Funds › Davidson Kempner Capital Management LP › Q2 2018Davidson Kempner Capital Management LP 13F holdings, Q2 2018 Davidson Kempner Capital Management LP disclosed 162 US equity positions worth $7.3bn in its Q2 2018 13F filing. Its largest position is AETNA INC NEW at 11.8% of the reported book, followed by ROCKWELL COLLINS INC and TWENTY FIRST CENTY FOX INC. Versus Q1 2018 it opened 58 new positions, added to 31, reduced 39 and exited 53.
$7.3bn Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
162 Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
11.8% Largest position The largest single position as a share of the reported equity book.
56.5% Top 10 weight The ten largest positions together, as a share of the reported equity book.
23 Effective positions 1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
50 Quarters on file since Q1 2014 Quarters for which this manager's 13F holdings are on record. Holdings Against Q1 2018: 58 new , 31 added , 39 reduced , 53 exited
50 of 162 Show all 162
Stock Sector Weight Value Shares Δ shares Action AETNA INC NEW no ticker – 11.8% $857m 4.67m +50% added ROCKWELL COLLINS INC no ticker – 9.9% $719m 5.34m −12% reduced TWENTY FIRST CENTY FOX INC no ticker – 7.4% $539m 10.84m +638% added GGP INC no ticker – 6.3% $461m 22.58m – new XL GROUP LTD no ticker – 5.2% $382m 6.82m +24% added VST VISTRA CORP Utilities 4.9% $355m 15.02m +13% added AABAUSD ALTABA INC – 3.6% $262m 3.57m −2.6% reduced AVYAUSD AVAYA HLDGS CORP – 3.0% $218m 10.85m 0.0% held INTEL CORP no ticker – 2.4% $172m 70.00m −13% reduced ORBOTECH LTD no ticker – 2.0% $143m 2.32m +630% added MICROCHIP TECHNOLOGY INC no ticker – 1.7% $123m 106.00m +6.0% added THC TENET HEALTHCARE CORP Healthcare 1.6% $117m 3.48m −9.2% reduced VECTREN CORP no ticker – 1.4% $101m 1.41m – new DR PEPPER SNAPPLE GROUP INC no ticker – 1.3% $96.6m 791,939 +73% added TWITTER INC no ticker – 1.3% $92.9m 96.00m −5.9% reduced SWK STANLEY BLACK & DECKER INC Industrials 1.2% $89.6m 675,000 +157% added CAVM CAVIUM INC – 1.0% $72.3m 836,392 – new SERVUSD SERVICEMASTER GLOBAL HLDGS I – 1.0% $69.9m 1.18m +68% added IACIEUR IAC INTERACTIVECORP – 0.9% $66.7m 437,500 −49% reduced WAYFAIR INC no ticker – 0.9% $64.4m 50.00m +11% added ILG INC no ticker – 0.9% $61.9m 1.87m −30% reduced ARCH1EUR ARCH COAL INC – 0.7% $49.3m 628,010 +261% added KLX INC no ticker – 0.7% $49.0m 682,035 – new PEP PEPSICO INC Consumer Defensive 0.7% $49.0m 450,000 +71% added DISH NETWORK CORP no ticker – 0.7% $48.4m 50.00m – new SPOT SPOTIFY TECHNOLOGY S A Communication Services 0.7% $48.4m 287,500 – new ZILLOW GROUP INC no ticker – 0.7% $48.1m 38.00m +153% added TMUS T-MOBILE US INC Communication Services 0.6% $46.3m 775,000 −31% reduced DLTR DOLLAR TREE INC Consumer Defensive 0.6% $45.7m 537,500 +330% added ULTA ULTA BEAUTY INC Consumer Cyclical 0.6% $40.9m 175,000 – new SHW SHERWIN WILLIAMS CO Basic Materials 0.6% $40.8m 100,000 – new NICE SYS INC no ticker – 0.5% $39.8m 30.00m 0.0% held RADIUS HEALTH INC no ticker – 0.5% $37.1m 40.00m 0.0% held PRKS UNITED PARKS & RESORTS INC Consumer Cyclical 0.5% $36.7m 1.68m +83% added QSR RESTAURANT BRANDS INTL INC Consumer Cyclical 0.5% $35.6m 589,598 – new VMC VULCAN MATLS CO Basic Materials 0.4% $32.3m 250,000 +150% added WEX WEX INC Technology 0.4% $31.0m 162,500 −1.4% reduced INTERDIGITAL INC no ticker – 0.4% $30.7m 25.00m +25% added JACK JACK IN THE BOX INC Consumer Cyclical 0.4% $29.8m 350,000 – new ROK ROCKWELL AUTOMATION INC Industrials 0.4% $29.1m 175,000 – new TRCO TRIBUNE MEDIA CO – 0.4% $28.9m 754,100 −56% reduced LOW LOWES COS INC Consumer Cyclical 0.4% $27.5m 287,500 +44% added DXC DXC TECHNOLOGY CO Technology 0.4% $27.4m 339,495 +94% added J2 GLOBAL INC no ticker – 0.4% $27.0m 20.00m 0.0% held EA ELECTRONIC ARTS INC Communication Services 0.4% $26.4m 187,500 −53% reduced AEROJET ROCKETDYNE HLDGS INC no ticker – 0.4% $25.8m 20.00m 0.0% held NEW YORK REIT INC no ticker – 0.3% $25.4m 1.39m 0.0% held MSFT MICROSOFT CORP Technology 0.3% $24.7m 250,000 +67% added STZ CONSTELLATION BRANDS INC Consumer Defensive 0.3% $24.6m 112,500 – new SPIRIT RLTY CAP INC NEW no ticker – 0.3% $23.7m 2.95m −29% reduced
Exited since Q1 2018 Sector mix Unclassified 78.6% Utilities 4.9% Consumer Cyclical 4.6% Consumer Defensive 2.6% Industrials 2.2% Healthcare 1.9% Communication Services 1.8% Technology 1.7% Basic Materials 1.0% Financial Services 0.7% Real Estate 0.2% Book over time Every quarter on file (50) Where Davidson Kempner Capital Management LP was early Concentration and tenure
11.8% Median largest position, all quarters The largest single position as a share of the reported equity book.
45.7% Median top 10 weight, all quarters The ten largest positions together, as a share of the reported equity book.
Concentrated Style, by median largest position
2 Median completed holding, quarters