WhaleCreep

Eminence Capital, LP 13F holdings, Q4 2003

Hedge fundSEC filingsCompare with another fundHoldings as of 2003-12-31, filed 2004-02-17

Eminence Capital, LP disclosed 76 US equity positions worth $1.3bn in its Q4 2003 13F filing. Its largest position is YUM at 6.3% of the reported book, followed by 5 Anthem Inc and DEO. Versus Q2 2003 it opened 29 new positions, added to 12, reduced 14 and exited 32.

$1.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
76
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.3%
Largest position
The largest single position as a share of the reported equity book.
44.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
33
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
104
Quarters on file since Q4 1999
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2003: 29 new, 12 added, 14 reduced, 32 exited

50 of 76
YUM YUM BRANDS INCConsumer Cyclical6.3%$81.6m2.37m−42%reduced
5 Anthem Inc no ticker–6.1%$78.8m1.05m–new
DEO DIAGEO PLCConsumer Defensive6.1%$78.7m6.00m–new
6 Aramark Corp no ticker–4.7%$60.3m2.20m+13%added
73 Time Warner Inc no ticker–4.1%$53.1m2.95m–new
7 Argosy Gaming Co no ticker–3.8%$48.7m1.88m+67%added
HSI HEIDRICK & STRUGGLES INTL IN–3.7%$48.0m2.20m0.0%held
37 Kerzner Intl Ltd no ticker–3.5%$45.2m1.16m−11%reduced
78 Wellpoint Health Networks Inc no ticker–3.4%$43.6m450,000+13%added
USB US BANCORPFinancial Services2.9%$38.0m1.27m–new
47 MI Developments, Inc no ticker–2.4%$30.7m1.10m–new
41 Liberty Media Corp no ticker–2.3%$30.3m2.55m+1940%added
OMNICARE INC no ticker–2.3%$29.9m740,000−33%reduced
SNPS SYNOPSYS INCTechnology2.3%$29.6m875,000–new
80 Willis Group Holdings Ltd no ticker–2.2%$29.0m850,000–new
38 Kinder Morgan Inc no ticker–2.2%$28.4m480,0000.0%held
63 RH Donnelley Corp no ticker–2.2%$27.9m700,000+40%added
ROST ROSS STORES INCConsumer Cyclical2.1%$27.5m1.04m+61%added
LEN LENNAR CORPConsumer Cyclical2.1%$27.4m285,000−53%reduced
52 North Fork Banc Inc no ticker–2.1%$27.2m673,000−29%reduced
56 Oxford Health Plans Inc no ticker–2.1%$27.2m626,000−68%reduced
18 Comverse Technology Inc no ticker–2.0%$26.4m1.50m−21%reduced
BEN FRANKLIN RESOURCES INCFinancial Services1.9%$24.5m470,000−37%reduced
29 Gaylord Entertainment Co no ticker–1.9%$24.3m815,200–new
PIER 1 IMPORTS INC no ticker–1.8%$23.4m1.07m−33%reduced
77 W.P. Stewart & Co Ltd no ticker–1.8%$23.0m1.07m+0.3%held
30 Gemstar TV Guide Int'l Inc no ticker–1.6%$20.3m4.00m–new
25 EW Scripps Co no ticker–1.6%$20.2m215,000+115%added
43 LNR Property Corp no ticker–1.5%$19.8m400,000−53%reduced
9 Bisys Group Inc no ticker–1.2%$14.9m1.00m–new
ODPEUR OFFICE DEPOT INC–1.1%$14.6m875,000–new
JCPCHF PENNEY J C INC–1.1%$14.1m535,000+970%added
HRB BLOCK H & R INCConsumer Cyclical1.1%$13.8m250,0000.0%held
61 Polo Ralph Lauren Corp no ticker–1.1%$13.7m475,000–new
26 Fox Entertainment Group Inc no ticker–1.0%$12.4m425,000–new
MGM MGM RESORTS INTERNATIONALConsumer Cyclical0.7%$9.4m250,000−76%reduced
COOPER COS INC no ticker–0.5%$7.1m150,0000.0%held
GAP GAP INCConsumer Cyclical0.5%$7.0m300,000–new
49 NDC Health Corp no ticker–0.5%$6.4m250,0000.0%held
42 Limited Brands Inc no ticker–0.5%$6.3m350,000–new
ALLERGAN INC no ticker–0.4%$5.8m75,0000.0%held
68 Shuffle Master Inc no ticker–0.4%$5.2m150,000+20%added
8 Beckman Coulter Inc no ticker–0.4%$5.1m100,000−33%reduced
TTEK TETRA TECH INC NEWIndustrials0.4%$5.0m200,0000.0%held
34 Hollywood Entertainment Corp no ticker–0.4%$4.9m356,000+137%added
33 Hilton Hotels Corp no ticker–0.4%$4.7m275,000–new
CTB COOPER TIRE & RUBR CO–0.3%$4.3m200,000–new
36 Kellwood Company no ticker–0.3%$4.1m100,0000.0%held
55 Orthodontic Centers of Amer no ticker–0.3%$4.0m500,0000.0%held
22 Dendrite Int'l Inc no ticker–0.3%$3.9m250,0000.0%held

Exited since Q2 2003

32 rows
9 AOL Time Warner no ticker4.1%$48.3m
ANF ABERCROMBIE & FITCH CO3.1%$36.9m
COR CENCORA INC2.8%$32.9m
50 Nautica Enterprises Inc no ticker2.6%$30.8m
INTERNATIONAL GAME TECHNOLOG no ticker2.6%$30.7m
MSFT MICROSOFT CORP2.1%$25.0m
14 Catalina Marketing Corp no ticker2.0%$23.8m
63 Reebok Int'l Ltd no ticker1.6%$19.3m
76 Viacom Inc no ticker1.5%$17.5m
NYCBEUR NEW YORK CMNTY BANCORP INC1.4%$16.4m
34 Insignia Financial Group Inc no ticker1.3%$15.6m
41 Labranche & Co no ticker1.2%$13.8m
IDXX IDEXX LABS INC0.3%$3.3m
46 Mandalay Resort no ticker0.3%$3.2m
23 Diagnostic Products Corp no ticker0.3%$3.1m
33 Impath Inc no ticker0.2%$2.8m
AMZN AMAZON COM INC0.2%$2.7m
WY WEYERHAEUSER CO0.2%$2.7m
67 SCP Pool Corp no ticker0.2%$2.6m
68 Sears Roebuck & Co no ticker0.2%$2.5m
DLX DELUXE CORP0.2%$2.2m
PENN PENN ENTERTAINMENT INC0.2%$2.1m
DIS DISNEY WALT CO0.2%$2.0m
TJX TJX COS INC NEW0.2%$1.9m
GATX GATX CORP0.1%$1.6m
AEROPOSTALE no ticker0.1%$1.6m
VTY VERINT SYS INC0.1%$1.5m
38 Kenneth Cole Prod Inc no ticker0.1%$1.5m
RADIOSHACK CORP no ticker0.1%$1.3m
AGM FEDERAL AGRIC MTG CORP0.09%$1.1m
58 Palm Inc no ticker0.01%$117k
44 Liberty Media Corp no ticker0.01%$73.0k

Sector mix

  • Unclassified72.8%
  • Consumer Cyclical13.0%
  • Consumer Defensive6.1%
  • Financial Services4.8%
  • Technology2.3%
  • Industrials0.5%
  • Basic Materials0.2%
  • Communication Services0.2%

Book over time

Every quarter on file (104)
QuarterPositionsEquity book
Q1 202633$4.4bn
Q4 202539$6.3bn
Q3 202543$6.8bn
Q2 202545$6.8bn
Q1 202547$6.0bn
Q4 202452$6.5bn
Q3 202449$6.6bn
Q2 202456$6.2bn
Q1 202456$5.5bn
Q4 202355$5.1bn
Q3 202360$5.1bn
Q2 202362$5.6bn
Q1 202365$5.9bn
Q4 202264$5.4bn
Q3 202259$4.7bn
Q2 202264$5.0bn
Q1 202266$6.2bn
Q4 202166$7.7bn
Q3 202162$7.3bn
Q2 202169$8.1bn
Q1 202168$8.1bn
Q4 202076$8.8bn
Q3 202075$7.7bn
Q2 202071$7.7bn
Q1 202099$8.2bn
Q4 201956$8.8bn
Q3 201953$7.9bn
Q2 201946$7.4bn
Q1 201942$6.5bn
Q4 201844$5.1bn
Q3 201840$6.1bn
Q2 201845$7.0bn
Q1 201838$6.2bn
Q4 201739$6.3bn
Q3 201742$6.2bn
Q2 201743$5.9bn
Q1 201739$5.6bn
Q4 201645$6.4bn
Q3 201643$6.0bn
Q2 201644$4.9bn
Q1 201645$5.7bn
Q4 201554$7.3bn
Q3 201558$6.3bn
Q2 201558$6.6bn
Q1 201559$6.2bn
Q4 201468$6.7bn
Q3 201466$6.5bn
Q2 201458$6.1bn
Q1 201463$5.9bn
Q4 201359$5.6bn
Q3 201352$4.5bn
Q2 201351$4.0bn
Q1 201339$2.7bn
Q4 201238$2.2bn
Q3 201238$2.2bn
Q2 201238$2.1bn
Q1 201239$2.1bn
Q4 201142$2.5bn
Q3 201139$2.5bn
Q2 201134$3.3bn
Q1 201140$3.7bn
Q4 201039$3.5bn
Q3 201048$4.5bn
Q2 201049$4.4bn
Q1 201044$5.5bn
Q4 200941$4.0bn
Q3 200934$2.5bn
Q2 200928$1.9bn
Q1 200919$1.1bn
Q4 200820$1.3bn
Q3 200831$3.0bn
Q2 200830$3.1bn
Q1 200827$3.2bn
Q4 200740$5.4bn
Q3 200745$6.0bn
Q2 200757$7.1bn
Q1 200735$3.8bn
Q4 200629$3.2bn
Q3 200631$3.3bn
Q2 200637$3.6bn
Q1 200633$3.1bn
Q4 200533$2.4bn
Q3 200558$2.3bn
Q2 200562$1.7bn
Q1 200559$1.4bn
Q4 200473$1.3bn
Q3 200484$1.4bn
Q2 200474$1.4bn
Q1 200477$1.3bn
Q4 200376$1.3bn
Q2 200379$1.2bn
Q1 200366$910m
Q3 200263$760m
Q2 200247$535m
Q1 200253$638m
Q4 200148$553m
Q3 200164$552m
Q2 200154$590m
Q1 200143$524m
Q4 200067$471m
Q3 200052$322m
Q2 200037$194m
Q1 200050$242m
Q4 199936$187m

Where Eminence Capital, LP was early

175 rows
TTWO TAKE-TWO INTERACTIVE SOFTWARQ1 200011 of 2130.3%3.2%17Exited by Q1 2020+1286%
ENR Energizer Hldgs IncQ3 20001 of 973.5%5.7%5Exited by Q4 2001−32%
MEI Methode Electrs Inc METHAQ3 20001 of 700.3%1.7%3Exited by Q2 2001−60%
ROST Ross Stores IncQ3 20001 of 1742.0%7.5%16Exited by Q1 2008+256%
TTEK Tetra Tech Inc NewQ3 20001 of 1141.3%1.3%11Exited by Q2 2004−6.1%
MAT MATTEL INCQ3 20003 of 1300.9%1.3%5Exited by Q4 2017+35%
HRB BLOCK H & R INCQ4 20003 of 1230.4%5.6%8Exited by Q4 2005+132%
MCO Moody's CorpQ4 20003 of 1762.2%2.6%4Exited by Q3 2007+384%
TJX 73 TJX Companies IncQ4 20003 of 1851.8%3.1%6Exited by Q4 2003+36%
TSN TYSON FOODS INCQ4 200011 of 1240.9%4.5%5Exited by Q3 2019+533%
AAPL APPLE INCQ1 20011 of 2752.1%6.6%18Exited by Q1 2015+6902%
MMS MAXIMUS INCQ1 20011 of 940.06%1.4%5Exited by Q3 2002+7.1%
MSFT MICROSOFT CORPQ1 20011 of 3741.2%3.7%17Exited by Q1 2019+271%
VTR VENTAS INCQ1 20011 of 1262.6%4.6%8Exited by Q4 2020+332%
JPM JPMORGAN CHASE & COQ1 20012 of 2312.8%4.6%23Exited by Q4 2020+114%
NKE NIKE INCQ1 20012 of 2083.9%6.9%19Exited by Q4 2017+928%
ANF ABERCROMBIE & FITCH COQ2 20011 of 1460.4%10.3%10Exited by Q4 2009−26%
HSI Heidrick & Struggles IncQ2 20011 of 600.2%4.7%11Exited by Q1 2005–
CTAS CINTAS CORPQ2 20012 of 1390.4%4.7%19Exited by Q4 2009−34%
RCI ROGERS COMMUNICATIONS INCQ2 20012 of 852.2%4.1%4Exited by Q2 2002−9.6%
ROK ROCKWELL AUTOMATION INCQ2 20013 of 1401.9%1.9%3Exited by Q2 2013+127%
AXP AMERICAN EXPRESS COQ3 20011 of 1941.7%7.0%27Exited by Q4 2023+487%
KR 35 Kroger CompanyQ3 20011 of 1602.0%5.1%5Exited by Q1 2003−43%
AEO AMERICAN EAGLE OUTFITTERS NEQ3 20013 of 1511.7%2.0%7Exited by Q1 2011+121%
BIGGQ BIG LOTS INC OHIOQ1 20021 of 891.7%1.7%2Exited by Q3 2002+40%
URI 74 United Rentals IncQ1 20021 of 1801.4%1.4%4Exited by Q1 2004−30%
PZZA PAPA JOHNS INTL INCQ1 20025 of 1240.5%2.5%3Exited by Q2 2018+722%
SHW SHERWIN WILLIAMS COQ1 20025 of 1920.2%3.2%13Exited by Q3 2024+3044%
FICO 16 Fair Issac & Co IncQ2 20022 of 1861.7%1.7%2Exited by Q1 2003−0.5%
MAR MARRIOTT INTL INC NEWQ2 20023 of 1820.7%2.9%5Exited by Q2 2020+322%
BEN FRANKLIN RES INCQ3 20021 of 1172.5%3.6%29Exited by Q1 2015+434%
WOO 15 Foot Locker IncQ3 20021 of 1604.6%4.7%2Exited by Q2 2003+7.1%
MGM MGM RESORTS INTERNATIONALQ1 20032 of 2122.2%3.9%9Exited by Q1 2025+137%
YUM YUM BRANDS INCQ1 20032 of 1568.0%10.3%9Exited by Q1 2016+500%
COR AmerisourceBergen CorpQ1 20033 of 1582.7%2.8%6Exited by Q1 2005+12%
DIS DISNEY WALT COQ2 20037 of 2530.2%2.3%6Exited by Q4 2012+168%
SNPS SYNOPSYS INCQ4 20033 of 2152.3%4.1%6Held at last filing, Q1 2026+1071%
USB US BANCORP DELQ4 20033 of 1622.9%5.2%23Exited by Q1 2012−9.2%
PHM PULTE HOMES INCQ1 20043 of 1501.1%3.2%6Exited by Q3 2005+52%
ORCL ORACLE CORPQ3 20045 of 2560.9%22.1%25Exited by Q3 2013+172%
FMX FOMENTO ECONOMICO MEXICANO SQ4 20041 of 823.7%3.7%9Exited by Q4 2023+522%
WYNN WYNN RESORTS LTDQ4 20041 of 1820.3%1.4%10Exited by Q1 2025+29%
SCHW SCHWAB CHARLES CORPQ1 20051 of 2214.5%8.1%46Exited by Q1 2024+555%
DLB DOLBY LABORATORIES INCQ1 20053 of 1050.2%1.1%6Exited by Q4 2006−16%
KOF REP LQ2 20052 of 460.4%1.9%9Exited by Q3 2007+66%
QCOM QUALCOMM INCQ2 20055 of 2463.4%7.0%29Exited by Q2 2014+139%
STE Steris CorpQ3 20051 of 1191.0%3.5%8Exited by Q3 2007+29%
MMM 3M COQ3 20054 of 1654.2%5.2%13Exited by Q4 2008−6.9%
CSCO CISCO SYS INCQ4 20055 of 1705.3%6.5%23Exited by Q3 2011−8.8%
AMAT APPLIED MATLS INCQ2 20062 of 2912.7%4.5%11Exited by Q1 2009−38%

Concentration and tenure

7.2%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
44.5%
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