WhaleCreep

Eminence Capital, LP 13F holdings, Q1 2010

Hedge fundSEC filingsCompare with another fundHoldings as of 2010-03-31, filed 2010-05-17

Eminence Capital, LP disclosed 44 US equity positions worth $5.5bn in its Q1 2010 13F filing. Its largest position is ORCL at 6.2% of the reported book, followed by QCOM and JPM. Versus Q4 2009 it opened 9 new positions, added to 25, reduced 7 and exited 6.

$5.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
44
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.2%
Largest position
The largest single position as a share of the reported equity book.
42.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
32
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 Q4 2009: 9 new, 25 added, 7 reduced, 6 exited

44 rows
ORCL ORACLE CORPTechnology6.2%$338m13.16m+9.9%added
QCOM QUALCOMM INCTechnology5.0%$275m6.57m+115%added
JPM JPMORGAN CHASE & COFinancial Services4.6%$253m5.65m+45%added
TMO THERMO FISHER SCIENTIFIC INCHealthcare4.3%$237m4.61m+22%added
LMT LOCKHEED MARTIN CORPIndustrials4.2%$233m2.80m−3.7%reduced
USB US BANCORPFinancial Services4.0%$220m8.49m+16%added
AON CORP no ticker–3.5%$195m4.57m–new
EBAY EBAY INC.Consumer Cyclical3.5%$192m7.12m+27%added
GS GOLDMAN SACHS GROUP INCFinancial Services3.5%$190m1.12m+22%added
AAPL APPLE INCTechnology3.4%$186m793,470−24%reduced
MA MASTERCARD INCFinancial Services3.1%$172m675,778+31%added
SCHW SCHWAB CHARLES CORPFinancial Services3.1%$169m9.02m+77%added
EFX EQUIFAX INCIndustrials3.0%$164m4.58m−1.0%reduced
BAX BAXTER INTL INCHealthcare2.9%$159m2.74m+18%added
ABT ABBOTT LABORATORIESHealthcare2.9%$159m3.01m−37%reduced
LOW LOWES COS INCConsumer Cyclical2.8%$155m6.41m+24%added
PEP PEPSICO INCConsumer Defensive2.7%$147m2.23m+55%added
UTXZ UNITED TECHNOLOGIES CORP–2.6%$141m1.91m+18%added
DLTR DOLLAR TREE INCConsumer Defensive2.4%$134m2.26m–new
NOVELLUS SYS INC no ticker–2.3%$128m5.14m+83%added
DGX QUEST DIAGNOSTICS INCHealthcare2.3%$124m2.13m+18%added
99803EUR LABORATORY CORP AMER HLDGS–2.2%$120m1.59m+18%added
HSIC HENRY SCHEIN INCHealthcare2.1%$117m1.98m+129%added
RTN1USD RAYTHEON CO–2.1%$115m2.01m+353%added
FIS FIDELITY NATL INFORMATION SVTechnology2.1%$113m4.83m+147%added
APOLLO ED GROUP INC no ticker–2.1%$113m1.84m+13%added
ZBRA ZEBRA TECHNOLOGIES CORPTechnology1.8%$100.0m3.38m+0.5%held
AVPUSD AVON PRODS INC–1.6%$88.6m2.62m–new
COCA COLA ENTERPRISES INC no ticker–1.6%$88.1m3.19m–new
CSX CSX CORPIndustrials1.5%$83.2m1.64m+42%added
ADSK AUTODESK INCTechnology1.5%$82.4m2.81m+90%added
CSCO CISCO SYS INCTechnology1.5%$81.7m3.14m+9.9%added
BURGER KING HLDGS INC no ticker–1.5%$81.7m3.84m+91%added
IBKR INTERACTIVE BROKERS GROUP INFinancial Services1.2%$65.2m4.04m+21%added
PG PROCTER & GAMBLE COConsumer Defensive1.0%$53.7m849,000−41%reduced
SHW SHERWIN WILLIAMS COBasic Materials0.8%$44.5m658,243–new
V VISA INCFinancial Services0.8%$42.7m468,713−44%reduced
AMT TD AMERITRADE HLDG CORPReal Estate0.7%$39.5m2.07m–new
PETSMART INC no ticker–0.6%$31.5m985,301–new
LEN LENNAR CORPConsumer Cyclical0.5%$27.7m1.61m–new
WFC WELLS FARGO & COFinancial Services0.3%$18.8m603,186–new
GPN GLOBAL PMTS INCIndustrials0.3%$16.1m353,638−65%reduced
GLRE GREENLIGHT CAPITAL RE LTDFinancial Services0.04%$2.4m89,779+0.5%held
PALM INC NEW no ticker–0.0%$50.0k13,2580.0%held

Exited since Q4 2009

6 rows
GIS GENERAL MILLS INC1.6%$65.3m
NOC NORTHROP GRUMMAN CORP1.2%$46.6m
BURLINGTON NORTHN SANTA FE C no ticker0.7%$28.3m
TALECRIS BIOTHERAPEUTICS HLD no ticker0.6%$23.2m
WALGREEN CO no ticker0.6%$22.8m
CMG CHIPOTLE MEXICAN GRILL INC0.3%$13.1m

Sector mix

  • Technology21.4%
  • Financial Services20.6%
  • Unclassified20.0%
  • Healthcare14.5%
  • Industrials9.0%
  • Consumer Cyclical6.8%
  • Consumer Defensive6.1%
  • Basic Materials0.8%
  • Real Estate0.7%

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