WhaleCreep

Eminence Capital, LP 13F holdings, Q3 2011

Hedge fundSEC filingsCompare with another fundHoldings as of 2011-09-30, filed 2011-11-14

Eminence Capital, LP disclosed 39 US equity positions worth $2.5bn in its Q3 2011 13F filing. Its largest position is AON CORP at 8.5% of the reported book, followed by TYCO INTERNATIONAL LTD and CME. Versus Q2 2011 it opened 9 new positions, added to 7, reduced 22 and exited 4.

$2.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
39
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.5%
Largest position
The largest single position as a share of the reported equity book.
46.1%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
28
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 2011: 9 new, 7 added, 22 reduced, 4 exited

39 rows
AON CORP no ticker–8.5%$210m5.01m−15%reduced
TYCO INTERNATIONAL LTD no ticker–5.8%$142m3.49m−14%reduced
CME CME GROUP INCFinancial Services5.6%$139m563,815+4.1%added
EBAY EBAY INC.Consumer Cyclical5.4%$134m4.54m−13%reduced
ORCL ORACLE CORPTechnology4.4%$108m3.75m−46%reduced
NOVELLUS SYS INC no ticker–3.9%$97.0m3.56m−22%reduced
TMO THERMO FISHER SCIENTIFIC INCHealthcare3.5%$86.6m1.71m+28%added
G GENPACT LIMITEDTechnology3.0%$74.6m5.19m−27%reduced
SCHW SCHWAB CHARLES CORPFinancial Services2.9%$71.8m6.37m+26%added
MAR MARRIOTT INTL INC NEWConsumer Cyclical2.9%$71.3m2.62m–new
AAPL APPLE INCTechnology2.9%$70.4m184,681−26%reduced
JPM JPMORGAN CHASE & COFinancial Services2.8%$70.1m2.33m−21%reduced
SHW SHERWIN WILLIAMS COBasic Materials2.4%$58.7m789,767+503%added
USB US BANCORPFinancial Services2.4%$58.2m2.47m−41%reduced
LOW LOWES COS INCConsumer Cyclical2.3%$57.0m2.95m−12%reduced
MHK MOHAWK INDS INCConsumer Cyclical2.3%$56.8m1.32m−10.0%reduced
EFX EQUIFAX INCIndustrials2.3%$56.8m1.85m−9.5%reduced
ITUB ITAU UNIBANCO HLDG S AFinancial Services2.3%$56.6m3.65m+3.6%added
DIS DISNEY WALT COCommunication Services2.3%$56.5m1.87m–new
UTXZ UNITED TECHNOLOGIES CORP–2.3%$56.2m799,134−18%reduced
GS GOLDMAN SACHS GROUP INCFinancial Services2.2%$54.9m580,239−6.2%reduced
ITW ILLINOIS TOOL WKS INCIndustrials2.2%$54.3m1.31m−12%reduced
BAX BAXTER INTL INCHealthcare2.1%$52.0m925,735−31%reduced
LEN LENNAR CORPConsumer Cyclical2.1%$50.9m3.76m+12%added
CHECK POINT SOFTWARE TECH LT no ticker–2.0%$49.9m945,000−42%reduced
ASH Ashland IncBasic Materials1.8%$44.7m1.01m–new
CAREFUSION CORP no ticker–1.8%$43.4m1.81m−21%reduced
FIS FIDELITY NATL INFORMATION SVTechnology1.7%$42.5m1.75m−16%reduced
AAP ADVANCE AUTO PARTS INCConsumer Cyclical1.7%$42.4m729,329–new
HSIC HENRY SCHEIN INCHealthcare1.7%$42.2m680,058−22%reduced
99803EUR LABORATORY CORP AMER HLDGS–1.7%$41.9m530,266−35%reduced
BEN FRANKLIN RESOURCES INCFinancial Services1.7%$41.3m432,200–new
EQIX EQUINIX INCReal Estate1.6%$40.4m455,000–new
NXPI NXP SEMICONDUCTORS N VTechnology1.6%$39.4m2.79m–new
LIFE TECHNOLOGIES CORP no ticker–1.4%$34.2m890,000–new
AMT TD AMERITRADE HLDG CORPReal Estate1.0%$25.6m1.74m−45%reduced
LKQ LKQ CORPConsumer Cyclical0.8%$19.1m790,887–new
HDB HDFC BANK LTDFinancial Services0.3%$8.2m281,385+407%added
GLRE GREENLIGHT CAPITAL RE LTDFinancial Services0.08%$1.9m89,7790.0%held

Exited since Q2 2011

4 rows
ABT ABBOTT LABORATORIES4.0%$133m
TGT TARGET CORP2.5%$84.3m
CSCO CISCO SYS INC2.4%$79.1m
COCA COLA ENTERPRISES INC NE no ticker1.4%$46.7m

Sector mix

  • Unclassified27.4%
  • Financial Services20.4%
  • Consumer Cyclical17.5%
  • Technology13.6%
  • Healthcare7.3%
  • Industrials4.5%
  • Basic Materials4.2%
  • Real Estate2.7%
  • Communication Services2.3%

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