WhaleCreep

Eminence Capital, LP 13F holdings, Q1 2013

Hedge fundSEC filingsCompare with another fundHoldings as of 2013-03-31, filed 2013-05-15

Eminence Capital, LP disclosed 39 US equity positions worth $2.7bn in its Q1 2013 13F filing. Its largest position is AAP at 8.0% of the reported book, followed by EBAY and G. Versus Q4 2012 it opened 7 new positions, added to 21, reduced 11 and exited 6.

$2.7bn
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.
8.0%
Largest position
The largest single position as a share of the reported equity book.
45.1%
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 Q4 2012: 7 new, 21 added, 11 reduced, 6 exited

39 rows
AAP ADVANCE AUTO PARTS INCConsumer Cyclical8.0%$215m2.60m+23%added
EBAY EBAY INC.Consumer Cyclical5.9%$159m2.93m+12%added
G GENPACT LIMITEDTechnology5.7%$153m8.42m+32%added
QCOM QUALCOMM INCTechnology3.8%$102m1.52m+107%added
AIG American International GroupFinancial Services3.8%$101m2.60m+28%added
CME CME GROUP INCFinancial Services3.7%$99.9m1.63m−16%reduced
JPM JPMORGAN CHASE & COFinancial Services3.7%$98.2m2.07m+3.1%added
SIRONA DENTAL SYSTEMS INC no ticker–3.6%$97.8m1.33m−10%reduced
MNST MONSTER BEVERAGE CORPConsumer Defensive3.5%$92.8m1.94m+249%added
CHICAGO BRIDGE & IRON CO N V no ticker–3.4%$90.9m1.46m–new
BEN FRANKLIN RESOURCES INCFinancial Services3.2%$86.0m570,195+1.9%added
CAREFUSION CORP no ticker–3.2%$85.0m2.43m+3.1%added
ZBRA ZEBRA TECHNOLOGIES CORPTechnology3.1%$84.2m1.79m−2.6%reduced
FIS FIDELITY NATL INFORMATION SVTechnology3.1%$83.2m2.10m+36%added
MSTR STRATEGY INCTechnology3.0%$81.7m808,728−3.9%reduced
SCHW SCHWAB CHARLES CORPFinancial Services3.0%$80.5m4.55m+35%added
UTXZ UNITED TECHNOLOGIES CORP–3.0%$79.8m853,802+3.9%added
RVTY REVVITY INCHealthcare2.9%$77.7m2.31m+7.1%added
VODAFONE GROUP PLC NEW SPONS no ticker–2.6%$70.9m2.50m+5.4%added
TYCO INTERNATIONAL LTD no ticker–2.6%$70.8m2.21m−2.8%reduced
EFX EQUIFAX INCIndustrials2.4%$63.6m1.10m+5.9%added
DGX QUEST DIAGNOSTICS INCHealthcare2.2%$60.1m1.07m+2.1%added
FLT1EUR FLEETCOR TECHNOLOGIES INC–2.2%$58.7m765,826+66%added
STT STATE STR CORPFinancial Services2.2%$58.1m983,161−4.2%reduced
FTNT FORTINET INCTechnology2.1%$57.4m2.42m+115%added
ADBE ADOBE INCTechnology2.1%$55.0m1.26m−5.5%reduced
TMO THERMO FISHER SCIENTIFIC INCHealthcare2.0%$54.6m714,410−33%reduced
99803EUR LABORATORY CORP AMER HLDGS–1.9%$50.4m558,807+3.2%added
ITW ILLINOIS TOOL WKS INCIndustrials1.8%$48.8m800,886+6.3%added
ABG ASBURY AUTOMOTIVE GROUP INCConsumer Cyclical1.5%$40.1m1.09m–new
ROK ROCKWELL AUTOMATION INCIndustrials0.8%$20.3m235,000−42%reduced
NBHC NATIONAL BK HLDGS CORPFinancial Services0.7%$19.7m1.07m−26%reduced
GPI GROUP 1 AUTOMOTIVE INCConsumer Cyclical0.7%$19.7m327,405–new
SAH SONIC AUTOMOTIVE INCConsumer Cyclical0.7%$18.9m852,200–new
EXLS EXLSERVICE HLDGS INCTechnology0.6%$17.3m527,318+3.5%added
VFC V F CORPConsumer Cyclical0.3%$8.6m51,471–new
ANN INC no ticker–0.3%$8.4m290,000–new
BXUSD BLACKSTONE GROUP L P–0.3%$7.9m397,345−18%reduced
AEROPOSTALE no ticker–0.2%$4.3m317,250–new

Exited since Q4 2012

6 rows
E M C CORP MASS no ticker4.0%$87.8m
OIEUR OWENS ILL INC2.1%$47.0m
NXPI NXP SEMICONDUCTORS N V1.9%$41.4m
EMR Emerson Electric Inc.1.4%$31.8m
RL RALPH LAUREN CORP0.3%$6.0m
GLRE GREENLIGHT CAPITAL RE LTD0.10%$2.1m

Sector mix

  • Technology23.6%
  • Unclassified23.3%
  • Financial Services20.3%
  • Consumer Cyclical17.2%
  • Healthcare7.2%
  • Industrials4.9%
  • Consumer Defensive3.5%

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