WhaleCreep

Eminence Capital, LP 13F holdings, Q3 2014

Hedge fundSEC filingsCompare with another fundHoldings as of 2014-09-30, filed 2014-11-14

Eminence Capital, LP disclosed 66 US equity positions worth $6.5bn in its Q3 2014 13F filing. Its largest position is ADSK at 5.0% of the reported book, followed by FOSL and EBAY. Versus Q2 2014 it opened 15 new positions, added to 23, reduced 28 and exited 7.

$6.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
66
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.0%
Largest position
The largest single position as a share of the reported equity book.
31.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
47
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 2014: 15 new, 23 added, 28 reduced, 7 exited

50 of 66
ADSK AUTODESK INCTechnology5.0%$325m5.89m−1.7%reduced
FOSL FOSSIL GROUP INCConsumer Cyclical4.1%$262m2.80m+3.3%added
EBAY EBAY INC.Consumer Cyclical4.0%$261m4.61m+1.5%added
MENS WEARHOUSE INC no ticker–3.3%$216m4.57m−1.7%reduced
TIBCO SOFTWARE INC no ticker–3.2%$210m8.90m+68%added
INTERXION HOLDING N.V no ticker–2.5%$165m5.95m+23%added
GNCIQ GNC HLDGS INC–2.5%$164m4.23m–new
NOVEUR NATIONAL OILWELL VARCO INC–2.4%$154m2.03m−48%reduced
HUM HUMANA INCHealthcare2.4%$153m1.17m+6.7%added
GPI GROUP 1 AUTOMOTIVE INCConsumer Cyclical2.3%$150m2.06m+2.5%added
MCGRAW HILL FINL INC no ticker–2.2%$144m1.70m−3.5%reduced
AIG American International GroupFinancial Services2.2%$140m2.59m+0.6%added
EQIX EQUINIX INCReal Estate2.1%$137m645,132−8.8%reduced
MDRX VERADIGM INCHealthcare2.1%$137m10.21m+10%added
VCA INC no ticker–2.1%$133m3.39m−35%reduced
ABG ASBURY AUTOMOTIVE GROUP INCConsumer Cyclical1.9%$124m1.92m−9.1%reduced
MADISON SQUARE GARDEN CO no ticker–1.9%$121m1.83m−0.8%reduced
LEN LENNAR CORPConsumer Cyclical1.8%$119m3.07m+48%added
MSTR STRATEGY INCTechnology1.8%$116m885,615−0.8%reduced
DRQEUR DRIL-QUIP INC–1.8%$115m1.29m+28%added
FNF FIDELITY NATIONAL FINANCIALFinancial Services1.8%$114m6.46m–new
G GENPACT LIMITEDTechnology1.8%$114m6.98m−12%reduced
CBS OUTDOOR AMERS INC no ticker–1.7%$113m3.78m+372%added
SENSATA TECHNOLOGIES HLDG NV no ticker–1.7%$111m2.50m+82%added
AAPL APPLE INCTechnology1.7%$108m1.07m–new
OPLN OPENLANE INCConsumer Cyclical1.7%$107m3.75m−31%reduced
ZNGAEUR ZYNGA INC–1.6%$103m38.15m+44%added
MCD MCDONALDS CORPConsumer Cyclical1.6%$102m1.08m–new
CHARTER COMMUNICATIONS INC D no ticker–1.6%$102m673,778−13%reduced
CPRT COPART INCIndustrials1.5%$94.6m3.02m+50%added
BIDU BAIDU INCCommunication Services1.5%$94.0m430,805−0.6%reduced
MONSANTO CO NEW no ticker–1.4%$89.1m791,649+22%added
BEN FRANKLIN RESOURCES INCFinancial Services1.3%$85.5m1.57m−0.6%reduced
SAH SONIC AUTOMOTIVE INCConsumer Cyclical1.3%$85.1m3.47m+19%added
CCL CARNIVAL CORPConsumer Cyclical1.3%$84.2m2.10m+7.7%added
VALEANT PHARMACEUTICALS INTL no ticker–1.3%$83.7m638,212−15%reduced
AN AUTONATION INCConsumer Cyclical1.3%$83.6m1.66m+17%added
ALLERGAN INC no ticker–1.3%$83.0m465,801−0.6%reduced
FISV FISERV INC–1.3%$82.7m1.28m−0.6%reduced
FDX FEDEX CORPIndustrials1.3%$82.2m509,107−7.9%reduced
PVH PVH CORPORATIONConsumer Cyclical1.2%$78.6m648,437−3.1%reduced
SIRONA DENTAL SYSTEMS INC no ticker–1.2%$77.4m1.01m−0.6%reduced
CTSH COGNIZANT TECHNOLOGY SOLUTIOTechnology1.2%$77.0m1.72m–new
CDNS CADENCE DESIGN SYSTEM INCTechnology1.2%$76.4m4.44m−47%reduced
ANN INC no ticker–1.2%$75.8m1.84m+42%added
URBN URBAN OUTFITTERS INCConsumer Cyclical1.2%$75.0m2.04m−12%reduced
UTXZ UNITED TECHNOLOGIES CORP–1.2%$74.5m705,263+11%added
ZBH ZIMMER BIOMET HOLDINGS INCHealthcare1.1%$74.4m740,000–new
FBIN FORTUNE BRANDS INNOVATIONS IIndustrials1.1%$72.5m1.76m−11%reduced
DG DOLLAR GEN CORPConsumer Defensive0.9%$60.3m986,955−59%reduced

Exited since Q2 2014

7 rows
RL RALPH LAUREN CORP1.3%$81.6m
MALLINCKRODT PUB LTD CO no ticker1.0%$57.9m
KMX CARMAX INC0.5%$29.2m
GOGO GOGO INC0.4%$25.9m
LL FLOORING HOLDINGS INC no ticker0.4%$24.9m
TMUS T-MOBILE US INC0.4%$21.7m
AWI ARMSTRONG WORLD INDS INC NEW0.1%$8.8m

Sector mix

  • Unclassified43.8%
  • Consumer Cyclical23.7%
  • Technology12.7%
  • Healthcare5.9%
  • Financial Services5.2%
  • Industrials4.2%
  • Real Estate2.1%
  • Communication Services1.5%
  • Consumer Defensive0.9%

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