WhaleCreep

Eminence Capital, LP 13F holdings, Q4 2014

Hedge fundSEC filingsCompare with another fundHoldings as of 2014-12-31, filed 2015-02-17

Eminence Capital, LP disclosed 68 US equity positions worth $6.7bn in its Q4 2014 13F filing. Its largest position is FOSL at 4.5% of the reported book, followed by MENS WEARHOUSE INC and ADSK. Versus Q3 2014 it opened 19 new positions, added to 27, reduced 20 and exited 17.

$6.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
68
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
4.5%
Largest position
The largest single position as a share of the reported equity book.
28.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
51
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 Q3 2014: 19 new, 27 added, 20 reduced, 17 exited

50 of 68
FOSL FOSSIL GROUP INCConsumer Cyclical4.5%$301m2.72m−2.7%reduced
MENS WEARHOUSE INC no ticker–3.8%$252m5.72m+25%added
ADSK AUTODESK INCTechnology2.7%$180m3.00m−49%reduced
EBAY EBAY INC.Consumer Cyclical2.6%$176m3.13m−32%reduced
GNCIQ GNC HLDGS INC–2.6%$175m3.73m−12%reduced
ZNGAEUR ZYNGA INC–2.5%$166m62.45m+64%added
INTERXION HOLDING N.V no ticker–2.5%$166m6.06m+1.7%added
AIG American International GroupFinancial Services2.4%$161m2.88m+11%added
CPRT COPART INCIndustrials2.4%$159m4.36m+45%added
G GENPACT LIMITEDTechnology2.4%$157m8.31m+19%added
PANDORA MEDIA INC no ticker–2.3%$153m8.57m–new
DAR DARLING INGREDIENTS INCConsumer Defensive2.3%$150m8.26m–new
PVH PVH CORPORATIONConsumer Cyclical2.2%$149m1.16m+79%added
NOVEUR NATIONAL OILWELL VARCO INC–2.2%$147m2.24m+10%added
MCGRAW HILL FINL INC no ticker–2.1%$143m1.61m−5.7%reduced
GPI GROUP 1 AUTOMOTIVE INCConsumer Cyclical2.1%$140m1.56m−24%reduced
MDRX VERADIGM INCHealthcare2.1%$138m10.79m+5.7%added
MSTR STRATEGY INCTechnology2.1%$137m846,022−4.5%reduced
ABG ASBURY AUTOMOTIVE GROUP INCConsumer Cyclical2.0%$134m1.76m−8.5%reduced
DRQEUR DRIL-QUIP INC–1.9%$126m1.64m+28%added
AAPL APPLE INCTechnology1.8%$119m1.08m+0.8%added
SENSATA TECHNOLOGIES HLDG NV no ticker–1.8%$118m2.25m−9.7%reduced
BIDU BAIDU INCCommunication Services1.8%$117m514,617+19%added
ZBH ZIMMER BIOMET HOLDINGS INCHealthcare1.7%$116m1.03m+39%added
MCD MCDONALDS CORPConsumer Cyclical1.7%$115m1.22m+14%added
OPLN OPENLANE INCConsumer Cyclical1.7%$112m3.24m−14%reduced
HERTZ GLOBAL HOLDINGS INC no ticker–1.7%$112m4.48m+731%added
CTSH COGNIZANT TECHNOLOGY SOLUTIOTechnology1.6%$107m2.03m+18%added
CHARTER COMMUNICATIONS INC D no ticker–1.6%$107m639,773−5.0%reduced
OUT OUTFRONT MEDIA INCReal Estate1.6%$104m3.89m–new
CCL CARNIVAL CORPConsumer Cyclical1.4%$96.4m2.13m+1.4%added
MONSANTO CO NEW no ticker–1.4%$95.9m802,851+1.4%added
CAR AVIS BUDGET GROUP INCIndustrials1.4%$95.2m1.44m–new
SAH SONIC AUTOMOTIVE INCConsumer Cyclical1.4%$94.2m3.48m+0.3%held
BERYEUR BERRY GLOBAL GROUP INC–1.4%$92.4m2.93m+41%added
B/E AEROSPACE INC no ticker–1.4%$92.2m1.59m–new
FNF FIDELITY NATIONAL FINANCIALFinancial Services1.4%$92.1m5.85m−9.4%reduced
HUM HUMANA INCHealthcare1.4%$91.6m637,766−46%reduced
GOOGLE INC no ticker–1.4%$90.7m172,365+150%added
ALLE ALLEGION PLCIndustrials1.3%$89.4m1.61m+214%added
BEN FRANKLIN RESOURCES INCFinancial Services1.3%$88.0m1.59m+1.4%added
AN AUTONATION INCConsumer Cyclical1.3%$87.7m1.45m−13%reduced
ICE INTERCONTINENTAL EXCHANGE INFinancial Services1.3%$87.2m397,434–new
EQIX EQUINIX INCReal Estate1.3%$87.1m384,227−40%reduced
FBIN FORTUNE BRANDS INNOVATIONS IIndustrials1.2%$81.8m1.81m+2.4%added
TIME WARNER CABLE INC no ticker–1.1%$75.4m496,092–new
CTRPUSD CTRIP COM INTL LTD–1.1%$75.1m1.65m+144%added
MGM MGM RESORTS INTERNATIONALConsumer Cyclical0.9%$57.7m2.70m–new
FLS FLOWSERVE CORPIndustrials0.9%$57.2m956,453–new
MLCO MELCO RESORTS AND ENTMNT LTDConsumer Cyclical0.8%$50.0m1.97m–new

Exited since Q3 2014

17 rows
TIBCO SOFTWARE INC no ticker3.2%$210m
VCA INC no ticker2.1%$133m
MADISON SQUARE GARDEN CO no ticker1.9%$121m
LEN LENNAR CORP1.8%$119m
CBS OUTDOOR AMERS INC no ticker1.7%$113m
ALLERGAN INC no ticker1.3%$83.0m
FISV FISERV INC1.3%$82.7m
FDX FEDEX CORP1.3%$82.2m
SIRONA DENTAL SYSTEMS INC no ticker1.2%$77.4m
CDNS CADENCE DESIGN SYSTEM INC1.2%$76.4m
URBN URBAN OUTFITTERS INC1.2%$75.0m
UTXZ UNITED TECHNOLOGIES CORP1.2%$74.5m
DG DOLLAR GEN CORP0.9%$60.3m
JANUS CAP GROUP INC no ticker0.8%$51.6m
LIBERTY INTERACTIVE CORP no ticker0.6%$36.0m
BRKR BRUKER CORP0.2%$15.4m
TRIBUNE PUBG CO no ticker0.06%$3.8m

Sector mix

  • Unclassified39.6%
  • Consumer Cyclical22.9%
  • Technology11.5%
  • Industrials7.3%
  • Financial Services6.4%
  • Healthcare5.2%
  • Real Estate2.9%
  • Consumer Defensive2.5%
  • Communication Services1.8%

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