WhaleCreep

Eminence Capital, LP 13F holdings, Q3 2016

Hedge fundSEC filingsCompare with another fundHoldings as of 2016-09-30, filed 2016-11-14

Eminence Capital, LP disclosed 43 US equity positions worth $6.0bn in its Q3 2016 13F filing. Its largest position is ADSK at 16.0% of the reported book, followed by HUM and ARRIS INTL INC. Versus Q2 2016 it opened 7 new positions, added to 19, reduced 11 and exited 8.

$6.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
43
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
16.0%
Largest position
The largest single position as a share of the reported equity book.
46.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
21
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 2016: 7 new, 19 added, 11 reduced, 8 exited

43 rows
ADSK AUTODESK INCTechnology16.0%$959m13.26m+0.5%held
HUM HUMANA INCHealthcare4.5%$272m1.54m+93%added
ARRIS INTL INC no ticker–3.6%$214m7.56m+12%added
ICE INTERCONTINENTAL EXCHANGE INFinancial Services3.6%$213m790,434−8.4%reduced
DNKN DUNKIN BRANDS GROUP INC–3.5%$208m3.99m–new
YAHOO INC no ticker–3.3%$196m4.54m+41%added
CALATLANTIC GROUP INC no ticker–3.2%$190m5.70m−2.4%reduced
BIDU BAIDU INCCommunication Services3.1%$184m1.01m−24%reduced
ZNGAEUR ZYNGA INC–2.8%$167m57.47m+3.4%added
PANDORA MEDIA INC no ticker–2.8%$166m11.60m−1.6%reduced
AN AUTONATION INCConsumer Cyclical2.7%$164m3.37m+0.5%added
INTERXION HOLDING N.V no ticker–2.7%$164m4.53m+0.1%held
SPGI S&P GLOBAL INCFinancial Services2.7%$162m1.28m−21%reduced
LEN LENNAR CORPConsumer Cyclical2.5%$152m3.60m+6.9%added
WEN The Wendy's CoConsumer Cyclical2.3%$140m12.97m+123%added
CF CF Industries Holdings IncBasic Materials2.2%$134m5.51m+1139%added
OPLN OPENLANE INCConsumer Cyclical2.2%$131m3.02m−1.0%reduced
USFD US FOODS HLDG CORPConsumer Defensive2.1%$129m5.45m+8.6%added
CBRE CBRE GROUP INCReal Estate2.1%$127m4.52m–new
ELV ELEVANCE HEALTH INCHealthcare2.1%$124m985,663+51%added
MSTR STRATEGY INCTechnology2.0%$122m726,762+1.2%added
G GENPACT LIMITEDTechnology2.0%$120m5.00m+10.0%added
TTWO TAKE-TWO INTERACTIVE SOFTWARCommunication Services2.0%$119m2.64m−31%reduced
FOREST CITY RLTY TR INC no ticker–2.0%$119m5.14m−14%reduced
GPI GROUP 1 AUTOMOTIVE INCConsumer Cyclical1.9%$116m1.81m+1.3%added
PTC PTC INCTechnology1.8%$108m2.43m−17%reduced
COCA-COLA EUROPACIFIC PARTNE no ticker–1.8%$108m2.70m−17%reduced
ABG ASBURY AUTOMOTIVE GROUP INCConsumer Cyclical1.7%$103m1.85m+1.9%added
LA QUINTA HLDGS INC no ticker–1.7%$102m9.10m+2.3%added
MS MORGAN STANLEYFinancial Services1.6%$96.9m3.02m+71%added
TLRDQ TAILORED BRANDS INC–1.6%$96.5m6.14m0.0%held
EXPE EXPEDIA GROUP INCConsumer Cyclical1.6%$93.4m799,813–new
CTRPUSD CTRIP COM INTL LTD–1.4%$85.6m1.84m–new
FTNT FORTINET INCTechnology1.3%$78.1m2.11m–new
FNF FIDELITY NATIONAL FINANCIALFinancial Services1.3%$77.1m6.18m+2.0%added
WWEUSD WORLD WRESTLING ENTMT INC–1.2%$73.1m3.43m+1.5%added
STZ CONSTELLATION BRANDS INCConsumer Defensive1.0%$62.3m374,054+0.1%held
BERYEUR BERRY GLOBAL GROUP INC–0.8%$46.0m1.05m−26%reduced
W WAYFAIR INCConsumer Cyclical0.4%$21.2m538,6140.0%held
VISN VISTANCE NETWORKS INCTechnology0.2%$14.4m477,000–new
VSAT VIASAT INCTechnology0.2%$14.1m189,044+0.2%held
JAXUSD J ALEXANDERS HLDGS INC–0.2%$13.0m1.28m+1.0%added
MENTOR GRAPHICS CORP no ticker–0.1%$6.2m234,900–new

Exited since Q2 2016

8 rows
MONSANTO CO NEW no ticker4.0%$196m
FOSL FOSSIL GROUP INC1.2%$61.0m
DLTR DOLLAR TREE INC1.1%$54.4m
TRIP TRIPADVISOR INC0.3%$16.1m
LIONS GATE ENTMNT CORP no ticker0.3%$13.8m
AMBA AMBARELLA INC0.2%$11.3m
SJM SMUCKER J M CO0.2%$10.6m
LINKEDIN CORP no ticker0.1%$6.8m

Sector mix

  • Unclassified32.6%
  • Technology23.6%
  • Consumer Cyclical15.4%
  • Financial Services9.2%
  • Healthcare6.6%
  • Communication Services5.1%
  • Consumer Defensive3.2%
  • Basic Materials2.2%
  • Real Estate2.1%

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