WhaleCreep

Eminence Capital, LP 13F holdings, Q3 2019

Hedge fundSEC filingsCompare with another fundHoldings as of 2019-09-30, filed 2019-11-14

Eminence Capital, LP disclosed 53 US equity positions worth $7.9bn in its Q3 2019 13F filing. Its largest position is BERYEUR at 6.2% of the reported book, followed by CPRI and ASH. Versus Q2 2019 it opened 13 new positions, added to 13, reduced 27 and exited 6.

$7.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
53
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.2%
Largest position
The largest single position as a share of the reported equity book.
39.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
37
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 2019: 13 new, 13 added, 27 reduced, 6 exited

50 of 53
BERYEUR BERRY GLOBAL GROUP INC–6.2%$490m12.48m+1.6%added
CPRI CAPRI HOLDINGS LIMITEDConsumer Cyclical5.7%$450m13.57m+50%added
ASH ASHLAND INCBasic Materials5.1%$402m5.22m+0.9%added
LIBERTY MEDIA CORP DEL no ticker–4.7%$372m8.93m−0.6%reduced
SCHW SCHWAB CHARLES CORPFinancial Services3.7%$294m7.04m+35%added
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical3.1%$248m1.48m−3.5%reduced
GOOG ALPHABET INCCommunication Services2.8%$226m185,044−5.8%reduced
ICE INTERCONTINENTAL EXCHANGE INFinancial Services2.7%$215m2.33m−8.0%reduced
LEN LENNAR CORPConsumer Cyclical2.6%$207m3.70m−25%reduced
RCL ROYAL CARIBBEAN CRUISES LTDConsumer Cyclical2.5%$202m1.87m+26%added
GDDY GODADDY INCTechnology2.5%$201m3.05m+106%added
IQV IQVIA HLDGS INCHealthcare2.5%$194m1.30m−1.3%reduced
CF CF Industries Holdings IncBasic Materials2.4%$192m3.90m−13%reduced
TTWO TAKE-TWO INTERACTIVE SOFTWARCommunication Services2.2%$176m1.40m−18%reduced
VMC VULCAN MATLS COBasic Materials2.2%$172m1.14m−26%reduced
RJF RAYMOND JAMES FINANCIAL INCFinancial Services2.1%$165m2.00m–new
WW6 WW INTL INC–2.1%$163m4.30m–new
CI THE CIGNA GROUPHealthcare2.0%$161m1.06m–new
RP REALPAGE INC–2.0%$159m2.53m−1.5%reduced
NTNX NUTANIX INCTechnology1.8%$142m5.40m+41%added
DPZ DOMINOS PIZZA INCConsumer Cyclical1.8%$141m577,630–new
ARCPEUR VEREIT INC–1.8%$141m14.43m+34%added
P EVERPURE INCTechnology1.8%$140m8.27m−23%reduced
TMO THERMO FISHER SCIENTIFIC INCHealthcare1.7%$138m475,338+33%added
CFG CITIZENS FINL GROUP INCFinancial Services1.7%$137m3.87m+56%added
MS MORGAN STANLEYFinancial Services1.7%$136m3.19m−1.5%reduced
USFD US FOODS HLDG CORPConsumer Defensive1.7%$135m3.29m−51%reduced
EA ELECTRONIC ARTS INCCommunication Services1.7%$132m1.35m−1.5%reduced
BSX BOSTON SCIENTIFIC CORPHealthcare1.7%$132m3.24m−1.6%reduced
PCG PG&E CORPUtilities1.6%$129m12.92m+62%added
SPOT SPOTIFY TECHNOLOGY S ACommunication Services1.6%$127m1.11m+90%added
AXP AMERICAN EXPRESS COFinancial Services1.6%$125m1.06m+258%added
EQIX EQUINIX INCReal Estate1.4%$109m188,257−44%reduced
PTON PELOTON INTERACTIVE INCConsumer Cyclical1.3%$105m4.19m–new
SYY SYSCO CORPConsumer Defensive1.3%$103m1.30m−36%reduced
INTERXION HOLDING N.V no ticker–1.3%$103m1.26m−34%reduced
MNST MONSTER BEVERAGE CORP NEWConsumer Defensive1.3%$99.8m1.72m–new
CSOD CORNERSTONE ONDEMAND INC–1.2%$99.0m1.81m–new
CNC CENTENE CORP DELHealthcare1.2%$94.4m2.18m−16%reduced
GPI GROUP 1 AUTOMOTIVE INCConsumer Cyclical1.1%$89.8m972,978−2.2%reduced
PYPL PAYPAL HLDGS INCFinancial Services1.1%$88.7m856,431−1.5%reduced
DHI D R HORTON INCConsumer Cyclical1.1%$87.3m1.66m−30%reduced
CTVA CORTEVA INCBasic Materials1.0%$79.0m2.82m–new
Z ZILLOW GROUP INCCommunication Services1.0%$77.1m2.58m–new
NUVAGBP NUVASIVE INC–0.9%$72.4m1.14m−4.6%reduced
ULTA ULTA BEAUTY INCConsumer Cyclical0.8%$67.0m267,504–new
MDLZ MONDELEZ INTL INCConsumer Defensive0.7%$54.9m992,515–new
PM PHILIP MORRIS INTL INCConsumer Defensive0.7%$53.3m701,692–new
HAE HAEMONETICS CORPHealthcare0.5%$37.7m298,706−66%reduced
ABG ASBURY AUTOMOTIVE GROUP INCConsumer Cyclical0.4%$29.4m287,336−8.6%reduced

Exited since Q2 2019

6 rows
TSN TYSON FOODS INC3.6%$269m
MIDD MIDDLEBY CORP2.3%$173m
GPK GRAPHIC PACKAGING HLDG CO1.6%$119m
WTWEUR WEIGHT WATCHERS INTL INC NEW1.1%$83.4m
LIBERTY GLOBAL PLC no ticker0.2%$14.1m
BID1EUR SOTHEBYS0.2%$12.9m

Sector mix

  • Consumer Cyclical20.5%
  • Unclassified20.2%
  • Financial Services14.6%
  • Basic Materials10.7%
  • Healthcare9.6%
  • Communication Services9.3%
  • Technology6.4%
  • Consumer Defensive5.7%
  • Utilities1.6%
  • Real Estate1.4%

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