WhaleCreep

Eminence Capital, LP 13F holdings, Q1 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-03-31, filed 2020-05-15

Eminence Capital, LP disclosed 99 US equity positions worth $8.2bn in its Q1 2020 13F filing. Its largest position is BERYEUR at 5.1% of the reported book, followed by ASH and LIBERTY MEDIA CORP DEL. Versus Q4 2019 it opened 57 new positions, added to 25, reduced 16 and exited 14.

$8.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
99
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.1%
Largest position
The largest single position as a share of the reported equity book.
26.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
61
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 2019: 57 new, 25 added, 16 reduced, 14 exited

50 of 99
BERYEUR BERRY GLOBAL GROUP INC–5.1%$419m12.42m+4.9%added
ASH ASHLAND INCBasic Materials3.5%$282m5.64m+0.1%held
LIBERTY MEDIA CORP DEL no ticker–2.7%$220m8.08m−4.8%reduced
RCL ROYAL CARIBBEAN CRUISES LTDConsumer Cyclical2.4%$199m6.18m+446%added
USFD US FOODS HLDG CORPConsumer Defensive2.4%$193m10.89m+82%added
RP REALPAGE INC–2.2%$183m3.46m−8.7%reduced
NEWREUR NEW RELIC INC–2.2%$177m3.83m+52%added
P EVERPURE INCTechnology2.1%$174m14.18m+35%added
GLD SPDR GOLD TRUST–2.0%$160m1.08m–new
LEN LENNAR CORPConsumer Cyclical1.9%$159m4.15m+49%added
Z ZILLOW GROUP INCCommunication Services1.9%$158m4.39m+36%added
MS MORGAN STANLEYFinancial Services1.9%$156m4.59m+170%added
VRT VERTIV HOLDINGS COIndustrials1.9%$154m17.79m–new
CTVA CORTEVA INCBasic Materials1.9%$152m6.48m−4.1%reduced
UBER UBER TECHNOLOGIES INCTechnology1.8%$151m5.40m+21%added
SCHW SCHWAB CHARLES CORPFinancial Services1.8%$149m4.44m−24%reduced
CPRI CAPRI HOLDINGS LIMITEDConsumer Cyclical1.8%$149m13.81m+9.3%added
VMC VULCAN MATLS COBasic Materials1.8%$148m1.37m+26%added
HDSUSD HD SUPPLY HLDGS INC–1.7%$136m4.80m–new
QSR RESTAURANT BRANDS INTL INCConsumer Cyclical1.6%$132m3.29m–new
SPOT SPOTIFY TECHNOLOGY S ACommunication Services1.6%$131m1.08m+17%added
CI THE CIGNA GROUPHealthcare1.6%$128m720,277−30%reduced
ARCPEUR VEREIT INC–1.6%$127m25.91m+86%added
RJF RAYMOND JAMES FINANCIAL INCFinancial Services1.5%$127m2.00m−12%reduced
PINS PINTEREST INCCommunication Services1.5%$123m7.98m+89%added
GDDY GODADDY INCTechnology1.5%$121m2.11m−47%reduced
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical1.5%$121m619,730−57%reduced
GOOG ALPHABET INCCommunication Services1.5%$119m102,448−20%reduced
BSX BOSTON SCIENTIFIC CORPHealthcare1.2%$101m3.10m+0.6%added
IQV IQVIA HLDGS INCHealthcare1.2%$98.5m913,457−20%reduced
SHAK SHAKE SHACK INCConsumer Cyclical1.2%$97.9m2.59m+138%added
CF CF Industries Holdings IncBasic Materials1.2%$97.7m3.59m−3.1%reduced
CHNGUSD CHANGE HEALTHCARE INC–1.2%$95.3m9.54m–new
DHI D R HORTON INCConsumer Cyclical1.1%$92.5m2.72m+127%added
CFG CITIZENS FINL GROUP INCFinancial Services1.1%$89.7m4.77m+30%added
PANW PALO ALTO NETWORKS INCTechnology1.1%$87.3m532,246–new
HAE HAEMONETICS CORPHealthcare1.0%$84.4m847,328+192%added
MAR MARRIOTT INTL INC NEWConsumer Cyclical1.0%$82.6m1.10m–new
ICE INTERCONTINENTAL EXCHANGE INFinancial Services1.0%$81.1m1.00m−36%reduced
BKNG BOOKING HOLDINGS INCConsumer Cyclical1.0%$80.0m59,452–new
CSOD CORNERSTONE ONDEMAND INC–1.0%$79.8m2.51m+12%added
DD DUPONT DE NEMOURS INCBasic Materials1.0%$79.7m2.34m–new
CNC CENTENE CORP DELHealthcare0.9%$76.5m1.29m−40%reduced
SEE1GBP SEALED AIR CORP NEW–0.9%$75.7m3.06m–new
MGM MGM RESORTS INTERNATIONALConsumer Cyclical0.9%$74.5m6.31m–new
AVTR AVANTOR INCHealthcare0.9%$73.9m5.92m+538%added
VTR VENTAS INCReal Estate0.9%$71.6m2.67m–new
WYNN WYNN RESORTS LTDConsumer Cyclical0.9%$71.1m1.18m–new
GPI GROUP 1 AUTOMOTIVE INCConsumer Cyclical0.9%$69.8m1.58m+73%added
PTON PELOTON INTERACTIVE INCConsumer Cyclical0.8%$69.4m2.61m+1.5%added

Exited since Q4 2019

14 rows
PGR PROGRESSIVE CORP2.0%$175m
EA ELECTRONIC ARTS INC2.0%$175m
TTWO TAKE-TWO INTERACTIVE SOFTWAR1.7%$153m
MNST MONSTER BEVERAGE CORP NEW1.6%$144m
PYPL PAYPAL HLDGS INC1.6%$139m
DPZ DOMINOS PIZZA INC1.4%$123m
WW6 WW INTL INC1.3%$115m
LBEUR L BRANDS INC1.2%$106m
NVST ENVISTA HOLDINGS CORPORATION1.0%$90.0m
EQIX EQUINIX INC1.0%$88.2m
INTERXION HOLDING N.V no ticker0.9%$76.2m
BJ BJS WHSL CLUB HLDGS INC0.5%$45.8m
PCG PG&E CORP0.5%$45.4m
NFLX NETFLIX INC.0.3%$21.9m

Sector mix

  • Unclassified24.0%
  • Consumer Cyclical21.2%
  • Financial Services10.6%
  • Basic Materials9.5%
  • Technology9.1%
  • Healthcare7.8%
  • Communication Services7.3%
  • Consumer Defensive3.6%
  • Real Estate3.6%
  • Industrials2.6%
  • Energy0.6%

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