WhaleCreep

Eminence Capital, LP 13F holdings, Q2 2020

Hedge fundSEC filingsCompare with another fundHoldings as of 2020-06-30, filed 2020-08-17

Eminence Capital, LP disclosed 71 US equity positions worth $7.7bn in its Q2 2020 13F filing. Its largest position is BERYEUR at 5.4% of the reported book, followed by ASH and NEWREUR. Versus Q1 2020 it opened 14 new positions, added to 24, reduced 32 and exited 42.

$7.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
71
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.4%
Largest position
The largest single position as a share of the reported equity book.
35.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
44
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 Q1 2020: 14 new, 24 added, 32 reduced, 42 exited

50 of 71
BERYEUR BERRY GLOBAL GROUP INC–5.4%$412m9.29m−25%reduced
ASH ASHLAND INCBasic Materials5.1%$389m5.64m0.0%held
NEWREUR NEW RELIC INC–4.2%$320m4.64m+21%added
DD DUPONT DE NEMOURS INCBasic Materials3.9%$301m5.67m+143%added
NUANEUR NUANCE COMMUNICATIONS INC–3.4%$265m10.48m+257%added
MIC2EUR MACQUARIE INFRASTRUCTURE COR–3.1%$239m7.80m+193%added
RP REALPAGE INC–2.7%$211m3.24m−6.4%reduced
CPRI CAPRI HOLDINGS LIMITEDConsumer Cyclical2.5%$192m12.28m−11%reduced
LIBERTY MEDIA CORP DEL no ticker–2.4%$186m5.86m−28%reduced
CHNGUSD CHANGE HEALTHCARE INC–2.3%$179m15.99m+68%added
USFD US FOODS HLDG CORPConsumer Defensive2.3%$179m9.06m−17%reduced
BABA ALIBABA GROUP HLDG LTDConsumer Cyclical2.3%$179m827,696+34%added
CTVA CORTEVA INCBasic Materials2.2%$173m6.45m−0.5%reduced
VRT VERTIV HOLDINGS COIndustrials2.2%$173m12.74m−28%reduced
P EVERPURE INCTechnology1.9%$147m8.46m−40%reduced
LKQ LKQ CORPConsumer Cyclical1.8%$141m5.39m+129%added
MS MORGAN STANLEYFinancial Services1.8%$139m2.88m−37%reduced
HDSUSD HD SUPPLY HLDGS INC–1.8%$139m4.00m−17%reduced
LEN LENNAR CORPConsumer Cyclical1.8%$138m2.25m−46%reduced
SCHW SCHWAB CHARLES CORPFinancial Services1.8%$138m4.09m−7.9%reduced
SGI SOMNIGROUP INTERNATIONAL INCConsumer Cyclical1.8%$137m1.91m+67%added
RHP RYMAN HOSPITALITY PPTYS INCReal Estate1.7%$133m3.83m+109%added
JPM JPMORGAN CHASE & COFinancial Services1.7%$132m1.40m+184%added
Z ZILLOW GROUP INCCommunication Services1.7%$128m2.21m−50%reduced
PINS PINTEREST INCCommunication Services1.7%$127m5.73m−28%reduced
SEE1GBP SEALED AIR CORP NEW–1.6%$126m3.83m+25%added
PANW PALO ALTO NETWORKS INCTechnology1.6%$124m540,362+1.5%added
CFG CITIZENS FINL GROUP INCFinancial Services1.5%$114m4.54m−4.9%reduced
QSR RESTAURANT BRANDS INTL INCConsumer Cyclical1.4%$112m2.04m−38%reduced
IQV IQVIA HLDGS INCHealthcare1.4%$110m771,912−15%reduced
GDDY GODADDY INCTechnology1.3%$99.7m1.36m−36%reduced
EXK EXACT SCIENCES CORPBasic Materials1.3%$99.2m1.14m+237%added
CNC CENTENE CORP DELHealthcare1.3%$99.0m1.56m+21%added
CI THE CIGNA GROUPHealthcare1.3%$97.4m518,915−28%reduced
SPOT SPOTIFY TECHNOLOGY S ACommunication Services1.2%$92.3m357,386−67%reduced
OUT OUTFRONT MEDIA INCReal Estate1.2%$89.7m6.33m+74%added
GPI GROUP 1 AUTOMOTIVE INCConsumer Cyclical1.1%$87.3m1.32m−16%reduced
DHI D R HORTON INCConsumer Cyclical1.1%$84.4m1.52m−44%reduced
AVTR AVANTOR INCHealthcare1.1%$81.9m4.82m−19%reduced
SHAK SHAKE SHACK INCConsumer Cyclical1.0%$80.0m1.51m−42%reduced
UBER UBER TECHNOLOGIES INCTechnology1.0%$80.0m2.57m−52%reduced
SSNC SS&C TECHNOLOGIES HLDGS INCTechnology1.0%$79.6m1.41m−4.9%reduced
RJF RAYMOND JAMES FINANCIAL INCFinancial Services1.0%$79.2m1.15m−43%reduced
WWEUSD WORLD WRESTLING ENTMT INC–1.0%$78.2m1.80m+7.6%added
VVV VALVOLINE INCConsumer Cyclical0.9%$68.5m3.54m–new
GPK GRAPHIC PACKAGING HLDG COConsumer Cyclical0.8%$58.7m4.19m–new
RRR RED ROCK RESORTS INCConsumer Cyclical0.7%$56.6m5.19m+120%added
FIS FIDELITY NATL INFORMATION SVTechnology0.7%$54.6m407,524+11%added
AXALTA COATING SYS LTD no ticker–0.7%$53.9m2.39m+11%added
RCL ROYAL CARIBBEAN CRUISES LTDConsumer Cyclical0.7%$52.0m1.03m−83%reduced

Exited since Q1 2020

42 rows
GLD SPDR GOLD TRUST2.0%$160m
VMC VULCAN MATLS CO1.8%$148m
ARCPEUR VEREIT INC1.6%$127m
GOOG ALPHABET INC1.5%$119m
BSX BOSTON SCIENTIFIC CORP1.2%$101m
CF CF Industries Holdings Inc1.2%$97.7m
HAE HAEMONETICS CORP1.0%$84.4m
MAR MARRIOTT INTL INC NEW1.0%$82.6m
ICE INTERCONTINENTAL EXCHANGE IN1.0%$81.1m
BKNG BOOKING HOLDINGS INC1.0%$80.0m
CSOD CORNERSTONE ONDEMAND INC1.0%$79.8m
MGM MGM RESORTS INTERNATIONAL0.9%$74.5m
WYNN WYNN RESORTS LTD0.9%$71.1m
PTON PELOTON INTERACTIVE INC0.8%$69.4m
COTY COTY INC0.8%$67.1m
NTNX NUTANIX INC0.7%$58.3m
ARMK ARAMARK0.7%$58.2m
MPC Marathon Petroleum Corp0.6%$49.8m
BAC BANK OF AMER CORP0.6%$45.7m
AXP AMERICAN EXPRESS CO0.5%$43.1m
LYV LIVE NATION ENTERTAINMENT IN0.5%$40.9m
PFGC PERFORMANCE FOOD GROUP CO0.4%$36.3m
HUM HUMANA INC0.4%$35.4m
COF CAPITAL ONE FINL CORP0.4%$33.9m
COLFAX CORP no ticker0.4%$29.6m
GLPI GAMING & LEISURE P0.4%$29.1m
PENN PENN ENTERTAINMENT INC0.3%$27.5m
APLE APPLE HOSPITALITY REIT INC0.3%$26.1m
MTN VAIL RESORTS INC0.3%$24.7m
AN AUTONATION INC0.3%$24.5m
SYF SYNCHRONY FINANCIAL0.3%$24.2m
ARNCCHF ARCONIC INC0.3%$23.7m
SABR SABRE CORP0.3%$23.6m
ALLY ALLY FINL INC0.3%$22.7m
LAD LITHIA MTRS INC0.3%$22.3m
ALGN ALIGN TECHNOLOGY INC0.2%$19.6m
SPY SPDR S&P 500 ETF Trust0.2%$17.3m
AVBC AVALONBAY CMNTYS INC0.2%$16.5m
VYX NCR VOYIX CORPORATION0.2%$16.3m
BYD BOYD GAMING CORP0.1%$10.5m
MLCO MELCO RESORTS AND ENTMNT LTD0.08%$6.3m
BECNUSD BEACON ROOFING SUPPLY INC0.04%$3.4m

Sector mix

  • Unclassified29.1%
  • Consumer Cyclical20.2%
  • Basic Materials12.5%
  • Financial Services8.5%
  • Technology7.6%
  • Healthcare7.1%
  • Communication Services5.3%
  • Real Estate4.6%
  • Consumer Defensive2.8%
  • Industrials2.2%

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