WhaleCreep

Eminence Capital, LP 13F holdings, Q3 2021

Hedge fundSEC filingsCompare with another fundHoldings as of 2021-09-30, filed 2021-11-15

Eminence Capital, LP disclosed 62 US equity positions worth $7.3bn in its Q3 2021 13F filing. Its largest position is ASH at 4.9% of the reported book, followed by NEWREUR and WSC. Versus Q2 2021 it opened 14 new positions, added to 19, reduced 28 and exited 21.

$7.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
62
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
4.9%
Largest position
The largest single position as a share of the reported equity book.
34.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
43
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 2021: 14 new, 19 added, 28 reduced, 21 exited

50 of 62
ASH ASHLAND INCBasic Materials4.9%$360m4.04m0.0%held
NEWREUR NEW RELIC INC–4.6%$334m4.65m−6.7%reduced
WSC WILLSCOT HLDGS CORPIndustrials3.7%$271m8.54m−2.7%reduced
BERYEUR BERRY GLOBAL GROUP INC–3.5%$256m4.21m−6.6%reduced
CRM SALESFORCE INCTechnology3.4%$251m925,351−8.4%reduced
RRR RED ROCK RESORTS INCConsumer Cyclical3.0%$222m4.33m−12%reduced
P EVERPURE INCTechnology2.9%$215m8.54m+9.1%added
UBER UBER TECHNOLOGIES INCTechnology2.7%$199m4.44m+2.6%added
EXPE EXPEDIA GROUP INCConsumer Cyclical2.7%$198m1.21m−11%reduced
CTVA CORTEVA INCBasic Materials2.5%$186m4.41m−38%reduced
ETWOGBP E2OPEN PARENT HOLDINGS INC–2.5%$183m16.17m+75%added
SGI SOMNIGROUP INTERNATIONAL INCConsumer Cyclical2.5%$179m3.87m−23%reduced
LIBERTY MEDIA CORP DEL no ticker–2.4%$176m3.43m−14%reduced
GOOG ALPHABET INCCommunication Services2.4%$176m66,067−2.3%reduced
GPI GROUP 1 AUTOMOTIVE INCConsumer Cyclical2.4%$175m930,897−13%reduced
Z ZILLOW GROUP INCCommunication Services2.4%$172m1.96m+47%added
COLFAX CORP no ticker–2.3%$170m3.70m−9.7%reduced
PLANUSD ANAPLAN INC–2.2%$164m2.70m–new
WTW WILLIS TOWERS WATSON PLC LTDFinancial Services2.1%$155m665,409–new
PANW PALO ALTO NETWORKS INCTechnology2.1%$152m318,319−16%reduced
GPK GRAPHIC PACKAGING HLDG COConsumer Cyclical2.0%$144m7.57m+139%added
PEGA PEGASYSTEMS INCTechnology2.0%$143m1.12m+44%added
AMZN AMAZON COM INCConsumer Cyclical1.9%$142m43,127−32%reduced
LIVN LIVANOVA PLCHealthcare1.9%$139m1.75m+5.9%added
NICE NICE LTDTechnology1.9%$136m479,025−29%reduced
EXK EXACT SCIENCES CORPBasic Materials1.8%$135m1.41m+29%added
MLCO MELCO RESORTS AND ENTMNT LTDConsumer Cyclical1.8%$131m12.75m+33%added
INTU INTUITTechnology1.7%$125m232,298−27%reduced
PFGC PERFORMANCE FOOD GROUP COConsumer Defensive1.6%$118m2.54m+197%added
SAILEUR SAILPOINT TECHNOLOGIES HLDGS–1.5%$107m2.50m+2.7%added
SSNC SS&C TECHNOLOGIES HLDGS INCTechnology1.4%$102m1.47m+0.8%added
99803EUR LABORATORY CORP AMER HLDGS–1.4%$100m355,934–new
AAP ADVANCE AUTO PARTS INCConsumer Cyclical1.4%$99.3m475,571−51%reduced
MS MORGAN STANLEYFinancial Services1.4%$99.3m1.02m−57%reduced
GDDY GODADDY INCTechnology1.4%$99.1m1.42m+2.5%added
IQV IQVIA HLDGS INCHealthcare1.3%$97.6m407,409+1.0%added
LEN LENNAR CORPConsumer Cyclical1.3%$95.5m1.02m+14%added
DNB DUN & BRADSTREET HLDGS INC–1.2%$90.9m5.40m−41%reduced
BLDR BUILDERS FIRSTSOURCE INCIndustrials1.1%$82.3m1.59m−49%reduced
CAREMAX INC no ticker–1.1%$80.1m8.29m+75%added
DOMA HOLDINGS INC no ticker–1.0%$73.4m9.92m–new
CF CF Industries Holdings IncBasic Materials1.0%$70.1m1.26m–new
ABG ASBURY AUTOMOTIVE GROUP INCConsumer Cyclical0.9%$65.9m335,096−4.5%reduced
FIS FIDELITY NATL INFORMATION SVTechnology0.9%$65.8m540,436+31%added
RADIGUSD RADIUS GLOBAL INFRASTRCTRE I–0.7%$53.2m3.26m−9.0%reduced
UAA UNDER ARMOUR INCConsumer Cyclical0.7%$52.6m2.61m–new
CANO HEALTH INC no ticker–0.7%$49.3m3.88m−5.5%reduced
TOL TOLL BROTHERS INCConsumer Cyclical0.7%$48.8m882,409−5.3%reduced
MSOS ADVISORSHARES TR–0.6%$44.2m1.40m–new
MA MASTERCARD INCFinancial Services0.6%$42.9m123,472−14%reduced

Exited since Q2 2021

21 rows
BABA ALIBABA GROUP HLDG LTD1.8%$145m
AN AUTONATION INC1.5%$122m
WBA WALGREENS BOOTS ALLIANCE INC1.4%$113m
OTIS OTIS WORLDWIDE CORP1.2%$96.7m
NSTGEUR NANOSTRING TECHNOLOGIES INC1.2%$94.0m
CNC CENTENE CORP DEL1.2%$93.6m
CHTR CHARTER COMMUNICATIONS INC1.1%$86.3m
AUSTERLITZ ACQUISITION CORP II no ticker0.9%$69.9m
CI THE CIGNA GROUP0.7%$59.2m
ELV ELEVANCE HEALTH INC0.7%$53.8m
LKQ LKQ CORP0.6%$48.4m
CVNA CARVANA CO0.5%$44.4m
USFD US FOODS HLDG CORP0.5%$41.4m
SENIOR CONNECT ACQUISITN CORP I no ticker0.4%$32.5m
META META PLATFORMS INC0.3%$27.8m
ASO ACADEMY SPORTS & OUTDOORS IN0.3%$24.3m
FIFTH WALL ACQUISITION CORP I no ticker0.3%$21.0m
NUANEUR NUANCE COMMUNICATIONS INC0.2%$14.8m
MIC2EUR MACQUARIE INFRASTRUCTURE COR0.1%$10.3m
AUSTERLITZ ACQUISITION CORP II no ticker0.03%$2.2m
SENIOR CONNECT ACQUISITN CORP I no ticker0.02%$1.4m

Sector mix

  • Unclassified27.1%
  • Consumer Cyclical22.4%
  • Technology21.0%
  • Basic Materials10.3%
  • Industrials4.8%
  • Communication Services4.8%
  • Financial Services4.1%
  • Healthcare4.0%
  • Consumer Defensive1.6%

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