Ensemble Capital Management 13F holdings, Q4 2008
Holdings as of December 31, 2008 · filings on SEC EDGAR · latest filing →
Ensemble Capital Management disclosed 33 US equity positions worth $74.5m in its Q4 2008 13F filing. The largest position was CVS at 12.8% of the reported book, followed by SCHW and NUANCE COMMUNICATIONS INC. Against the Q3 2008 filing, it opened 2 new positions, added to 12 and reduced 18 among the top 33 holdings.
What did Ensemble Capital Management own in Q4 2008? Top 33 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2008 |
|---|---|---|---|---|---|---|---|
| 1 | CVS CVS CORP | Healthcare | 12.8% | $9.6m | 332,405 | -6% | reduced |
| 2 | SCHW SCHWAB CHARLES CORP NEW | Financial Services | 10.1% | $7.5m | 463,965 | -4% | reduced |
| 3 | NUANCE COMMUNICATIONS INC | 8.3% | $6.2m | 596,127 | 3% | added | |
| 4 | CSCO CISCO SYS INC | Technology | 7.5% | $5.6m | 345,158 | -19% | reduced |
| 5 | COST COSTCO WHSL CORP NEW | Consumer Defensive | 7.2% | $5.4m | 102,705 | -5% | reduced |
| 6 | PLUM CREEK TIMBER CO INC | 5.9% | $4.4m | 126,550 | 126% | added | |
| 7 | ORCL ORACLE CORP | Technology | 5.7% | $4.2m | 237,675 | -41% | reduced |
| 8 | DVN DEVON ENERGY CORP NEW | Energy | 5.4% | $4.0m | 61,375 | 7% | added |
| 9 | PEP PEPSICO INC | Consumer Defensive | 4.7% | $3.5m | 63,550 | 14% | added |
| 10 | ROCKWELL COLLINS INC | 3.1% | $2.3m | 59,785 | -19% | reduced | |
| 11 | ISHARES TR RUSSELL 3000 | 3.0% | $2.2m | 43,100 | 8% | added | |
| 12 | CHESAPEAKE ENERGY CORP | 2.9% | $2.2m | 134,150 | 8% | added | |
| 13 | NETEZZA CORP | 2.4% | $1.8m | 283,791 | 63% | added | |
| 14 | AAPL APPLE INC | Technology | 2.3% | $1.7m | 19,970 | -15% | reduced |
| 15 | NATUS MEDICAL INC DEL | 2.1% | $1.6m | 119,700 | 24% | added | |
| 16 | WFC WELLS FARGO & CO | Financial Services | 2.0% | $1.5m | 49,320 | -15% | reduced |
| 17 | UTXZ UNITED TECHNOLOGIES CORP | 1.8% | $1.3m | 25,090 | -63% | reduced | |
| 18 | CVX CHEVRON CORP NEW | Energy | 1.7% | $1.3m | 17,600 | -45% | reduced |
| 19 | FRONTIER COMMUNICATIONS CORP | 1.7% | $1.2m | 141,900 | -32% | reduced | |
| 20 | MA MASTERCARD INC | Financial Services | 1.2% | $858.0k | 6,000 | – | new |
| 21 | STAPLES INC | 1.1% | $798.0k | 44,550 | -76% | reduced | |
| 22 | EFA ISHARES TR MSCI EAFE IDX | 1.0% | $758.0k | 16,900 | 15% | added | |
| 23 | KKR FINL CORP | 0.9% | $636.0k | 402,361 | – | new | |
| 24 | PHARMACEUTICAL PROD DEV INC | 0.7% | $552.0k | 19,025 | 243% | added | |
| 25 | EMR EMERSON ELEC CO | Industrials | 0.7% | $495.0k | 13,525 | 14% | added |
| 26 | BBY BEST BUY INC | Consumer Cyclical | 0.6% | $454.0k | 16,145 | -35% | reduced |
| 27 | GE GENERAL ELECTRIC CO | Industrials | 0.6% | $443.0k | 27,361 | -24% | reduced |
| 28 | COP CONOCOPHILLIPS | Energy | 0.6% | $425.0k | 8,196 | -24% | reduced |
| 29 | LQD ISHARES TR IBOXX INV CPBD | 0.5% | $404.0k | 3,974 | 0% | held | |
| 30 | EEM ISHARES TR MSCI EMERG MKT | 0.5% | $387.0k | 15,500 | -10% | reduced | |
| 31 | EXMOC EXXON MOBIL CORP | 0.4% | $329.0k | 4,125 | 6% | added | |
| 32 | BAC BANK OF AMERICA CORPORATION | Financial Services | 0.4% | $296.0k | 21,030 | -13% | reduced |
| 33 | ECHELON CORP | 0.2% | $186.0k | 22,877 | -22% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.