WhaleCreep

Findlay Park Partners 13F holdings, Q3 2008

Long-only investorSEC filingsCompare with another fundHoldings as of 2008-09-30, filed 2008-11-07

Findlay Park Partners disclosed 112 US equity positions worth $1.7bn in its Q3 2008 13F filing. Its largest position is MTD at 4.2% of the reported book, followed by Watson Wyatt Worldwide Inc and American Tower Corp. Versus Q2 2008 it opened 28 new positions, added to 25, reduced 38 and exited 20.

$1.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
112
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
4.2%
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.
52
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
82
Quarters on file since Q4 2005
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2008: 28 new, 25 added, 38 reduced, 20 exited

50 of 112
MTD METTLER TOLEDO INTERNATIONALHealthcare4.2%$72.7m742,250+4.7%added
Watson Wyatt Worldwide Inc no ticker–4.0%$69.0m1.39m−3.0%reduced
American Tower Corp no ticker–4.0%$69.0m1.92m+31%added
RVTY REVVITY INCHealthcare3.7%$64.1m2.57m+15%added
CVA1EUR COVANTA HLDG CORP–3.7%$63.0m2.63m+28%added
AIRGAS INC no ticker–3.3%$57.7m1.16m−12%reduced
RSG REPUBLIC SVCS INCIndustrials3.1%$52.7m1.76m0.0%held
XLP SELECT SECTOR SPDR TR–2.7%$46.4m1.68m–new
CANADIAN PAC RY LTD no ticker–2.7%$46.1m856,000+29%added
XLY SELECT SECTOR SPDR TR–2.6%$44.4m1.59m–new
UNP UNION PACIFIC CORPIndustrials2.5%$43.9m616,4500.0%held
NATIONAL INSTRS CORP no ticker–2.3%$40.1m1.34m+35%added
Reinsurance Group Amer Inc no ticker–2.0%$34.4m636,500+91%added
DOX AMDOCS LTDTechnology1.9%$33.1m1.21m+6.7%added
IMS Health Inc no ticker–1.8%$31.6m1.67m+6.0%added
WCN WASTE CONNECTIONS INCIndustrials1.7%$29.9m872,6000.0%held
99803EUR LABORATORY CORP AMER HLDGS–1.7%$28.8m415,000−8.4%reduced
HCC INS HLDGS INC no ticker–1.6%$28.1m1.04m−14%reduced
WU WESTERN UN COFinancial Services1.6%$26.9m1.09m+79%added
BROOKFIELD ASSET MGMT INC no ticker–1.5%$26.5m967,225−37%reduced
DEVRY ED GROUP INC no ticker–1.4%$24.5m494,000–new
K V Pharmaceutical Co no ticker–1.4%$24.3m1.07m−13%reduced
CSGP COSTAR GROUP INCReal Estate1.4%$23.5m516,800−9.8%reduced
TV GRUPO TELEVISA S A BCommunication Services1.3%$22.5m1.03m+3.5%added
SIVBEUR SVB FINANCIAL GROUP–1.2%$21.2m366,550−56%reduced
NICE NICE LTDTechnology1.2%$21.2m777,000–new
SYY SYSCO CORPConsumer Defensive1.2%$21.1m684,000–new
DRCEUR DRESSER-RAND GROUP INC–1.2%$20.3m646,000+42%added
BR BROADRIDGE FINL SOLUTIONS INTechnology1.2%$19.9m1.30m0.0%held
HP HELMERICH & PAYNE INCEnergy1.0%$17.5m405,500−17%reduced
1987351D ACE LTD–1.0%$17.4m322,000–new
GPN GLOBAL PMTS INCIndustrials1.0%$17.0m380,000–new
DENTSPLY INTL INC NEW no ticker–1.0%$16.6m441,7400.0%held
PREJF PARTNERRE LTDFinancial Services0.9%$15.8m232,000–new
HSIC HENRY SCHEIN INCHealthcare0.9%$15.3m285,000+25%added
ARW ARROW ELECTRS INCTechnology0.9%$15.2m579,5000.0%held
KMB KIMBERLY-CLARK CORPConsumer Defensive0.9%$14.8m228,000–new
Berkshire Hathaway Inc Del no ticker–0.8%$14.4m3,280–new
MDPUSD MEREDITH CORP–0.8%$14.4m512,500+13%added
DUN & BRADSTREET CORP DEL NE no ticker–0.8%$14.3m152,000–new
OMAB GRUPO AEROPORTUARIO DEL CENTIndustrials0.8%$13.8m1.15m−18%reduced
ATO ATMOS ENERGY CORPUtilities0.8%$13.6m510,000−18%reduced
Wesco Finl Corp no ticker–0.8%$13.4m37,4100.0%held
CSX CSX CORPIndustrials0.8%$13.2m242,2000.0%held
SLGN SILGAN HLDGS INCConsumer Cyclical0.7%$12.6m247,000+19%added
SEACOR HOLDINGS INC no ticker–0.7%$12.5m158,600−58%reduced
COUSINS PPTYS INC no ticker–0.7%$12.1m480,700−35%reduced
Assisted Living Concpt Nev N no ticker–0.7%$12.0m1.88m+16%added
TTC TORO COIndustrials0.7%$11.8m285,000–new
YUSD ALLEGHANY CORP DEL–0.7%$11.6m31,8580.0%held

Exited since Q2 2008

20 rows
MDU MDU RES GROUP INC1.1%$19.9m
INFINITY PPTY & CAS CORP no ticker1.0%$18.2m
King Pharmaceuticals Inc no ticker0.9%$16.3m
FLIR FLIR SYS INC0.9%$14.8m
SCI SERVICE CORP INTL0.8%$14.6m
PAC GRUPO AEROPORTUNARIO DEL PAC0.4%$7.1m
CROWN CASTLE INTL CORP no ticker0.3%$5.8m
AMG AFFILIATED MANAGERS GROUP0.3%$5.3m
Wilmington Trust Corp no ticker0.3%$5.3m
FCN FTI CONSULTING INC0.3%$5.2m
Global Inds Ltd no ticker0.2%$4.1m
KEX KIRBY CORP0.2%$4.0m
CLH CLEAN HARBORS INC0.2%$3.4m
KSUEUR KANSAS CITY SOUTHERN0.2%$2.9m
VMC VULCAN MATLS CO0.2%$2.9m
BKD BROOKDALE SR LIVING INC0.1%$2.1m
CHC Helicopter Corp no ticker0.1%$2.1m
Corp N no ticker0.08%$1.5m
GENERAL CABLE CORP DEL NEW no ticker0.05%$821k
CITY NATL CORP no ticker0.05%$799k

Sector mix

  • Unclassified57.3%
  • Industrials13.5%
  • Healthcare8.8%
  • Technology6.0%
  • Financial Services3.6%
  • Consumer Defensive2.2%
  • Consumer Cyclical1.9%
  • Energy1.6%
  • Real Estate1.5%
  • Utilities1.3%
  • Communication Services1.3%
  • Basic Materials0.9%

Book over time

Every quarter on file (82)
QuarterPositionsEquity book
Q2 202648$7.4bn
Q1 202655$7.2bn
Q4 202556$7.8bn
Q3 202557$9.5bn
Q2 202557$9.7bn
Q1 202558$9.7bn
Q4 202459$10.1bn
Q3 202459$10.6bn
Q2 202456$10.6bn
Q1 202456$10.9bn
Q4 202358$10.2bn
Q3 202360$9.3bn
Q2 202359$9.7bn
Q1 202356$9.5bn
Q4 202247$9.2bn
Q3 202240$10.1bn
Q2 202239$10.7bn
Q1 202242$13.2bn
Q4 202145$15.0bn
Q3 202148$14.5bn
Q2 202152$14.7bn
Q1 202151$14.4bn
Q4 202045$14.4bn
Q3 202043$14.5bn
Q2 202048$12.8bn
Q1 202048$10.4bn
Q4 201952$12.8bn
Q3 201946$11.4bn
Q2 201945$11.2bn
Q1 201945$10.9bn
Q4 201848$10.5bn
Q3 201847$11.3bn
Q2 201846$10.4bn
Q1 201855$10.0bn
Q4 201758$10.5bn
Q3 201761$10.1bn
Q2 201757$9.8bn
Q1 201761$9.4bn
Q4 201660$8.2bn
Q3 201658$8.6bn
Q2 201658$8.7bn
Q1 201659$8.8bn
Q4 201566$8.8bn
Q3 201575$9.0bn
Q2 201587$9.8bn
Q1 201595$9.6bn
Q4 2014108$9.3bn
Q3 2014105$9.3bn
Q2 2014106$9.6bn
Q1 2014111$8.8bn
Q4 2013128$9.0bn
Q3 2013129$8.2bn
Q2 2013130$7.8bn
Q1 2013136$14.6bn
Q4 2012138$12.4bn
Q3 2012147$5.7bn
Q2 2012133$5.2bn
Q1 2012134$5.6bn
Q4 2011129$4.6bn
Q3 2011131$4.0bn
Q2 2011153$5.2bn
Q1 2011160$5.2bn
Q4 2010152$4.7bn
Q2 2010138$3.2bn
Q1 2010142$3.5bn
Q4 2009132$3.1bn
Q3 2009145$2.7bn
Q2 2009131$2.0bn
Q1 2009112$1.4bn
Q4 2008105$1.4bn
Q3 2008112$1.7bn
Q2 2008104$1.7bn
Q1 2008102$1.6bn
Q4 200795$1.9bn
Q3 200796$1.9bn
Q2 2007106$2.1bn
Q1 2007102$3.6bn
Q4 200695$3.1bn
Q3 200695$2.7bn
Q2 200692$1.3bn
Q1 200680$1.1bn
Q4 200587$972m

Where Findlay Park Partners was early

127 rows
CYH Community Health Systems Inc NewQ2 20061 of 1201.1%1.1%5Exited by Q3 2007+10%
HP Helmerich & Payne IncQ2 20061 of 1260.7%2.3%34Exited by Q1 2015+124%
LAZ Lazard LtdQ2 20061 of 1060.7%1.1%21Exited by Q1 2013−26%
MDU MDU Res Group IncQ2 20061 of 1080.9%1.1%7Exited by Q3 2008+43%
TAC TransAlta CorpQ2 20061 of 1021.1%1.1%5Exited by Q2 2009−29%
YUSD Alleghany Corp MDQ2 20062 of 1061.0%2.6%60Exited by Q3 2021+141%
DOX Amdocs LtdQ2 20063 of 811.4%1.9%35Exited by Q2 2015+49%
PAC GPO Aeroportuario Del Pac SA SPONQ2 20063 of 470.6%1.7%14Exited by Q3 2011+29%
CTAS Cintas CorpQ2 200614 of 1390.9%2.3%19Exited by Q4 2023+1110%
FLIR Flir Sys IncQ3 20061 of 800.7%1.7%30Exited by Q4 2017+330%
WHR Whirlpool CorpQ3 20067 of 1390.4%1.2%10Exited by Q3 2017+128%
LYV LIVE NATION ENTERTAINMENT INQ3 200614 of 2160.2%4.2%25Held at last filing, Q2 2026+797%
KEX Kirby CorpQ4 20061 of 1300.7%1.6%20Exited by Q3 2013+133%
OMAB Grupo Aeroportuario Ctr NortQ4 20061 of 400.04%1.3%22Exited by Q2 2015+75%
GATX GATX CorpQ4 20063 of 960.8%1.2%6Exited by Q2 2008−9.8%
CLH Clean Harbors IncQ1 20071 of 1280.5%1.5%21Exited by Q4 2014+138%
VMC Vulcan Matls CoQ1 20072 of 1821.1%1.3%14Exited by Q1 2016−18%
BKD Brookdale SR Living IncQ2 20071 of 1500.7%1.7%24Exited by Q3 2016−66%
NDAQ Nasdaq IncQ2 20072 of 1280.2%1.9%31Exited by Q1 2021+347%
BR Broadridge Finl Solutions InQ3 20071 of 1170.7%1.6%21Exited by Q3 2013+40%
ESE ESCO Technologies IncQ3 20071 of 781.8%2.5%3Exited by Q2 2008+19%
L Loews CorpQ3 20073 of 931.6%2.3%2Exited by Q1 2008+4.1%
TV Grupo Televisa SAQ3 20076 of 791.3%2.5%35Exited by Q3 2016+7.7%
CSGP Costar Group IncQ4 20071 of 1891.1%3.9%21Exited by Q3 2023+1784%
NICE NICE Sys LtdQ4 20071 of 1010.7%2.2%10Exited by Q1 2014+19%
VTOL Bristow Group IncQ4 20071 of 770.2%1.5%8Exited by Q4 2009−48%
SLGN Silgan Holdings IncQ1 20081 of 840.6%1.2%4Exited by Q1 2009−3.7%
WCN WASTE CONNECTIONS INCQ1 20081 of 1300.9%3.6%73Held at last filing, Q2 2026+1120%
RVTY PerkinElmer IncQ1 20082 of 1132.1%3.7%26Exited by Q4 2014+80%
WAB Wabtec CorpQ1 20083 of 1450.8%1.1%16Exited by Q2 2017+314%
CSX CSX CorpQ1 20086 of 1821.9%1.9%10Exited by Q3 2011+40%
UNP Union Pac CorpQ1 20087 of 2111.3%2.7%55Exited by Q3 2023+553%
HSIC Schein Henry IncQ2 20083 of 1420.7%2.6%36Exited by Q3 2017+255%
NSC Norfolk Southern CorpQ2 20086 of 2050.5%1.2%16Exited by Q3 2013+16%
WU Western Un CoQ2 20087 of 1330.9%1.6%8Exited by Q2 2010−31%
IFF International Flavors&FragraQ3 20081 of 1410.6%1.4%5Exited by Q4 2009−3.9%
XLP Select Sector SPDR TR SBI CONS STPLSQ3 20081 of 1092.7%2.7%2Exited by Q1 2009−14%
KMB Kimberly Clark CorpQ3 20082 of 1300.9%1.3%2Exited by Q1 2009−19%
PREJF Partnerre LtdQ3 20082 of 410.9%1.8%16Exited by Q4 2012+118%
SYY Sysco CorpQ3 20082 of 1411.2%1.5%14Exited by Q2 2012−3.1%
CCK Crown Holdings IncQ3 20085 of 1640.2%1.5%14Exited by Q3 2014+124%
CMP Compass Minerals Intl IncQ4 20081 of 1031.4%1.4%7Exited by Q4 2011+14%
WABC Westamerica BancorporationQ4 20081 of 580.2%1.5%14Exited by Q3 2012−7.7%
APH Amphenol Corp NewQ4 20082 of 1860.3%2.2%20Exited by Q1 2014+272%
BRO Brown & Brown IncQ4 20083 of 1290.3%2.3%36Exited by Q1 2018+146%
SHW SHERWIN WILLIAMS COQ4 20087 of 1920.4%3.5%64Held at last filing, Q2 2026+1629%
UHS Universal Hlth Svcs IncQ4 200811 of 1380.5%2.1%11Exited by Q1 2017+466%
ATR AptarGroup IncQ1 20092 of 1011.4%1.4%8Exited by Q2 2011+61%
DVA Davita IncQ1 20092 of 1330.8%1.1%14Exited by Q4 2012+136%
MDT Medtronic PLCQ1 20092 of 1731.1%3.6%15Exited by Q2 2017+173%

Concentration and tenure

4.7%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
33.0%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Diversified
Style, by median largest position
5
Median completed holding, quarters