WhaleCreep

Findlay Park Partners 13F holdings, Q3 2011

Long-only investorSEC filingsCompare with another fundHoldings as of 2011-09-30, filed 2011-11-14

Findlay Park Partners disclosed 131 US equity positions worth $4.0bn in its Q3 2011 13F filing. Its largest position is ITUB at 2.7% of the reported book, followed by AIRGAS INC and HSIC. Versus Q2 2011 it opened 10 new positions, added to 43, reduced 43 and exited 32.

$4.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
131
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
2.7%
Largest position
The largest single position as a share of the reported equity book.
21.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
86
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 2011: 10 new, 43 added, 43 reduced, 32 exited

50 of 131
ITUB ITAU UNIBANCO HLDG S AFinancial Services2.7%$110m7.10m+15%added
AIRGAS INC no ticker–2.6%$106m1.66m+7.9%added
HSIC HENRY SCHEIN INCHealthcare2.6%$102m1.65m+15%added
CROWN CASTLE INTL CORP no ticker–2.2%$89.0m2.19m+13%added
KO COCA COLA COConsumer Defensive2.2%$88.7m1.31m+30%added
WCN WASTE CONNECTIONS INCIndustrials1.9%$77.3m2.29m0.0%held
ECL ECOLAB INCBasic Materials1.9%$74.6m1.53m–new
AMT TD AMERITRADE HLDG CORPReal Estate1.7%$68.4m4.65m0.0%held
CBS CORP NEW no ticker–1.7%$68.4m3.35m+31%added
TYCO INTERNATIONAL LTD no ticker–1.6%$65.9m1.62m+43%added
SEACOR HOLDINGS INC no ticker–1.6%$65.5m816,654+3.9%added
COVIDIEN PLC no ticker–1.6%$62.3m1.41m–new
ROP ROPER TECHNOLOGIES INCTechnology1.5%$61.4m891,409+32%added
BROOKFIELD ASSET MGMT INC no ticker–1.5%$60.8m2.21m+38%added
GWW WW GRAINGER INCIndustrials1.4%$55.3m370,002−16%reduced
HCC INS HLDGS INC no ticker–1.3%$53.4m1.97m+3.2%added
99803EUR LABORATORY CORP AMER HLDGS–1.3%$52.3m661,138−16%reduced
BBD BANCO BRADESCO S AFinancial Services1.3%$52.1m3.52m+6.0%added
MA MASTERCARD INCFinancial Services1.3%$50.9m160,596−7.0%reduced
WWD WOODWARD INCIndustrials1.2%$50.0m1.83m−17%reduced
FIS FIDELITY NATL INFORMATION SVTechnology1.2%$49.1m2.02m+30%added
PG PROCTER & GAMBLE COConsumer Defensive1.2%$48.6m768,783+14%added
BDX BECTON DICKINSON & COHealthcare1.2%$47.0m640,5000.0%held
PROGRESSIVE WASTE SOLUTIONS no ticker–1.1%$45.9m2.23m–new
TV GRUPO TELEVISA S A BCommunication Services1.1%$45.1m2.46m−27%reduced
DISCKUSD DISCOVERY INC–1.1%$45.0m1.28m−9.4%reduced
DVA DAVITA INCHealthcare1.1%$43.5m694,542+17%added
PNC PNC FINL SVCS GROUP INCFinancial Services1.1%$43.1m894,667−29%reduced
LIBERTY INTERACTIVE CORP no ticker–1.1%$43.0m2.92m+252%added
WALGREEN CO no ticker–1.1%$42.7m1.30m−29%reduced
ALLIED WRLD ASSUR COM HLDG A no ticker–1.1%$42.6m793,000+44%added
CCK CROWN HLDGS INCConsumer Cyclical1.1%$42.5m1.39m+157%added
FMC FMC CORPBasic Materials1.0%$41.8m605,050+140%added
HAS HASBRO INCConsumer Cyclical1.0%$40.5m1.24m0.0%held
HP HELMERICH & PAYNE INCEnergy1.0%$40.5m997,350−11%reduced
COMCAST CORP NEW no ticker–1.0%$40.4m1.95m–new
ZBH ZIMMER BIOMET HOLDINGS INCHealthcare1.0%$40.2m751,4000.0%held
TIME WARNER CABLE INC no ticker–1.0%$40.2m640,876−16%reduced
JKHY HENRY JACK & ASSOC INCTechnology1.0%$39.8m1.37m+22%added
FNV FRANCO NEVADA CORPBasic Materials1.0%$39.6m1.10m–new
GLD SPDR GOLD TRUST–1.0%$39.5m250,0000.0%held
BRO BROWN & BROWN INCFinancial Services1.0%$39.1m2.19m+26%added
American Tower Corp no ticker–1.0%$38.2m709,9420.0%held
SNPS SYNOPSYS INCTechnology0.9%$37.9m1.56m+8.5%added
DUN & BRADSTREET CORP DEL NE no ticker–0.9%$34.6m564,7580.0%held
TXN TEXAS INSTRS INCTechnology0.9%$34.4m1.29m+23%added
ADI ANALOG DEVICES INCTechnology0.9%$34.3m1.10m+29%added
EFX EQUIFAX INCIndustrials0.8%$33.8m1.10m0.0%held
CA INC no ticker–0.8%$33.4m1.72m0.0%held
UPS UNITED PARCEL SERVICE INCIndustrials0.8%$33.1m523,550+37%added

Exited since Q2 2011

32 rows
Covidien Plc no ticker1.2%$62.3m
BBBYEUR BED BATH & BEYOND INC1.2%$60.3m
PRECISION CASTPARTS CORP no ticker0.9%$46.9m
PAC GRUPO AEROPORTUNARIO DEL PAC0.8%$41.2m
NDSN NORDSON CORP0.6%$32.3m
RGA REINSURANCE GROUP AMER INC0.6%$29.6m
GAP GAP INC0.6%$29.5m
KBE SPDR SERIES TRUST0.5%$28.8m
Polo Ralph Lauren Corp no ticker0.5%$28.3m
News Corp no ticker0.5%$27.0m
KRE SPDR SERIES TRUST0.5%$25.4m
THO THOR INDS INC0.5%$23.6m
PFG PRINCIPAL FINANCIAL GROUP IN0.4%$20.8m
Citigroup Inc no ticker0.4%$19.9m
CSX CSX CORP0.4%$19.2m
GS GOLDMAN SACHS GROUP INC0.3%$18.3m
FISV FISERV INC0.3%$17.7m
RYN RAYONIER INC0.3%$17.3m
AES AES CORP0.3%$16.9m
IR INGERSOLL-RAND PLC0.3%$16.6m
AVT AVNET INC0.3%$16.5m
MCO MOODYS CORP0.3%$14.0m
NTRS NORTHERN TR CORP0.2%$12.1m
JOE ST JOE CO0.2%$11.1m
TEAM HEALTH HOLDINGS INC no ticker0.2%$11.0m
ACXIOM HOLDINGS INC no ticker0.1%$6.8m
BOH BANK HAWAII CORP0.1%$5.7m
Liberty Media Corp New LIB STAR no ticker0.1%$5.2m
ASSISTED LIVING CONCPT NEV N no ticker0.07%$3.8m
SPECTRA ENERGY CORP no ticker0.06%$3.3m
BAH BOOZ ALLEN HAMILTON HLDG COR0.04%$1.9m
NDAQ NASDAQ INC0.03%$1.8m

Sector mix

  • Unclassified42.1%
  • Industrials13.3%
  • Financial Services11.5%
  • Technology7.6%
  • Healthcare7.4%
  • Basic Materials5.2%
  • Consumer Defensive4.9%
  • Consumer Cyclical3.1%
  • Energy1.9%
  • Real Estate1.7%
  • Communication Services1.1%
  • Utilities0.2%

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