WhaleCreep

Findlay Park Partners 13F holdings, Q4 2011

Long-only investorSEC filingsCompare with another fundHoldings as of 2011-12-31, filed 2012-02-14

Findlay Park Partners disclosed 129 US equity positions worth $4.6bn in its Q4 2011 13F filing. Its largest position is ITUB at 2.8% of the reported book, followed by AIRGAS INC and HSIC. Versus Q3 2011 it opened 14 new positions, added to 39, reduced 25 and exited 16.

$4.6bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
129
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
2.8%
Largest position
The largest single position as a share of the reported equity book.
20.8%
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 Q3 2011: 14 new, 39 added, 25 reduced, 16 exited

50 of 129
ITUB ITAU UNIBANCO HLDG S AFinancial Services2.8%$130m7.10m0.0%held
AIRGAS INC no ticker–2.4%$110m1.38m−17%reduced
HSIC HENRY SCHEIN INCHealthcare2.4%$109m1.68m+1.8%added
CBS CORP NEW no ticker–2.1%$98.0m3.60m+7.3%added
CROWN CASTLE INTL CORP no ticker–2.1%$97.6m2.19m0.0%held
KO COCA COLA COConsumer Defensive2.0%$92.2m1.31m0.0%held
ECL ECOLAB INCBasic Materials1.9%$88.0m1.53m0.0%held
SEACOR HOLDINGS INC no ticker–1.8%$81.4m908,654+11%added
TYCO INTERNATIONAL LTD no ticker–1.6%$75.8m1.62m0.0%held
AMT TD AMERITRADE HLDG CORPReal Estate1.6%$74.6m4.77m+2.6%added
COMCAST CORP NEW no ticker–1.6%$73.2m3.10m+59%added
TV GRUPO TELEVISA S A BCommunication Services1.6%$72.5m3.46m+41%added
ROP ROPER TECHNOLOGIES INCTechnology1.6%$72.2m830,409−6.8%reduced
COVIDIEN PLC no ticker–1.5%$69.2m1.54m+8.6%added
MA MASTERCARD INCFinancial Services1.4%$64.6m170,796+6.4%added
DUN & BRADSTREET CORP DEL NE no ticker–1.4%$62.6m839,258+49%added
ALLIED WRLD ASSUR COM HLDG A no ticker–1.3%$61.3m976,000+23%added
HP HELMERICH & PAYNE INCEnergy1.3%$58.1m997,3500.0%held
BBD BANCO BRADESCO S AFinancial Services1.3%$58.1m3.52m0.0%held
WWD WOODWARD INCIndustrials1.3%$57.9m1.40m−23%reduced
FIS FIDELITY NATL INFORMATION SVTechnology1.2%$56.8m2.14m+6.1%added
WCN WASTE CONNECTIONS INCIndustrials1.2%$55.9m1.68m−27%reduced
PNC PNC FINL SVCS GROUP INCFinancial Services1.2%$55.7m955,667+6.8%added
UNP UNION PACIFIC CORPIndustrials1.2%$54.7m519,568+31%added
PG PROCTER & GAMBLE COConsumer Defensive1.2%$54.7m817,083+6.3%added
HCC INS HLDGS INC no ticker–1.2%$54.4m1.97m0.0%held
DISCKUSD DISCOVERY INC–1.2%$53.7m1.43m+12%added
99803EUR LABORATORY CORP AMER HLDGS–1.1%$51.9m600,138−9.2%reduced
CCK CROWN HLDGS INCConsumer Cyclical1.1%$50.3m1.48m+7.0%added
MMM 3M COIndustrials1.1%$50.1m610,000+33%added
WALGREEN CO no ticker–1.1%$50.0m1.50m+15%added
DVA DAVITA INCHealthcare1.1%$49.8m656,342−5.5%reduced
BRO BROWN & BROWN INCFinancial Services1.1%$49.6m2.19m0.0%held
GWW WW GRAINGER INCIndustrials1.1%$48.6m256,402−31%reduced
BDX BECTON DICKINSON & COHealthcare1.0%$47.7m640,5000.0%held
JKHY HENRY JACK & ASSOC INCTechnology1.0%$47.5m1.40m+2.2%added
LIBERTY INTERACTIVE CORP no ticker–1.0%$47.4m2.92m0.0%held
BROOKFIELD ASSET MGMT INC no ticker–1.0%$47.1m1.72m−22%reduced
YUSD ALLEGHANY CORP DEL–1.0%$47.1m164,380+52%added
FMC FMC CORPBasic Materials1.0%$46.2m535,900−11%reduced
FLIR FLIR SYS INC–1.0%$46.1m1.81m+287%added
SWK STANLEY BLACK & DECKER INCIndustrials1.0%$45.8m671,000+57%added
PROGRESSIVE WASTE SOLUTIONS no ticker–1.0%$45.3m2.35m+5.5%added
SNPS SYNOPSYS INCTechnology1.0%$44.6m1.65m+5.9%added
TGT TARGET CORPConsumer Defensive0.9%$43.7m844,850+39%added
FISV FISERV INC–0.9%$43.4m735,000–new
American Tower Corp no ticker–0.9%$43.0m709,9420.0%held
EFX EQUIFAX INCIndustrials0.9%$42.6m1.10m0.0%held
RVTY REVVITY INCHealthcare0.9%$41.5m2.09m+44%added
SHW SHERWIN WILLIAMS COBasic Materials0.9%$41.1m458,017+7.1%added

Exited since Q3 2011

16 rows
TIME WARNER CABLE INC no ticker1.0%$40.2m
NYSE EURONEXT no ticker0.7%$26.4m
Liberty Global Inc no ticker0.6%$22.3m
OC Owens Corning Inc0.4%$17.8m
RL RALPH LAUREN CORP0.4%$17.3m
DRCEUR DRESSER-RAND GROUP INC0.4%$14.9m
CMP COMPASS MINERALS INTL INC0.3%$12.2m
WHR WHIRLPOOL CORP0.3%$11.4m
MCGRAW HILL FINL INC no ticker0.2%$10.0m
CBOE CBOE GLOBAL MARKETS INC0.2%$9.0m
GAFISA S A no ticker0.2%$6.9m
FIRST NIAGARA FINL GP INC no ticker0.2%$6.4m
Nalco Holding Company no ticker0.1%$5.1m
SCHW SCHWAB CHARLES CORP0.1%$4.6m
MONSANTO CO NEW no ticker0.09%$3.7m
NATIONAL INSTRS CORP no ticker0.04%$1.5m

Sector mix

  • Unclassified41.4%
  • Industrials13.0%
  • Financial Services12.6%
  • Technology8.0%
  • Healthcare7.3%
  • Consumer Defensive4.6%
  • Basic Materials4.3%
  • Consumer Cyclical2.6%
  • Energy2.2%
  • Real Estate1.8%
  • Communication Services1.6%
  • Utilities0.6%

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