WhaleCreep

Findlay Park Partners 13F holdings, Q3 2012

Long-only investorSEC filingsCompare with another fundHoldings as of 2012-09-30, filed 2012-11-14

Findlay Park Partners disclosed 147 US equity positions worth $5.7bn in its Q3 2012 13F filing. Its largest position is ITUB at 2.5% of the reported book, followed by CROWN CASTLE INTL CORP and HSIC. Versus Q2 2012 it opened 22 new positions, added to 37, reduced 37 and exited 8.

$5.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
147
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
2.5%
Largest position
The largest single position as a share of the reported equity book.
20.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
91
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 2012: 22 new, 37 added, 37 reduced, 8 exited

50 of 147
ITUB ITAU UNIBANCO HLDG S AFinancial Services2.5%$144m9.40m+32%added
CROWN CASTLE INTL CORP no ticker–2.4%$136m2.13m0.0%held
HSIC HENRY SCHEIN INCHealthcare2.3%$133m1.68m0.0%held
WALGREEN CO no ticker–2.3%$132m3.63m+66%added
COMCAST CORP NEW no ticker–2.3%$130m3.73m−14%reduced
FISV FISERV INC–2.3%$130m1.75m+9.5%added
WFC WELLS FARGO & COFinancial Services1.7%$98.7m2.86m+8.7%added
KO COCA COLA COConsumer Defensive1.6%$91.6m2.42m+100%added
SEACOR HOLDINGS INC no ticker–1.6%$89.4m1.07m0.0%held
YUSD ALLEGHANY CORP DEL–1.6%$88.3m255,910−20%reduced
TV GRUPO TELEVISA S A BCommunication Services1.5%$87.2m3.71m0.0%held
COVIDIEN PLC no ticker–1.5%$86.7m1.46m+26%added
FIS FIDELITY NATL INFORMATION SVTechnology1.5%$84.7m2.71m+27%added
AIRGAS INC no ticker–1.5%$83.4m1.01m0.0%held
MA MASTERCARD INCFinancial Services1.3%$75.9m168,196+9.9%added
SWK STANLEY BLACK & DECKER INCIndustrials1.3%$73.9m969,000+8.5%added
HD HOME DEPOT INCConsumer Cyclical1.3%$73.4m1.22m−10%reduced
AMT TD AMERITRADE HLDG CORPReal Estate1.3%$73.1m4.76m0.0%held
CCK CROWN HLDGS INCConsumer Cyclical1.3%$72.7m1.98m0.0%held
CBS CORP NEW no ticker–1.3%$71.5m1.97m−8.0%reduced
HCC INS HLDGS INC no ticker–1.2%$70.6m2.08m+5.8%added
RVTY REVVITY INCHealthcare1.2%$70.4m2.39m+1.6%added
PNC PNC FINL SVCS GROUP INCFinancial Services1.2%$68.0m1.08m0.0%held
DOX AMDOCS LTDTechnology1.2%$67.3m2.04m0.0%held
TGT TARGET CORPConsumer Defensive1.1%$64.7m1.02m−6.4%reduced
BDX BECTON DICKINSON & COHealthcare1.1%$63.6m809,4000.0%held
JKHY HENRY JACK & ASSOC INCTechnology1.1%$63.4m1.68m0.0%held
ALLIED WRLD ASSUR COM HLDG A no ticker–1.1%$60.5m782,800−20%reduced
BRK/B BERKSHIRE HATHAWAY INC DEL–1.1%$60.3m684,0000.0%held
COR CENCORA INCHealthcare1.1%$60.2m1.55m+24%added
TXN TEXAS INSTRS INCTechnology1.0%$59.6m2.16m+50%added
FMC FMC CORPBasic Materials1.0%$58.9m1.06m−17%reduced
BRO BROWN & BROWN INCFinancial Services1.0%$57.0m2.19m0.0%held
MMM 3M COIndustrials1.0%$56.4m610,0000.0%held
BXUSD BLACKSTONE GROUP L P–1.0%$55.8m3.91m+86%added
SNPS SYNOPSYS INCTechnology1.0%$54.4m1.65m0.0%held
Kraft Foods Inc no ticker–0.9%$52.9m1.28m+39%added
SNA SNAP ON INCIndustrials0.9%$52.6m732,0000.0%held
STT STATE STR CORPFinancial Services0.9%$51.0m1.22m–new
EFX EQUIFAX INCIndustrials0.9%$51.0m1.09m0.0%held
CA INC no ticker–0.9%$50.8m1.97m0.0%held
BBBYEUR BED BATH & BEYOND INC–0.9%$50.1m795,549+78%added
UPS UNITED PARCEL SERVICE INCIndustrials0.9%$50.1m700,200−18%reduced
ECL ECOLAB INCBasic Materials0.9%$48.4m746,1200.0%held
LIBERTY INTERACTIVE CORP no ticker–0.8%$48.3m2.61m+13%added
HAS HASBRO INCConsumer Cyclical0.8%$47.3m1.24m0.0%held
FLIR FLIR SYS INC–0.8%$47.1m2.36m−20%reduced
BBD BANCO BRADESCO S AFinancial Services0.8%$47.0m2.92m−58%reduced
DVA DAVITA INCHealthcare0.8%$45.5m439,362−23%reduced
DUN & BRADSTREET CORP DEL NE no ticker–0.8%$45.4m570,508−32%reduced

Exited since Q2 2012

8 rows
NOVEUR NATIONAL OILWELL VARCO INC0.3%$16.7m
ICONIX BRAND GROUP INC no ticker0.3%$16.6m
DIS DISNEY WALT CO0.2%$12.9m
BNY BANK OF NY MELLON CORP0.2%$11.5m
QEP QEP RESOURCES INC0.2%$11.0m
NTRS NORTHERN TR CORP0.1%$7.0m
WABC WESTAMERICA BANCORPORATION0.08%$4.1m
DEVRY ED GROUP INC no ticker0.06%$3.0m

Sector mix

  • Unclassified42.2%
  • Financial Services12.4%
  • Technology10.4%
  • Industrials9.9%
  • Healthcare7.7%
  • Consumer Cyclical5.3%
  • Consumer Defensive3.6%
  • Basic Materials3.0%
  • Real Estate2.6%
  • Communication Services1.5%
  • Energy1.5%

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