WhaleCreep

Findlay Park Partners 13F holdings, Q4 2012

Long-only investorSEC filingsCompare with another fundHoldings as of 2012-12-31, filed 2013-02-13

Findlay Park Partners disclosed 138 US equity positions worth $12.4bn in its Q4 2012 13F filing. Its largest position is ZBH at 50.3% of the reported book, followed by ITUB and CROWN CASTLE INTL CORP. Versus Q3 2012 it opened 16 new positions, added to 46, reduced 24 and exited 25.

$12.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
138
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
50.3%
Largest position
The largest single position as a share of the reported equity book.
59.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
4
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 2012: 16 new, 46 added, 24 reduced, 25 exited

50 of 138
ZBH ZIMMER BIOMET HOLDINGS INCHealthcare50.3%$6.3bn163.14m+41403%added
ITUB ITAU UNIBANCO HLDG S AFinancial Services1.2%$155m9.40m0.0%held
CROWN CASTLE INTL CORP no ticker–1.2%$154m2.13m+0.1%held
WALGREEN CO no ticker–1.2%$147m3.97m+9.4%added
COMCAST CORP NEW no ticker–1.2%$145m4.04m+8.2%added
FISV FISERV INC–1.1%$139m1.76m+0.1%held
HSIC HENRY SCHEIN INCHealthcare1.1%$135m1.68m+0.1%held
BROOKFIELD ASSET MGMT INC no ticker–1.0%$119m3.26m+193%added
TV GRUPO TELEVISA S A BCommunication Services0.8%$98.6m3.71m0.0%held
FIS FIDELITY NATL INFORMATION SVTechnology0.8%$98.2m2.82m+4.0%added
TXN TEXAS INSTRS INCTechnology0.8%$97.9m3.17m+47%added
WFC WELLS FARGO & COFinancial Services0.8%$97.8m2.86m+0.1%held
LEUCADIA NATL CORP no ticker–0.8%$95.2m4.00m+163%added
MA MASTERCARD INCFinancial Services0.7%$90.1m183,499+9.1%added
COVIDIEN PLC no ticker–0.7%$88.7m1.54m+5.3%added
SEACOR HOLDINGS INC no ticker–0.7%$85.3m1.02m−5.1%reduced
KO COCA COLA COConsumer Defensive0.6%$80.7m2.23m−7.8%reduced
AMT TD AMERITRADE HLDG CORPReal Estate0.6%$80.0m4.76m+0.1%held
HCC INS HLDGS INC no ticker–0.6%$77.5m2.08m+0.1%held
RVTY REVVITY INCHealthcare0.6%$75.9m2.39m+0.1%held
YUSD ALLEGHANY CORP DEL–0.6%$74.8m222,893−13%reduced
CCK CROWN HLDGS INCConsumer Cyclical0.6%$72.8m1.98m0.0%held
AIRGAS INC no ticker–0.6%$71.7m785,764−22%reduced
SWK STANLEY BLACK & DECKER INCIndustrials0.6%$71.7m969,531+0.1%held
FMC FMC CORPBasic Materials0.6%$71.5m1.22m+15%added
BRO BROWN & BROWN INCFinancial Services0.5%$68.2m2.68m+22%added
STT STATE STR CORPFinancial Services0.5%$67.8m1.44m+19%added
CBS CORP NEW no ticker–0.5%$67.7m1.78m−9.6%reduced
COR CENCORA INCHealthcare0.5%$67.1m1.55m+0.1%held
JKHY HENRY JACK & ASSOC INCTechnology0.5%$65.8m1.68m0.0%held
PNC PNC FINL SVCS GROUP INCFinancial Services0.5%$63.5m1.09m+1.0%added
BDX BECTON DICKINSON & COHealthcare0.5%$63.3m809,844+0.1%held
BAC BANK OF AMER CORPFinancial Services0.5%$62.3m5.37m–new
BRK/B BERKSHIRE HATHAWAY INC DEL–0.5%$61.4m684,375+0.1%held
MMM 3M COIndustrials0.5%$61.3m660,000+8.2%added
BXUSD BLACKSTONE GROUP L P–0.5%$60.9m3.91m0.0%held
News Corp no ticker–0.5%$60.5m2.37m+47%added
TGT TARGET CORPConsumer Defensive0.5%$60.4m1.02m+0.1%held
UPS UNITED PARCEL SERVICE INCIndustrials0.5%$59.3m804,495+15%added
EFX EQUIFAX INCIndustrials0.5%$59.3m1.09m+0.1%held
SNPS SYNOPSYS INCTechnology0.5%$57.5m1.81m+9.7%added
HD HOME DEPOT INCConsumer Cyclical0.5%$57.0m921,676−24%reduced
DHR DANAHER CORP DELHealthcare0.5%$56.3m1.01m+47%added
LIBERTY INTERACTIVE CORP no ticker–0.4%$55.9m2.84m+8.8%added
ALLIED WRLD ASSUR COM HLDG A no ticker–0.4%$55.7m706,800−9.7%reduced
HP HELMERICH & PAYNE INCEnergy0.4%$55.3m986,615+13%added
GWW WW GRAINGER INCIndustrials0.4%$54.9m271,342+70%added
RYN RAYONIER INCReal Estate0.4%$54.2m1.05m+20%added
BBBYEUR BED BATH & BEYOND INC–0.4%$53.9m963,265+21%added
SNA SNAP ON INCIndustrials0.4%$51.6m653,600−11%reduced

Exited since Q3 2012

25 rows
Kraft Foods Inc no ticker0.9%$52.9m
CA INC no ticker0.9%$50.8m
DVA DAVITA INC0.8%$45.5m
PREJF PARTNERRE LTD0.6%$34.3m
STARWOOD HOTELS&RESORTS WRLD no ticker0.5%$26.4m
AIG American International Group0.4%$21.8m
HUBG HUB GROUP INC0.4%$20.9m
NSC NORFOLK SOUTHERN CORP0.3%$17.6m
TYCO INTERNATIONAL LTD no ticker0.3%$16.3m
JOHNSON CTLS INC no ticker0.3%$16.3m
AGRIUM INC no ticker0.3%$15.7m
AZO AUTOZONE INC0.3%$15.0m
CME CME GROUP INC0.2%$13.9m
VRSK VERISK ANALYTICS INC0.2%$10.9m
VMC VULCAN MATLS CO0.2%$10.2m
AXE3EUR ANIXTER INTL INC0.2%$9.7m
News Corp no ticker0.2%$9.4m
KSUEUR KANSAS CITY SOUTHERN0.2%$9.0m
AEM AGNICO EAGLE MINES LTD0.1%$8.3m
MPC Marathon Petroleum Corp0.1%$8.3m
CHARTER COMMUNICATIONS INC D no ticker0.1%$8.3m
FNV FRANCO NEVADA CORP0.1%$6.9m
WILLIS GROUP HOLDINGS PUBLIC no ticker0.1%$6.8m
POT1EUR POTASH CORP SASK INC0.09%$5.2m
GROUPE CGI INC no ticker0.06%$3.4m

Sector mix

  • Healthcare53.5%
  • Unclassified20.6%
  • Financial Services6.3%
  • Technology5.7%
  • Industrials5.1%
  • Consumer Cyclical2.6%
  • Consumer Defensive1.9%
  • Basic Materials1.4%
  • Real Estate1.4%
  • Communication Services0.8%
  • Energy0.7%

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