WhaleCreep

Findlay Park Partners 13F holdings, Q2 2013

Long-only investorSEC filingsCompare with another fundHoldings as of 2013-06-30, filed 2013-08-13

Findlay Park Partners disclosed 130 US equity positions worth $7.8bn in its Q2 2013 13F filing. Its largest position is WALGREEN CO at 3.8% of the reported book, followed by UPS and COMCAST CORP NEW. Versus Q1 2013 it opened 11 new positions, added to 44, reduced 26 and exited 17.

$7.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
130
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
3.8%
Largest position
The largest single position as a share of the reported equity book.
21.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
82
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 Q1 2013: 11 new, 44 added, 26 reduced, 17 exited

50 of 130
WALGREEN CO no ticker–3.8%$295m6.67m+68%added
UPS UNITED PARCEL SERVICE INCIndustrials2.5%$194m2.25m+45%added
COMCAST CORP NEW no ticker–2.0%$160m4.04m−0.1%held
FISV FISERV INC–2.0%$160m1.83m+4.2%added
ITUB ITAU UNIBANCO HLDG S AFinancial Services2.0%$158m12.21m+17%added
CROWN CASTLE INTL CORP no ticker–1.9%$153m2.11m+2.5%added
FIS FIDELITY NATL INFORMATION SVTechnology1.9%$152m3.55m+8.6%added
EFX EQUIFAX INCIndustrials1.8%$143m2.43m+105%added
AMT AMERICAN TOWER CORPReal Estate1.8%$139m5.60m+18%added
TXN TEXAS INSTRS INCTechnology1.7%$135m3.87m−0.3%held
HSIC HENRY SCHEIN INCHealthcare1.7%$133m1.38m−0.1%held
AXP AMERICAN EXPRESS COFinancial Services1.6%$126m1.68m−19%reduced
INTU INTUITTechnology1.6%$124m2.03m+152%added
MA MASTERCARD INCFinancial Services1.6%$122m211,8890.0%held
CCK CROWN HLDGS INCConsumer Cyclical1.5%$121m2.95m+49%added
SHW SHERWIN WILLIAMS COBasic Materials1.5%$118m666,807+106%added
WFC WELLS FARGO & COFinancial Services1.5%$117m2.84m−0.6%reduced
News Corp no ticker–1.4%$111m3.42m+20%added
STT STATE STR CORPFinancial Services1.4%$109m1.68m0.0%held
BAC BANK OF AMER CORPFinancial Services1.3%$105m8.17m−18%reduced
BRO BROWN & BROWN INCFinancial Services1.3%$100m3.12m0.0%held
COVIDIEN PLC no ticker–1.2%$95.3m1.52m−5.8%reduced
BBBYEUR BED BATH & BEYOND INC–1.2%$94.7m1.33m−8.3%reduced
GWW WW GRAINGER INCIndustrials1.2%$93.9m372,162+12%added
TV GRUPO TELEVISA S A BCommunication Services1.2%$92.2m3.71m0.0%held
USB US BANCORPFinancial Services1.2%$92.2m2.55m–new
BCRUSD BARD C R INC–1.2%$92.1m847,204+107%added
BDX BECTON DICKINSON & COHealthcare1.1%$87.3m882,8440.0%held
HD HOME DEPOT INCConsumer Cyclical1.1%$85.7m1.11m+20%added
SEACOR HOLDINGS INC no ticker–1.1%$84.5m1.02m−0.1%held
PRECISION CASTPARTS CORP no ticker–1.1%$82.6m365,348+14%added
KRAFT FOODS GROUP INC no ticker–1.0%$82.2m1.47m0.0%held
HP HELMERICH & PAYNE INCEnergy1.0%$82.1m1.32m0.0%held
HCC INS HLDGS INC no ticker–1.0%$80.3m1.86m−0.1%held
CAREFUSION CORP no ticker–1.0%$77.0m2.09m+7.5%added
BRK/B BERKSHIRE HATHAWAY INC DEL–1.0%$76.5m683,766−0.1%held
ARW ARROW ELECTRS INCTechnology1.0%$76.2m1.91m+58%added
MAR MARRIOTT INTL INC NEWConsumer Cyclical1.0%$74.9m1.85m0.0%held
SWK STANLEY BLACK & DECKER INCIndustrials1.0%$74.9m968,669−0.1%held
MSFT MICROSOFT CORPTechnology1.0%$74.7m2.16m+7.0%added
UGI UGI CORP NEWUtilities0.9%$74.2m1.90m+8.3%added
SNPS SYNOPSYS INCTechnology0.9%$73.1m2.04m+3.7%added
MMM 3M COIndustrials0.9%$72.0m658,442−0.2%held
PNC PNC FINL SVCS GROUP INCFinancial Services0.9%$71.2m976,667+10%added
DHR DANAHER CORP DELHealthcare0.9%$70.7m1.12m0.0%held
TGT TARGET CORPConsumer Defensive0.9%$70.2m1.02m−0.1%held
FLIR FLIR SYS INC–0.9%$67.7m2.51m+23%added
FLS FLOWSERVE CORPIndustrials0.8%$65.7m1.22m–new
PSX PHILLIPS 66Energy0.8%$64.7m1.10m+88%added
CVA1EUR COVANTA HLDG CORP–0.8%$64.1m3.20m0.0%held

Exited since Q1 2013

17 rows
GPC GENUINE PARTS CO0.4%$55.3m
HRL HORMEL FOODS CORP0.3%$39.1m
MDLZ MONDELEZ INTL INC0.3%$38.9m
GLD SPDR GOLD TRUST0.3%$38.8m
SUNTRUST BKS INC no ticker0.2%$31.4m
FAF FIRST AMERN FINL CORP0.2%$28.0m
ITT CORP NEW no ticker0.2%$22.8m
CDNS CADENCE DESIGN SYSTEM INC0.1%$16.3m
CHD CHURCH & DWIGHT CO INC0.1%$15.9m
CITY NATL CORP no ticker0.09%$13.4m
SBAC SBA COMMUNICATIONS CORP0.06%$9.1m
TESORO CORP no ticker0.06%$8.5m
NVR NVR INC0.06%$8.3m
ITC HLDGS CORP no ticker0.06%$8.1m
GE GENERAL ELECTRIC CO0.05%$7.8m
MEADWESTVACO CORP no ticker0.05%$7.3m
ADT THE ADT CORPORATION0.05%$7.1m

Sector mix

  • Unclassified35.9%
  • Financial Services16.2%
  • Industrials12.8%
  • Technology11.5%
  • Healthcare5.2%
  • Consumer Cyclical5.1%
  • Basic Materials3.0%
  • Real Estate2.8%
  • Consumer Defensive2.7%
  • Energy2.6%
  • Communication Services1.2%
  • Utilities0.9%

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