WhaleCreep

Findlay Park Partners 13F holdings, Q1 2014

Long-only investorSEC filingsCompare with another fundHoldings as of 2014-03-31, filed 2014-05-14

Findlay Park Partners disclosed 111 US equity positions worth $8.8bn in its Q1 2014 13F filing. Its largest position is FISV at 3.0% of the reported book, followed by COMCAST CORP NEW and AMT. Versus Q4 2013 it opened 7 new positions, added to 35, reduced 30 and exited 24.

$8.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
111
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
3.0%
Largest position
The largest single position as a share of the reported equity book.
24.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
72
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 Q4 2013: 7 new, 35 added, 30 reduced, 24 exited

50 of 111
FISV FISERV INC–3.0%$262m4.62m0.0%held
COMCAST CORP NEW no ticker–3.0%$262m5.36m+15%added
AMT AMERICAN TOWER CORPReal Estate2.8%$245m5.41m+2.4%added
WALGREEN CO no ticker–2.7%$238m3.61m+15%added
TXN TEXAS INSTRS INCTechnology2.7%$234m4.96m+6.7%added
FIS FIDELITY NATL INFORMATION SVTechnology2.1%$186m3.48m−2.0%reduced
EFX EQUIFAX INCIndustrials2.1%$185m2.72m0.0%held
USB US BANCORPFinancial Services2.0%$181m4.22m−11%reduced
SHW SHERWIN WILLIAMS COBasic Materials1.9%$172m870,7670.0%held
SLB SLB LIMITEDEnergy1.9%$171m1.75m+32%added
HSIC HENRY SCHEIN INCHealthcare1.9%$165m1.38m0.0%held
ITUB ITAU UNIBANCO HLDG S AFinancial Services1.8%$161m10.86m−2.3%reduced
CAREFUSION CORP no ticker–1.8%$157m3.89m+8.7%added
AXP AMERICAN EXPRESS COFinancial Services1.7%$151m1.68m0.0%held
WFC WELLS FARGO & COFinancial Services1.7%$149m3.00m+4.8%added
HD HOME DEPOT INCConsumer Cyclical1.7%$149m1.88m0.0%held
KKR & CO L P DEL no ticker–1.7%$146m6.40m+19%added
TWENTY FIRST CENTY FOX INC no ticker–1.6%$144m4.51m+124%added
STT STATE STR CORPFinancial Services1.6%$144m2.07m+13%added
BCRUSD BARD C R INC–1.4%$125m847,2040.0%held
ARW ARROW ELECTRS INCTechnology1.4%$120m2.03m+5.9%added
CROWN CASTLE INTL CORP no ticker–1.3%$118m1.60m−8.2%reduced
COVIDIEN PLC no ticker–1.3%$112m1.52m0.0%held
HP HELMERICH & PAYNE INCEnergy1.2%$109m1.01m0.0%held
ACCENTURE PLC IRELAND no ticker–1.2%$106m1.33m+86%added
BRO BROWN & BROWN INCFinancial Services1.2%$105m3.43m−19%reduced
BDX BECTON DICKINSON & COHealthcare1.2%$103m882,8440.0%held
FLO FLOWERS FOODS INCConsumer Defensive1.2%$102m4.74m+15%added
HOUSEUR ANYWHERE REAL ESTATE INC–1.1%$99.2m2.28m+32%added
SU SUNCOR ENERGY INC NEWEnergy1.1%$98.2m2.81m0.0%held
MA MASTERCARD INCFinancial Services1.1%$97.1m1.30m+900%added
HCC INS HLDGS INC no ticker–1.1%$96.7m2.13m+14%added
UPS UNITED PARCEL SERVICE INCIndustrials1.1%$94.3m968,225−57%reduced
FLS FLOWSERVE CORPIndustrials1.1%$93.8m1.20m−12%reduced
BRK/B BERKSHIRE HATHAWAY INC DEL–1.0%$90.3m722,766+5.7%added
KRAFT FOODS GROUP INC no ticker–1.0%$89.6m1.60m0.0%held
JECUSD JACOBS ENGR GROUP INC–1.0%$89.1m1.40m+29%added
LMEUR LEGG MASON INC–1.0%$85.1m1.74m+102%added
DOX AMDOCS LTDTechnology1.0%$84.5m1.82m+15%added
YUSD ALLEGHANY CORP DEL–0.9%$83.4m204,7480.0%held
BEN FRANKLIN RESOURCES INCFinancial Services0.9%$82.4m1.52m–new
WMT WALMART INCConsumer Defensive0.9%$81.8m1.07m+34%added
GWW WW GRAINGER INCIndustrials0.9%$78.1m309,192−15%reduced
FNF FIDELITY NATIONAL FINANCIALFinancial Services0.9%$76.8m2.44m0.0%held
ALLIED WRLD ASSUR COM HLDG A no ticker–0.8%$74.9m725,4000.0%held
LIBERTY INTERACTIVE CORP no ticker–0.8%$74.3m2.57m0.0%held
DHR DANAHER CORP DELHealthcare0.8%$72.0m960,058−14%reduced
BLK BLACKROCK INCFinancial Services0.8%$71.6m227,5450.0%held
UGI UGI CORP NEWUtilities0.8%$71.1m1.56m−17%reduced
CHARTER COMMUNICATIONS INC D no ticker–0.8%$70.8m575,000+51%added

Exited since Q4 2013

24 rows
2362120D SINCLAIR BROADCAST GROUP INC1.0%$88.2m
SWK STANLEY BLACK & DECKER INC0.9%$78.2m
CBS CORP NEW no ticker0.8%$73.5m
BBBYEUR BED BATH & BEYOND INC0.8%$71.5m
DISCKUSD DISCOVERY INC0.6%$51.8m
IEX IDEX CORP0.4%$37.9m
RRX REGAL REXNORD CORPORATION0.4%$33.5m
CBRE CBRE GROUP INC0.3%$30.8m
LIBERTY INTERACTIVE CORP no ticker0.3%$25.6m
SEACOR HOLDINGS INC no ticker0.3%$25.0m
ERA1USD ERA GROUP INC0.3%$22.8m
APH AMPHENOL CORP0.2%$22.0m
SWN1EUR SOUTHWESTERN ENERGY CO0.2%$19.1m
BBD BANCO BRADESCO S A0.2%$18.8m
PSX PHILLIPS 660.2%$15.5m
LEUCADIA NATL CORP no ticker0.2%$14.2m
LIBERTY MEDIA CORP DELAWARE no ticker0.1%$13.5m
WWD WOODWARD INC0.1%$13.4m
VLO VALERO ENERGY CORP0.1%$11.8m
MCGRAW HILL FINL INC no ticker0.1%$9.4m
TEXAS PAC LD TR no ticker0.08%$7.3m
BROOKFIELD ASSET MGMT INC no ticker0.06%$5.6m
NICE NICE LTD0.05%$4.2m
CEMENTOS PACASMAYO S A A no ticker0.03%$2.7m

Sector mix

  • Unclassified38.0%
  • Financial Services18.0%
  • Technology10.4%
  • Industrials9.9%
  • Healthcare5.1%
  • Energy5.0%
  • Consumer Cyclical4.7%
  • Consumer Defensive3.0%
  • Real Estate2.8%
  • Basic Materials2.4%
  • Utilities0.8%
  • Communication Services0.01%

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