WhaleCreep

Findlay Park Partners 13F holdings, Q1 2016

Long-only investorSEC filingsCompare with another fundHoldings as of 2016-03-31, filed 2016-05-10

Findlay Park Partners disclosed 59 US equity positions worth $8.8bn in its Q1 2016 13F filing. Its largest position is MSFT at 5.3% of the reported book, followed by ACCENTURE PLC IRELAND and BCRUSD. Versus Q4 2015 it opened 6 new positions, added to 28, reduced 20 and exited 13.

$8.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
59
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.3%
Largest position
The largest single position as a share of the reported equity book.
42.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
35
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 2015: 6 new, 28 added, 20 reduced, 13 exited

50 of 59
MSFT MICROSOFT CORPTechnology5.3%$463m8.38m+12%added
ACCENTURE PLC IRELAND no ticker–4.9%$431m3.73m0.0%held
BCRUSD BARD C R INC–4.6%$401m1.98m−2.2%reduced
V VISA INCFinancial Services4.5%$394m5.15m+108%added
CMCSA COMCAST CORP NEWCommunication Services4.3%$381m6.23m+1.8%added
FISV FISERV INC–4.2%$368m3.58m+2.3%added
BRK/B BERKSHIRE HATHAWAY INC DEL–3.8%$334m2.36m+4.4%added
DHR DANAHER CORP DELHealthcare3.6%$321m3.38m+1.0%added
CSCO CISCO SYS INCTechnology3.6%$320m11.25m+11%added
KO COCA COLA COConsumer Defensive3.5%$306m6.60m+2.2%added
MDT Medtronic PlcHealthcare3.0%$265m3.54m+11%added
MLM MARTIN MARIETTA MATLS INCBasic Materials2.8%$249m1.56m−19%reduced
AMT AMERICAN TOWER CORPReal Estate2.7%$240m2.34m−17%reduced
BDX BECTON DICKINSON & COHealthcare2.7%$233m1.54m+23%added
HD HOME DEPOT INCConsumer Cyclical2.5%$219m1.64m+11%added
WCN WASTE CONNECTIONS INCIndustrials2.4%$208m3.22m−13%reduced
COR CENCORA INCHealthcare2.2%$195m2.25m+17%added
PPG PPG INDS INCBasic Materials2.2%$190m1.70m+12%added
SABR SABRE CORPTechnology2.1%$189m6.53m+6.0%added
KKR & CO L P DEL no ticker–2.0%$179m12.20m+3.9%added
SHW SHERWIN WILLIAMS COBasic Materials2.0%$176m616,820+43%added
MA MASTERCARD INCFinancial Services2.0%$175m1.85m+95%added
UHS UNIVERSAL HLTH SVCS INCHealthcare1.9%$170m1.36m+59%added
EFX EQUIFAX INCIndustrials1.8%$159m1.39m−19%reduced
BRO BROWN & BROWN INCFinancial Services1.6%$144m4.03m+74%added
TMO THERMO FISHER SCIENTIFIC INCHealthcare1.6%$137m967,151+27%added
TIME WARNER CABLE INC no ticker–1.5%$135m657,957−26%reduced
YUSD ALLEGHANY CORP DEL–1.4%$124m249,737+2.7%added
UPS UNITED PARCEL SERVICE INCIndustrials1.4%$122m1.16m+2.7%added
WBC1EUR WABCO HLDGS INC–1.4%$121m1.13m−25%reduced
PG PROCTER & GAMBLE COConsumer Defensive1.3%$118m1.43m+2.8%added
TXN TEXAS INSTRS INCTechnology1.2%$108m1.89m+19%added
FLT1EUR FLEETCOR TECHNOLOGIES INC–1.2%$104m700,000−3.4%reduced
INTU INTUITTechnology1.0%$90.8m872,756–new
WFC WELLS FARGO & COFinancial Services1.0%$89.5m1.85m−28%reduced
ADBE ADOBE INCTechnology1.0%$88.2m940,116–new
NATIONAL INSTRS CORP no ticker–0.9%$81.3m2.70m0.0%held
LINEAR TECHNOLOGY CORP no ticker–0.9%$78.4m1.76m+396%added
CVA1EUR COVANTA HLDG CORP–0.9%$76.7m4.55m−34%reduced
SU SUNCOR ENERGY INC NEWEnergy0.8%$70.9m2.55m−68%reduced
EXP EAGLE MATERIALS INCBasic Materials0.7%$63.4m903,875+5.5%added
UNP UNION PACIFIC CORPIndustrials0.7%$61.8m776,612−29%reduced
HSIC HENRY SCHEIN INCHealthcare0.7%$60.1m348,260+7.7%added
ICE INTERCONTINENTAL EXCHANGE INFinancial Services0.7%$60.1m255,430–new
CAKE CHEESECAKE FACTORY INCConsumer Cyclical0.7%$58.0m1.09m+2876%added
USB US BANCORPFinancial Services0.6%$52.9m1.30m0.0%held
BNY BANK OF NY MELLON CORPFinancial Services0.4%$31.2m846,040−49%reduced
HLT HILTON WORLDWIDE HLDGS INCConsumer Cyclical0.3%$29.5m1.31m−14%reduced
S9Q SPIRIT AEROSYSTEMS HLDGS INC–0.3%$24.9m550,000−74%reduced
CX CEMEX SAB DE CVBasic Materials0.3%$22.5m3.09m−14%reduced

Exited since Q4 2015

13 rows
C CITIGROUP INC1.3%$118m
SLB SLB LIMITED1.0%$87.0m
ORCL ORACLE CORP1.0%$87.0m
GS GOLDMAN SACHS GROUP INC1.0%$86.5m
ARW ARROW ELECTRS INC0.9%$75.0m
STT STATE STR CORP0.8%$72.3m
JPM JPMORGAN CHASE & CO0.6%$54.0m
VMC VULCAN MATLS CO0.6%$53.3m
FLO FLOWERS FOODS INC0.5%$47.5m
CAR AVIS BUDGET GROUP INC0.5%$47.2m
DAL DELTA AIR LINES INC0.5%$41.5m
SNA SNAP ON INC0.4%$34.3m
WAB WABTEC0.4%$32.0m

Sector mix

  • Unclassified28.1%
  • Healthcare15.9%
  • Technology14.3%
  • Financial Services11.2%
  • Basic Materials8.0%
  • Industrials6.3%
  • Consumer Defensive4.8%
  • Communication Services4.3%
  • Consumer Cyclical3.5%
  • Real Estate2.7%
  • Energy0.8%

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