WhaleCreep

Findlay Park Partners 13F holdings, Q2 2016

Long-only investorSEC filingsCompare with another fundHoldings as of 2016-06-30, filed 2016-08-10

Findlay Park Partners disclosed 58 US equity positions worth $8.7bn in its Q2 2016 13F filing. Its largest position is MSFT at 5.5% of the reported book, followed by BCRUSD and CMCSA. Versus Q1 2016 it opened 5 new positions, added to 17, reduced 18 and exited 6.

$8.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
58
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.5%
Largest position
The largest single position as a share of the reported equity book.
41.2%
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 Q1 2016: 5 new, 17 added, 18 reduced, 6 exited

50 of 58
MSFT MICROSOFT CORPTechnology5.5%$479m9.35m+12%added
BCRUSD BARD C R INC–4.5%$390m1.66m−16%reduced
CMCSA COMCAST CORP NEWCommunication Services4.3%$372m5.70m−8.5%reduced
ACCENTURE PLC IRELAND no ticker–4.2%$368m3.25m−13%reduced
V VISA INCFinancial Services4.2%$368m4.96m−3.7%reduced
FISV FISERV INC–4.0%$351m3.23m−10%reduced
DHR DANAHER CORP DELHealthcare3.9%$341m3.38m0.0%held
BRK/B BERKSHIRE HATHAWAY INC DEL–3.9%$341m2.36m0.0%held
KO COCA COLA COConsumer Defensive3.4%$299m6.60m0.0%held
WCN WASTE CONNECTIONS INCIndustrials3.4%$294m4.08m+27%added
MDT Medtronic PlcHealthcare3.1%$273m3.15m−11%reduced
AMT AMERICAN TOWER CORPReal Estate3.0%$266m2.34m0.0%held
CSCO CISCO SYS INCTechnology3.0%$262m9.15m−19%reduced
BDX BECTON DICKINSON & COHealthcare3.0%$261m1.54m0.0%held
MLM MARTIN MARIETTA MATLS INCBasic Materials2.5%$216m1.12m−28%reduced
PPG PPG INDS INCBasic Materials2.4%$214m2.05m+21%added
HD HOME DEPOT INCConsumer Cyclical2.4%$211m1.65m+0.9%added
UHS UNIVERSAL HLTH SVCS INCHealthcare2.1%$182m1.36m0.0%held
SHW SHERWIN WILLIAMS COBasic Materials2.1%$181m616,8200.0%held
EFX EQUIFAX INCIndustrials2.0%$178m1.39m0.0%held
TMO THERMO FISHER SCIENTIFIC INCHealthcare2.0%$171m1.16m+20%added
COR CENCORA INCHealthcare1.9%$169m2.13m−5.1%reduced
MA MASTERCARD INCFinancial Services1.9%$168m1.91m+3.2%added
BRO BROWN & BROWN INCFinancial Services1.8%$156m4.17m+3.4%added
KKR & CO L P DEL no ticker–1.7%$151m12.20m0.0%held
SABR SABRE CORPTechnology1.7%$150m5.59m−14%reduced
PXGBX PRAXAIR INC–1.6%$139m1.24m–new
LINEAR TECHNOLOGY CORP no ticker–1.5%$129m2.78m+58%added
WBC1EUR WABCO HLDGS INC–1.5%$127m1.38m+22%added
UPS UNITED PARCEL SERVICE INCIndustrials1.4%$125m1.16m0.0%held
ADBE ADOBE INCTechnology1.4%$123m1.28m+36%added
PG PROCTER & GAMBLE COConsumer Defensive1.4%$121m1.43m0.0%held
TXN TEXAS INSTRS INCTechnology1.4%$118m1.89m0.0%held
ICE INTERCONTINENTAL EXCHANGE INFinancial Services1.3%$113m442,512+73%added
YUSD ALLEGHANY CORP DEL–1.1%$91.8m166,998−33%reduced
WFC WELLS FARGO & COFinancial Services1.0%$87.6m1.85m0.0%held
INTU INTUITTechnology1.0%$85.9m769,428−12%reduced
NATIONAL INSTRS CORP no ticker–0.8%$74.0m2.70m0.0%held
CHTR CHARTER COMMUNICATIONS INCCommunication Services0.8%$73.6m322,101–new
EXP EAGLE MATERIALS INCBasic Materials0.8%$69.7m903,8750.0%held
HSIC HENRY SCHEIN INCHealthcare0.7%$61.6m348,2600.0%held
CVA1EUR COVANTA HLDG CORP–0.7%$59.6m3.62m−20%reduced
ZTS ZOETIS INCHealthcare0.7%$57.1m1.20m–new
CAKE CHEESECAKE FACTORY INCConsumer Cyclical0.6%$55.8m1.16m+6.1%added
USB US BANCORPFinancial Services0.6%$52.5m1.30m0.0%held
UNP UNION PACIFIC CORPIndustrials0.4%$36.0m412,438−47%reduced
CX CEMEX SAB DE CVBasic Materials0.2%$19.7m3.19m+3.3%added
BAP CREDICORP LTDFinancial Services0.2%$16.4m106,193+6.2%added
LBEUR L BRANDS INC–0.2%$16.2m242,002–new
GRUPO FINANCIERO SANTANDER M no ticker–0.2%$15.5m1.71m−15%reduced

Exited since Q1 2016

6 rows
TIME WARNER CABLE INC no ticker1.5%$135m
FLT1EUR FLEETCOR TECHNOLOGIES INC1.2%$104m
SU SUNCOR ENERGY INC NEW0.8%$70.9m
BNY BANK OF NY MELLON CORP0.4%$31.2m
HLT HILTON WORLDWIDE HLDGS INC0.3%$29.5m
S9Q SPIRIT AEROSYSTEMS HLDGS INC0.3%$24.9m

Sector mix

  • Unclassified25.8%
  • Healthcare17.5%
  • Technology13.9%
  • Financial Services11.4%
  • Basic Materials8.0%
  • Industrials7.3%
  • Communication Services5.1%
  • Consumer Defensive4.8%
  • Consumer Cyclical3.1%
  • Real Estate3.0%

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