WhaleCreep

Findlay Park Partners 13F holdings, Q2 2017

Long-only investorSEC filingsCompare with another fundHoldings as of 2017-06-30, filed 2017-08-10

Findlay Park Partners disclosed 57 US equity positions worth $9.8bn in its Q2 2017 13F filing. Its largest position is MSFT at 5.9% of the reported book, followed by ACCENTURE PLC IRELAND and TMO. Versus Q1 2017 it opened 3 new positions, added to 19, reduced 17 and exited 7.

$9.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
57
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.9%
Largest position
The largest single position as a share of the reported equity book.
39.2%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
37
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 2017: 3 new, 19 added, 17 reduced, 7 exited

50 of 57
MSFT MICROSOFT CORPTechnology5.9%$575m8.35m0.0%held
ACCENTURE PLC IRELAND no ticker–4.2%$415m3.35m+8.8%added
TMO THERMO FISHER SCIENTIFIC INCHealthcare4.0%$394m2.26m+11%added
MMM 3M COIndustrials4.0%$391m1.88m+57%added
BRK/B BERKSHIRE HATHAWAY INC DEL–4.0%$388m2.29m+8.5%added
CMCSA COMCAST CORP NEWCommunication Services3.5%$348m8.93m−11%reduced
AXP AMERICAN EXPRESS COFinancial Services3.5%$341m4.05m+23%added
BDX BECTON DICKINSON & COHealthcare3.4%$337m1.73m+85%added
WFC WELLS FARGO & COFinancial Services3.3%$326m5.89m0.0%held
KO COCA COLA COConsumer Defensive3.3%$324m7.21m+51%added
WCN WASTE CONNECTIONS INCIndustrials3.0%$291m4.51m+17%added
NTRS NORTHERN TR CORPFinancial Services2.7%$267m2.74m0.0%held
V VISA INCFinancial Services2.6%$257m2.74m−6.3%reduced
EFX EQUIFAX INCIndustrials2.6%$256m1.86m0.0%held
ADBE ADOBE INCTechnology2.6%$253m1.79m−19%reduced
SCHW SCHWAB CHARLES CORPFinancial Services2.6%$252m5.86m+9.3%added
MA MASTERCARD INCFinancial Services2.5%$246m2.02m−26%reduced
DHR DANAHER CORP DELHealthcare2.3%$227m2.69m0.0%held
GOOG ALPHABET INCCommunication Services2.3%$223m245,355−7.8%reduced
FISV FISERV INC–2.2%$220m1.80m−29%reduced
META META PLATFORMS INCCommunication Services2.2%$217m1.44m+18%added
MSCI MSCI INCFinancial Services1.8%$174m1.69m+89%added
SHW SHERWIN WILLIAMS COBasic Materials1.7%$170m485,341+17%added
PPG PPG INDS INCBasic Materials1.7%$162m1.47m0.0%held
TXN TEXAS INSTRS INCTechnology1.6%$161m2.09m0.0%held
ZTS ZOETIS INCHealthcare1.6%$154m2.48m−7.5%reduced
ICE INTERCONTINENTAL EXCHANGE INFinancial Services1.5%$143m2.17m+2.4%added
BRO BROWN & BROWN INCFinancial Services1.4%$141m3.27m−22%reduced
AMT AMERICAN TOWER CORPReal Estate1.4%$138m1.04m0.0%held
WBC1EUR WABCO HLDGS INC–1.3%$132m1.03m0.0%held
NATIONAL INSTRS CORP no ticker–1.3%$124m3.07m−36%reduced
BAH BOOZ ALLEN HAMILTON HLDG CORIndustrials1.2%$120m3.70m+52%added
YUSD ALLEGHANY CORP DEL–1.2%$120m202,142+24%added
EOG EOG Resources IncEnergy1.2%$120m1.33m–new
MLM MARTIN MARIETTA MATLS INCBasic Materials1.2%$120m538,5600.0%held
HD HOME DEPOT INCConsumer Cyclical1.2%$116m755,319−43%reduced
WHR WHIRLPOOL CORPConsumer Cyclical1.2%$115m600,000−7.7%reduced
UNP UNION PACIFIC CORPIndustrials1.1%$112m1.03m0.0%held
PXGBX PRAXAIR INC–1.0%$93.8m707,7860.0%held
HSIC HENRY SCHEIN INCHealthcare0.9%$93.0m508,260−22%reduced
CHTR CHARTER COMMUNICATIONS INCCommunication Services0.9%$89.4m265,2890.0%held
FIS FIDELITY NATL INFORMATION SVTechnology0.9%$85.4m1.00m–new
TWXCHF TIME WARNER INC–0.9%$84.3m839,446+69%added
COOPER COS INC no ticker–0.8%$76.4m318,972+15%added
SNA SNAP ON INCIndustrials0.7%$68.7m435,0000.0%held
SPGI S&P GLOBAL INCFinancial Services0.7%$64.6m442,4550.0%held
CDK CDK GLOBAL INC–0.6%$62.1m1.00m+29%added
SSNC SS&C TECHNOLOGIES HLDGS INCTechnology0.6%$61.5m1.60m–new
FLIR FLIR SYS INC–0.6%$54.2m1.56m0.0%held
BAP CREDICORP LTDFinancial Services0.3%$25.6m142,743−4.3%reduced

Exited since Q1 2017

7 rows
BCRUSD BARD C R INC1.9%$176m
MDT Medtronic Plc1.3%$121m
CSCO CISCO SYS INC1.3%$120m
PG PROCTER & GAMBLE CO0.9%$83.4m
INTU INTUIT0.7%$70.6m
WAB WABTEC0.4%$35.1m
ITUB ITAU UNIBANCO HLDG S A0.07%$6.4m

Sector mix

  • Financial Services23.2%
  • Unclassified18.2%
  • Industrials12.8%
  • Healthcare12.3%
  • Technology11.6%
  • Communication Services9.0%
  • Basic Materials4.6%
  • Consumer Defensive3.5%
  • Consumer Cyclical2.4%
  • Real Estate1.4%
  • Energy1.2%

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