WhaleCreep

Findlay Park Partners 13F holdings, Q2 2018

Long-only investorSEC filingsCompare with another fundHoldings as of 2018-06-30, filed 2018-08-07

Findlay Park Partners disclosed 46 US equity positions worth $10.4bn in its Q2 2018 13F filing. Its largest position is MSFT at 6.4% of the reported book, followed by ACCENTURE PLC IRELAND and APD. Versus Q1 2018 it opened 2 new positions, added to 22, reduced 15 and exited 11.

$10.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
46
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.4%
Largest position
The largest single position as a share of the reported equity book.
44.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
32
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 2018: 2 new, 22 added, 15 reduced, 11 exited

46 rows
MSFT MICROSOFT CORPTechnology6.4%$671m6.80m−8.8%reduced
ACCENTURE PLC IRELAND no ticker–5.3%$554m3.38m+18%added
APD AIR PRODUCTS AND CHEMICALS IBasic Materials4.8%$498m3.20m+6.7%added
AXP AMERICAN EXPRESS COFinancial Services4.6%$480m4.89m+4.3%added
KO COCA COLA COConsumer Defensive4.3%$444m10.12m0.0%held
BDX BECTON DICKINSON & COHealthcare4.1%$430m1.79m+13%added
MMM 3M COIndustrials3.8%$401m2.04m−3.2%reduced
BRK/B BERKSHIRE HATHAWAY INC DEL–3.8%$398m2.13m+13%added
FIS FIDELITY NATL INFORMATION SVTechnology3.7%$384m3.63m+39%added
GOOG ALPHABET INCCommunication Services3.7%$382m342,7990.0%held
DHR DANAHER CORP DELHealthcare3.6%$377m3.83m+4.8%added
TMO THERMO FISHER SCIENTIFIC INCHealthcare3.0%$316m1.52m+8.9%added
WFC WELLS FARGO & COFinancial Services2.8%$295m5.32m+43%added
WCN WASTE CONNECTIONS INCIndustrials2.7%$281m3.73m−9.5%reduced
ADBE ADOBE INCTechnology2.7%$279m1.14m−22%reduced
YUSD ALLEGHANY CORP DEL–2.5%$261m454,362+34%added
UNP UNION PACIFIC CORPIndustrials2.3%$244m1.72m−11%reduced
SHW SHERWIN WILLIAMS COBasic Materials2.3%$241m591,000+18%added
EOG EOG Resources IncEnergy2.3%$239m1.92m+45%added
ADSK AUTODESK INCTechnology2.2%$234m1.79m+5.0%added
CMCSA COMCAST CORP NEWCommunication Services2.0%$213m6.50m+26%added
MSCI MSCI INCFinancial Services2.0%$209m1.26m−6.5%reduced
PB PROSPERITY BANCSHARES INCFinancial Services1.9%$200m2.92m+53%added
DE DEERE & COIndustrials1.8%$190m1.36m+86%added
SLB SLB LIMITEDEnergy1.5%$152m2.27m0.0%held
MLM MARTIN MARIETTA MATLS INCBasic Materials1.4%$151m674,423+20%added
MO ALTRIA GROUP INCConsumer Defensive1.4%$142m2.50m0.0%held
HOG HARLEY DAVIDSON INCConsumer Cyclical1.3%$135m3.20m+78%added
TXN TEXAS INSTRS INCTechnology1.2%$126m1.14m−23%reduced
HLT HILTON WORLDWIDE HLDGS INCConsumer Cyclical1.2%$124m1.56m+371%added
MRSH MARSH & MCLENNAN COS INCFinancial Services1.1%$118m1.44m0.0%held
SCHW SCHWAB CHARLES CORPFinancial Services1.1%$117m2.29m0.0%held
ICE INTERCONTINENTAL EXCHANGE INFinancial Services1.1%$114m1.56m−11%reduced
CDK CDK GLOBAL INC–1.1%$114m1.75m+25%added
FISV FISERV INC–1.1%$113m1.52m+27%added
CBSH COMMERCE BANCSHARES INCFinancial Services0.9%$97.1m1.50m+16%added
NDAQ NASDAQ INCFinancial Services0.9%$91.3m1.00m−9.1%reduced
CL COLGATE PALMOLIVE COConsumer Defensive0.9%$90.7m1.40m−6.7%reduced
AMT AMERICAN TOWER CORPReal Estate0.8%$87.6m607,714−16%reduced
PPG PPG INDS INCBasic Materials0.7%$74.8m721,167−34%reduced
FTV FORTIVE CORPTechnology0.7%$69.4m900,000–new
AON AON PLCFinancial Services0.6%$64.1m466,9790.0%held
ZTS ZOETIS INCHealthcare0.6%$62.3m731,247−12%reduced
ALLE ALLEGION PLCIndustrials0.6%$62.1m803,256−29%reduced
COOPER COS INC no ticker–0.5%$53.5m227,306–new
BKIEUR BLACK KNIGHT INC–0.4%$42.3m790,002−66%reduced

Exited since Q1 2018

11 rows
TWXCHF TIME WARNER INC3.4%$344m
V VISA INC1.8%$179m
ABEV AMBEV SA0.2%$23.2m
BAP CREDICORP LTD0.2%$22.3m
PAM PAMPA ENERGIA SA0.2%$15.2m
MA MASTERCARD INC0.1%$12.5m
BMA BANCO MACRO S A0.1%$10.1m
AVAL GRUPO AVAL ACCIONES Y VALORE0.05%$5.3m
SUPV GRUPO SUPERVIELLE S.A.0.04%$4.4m
GGAL GRUPO FINANCIERO GALICIA S.A0.02%$2.0m
CIBEUR BANCOLOMBIA S A0.02%$1.8m

Sector mix

  • Financial Services17.1%
  • Technology16.9%
  • Unclassified14.7%
  • Healthcare11.4%
  • Industrials11.3%
  • Basic Materials9.3%
  • Consumer Defensive6.5%
  • Communication Services5.7%
  • Energy3.8%
  • Consumer Cyclical2.5%
  • Real Estate0.8%

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