WhaleCreep

Findlay Park Partners 13F holdings, Q3 2018

Long-only investorSEC filingsCompare with another fundHoldings as of 2018-09-30, filed 2018-11-07

Findlay Park Partners disclosed 47 US equity positions worth $11.3bn in its Q3 2018 13F filing. Its largest position is MSFT at 6.3% of the reported book, followed by APD and BDX. Versus Q2 2018 it opened 4 new positions, added to 12, reduced 19 and exited 3.

$11.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
47
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.3%
Largest position
The largest single position as a share of the reported equity book.
42.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
33
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 Q2 2018: 4 new, 12 added, 19 reduced, 3 exited

47 rows
MSFT MICROSOFT CORPTechnology6.3%$709m6.20m−8.9%reduced
APD AIR PRODUCTS AND CHEMICALS IBasic Materials4.6%$516m3.09m−3.5%reduced
BDX BECTON DICKINSON & COHealthcare4.2%$468m1.79m0.0%held
KO COCA COLA COConsumer Defensive4.1%$467m10.12m0.0%held
ACCENTURE PLC IRELAND no ticker–4.1%$463m2.72m−20%reduced
AXP AMERICAN EXPRESS COFinancial Services4.1%$460m4.32m−12%reduced
BRK/B BERKSHIRE HATHAWAY INC DEL–3.9%$438m2.05m−3.9%reduced
FIS FIDELITY NATL INFORMATION SVTechnology3.8%$431m3.95m+9.0%added
MMM 3M COIndustrials3.7%$415m1.97m−3.4%reduced
GOOG ALPHABET INCCommunication Services3.6%$409m342,7990.0%held
DHR DANAHER CORP DELHealthcare3.5%$399m3.67m−3.9%reduced
TWENTY FIRST CENTY FOX INC no ticker–3.0%$335m7.24m–new
CMCSA COMCAST CORP NEWCommunication Services2.9%$326m9.20m+42%added
TMO THERMO FISHER SCIENTIFIC INCHealthcare2.8%$317m1.30m−15%reduced
WFC WELLS FARGO & COFinancial Services2.8%$316m6.02m+13%added
SHW SHERWIN WILLIAMS COBasic Materials2.7%$303m666,000+13%added
WCN WASTE CONNECTIONS INCIndustrials2.6%$298m3.73m0.0%held
YUSD ALLEGHANY CORP DEL–2.6%$290m444,705−2.1%reduced
EOG EOG Resources IncEnergy2.2%$243m1.91m−0.9%reduced
PB PROSPERITY BANCSHARES INCFinancial Services2.1%$234m3.38m+15%added
ADSK AUTODESK INCTechnology2.1%$232m1.49m−17%reduced
COOPER COS INC no ticker–1.8%$205m738,824+225%added
DE DEERE & COIndustrials1.8%$204m1.36m0.0%held
UNP UNION PACIFIC CORPIndustrials1.6%$179m1.10m−36%reduced
LYV LIVE NATION ENTERTAINMENT INCommunication Services1.6%$176m3.24m–new
SLB SLB LIMITEDEnergy1.5%$172m2.82m+24%added
MLM MARTIN MARIETTA MATLS INCBasic Materials1.4%$156m857,091+27%added
HLT HILTON WORLDWIDE HLDGS INCConsumer Cyclical1.4%$154m1.91m+22%added
ICE INTERCONTINENTAL EXCHANGE INFinancial Services1.3%$146m1.95m+25%added
HOG HARLEY DAVIDSON INCConsumer Cyclical1.3%$145m3.20m0.0%held
SCHW SCHWAB CHARLES CORPFinancial Services1.2%$138m2.81m+22%added
Agilent Technologies Inc no ticker–1.2%$135m1.91m–new
FISV FISERV INC–1.1%$126m1.52m0.0%held
MO ALTRIA GROUP INCConsumer Defensive1.1%$119m1.98m−21%reduced
MRSH MARSH & MCLENNAN COS INCFinancial Services1.1%$119m1.44m0.0%held
MSCI MSCI INCFinancial Services1.0%$112m629,829−50%reduced
CDK CDK GLOBAL INC–1.0%$109m1.75m0.0%held
ADBE ADOBE INCTechnology1.0%$108m398,270−65%reduced
NDAQ NASDAQ INCFinancial Services0.8%$94.4m1.10m+10%added
TXN TEXAS INSTRS INCTechnology0.8%$92.9m865,707−24%reduced
AEM AGNICO EAGLE MINES LTDBasic Materials0.8%$87.1m2.55m–new
PPG PPG INDS INCBasic Materials0.7%$78.7m721,1670.0%held
FTV FORTIVE CORPTechnology0.7%$75.8m900,0000.0%held
AON AON PLCFinancial Services0.6%$71.8m466,9790.0%held
AMT AMERICAN TOWER CORPReal Estate0.6%$71.7m493,149−19%reduced
CBSH COMMERCE BANCSHARES INCFinancial Services0.6%$66.0m1.00m−33%reduced
CL COLGATE PALMOLIVE COConsumer Defensive0.5%$55.2m825,000−41%reduced

Exited since Q2 2018

3 rows
ZTS ZOETIS INC0.6%$62.3m
ALLE ALLEGION PLC0.6%$62.1m
BKIEUR BLACK KNIGHT INC0.4%$42.3m

Sector mix

  • Unclassified18.7%
  • Financial Services15.6%
  • Technology14.6%
  • Healthcare10.5%
  • Basic Materials10.1%
  • Industrials9.7%
  • Communication Services8.1%
  • Consumer Defensive5.7%
  • Energy3.7%
  • Consumer Cyclical2.7%
  • Real Estate0.6%

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