WhaleCreep

Findlay Park Partners 13F holdings, Q1 2019

Long-only investorSEC filingsCompare with another fundHoldings as of 2019-03-31, filed 2019-05-03

Findlay Park Partners disclosed 45 US equity positions worth $10.9bn in its Q1 2019 13F filing. Its largest position is DHR at 5.6% of the reported book, followed by MSFT and APD. Versus Q4 2018 it opened 2 new positions, added to 9, reduced 19 and exited 5.

$10.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
45
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.6%
Largest position
The largest single position as a share of the reported equity book.
43.4%
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 Q4 2018: 2 new, 9 added, 19 reduced, 5 exited

45 rows
DHR DANAHER CORP DELHealthcare5.6%$612m4.63m+0.9%added
MSFT MICROSOFT CORPTechnology5.5%$599m5.08m−19%reduced
APD AIR PRODUCTS AND CHEMICALS IBasic Materials4.9%$531m2.78m−15%reduced
BDX BECTON DICKINSON & COHealthcare4.7%$512m2.05m0.0%held
FIS FIDELITY NATL INFORMATION SVTechnology4.4%$481m4.25m0.0%held
BRK/B BERKSHIRE HATHAWAY INC DEL–4.0%$435m2.16m+8.2%added
CMCSA COMCAST CORP NEWCommunication Services3.8%$416m10.40m0.0%held
GOOG ALPHABET INCCommunication Services3.6%$395m336,4050.0%held
ACCENTURE PLC IRELAND no ticker–3.5%$376m2.14m−16%reduced
AXP AMERICAN EXPRESS COFinancial Services3.4%$368m3.37m+25%added
LYV LIVE NATION ENTERTAINMENT INCommunication Services3.3%$358m5.63m+11%added
FISV FISERV INC–3.1%$340m3.85m+144%added
WCN WASTE CONNECTIONS INCIndustrials3.1%$332m3.75m−9.4%reduced
DE DEERE & COIndustrials2.7%$293m1.83m0.0%held
WFC WELLS FARGO & COFinancial Services2.7%$292m6.04m−9.5%reduced
SHW SHERWIN WILLIAMS COBasic Materials2.6%$285m661,188−11%reduced
KO COCA COLA COConsumer Defensive2.6%$282m6.01m−26%reduced
EOG EOG Resources IncEnergy2.6%$280m2.94m+33%added
ADSK AUTODESK INCTechnology2.4%$263m1.69m0.0%held
MMM 3M COIndustrials2.2%$240m1.16m−29%reduced
TMO THERMO FISHER SCIENTIFIC INCHealthcare2.2%$240m875,0000.0%held
A AGILENT TECHNOLOGIES INCHealthcare2.2%$238m2.96m–new
HLT HILTON WORLDWIDE HLDGS INCConsumer Cyclical2.2%$235m2.83m0.0%held
SCHW SCHWAB CHARLES CORPFinancial Services1.9%$210m4.92m−12%reduced
COOPER COS INC no ticker–1.7%$181m612,748−17%reduced
YUSD ALLEGHANY CORP DEL–1.6%$180m293,176−25%reduced
ADI ANALOG DEVICES INCTechnology1.6%$175m1.66m+133%added
MLM MARTIN MARIETTA MATLS INCBasic Materials1.5%$169m838,0670.0%held
NDAQ NASDAQ INCFinancial Services1.5%$164m1.88m0.0%held
PB PROSPERITY BANCSHARES INCFinancial Services1.5%$163m2.35m−17%reduced
MRSH MARSH & MCLENNAN COS INCFinancial Services1.4%$157m1.67m0.0%held
ICE INTERCONTINENTAL EXCHANGE INFinancial Services1.4%$151m1.99m+29%added
UTXZ UNITED TECHNOLOGIES CORP–1.3%$145m1.13m0.0%held
AEM AGNICO EAGLE MINES LTDBasic Materials1.0%$111m2.55m0.0%held
TEL TE CONNECTIVITY LTDTechnology0.9%$102m1.27m+25%added
AON AON PLCFinancial Services0.8%$92.0m539,2440.0%held
MA MASTERCARD INCFinancial Services0.8%$82.4m350,000−33%reduced
SSNC SS&C TECHNOLOGIES HLDGS INCTechnology0.7%$74.6m1.17m–new
ADBE ADOBE INCTechnology0.7%$74.2m278,484−15%reduced
TMUS T-MOBILE US INCCommunication Services0.7%$71.7m1.04m−20%reduced
CBSH COMMERCE BANCSHARES INCFinancial Services0.6%$61.4m1.06m−33%reduced
TXN TEXAS INSTRS INCTechnology0.5%$52.8m497,313−67%reduced
MSCI MSCI INCFinancial Services0.4%$38.6m194,0410.0%held
UNP UNION PACIFIC CORPIndustrials0.1%$15.2m90,791−86%reduced
AMT AMERICAN TOWER CORPReal Estate0.1%$13.5m68,471−59%reduced

Exited since Q4 2018

5 rows
TWENTY FIRST CENTY FOX INC no ticker3.2%$333m
Agilent Technologies Inc no ticker2.3%$246m
SLB SLB LIMITED1.0%$102m
CDK CDK GLOBAL INC0.6%$59.9m
HOG HARLEY DAVIDSON INC0.2%$23.4m

Sector mix

  • Technology16.7%
  • Financial Services16.4%
  • Unclassified15.2%
  • Healthcare14.7%
  • Communication Services11.4%
  • Basic Materials10.1%
  • Industrials8.1%
  • Consumer Defensive2.6%
  • Energy2.6%
  • Consumer Cyclical2.2%
  • Real Estate0.1%

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