WhaleCreep

Findlay Park Partners 13F holdings, Q1 2020

Long-only investorSEC filingsCompare with another fundHoldings as of 2020-03-31, filed 2020-05-14

Findlay Park Partners disclosed 48 US equity positions worth $10.4bn in its Q1 2020 13F filing. Its largest position is MSFT at 7.0% of the reported book, followed by BDX and TMUS. Versus Q4 2019 it opened 6 new positions, added to 19, reduced 12 and exited 10.

$10.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
48
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.0%
Largest position
The largest single position as a share of the reported equity book.
50.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
29
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 2019: 6 new, 19 added, 12 reduced, 10 exited

48 rows
MSFT MICROSOFT CORPTechnology7.0%$729m4.62m−1.8%reduced
BDX BECTON DICKINSON & COHealthcare6.0%$622m2.71m+12%added
TMUS T-MOBILE US INCCommunication Services5.1%$526m6.27m+326%added
BRK/B BERKSHIRE HATHAWAY INC DEL–5.0%$523m2.86m+14%added
FISV FISERV INC–4.9%$511m5.38m+16%added
APD AIR PRODUCTS AND CHEMICALS IBasic Materials4.8%$503m2.52m+8.6%added
INTU INTUITTechnology4.8%$496m2.16m+53%added
FIS FIDELITY NATL INFORMATION SVTechnology4.7%$485m3.99m0.0%held
DHR DANAHER CORP DELHealthcare4.6%$473m3.42m−3.3%reduced
CMCSA COMCAST CORP NEWCommunication Services3.9%$402m11.69m+6.0%added
A AGILENT TECHNOLOGIES INCHealthcare3.1%$322m4.50m0.0%held
GOOG ALPHABET INCCommunication Services2.8%$289m248,939−29%reduced
WCN WASTE CONNECTIONS INCIndustrials2.7%$283m3.65m−3.4%reduced
UNH UNITEDHEALTH GROUP INCHealthcare2.3%$243m975,000+290%added
AMZN AMAZON COM INCConsumer Cyclical2.3%$237m121,412–new
MRSH MARSH & MCLENNAN COS INCFinancial Services2.3%$235m2.72m+33%added
TMO THERMO FISHER SCIENTIFIC INCHealthcare2.1%$214m756,2730.0%held
NDAQ NASDAQ INCFinancial Services1.9%$198m2.09m+11%added
SCHW SCHWAB CHARLES CORPFinancial Services1.9%$195m5.80m+25%added
DE DEERE & COIndustrials1.9%$193m1.39m0.0%held
ATVIEUR ACTIVISION BLIZZARD INC–1.8%$187m3.15m–new
EOG EOG Resources IncEnergy1.7%$173m4.82m0.0%held
MA MASTERCARD INCFinancial Services1.6%$169m700,000–new
YUSD ALLEGHANY CORP DEL–1.6%$167m301,582+24%added
ICE INTERCONTINENTAL EXCHANGE INFinancial Services1.4%$150m1.86m+16%added
SHW SHERWIN WILLIAMS COBasic Materials1.3%$139m302,920−35%reduced
KO COCA COLA COConsumer Defensive1.3%$139m3.14m0.0%held
MCD MCDONALDS CORPConsumer Cyclical1.3%$139m840,000+118%added
JECUSD JACOBS ENGR GROUP INC–1.3%$137m1.73m+97%added
ALC ALCON INCHealthcare1.3%$131m2.58m0.0%held
AEM AGNICO EAGLE MINES LTDBasic Materials1.0%$108m2.73m−23%reduced
TXN TEXAS INSTRS INCTechnology1.0%$108m1.08m+38%added
ICUI ICU MED INCHealthcare0.9%$90.8m450,0000.0%held
TRU TRANSUNIONFinancial Services0.8%$87.7m1.32m+51%added
AON AON PLCFinancial Services0.8%$87.6m530,928−1.5%reduced
TEL TE CONNECTIVITY LTDTechnology0.8%$83.6m1.33m−30%reduced
ADI ANALOG DEVICES INCTechnology0.8%$79.6m888,294−28%reduced
UNP UNION PACIFIC CORPIndustrials0.6%$64.2m455,0210.0%held
IEX IDEX CORPIndustrials0.6%$63.5m460,0000.0%held
PB PROSPERITY BANCSHARES INCFinancial Services0.6%$61.6m1.28m−57%reduced
COOPER COS INC no ticker–0.6%$61.4m222,748−33%reduced
SPGI S&P GLOBAL INCFinancial Services0.6%$58.6m239,102–new
ELV ELEVANCE HEALTH INCHealthcare0.5%$56.8m250,000+233%added
MLM MARTIN MARIETTA MATLS INCBasic Materials0.5%$51.7m273,1410.0%held
CTAS CINTAS CORPIndustrials0.4%$44.2m255,160+81%added
HD HOME DEPOT INCConsumer Cyclical0.4%$41.7m223,278–new
KEYS KEYSIGHT TECHNOLOGIES INCTechnology0.3%$28.0m334,847–new
ADSK AUTODESK INCTechnology0.10%$10.4m66,477−96%reduced

Exited since Q4 2019

10 rows
LYV LIVE NATION ENTERTAINMENT IN4.2%$540m
HLT HILTON WORLDWIDE HLDGS INC2.5%$319m
AXP AMERICAN EXPRESS CO2.5%$314m
ACCENTURE PLC IRELAND no ticker1.4%$183m
WFC WELLS FARGO & CO1.2%$159m
ADBE ADOBE INC0.9%$109m
DIS DISNEY WALT CO0.8%$99.5m
SSNC SS&C TECHNOLOGIES HLDGS INC0.6%$80.1m
CBSH COMMERCE BANCSHARES INC0.6%$75.5m
NVST ENVISTA HOLDINGS CORPORATION0.1%$18.0m

Sector mix

  • Healthcare20.7%
  • Technology19.4%
  • Unclassified15.2%
  • Financial Services12.0%
  • Communication Services11.7%
  • Basic Materials7.7%
  • Industrials6.2%
  • Consumer Cyclical4.0%
  • Energy1.7%
  • Consumer Defensive1.3%

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