First Manhattan 13F holdings, Q2 1999
Holdings as of June 30, 1999 · filings on SEC EDGAR · latest filing →
First Manhattan disclosed 568 US equity positions worth $6.0bn in its Q2 1999 13F filing. The largest position was CENTERTRUST RETAIL PPTYS INC CONV BOND at 6.8% of the reported book, followed by AVATAR HOLDINGS INC CONV SUB CONV BOND and IMMUNEX CORP NEW. Against the Q1 1999 filing, it opened 9 new positions, added to 12 and reduced 26 among the top 50 holdings.
What did First Manhattan own in Q2 1999? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 1999 |
|---|---|---|---|---|---|---|---|
| 1 | CENTERTRUST RETAIL PPTYS INC CONV BOND | 6.8% | $409.6m | 4,329,000 | – | new | |
| 2 | AVATAR HOLDINGS INC CONV SUB CONV BOND | 4.4% | $260.8m | 2,878,000 | – | new | |
| 3 | IMMUNEX CORP NEW | 4.1% | $243.8m | 1,913,030 | -32% | reduced | |
| 4 | BAC BANK OF AMERICA | Financial Services | 3.1% | $186.2m | 2,539,134 | – | new |
| 5 | BAKER J INC SUB | 3.1% | $185.5m | 2,222,000 | – | new | |
| 6 | IBM INTERNATIONAL BUSINESS MACHINE | Technology | 2.9% | $170.9m | 1,322,116 | 96% | added |
| 7 | FREDDIE MAC VOTING | 2.7% | $160.0m | 2,758,059 | 0% | held | |
| 8 | JNJ JOHNSON & JOHNSON | Healthcare | 2.2% | $129.6m | 1,322,656 | -2% | reduced |
| 9 | NIELSEN MEDIA RESEARCH INC | 2.1% | $126.1m | 4,311,881 | -6% | reduced | |
| 10 | FIRST DATA CORP | 2.0% | $120.1m | 2,454,137 | -17% | reduced | |
| 11 | KMB KIMBERLY CLARK CORP | Consumer Defensive | 2.0% | $119.3m | 2,093,031 | -18% | reduced |
| 12 | THERMO ELECTRON CORP CV S/D CONV BOND | 2.0% | $117.5m | 1,000,000 | – | new | |
| 13 | AXP AMERICAN EXPRESS CO | Financial Services | 1.9% | $112.1m | 861,344 | -17% | reduced |
| 14 | SNA SNAP - ON INC | Industrials | 1.8% | $105.5m | 2,914,081 | -30% | reduced |
| 15 | GE GENERAL ELECTRIC CO | Industrials | 1.7% | $102.4m | 906,566 | -1% | reduced |
| 16 | DIME BANCORP INC NEW | 1.5% | $91.1m | 4,528,181 | -2% | reduced | |
| 17 | DATA GENERAL CORP SUB DEB CONV CONV BOND | 1.4% | $83.6m | 500,000 | – | new | |
| 18 | GILLETTE CO | 1.3% | $78.6m | 1,917,215 | -3% | reduced | |
| 19 | WENDYS INTL INC SUB DEB CONV CONV BOND | 1.3% | $77.6m | 750,000 | – | new | |
| 20 | GANNETT CO INC DEL | 1.2% | $74.5m | 1,044,233 | -1% | reduced | |
| 21 | TANDY CORP | 1.2% | $73.3m | 1,500,680 | 99% | added | |
| 22 | DIS WALT DISNEY CO-DEL | Communication Services | 1.1% | $66.9m | 2,171,387 | -4% | reduced |
| 23 | AMGN AMGEN INC | Healthcare | 1.1% | $65.8m | 1,080,220 | 5% | added |
| 24 | NTRS NORTHERN TRUST CO | Financial Services | 1.0% | $62.4m | 643,072 | -2% | reduced |
| 25 | NEWPORT NEWS SHIPBUILDING INC | 1.0% | $60.9m | 2,062,975 | 11% | added | |
| 26 | UNUM CORP | 1.0% | $59.4m | 1,084,321 | -32% | reduced | |
| 27 | HHS HARTE HANKS COMMUNICATIONS INC | 1.0% | $58.9m | 2,170,010 | -7% | reduced | |
| 28 | HERCULES INC CV S/D 8% 8/15/10 CONV BOND | 0.9% | $52.1m | 200,000 | – | new | |
| 29 | PRICE CO SUB DEB CONV CONV BOND | 0.9% | $51.4m | 500,000 | – | new | |
| 30 | NORTH FORK BANCORPORATION INC | 0.8% | $49.9m | 2,333,518 | -0% | held | |
| 31 | LEUCADIA NATIONAL CORP | 0.8% | $45.2m | 1,779,390 | -3% | reduced | |
| 32 | KO COCA COLA CO | Consumer Defensive | 0.8% | $45.1m | 727,818 | -1% | reduced |
| 33 | BECKMAN COULTER INC | 0.7% | $43.0m | 885,195 | 62% | added | |
| 34 | ONEX CORP-SUB VTG | 0.7% | $40.3m | 2,129,138 | 301% | added | |
| 35 | CORN PRODUCTS INTERNATIONAL | 0.7% | $39.6m | 1,299,992 | -2% | reduced | |
| 36 | E W SCRIPPS CO NEW-CL A | 0.6% | $36.8m | 774,482 | -36% | reduced | |
| 37 | CVS CVS CORP | Healthcare | 0.6% | $35.6m | 702,302 | -2% | reduced |
| 38 | AZO AUTOZONE INC | Consumer Cyclical | 0.6% | $34.9m | 1,160,050 | 56% | added |
| 39 | WESTINGHOUSE AIR BRAKE CO NEW | 0.6% | $34.5m | 1,329,570 | -2% | reduced | |
| 40 | FRONTIER CORP | 0.6% | $34.3m | 584,947 | -16% | reduced | |
| 41 | IT GARTNER GROUP INC NEW-CL A | Technology | 0.6% | $33.4m | 1,630,700 | 14% | added |
| 42 | BURLINGTON NORTHERN SANTA FE | 0.5% | $31.2m | 1,005,357 | -29% | reduced | |
| 43 | RALCORP HOLDINGS INC NEW | 0.5% | $30.2m | 1,871,939 | -0% | held | |
| 44 | WM WASTE MANAGEMENT INC DEL | Industrials | 0.5% | $30.0m | 557,500 | 4385% | added |
| 45 | TCA CABLE TV INC | 0.5% | $28.9m | 521,514 | -4% | reduced | |
| 46 | HUSSMAN INTERNATIONAL INC | 0.5% | $27.9m | 1,686,125 | 8% | added | |
| 47 | PBI PITNEY BOWES INC | Industrials | 0.4% | $26.7m | 414,880 | -2% | reduced |
| 48 | BMY BRISTOL MYERS SQUIBB CO | Healthcare | 0.4% | $26.2m | 371,578 | 10% | added |
| 49 | VNO VORNADO REALTY TRUST | Real Estate | 0.4% | $25.7m | 729,110 | 1% | added |
| 50 | AMERICAN INTERNATIONAL GROUP | 0.4% | $25.1m | 214,073 | -5% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.