WhaleCreep

First Manhattan 13F holdings, Q2 1999

Long-only investorSEC filingsCompare with another fundHoldings as of 1999-06-30, filed 1999-07-13

First Manhattan disclosed 568 US equity positions worth $6.0bn in its Q2 1999 13F filing. Its largest position is 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. Versus Q1 1999 it opened 156 new positions, added to 133, reduced 191 and exited 30.

$6.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
568
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.8%
Largest position
The largest single position as a share of the reported equity book.
33.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
56
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
111
Quarters on file since Q1 1999
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q1 1999: 156 new, 133 added, 191 reduced, 30 exited

50 of 568
CENTERTRUST RETAIL PPTYS INC CONV BOND no ticker–6.8%$410m4.33m–new
AVATAR HOLDINGS INC CONV SUB CONV BOND no ticker–4.4%$261m2.88m–new
IMMUNEX CORP NEW no ticker–4.1%$244m1.91m−32%reduced
BAC BANK OF AMER CORPFinancial Services3.1%$186m2.54m–new
BAKER J INC SUB no ticker–3.1%$186m2.22m–new
IBM INTERNATIONAL BUSINESS MACHSTechnology2.9%$171m1.32m+96%added
FREDDIE MAC VOTING no ticker–2.7%$160m2.76m+0.3%held
JNJ JOHNSON & JOHNSONHealthcare2.2%$130m1.32m−1.9%reduced
NIELSEN MEDIA RESEARCH INC no ticker–2.1%$126m4.31m−5.7%reduced
FIRST DATA CORP no ticker–2.0%$120m2.45m−17%reduced
KMB KIMBERLY-CLARK CORPConsumer Defensive2.0%$119m2.09m−18%reduced
THERMO ELECTRON CORP CV S/D CONV BOND no ticker–2.0%$118m1.00m–new
AXP AMERICAN EXPRESS COFinancial Services1.9%$112m861,344−17%reduced
SNA SNAP ON INCIndustrials1.8%$105m2.91m−30%reduced
GE GENERAL ELECTRIC COIndustrials1.7%$102m906,566−1.5%reduced
DIME BANCORP INC NEW no ticker–1.5%$91.1m4.53m−1.7%reduced
DATA GENERAL CORP SUB DEB CONV CONV BOND no ticker–1.4%$83.6m500,000–new
GILLETTE CO no ticker–1.3%$78.6m1.92m−3.3%reduced
WENDYS INTL INC SUB DEB CONV CONV BOND no ticker–1.3%$77.6m750,000–new
GANNETT INC no ticker–1.2%$74.5m1.04m−1.2%reduced
TANDY CORP no ticker–1.2%$73.3m1.50m+99%added
DIS DISNEY WALT COCommunication Services1.1%$66.9m2.17m−4.0%reduced
AMGN AMGEN INCHealthcare1.1%$65.8m1.08m+4.7%added
NTRS NORTHERN TR CORPFinancial Services1.0%$62.4m643,072−1.9%reduced
NEWPORT NEWS SHIPBUILDING INC no ticker–1.0%$60.9m2.06m+11%added
UNUM CORP no ticker–1.0%$59.4m1.08m−32%reduced
HHS HARTE-HANKS INCIndustrials1.0%$58.9m2.17m−7.5%reduced
HERCULES INC CV S/D 8% 8/15/10 CONV BOND no ticker–0.9%$52.1m200,000–new
PRICE CO SUB DEB CONV CONV BOND no ticker–0.9%$51.4m500,000–new
NORTH FORK BANCORPORATION INC no ticker–0.8%$49.9m2.33m−0.1%held
LEUCADIA NATL CORP no ticker–0.8%$45.2m1.78m−2.8%reduced
KO COCA COLA COConsumer Defensive0.8%$45.1m727,818−1.1%reduced
BECKMAN COULTER INC no ticker–0.7%$43.0m885,195+62%added
ONEX CORP-SUB VTG no ticker–0.7%$40.3m2.13m+301%added
CORN PRODUCTS INTERNATIONAL no ticker–0.7%$39.6m1.30m−2.4%reduced
E W SCRIPPS CO NEW-CL A no ticker–0.6%$36.8m774,482−36%reduced
CVS CVS HEALTH CORPHealthcare0.6%$35.6m702,302−2.2%reduced
AZO AUTOZONE INCConsumer Cyclical0.6%$34.9m1.16m+56%added
WESTINGHOUSE AIR BRAKE CO NEW no ticker–0.6%$34.5m1.33m−2.4%reduced
FRONTIER CORP no ticker–0.6%$34.3m584,947−16%reduced
IT GARTNER INCTechnology0.6%$33.4m1.63m+14%added
BURLINGTON NORTHERN SANTA FE no ticker–0.5%$31.2m1.01m−29%reduced
RALCORP HOLDINGS INC NEW no ticker–0.5%$30.2m1.87m−0.2%held
WM WASTE MGMT INC DELIndustrials0.5%$30.0m557,500+4385%added
TCA CABLE TV INC no ticker–0.5%$28.9m521,514−3.6%reduced
HUSSMAN INTERNATIONAL INC no ticker–0.5%$27.9m1.69m+8.1%added
PBI PITNEY BOWES INCIndustrials0.4%$26.7m414,880−1.7%reduced
BMY BRISTOL-MYERS SQUIBB COHealthcare0.4%$26.2m371,578+9.8%added
VNO VORNADO RLTY TRReal Estate0.4%$25.7m729,110+0.8%added
AMERICAN INTERNATIONAL GROUP no ticker–0.4%$25.1m214,073−4.6%reduced

Exited since Q1 1999

30 rows
BANKAMERICA CORP NEW no ticker4.6%$210m
VARIAN ASSOCIATES no ticker0.3%$11.8m
LUCASVARITY PLC no ticker0.2%$10.6m
PERKIN ELMER CORPORATION no ticker0.2%$8.8m
AIT APPLIED INDL TECHNOLOGIES IN0.1%$5.6m
TIG HOLDINGS INC no ticker0.1%$5.4m
1ST BERGEN BANCORP no ticker0.1%$5.4m
LITTLE FALLS BANCORP INC no ticker0.08%$3.7m
FSS FEDERAL SIGNAL CORP0.08%$3.5m
H U B C O INC no ticker0.05%$2.3m
UNILEVER NV NEW YORK SHARES no ticker0.05%$2.1m
SUNDSTRAND CORP no ticker0.04%$1.8m
BANKERS TRUST N Y CORP no ticker0.04%$1.8m
NEW CANAAN BANK&TRUST CO-CONN no ticker0.04%$1.8m
***ELECTRA INVESTMENT TRUST no ticker0.03%$1.5m
COLUMBIA/HCA HEALTHCARE CORP no ticker0.03%$1.3m
ASCEND COMMUNICATIONS INC no ticker0.02%$1.1m
AIRTOUCH COMMUNICATIONS no ticker0.02%$1.1m
COMPAQ COMPUTER CORP no ticker0.02%$1.1m
GENERAL CABLE CORP DEL NEW no ticker0.02%$899k
FLORIDA BANKS INC no ticker0.01%$651k
ELECTRONIC DATA SYSTEMS CORP no ticker0.01%$626k
PINKERTONS INC NEW no ticker0.01%$580k
HARNISCHFEGER INDS INC no ticker0.01%$519k
SHELBY WILLIAMS INDS INC no ticker0.01%$439k
ESSEX INTERNATIONAL INC-DEL no ticker0.01%$401k
KEYSPAN ENERGY no ticker0.01%$340k
NINE WEST GROUP INC no ticker0.01%$271k
BROWN GROUP INC no ticker0.01%$264k
TOYS R US no ticker0.01%$243k

Sector mix

  • Unclassified67.9%
  • Financial Services8.0%
  • Industrials7.4%
  • Healthcare5.1%
  • Technology3.8%
  • Consumer Defensive3.7%
  • Communication Services1.3%
  • Consumer Cyclical1.0%
  • Real Estate1.0%
  • Basic Materials0.4%
  • Energy0.3%
  • Utilities0.09%

Book over time

Every quarter on file (111)
QuarterPositionsEquity book
Q2 2026741$39.2bn
Q1 2026752$36.1bn
Q4 2025728$38.1bn
Q3 2025714$37.9bn
Q2 2025698$35.4bn
Q1 2025678$34.3bn
Q4 2024680$34.1bn
Q3 2024682$33.7bn
Q2 2024669$31.2bn
Q1 20241,410$30.9bn
Q4 20231,436$28.8bn
Q3 20231,487$27.1bn
Q2 20231,423$27.3bn
Q1 20231,516$26.1bn
Q4 20221,678$27.3bn
Q3 20221,499$23.6bn
Q2 20221,533$24.8bn
Q1 20221,574$30.6bn
Q4 20211,558$30.3bn
Q3 20211,575$27.1bn
Q2 20211,546$27.4bn
Q1 20211,458$23.2bn
Q4 20201,320$20.9bn
Q3 20201,309$19.4bn
Q2 20201,367$17.3bn
Q1 20201,355$15.4bn
Q4 20191,286$19.9bn
Q3 20191,309$18.2bn
Q2 20191,353$18.0bn
Q1 20191,372$17.3bn
Q4 20181,352$16.1bn
Q3 20181,384$18.8bn
Q2 20181,341$17.3bn
Q1 20181,365$17.6bn
Q4 20171,435$18.3bn
Q3 20171,416$17.5bn
Q2 20171,378$17.1bn
Q1 20171,378$16.8bn
Q4 20161,361$16.4bn
Q3 20161,382$16.4bn
Q2 20161,448$16.3bn
Q1 20161,380$16.3bn
Q4 20151,405$16.3bn
Q3 20151,419$15.6bn
Q2 20151,436$16.9bn
Q1 20151,431$17.4bn
Q4 20141,464$17.7bn
Q3 20141,428$17.2bn
Q2 20141,403$15.8bn
Q1 20141,394$15.2bn
Q4 20131,359$15.1bn
Q3 20131,355$14.3bn
Q2 20131,351$14.5bn
Q1 2013654$8.8bn
Q4 2012656$8.0bn
Q3 2012675$8.1bn
Q2 2012660$7.7bn
Q1 2012677$7.8bn
Q4 2011677$6.9bn
Q3 2011661$6.5bn
Q2 2011692$7.8bn
Q1 2011691$7.6bn
Q4 2010698$7.2bn
Q3 2010697$6.5bn
Q2 2010674$5.7bn
Q1 2010681$6.3bn
Q4 2009680$5.9bn
Q3 2009666$5.7bn
Q2 2009649$4.7bn
Q1 2009649$3.8bn
Q4 2008666$4.7bn
Q3 2008709$6.6bn
Q2 2008745$7.3bn
Q1 2008726$7.2bn
Q4 2007749$7.8bn
Q3 2007764$8.1bn
Q2 2007768$8.2bn
Q1 2007748$7.8bn
Q4 2006748$7.7bn
Q3 2006739$7.3bn
Q2 2006728$7.1bn
Q1 2006728$7.2bn
Q4 2005712$6.6bn
Q3 2005707$6.6bn
Q2 2005706$7.1bn
Q2 2005696$6.5bn
Q1 2005692$6.4bn
Q4 2004683$6.5bn
Q3 2004668$5.9bn
Q2 2004656$5.7bn
Q1 2004643$5.5bn
Q4 2003640$5.5bn
Q3 2003619$5.0bn
Q2 2003604$4.7bn
Q1 2003602$4.0bn
Q4 2002605$4.1bn
Q3 2002582$3.9bn
Q2 2002587$4.5bn
Q1 2002591$4.7bn
Q4 2001590$4.7bn
Q3 2001572$4.2bn
Q2 2001522$3.7bn
Q1 2001573$4.4bn
Q4 2000576$4.6bn
Q3 2000557$4.5bn
Q2 2000559$4.3bn
Q1 2000596$4.3bn
Q4 1999585$4.5bn
Q3 1999557$4.7bn
Q2 1999568$6.0bn
Q1 1999442$4.6bn

Where First Manhattan was early

41 rows
BAC BANK OF AMER CORPQ2 19991 of 2323.1%3.3%108Held at last filing, Q2 2026+55%
DBD DIEBOLD NIXDORF INCQ2 19991 of 1050.05%3.8%31Exited by Q2 2023–
ESINQ ITT EDUCATIONAL SVCSQ2 19991 of 310.0%1.1%43Exited by Q3 2016−85%
ORCL ORACLE CORPQ2 199916 of 2560.0%3.0%109Held at last filing, Q2 2026+1479%
UNM UNUM GROUPQ3 19992 of 1171.3%1.3%77Exited by Q4 2020−43%
EXMOC EXXON MOBIL CORPQ4 19995 of 1930.5%1.1%107Held at last filing, Q2 2026+240%
F FORD MTR CO DELQ3 20001 of 1811.9%1.9%58Exited by Q2 2024−48%
FMC FMC CORPQ4 20001 of 1570.2%1.8%90Exited by Q2 2024+310%
GILD GILEAD SCIENCES INCQ1 20015 of 1810.07%3.0%102Held at last filing, Q2 2026+6120%
USB US BANCORPQ1 20015 of 1620.2%1.4%102Held at last filing, Q2 2026+160%
ZBH ZIMMER BIOMET HOLDINGS INCQ3 20013 of 1440.3%3.5%99Exited by Q2 2026+236%
MMM 3M COQ2 20023 of 1650.06%3.8%95Held at last filing, Q2 2026+215%
RRC RANGE RES CORPQ3 20022 of 1470.01%2.4%87Held at last filing, Q2 2026+1092%
COP CONOCOPHILLIPSQ3 20025 of 1550.02%1.7%96Held at last filing, Q2 2026+490%
CMCSA COMCAST CORP NEWQ4 20025 of 2190.02%1.4%95Held at last filing, Q2 2026+233%
MO ALTRIA GROUP INCQ1 20033 of 1530.7%1.2%94Held at last filing, Q2 2026+140%
SRE SEMPRAQ1 20042 of 1190.02%1.9%88Held at last filing, Q2 2026+483%
FHN FIRST HORIZON CORPORATIONQ2 20042 of 1650.6%1.8%79Exited by Q1 2024−67%
UNH UNITEDHEALTH GROUP INCQ2 20042 of 2990.09%3.3%89Held at last filing, Q2 2026+1235%
CNQ CANADIAN NAT RES LTD MED TERQ2 20043 of 1420.01%1.3%88Held at last filing, Q2 2026+993%
PXGBX PRAXAIR INCQ4 20042 of 680.0%1.3%52Exited by Q4 2018+264%
AAPL APPLE INCQ1 200524 of 2750.0%6.6%86Held at last filing, Q2 2026+19343%
AEE AMEREN CORPQ2 20051 of 1020.0%2.4%73Held at last filing, Q2 2026+104%
WU WESTERN UN COQ4 20065 of 1331.0%1.0%70Exited by Q2 2024−38%
TEVA TEVA PHARMACEUTICAL INDS LTDQ4 20069 of 1820.3%1.1%79Held at last filing, Q2 2026+9.0%
DHR DANAHER CORP DELQ2 200717 of 2350.01%2.5%73Held at last filing, Q2 2026+651%
S9Q SPIRIT AEROSYSTEMS HLDGS INCQ1 20082 of 1530.2%1.1%69Exited by Q2 2025+55%
PM PHILIP MORRIS INTL INCQ1 20089 of 1690.8%1.1%74Held at last filing, Q2 2026+258%
SNI SCRIPPS NETWORKSQ3 20085 of 800.9%1.3%38Exited by Q1 2018+135%
AZN ASTRAZENECA PLCQ4 20091 of 1531.4%1.4%67Held at last filing, Q2 2026+304%
BUD ANHEUSER BUSCH INBEV SA NVQ4 20112 of 1291.8%2.8%59Held at last filing, Q2 2026+35%
BRK/A BERKSHIRE HATHAWAY INC DELQ2 20134 of 6122.1%38.4%53Held at last filing, Q2 2026+344%
MSFT MICROSOFT CORPQ2 20138 of 3741.8%6.5%53Held at last filing, Q2 2026+980%
BRK/B BERKSHIRE HATHAWAY INC DELQ2 201311 of 1801.9%3.1%53Held at last filing, Q2 2026+347%
PRGO PERRIGO CO PLCQ1 201413 of 1720.01%1.6%25Exited by Q2 2024−79%
ARMK ARAMARKQ2 201412 of 1770.03%1.3%40Exited by Q2 2024+74%
KKR KKR & CO INCQ1 201922 of 2110.8%3.7%30Held at last filing, Q2 2026+291%
TPL TEXAS PACIFIC LAND CORPORATIQ1 20215 of 1001.0%1.4%22Held at last filing, Q2 2026+148%
PPLI IAC INCQ2 202115 of 1561.7%1.8%18Exited by Q4 2025−73%
BN BROOKFIELD CORPQ4 20228 of 1151.9%2.9%15Held at last filing, Q2 2026+103%
LB LANDBRIDGE COMPANY LLCQ2 20247 of 630.1%1.4%9Held at last filing, Q2 2026+242%

Concentration and tenure

6.3%
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.
Concentrated
Style, by median largest position
5
Median completed holding, quarters