First Manhattan 13F holdings, Q3 1999
Holdings as of September 30, 1999 · filings on SEC EDGAR · latest filing →
First Manhattan disclosed 557 US equity positions worth $4.7bn in its Q3 1999 13F filing. The largest position was AVATAR HOLDINGS INC CONV SUB CONV BOND at 5.2% of the reported book, followed by IMMUNEX CORP NEW and BAKER J INC SUB. Against the Q2 1999 filing, it opened 2 new positions, added to 16 and reduced 29 among the top 50 holdings.
What did First Manhattan own in Q3 1999? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 1999 |
|---|---|---|---|---|---|---|---|
| 1 | AVATAR HOLDINGS INC CONV SUB CONV BOND | 5.2% | $246.9m | 2,822,000 | -2% | reduced | |
| 2 | IMMUNEX CORP NEW | 4.0% | $187.0m | 2,967,923 | 55% | added | |
| 3 | BAKER J INC SUB | 3.8% | $179.7m | 2,260,000 | 2% | added | |
| 4 | BAC BANK OF AMERICA | Financial Services | 3.3% | $156.5m | 2,429,032 | -4% | reduced |
| 5 | FREDDIE MAC VOTING | 3.2% | $149.8m | 2,773,263 | 1% | added | |
| 6 | JNJ JOHNSON & JOHNSON | Healthcare | 2.9% | $136.0m | 1,298,445 | -2% | reduced |
| 7 | KMB KIMBERLY CLARK CORP | Consumer Defensive | 2.7% | $126.9m | 2,013,916 | -4% | reduced |
| 8 | IBM INTERNATIONAL BUSINESS MACHINE | Technology | 2.7% | $126.5m | 1,287,699 | -3% | reduced |
| 9 | AXP AMERICAN EXPRESS CO | Financial Services | 2.6% | $123.8m | 803,625 | -7% | reduced |
| 10 | GE GENERAL ELECTRIC CO | Industrials | 2.6% | $120.7m | 890,475 | -2% | reduced |
| 11 | FIRST DATA CORP | 2.3% | $108.9m | 2,383,412 | -3% | reduced | |
| 12 | SNA SNAP - ON INC | Industrials | 2.0% | $94.4m | 3,108,681 | 7% | added |
| 13 | DIME BANCORP INC NEW | 1.8% | $84.6m | 4,731,982 | 5% | added | |
| 14 | AMGN AMGEN INC | Healthcare | 1.7% | $78.3m | 981,550 | -9% | reduced |
| 15 | GANNETT CO INC DEL | 1.7% | $78.2m | 1,013,733 | -3% | reduced | |
| 16 | GILLETTE CO | 1.5% | $69.2m | 1,907,750 | -0% | held | |
| 17 | NEWPORT NEWS SHIPBUILDING INC | 1.4% | $64.1m | 2,110,075 | 2% | added | |
| 18 | UNM UNUMPROVIDENT CORP | Financial Services | 1.3% | $60.2m | 1,826,557 | – | new |
| 19 | NTRS NORTHERN TRUST CO | Financial Services | 1.3% | $59.3m | 613,718 | -5% | reduced |
| 20 | DIS WALT DISNEY CO-DEL | Communication Services | 1.2% | $56.6m | 2,134,072 | -2% | reduced |
| 21 | NORTH FORK BANCORPORATION INC | 1.1% | $50.2m | 2,433,966 | 4% | added | |
| 22 | CVS CVS CORP | Healthcare | 1.0% | $46.4m | 1,069,252 | 52% | added |
| 23 | KO COCA COLA CO | Consumer Defensive | 0.9% | $42.7m | 723,806 | -1% | reduced |
| 24 | BECKMAN COULTER INC | 0.9% | $40.3m | 875,345 | -1% | reduced | |
| 25 | ONEX CORP-SUB VTG | 0.9% | $40.2m | 2,140,838 | 1% | added | |
| 26 | RALCORP HOLDINGS INC NEW | 0.9% | $40.2m | 2,061,939 | 10% | added | |
| 27 | HHS HARTE HANKS COMMUNICATIONS INC | 0.8% | $40.0m | 2,018,410 | -7% | reduced | |
| 28 | LEUCADIA NATIONAL CORP | 0.8% | $39.9m | 1,702,486 | -4% | reduced | |
| 29 | CORN PRODUCTS INTERNATIONAL | 0.8% | $38.8m | 1,192,692 | -8% | reduced | |
| 30 | OLSTEN CORP | 0.7% | $33.4m | 3,319,486 | -4% | reduced | |
| 31 | E W SCRIPPS CO NEW-CL A | 0.7% | $33.4m | 722,382 | -7% | reduced | |
| 32 | HERCULES INC CV S/D 8% 8/15/10 CONV BOND | 0.7% | $32.2m | 200,000 | 0% | held | |
| 33 | MAN MANPOWER INC-WIS | Industrials | 0.7% | $31.1m | 886,031 | -3% | reduced |
| 34 | AZO AUTOZONE INC | Consumer Cyclical | 0.6% | $29.8m | 1,121,850 | -3% | reduced |
| 35 | SARA LEE CORP | 0.6% | $27.9m | 1,030,465 | 147% | added | |
| 36 | BURLINGTON NORTHERN SANTA FE | 0.6% | $27.7m | 867,726 | -14% | reduced | |
| 37 | AMERICAN INTL GROUP | 0.6% | $26.7m | 259,106 | 21% | added | |
| 38 | HUSSMAN INTERNATIONAL INC | 0.6% | $26.3m | 1,643,025 | -3% | reduced | |
| 39 | BMY BRISTOL MYERS SQUIBB CO | Healthcare | 0.6% | $26.2m | 341,719 | -8% | reduced |
| 40 | BAX BAXTER INTERNATIONAL INC | Healthcare | 0.5% | $24.5m | 377,050 | 4% | added |
| 41 | WESTINGHOUSE AIR BRAKE CO NEW | 0.5% | $24.4m | 1,326,400 | -0% | held | |
| 42 | CPT CAMDEN PROPERTY TRUST-SBI | Real Estate | 0.5% | $23.1m | 852,420 | -6% | reduced |
| 43 | VNO VORNADO REALTY TRUST | Real Estate | 0.5% | $22.9m | 722,548 | -1% | reduced |
| 44 | SYK STRYKER CORP | Healthcare | 0.5% | $21.5m | 348,200 | -1% | reduced |
| 45 | WASHINGTON POST CO | 0.5% | $21.4m | 40,250 | -2% | reduced | |
| 46 | GLOBAL CROSSING LTD | 0.4% | $21.2m | 611,885 | – | new | |
| 47 | WILMINGTON TRUST CORP | 0.4% | $21.2m | 390,400 | 41% | added | |
| 48 | COMPASS BANCSHARES INC | 0.4% | $21.1m | 791,059 | -3% | reduced | |
| 49 | MCY MERCURY GENERAL CORP-NEW | Financial Services | 0.4% | $21.1m | 747,450 | 9% | added |
| 50 | UCAR INTERNATIONAL INC | 0.4% | $20.7m | 1,059,360 | 105% | added |
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.