First Manhattan 13F holdings, Q1 2008
Holdings as of March 31, 2008 · filings on SEC EDGAR · latest filing →
First Manhattan disclosed 726 US equity positions worth $7.2bn in its Q1 2008 13F filing. The largest position was LEUCADIA NATIONAL at 4.6% of the reported book, followed by GE and ZBH. Against the Q4 2007 filing, it opened 3 new positions, added to 16 and reduced 25 among the top 50 holdings.
What did First Manhattan own in Q1 2008? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2007 |
|---|---|---|---|---|---|---|---|
| 1 | LEUCADIA NATIONAL | 4.6% | $328.7m | 7,268,444 | -2% | reduced | |
| 2 | GE GENERAL ELECTRIC CO | Industrials | 4.0% | $292.2m | 7,894,477 | -0% | held |
| 3 | ZBH ZIMMER HLDGS INC | Healthcare | 3.5% | $252.8m | 3,246,339 | 15% | added |
| 4 | CVS CVS CORP | Healthcare | 3.1% | $220.8m | 5,449,529 | -6% | reduced |
| 5 | JNJ JOHNSON & JOHNSON | Healthcare | 3.0% | $218.7m | 3,371,625 | -0% | held |
| 6 | ONEX CORP-SUB VTG | 3.0% | $216.5m | 7,420,296 | -1% | reduced | |
| 7 | PG PROCTER & GAMBLE CO | Consumer Defensive | 2.7% | $196.2m | 2,799,379 | -1% | reduced |
| 8 | BROOKFIELD ASSET MGMT INC VTG | 2.7% | $191.6m | 7,142,231 | 1% | added | |
| 9 | RRC RANGE RES CORP | Energy | 2.4% | $172.5m | 2,719,215 | -7% | reduced |
| 10 | AXP AMERICAN EXPRESS CO | Financial Services | 2.3% | $163.5m | 3,738,671 | 11% | added |
| 11 | MMM 3M CO | Industrials | 2.0% | $143.7m | 1,815,462 | -1% | reduced |
| 12 | IBM INTERNATIONAL BUSINESS MACHINE | Technology | 1.9% | $134.7m | 1,169,834 | -1% | reduced |
| 13 | LIBERTY MEDIA CORP NEW ENTMT | 1.4% | $103.2m | 4,558,156 | – | new | |
| 14 | SRE SEMPRA ENERGY | Utilities | 1.4% | $101.8m | 1,910,758 | 3% | added |
| 15 | ORI OLD REPUBLIC INTERNATIONAL | Financial Services | 1.4% | $97.5m | 7,554,765 | 4% | added |
| 16 | KEL KELLOGG CO | 1.3% | $94.4m | 1,796,713 | -1% | reduced | |
| 17 | BAC BANK OF AMERICA | Financial Services | 1.3% | $91.5m | 2,412,695 | -9% | reduced |
| 18 | SKF FRUEHER AB SVENSKA | 1.2% | $84.4m | 4,229,360 | 5% | added | |
| 19 | GLAXOSMITHKLINE PLC | 1.0% | $74.6m | 1,758,490 | -6% | reduced | |
| 20 | CMCSA COMCAST CORP | Communication Services | 1.0% | $74.3m | 3,839,921 | -1% | reduced |
| 21 | E W SCRIPPS CO NEW-CL A | 1.0% | $69.7m | 1,659,061 | -6% | reduced | |
| 22 | MCO MOODYS CORP | Financial Services | 1.0% | $68.9m | 1,977,809 | -3% | reduced |
| 23 | CBS CORP | 0.9% | $67.6m | 3,060,941 | -3% | reduced | |
| 24 | ERSTE BANK DER OESTERREICHISCH | 0.9% | $67.4m | 1,035,772 | 22% | added | |
| 25 | PXGBX PRAXAIR INC | 0.9% | $65.3m | 774,926 | 1% | added | |
| 26 | SCHERING-PLOUGH CORP | 0.9% | $65.0m | 4,512,134 | 14976% | added | |
| 27 | GILD GILEAD SCIENCES INC | Healthcare | 0.9% | $62.4m | 1,210,148 | 0% | held |
| 28 | CNQ CANADIAN NATURAL RES LTD | Energy | 0.9% | $62.0m | 908,875 | -1% | reduced |
| 29 | EXMOC EXXON MOBIL CORP | 0.9% | $61.7m | 729,858 | 3% | added | |
| 30 | EOG EOG RES INC | Energy | 0.8% | $57.0m | 474,730 | -3% | reduced |
| 31 | NBR NABORS INDS LTD | Energy | 0.8% | $55.7m | 1,650,139 | -6% | reduced |
| 32 | TYCO INTERNATIONAL LTD BERMUDA | 0.8% | $55.3m | 1,256,210 | 1% | added | |
| 33 | PM PHILIP MORRIS INTL INC | Consumer Defensive | 0.8% | $54.9m | 1,086,372 | – | new |
| 34 | USB US BANCORP DEL NEW | Financial Services | 0.7% | $53.3m | 1,647,369 | -3% | reduced |
| 35 | TEVA TEVA PHARMACEUTICAL INDS | Healthcare | 0.7% | $53.3m | 1,153,701 | -6% | reduced |
| 36 | LIBERTY INTERACTIVE SER A | 0.7% | $53.2m | 3,296,383 | -4% | reduced | |
| 37 | VNO VORNADO REALTY TRUST | Real Estate | 0.7% | $52.4m | 607,795 | -0% | held |
| 38 | OMC OMNICOM GROUP INC | Communication Services | 0.7% | $49.4m | 1,118,404 | 6% | added |
| 39 | CSCO CISCO SYSTEMS | Technology | 0.6% | $46.1m | 1,915,018 | -9% | reduced |
| 40 | COUSINS PROPERTIES INC | 0.6% | $45.6m | 1,844,714 | 16% | added | |
| 41 | NTRS NORTHERN TRUST CO | Financial Services | 0.6% | $45.1m | 678,243 | -5% | reduced |
| 42 | MC GRAW HILL INC | 0.6% | $45.0m | 1,217,315 | 28% | added | |
| 43 | COP CONOCOPHILLIPS | Energy | 0.6% | $43.1m | 564,986 | -0% | held |
| 44 | NOVARTIS AG CHF .5 | 0.6% | $42.6m | 830,900 | 0% | held | |
| 45 | ACTUANT CORP | 0.6% | $41.7m | 1,378,856 | -1% | reduced | |
| 46 | SANDVIK AB | 0.6% | $40.2m | 2,309,200 | – | new | |
| 47 | STAPLES INC | 0.5% | $36.9m | 1,666,675 | 2% | added | |
| 48 | UNH UNITEDHEALTH GROUP INC | Healthcare | 0.5% | $36.8m | 1,069,860 | -11% | reduced |
| 49 | ITT INDUSTRIES INC | 0.5% | $35.7m | 688,644 | 7% | added | |
| 50 | ENSCO INTERNATIONAL INC | 0.5% | $35.5m | 566,800 | -1% | 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.