First Manhattan 13F holdings, Q1 2014
First Manhattan disclosed 1394 US equity positions worth $15.2bn in its Q1 2014 13F filing. Its largest position is BRK/A at 21.0% of the reported book, followed by BROOKFIELD ASSET MGMT INC and CVS. Versus Q4 2013 it opened 124 new positions, added to 169, reduced 306 and exited 89.
- $15.2bn
- Reported equity book Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
- 1,394
- Positions Distinct securities in the equity book with a reported value above zero. Options are excluded.
- 21.0%
- Largest position The largest single position as a share of the reported equity book.
- 39.8%
- Top 10 weight The ten largest positions together, as a share of the reported equity book.
- 19
- 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 Q4 2013: 124 new, 169 added, 306 reduced, 89 exited
| BRK/A BERKSHIRE HATHAWAY INC DEL | 21.0% | −1.7% | reduced |
| BROOKFIELD ASSET MGMT INC no ticker | 3.4% | 0.0% | held |
| CVS CVS HEALTH CORP | 2.3% | −1.8% | reduced |
| WFC WELLS FARGO & CO | 2.0% | −0.3% | held |
| BRK/B BERKSHIRE HATHAWAY INC DEL | 2.0% | +1.1% | added |
| RRC RANGE RES CORP | 2.0% | −1.2% | reduced |
| BUD ANHEUSER BUSCH INBEV SA NV | 1.9% | +2.9% | added |
| MSFT MICROSOFT CORP | 1.9% | −7.8% | reduced |
| JNJ JOHNSON & JOHNSON | 1.7% | −0.2% | held |
| UTXZ UNITED TECHNOLOGIES CORP | 1.5% | −0.3% | held |
| DISCKUSD DISCOVERY INC | 1.5% | −0.6% | reduced |
| AIG American International Group | 1.4% | −5.5% | reduced |
| COP CONOCOPHILLIPS | 1.4% | +0.3% | held |
| IBM INTERNATIONAL BUSINESS MACHS | 1.2% | −3.0% | reduced |
| LEUCADIA NATL CORP no ticker | 1.1% | −3.1% | reduced |
| HONGBP HONEYWELL INTL INC | 1.1% | +0.8% | added |
| AEE AMEREN CORP | 1.0% | −27% | reduced |
| PG PROCTER & GAMBLE CO | 1.0% | −2.2% | reduced |
| UPLEUR ULTRA PETROLEUM CORP | 0.9% | −0.4% | held |
| ORI OLD REP INTL CORP | 0.9% | +1.0% | added |
| AAPL APPLE INC | 0.9% | +0.8% | added |
| CMCSA COMCAST CORP NEW | 0.9% | −0.1% | held |
| AXP AMERICAN EXPRESS CO | 0.9% | −0.9% | reduced |
| DISCAUSD DISCOVERY INC | 0.9% | −3.7% | reduced |
| GE GENERAL ELECTRIC CO | 0.9% | −2.4% | reduced |
| VIAB VIACOM INC NEW | 0.9% | +0.8% | added |
| MCD MCDONALDS CORP | 0.8% | −1.1% | reduced |
| MMM 3M CO | 0.8% | −1.2% | reduced |
| USB US BANCORP | 0.8% | 0.0% | held |
| AREXQ APPROACH RESOURCES INC | 0.8% | +6.7% | added |
| SNI SCRIPPS NETWORKS INTERACT IN | 0.7% | −0.2% | held |
| DHR DANAHER CORP DEL | 0.7% | +1.2% | added |
| ACCENTURE PLC IRELAND no ticker | 0.7% | +0.4% | held |
| SYMCEUR SYMANTEC CORP | 0.7% | −20% | reduced |
| UPS UNITED PARCEL SERVICE INC | 0.6% | +0.5% | held |
| BAX BAXTER INTL INC | 0.6% | −0.7% | reduced |
| ORCL ORACLE CORP | 0.6% | +238% | added |
| CNQ CANADIAN NAT RES LTD MED TER | 0.6% | +0.1% | held |
| DIRECTV no ticker | 0.6% | +47% | added |
| CB CHUBB CORP | 0.5% | +0.2% | held |
| GSK PLC no ticker | 0.5% | −4.6% | reduced |
| LIBERTY GLOBAL PLC no ticker | 0.5% | +140% | added |
| WTWEUR WEIGHT WATCHERS INTL INC NEW | 0.5% | +7.9% | added |
| PM PHILIP MORRIS INTL INC | 0.5% | −0.3% | held |
| OMC OMNICOM GROUP INC | 0.5% | +0.4% | held |
| LIBERTY MEDIA CORP DELAWARE no ticker | 0.5% | −0.1% | held |
| GILD GILEAD SCIENCES INC | 0.5% | −0.6% | reduced |
| WBC1EUR WABCO HLDGS INC | 0.5% | −5.4% | reduced |
| JAHEUR JARDEN CORP | 0.4% | +0.5% | added |
| ALSN ALLISON TRANSMISSION HLDGS I | 0.4% | −29% | reduced |
Exited since Q4 2013
| AEGERION PHARMACEUTICALS INC no ticker | 0.1% | $18.7m |
| MINE SAFETY APPLIANCES CO no ticker | 0.05% | $7.7m |
| VODAFONE GRP PLC no ticker | 0.05% | $7.3m |
| DERMA SCIENCES INC no ticker | 0.04% | $5.4m |
| JOY GLOBAL INC no ticker | 0.03% | $4.7m |
| MHK MOHAWK INDS INC | 0.02% | $2.9m |
| AAP ADVANCE AUTO PARTS INC | 0.01% | $1.2m |
| PRSU VIAD CORP | 0.01% | $1.1m |
| CYOUUSD CHANGYOU COM LTD | 0.01% | $1.0m |
| RBAGBP RITCHIE BROS AUCTIONEERS | 0.01% | $934k |
| TRMB TRIMBLE INC | 0.01% | $856k |
| NUPATHE INC no ticker | 0.01% | $845k |
| SHANDA GAMES LTD no ticker | 0.01% | $781k |
| YONGYE INTL INC no ticker | 0.0% | $704k |
| CAMCO FINL CORP no ticker | 0.0% | $682k |
| HERTZ GLOBAL HOLDINGS INC no ticker | 0.0% | $641k |
| CROSSTEX ENERGY INC no ticker | 0.0% | $470k |
| ZTS ZOETIS INC | 0.0% | $426k |
| WST WEST PHARMACEUTICAL SVSC INC | 0.0% | $338k |
| BCSB BANCORP INC no ticker | 0.0% | $326k |
| SANTARUS INC no ticker | 0.0% | $287k |
| SSYS STRATASYS LTD | 0.0% | $282k |
| EWH ISHARES INC | 0.0% | $249k |
| LIFE TECHNOLOGIES CORP no ticker | 0.0% | $235k |
| EL PASO PIPELINE PARTNERS L no ticker | 0.0% | $180k |
| ISHARES no ticker | 0.0% | $177k |
| AEGN AEGION CORP | 0.0% | $164k |
| CMS BANCORP no ticker | 0.0% | $163k |
| COLE REAL ESTATE I no ticker | 0.0% | $152k |
| CHEROKEE INC DEL NEW no ticker | 0.0% | $144k |
| PVR PARTNERS L.P no ticker | 0.0% | $144k |
| BLACKROCK CR. ALLOC no ticker | 0.0% | $130k |
| PDS PRECISION DRILLING CORP | 0.0% | $112k |
| GREEN MTN COFFEE RO no ticker | 0.0% | $101k |
| PGR PROGRESSIVE CORP | 0.0% | $90.0k |
| PROSHARES TR II no ticker | 0.0% | $70.0k |
| TORTOISE ENERGY CAP no ticker | 0.0% | $65.0k |
| IGI LABS INC no ticker | 0.0% | $61.0k |
| HYG ISHARES TR | 0.0% | $59.0k |
| ROYAL BK SCOTLAND no ticker | 0.0% | $58.0k |
| APARTMENT INVT & MGMT CO no ticker | 0.0% | $56.0k |
| UNISYS CORP no ticker | 0.0% | $53.0k |
| BROOKFIELD OFFICE PPTYS INC no ticker | 0.0% | $51.0k |
| IART INTEGRA LIFESCIENCES HLDGS C | 0.0% | $47.0k |
| LULU LULULEMON ATHLETICA INC | 0.0% | $38.0k |
| ORIT ORITANI FINL CORP DEL | 0.0% | $32.0k |
| ZION ZIONS BANCORPORATION NATL AS | 0.0% | $29.0k |
| MFAUSD MFA FINL INC | 0.0% | $28.0k |
| CLEARBRIDGE ENERGY MLP FD IN no ticker | 0.0% | $25.0k |
| VSH VISHAY INTERTECHNOLOGY INC | 0.0% | $25.0k |
| VIROPHARMA INC no ticker | 0.0% | $24.0k |
| MICRON TECHNOLOGY IN no ticker | 0.0% | $22.0k |
| ROYAL BK SCOTLAND no ticker | 0.0% | $20.0k |
| DIGITAL GENERATION INC no ticker | 0.0% | $19.0k |
| IJH ISHARES TR | 0.0% | $18.0k |
| CTXSEUR CITRIX SYS INC | 0.0% | $16.0k |
| IVW ISHARES TR | 0.0% | $16.0k |
| XLV SELECT SECTOR SPDR TR | 0.0% | $15.0k |
| BCE BCE INC | 0.0% | $14.0k |
| IJR ISHARES TR | 0.0% | $13.0k |
| EMBJ EMBRAER S.A. | 0.0% | $12.0k |
| CLEARBRIDGE ENGY M no ticker | 0.0% | $11.0k |
| XLU SELECT SECTOR SPDR TR | 0.0% | $11.0k |
| COUSINS PPTYS INC no ticker | 0.0% | $8.0k |
| CRIS CURIS INC | 0.0% | $8.0k |
| SCCO SOUTHERN COPPER CORP | 0.0% | $8.0k |
| NASDAQ OMX GROUP INC no ticker | 0.0% | $7.0k |
| PENNSYLVANIA RL ESTATE INVT no ticker | 0.0% | $7.0k |
| POWERSHARES ETF TRUS no ticker | 0.0% | $7.0k |
| TTMCHF TATA MTRS LTD | 0.0% | $7.0k |
| BERKSHIRE BANCORP INC DEL no ticker | 0.0% | $6.0k |
| PHARMACYCLICS INC no ticker | 0.0% | $6.0k |
| PROSHARES TR no ticker | 0.0% | $6.0k |
| COMMTOUCH SOFTWARE LTD no ticker | 0.0% | $6.0k |
| PERFECT WORLD CO LTD no ticker | 0.0% | $3.0k |
| BROCADE COMMUNICATIONS SYS I no ticker | 0.0% | $2.0k |
| FRME FIRST MERCHANTS CORP | 0.0% | $2.0k |
| VOT VANGUARD INDEX FDS | 0.0% | $2.0k |
| VPG VISHAY PRECISION GROUP INC | 0.0% | $2.0k |
| DARA BIOSCIENCES INC no ticker | 0.0% | $1.0k |
| PROSPECT GLOBAL RES no ticker | 0.0% | $1.0k |
| ACLS AXCELIS TECHNOLOGIES INC | 0.0% | $1.0k |
| BCOREUR BLUCORA INC | 0.0% | $1.0k |
| DAVEUSD FAMOUS DAVES AMER INC | 0.0% | $1.0k |
| FLT1EUR FLEETCOR TECHNOLOGIES INC | 0.0% | $1.0k |
| FNF FIDELITY NATIONAL FINANCIAL | 0.0% | $1.0k |
| LYONDELLBASELL INDUSTRIES NV no ticker | 0.0% | $1.0k |
| PHM PULTE GROUP INC | 0.0% | $1.0k |
| TSN TYSON FOODS INC | 0.0% | $1.0k |
Sector mix
Book over time
Every quarter on file (111)
| Quarter | Positions | Equity book |
|---|---|---|
| Q2 2026 | 741 | $39.2bn |
| Q1 2026 | 752 | $36.1bn |
| Q4 2025 | 728 | $38.1bn |
| Q3 2025 | 714 | $37.9bn |
| Q2 2025 | 698 | $35.4bn |
| Q1 2025 | 678 | $34.3bn |
| Q4 2024 | 680 | $34.1bn |
| Q3 2024 | 682 | $33.7bn |
| Q2 2024 | 669 | $31.2bn |
| Q1 2024 | 1,410 | $30.9bn |
| Q4 2023 | 1,436 | $28.8bn |
| Q3 2023 | 1,487 | $27.1bn |
| Q2 2023 | 1,423 | $27.3bn |
| Q1 2023 | 1,516 | $26.1bn |
| Q4 2022 | 1,678 | $27.3bn |
| Q3 2022 | 1,499 | $23.6bn |
| Q2 2022 | 1,533 | $24.8bn |
| Q1 2022 | 1,574 | $30.6bn |
| Q4 2021 | 1,558 | $30.3bn |
| Q3 2021 | 1,575 | $27.1bn |
| Q2 2021 | 1,546 | $27.4bn |
| Q1 2021 | 1,458 | $23.2bn |
| Q4 2020 | 1,320 | $20.9bn |
| Q3 2020 | 1,309 | $19.4bn |
| Q2 2020 | 1,367 | $17.3bn |
| Q1 2020 | 1,355 | $15.4bn |
| Q4 2019 | 1,286 | $19.9bn |
| Q3 2019 | 1,309 | $18.2bn |
| Q2 2019 | 1,353 | $18.0bn |
| Q1 2019 | 1,372 | $17.3bn |
| Q4 2018 | 1,352 | $16.1bn |
| Q3 2018 | 1,384 | $18.8bn |
| Q2 2018 | 1,341 | $17.3bn |
| Q1 2018 | 1,365 | $17.6bn |
| Q4 2017 | 1,435 | $18.3bn |
| Q3 2017 | 1,416 | $17.5bn |
| Q2 2017 | 1,378 | $17.1bn |
| Q1 2017 | 1,378 | $16.8bn |
| Q4 2016 | 1,361 | $16.4bn |
| Q3 2016 | 1,382 | $16.4bn |
| Q2 2016 | 1,448 | $16.3bn |
| Q1 2016 | 1,380 | $16.3bn |
| Q4 2015 | 1,405 | $16.3bn |
| Q3 2015 | 1,419 | $15.6bn |
| Q2 2015 | 1,436 | $16.9bn |
| Q1 2015 | 1,431 | $17.4bn |
| Q4 2014 | 1,464 | $17.7bn |
| Q3 2014 | 1,428 | $17.2bn |
| Q2 2014 | 1,403 | $15.8bn |
| Q1 2014 | 1,394 | $15.2bn |
| Q4 2013 | 1,359 | $15.1bn |
| Q3 2013 | 1,355 | $14.3bn |
| Q2 2013 | 1,351 | $14.5bn |
| Q1 2013 | 654 | $8.8bn |
| Q4 2012 | 656 | $8.0bn |
| Q3 2012 | 675 | $8.1bn |
| Q2 2012 | 660 | $7.7bn |
| Q1 2012 | 677 | $7.8bn |
| Q4 2011 | 677 | $6.9bn |
| Q3 2011 | 661 | $6.5bn |
| Q2 2011 | 692 | $7.8bn |
| Q1 2011 | 691 | $7.6bn |
| Q4 2010 | 698 | $7.2bn |
| Q3 2010 | 697 | $6.5bn |
| Q2 2010 | 674 | $5.7bn |
| Q1 2010 | 681 | $6.3bn |
| Q4 2009 | 680 | $5.9bn |
| Q3 2009 | 666 | $5.7bn |
| Q2 2009 | 649 | $4.7bn |
| Q1 2009 | 649 | $3.8bn |
| Q4 2008 | 666 | $4.7bn |
| Q3 2008 | 709 | $6.6bn |
| Q2 2008 | 745 | $7.3bn |
| Q1 2008 | 726 | $7.2bn |
| Q4 2007 | 749 | $7.8bn |
| Q3 2007 | 764 | $8.1bn |
| Q2 2007 | 768 | $8.2bn |
| Q1 2007 | 748 | $7.8bn |
| Q4 2006 | 748 | $7.7bn |
| Q3 2006 | 739 | $7.3bn |
| Q2 2006 | 728 | $7.1bn |
| Q1 2006 | 728 | $7.2bn |
| Q4 2005 | 712 | $6.6bn |
| Q3 2005 | 707 | $6.6bn |
| Q2 2005 | 706 | $7.1bn |
| Q2 2005 | 696 | $6.5bn |
| Q1 2005 | 692 | $6.4bn |
| Q4 2004 | 683 | $6.5bn |
| Q3 2004 | 668 | $5.9bn |
| Q2 2004 | 656 | $5.7bn |
| Q1 2004 | 643 | $5.5bn |
| Q4 2003 | 640 | $5.5bn |
| Q3 2003 | 619 | $5.0bn |
| Q2 2003 | 604 | $4.7bn |
| Q1 2003 | 602 | $4.0bn |
| Q4 2002 | 605 | $4.1bn |
| Q3 2002 | 582 | $3.9bn |
| Q2 2002 | 587 | $4.5bn |
| Q1 2002 | 591 | $4.7bn |
| Q4 2001 | 590 | $4.7bn |
| Q3 2001 | 572 | $4.2bn |
| Q2 2001 | 522 | $3.7bn |
| Q1 2001 | 573 | $4.4bn |
| Q4 2000 | 576 | $4.6bn |
| Q3 2000 | 557 | $4.5bn |
| Q2 2000 | 559 | $4.3bn |
| Q1 2000 | 596 | $4.3bn |
| Q4 1999 | 585 | $4.5bn |
| Q3 1999 | 557 | $4.7bn |
| Q2 1999 | 568 | $6.0bn |
| Q1 1999 | 442 | $4.6bn |
Where First Manhattan was early
| BAC BANK OF AMER CORP | Q2 1999 | 1 of 232 | 3.1% | Held at last filing, Q2 2026 | +55% |
| DBD DIEBOLD NIXDORF INC | Q2 1999 | 1 of 105 | 0.05% | Exited by Q2 2023 | – |
| ESINQ ITT EDUCATIONAL SVCS | Q2 1999 | 1 of 31 | 0.0% | Exited by Q3 2016 | −85% |
| ORCL ORACLE CORP | Q2 1999 | 16 of 256 | 0.0% | Held at last filing, Q2 2026 | +1479% |
| UNM UNUM GROUP | Q3 1999 | 2 of 117 | 1.3% | Exited by Q4 2020 | −43% |
| EXMOC EXXON MOBIL CORP | Q4 1999 | 5 of 193 | 0.5% | Held at last filing, Q2 2026 | +240% |
| F FORD MTR CO DEL | Q3 2000 | 1 of 181 | 1.9% | Exited by Q2 2024 | −48% |
| FMC FMC CORP | Q4 2000 | 1 of 157 | 0.2% | Exited by Q2 2024 | +310% |
| GILD GILEAD SCIENCES INC | Q1 2001 | 5 of 181 | 0.07% | Held at last filing, Q2 2026 | +6120% |
| USB US BANCORP | Q1 2001 | 5 of 162 | 0.2% | Held at last filing, Q2 2026 | +160% |
| ZBH ZIMMER BIOMET HOLDINGS INC | Q3 2001 | 3 of 144 | 0.3% | Exited by Q2 2026 | +236% |
| MMM 3M CO | Q2 2002 | 3 of 165 | 0.06% | Held at last filing, Q2 2026 | +215% |
| RRC RANGE RES CORP | Q3 2002 | 2 of 147 | 0.01% | Held at last filing, Q2 2026 | +1092% |
| COP CONOCOPHILLIPS | Q3 2002 | 5 of 155 | 0.02% | Held at last filing, Q2 2026 | +490% |
| CMCSA COMCAST CORP NEW | Q4 2002 | 5 of 219 | 0.02% | Held at last filing, Q2 2026 | +233% |
| MO ALTRIA GROUP INC | Q1 2003 | 3 of 153 | 0.7% | Held at last filing, Q2 2026 | +140% |
| SRE SEMPRA | Q1 2004 | 2 of 119 | 0.02% | Held at last filing, Q2 2026 | +483% |
| FHN FIRST HORIZON CORPORATION | Q2 2004 | 2 of 165 | 0.6% | Exited by Q1 2024 | −67% |
| UNH UNITEDHEALTH GROUP INC | Q2 2004 | 2 of 299 | 0.09% | Held at last filing, Q2 2026 | +1235% |
| CNQ CANADIAN NAT RES LTD MED TER | Q2 2004 | 3 of 142 | 0.01% | Held at last filing, Q2 2026 | +993% |
| PXGBX PRAXAIR INC | Q4 2004 | 2 of 68 | 0.0% | Exited by Q4 2018 | +264% |
| AAPL APPLE INC | Q1 2005 | 24 of 275 | 0.0% | Held at last filing, Q2 2026 | +19343% |
| AEE AMEREN CORP | Q2 2005 | 1 of 102 | 0.0% | Held at last filing, Q2 2026 | +104% |
| WU WESTERN UN CO | Q4 2006 | 5 of 133 | 1.0% | Exited by Q2 2024 | −38% |
| TEVA TEVA PHARMACEUTICAL INDS LTD | Q4 2006 | 9 of 182 | 0.3% | Held at last filing, Q2 2026 | +9.0% |
| DHR DANAHER CORP DEL | Q2 2007 | 17 of 235 | 0.01% | Held at last filing, Q2 2026 | +651% |
| S9Q SPIRIT AEROSYSTEMS HLDGS INC | Q1 2008 | 2 of 153 | 0.2% | Exited by Q2 2025 | +55% |
| PM PHILIP MORRIS INTL INC | Q1 2008 | 9 of 169 | 0.8% | Held at last filing, Q2 2026 | +258% |
| SNI SCRIPPS NETWORKS | Q3 2008 | 5 of 80 | 0.9% | Exited by Q1 2018 | +135% |
| AZN ASTRAZENECA PLC | Q4 2009 | 1 of 153 | 1.4% | Held at last filing, Q2 2026 | +304% |
| BUD ANHEUSER BUSCH INBEV SA NV | Q4 2011 | 2 of 129 | 1.8% | Held at last filing, Q2 2026 | +35% |
| BRK/A BERKSHIRE HATHAWAY INC DEL | Q2 2013 | 4 of 61 | 22.1% | Held at last filing, Q2 2026 | +344% |
| MSFT MICROSOFT CORP | Q2 2013 | 8 of 374 | 1.8% | Held at last filing, Q2 2026 | +980% |
| BRK/B BERKSHIRE HATHAWAY INC DEL | Q2 2013 | 11 of 180 | 1.9% | Held at last filing, Q2 2026 | +347% |
| PRGO PERRIGO CO PLC | Q1 2014 | 13 of 172 | 0.01% | Exited by Q2 2024 | −79% |
| ARMK ARAMARK | Q2 2014 | 12 of 177 | 0.03% | Exited by Q2 2024 | +74% |
| KKR KKR & CO INC | Q1 2019 | 22 of 211 | 0.8% | Held at last filing, Q2 2026 | +291% |
| TPL TEXAS PACIFIC LAND CORPORATI | Q1 2021 | 5 of 100 | 1.0% | Held at last filing, Q2 2026 | +148% |
| PPLI IAC INC | Q2 2021 | 15 of 156 | 1.7% | Exited by Q4 2025 | −73% |
| BN BROOKFIELD CORP | Q4 2022 | 8 of 115 | 1.9% | Held at last filing, Q2 2026 | +103% |
| LB LANDBRIDGE COMPANY LLC | Q2 2024 | 7 of 63 | 0.1% | Held 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