WhaleCreep

Glenview Capital Management, LLC 13F holdings, Q3 2018

Hedge fundSEC filingsCompare with another fundHoldings as of 2018-09-30, filed 2018-11-14

Glenview Capital Management, LLC disclosed 57 US equity positions worth $15.7bn in its Q3 2018 13F filing. Its largest position is EXPRESS SCRIPTS HLDG CO at 5.2% of the reported book, followed by FMC and AETNA INC NEW. Versus Q2 2018 it opened 8 new positions, added to 17, reduced 27 and exited 1.

$15.7bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
57
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
5.2%
Largest position
The largest single position as a share of the reported equity book.
41.3%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
36
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
98
Quarters on file since Q4 2001
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2018: 8 new, 17 added, 27 reduced, 1 exited

50 of 57
EXPRESS SCRIPTS HLDG CO no ticker–5.2%$817m8.60m+23%added
FMC FMC CORPBasic Materials4.7%$743m8.53m+6.4%added
AETNA INC NEW no ticker–4.7%$732m3.61m+16%added
IQV IQVIA HLDGS INCHealthcare4.4%$687m5.30m−11%reduced
MCK MCKESSON CORPHealthcare4.1%$646m4.87m+3.3%added
DOWDUPONT INC no ticker–4.1%$645m10.03m−13%reduced
HCA HCA HEALTHCARE INCHealthcare3.8%$603m4.34m−19%reduced
TMO THERMO FISHER SCIENTIFIC INCHealthcare3.4%$539m2.21m−13%reduced
FDC FIRST DATA CORP NEW–3.4%$538m22.01m−18%reduced
SHIRE PLC no ticker–3.4%$531m2.93m−41%reduced
CVS CVS HEALTH CORPHealthcare3.3%$521m6.61m+22%added
THC TENET HEALTHCARE CORPHealthcare3.2%$509m17.90m0.0%held
DXC DXC TECHNOLOGY COTechnology2.9%$447m4.78m−9.4%reduced
NWL NEWELL BRANDS INCConsumer Defensive2.5%$394m19.39m−3.0%reduced
EBAY EBAY INC.Consumer Cyclical2.4%$382m11.58m−3.0%reduced
GOOGL ALPHABET INCCommunication Services2.4%$378m313,241−5.1%reduced
ARMK ARAMARKIndustrials2.3%$359m8.35m+65%added
UHS UNIVERSAL HLTH SVCS INCHealthcare2.3%$357m2.79m−4.5%reduced
ELV ELEVANCE HEALTH INCHealthcare2.2%$353m1.29m+0.9%added
HO1 HOLOGIC INC–2.2%$342m8.34m+578%added
FDX FEDEX CORPIndustrials2.2%$340m1.41m+20%added
ALLERGAN PLC no ticker–2.0%$317m1.66m−6.1%reduced
WBA WALGREENS BOOTS ALLIANCE INC–1.8%$283m3.88m−45%reduced
CBS CORP NEW no ticker–1.6%$245m4.26m−10%reduced
WMB WILLIAMS COS INCEnergy1.5%$233m8.56m−11%reduced
FLEX FLEX LTDTechnology1.5%$231m17.61m−47%reduced
ENDO INTL PLC no ticker–1.4%$219m13.02m−42%reduced
CIGNA CORPORATION no ticker–1.3%$204m980,573−41%reduced
CHTR CHARTER COMMUNICATIONS INCCommunication Services1.3%$204m625,629+18%added
NXPI NXP SEMICONDUCTORS N VTechnology1.1%$174m2.04m–new
NUANEUR NUANCE COMMUNICATIONS INC–1.1%$172m9.91m–new
NVT NVENT ELECTRIC PLCIndustrials1.1%$167m6.16m−3.3%reduced
LIBERTY GLOBAL PLC no ticker–1.0%$165m5.69m0.0%held
MTOR MERITOR INC–1.0%$163m8.39m+45%added
MSFT MICROSOFT CORPTechnology1.0%$160m1.40m+13%added
PLATFORM SPECIALTY PRODS COR no ticker–1.0%$156m12.49m0.0%held
LIBERTY GLOBAL PLC no ticker–0.9%$143m5.08m0.0%held
CAR AVIS BUDGET GROUP INCIndustrials0.9%$139m4.34m+12%added
LOW LOWES COS INCConsumer Cyclical0.9%$137m1.20m−33%reduced
SYMCEUR SYMANTEC CORP–0.9%$134m6.28m–new
FBIN FORTUNE BRANDS INNOVATIONS IIndustrials0.8%$128m2.44m+50%added
APTV APTIV PLCConsumer Cyclical0.8%$122m1.46m−3.7%reduced
BKD BROOKDALE SR LIVING INCHealthcare0.7%$103m10.46m+1.1%added
DLTR DOLLAR TREE INCConsumer Defensive0.6%$97.6m1.20m–new
WP WORLDPAY INC–0.6%$93.6m924,527–new
BHC BAUSCH HEALTH COS INCHealthcare0.6%$90.6m3.53m–new
COR CENCORA INCHealthcare0.5%$85.2m923,680−3.3%reduced
HTZ-WEUR HERTZ GLOBAL HLDGS INC–0.5%$78.6m4.82m−2.3%reduced
DELPHI TECHNOLOGIES PLC no ticker–0.5%$72.5m2.31m−3.2%reduced
ARCPEUR VEREIT INC–0.4%$64.2m8.85m−25%reduced

Exited since Q2 2018

1 row
PNR PENTAIR PLC1.0%$147m

Sector mix

  • Unclassified39.7%
  • Healthcare28.6%
  • Industrials7.2%
  • Technology6.7%
  • Basic Materials5.0%
  • Consumer Cyclical4.4%
  • Communication Services3.7%
  • Consumer Defensive3.1%
  • Energy1.5%

Book over time

Every quarter on file (98)
QuarterPositionsEquity book
Q2 202642$5.0bn
Q1 202641$3.7bn
Q4 202554$4.7bn
Q3 202553$4.1bn
Q2 202542$3.5bn
Q1 202544$4.0bn
Q4 202436$4.0bn
Q3 202443$4.7bn
Q2 202446$4.7bn
Q1 202443$5.1bn
Q4 202341$4.3bn
Q3 202347$3.7bn
Q2 202346$3.7bn
Q1 202353$4.1bn
Q4 202251$4.2bn
Q3 202253$3.9bn
Q2 202253$3.9bn
Q1 202258$4.9bn
Q4 202154$4.6bn
Q3 202160$5.5bn
Q2 202165$6.0bn
Q1 202163$5.9bn
Q4 202054$4.3bn
Q3 202045$3.2bn
Q2 202043$3.6bn
Q1 202044$3.7bn
Q4 201950$11.4bn
Q3 201949$9.5bn
Q2 201946$11.0bn
Q1 201945$11.2bn
Q4 201848$10.3bn
Q3 201857$15.7bn
Q2 201850$14.7bn
Q1 201853$17.1bn
Q4 201758$18.5bn
Q3 201756$17.2bn
Q2 201752$15.4bn
Q1 201751$15.1bn
Q4 201648$14.8bn
Q3 201650$14.0bn
Q2 201647$14.1bn
Q1 201645$13.7bn
Q4 201555$17.8bn
Q3 201578$20.2bn
Q2 201580$25.3bn
Q1 201579$21.9bn
Q4 201473$20.0bn
Q3 201473$19.1bn
Q2 201468$17.2bn
Q1 201465$15.1bn
Q4 201360$13.2bn
Q3 201364$11.8bn
Q2 201361$10.9bn
Q1 201346$8.0bn
Q4 201240$5.9bn
Q3 201235$5.4bn
Q2 201237$4.6bn
Q1 201243$4.9bn
Q4 201141$4.5bn
Q3 201144$4.7bn
Q2 201148$6.4bn
Q1 201142$5.4bn
Q4 201045$5.2bn
Q3 201046$4.4bn
Q2 201052$4.2bn
Q1 201047$4.4bn
Q4 200950$4.1bn
Q3 200942$3.3bn
Q2 200937$2.9bn
Q1 200932$2.0bn
Q4 200829$2.3bn
Q3 200850$6.3bn
Q2 200849$7.4bn
Q1 200850$6.6bn
Q4 200744$6.1bn
Q3 200751$5.8bn
Q2 200761$8.7bn
Q1 200760$8.4bn
Q4 200649$6.0bn
Q3 200640$6.6bn
Q2 200650$6.2bn
Q1 200654$5.8bn
Q4 200565$5.0bn
Q3 200569$4.8bn
Q2 200573$4.2bn
Q1 200574$3.8bn
Q4 200468$3.4bn
Q3 200446$1.7bn
Q2 200471$2.2bn
Q1 200453$1.3bn
Q4 200341$874m
Q3 200370$1.2bn
Q2 200366$773m
Q1 200364$514m
Q4 200265$540m
Q2 200251$562m
Q1 200258$962m
Q4 200167$749m

Where Glenview Capital Management, LLC was early

103 rows
ABG ASBURY AUTOMOTIVE GROUP INCQ1 20021 of 1030.8%1.2%15Exited by Q1 2017+305%
MAT Mattel IncQ1 20022 of 1303.7%5.1%3Exited by Q3 2003−9.2%
SCI Service Corp IntlQ1 20022 of 1130.6%1.4%4Exited by Q1 2004+1.7%
MSFT MICROSOFT CORPQ2 20022 of 3742.9%5.6%24Exited by Q1 2025+1441%
UTXZ UNITEDQ2 20023 of 1141.2%4.3%3Exited by Q4 2004−8.3%
SNPS SYNOPSYS INCQ4 20021 of 2152.1%3.6%8Exited by Q1 2026+1936%
COR AMERISOURCEBERGEN CORPQ1 20032 of 1581.5%8.2%40Exited by Q2 2023+1120%
WMB WILLIAMS COS INC DELQ1 20032 of 2071.1%5.4%21Exited by Q1 2020+535%
PFE Pfizer IncQ1 20033 of 2081.8%4.9%6Exited by Q3 2004+10%
BALL BALL CORPQ2 20031 of 1551.8%1.8%3Exited by Q3 2009+98%
EMN Eastman Chem CoQ2 20031 of 1253.3%3.3%2Exited by Q4 2003+5.8%
CCK CROWN HOLDINGS INCQ2 20032 of 1640.7%1.2%6Exited by Q4 2008+211%
CB Chubb CorpQ2 20033 of 1611.4%1.4%2Exited by Q4 2003−3.5%
BBY Best Buy IncQ4 20033 of 1331.8%1.8%2Exited by Q2 2004−1.0%
TGT TARGET CORPQ1 20044 of 1912.4%4.0%16Exited by Q2 2013+52%
AIZ ASSURANT INCQ2 20042 of 1112.7%2.8%6Exited by Q4 2005+44%
MO ALTRIA GROUP INCQ2 20048 of 1530.08%2.7%10Exited by Q2 2007+75%
LEN LENNAR CORPQ4 20043 of 1992.5%3.8%4Exited by Q4 2005+5.4%
MCK MCKESSON CORPQ4 20043 of 1703.9%9.2%83Exited by Q1 2026+2507%
TOL TOLL BROTHERS INCQ4 20044 of 1742.4%3.0%7Exited by Q2 2007−20%
JPM JPMORGAN CHASE & COQ4 20045 of 2310.9%3.8%8Exited by Q2 2011+18%
LOW LOWES COS INCQ4 200410 of 2090.01%3.3%24Exited by Q2 2020+199%
CVS CVS HEALTH CORPQ1 20053 of 2160.7%20.0%44Held at last filing, Q2 2026+293%
GLW CORNING INCQ1 20054 of 1961.9%4.0%18Exited by Q4 2011+11%
TEVA TEVA PHARMACEUTICAL INDS LTDQ1 20055 of 1822.8%11.1%23Held at last filing, Q2 2026+9.3%
CAH CARDINAL HEALTH INCQ2 200512 of 1260.4%1.1%9Held at last filing, Q2 2026+313%
TTWO TAKE-TWO INTERACTIVE SOFTWARQ3 20052 of 2131.1%2.5%25Exited by Q4 2013−18%
NOK NOKIA CORP SPONQ3 20054 of 1672.0%4.4%7Exited by Q3 2007+66%
NRG NRG ENERGY INCQ4 20052 of 2111.4%2.6%5Exited by Q1 2014+22%
VYX NCR CORP NEWQ4 20053 of 1961.5%5.4%12Exited by Q4 2008−35%
CSCO CISCO SYS INCQ4 20057 of 1700.7%2.2%10Held at last filing, Q2 2026+586%
FIS FIDELITY NATL INFORMATION SVQ1 20061 of 2252.1%10.4%37Exited by Q1 2020+243%
MTH MERITAGEQ1 20061 of 1200.6%1.1%2Exited by Q3 2006−14%
HUN HUNTSMAN CORPQ1 20063 of 1430.3%1.2%3Exited by Q4 2006−5.7%
AAP ADVANCE AUTO PARTS INCQ2 20068 of 1791.0%1.9%7Exited by Q2 2016+455%
UNH UNITEDHEALTH GROUP INCQ4 20064 of 2996.0%10.5%20Exited by Q2 2023+780%
T AT&T INCQ1 20071 of 2170.8%8.1%7Exited by Q4 2008−29%
WCC WESCO INTL INCQ1 20071 of 1612.5%2.5%6Exited by Q4 2024+168%
PAC GPO AEROPORTUARIO DEL PAC SA SPONQ1 20072 of 470.9%1.4%4Exited by Q1 2008+3.8%
VRSN VERISIGN INCQ2 20075 of 1422.1%3.9%9Exited by Q3 2009−42%
EBAY EBAY INC.Q2 200710 of 1860.8%5.0%30Exited by Q4 2020+285%
ESINQ ITT EDUCATIONAL SERVICES INCQ1 20083 of 311.4%2.1%5Exited by Q1 2010+109%
IWM ISHARES TR RUSSELL 2000Q1 20085 of 2335.3%5.4%2Exited by Q4 2008−0.4%
EA ELECTRONIC ARTS INCQ4 20083 of 2340.7%2.1%11Exited by Q2 2014−20%
FITB FIFTH THIRD BANCORPQ1 20092 of 1170.3%2.7%3Exited by Q4 2009+247%
FLEX FLEX LTDQ1 20092 of 1850.8%6.3%55Exited by Q3 2023+856%
BAC BANK OF AMERICA CORPORATIONQ1 200915 of 2320.7%3.3%7Exited by Q3 2011+61%
MA MASTERCARD INCQ2 200916 of 2631.3%1.9%3Exited by Q1 2010+53%
AWK AMERICAN WTR WKS CO INC NEWQ3 20092 of 1232.6%2.6%3Exited by Q2 2010+9.1%
MWA MUELLER WTR PRODS INCQ3 20092 of 960.3%1.1%16Exited by Q3 2013+26%

Concentration and tenure

8.4%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
53.2%
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
2
Median completed holding, quarters