WhaleCreep

Select Equity Group Inc 13F holdings, Q3 2013

Hedge fundStopped filingSEC filingsCompare with another fundHoldings as of 2013-09-30, filed 2013-11-14

Select Equity Group Inc disclosed 80 US equity positions worth $6.9bn in its Q3 2013 13F filing. Its largest position is HOG at 4.6% of the reported book, followed by ORLY and SHW. Versus Q2 2013 it opened 11 new positions, added to 36, reduced 31 and exited 6.

$6.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
80
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
4.6%
Largest position
The largest single position as a share of the reported equity book.
37.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
40
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
52
Quarters on file since Q1 2000
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2013: 11 new, 36 added, 31 reduced, 6 exited

50 of 80
HOG HARLEY DAVIDSON INCConsumer Cyclical4.6%$318m4.95m−2.2%reduced
ORLY OREILLY AUTOMOTIVE INCConsumer Cyclical4.5%$308m2.42m+20%added
SHW SHERWIN WILLIAMS COBasic Materials4.3%$299m1.64m+26%added
DENTSPLY INTL INC NEW no ticker–4.0%$276m6.36m+2.3%added
KEX KIRBY CORPIndustrials3.9%$269m3.10m+1.3%added
MHK MOHAWK INDS INCConsumer Cyclical3.5%$243m1.87m+0.6%added
WSM WILLIAMS SONOMA INCConsumer Cyclical3.5%$241m4.28m0.0%held
SIG SIGNET JEWELERS LIMITEDConsumer Cyclical3.3%$231m3.22m+8.0%added
BROOKFIELD ASSET MGMT INC no ticker–3.0%$206m5.52m+9.1%added
MKL MARKEL GROUP INCFinancial Services2.9%$200m386,187+0.9%added
PALL CORP no ticker–2.8%$196m2.54m−0.6%reduced
WWW WOLVERINE WORLD WIDE INCConsumer Cyclical2.7%$189m3.25m−23%reduced
IHS INC no ticker–2.4%$167m1.46m+3.4%added
GRMN GARMIN LTDTechnology2.4%$166m3.67m+2.5%added
MSM MSC INDL DIRECT INCIndustrials2.4%$165m2.03m0.0%held
MICROS SYS INC no ticker–2.3%$160m3.20m+1.5%added
AIRGAS INC no ticker–2.2%$155m1.46m+2.1%added
APH AMPHENOL CORPTechnology2.1%$149m1.92m−12%reduced
CABELAS INC no ticker–2.1%$146m2.32m+111%added
TDG TRANSDIGM GROUP INCIndustrials2.1%$145m1.05m+1.5%added
SGI SOMNIGROUP INTERNATIONAL INCConsumer Cyclical2.0%$137m3.11m+1785%added
FRCB FIRST REP BK SAN FRANCISCO CFinancial Services2.0%$135m2.90m−1.1%reduced
AXIALL CORP no ticker–1.9%$128m3.38m+529%added
NATIONSTAR MTG HLDGS INC no ticker–1.8%$125m2.22m−7.9%reduced
PBF PBF ENERGY INCEnergy1.8%$122m5.45m+73%added
CBRE CBRE GROUP INCReal Estate1.7%$120m5.18m−19%reduced
PAYX PAYCHEX INCTechnology1.6%$112m2.75m−1.0%reduced
ETRA E TRADE FINANCIAL CORPHealthcare1.6%$108m6.57m−14%reduced
SNI SCRIPPS NETWORKS INTERACT IN–1.5%$105m1.34m−18%reduced
ESINQ ITT EDUCATIONAL SERVICES INCConsumer Defensive1.5%$101m3.26m−1.6%reduced
TAMINCO CORP no ticker–1.4%$94.8m4.67m+0.7%added
AME AMETEK INCIndustrials1.2%$85.8m1.86m−16%reduced
BXUSD BLACKSTONE GROUP L P–1.2%$83.1m3.34m+23%added
INTU INTUITTechnology1.1%$79.4m1.20m−28%reduced
MEAD JOHNSON NUTRITION CO no ticker–1.0%$71.7m965,734–new
AMT TD AMERITRADE HLDG CORPReal Estate1.0%$71.5m2.73m−26%reduced
VSIUSD VITAMIN SHOPPE INC–1.0%$67.7m1.55m−33%reduced
FRANKS INTL N V no ticker–0.9%$59.2m1.98m–new
RVTY REVVITY INCHealthcare0.8%$56.5m1.50m+5.0%added
BRKR BRUKER CORPHealthcare0.8%$54.8m2.65m−15%reduced
BERYEUR BERRY GLOBAL GROUP INC–0.8%$51.9m2.60m−47%reduced
SIRONA DENTAL SYSTEMS INC no ticker–0.7%$50.4m753,019+411%added
HEI HEICO CORP NEWIndustrials0.7%$50.0m738,657−52%reduced
37M MRC GLOBAL INC–0.6%$44.8m1.67m−59%reduced
KKR & CO L P DEL no ticker–0.6%$43.8m2.13m+30%added
DHR DANAHER CORP DELHealthcare0.6%$41.2m595,056−22%reduced
TEXAS PAC LD TR no ticker–0.6%$38.2m451,402−19%reduced
CHRW C H ROBINSON WORLDWIDE INCIndustrials0.5%$34.5m579,710+102%added
LII LENNOX INTL INCIndustrials0.5%$34.4m457,640−60%reduced
WALTER INVT MGMT CORP no ticker–0.5%$34.1m863,413–new

Exited since Q2 2013

6 rows
SIGMA ALDRICH CORP no ticker0.7%$42.0m
PRGO PERRIGO CO0.4%$22.1m
ISCAUSD INTERNATIONAL SPEEDWAY CORP0.2%$15.3m
NEWCASTLE INVT CORP no ticker0.10%$5.9m
2649593D BLACKHAWK NETWORK HLDGS INC0.09%$5.4m
MDY STATE STR SPDR S&P MIDCAP 400.01%$554k

Sector mix

  • Unclassified35.3%
  • Consumer Cyclical24.9%
  • Industrials11.6%
  • Technology7.4%
  • Financial Services5.3%
  • Healthcare4.6%
  • Basic Materials4.3%
  • Real Estate3.1%
  • Energy1.8%
  • Consumer Defensive1.6%

Book over time

Every quarter on file (52)
QuarterPositionsEquity book
Q3 201380$6.9bn
Q2 201375$6.1bn
Q1 201378$7.4bn
Q4 201281$6.1bn
Q3 201285$6.3bn
Q2 201275$6.5bn
Q1 201276$6.1bn
Q4 201174$5.3bn
Q3 201174$4.6bn
Q2 201170$4.9bn
Q1 201196$5.6bn
Q4 201087$5.5bn
Q3 201071$5.1bn
Q2 201069$4.4bn
Q1 201068$4.6bn
Q4 200977$4.4bn
Q3 200978$4.2bn
Q2 200987$4.5bn
Q1 200988$3.7bn
Q4 200863$3.5bn
Q3 200868$4.9bn
Q2 200864$5.8bn
Q1 200866$5.1bn
Q4 200768$6.2bn
Q3 200772$6.3bn
Q2 200774$7.1bn
Q1 200775$6.0bn
Q4 200666$5.1bn
Q3 200670$5.0bn
Q2 200679$4.8bn
Q1 200668$5.0bn
Q4 200568$4.7bn
Q3 200571$4.6bn
Q2 200567$4.6bn
Q1 200573$4.6bn
Q4 200459$4.1bn
Q3 200468$3.8bn
Q2 200464$3.3bn
Q1 200470$3.1bn
Q4 200371$2.4bn
Q2 200371$1.8bn
Q1 200369$1.3bn
Q4 200273$1.0bn
Q2 200258$675m
Q1 200247$541m
Q4 200147$364m
Q3 200139$302m
Q2 200135$293m
Q4 200028$202m
Q3 200030$179m
Q2 200031$148m
Q1 200028$126m

Where Select Equity Group Inc was early

83 rows
TR Tootsie Roll Inds TRQ2 20001 of 610.1%1.0%8Exited by Q2 2004+18%
MCO Moodys Investors Service MCQ3 20001 of 1764.5%10.9%37Exited by Q2 2013+312%
MKL MARKEL CORP MKLQ4 20001 of 1025.4%8.8%38Held at last filing, Q3 2013+186%
IDXX IDEXX Laboratories Inc. IDXQ2 20011 of 1475.1%5.9%37Exited by Q4 2012+536%
EXPD Expeditors Intl Wash Inc EXPQ4 20011 of 1200.8%3.2%14Exited by Q2 2013+151%
TMO THERMO FISHER SCIENTIC INC.Q4 20011 of 2340.07%5.9%29Held at last filing, Q3 2013+286%
BLK Blackrock IncQ2 20021 of 1554.2%4.7%25Exited by Q4 2011+234%
BRO Brown and Brown Inc BROQ2 20021 of 1290.4%6.7%31Exited by Q4 2011+13%
WRB WR Berkley Corp WRBQ2 20021 of 1160.4%1.7%15Exited by Q3 2009+98%
ETD Ethan Allen Interiors Inc ETHQ2 20022 of 662.7%3.6%11Exited by Q3 2009−70%
SEIC SEI INVESTMENTS COMPANY SEIQ2 20022 of 880.6%2.1%18Held at last filing, Q3 2013+119%
YUSD Alleghany Corp YQ4 20021 of 1061.1%1.1%3Exited by Q4 2003−28%
MHK MOHAWK INDUSTRIES INC MHKQ4 20022 of 1730.4%6.9%34Held at last filing, Q3 2013+129%
HRB HandR Block Inc HRBQ4 20025 of 1233.1%3.2%13Exited by Q2 2011−17%
HSIC Henry Schein HSICQ2 20032 of 1420.8%3.1%37Exited by Q2 2013+253%
AZO AUTOZONE INC AZOQ4 20032 of 1652.6%2.6%11Held at last filing, Q3 2013+396%
WAT Waters Corp WATQ4 20032 of 1372.2%2.8%14Exited by Q3 2012+140%
TROW T. Rowe Price TROWQ4 20033 of 1200.5%4.7%11Exited by Q3 2006+60%
VZ Verizon Communications Inc V PUTQ4 20033 of 1801.0%1.7%9Exited by Q1 2006−14%
INTU INTUIT INC INTUQ1 20043 of 2390.5%1.7%13Held at last filing, Q3 2013+197%
CTAS Cintas Corp CTASQ2 20041 of 1390.6%3.1%8Exited by Q3 2006−17%
FAST Fastenal Co FASTQ3 20042 of 1420.1%3.9%22Exited by Q1 2010+45%
MSFT Microsoft Corp MSFTQ1 20053 of 3740.3%4.7%25Exited by Q2 2011+5.1%
ADP Automatic Data Processing AQ1 20055 of 1480.3%1.9%9Exited by Q3 2007+19%
PFE Pfizer Inc. pfeQ1 20055 of 2080.4%4.0%14Exited by Q2 2011−23%
BMY Bristol-Myers Squibb CompanyQ1 20056 of 1971.0%1.0%3Exited by Q4 2005−5.5%
ALGN Align Technology Inc ALGNQ2 20052 of 1780.0%1.4%8Exited by Q2 2008+51%
DHR DANAHER CORPORATION DHRQ3 20051 of 2350.4%1.9%23Held at last filing, Q3 2013+158%
OMC Omnicom Group Inc. omcQ3 20051 of 1310.8%1.3%9Exited by Q4 2009−12%
MTG MGIC Investment Corp MTGQ4 20053 of 1290.7%2.5%18Exited by Q2 2013−92%
GGG Graco Inc GGGQ1 20061 of 1110.2%1.7%18Exited by Q3 2012+1.4%
RDN Radian Group Inc RDNQ1 20061 of 1200.2%1.4%6Exited by Q3 2007−10%
SHW SHERWIN WILLIAMS CO SHWQ1 20061 of 1921.7%4.9%24Held at last filing, Q3 2013+268%
POOL Pool Corporation POOLQ2 20061 of 1553.5%3.5%11Exited by Q1 2011−48%
TSCO Tractor Supply Co. TSCOQ2 20061 of 1480.7%1.0%3Exited by Q1 2013+220%
GE General Electric Co. geQ2 20063 of 2421.0%4.5%12Exited by Q1 2010−54%
JLL Jones Lang Lasalle Inc JLLQ4 20061 of 1330.8%3.5%22Exited by Q2 2012−9.6%
SYK Stryker Corp. SYKQ4 20064 of 1500.1%1.2%18Exited by Q4 2011−14%
CHRW C.H. ROBINSON WORLDWIDE INCQ1 20071 of 1342.2%3.2%26Held at last filing, Q3 2013+24%
IEX Idex Corp. IEXQ1 20071 of 1243.5%3.5%6Exited by Q3 2008+8.6%
WAB Wabtec Corp WABQ1 20072 of 1450.2%4.0%18Exited by Q2 2013+196%
MLM Martin Marietta Materials MLQ1 20075 of 1841.1%5.3%8Exited by Q3 2009−42%
KMT Kenmetal Inc. KMTQ2 20071 of 1090.4%1.0%5Exited by Q3 2008−21%
LII LENNOX INTERNATIONAL INC LIIQ2 20073 of 1190.3%1.2%4Held at last filing, Q3 2013+120%
AME AMETEK INC. AMEQ4 20071 of 1300.3%2.9%13Held at last filing, Q3 2013+121%
WSM WILLIAMS SONOMA INC WSMQ4 20072 of 1430.2%3.9%14Held at last filing, Q3 2013+117%
XLF Financial Select Sector Spdr SBI INT-FINLQ4 20072 of 15212.5%12.5%15Exited by Q1 2012−55%
RVTY PERKINELMER INC PKIQ2 20083 of 1131.6%4.3%22Held at last filing, Q3 2013+36%
1885807D Athenahealth Inc ATHNQ3 20081 of 810.3%1.3%8Exited by Q1 2013+341%
CMP Compass Minerals InternationalQ3 20082 of 1030.1%1.1%4Exited by Q4 2011+27%

Concentration and tenure

6.7%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
44.7%
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