WhaleCreep

Select Equity Group Inc 13F holdings, Q1 2003

Hedge fundSEC filingsCompare with another fundHoldings as of 2003-03-31, filed 2003-05-14

Select Equity Group Inc disclosed 69 US equity positions worth $1.3bn in its Q1 2003 13F filing. Its largest position is MKL at 6.2% of the reported book, followed by Hilb, Rogal & Hamilton Co H and First Health Group Corp FHC. Versus Q4 2002 it opened 12 new positions, added to 48, reduced 9 and exited 16.

$1.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
69
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.2%
Largest position
The largest single position as a share of the reported equity book.
46.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
29
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 Q4 2002: 12 new, 48 added, 9 reduced, 16 exited

50 of 69
MKL MARKEL GROUP INCFinancial Services6.2%$78.1m349,294+9.9%added
Hilb, Rogal & Hamilton Co H no ticker–5.8%$72.7m2.33m+71%added
First Health Group Corp FHC no ticker–5.5%$69.3m2.72m+43%added
MCO MOODYS CORPFinancial Services5.1%$64.2m1.39m+30%added
Performance Food Group Inc no ticker–4.6%$58.2m1.90m+162%added
ISCAUSD INTERNATIONAL SPEEDWAY CORP–4.0%$50.3m1.26m+8.7%added
The Bisys Group Inc BSG no ticker–3.9%$49.4m3.03m+13%added
Chemed CHE no ticker–3.9%$48.5m1.53m+18%added
MATW MATTHEWS INTL CORPIndustrials3.9%$48.3m2.09m+18%added
Lincare Holdings LNCR no ticker–3.8%$47.6m1.55m+47%added
First American Corp FAF no ticker–3.8%$47.4m1.94m+30%added
Commerce Bancorp Inc/NJ CBH no ticker–3.8%$47.2m1.19m+31%added
TECHNE CORP no ticker–3.3%$40.9m1.97m+74%added
HRB BLOCK H & R INCConsumer Cyclical3.2%$40.2m942,245+23%added
BLK BLACKROCK INCFinancial Services3.1%$39.3m901,554+26%added
ETD ETHAN ALLEN INTERIORS INCConsumer Cyclical2.8%$35.7m1.21m+46%added
Choicepoint Inc CPS no ticker–2.6%$33.0m974,500+298%added
FELE FRANKLIN ELEC INCIndustrials2.6%$32.6m693,680+12%added
Ceridian CEN no ticker–2.5%$31.6m2.26m+20%added
BRO BROWN & BROWN INCFinancial Services2.1%$26.3m840,608+60%added
MHK MOHAWK INDS INCConsumer Cyclical2.0%$25.2m526,600+653%added
Washington Post -Cl B WPO no ticker–2.0%$25.0m36,736+8.0%added
Barra BARZ no ticker–1.6%$19.9m671,494+6.3%added
EXPD EXPEDITORS INTL WASH INCIndustrials1.6%$19.8m552,122−11%reduced
WRB BERKLEY W R CORPFinancial Services1.6%$19.8m462,000+6.6%added
ATWOOD OCEANICS INC no ticker–1.2%$15.0m593,900+652%added
HCC INS HLDGS INC no ticker–1.2%$14.9m584,000–new
WTWEUR WEIGHT WATCHERS INTL INC NEW–1.1%$13.5m292,300–new
TR TOOTSIE ROLL INDS INCConsumer Defensive0.9%$11.8m414,175+173%added
FISV FISERV INC–0.9%$11.7m372,300–new
MDPUSD MEREDITH CORP–0.7%$8.5m223,600–new
KEX KIRBY CORPIndustrials0.6%$7.5m303,600+110%added
Oxford Health Plans Inc OHP no ticker–0.5%$6.8m225,650+6.5%added
RYLAND GROUP INC no ticker–0.5%$6.7m154,800–new
Saga Communications Inc-Cl A no ticker–0.5%$6.5m377,700+97%added
LNN LINDSAY CORPIndustrials0.5%$6.4m298,250+133%added
YUSD ALLEGHANY CORP DEL–0.4%$5.6m33,955−43%reduced
Charter One Fin Inc CF no ticker–0.3%$3.8m138,950−41%reduced
TIFEUR TIFFANY & CO NEW–0.3%$3.7m149,300–new
TEXAS PAC LD TR no ticker–0.3%$3.6m82,900+28%added
INVESTMENT TECHNOLOGY GRP NE no ticker–0.3%$3.4m244,570+329%added
NAVIGATORS GROUP INC no ticker–0.3%$3.4m130,450−6.3%reduced
Interface Inc-CL A IFSIA no ticker–0.3%$3.3m1.01m+30%added
ON ASSIGNMENT INC no ticker–0.3%$3.3m782,425+42%added
PRK PARK NATL CORPFinancial Services0.2%$2.7m29,300+27%added
X-Rite Inc XRIT no ticker–0.2%$2.7m324,800+49%added
ULTIMATE SOFTWARE GROUP INC no ticker–0.2%$2.6m662,500+4.6%added
CINF CINCINNATI FINL CORPFinancial Services0.2%$2.6m74,500–new
DGX QUEST DIAGNOSTICS INCHealthcare0.2%$2.6m43,200+5.4%added
Hanmi Financial Corp. HACF no ticker–0.2%$2.6m150,250–new

Exited since Q4 2002

16 rows
FICO FAIR ISAAC CORP3.2%$32.4m
Nasdaq 100 Index Feb 03 @ PUT no ticker2.1%$21.6m
ADVENT SOFTWARE INC no ticker1.6%$16.5m
USA Interactive USAI no ticker0.7%$6.9m
Centex Corp CTX no ticker0.6%$6.4m
CITY NATL CORP no ticker0.4%$4.1m
NYCBEUR NEW YORK CMNTY BANCORP INC0.3%$3.4m
KLAC KLA CORP0.3%$3.2m
Clayton Homes Inc CMH no ticker0.3%$3.0m
Ohio Casualty Corp OCAS no ticker0.3%$2.7m
NATIONAL INSTRS CORP no ticker0.3%$2.6m
Catalina Marketing no ticker0.2%$1.9m
ARCTIC CAT INC no ticker0.2%$1.9m
BPFH BOSTON PRIVATE FINL HLDGS IN0.2%$1.9m
Cascade CAE no ticker0.1%$1.3m
FDS FACTSET RESH SYS INC0.07%$682k

Sector mix

  • Unclassified62.6%
  • Financial Services18.6%
  • Industrials9.3%
  • Consumer Cyclical8.1%
  • Consumer Defensive1.1%
  • Healthcare0.2%
  • Communication Services0.1%

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