WhaleCreep

Select Equity Group Inc 13F holdings, Q4 2003

Hedge fundSEC filingsCompare with another fundHoldings as of 2003-12-31, filed 2004-02-12

Select Equity Group Inc disclosed 71 US equity positions worth $2.4bn in its Q4 2003 13F filing. Its largest position is Washington Post -Cl B WPO at 9.4% of the reported book, followed by BRO and ISCAUSD. Versus Q2 2003 it opened 26 new positions, added to 28, reduced 16 and exited 26.

$2.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
71
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
9.4%
Largest position
The largest single position as a share of the reported equity book.
45.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
30
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 2003: 26 new, 28 added, 16 reduced, 26 exited

50 of 71
Washington Post -Cl B WPO no ticker–9.4%$229m289,204+224%added
BRO BROWN & BROWN INCFinancial Services5.7%$137m4.21m+203%added
ISCAUSD INTERNATIONAL SPEEDWAY CORP–4.6%$112m2.51m+32%added
BLK BLACKROCK INCFinancial Services4.1%$100m1.88m+59%added
MKL MARKEL GROUP INCFinancial Services3.9%$94.9m374,249−1.8%reduced
HCC INS HLDGS INC no ticker–3.8%$92.8m2.92m+151%added
MDPUSD MEREDITH CORP–3.7%$88.7m1.82m+304%added
MATW MATTHEWS INTL CORPIndustrials3.6%$86.6m2.93m+15%added
Commerce Bancorp Inc/NJ CBH no ticker–3.4%$82.1m1.56m+46%added
ETD ETHAN ALLEN INTERIORS INCConsumer Cyclical3.3%$80.1m1.91m+59%added
MHK MOHAWK INDS INCConsumer Cyclical3.1%$75.5m1.07m+174%added
FELE FRANKLIN ELEC INCIndustrials2.9%$70.8m1.17m+21%added
Performance Food Group Inc no ticker–2.8%$68.9m1.91m−22%reduced
MCO MOODYS CORPFinancial Services2.7%$65.1m1.08m−16%reduced
AZO AUTOZONE INCConsumer Cyclical2.6%$62.3m730,630–new
HRB BLOCK H & R INCConsumer Cyclical2.5%$60.9m1.10m+25%added
TECHNE CORP no ticker–2.3%$56.1m1.49m−29%reduced
Hilb, Rogal & Hobbs HRH no ticker–2.2%$53.4m1.66m−33%reduced
WAT WATERS CORPHealthcare2.2%$52.7m1.59m–new
Ceridian CEN no ticker–2.0%$48.2m2.30m+18%added
First American Corp FAF no ticker–2.0%$48.1m1.62m+33%added
Sylvan Learning Systems Inc no ticker–1.9%$45.6m1.58m+97%added
Choicepoint Inc CPS no ticker–1.8%$43.1m1.13m+7.4%added
Nasdaq 100 Index UNIT SER 1 no ticker–1.7%$42.0m1.15m–new
The PMI Group Inc PMI no ticker–1.2%$29.9m802,700+110%added
HARMAN INTL INDS INC no ticker–1.1%$25.8m348,500–new
KEX KIRBY CORPIndustrials1.0%$24.1m690,500+3.7%added
VZ VERIZON COMMUNICATIONS INCCommunication Services1.0%$23.5m670,600–new
ATWOOD OCEANICS INC no ticker–0.9%$22.0m689,100−23%reduced
Berkshire Hathaway no ticker–0.8%$19.9m7,0570.0%held
WRB BERKLEY W R CORPFinancial Services0.8%$19.5m558,050+58%added
DEVRY ED GROUP INC no ticker–0.8%$19.3m769,100–new
HSIC HENRY SCHEIN INCHealthcare0.8%$18.8m278,300−1.0%reduced
BIO BIO RAD LABS INCHealthcare0.8%$18.3m318,000–new
NATIONAL INSTRS CORP no ticker–0.7%$17.3m381,400–new
FISV FISERV INC–0.7%$17.3m437,000+67%added
Barra BARZ no ticker–0.7%$16.9m476,877−33%reduced
Hillenbrand Industries H no ticker–0.7%$16.7m269,750–new
FICO FAIR ISAAC CORPTechnology0.7%$16.7m453,800–new
Centex Corp CTX no ticker–0.6%$15.7m146,000–new
Alderwoods AWGI no ticker–0.6%$13.8m1.47m+9128%added
DENTSPLY INTL INC NEW no ticker–0.6%$13.6m300,300+218%added
IRON MTN INC no ticker–0.5%$13.1m331,300–new
Inamed Corp IMDC no ticker–0.5%$12.6m225,100–new
TROW PRICE T ROWE GROUP INCFinancial Services0.5%$12.0m253,400–new
EXPD EXPEDITORS INTL WASH INCIndustrials0.5%$11.1m293,506−44%reduced
PII POLARIS INCConsumer Cyclical0.4%$10.0m113,300–new
TR TOOTSIE ROLL INDS INCConsumer Defensive0.4%$9.1m253,375−56%reduced
Countrywide Financial Corp no ticker–0.3%$8.4m110,799–new
Charter One Fin Inc CF no ticker–0.3%$7.6m219,450+48%added

Exited since Q2 2003

26 rows
First Health Group Corp FHC no ticker5.2%$91.6m
Lincare Holdings LNCR no ticker4.3%$75.5m
Roto-Rooter Inc RRR no ticker3.5%$61.5m
WTWEUR WEIGHT WATCHERS INTL INC NEW3.3%$57.6m
CINF CINCINNATI FINL CORP0.7%$11.7m
Oxford Health Plans Inc OHP no ticker0.6%$11.3m
ZBRA ZEBRA TECHNOLOGIES CORP0.6%$10.4m
Saga Communications Inc-Cl A no ticker0.6%$10.0m
Midcap SPDR Trust MDY UNIT SER 1 no ticker0.5%$8.3m
BEN FRANKLIN RESOURCES INC0.4%$7.0m
PGR PROGRESSIVE CORP0.4%$6.6m
NYCBEUR NEW YORK CMNTY BANCORP INC0.3%$6.0m
PENN PENN ENTERTAINMENT INC0.3%$6.0m
PracticeWorks Inc no ticker0.3%$5.5m
ULTIMATE SOFTWARE GROUP INC no ticker0.2%$4.1m
INVESTMENT TECHNOLOGY GRP NE no ticker0.2%$3.7m
ATLANTIC TELE NETWORK INC no ticker0.2%$3.7m
Input/Output Inc. IO no ticker0.2%$3.4m
DGX QUEST DIAGNOSTICS INC0.2%$3.0m
ON ASSIGNMENT INC no ticker0.2%$2.6m
YUSD ALLEGHANY CORP DEL0.1%$2.2m
GTN GRAY TELEVISION INC0.1%$2.2m
FSTR FOSTER L B CO0.07%$1.2m
OMEGA PROTEIN CORP no ticker0.06%$1.0m
HUBG HUB GROUP INC0.04%$746k
Scientific Technologies Inc no ticker0.03%$577k

Sector mix

  • Unclassified55.2%
  • Financial Services18.1%
  • Consumer Cyclical12.0%
  • Industrials8.5%
  • Healthcare3.7%
  • Communication Services1.0%
  • Technology0.9%
  • Consumer Defensive0.4%
  • Basic Materials0.3%

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