WhaleCreep

Select Equity Group Inc 13F holdings, Q3 2004

Hedge fundSEC filingsCompare with another fundHoldings as of 2004-09-30, filed 2004-11-15

Select Equity Group Inc disclosed 68 US equity positions worth $3.8bn in its Q3 2004 13F filing. Its largest position is Washington Post -Cl B WPO at 6.5% of the reported book, followed by TCF FINL CORP and ISCAUSD. Versus Q2 2004 it opened 17 new positions, added to 36, reduced 15 and exited 13.

$3.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
68
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.5%
Largest position
The largest single position as a share of the reported equity book.
44.7%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
32
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 2004: 17 new, 36 added, 15 reduced, 13 exited

50 of 68
Washington Post -Cl B WPO no ticker–6.5%$246m267,519+7.5%added
TCF FINL CORP no ticker–4.9%$187m6.17m+180%added
ISCAUSD INTERNATIONAL SPEEDWAY CORP–4.8%$181m3.63m+6.8%added
BRO BROWN & BROWN INCFinancial Services4.7%$179m3.93m−24%reduced
BLK BLACKROCK INCFinancial Services4.7%$178m2.43m+2.1%added
TROW PRICE T ROWE GROUP INCFinancial Services4.2%$160m3.14m+23%added
MHK MOHAWK INDS INCConsumer Cyclical4.2%$160m2.01m+5.1%added
MKL MARKEL GROUP INCFinancial Services3.8%$145m471,587+8.5%added
MDPUSD MEREDITH CORP–3.6%$139m2.70m+6.7%added
FELE FRANKLIN ELEC INCIndustrials3.2%$123m3.11m+7.3%added
VCA INC no ticker–3.0%$113m5.50m+150%added
ETD ETHAN ALLEN INTERIORS INCConsumer Cyclical2.9%$112m3.22m−4.3%reduced
HCC INS HLDGS INC no ticker–2.7%$103m3.43m+11%added
MCO MOODYS CORPFinancial Services2.6%$98.2m1.34m+16%added
O'Reilly Automotive ORLY no ticker–2.6%$97.6m2.55m+2446%added
Laureate Education Inc. LAU no ticker–2.4%$92.9m2.50m+31%added
TIFEUR TIFFANY & CO NEW–2.4%$90.2m2.93m+1727%added
Ceridian CEN no ticker–2.3%$88.4m4.80m−23%reduced
DEVRY ED GROUP INC no ticker–2.2%$84.2m4.07m+28%added
TECHNE CORP no ticker–2.2%$83.0m2.17m+8.0%added
Choicepoint Inc CPS no ticker–2.1%$80.5m1.89m+12%added
SCP Pool Corp POOL no ticker–2.1%$80.3m3.00m+1674%added
Suncor Energy SU no ticker–2.0%$74.6m2.33m+41%added
MATW MATTHEWS INTL CORPIndustrials1.9%$74.0m2.18m−23%reduced
IDXX IDEXX LABS INCHealthcare1.9%$71.2m1.40m–new
WAT WATERS CORPHealthcare1.8%$70.2m1.59m−14%reduced
HRB BLOCK H & R INCConsumer Cyclical1.7%$63.2m1.28m+8.0%added
First American Corp FAF no ticker–1.6%$62.6m2.03m+11%added
Pentair Inc. PNR no ticker–1.2%$47.0m1.35m−47%reduced
HSIC HENRY SCHEIN INCHealthcare1.2%$46.3m743,800+44%added
VZ VERIZON COMMUNICATIONS INCCommunication Services1.2%$43.9m1.11m+69%added
Univision Communications-A UV no ticker–1.1%$40.7m1.29m+323%added
Cox Radio Inc no ticker–0.9%$33.9m2.27m+47%added
The PMI Group Inc PMI no ticker–0.8%$29.5m726,100+52%added
Westwood One Inc WON no ticker–0.7%$25.4m1.29m+39%added
EVEUR EATON VANCE CORP–0.6%$22.7m561,100+38%added
KEX KIRBY CORPIndustrials0.5%$20.9m519,500−15%reduced
STRAYER ED INC no ticker–0.5%$19.0m165,400–new
Countrywide Financial Corp no ticker–0.5%$19.0m481,496+15%added
FISV FISERV INC–0.4%$17.1m489,950−4.5%reduced
Education Management Corp ED no ticker–0.4%$17.1m641,000–new
Nasdaq-100 Index Trckng Stock no ticker–0.4%$15.9m453,800+7.6%added
INTU INTUITTechnology0.4%$15.8m347,535+21%added
Brascan Corporation BNN no ticker–0.4%$15.3m505,200+300%added
Inter-Tel INTL no ticker–0.3%$12.6m581,300–new
EVC ENTRAVISION COMMUNICATIONS CCommunication Services0.3%$12.0m1.58m+65%added
WRB BERKLEY W R CORPFinancial Services0.3%$11.9m282,550+5.1%added
IRON MTN INC no ticker–0.3%$11.3m333,600−2.2%reduced
LMEUR LEGG MASON INC–0.2%$8.6m160,747–new
Performance Food Group Inc no ticker–0.2%$8.1m342,400−22%reduced

Exited since Q2 2004

13 rows
Hilb, Rogal & Hobbs HRH no ticker1.5%$50.7m
Berkshire Hathaway no ticker0.7%$22.1m
FICO FAIR ISAAC CORP0.6%$20.8m
EXPD EXPEDITORS INTL WASH INC0.6%$19.2m
PDCOEUR PATTERSON COS INC0.3%$9.8m
WLY WILEY JOHN & SONS INC0.2%$7.8m
Alderwoods AWGI no ticker0.2%$5.6m
Grey Global Group GREY no ticker0.1%$4.8m
Charter One Fin Inc CF no ticker0.1%$4.2m
ABG ASBURY AUTOMOTIVE GROUP INC0.1%$3.9m
Polo Ralph Lauren RL no ticker0.1%$3.6m
Interface Inc-CL A IFSIA no ticker0.06%$2.0m
LNN LINDSAY CORP0.02%$771k

Sector mix

  • Unclassified57.9%
  • Financial Services20.3%
  • Consumer Cyclical8.8%
  • Industrials6.0%
  • Healthcare4.9%
  • Communication Services1.5%
  • Technology0.4%
  • Basic Materials0.2%

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