WhaleCreep

Southeastern Asset Management (Mason Hawkins) 13F holdings, Q2 2011

Long-only investorSEC filingsCompare with another fundHoldings as of 2011-06-30, filed 2011-08-12

Southeastern Asset Management (Mason Hawkins) disclosed 43 US equity positions worth $15.0bn in its Q2 2011 13F filing. Its largest position is DELL INC at 12.1% of the reported book, followed by CHKEUR and DIRECTV. Versus Q1 2011 it opened 3 new positions, added to 9, reduced 17 and exited 5.

$15.0bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
43
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.1%
Largest position
The largest single position as a share of the reported equity book.
66.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
16
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
109
Quarters on file since Q1 1999
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q1 2011: 3 new, 9 added, 17 reduced, 5 exited

43 rows
DELL INC no ticker–12.1%$1.8bn109.51m+3.2%added
CHKEUR CHESAPEAKE ENERGY CORP–11.8%$1.8bn59.69m+11%added
DIRECTV no ticker–8.6%$1.3bn25.36m−22%reduced
L LOEWS CORPFinancial Services6.3%$939m22.32m+24%added
YUM YUM BRANDS INCConsumer Cyclical6.1%$914m16.55m−14%reduced
CX CEMEX SAB DE CVBasic Materials5.7%$858m99.76m+17%added
DIS DISNEY WALT COCommunication Services4.5%$683m17.49m−1.5%reduced
Aon Corporation no ticker–4.0%$607m11.83m−5.8%reduced
News Corporation no ticker–3.9%$589m33.25m+5.2%added
LIBERTY INTERACTIVE CORP no ticker–3.7%$561m33.48m−5.6%reduced
Level 3 Communications Inc no ticker–3.5%$524m214.72m−17%reduced
BNY BANK OF NY MELLON CORPFinancial Services3.3%$495m19.34m+19%added
TRV TRAVELERS COMPANIES INCFinancial Services2.9%$431m7.38m+37%added
FDX FEDEX CORPIndustrials2.7%$413m4.35m−1.6%reduced
TW TELECOM INC no ticker–2.3%$342m16.66m−3.4%reduced
EG EVEREST GROUP LTDFinancial Services2.1%$322m3.93m−1.4%reduced
CPB THE CAMPBELLS COMPANYConsumer Defensive2.0%$305m8.82m−3.6%reduced
KONINKLIJKE PHILIPS N V no ticker–2.0%$297m11.55m+163%added
Global Crossing Ltd no ticker–1.8%$277m7.22m–new
MLM MARTIN MARIETTA MATLS INCBasic Materials1.6%$234m2.93m−0.4%held
WILLIS GROUP HOLDINGS PUBLIC no ticker–1.5%$218m5.30m−10%reduced
SCI SERVICE CORP INTLConsumer Cyclical1.2%$179m15.29m−1.2%reduced
MKL MARKEL GROUP INCFinancial Services1.2%$174m439,490−11%reduced
Level 3 Communications Inc. Co CONV no ticker–1.1%$164m100.06m0.0%held
Vodafone Group Plc no ticker–1.1%$162m6.08m0.0%held
Wendy's/Arby's Group Inc no ticker–1.0%$151m29.70m0.0%held
Telephone and Data Systems Inc no ticker–0.4%$67.6m2.51m−36%reduced
ABT ABBOTT LABORATORIESHealthcare0.3%$49.4m939,000−0.3%held
VMC VULCAN MATLS COBasic Materials0.2%$35.4m920,0440.0%held
FICO FAIR ISAAC CORPTechnology0.2%$33.3m1.10m−44%reduced
The Washington Post Company no ticker–0.2%$32.4m77,301−22%reduced
TEXAS INDS INC no ticker–0.1%$19.9m477,500+47%added
Level 3 Communications Inc. Co CONV no ticker–0.1%$17.0m8.00m0.0%held
LMT LOCKHEED MARTIN CORPIndustrials0.1%$16.4m202,0000.0%held
Shanda Interactive Convertible CONV no ticker–0.09%$12.9m11.10m0.0%held
DIN DINE BRANDS GLOBAL INCConsumer Cyclical0.05%$8.0m153,4000.0%held
DDS DILLARDS INCConsumer Cyclical0.02%$2.5m47,4070.0%held
LAMAR ADVERTISING CO no ticker–0.01%$1.7m60,500–new
MTN VAIL RESORTS INCConsumer Cyclical0.01%$1.5m32,0000.0%held
Expedia Inc no ticker–0.01%$1.4m46,6210.0%held
PCH POTLATCHDELTIC CORPORATION–0.01%$1.3m38,1420.0%held
MADISON SQUARE GARDEN CO no ticker–0.01%$1.1m40,500–new
Ruddick Corporation no ticker–0.01%$958k22,000−35%reduced

Exited since Q1 2011

5 rows
PXDEUR PIONEER NAT RES CO1.5%$229m
SYMCEUR SYMANTEC CORP1.0%$142m
SEE1GBP SEALED AIR CORP NEW0.5%$78.0m
DEO DIAGEO PLC0.06%$9.3m
WOR WORTHINGTON ENTERPRISES INC0.01%$2.2m

Sector mix

  • Unclassified59.5%
  • Financial Services15.7%
  • Basic Materials7.5%
  • Consumer Cyclical7.4%
  • Communication Services4.5%
  • Industrials2.9%
  • Consumer Defensive2.0%
  • Healthcare0.3%
  • Technology0.2%

Book over time

Every quarter on file (109)
QuarterPositionsEquity book
Q2 202647$1.9bn
Q1 202649$2.0bn
Q4 202553$2.2bn
Q3 202549$2.0bn
Q2 202549$2.0bn
Q1 202543$1.9bn
Q4 202444$2.1bn
Q3 202444$2.1bn
Q2 202446$2.3bn
Q1 202443$2.6bn
Q4 202345$2.6bn
Q3 202344$2.7bn
Q2 202343$2.8bn
Q1 202343$3.0bn
Q4 202240$2.9bn
Q3 202239$4.0bn
Q2 202237$4.7bn
Q1 202237$5.7bn
Q4 202135$6.0bn
Q3 202129$5.3bn
Q2 202124$5.0bn
Q1 202124$4.7bn
Q4 202025$4.5bn
Q3 202029$3.9bn
Q2 202029$4.0bn
Q1 202032$4.2bn
Q4 201929$6.0bn
Q3 201927$5.7bn
Q2 201928$6.1bn
Q1 201930$6.9bn
Q4 201833$7.0bn
Q3 201828$8.3bn
Q2 201829$8.9bn
Q1 201829$8.2bn
Q4 201731$8.1bn
Q3 201728$8.3bn
Q2 201729$9.1bn
Q1 201729$9.8bn
Q4 201631$10.4bn
Q3 201629$10.4bn
Q2 201631$9.8bn
Q1 201631$10.5bn
Q4 201531$11.1bn
Q3 201531$11.8bn
Q2 201528$14.9bn
Q1 201530$15.9bn
Q4 201428$17.4bn
Q3 201430$18.3bn
Q2 201427$18.8bn
Q1 201428$18.4bn
Q4 201333$20.4bn
Q3 201333$20.0bn
Q2 201337$20.3bn
Q1 201337$13.6bn
Q4 201249$13.4bn
Q3 201246$13.5bn
Q2 201247$13.7bn
Q1 201247$13.9bn
Q4 201143$12.8bn
Q3 201145$12.4bn
Q2 201143$15.0bn
Q1 201145$14.8bn
Q4 201045$14.4bn
Q3 201043$13.2bn
Q2 201041$11.9bn
Q1 201038$13.3bn
Q4 200939$13.3bn
Q3 200940$14.0bn
Q2 200941$11.8bn
Q1 200943$10.3bn
Q4 200845$10.6bn
Q3 200846$16.3bn
Q2 200845$18.5bn
Q1 200847$17.5bn
Q4 200752$19.3bn
Q3 200748$19.8bn
Q2 200745$19.5bn
Q1 200745$17.5bn
Q4 200645$17.0bn
Q3 200652$16.1bn
Q2 200647$15.0bn
Q1 200647$14.7bn
Q4 200549$14.3bn
Q3 200549$13.9bn
Q2 200548$12.4bn
Q1 200545$12.0bn
Q4 200443$11.6bn
Q3 200445$10.6bn
Q2 200443$9.9bn
Q1 200444$9.8bn
Q4 200346$9.5bn
Q3 200345$8.4bn
Q2 200349$9.1bn
Q1 200350$7.7bn
Q4 200270$9.7bn
Q3 200255$7.7bn
Q2 200253$8.3bn
Q1 200250$8.8bn
Q4 200154$8.4bn
Q3 200163$7.9bn
Q2 200160$8.4bn
Q1 200164$8.5bn
Q4 200068$8.9bn
Q3 200067$8.1bn
Q2 200071$7.6bn
Q4 199976$6.7bn
Q3 199973$6.7bn
Q2 199970$6.6bn
Q1 199969$6.4bn

Where Southeastern Asset Management (Mason Hawkins) was early

59 rows
MTN Vail Resorts Inc.Q2 19991 of 1700.1%2.0%33Exited by Q3 2016+668%
DEO Diageo PlcQ2 20001 of 931.2%1.2%27Exited by Q2 2011+114%
FDX FEDEX CORPQ2 20001 of 1985.6%11.2%105Held at last filing, Q2 2026+923%
GIS General MillsQ2 20001 of 1361.0%1.0%6Exited by Q4 2001+19%
DIS DISNEY WALT COQ3 20011 of 2532.4%9.9%49Exited by Q1 2026+519%
DOX Amdocs LtdQ2 20021 of 812.8%4.9%5Exited by Q3 2003+218%
YUM Yum! Brands IncQ2 20021 of 1566.1%10.8%39Exited by Q1 2012+303%
SJR/BEUR Shaw Communications IncQ2 20022 of 850.2%2.2%18Exited by Q4 2006+79%
VYX NCR CorpQ3 20021 of 1960.5%2.4%9Exited by Q4 2004+150%
CMCSA Comcast Corporation Cl AQ4 20021 of 2192.9%6.9%41Exited by Q1 2023+345%
ADP Automatic Data ProcessingQ1 20033 of 1481.5%1.6%4Exited by Q1 2004+29%
HAS Hasbro IncQ3 20042 of 1350.8%2.1%9Exited by Q3 2023+245%
EG Everest Re Group Ltd.Q4 20042 of 1151.3%3.9%55Exited by Q3 2021+181%
CX CEMEX S.A.B. de C.V. ADRQ4 20043 of 944.6%9.3%36Exited by Q4 2013−31%
SCI Service Corporation InternatioQ2 20053 of 1130.01%1.5%33Exited by Q3 2013+125%
PCH POTLATCHDELTIC CORPORATIONQ4 20051 of 830.0%5.6%46Exited by Q1 2026–
EBAY EBay IncQ3 20069 of 1860.4%5.5%12Exited by Q3 2009−40%
MKL Markel CorporationQ3 20072 of 1020.0%1.4%20Exited by Q3 2012−8.7%
SKM SK Telecom Co. LtdQ3 20072 of 651.4%1.7%5Exited by Q4 2008−37%
DDS Dillard's Inc.Q3 20075 of 1130.01%2.5%23Exited by Q2 2020+69%
CLW CLEARWATER PAPER CORPQ4 20084 of 670.03%1.3%6Held at last filing, Q2 2026+274%
BRK/A Berkshire Hathaway Inc. ClassQ1 20092 of 612.0%2.2%16Exited by Q4 2014+139%
BNY Bank of New York Mellon CorporQ4 20095 of 1541.7%7.0%22Exited by Q2 2015+44%
CPB Campbell Soup CompanyQ2 20102 of 1301.7%2.5%5Exited by Q3 2011−3.6%
L Loews CorporationQ2 20104 of 930.9%8.8%22Exited by Q4 2015+8.5%
MLM Martin Marietta Materials Inc.Q2 20108 of 1841.0%2.7%15Exited by Q1 2014+18%
TRV The Travelers Companies Inc.Q3 20101 of 1131.7%6.8%18Exited by Q1 2015+103%
VMC Vulcan Materials CompanyQ3 20106 of 1820.2%1.6%14Exited by Q1 2014+61%
ABT ABBOTT LABORATORIESQ1 20118 of 1810.3%4.0%17Held at last filing, Q2 2026+286%
MUR Murphy Oil CorporationQ3 20111 of 1090.05%5.1%17Exited by Q4 2015−37%
WEN Wendy's CompanyQ3 20112 of 1270.03%1.0%10Exited by Q1 2014+90%
BRK/B Berkshire Hathaway Inc. ClassQ3 20116 of 1800.07%3.2%15Exited by Q2 2020+157%
BEN Franklin Resources Inc.Q4 20118 of 1170.3%2.8%21Exited by Q3 2018+0.1%
AON Aon PLCQ2 20121 of 1645.6%7.3%16Exited by Q2 2016+123%
MDLZ Mondelez International IncQ4 20124 of 1454.3%6.4%10Exited by Q2 2015+42%
NWS News Corporation - Class BQ3 20132 of 802.0%2.6%5Exited by Q4 2014−1.8%
NWSA News Corporation - Class AQ3 20134 of 1400.1%1.6%5Exited by Q4 2014+1.8%
ESRT EMPIRE ST RLTY TR INCQ4 20131 of 820.9%3.3%34Held at last filing, Q2 2026−65%
GHC GRAHAM HLDGS COQ4 20131 of 1121.8%5.9%51Held at last filing, Q2 2026+185%
VOD Vodafone Group Plc ADRQ1 201410 of 1080.2%1.1%3Exited by Q4 2014−11%
VSAT ViaSat Inc.Q2 20145 of 1260.2%5.0%25Exited by Q3 2020−34%
MCD McDonald's CorporationQ3 201411 of 1923.8%7.0%6Exited by Q1 2016+25%
WYNN Wynn Resorts LimitedQ1 201512 of 1823.6%11.5%17Exited by Q1 2020+10%
GOOG ALPHABET INCQ4 201525 of 3508.3%8.3%31Exited by Q2 2025+312%
RL Ralph Lauren CorporationQ2 20168 of 1482.5%2.7%4Exited by Q2 2017−8.9%
YUMC Yum China Holding Inc.Q4 20162 of 1502.3%2.7%8Exited by Q2 2019+72%
TROW T. Rowe Price Group Inc.Q4 201611 of 1202.6%4.0%5Exited by Q1 2018+39%
PK PARK HOTELS & RESORTS INCQ2 20172 of 1391.2%7.1%20Exited by Q3 2025−62%
MAT MATTEL INCQ3 20175 of 1302.1%9.2%36Held at last filing, Q2 2026−10%
CNX CNX RES CORPQ4 20171 of 1169.0%10.0%35Held at last filing, Q2 2026+132%

Concentration and tenure

10.3%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
63.9%
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
6
Median completed holding, quarters