WhaleCreep

Southeastern Asset Management (Mason Hawkins) 13F holdings, Q3 2011

Long-only investorSEC filingsCompare with another fundHoldings as of 2011-09-30, filed 2011-11-14

Southeastern Asset Management (Mason Hawkins) disclosed 45 US equity positions worth $12.4bn in its Q3 2011 13F filing. Its largest position is DELL INC at 12.9% of the reported book, followed by CHKEUR and DIRECTV. Versus Q2 2011 it opened 8 new positions, added to 20, reduced 9 and exited 6.

$12.4bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
45
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
12.9%
Largest position
The largest single position as a share of the reported equity book.
66.3%
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 Q2 2011: 8 new, 20 added, 9 reduced, 6 exited

45 rows
DELL INC no ticker–12.9%$1.6bn112.74m+2.9%added
CHKEUR CHESAPEAKE ENERGY CORP–12.5%$1.6bn60.67m+1.6%added
DIRECTV no ticker–8.1%$1.0bn23.70m−6.6%reduced
L LOEWS CORPFinancial Services6.8%$845m24.47m+9.6%added
DIS DISNEY WALT COCommunication Services5.4%$665m22.04m+26%added
YUM YUM BRANDS INCConsumer Cyclical4.9%$606m12.26m−26%reduced
Aon Corporation no ticker–4.3%$531m12.64m+6.8%added
LIBERTY INTERACTIVE CORP no ticker–4.0%$501m33.95m+1.4%added
News Corporation no ticker–3.8%$466m30.11m−9.4%reduced
FDX FEDEX CORPIndustrials3.6%$445m6.58m+51%added
TRV TRAVELERS COMPANIES INCFinancial Services3.4%$427m8.77m+19%added
BNY BANK OF NY MELLON CORPFinancial Services3.4%$426m22.93m+19%added
Level 3 Communications Inc no ticker–2.9%$359m240.79m+12%added
KONINKLIJKE PHILIPS N V no ticker–2.9%$354m19.72m+71%added
CX CEMEX SAB DE CVBasic Materials2.8%$351m111.10m+11%added
EG EVEREST GROUP LTDFinancial Services2.5%$311m3.92m−0.4%held
TW TELECOM INC no ticker–2.2%$275m16.62m−0.2%held
Global Crossing Ltd no ticker–1.8%$229m9.58m+33%added
MLM MARTIN MARIETTA MATLS INCBasic Materials1.8%$227m3.59m+23%added
ABT ABBOTT LABORATORIESHealthcare1.7%$212m4.15m+342%added
WILLIS GROUP HOLDINGS PUBLIC no ticker–1.4%$176m5.11m−3.6%reduced
InterContinental Hotels Group no ticker–1.3%$160m9.95m–new
SCI SERVICE CORP INTLConsumer Cyclical1.1%$139m15.19m−0.6%reduced
Level 3 Communications Inc. Co CONV no ticker–1.0%$128m100.06m0.0%held
MKL MARKEL GROUP INCFinancial Services1.0%$120m336,008−24%reduced
Vodafone Group Plc no ticker–0.7%$88.7m3.46m−43%reduced
VMC VULCAN MATLS COBasic Materials0.5%$56.8m2.06m+124%added
The Washington Post Company no ticker–0.2%$25.3m77,3010.0%held
TEXAS INDS INC no ticker–0.2%$21.7m682,800+43%added
IR INGERSOLL-RAND PLCIndustrials0.2%$20.9m743,394–new
Telephone and Data Systems Inc no ticker–0.2%$18.9m957,116−62%reduced
Level 3 Communications Inc. Co CONV no ticker–0.09%$11.3m8.00m0.0%held
BRK/B BERKSHIRE HATHAWAY INC DEL–0.07%$9.1m128,200–new
MUR MURPHY OIL CORPEnergy0.05%$6.1m137,700–new
DIN DINE BRANDS GLOBAL INCConsumer Cyclical0.05%$5.9m153,4000.0%held
WEN The Wendy's CoConsumer Cyclical0.03%$4.1m883,000–new
SAKS INC no ticker–0.02%$2.9m332,000–new
FICO FAIR ISAAC CORPTechnology0.02%$2.8m129,127−88%reduced
DDS DILLARDS INCConsumer Cyclical0.02%$2.1m47,4070.0%held
MADISON SQUARE GARDEN CO no ticker–0.01%$1.6m71,500+77%added
LAMAR ADVERTISING CO no ticker–0.01%$1.4m85,000+40%added
MTN VAIL RESORTS INCConsumer Cyclical0.01%$1.4m37,000+16%added
SNI SCRIPPS NETWORKS INTERACT IN–0.01%$1.2m33,000–new
PCH POTLATCHDELTIC CORPORATION–0.01%$1.2m38,1420.0%held
QUICKSILVER RESOURCES INC no ticker–0.01%$1.1m141,760–new

Exited since Q2 2011

6 rows
CPB THE CAMPBELLS COMPANY2.0%$305m
Wendy's/Arby's Group Inc no ticker1.0%$151m
LMT LOCKHEED MARTIN CORP0.1%$16.4m
Shanda Interactive Convertible CONV no ticker0.09%$12.9m
Expedia Inc no ticker0.01%$1.4m
Ruddick Corporation no ticker0.01%$958k

Sector mix

  • Unclassified60.6%
  • Financial Services17.2%
  • Consumer Cyclical6.1%
  • Communication Services5.4%
  • Basic Materials5.1%
  • Industrials3.8%
  • Healthcare1.7%
  • Energy0.05%
  • Technology0.02%

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