WhaleCreep

Southeastern Asset Management (Mason Hawkins) 13F holdings, Q3 2012

Long-only investorSEC filingsCompare with another fundHoldings as of 2012-09-30, filed 2012-11-14

Southeastern Asset Management (Mason Hawkins) disclosed 46 US equity positions worth $13.5bn in its Q3 2012 13F filing. Its largest position is CHKEUR at 8.7% of the reported book, followed by FDX and L. Versus Q2 2012 it opened 2 new positions, added to 12, reduced 19 and exited 3.

$13.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
46
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
8.7%
Largest position
The largest single position as a share of the reported equity book.
65.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
19
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 2012: 2 new, 12 added, 19 reduced, 3 exited

46 rows
CHKEUR CHESAPEAKE ENERGY CORP–8.7%$1.2bn62.31m0.0%held
FDX FEDEX CORPIndustrials7.4%$998m11.80m+33%added
L LOEWS CORPFinancial Services7.3%$995m24.11m−0.4%held
DELL INC no ticker–7.2%$978m99.22m−2.5%reduced
DIRECTV no ticker–6.9%$935m17.84m–new
AON AON PLCFinancial Services6.4%$873m16.70m+0.9%added
TRV TRAVELERS COMPANIES INCFinancial Services6.0%$817m11.97m−18%reduced
CX CEMEX SAB DE CVBasic Materials5.8%$783m94.02m−12%reduced
DIS DISNEY WALT COCommunication Services4.9%$669m12.80m−25%reduced
BNY BANK OF NY MELLON CORPFinancial Services4.7%$641m28.35m+7.9%added
LEVEL 3 COMMUNICATIONS INC no ticker–4.5%$616m26.81m−1.9%reduced
KONINKLIJKE PHILIPS N V no ticker–3.7%$504m21.50m−5.5%reduced
LIBERTY INTERACTIVE CORP no ticker–3.2%$436m23.59m−2.5%reduced
CONSOL ENERGY INC no ticker–2.9%$399m13.29m−0.9%reduced
EG EVEREST GROUP LTDFinancial Services2.6%$358m3.35m−5.0%reduced
MLM MARTIN MARIETTA MATLS INCBasic Materials2.6%$352m4.25m0.0%held
BEN FRANKLIN RESOURCES INCFinancial Services2.0%$268m2.15m+28%added
ABT ABBOTT LABORATORIESHealthcare1.5%$207m3.02m−22%reduced
TW TELECOM INC no ticker–1.5%$206m7.90m−21%reduced
InterContinental Hotels Group no ticker–1.5%$199m7.58m−41%reduced
SCI SERVICE CORP INTLConsumer Cyclical1.5%$198m14.69m−5.0%reduced
BRK/B BERKSHIRE HATHAWAY INC DEL–1.3%$182m2.06m+0.6%added
LEUCADIA NATL CORP no ticker–0.8%$111m4.89m0.0%held
VMC VULCAN MATLS COBasic Materials0.7%$96.3m2.04m−0.3%held
Vodafone Group Plc no ticker–0.6%$77.2m2.71m−2.4%reduced
SAKS INC no ticker–0.6%$75.9m7.36m+68%added
CEMEX Convertible Bond 3.75 3/ CONV no ticker–0.5%$64.2m64.71m+258%added
CEMEX Convertible Bond 3.25 3/ CONV no ticker–0.4%$55.8m56.28m+43%added
The Washington Post Company no ticker–0.3%$45.0m123,910+3.1%added
LAMAR ADVERTISING CO no ticker–0.2%$33.8m911,200−17%reduced
WEN The Wendy's CoConsumer Cyclical0.2%$31.1m6.88m+3.2%added
MUR MURPHY OIL CORPEnergy0.2%$29.1m541,6420.0%held
TEXAS INDS INC no ticker–0.2%$27.8m682,8000.0%held
IR INGERSOLL-RAND PLCIndustrials0.2%$26.0m580,700−38%reduced
RSG REPUBLIC SVCS INCIndustrials0.1%$16.2m590,300–new
MTN VAIL RESORTS INCConsumer Cyclical0.1%$15.7m272,758+9.6%added
SNI SCRIPPS NETWORKS INTERACT IN–0.09%$11.8m193,000−7.9%reduced
Level 3 Communications Inc. Co CONV no ticker–0.09%$11.5m8.00m0.0%held
WILLIS GROUP HOLDINGS PUBLIC no ticker–0.07%$9.1m246,200−90%reduced
DIN DINE BRANDS GLOBAL INCConsumer Cyclical0.05%$7.4m131,500+4.0%added
AIG American International GroupFinancial Services0.02%$2.0m62,2500.0%held
MADISON SQUARE GARDEN CO no ticker–0.02%$2.0m50,600−14%reduced
PCH POTLATCHDELTIC CORPORATION–0.01%$1.8m49,1420.0%held
QUICKSILVER RESOURCES INC no ticker–0.01%$1.1m258,0000.0%held
BRK/A BERKSHIRE HATHAWAY INC DEL–0.01%$929k70.0%held
GM General Motors CorpConsumer Cyclical0.0%$231k28,0000.0%held

Exited since Q2 2012

3 rows
DIRECTV no ticker6.9%$940m
MKL MARKEL GROUP INC0.4%$49.4m
CEMEX Convertible Bond 4.875 3 CONV no ticker0.05%$7.3m

Sector mix

  • Unclassified45.5%
  • Financial Services29.2%
  • Basic Materials9.1%
  • Industrials7.7%
  • Communication Services4.9%
  • Consumer Cyclical1.9%
  • Healthcare1.5%
  • Energy0.2%

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