WhaleCreep

Steadfast Capital Management LP 13F holdings, Q1 2018

Hedge fundSEC filingsCompare with another fundHoldings as of 2018-03-31, filed 2018-05-15

Steadfast Capital Management LP disclosed 43 US equity positions worth $5.3bn in its Q1 2018 13F filing. Its largest position is FLT1EUR at 7.0% of the reported book, followed by MSFT and WIX. Versus Q4 2017 it opened 7 new positions, added to 14, reduced 17 and exited 10.

$5.3bn
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.
7.0%
Largest position
The largest single position as a share of the reported equity book.
50.5%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
27
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
93
Quarters on file since Q4 2002
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q4 2017: 7 new, 14 added, 17 reduced, 10 exited

43 rows
FLT1EUR FLEETCOR TECHNOLOGIES INC–7.0%$372m1.84m−4.5%reduced
MSFT MICROSOFT CORPTechnology7.0%$372m4.07m+7.4%added
WIX WIX COM LTDTechnology5.9%$311m3.91m−1.8%reduced
CSX CSX CORPIndustrials5.1%$272m4.88m+7.3%added
FDC FIRST DATA CORP NEW–5.0%$267m16.66m–new
LNG CHENIERE ENERGY INCEnergy4.6%$246m4.60m−20%reduced
WP WORLDPAY INC–4.3%$228m2.77m–new
IACIEUR IAC INTERACTIVECORP–4.3%$227m1.45m−31%reduced
ANDEAVOR no ticker–3.9%$207m2.06m+8.1%added
NRG NRG ENERGY INCUtilities3.5%$186m6.09m−29%reduced
PXGBX PRAXAIR INC–3.0%$158m1.10m+43%added
ENCANA CORP no ticker–2.9%$156m14.15m−24%reduced
STLD STEEL DYNAMICS INCBasic Materials2.8%$150m3.39m−26%reduced
ADSK AUTODESK INCTechnology2.8%$149m1.19m+27%added
ATVIEUR ACTIVISION BLIZZARD INC–2.8%$147m2.17m−35%reduced
PAGS PAGSEGURO DIGITAL LTDTechnology2.6%$139m3.64m–new
MA MASTERCARD INCFinancial Services2.6%$138m786,064+1.0%added
MPC Marathon Petroleum CorpEnergy2.4%$128m1.74m−42%reduced
V VISA INCFinancial Services2.4%$127m1.06m+1.0%added
GOOG ALPHABET INCCommunication Services2.3%$122m118,158−59%reduced
BAC BANK OF AMER CORPFinancial Services2.0%$108m3.60m−21%reduced
GLW CORNING INCTechnology2.0%$104m3.73m+88%added
PE1EUR PARSLEY ENERGY INC–1.7%$92.9m3.20m−24%reduced
ULTA ULTA BEAUTY INCConsumer Cyclical1.7%$91.8m449,207−21%reduced
MTCH MATCH GROUP INCCommunication Services1.7%$90.3m2.03m–new
SBAC SBA COMMUNICATIONS CORPReal Estate1.5%$80.7m471,970–new
IQV IQVIA HLDGS INCHealthcare1.5%$80.3m818,673+1.0%added
PYPL PAYPAL HLDGS INCFinancial Services1.4%$76.8m1.01m+1.0%added
NOW SERVICENOW INCTechnology1.4%$75.8m457,899−4.0%reduced
WMB WILLIAMS COS INCEnergy1.3%$67.2m2.71m−51%reduced
TECK TECK RESOURCES LTDBasic Materials1.1%$59.5m2.31m−9.0%reduced
C CITIGROUP INCFinancial Services1.1%$58.9m872,661−14%reduced
XLF SELECT SECTOR SPDR TR–0.8%$44.1m1.60m–new
KONINKLIJKE PHILIPS N V no ticker–0.8%$43.2m1.13m+7.9%added
7SU SUMMIT MATLS INC–0.8%$41.9m1.38m+1.0%added
CARS CARS COM INCCommunication Services0.8%$41.4m1.46m+112%added
NG NOVAGOLD RESOURCES INCBasic Materials0.4%$18.6m4.30m0.0%held
GDX VANECK ETF TRUST–0.3%$18.1m825,000+51%added
TRVG TRIVAGO N VCommunication Services0.2%$13.1m1.89m–new
SFIX STITCH FIX INCConsumer Cyclical0.2%$9.8m484,0000.0%held
CHICAGO BRIDGE & IRON CO N V no ticker–0.04%$2.0m141,2710.0%held
ELECTRUM SPL ACQUISITION COR no ticker–0.01%$345k1.00m0.0%held
BRK/A BERKSHIRE HATHAWAY INC DEL–0.01%$299k10.0%held

Exited since Q4 2017

10 rows
VANTIV INC no ticker2.8%$161m
EQT EQT CORPORATION2.8%$157m
META META PLATFORMS INC1.7%$97.7m
DPZ DOMINOS PIZZA INC1.3%$72.0m
AAPL APPLE INC1.1%$61.4m
KHC KRAFT HEINZ CO0.9%$51.6m
DVN DEVON ENERGY CORP NEW0.8%$43.7m
XLE SELECT SECTOR SPDR TR0.8%$43.4m
AAP ADVANCE AUTO PARTS INC0.6%$35.6m
SNAP SNAP INC0.1%$8.0m

Sector mix

  • Unclassified37.7%
  • Technology21.6%
  • Financial Services9.5%
  • Energy8.3%
  • Industrials5.1%
  • Communication Services5.0%
  • Basic Materials4.3%
  • Utilities3.5%
  • Consumer Cyclical1.9%
  • Real Estate1.5%
  • Healthcare1.5%

Book over time

Every quarter on file (93)
QuarterPositionsEquity book
Q2 202684$3.3bn
Q1 202667$2.7bn
Q4 2025132$5.7bn
Q3 2025107$5.5bn
Q2 202573$5.4bn
Q1 202553$3.5bn
Q4 202456$4.7bn
Q3 202454$4.3bn
Q2 202451$4.2bn
Q1 202455$4.4bn
Q4 202348$4.1bn
Q3 202347$3.7bn
Q2 202350$3.8bn
Q1 202344$3.3bn
Q4 202231$2.9bn
Q3 202234$3.6bn
Q2 202238$4.4bn
Q1 202239$4.7bn
Q4 202148$5.9bn
Q3 202142$7.9bn
Q2 202152$9.1bn
Q1 202146$8.4bn
Q4 202049$9.6bn
Q3 202088$9.1bn
Q2 202083$8.5bn
Q1 202052$6.5bn
Q4 201968$8.5bn
Q3 201944$7.0bn
Q2 201953$7.1bn
Q1 201939$6.1bn
Q4 201840$5.0bn
Q3 201839$6.5bn
Q2 201841$5.8bn
Q1 201843$5.3bn
Q4 201746$5.7bn
Q3 201745$5.6bn
Q2 201746$4.8bn
Q1 201750$4.9bn
Q4 201646$4.8bn
Q3 201649$5.4bn
Q2 201647$3.9bn
Q1 201650$3.6bn
Q4 201556$4.7bn
Q3 201556$4.8bn
Q2 201558$6.2bn
Q1 201554$6.9bn
Q4 201451$5.5bn
Q3 201453$5.7bn
Q2 201447$5.2bn
Q1 201454$4.6bn
Q4 201357$4.3bn
Q3 201346$3.7bn
Q2 201344$3.4bn
Q1 201337$3.0bn
Q4 201259$3.2bn
Q3 201251$2.9bn
Q2 201253$2.8bn
Q1 201252$2.9bn
Q4 201151$2.5bn
Q3 201150$2.2bn
Q2 201129$2.0bn
Q1 201129$1.9bn
Q4 201046$2.0bn
Q3 201034$1.7bn
Q2 201038$1.3bn
Q1 201039$1.3bn
Q4 200947$1.1bn
Q3 200950$961m
Q2 200949$835m
Q1 200942$502m
Q4 200844$516m
Q3 200835$443m
Q2 200842$560m
Q1 200840$530m
Q4 200749$543m
Q2 200741$513m
Q1 200738$475m
Q4 200633$325m
Q3 200632$267m
Q2 200640$313m
Q1 200640$356m
Q4 200539$320m
Q3 200536$220m
Q2 200533$189m
Q1 200533$191m
Q4 200432$142m
Q3 200425$127m
Q3 200422$111m
Q1 200420$89.0m
Q3 200319$93.8m
Q2 200323$94.3m
Q1 200334$81.9m
Q4 200238$74.6m

Where Steadfast Capital Management LP was early

125 rows
EBAY EBAY INC.Q3 200317 of 1864.6%6.2%11Exited by Q3 2025+560%
JPM JPMORGAN CHASE & COQ1 20043 of 2313.6%3.6%11Exited by Q1 2021+203%
BAC BK OF AMERICA CORPQ1 20046 of 2323.7%6.3%35Exited by Q1 2021−25%
LEN D LENNAR CORPQ4 20045 of 1991.6%6.7%3Exited by Q3 2008−78%
PCMI D PC MALL INCQ1 20051 of 302.2%2.2%7Exited by Q4 2006−42%
CACC D CREDIT ACCEP CORP MI CHQ2 20051 of 1020.8%4.8%15Exited by Q3 2009+47%
DKS DICKS SPORTING GOODS INCQ2 20052 of 1873.7%4.3%10Held at last filing, Q2 2026+1075%
AXP D AMER EXPRESS COQ3 20053 of 1944.1%5.5%10Exited by Q2 2008−13%
CCO D CLEAR CHANNEL OUTDOO RQ4 20051 of 1302.4%2.4%2Exited by Q2 2006+17%
GME GAMESTOP CORP NEWQ4 20051 of 1243.7%5.0%9Exited by Q4 2022+532%
NEM NEWMONT CORPQ4 20053 of 1700.5%1.5%8Exited by Q3 2022+12%
PG PROCTER & GAMBLE COQ1 20064 of 1641.2%5.2%6Exited by Q1 2010+5.2%
MHK MOHAWK INDS INCQ1 20065 of 1732.2%2.2%7Held at last filing, Q2 2026+50%
GPOR GULFPORT ENERGY CORPQ2 20061 of 1382.5%3.3%7Exited by Q3 2016–
ORCL D ORACLE CORPQ3 20069 of 2562.7%8.0%8Exited by Q1 2012+45%
NBR D NABORS INDUSTRIES LT DQ4 20061 of 1252.9%2.9%3Exited by Q4 2007+12%
WU D WESTERN UNIONQ4 20062 of 1331.7%10.4%3Exited by Q4 2007−7.1%
PENN D PENN NATIONAL GAMING INCQ1 20072 of 1762.5%3.6%8Exited by Q4 2009−35%
GT D GOODYEAR TIRE & RUBR COQ1 20073 of 1451.5%7.1%3Exited by Q2 2008−17%
BIDU BAIDU INCQ1 20074 of 2311.3%1.8%3Exited by Q4 2025+1265%
AAP ADVANCE AUTO PARTS INCQ1 20075 of 1792.9%2.9%15Exited by Q4 2025+59%
UNH UNITEDHEALTH GROUP INCQ1 20076 of 2992.1%5.9%23Held at last filing, Q2 2026+685%
AAPL APPLE INCQ1 20078 of 2751.2%9.6%36Exited by Q2 2026+7548%
IBKR D INTERACTIVE BROKERS GROUP INCQ2 20071 of 1772.2%9.2%7Exited by Q2 2009−41%
CVS CVS HEALTH CORPQ2 20077 of 2164.9%6.8%11Exited by Q1 2026+118%
HOS D HELIX ENERGY SOLUTIO NS GROUPQ4 20071 of 834.3%6.8%4Exited by Q4 2008−41%
1885807D D ATHENAHEALTH INCQ1 20082 of 810.3%1.1%4Exited by Q4 2010+86%
LOW LOWES COS INCQ1 20086 of 2091.4%3.4%7Exited by Q2 2024+1010%
MLM D MARTIN MARIETTA MATE RIALS INCQ1 20087 of 1842.8%2.8%3Exited by Q1 2012−29%
QCOM D QUALCOMM INCQ2 200815 of 2460.8%2.8%5Exited by Q2 2012+53%
RRC RANGE RES CORPQ3 20083 of 14713.8%13.8%14Exited by Q3 2023−31%
FXI ISHARES TRQ4 20081 of 1351.6%1.6%3Exited by Q2 2016+16%
FDS D FACTSET RESEARCH SYS TEMS INCQ4 20082 of 1301.8%1.8%3Exited by Q3 2009+13%
VMC VULCAN MATLS COQ4 20084 of 1821.8%3.9%6Exited by Q4 2020+95%
PM PHILIP MORRIS INTL INCQ4 20086 of 1692.8%6.5%19Exited by Q3 2013+99%
MA MASTERCARD INCORPORATEDQ4 200810 of 2635.9%8.1%42Exited by Q4 2022+1889%
PGR D PROGRESSIVE CORP OHQ1 20091 of 1944.9%8.0%6Exited by Q3 2010+39%
V VISA INCQ1 200913 of 2842.4%5.4%50Exited by Q1 2026+2423%
NVR NVR INCQ2 20092 of 1451.1%3.6%7Exited by Q4 2020+713%
KO COCA COLA COQ2 20094 of 1583.5%3.6%3Exited by Q1 2010+19%
PEP PEPSICO INCQ2 20095 of 1394.3%7.4%12Exited by Q3 2025+140%
TDC D TERADATA CORPQ2 20095 of 1263.7%4.8%5Exited by Q3 2010+30%
AWK AMERICAN WTR WKS CO INC NEWQ4 20095 of 1231.1%1.4%3Exited by Q4 2020+547%
WFC WELLS FARGO & CO NEWQ4 20099 of 2123.4%8.4%12Exited by Q2 2017+106%
AEM D AGNICO-EAGLE MINES LTD CAD COQ1 20101 of 1320.7%1.1%6Exited by Q4 2012−6.8%
AIG AMERICAN INTL GROUP INCQ1 20102 of 1552.1%12.3%24Held at last filing, Q2 2026+118%
FSLR FIRST SOLAR INCQ1 20104 of 2141.4%2.9%6Held at last filing, Q2 2026+92%
QNST D QUINSTREET INCQ2 20101 of 881.2%1.2%4Exited by Q2 2011+97%
GLD SPDR GOLD TRQ3 20109 of 1911.3%5.3%16Exited by Q1 2023+33%
ORLY OREILLY AUTOMOTIVE INCQ4 20104 of 1621.9%3.0%9Exited by Q4 2020+663%

Concentration and tenure

8.1%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
50.7%
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