WhaleCreep

Tremblant Capital Group 13F holdings, Q4 2009

Hedge fundSEC filingsCompare with another fundHoldings as of 2009-12-31, filed 2010-02-16

Tremblant Capital Group disclosed 54 US equity positions worth $2.5bn in its Q4 2009 13F filing. Its largest position is PG at 18.2% of the reported book, followed by MA and V. Versus Q3 2009 it opened 10 new positions, added to 16, reduced 17 and exited 12.

$2.5bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
54
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
18.2%
Largest position
The largest single position as a share of the reported equity book.
58.2%
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.
83
Quarters on file since Q4 2005
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q3 2009: 10 new, 16 added, 17 reduced, 12 exited

50 of 54
PG PROCTER & GAMBLE COConsumer Defensive18.2%$452m7.46m+43%added
MA MASTERCARD INCFinancial Services9.7%$239m935,241+26%added
V VISA INCFinancial Services5.4%$133m1.53m−39%reduced
HO1 HOLOGIC INC–4.8%$119m8.20m+18%added
M Macy's, IncConsumer Cyclical4.7%$116m6.94m–new
AAPL APPLE INCTechnology3.4%$84.9m402,842−20%reduced
UNP UNION PACIFIC CORPIndustrials3.4%$84.9m1.33m−8.6%reduced
GREEN MTN COFFEE ROASTERS IN no ticker–3.3%$81.7m1.00m+12%added
MLCO MELCO RESORTS AND ENTMNT LTDConsumer Cyclical2.7%$66.1m19.66m+53%added
BIDU BAIDU INCCommunication Services2.6%$64.3m156,418−14%reduced
CVS CVS HEALTH CORPHealthcare2.6%$64.2m1.99m+163%added
SCHW SCHWAB CHARLES CORPFinancial Services2.5%$62.9m3.34m+38%added
IMAX IMAX CORPCommunication Services2.4%$59.6m4.48m+3.8%added
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical2.3%$58.1m659,020–new
IART INTEGRA LIFESCIENCES HLDGS CHealthcare1.9%$46.2m1.25m+13%added
RHT1EUR RED HAT INC–1.9%$46.1m1.49m−45%reduced
OMNICARE INC no ticker–1.8%$44.6m1.84m+39%added
F FORD MTR COConsumer Cyclical1.8%$43.4m4.34m−28%reduced
LIBERTY MEDIA CORP NEW LIB STAR no ticker–1.7%$42.9m930,052–new
QCOM QUALCOMM INCTechnology1.6%$38.6m834,188−83%reduced
WYNN WYNN RESORTS LTDConsumer Cyclical1.5%$38.0m652,5000.0%held
APOLLO ED GROUP INC no ticker–1.4%$35.7m589,533+29%added
LIBERTY INTERACTIVE CORP no ticker–1.1%$27.0m2.49m+47%added
TAP MOLSON COORS BEVERAGE COConsumer Defensive1.1%$26.8m593,600−37%reduced
KEL KELLANOVA–1.1%$26.6m500,2860.0%held
CAKE CHEESECAKE FACTORY INCConsumer Cyclical1.0%$25.5m1.18m−2.2%reduced
ECLIPSYS CORP no ticker–1.0%$24.4m1.32m−40%reduced
COR CENCORA INCHealthcare1.0%$24.2m929,151−23%reduced
MONSANTO CO NEW no ticker–0.9%$21.4m261,663−52%reduced
LOW LOWES COS INCConsumer Cyclical0.7%$18.4m788,622–new
AGA MED HLDGS INC no ticker–0.7%$17.6m1.19m–new
GS GOLDMAN SACHS GROUP INCFinancial Services0.6%$16.0m94,864+20%added
DIRECTV no ticker–0.6%$15.9m475,387–new
AVGO BROADCOM CORPTechnology0.6%$15.2m481,5000.0%held
LVS LAS VEGAS SANDS CORPConsumer Cyclical0.6%$14.6m974,8000.0%held
SYMMETRY MED INC no ticker–0.6%$14.4m1.79m–new
ARKANSAS BEST CORP DEL no ticker–0.6%$13.9m473,400+85%added
CBS CORP NEW no ticker–0.6%$13.9m989,000−56%reduced
INTC INTEL CORPTechnology0.5%$13.1m642,100−75%reduced
COST COSTCO WHOLESALE CORPORATIONConsumer Defensive0.5%$13.0m219,932−66%reduced
SONY SONY GROUP CORPTechnology0.5%$13.0m448,5000.0%held
GREATBATCH INC no ticker–0.5%$12.8m668,077–new
EQIX EQUINIX INCReal Estate0.5%$12.5m117,817−66%reduced
NUANEUR NUANCE COMMUNICATIONS INC–0.5%$11.4m735,900+9.1%added
SINA CORP no ticker–0.4%$11.0m242,5000.0%held
GANNETT INC no ticker–0.4%$10.8m725,700+284%added
AMXN AMERICA MOVIL SAB DE CV–0.4%$10.3m220,238–new
SOHU SOHU COM INCCommunication Services0.3%$8.5m148,9000.0%held
CYEUR CYPRESS SEMICONDUCTOR CORP–0.3%$8.0m762,000–new
NFLX NETFLIX INC.Communication Services0.3%$6.6m119,5000.0%held

Exited since Q3 2009

12 rows
DIRECTV GROUP INC no ticker2.6%$63.1m
CHIPOTLE MEXICAN GRILL INC no ticker1.9%$47.3m
LIBERTY MEDIA CORP NEW INT no ticker1.1%$27.5m
ICON PUB LTD CO no ticker0.8%$18.4m
PALM INC NEW no ticker0.7%$17.6m
EWH ISHARES INC0.6%$14.0m
FXI ISHARES TR0.3%$8.5m
WERN WERNER ENTERPRISES INC0.3%$7.4m
LAMAR ADVERTISING CO no ticker0.2%$4.5m
BURLINGTON NORTHN SANTA FE C no ticker0.1%$3.6m
PEETS COFFEE & TEA INC no ticker0.04%$1.1m
CHINA-BIOTICS INC no ticker0.03%$699k

Sector mix

  • Unclassified25.0%
  • Consumer Defensive19.8%
  • Financial Services18.2%
  • Consumer Cyclical15.4%
  • Technology6.6%
  • Communication Services5.6%
  • Healthcare5.4%
  • Industrials3.4%
  • Real Estate0.5%

Book over time

Every quarter on file (83)
QuarterPositionsEquity book
Q2 202658$3.5bn
Q1 202657$3.1bn
Q4 202568$3.9bn
Q3 202539$969m
Q2 202543$1.0bn
Q1 202544$816m
Q4 202444$953m
Q3 202439$885m
Q2 202439$878m
Q1 202438$890m
Q4 202337$875m
Q3 202338$833m
Q2 202336$900m
Q1 202336$889m
Q4 202235$1.1bn
Q3 202231$1.6bn
Q2 202229$1.7bn
Q1 202232$2.6bn
Q4 202131$2.8bn
Q3 202136$2.9bn
Q2 202136$3.2bn
Q1 202140$3.0bn
Q4 202034$3.1bn
Q3 202033$2.4bn
Q2 202034$2.2bn
Q1 202034$1.5bn
Q4 201926$1.8bn
Q3 201933$1.7bn
Q2 201932$1.5bn
Q1 201935$1.6bn
Q4 201832$1.4bn
Q3 201836$1.8bn
Q2 201833$1.5bn
Q1 201830$1.4bn
Q4 201725$1.4bn
Q3 201728$1.5bn
Q2 201726$1.2bn
Q1 201728$1.1bn
Q4 201627$1.1bn
Q3 201631$1.3bn
Q2 201640$1.2bn
Q1 201635$1.2bn
Q4 201535$1.2bn
Q3 201536$1.3bn
Q2 201533$1.3bn
Q1 201529$1.2bn
Q4 201431$1.5bn
Q3 201433$1.8bn
Q2 201437$2.0bn
Q1 201442$2.2bn
Q4 201341$2.3bn
Q3 201340$2.1bn
Q2 201339$1.7bn
Q1 201330$1.8bn
Q4 201229$2.0bn
Q3 201226$1.7bn
Q2 201227$1.4bn
Q1 201225$1.5bn
Q4 201129$1.5bn
Q3 201134$1.4bn
Q2 201135$1.9bn
Q1 201134$1.8bn
Q4 201034$2.2bn
Q3 201043$1.8bn
Q2 201051$1.9bn
Q1 201050$2.5bn
Q4 200954$2.5bn
Q3 200956$2.4bn
Q2 200951$2.1bn
Q1 200949$1.5bn
Q4 200832$1.4bn
Q3 200837$2.1bn
Q2 200842$7.6bn
Q1 200847$3.3bn
Q4 200758$3.4bn
Q3 200777$4.0bn
Q2 200773$3.4bn
Q1 200765$2.7bn
Q4 200658$2.8bn
Q3 200655$3.0bn
Q2 200657$3.2bn
Q1 200651$3.2bn
Q4 200534$3.4bn

Where Tremblant Capital Group was early

94 rows
TV GRUPO TELEVISA SA DE CV SPQ1 20063 of 792.2%2.7%5Exited by Q2 2007+50%
AVGO BROADCOM CORPQ1 20066 of 3230.07%1.9%6Exited by Q1 2010+43%
INTC INTEL CORPQ1 20068 of 2800.05%2.0%5Exited by Q1 2013+6.0%
QCOM QUALCOMM INCQ1 20069 of 2460.08%19.2%15Exited by Q1 2010−8.6%
CCOI COGENT COMM GROUP INCQ2 20061 of 1260.01%2.3%9Exited by Q3 2008+43%
GIL GILDAN ACTIVEWEAR INCQ2 20061 of 1270.04%1.1%8Exited by Q2 2008+59%
DLR DIGITAL RLTY TR INCQ3 20061 of 1461.0%2.7%7Exited by Q2 2008+13%
EVR EVERCORE INCQ3 20069 of 1120.04%1.3%16Held at last filing, Q2 2026+1086%
SBAC SBA COMMUNICATIONS CORP NEWQ4 20062 of 1511.2%4.4%26Exited by Q4 2023+628%
CMG CHIPOTLE MEXICAN GRILL INCQ4 20063 of 1850.4%2.7%10Held at last filing, Q2 2026+2882%
LOW LOWES COS INCQ4 20065 of 2090.4%7.0%14Exited by Q2 2012+0.7%
UNH UNITEDHEALTH GROUP INCQ4 20065 of 2991.1%1.2%9Exited by Q1 2009−50%
WYNN WYNN RESORTS LTDQ1 20072 of 1820.1%1.9%7Exited by Q4 2011+21%
COST COSTCO WHSL CORP NEWQ1 20074 of 1771.5%2.7%15Exited by Q2 2011+36%
FXI ISHARES TR FTSE CHINA25 IDXQ1 20075 of 1350.4%5.5%7Exited by Q4 2011−9.7%
CVS CVS CAREMARK CORPORATIONQ1 20076 of 2163.8%9.1%19Exited by Q4 2011−1.6%
UNP UNION PAC CORPQ1 200711 of 2110.8%7.8%35Exited by Q4 2015+248%
EEM ISHARES TR MSCI EMERG MKTQ2 20071 of 1344.4%4.4%2Exited by Q4 2007+14%
EQIX EQUINIX INCQ2 20072 of 1870.4%1.8%10Exited by Q2 2014+102%
HO1 HOLOGIC INCQ3 20071 of 1672.6%8.9%15Exited by Q2 2011−76%
MDRX ALLSCRIPTS HEALTHCARE SOLUTNQ3 20073 of 960.6%2.2%8Exited by Q4 2011−33%
BIDU BAIDU INCQ4 20076 of 2310.6%5.0%17Exited by Q1 2025+116%
TMO THERMO FISHER SCIENTIFIC INCQ1 20083 of 2341.5%1.5%4Exited by Q2 2009−37%
V VISA INCQ1 20083 of 2844.4%9.8%41Exited by Q1 2026+2150%
MCK MCKESSON CORPQ1 20084 of 1703.2%6.6%5Exited by Q2 2009−33%
MA MASTERCARD INCORPORATEDQ2 20089 of 2630.5%11.0%33Exited by Q1 2026+2050%
MLCO MELCO RESORTS AND ENTMNT LTDQ3 20081 of 1083.6%5.6%52Exited by Q3 2021+315%
CAKE CHEESECAKE FACTORY INCQ4 20081 of 1201.1%5.6%19Exited by Q2 2021+479%
KEL KELLOGG COQ4 20081 of 1511.0%1.2%5Exited by Q1 2010+21%
TAP MOLSON COORS BREWING COQ4 20081 of 1531.7%2.3%6Exited by Q2 2012−7.5%
NFLX NETFLIX INCQ1 20093 of 3010.2%4.9%7Exited by Q1 2018+3031%
SCHW SCHWAB CHARLES CORP NEWQ1 20094 of 2211.3%2.5%9Exited by Q2 2011+16%
SOHU SOHUQ1 20094 of 630.6%1.6%4Exited by Q1 2010+39%
COR CENCORA INCQ1 20095 of 1581.3%2.2%7Held at last filing, Q2 2026+1633%
PG PROCTER AND GAMBLE COQ1 20097 of 1645.6%44.2%59Exited by Q3 2025+238%
SONY SONY CORPQ2 20091 of 1101.3%1.3%3Exited by Q1 2010+12%
F FORD MTR CO DELQ2 20092 of 1811.5%1.8%6Exited by Q4 2010+102%
IART INTEGRA LIFESCIENCES HLDGS CQ2 20092 of 1021.6%3.5%7Exited by Q1 2012+16%
IMAX IMAX CORPQ2 20094 of 1160.6%8.9%25Exited by Q1 2016+338%
M MACYS INCQ4 20094 of 1774.7%4.7%12Exited by Q2 2018+77%
FSLR FIRST SOLAR INCQ1 20105 of 2140.4%1.3%2Exited by Q3 2010−7.2%
BAC BANK OF AMERICA CORPORATIONQ1 201018 of 2321.5%1.5%3Exited by Q4 2010−27%
GIS GENERAL MLS INCQ2 20104 of 1362.3%2.3%2Exited by Q4 2010+2.9%
XLY SELECT SECTOR SPDR TR SBI CONS DISCRQ3 20103 of 922.4%6.0%3Exited by Q2 2011+17%
AEO AMERICAN EAGLE OUTFITTERS NEQ3 20104 of 1511.2%1.8%7Exited by Q4 2017−4.4%
LYV LIVE NATION ENTERTAINMENT INQ3 20104 of 2160.8%3.9%13Held at last filing, Q2 2026+1753%
UPS UNITED PARCEL SERVICE INCQ3 20105 of 1740.7%3.6%14Exited by Q1 2014+58%
VC VISTEON CORPQ1 20111 of 1133.9%4.5%6Exited by Q3 2012−40%
GNCIQ GNC HLDGS INCQ2 20111 of 713.0%3.2%3Exited by Q1 2012+33%
GME GAMESTOP CORP NEWQ2 20114 of 1240.6%1.1%3Exited by Q1 2012−9.5%

Concentration and tenure

8.1%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
55.6%
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
3
Median completed holding, quarters