WhaleCreep

Tremblant Capital Group 13F holdings, Q2 2010

Hedge fundSEC filingsCompare with another fundHoldings as of 2010-06-30, filed 2010-08-16

Tremblant Capital Group disclosed 51 US equity positions worth $1.9bn in its Q2 2010 13F filing. Its largest position is PG at 13.5% of the reported book, followed by CVS and MA. Versus Q1 2010 it opened 7 new positions, added to 19, reduced 20 and exited 6.

$1.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
51
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
13.5%
Largest position
The largest single position as a share of the reported equity book.
60.6%
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.
83
Quarters on file since Q4 2005
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q1 2010: 7 new, 19 added, 20 reduced, 6 exited

50 of 51
PG PROCTER & GAMBLE COConsumer Defensive13.5%$255m4.26m−31%reduced
CVS CVS HEALTH CORPHealthcare9.1%$171m5.84m+154%added
MA MASTERCARD INCFinancial Services8.1%$154m770,058+4.3%added
V VISA INCFinancial Services8.1%$153m2.17m+14%added
HO1 HOLOGIC INC–3.9%$74.1m5.32m+4.0%added
LOW LOWES COS INCConsumer Cyclical3.9%$72.8m3.56m+6.3%added
MLCO MELCO RESORTS AND ENTMNT LTDConsumer Cyclical3.7%$70.1m18.73m+2.4%added
GREEN MTN COFFEE ROASTERS IN no ticker–3.6%$68.0m2.65m+292%added
IMAX IMAX CORPCommunication Services3.5%$65.9m4.52m+13%added
CAKE CHEESECAKE FACTORY INCConsumer Cyclical3.2%$59.6m2.68m+14%added
OMNICARE INC no ticker–2.9%$55.3m2.34m+12%added
UNP UNION PACIFIC CORPIndustrials2.3%$43.0m618,462−6.1%reduced
GIS GENERAL MILLS INCConsumer Defensive2.3%$42.7m1.20m–new
M Macy's, IncConsumer Cyclical2.1%$39.9m2.23m−8.2%reduced
SCHW SCHWAB CHARLES CORPFinancial Services1.9%$34.9m2.46m−19%reduced
KRAFT FOODS INC no ticker–1.8%$33.3m1.19m−6.9%reduced
SBAC SBA COMMUNICATIONS CORPReal Estate1.6%$30.6m899,213+7.2%added
MONSANTO CO NEW no ticker–1.6%$30.3m656,428+44%added
BIDU BAIDU INCCommunication Services1.6%$29.4m431,346+358%added
APOLLO ED GROUP INC no ticker–1.4%$27.2m640,000−20%reduced
GREATBATCH INC no ticker–1.4%$25.7m1.15m0.0%held
EQIX EQUINIX INCReal Estate1.3%$25.0m308,037+54%added
DIRECTV no ticker–1.3%$24.6m726,005−86%reduced
FSLR FIRST SOLAR INCTechnology1.3%$23.9m210,200+190%added
CYEUR CYPRESS SEMICONDUCTOR CORP–1.3%$23.7m2.36m−21%reduced
AAPL APPLE INCTechnology1.2%$23.0m91,504−73%reduced
WYNN WYNN RESORTS LTDConsumer Cyclical1.0%$18.4m241,700–new
SYMMETRY MED INC no ticker–1.0%$18.3m1.73m−3.2%reduced
COST COSTCO WHOLESALE CORPORATIONConsumer Defensive0.9%$17.3m316,058+86%added
LINCARE HLDGS INC no ticker–0.9%$17.0m522,500–new
ECLIPSYS CORP no ticker–0.9%$16.3m914,910−14%reduced
COCA COLA ENTERPRISES INC no ticker–0.7%$13.9m536,666−22%reduced
LIBERTY INTERACTIVE CORP no ticker–0.7%$13.1m1.25m−7.3%reduced
MEDIACOM COMMUNICATIONS CORP no ticker–0.7%$12.9m1.92m+21%added
BAC BANK OF AMER CORPFinancial Services0.6%$11.8m817,833−61%reduced
F FORD MTR COConsumer Cyclical0.6%$11.4m1.13m−66%reduced
CMA COMERICA INC–0.5%$9.4m254,000–new
ZION ZIONS BANCORPORATION NATL ASFinancial Services0.5%$9.2m425,500–new
TOWERS WATSON & CO no ticker–0.5%$8.9m228,132+11%added
LIBERTY MEDIA CORP NEW LIB STAR no ticker–0.4%$8.5m163,319−83%reduced
MGM MGM RESORTS INTERNATIONALConsumer Cyclical0.4%$8.0m826,200–new
HOG HARLEY DAVIDSON INCConsumer Cyclical0.4%$7.0m312,900+122%added
JAZZ PHARMACEUTICALS INC no ticker–0.3%$5.4m690,397−18%reduced
CBS CORP NEW no ticker–0.3%$5.1m393,900–new
ANALOGIC CORP no ticker–0.2%$4.6m100,0000.0%held
GANNETT INC no ticker–0.2%$3.5m260,700−51%reduced
NUANEUR NUANCE COMMUNICATIONS INC–0.2%$3.4m225,800−80%reduced
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical0.2%$2.9m20,948−94%reduced
K-SWISS INC no ticker–0.1%$2.2m193,5180.0%held
BENIHANA INC no ticker–0.1%$1.9m318,7870.0%held

Exited since Q1 2010

6 rows
IART INTEGRA LIFESCIENCES HLDGS C1.5%$36.7m
AGA MED HLDGS INC no ticker0.8%$19.3m
GS GOLDMAN SACHS GROUP INC0.7%$18.5m
BSX BOSTON SCIENTIFIC CORP0.3%$8.3m
ARKANSAS BEST CORP DEL no ticker0.3%$6.5m
VODAFONE GROUP PLC NEW SPONS no ticker0.2%$4.5m

Sector mix

  • Unclassified26.9%
  • Financial Services19.2%
  • Consumer Defensive16.7%
  • Consumer Cyclical15.4%
  • Healthcare9.1%
  • Communication Services5.1%
  • Real Estate2.9%
  • Technology2.5%
  • Industrials2.3%

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