WhaleCreep

Tremblant Capital Group 13F holdings, Q2 2011

Hedge fundSEC filingsCompare with another fundHoldings as of 2011-06-30, filed 2011-08-15

Tremblant Capital Group disclosed 35 US equity positions worth $1.9bn in its Q2 2011 13F filing. Its largest position is PG at 22.1% of the reported book, followed by UNP and LOW. Versus Q1 2011 it opened 10 new positions, added to 10, reduced 15 and exited 9.

$1.9bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
35
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
22.1%
Largest position
The largest single position as a share of the reported equity book.
67.4%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
13
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 2011: 10 new, 10 added, 15 reduced, 9 exited

35 rows
PG PROCTER & GAMBLE COConsumer Defensive22.1%$413m6.50m+12%added
UNP UNION PACIFIC CORPIndustrials7.8%$146m1.40m+109%added
LOW LOWES COS INCConsumer Cyclical6.6%$124m5.32m+75%added
MLCO MELCO RESORTS AND ENTMNT LTDConsumer Cyclical5.6%$104m8.17m−34%reduced
V VISA INCFinancial Services4.9%$92.0m1.09m+2.5%added
XLV SELECT SECTOR SPDR TR–4.8%$89.4m2.52m–new
MA MASTERCARD INCFinancial Services4.3%$80.8m268,116−14%reduced
IMAX IMAX CORPCommunication Services4.0%$75.3m2.32m−9.4%reduced
VC VISTEON CORPConsumer Cyclical4.0%$74.0m1.08m−2.2%reduced
SINA CORP no ticker–3.1%$57.6m553,047–new
CVS CVS HEALTH CORPHealthcare3.0%$55.8m1.49m−28%reduced
GNCIQ GNC HLDGS INC–3.0%$55.6m2.55m–new
CAKE CHEESECAKE FACTORY INCConsumer Cyclical2.4%$44.4m1.42m−33%reduced
UPS UNITED PARCEL SERVICE INCIndustrials2.4%$43.9m601,460+9.0%added
BIDU BAIDU INCCommunication Services2.1%$39.1m279,000−11%reduced
LLY ELI LILLY & COHealthcare2.0%$37.5m1.00m–new
PIER 1 IMPORTS INC no ticker–1.9%$36.3m3.14m−11%reduced
M Macy's, IncConsumer Cyclical1.6%$29.2m998,296−8.7%reduced
GREATBATCH INC no ticker–1.6%$29.0m1.08m+1.2%added
SYMMETRY MED INC no ticker–1.4%$25.8m2.88m+3.4%added
ORTHOFIX INTL N V no ticker–1.3%$24.0m565,442+1.3%added
NUANEUR NUANCE COMMUNICATIONS INC–1.2%$22.4m1.04m−49%reduced
MDRX VERADIGM INCHealthcare1.2%$22.2m1.14m−39%reduced
GREEN MTN COFFEE ROASTERS IN no ticker–1.2%$22.1m247,643−68%reduced
NVDA NVIDIA CORPORATIONTechnology1.2%$22.0m1.38m–new
CCIHY CHINACACHE INTL HLDG LTD–0.9%$16.8m1.81m−19%reduced
TOWERS WATSON & CO no ticker–0.9%$16.5m251,703+1.2%added
FXI ISHARES TR–0.8%$15.6m363,400−9.2%reduced
IART INTEGRA LIFESCIENCES HLDGS CHealthcare0.7%$12.8m267,949–new
GME GAMESTOP CORPConsumer Cyclical0.6%$11.7m439,900–new
AEO AMERICAN EAGLE OUTFITTERS INConsumer Cyclical0.4%$8.3m651,700−68%reduced
VIVUS INC no ticker–0.4%$6.8m841,110+1.3%added
SUNTECH PWR HLDGS CO LTD no ticker–0.3%$6.5m824,800–new
QUAD QUAD / GRAPHICS INCIndustrials0.1%$2.7m70,012–new
JNJ JOHNSON & JOHNSONHealthcare0.1%$1.9m29,000–new

Exited since Q1 2011

9 rows
HO1 HOLOGIC INC3.2%$55.8m
OMNICARE INC no ticker2.9%$52.0m
XLY SELECT SECTOR SPDR TR2.7%$47.1m
JCPCHF PENNEY J C INC2.0%$35.3m
SCHW SCHWAB CHARLES CORP1.9%$33.7m
WYNN WYNN RESORTS LTD1.8%$31.2m
COST COSTCO WHOLESALE CORPORATION0.4%$7.9m
ZQKEUR QUIKSILVER INC0.3%$5.7m
TALBOTS INC no ticker0.2%$3.0m

Sector mix

  • Unclassified22.7%
  • Consumer Defensive22.1%
  • Consumer Cyclical21.2%
  • Industrials10.3%
  • Financial Services9.3%
  • Healthcare7.0%
  • Communication Services6.1%
  • Technology1.2%

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