WhaleCreep

Tremblant Capital Group 13F holdings, Q2 2016

Hedge fundSEC filingsCompare with another fundHoldings as of 2016-06-30, filed 2016-08-15

Tremblant Capital Group disclosed 40 US equity positions worth $1.2bn in its Q2 2016 13F filing. Its largest position is VIAB at 7.8% of the reported book, followed by CBS CORP NEW and CHTR. Versus Q1 2016 it opened 11 new positions, added to 9, reduced 20 and exited 6.

$1.2bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
40
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
7.8%
Largest position
The largest single position as a share of the reported equity book.
46.9%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
28
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 2016: 11 new, 9 added, 20 reduced, 6 exited

40 rows
VIAB VIACOM INC NEW–7.8%$95.3m2.30m−14%reduced
CBS CORP NEW no ticker–6.3%$76.2m1.40m−13%reduced
CHTR CHARTER COMMUNICATIONS INCCommunication Services4.7%$57.7m252,162–new
HOUSEUR ANYWHERE REAL ESTATE INC–4.5%$54.9m1.89m+20%added
CAR AVIS BUDGET GROUP INCIndustrials4.2%$51.4m1.59m+143%added
TSU TIM PARTICIPACOES S A–4.2%$50.9m4.82m+29%added
WYNEUR WYNDHAM DESTINATIONS INC–4.0%$49.1m689,269−4.0%reduced
NORTHSTAR ASSET MGMT GROUP I no ticker–3.8%$46.7m4.57m+18%added
RHT1EUR RED HAT INC–3.8%$45.8m630,550−7.4%reduced
NIMBLE STORAGE INC no ticker–3.5%$42.7m5.36m+10.0%added
TRIP TRIPADVISOR INCConsumer Cyclical3.4%$41.9m650,934+59%added
PANW PALO ALTO NETWORKS INCTechnology3.3%$40.4m329,171+42%added
TTSH TILE SHOP HLDGS INCConsumer Cyclical3.1%$38.1m1.92m−48%reduced
TDG TRANSDIGM GROUP INCIndustrials3.0%$37.1m140,668−29%reduced
ELLIE MAE INC no ticker–2.9%$35.4m385,860–new
SCOR COMSCORE INCTechnology2.9%$35.3m1.48m−7.6%reduced
PG PROCTER & GAMBLE COConsumer Defensive2.9%$35.3m416,803–new
MLCO MELCO RESORTS AND ENTMNT LTDConsumer Cyclical2.7%$33.1m2.63m+19%added
RCL ROYAL CARIBBEAN CRUISES LTDConsumer Cyclical2.4%$29.1m434,043+21%added
AMZN AMAZON COM INCConsumer Cyclical2.3%$28.2m39,354−26%reduced
CDK CDK GLOBAL INC–2.1%$25.9m466,390−62%reduced
APD AIR PRODUCTS AND CHEMICALS IBasic Materials2.0%$24.7m174,101−37%reduced
COLONY CAP INC no ticker–1.8%$22.4m1.46m–new
CANADIAN PAC RY LTD no ticker–1.8%$22.1m171,510−3.5%reduced
NCLH NORWEGIAN CRUISE LINE HLDGSConsumer Cyclical1.8%$22.0m552,844–new
OSIS OSI SYSTEMS INCTechnology1.7%$21.0m360,754−5.2%reduced
CMG CHIPOTLE MEXICAN GRILL INCConsumer Cyclical1.7%$20.5m50,890–new
W WAYFAIR INCConsumer Cyclical1.6%$19.7m505,061–new
DNKN DUNKIN BRANDS GROUP INC–1.3%$16.1m369,666−17%reduced
MDLZ MONDELEZ INTL INCConsumer Defensive1.3%$15.6m343,104–new
CIGNA CORPORATION no ticker–1.3%$15.5m121,290−3.5%reduced
VISN VISTANCE NETWORKS INCTechnology1.2%$14.2m456,637−50%reduced
ALLERGAN PLC no ticker–1.0%$12.5m54,263−3.5%reduced
SODASTREAM INTERNATIONAL LTD no ticker–1.0%$11.8m554,263–new
KHC KRAFT HEINZ COConsumer Defensive0.7%$8.8m99,187−5.5%reduced
JD JD.COM INCConsumer Cyclical0.7%$8.6m405,664–new
BARNES & NOBLE INC no ticker–0.4%$5.4m477,406−5.4%reduced
ANF ABERCROMBIE & FITCH COConsumer Cyclical0.4%$4.4m247,631–new
EXPRESS SCRIPTS HLDG CO no ticker–0.1%$1.7m22,848−3.9%reduced
KINDER MORGAN INC DEL no ticker–0.0%$5.0k332,082−2.7%reduced

Exited since Q1 2016

6 rows
META META PLATFORMS INC4.7%$57.0m
AON AON PLC3.1%$37.4m
CHARTER COMMUNICATIONS INC D no ticker2.9%$35.8m
NORTHSTAR RLTY FIN CORP no ticker2.7%$32.9m
ENDO INTL PLC no ticker0.6%$7.2m
NRE NORTHSTAR REALTY EUROPE CORP0.2%$2.9m

Sector mix

  • Unclassified51.8%
  • Consumer Cyclical20.2%
  • Technology9.1%
  • Industrials7.3%
  • Consumer Defensive4.9%
  • Communication Services4.7%
  • Basic Materials2.0%

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