Tremblant Capital 13F holdings, Q1 2018
Holdings as of March 31, 2018 · filings on SEC EDGAR · latest filing →
Tremblant Capital disclosed 30 US equity positions worth $1.4bn in its Q1 2018 13F filing. The largest position was REALOGY HLDGS CORP at 17.6% of the reported book, followed by CBS CORP NEW and PG. Against the Q4 2017 filing, it opened 9 new positions, added to 9 and reduced 12 among the top 30 holdings.
What did Tremblant Capital own in Q1 2018? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2017 |
|---|---|---|---|---|---|---|---|
| 1 | REALOGY HLDGS CORP | 17.6% | $252.9m | 5,132,052 | 30% | added | |
| 2 | CBS CORP NEW | 8.0% | $115.1m | 2,240,694 | 69% | added | |
| 3 | PG PROCTER AND GAMBLE CO | Consumer Defensive | 6.4% | $92.7m | 1,169,073 | 8% | added |
| 4 | PANW PALO ALTO NETWORKS INC | Technology | 5.8% | $83.8m | 461,867 | -10% | reduced |
| 5 | WYNDHAM WORLDWIDE CORP | 5.8% | $83.2m | 727,088 | 77% | added | |
| 6 | PGR PROGRESSIVE CORP OHIO | Financial Services | 5.4% | $77.5m | 1,272,508 | – | new |
| 7 | TDG TRANSDIGM GROUP INC | Industrials | 5.2% | $74.2m | 241,747 | 61% | added |
| 8 | MDLZ MONDELEZ INTL INC | Consumer Defensive | 5.1% | $72.9m | 1,748,046 | 6% | added |
| 9 | LINE CORP | 4.3% | $62.3m | 1,596,961 | -34% | reduced | |
| 10 | NOW SERVICENOW INC | Technology | 3.2% | $46.6m | 281,557 | -35% | reduced |
| 11 | MLCO MELCO RESORT ENTERTAINMENT L | Consumer Cyclical | 2.9% | $42.3m | 1,459,979 | -11% | reduced |
| 12 | TSU TIM PARTICIPACOES S A | 2.9% | $42.3m | 1,950,641 | -51% | reduced | |
| 13 | RED HAT INC | 2.7% | $39.5m | 264,301 | -6% | reduced | |
| 14 | CIGNA CORPORATION | 2.7% | $38.8m | 231,294 | 1% | added | |
| 15 | BUD ANHEUSER BUSCH INBEV SA/NV | Consumer Defensive | 2.7% | $38.6m | 351,041 | -9% | reduced |
| 16 | PYPL PAYPAL HLDGS INC | Financial Services | 2.6% | $37.1m | 489,658 | – | new |
| 17 | FIVN FIVE9 INC | Technology | 2.5% | $36.2m | 1,214,591 | 7% | added |
| 18 | HORTONWORKS INC | 2.1% | $30.3m | 1,485,832 | – | new | |
| 19 | UHS UNIVERSAL HLTH SVCS INC | Healthcare | 2.1% | $30.1m | 254,259 | -11% | reduced |
| 20 | AMZN AMAZON COM INC | Consumer Cyclical | 2.1% | $30.1m | 20,796 | -76% | reduced |
| 21 | QSR RESTAURANT BRANDS INTL INC | Consumer Cyclical | 1.9% | $26.9m | 471,709 | – | new |
| 22 | VIAB VIACOM INC NEW | 1.8% | $25.6m | 2,476,788 | -45% | reduced | |
| 23 | JD JD COM INC | Consumer Cyclical | 1.3% | $18.9m | 466,229 | 4% | added |
| 24 | TGT TARGET CORP | Consumer Defensive | 1.0% | $14.6m | 210,204 | – | new |
| 25 | KMI KINDER MORGAN INC DEL | Energy | 1.0% | $14.0m | 930,310 | – | new |
| 26 | DECK DECKERS OUTDOOR CORP | Consumer Cyclical | 0.7% | $10.3m | 114,927 | -69% | reduced |
| 27 | ULTA ULTA BEAUTY INC | Consumer Cyclical | 0.1% | $2.0m | 9,639 | – | new |
| 28 | FIVE FIVE BELOW INC | Consumer Cyclical | 0.1% | $924.0k | 12,604 | – | new |
| 29 | M MACYS INC | Consumer Cyclical | 0.0% | $679.0k | 22,818 | – | new |
| 30 | EXPRESS SCRIPTS HLDG CO | 0.0% | $314.0k | 4,546 | -36% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.