Longview Partners Portfolio holdings
Longview Partners is a specialist global equity manager that holds a concentrated portfolio of world stocks, using the same philosophy since it started in 2001. It looks for high-quality businesses that can build value steadily over time, wants a margin of safety on price, and relies on picking individual stocks rather than steering the overall portfolio. Its clients are institutions, and Northill Capital is its majority shareholder.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
VIAB
Viacom Inc. Class B
VIAB
|
+$42.3M |
| 2 |
Advance Auto Parts
AAP
|
+$19.9M |
| 3 |
Yum! Brands
YUM
|
+$17.4M |
| 4 |
Accenture
ACN
|
+$6.46M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
HCA Healthcare
HCA
|
+$62.1M |
| 2 |
TE Connectivity
TEL
|
+$17.4M |
| 3 |
Fiserv Inc
FISV
|
+$15.4M |
| 4 |
TWX
Time Warner Inc
TWX
|
+$14.6M |
| 5 |
Bank of New York Mellon
BNY
|
+$12.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 29.91% |
| 2 | Healthcare | 24.28% |
| 3 | Financials | 21.76% |
| 4 | Communication Services | 13.52% |
| 5 | Consumer Discretionary | 10.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
HCA Healthcare
HCA
$106B
| $902M | 7.18% |
12,793,495
-940,031
| -7% | -$62.1M |
2013 Q3
4 quarters
|
|
2
Amgen
AMGN
$253B
| $807M | 6.42% |
5,745,308
-64,825
| -1% | -$8.46M |
2014 Q1
2 quarters
|
|
|
3
Bank of New York Mellon
BNY
$103B
| $770M | 6.12% |
19,875,503
-325,371
| -2% | -$12.7M |
2013 Q2
5 quarters
|
|
4
Fidelity National Information Services
FIS
$15.6B
| $743M | 5.91% |
13,191,715
-196,246
| -1% | -$11.1M |
2013 Q2
5 quarters
|
|
|
5
Fiserv Inc
FISV
$34B
| $740M | 5.88% |
22,891,132
-487,908
| -2% | -$15.4M |
2013 Q2
5 quarters
|
|
6
UnitedHealth
UNH
$361B
| $724M | 5.76% |
8,398,096
-74,185
| -0.9% | -$6.27M |
2014 Q1
2 quarters
|
|
|
TWX
7
DELISTED
Time Warner Inc
TWX
| $719M | 5.72% |
9,557,861
-188,530
| -2% | -$14.6M |
2013 Q2
5 quarters
|
|
8
Aon
AON
$71.4B
| $706M | 5.62% |
8,054,825
-119,044
| -1% | -$10.4M |
2013 Q2
5 quarters
|
|
9
Wells Fargo
WFC
$258B
| $706M | 5.62% |
13,613,328
-208,884
| -2% | -$10.7M |
2013 Q2
5 quarters
|
|
10
Oracle
ORCL
$400B
| $685M | 5.45% |
17,882,383
-283,838
| -2% | -$11.5M |
2013 Q2
5 quarters
|
|
|
11
Accenture
ACN
$150B
| $684M | 5.44% |
8,411,561
+80,621
| +1% | +$6.46M |
2013 Q2
5 quarters
|
|
12
Aptiv
APTV
$7.98B
| $665M | 5.29% |
10,833,841
-146,072
| -1% | -$10M |
2013 Q2
5 quarters
|
|
|
VIAB
13
DELISTED
Viacom Inc. Class B
VIAB
| $657M | 5.23% |
8,543,757
+514,594
| +6% | +$42.3M |
2013 Q2
5 quarters
|
|
|
14
Yum! Brands
YUM
$43B
| $640M | 5.09% |
12,371,693
+326,598
| +3% | +$17.4M |
2013 Q2
5 quarters
|
|
15
Pfizer
PFE
$168B
| $618M | 4.92% |
22,039,402
-238,408
| -1% | -$6.69M |
2013 Q2
5 quarters
|
|
|
16
TE Connectivity
TEL
$62.9B
| $588M | 4.68% |
10,638,041
-279,550
| -3% | -$17.4M |
2013 Q2
5 quarters
|
|
17
Truist Financial
TFC
$60.2B
| $554M | 4.4% |
14,877,052
-204,685
| -1% | -$7.73M |
2013 Q2
5 quarters
|
|
18
Omnicom Group
OMC
$24.4B
| $323M | 2.57% |
4,691,692
-62,662
| -1% | -$4.47M |
2014 Q1
2 quarters
|
|
19
Arrow Electronics
ARW
$10B
| $166M | 1.32% |
2,990,593
-48,332
| -2% | -$2.92M |
2013 Q2
5 quarters
|
|
20
Avnet
AVT
$7.14B
| $156M | 1.24% |
3,750,198
-52,445
| -1% | -$2.28M |
2013 Q2
5 quarters
|
|
|
21
Advance Auto Parts
AAP
$2.76B
| $19.7M | 0.16% |
+151,510
| New | +$19.9M |
2014 Q3
0 quarters
|
|
Similar funds
Longview Partners's Q3 2014 Portfolio in Review
As of Q3 2014, Longview Partners held 21 positions worth $12.6B, down 0.61% from $12.6B the previous quarter. Its ten largest holdings account for 60% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 4.8%. Longview Partners opened 1 new position and made no exits, leaving the 21-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 30% of assets, down from 31% a quarter earlier, followed by Healthcare and Financials.
- Longview Partners's largest Q3 2014 buy was Advance Auto Parts: 151,510 shares worth $19.7M.
- Longview Partners added most to Viacom Inc. Class B in Q3 2014, an estimated $42.3M increase.
- Longview Partners's biggest Q3 2014 reduction was HCA Healthcare, cutting an estimated $62.1M.
- Longview Partners's ten largest holdings make up 60% of its $12.6B portfolio in Q3 2014.
- Longview Partners opened 1 new position and closed 0 in Q3 2014.
- Longview Partners's portfolio value fell 0.61% quarter-over-quarter to $12.6B.
Based on Longview Partners's 13F filing for Q3 2014, filed 6 Nov 2014.