0000945621-12-000047.txt : 20120214 0000945621-12-000047.hdr.sgml : 20120214 20120214111912 ACCESSION NUMBER: 0000945621-12-000047 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 EFFECTIVENESS DATE: 20120214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Findlay Park Partners LLP CENTRAL INDEX KEY: 0001351950 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-11825 FILM NUMBER: 12604465 BUSINESS ADDRESS: STREET 1: 52 UPPER BROOK STREET CITY: LONDON STATE: X0 ZIP: W1K 2BU BUSINESS PHONE: 00 44 20 7468 2145 MAIL ADDRESS: STREET 1: 52 UPPER BROOK STREET CITY: LONDON STATE: X0 ZIP: W1K 2BU 13F-HR 1 findlay13f12312011.txt FORM 13F UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2011 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Findlay Park Partners LLP Address: 52 Upper Brook Street London W1K 2BU Form 13F File Number: 28-11825 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Susan Fitch Title: Director Phone: 00 44 207 468 2145 Signature, Place and Date of Signing: /s/ Susan Fitch London February 14, 2012 Report Type (Check only one): [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: NONE FORM 13F SUMMARY PAGE Report summary Number of other included managers 0 Form 13F information table entry total 130 Form 13F information table value total 4,666,982 (thousands) FINDLAY PARK PARTNERS LLP Form 13F Information Table
SHRS OR TITLE OF VALUE PRN SH/ INVESTMENT OTHER VOTING NAME CLASS CUSIP X$1,000 AMOUNT PRN DISCRETION MANAGERS AUTHORITY ---------------------------- ---------------- --------- --------- --------- --- ---------- -------- --------- SOLE SHARED NONE --------- ------ ----- 3M Co COM 88579Y101 50,087 610,000 SH SOLE 610,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Agnico Eagle Mines Ltd COM 008474108 5,819 162,667 SH SOLE 162,667 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Airgas Inc COM 009363102 109,964 1,382,667 SH SOLE 1,382,667 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Alleghany Corp Del COM 017175100 47,075 164,380 SH SOLE 164,380 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Allied Wrld Assur Com Hldg A SHS H01531104 61,332 976,000 SH SOLE 976,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Alterra Capital Holdings Lim COM G0229R108 19,380 810,863 SH SOLE 810,863 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Amdocs Ltd ORD G02602103 33,684 1,186,460 SH SOLE 1,186,460 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- American Tower Corp CL A 029912201 43,015 709,942 SH SOLE 709,942 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Amerisourcebergen Corp COM 03073E105 40,988 1,098,000 SH SOLE 1,098,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Amphenol Corp New CL A 032095101 31,505 687,292 SH SOLE 687,292 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Analog Devices Inc COM 032654105 34,990 976,000 SH SOLE 976,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Babcock & Wilcox Co New COM 05615F102 8,876 366,000 SH SOLE 366,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Banco Bradesco S A SP ADR PFD NEW 059460303 58,057 3,525,000 SH SOLE 3,525,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Bancolombia S A SPON ADR PREF 05968L102 10,611 180,000 SH SOLE 180,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Bank of New York Mellon Corp COM 064058100 15,408 767,720 SH SOLE 767,720 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Barrick Gold Corp COM 067901108 9,007 199,368 SH SOLE 199,368 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Becton Dickinson & Co COM 075887109 47,749 640,500 SH SOLE 640,500 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Bed Bath & Beyond Inc COM 075896100 16,033 273,500 SH SOLE 273,500 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Berkshire Hathaway Inc Del CL B NEW 084670702 23,455 305,000 SH SOLE 305,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Blackstone Group L P COM UNIT LTD 09253U108 14,201 1,012,204 SH SOLE 1,012,204 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Broadridge Finl Solutions In COM 11133T103 7,369 327,500 SH SOLE 327,500 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Brookdale Sr Living Inc COM 112463104 5,589 324,182 SH SOLE 324,182 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Brookfield Asset Mgmt Inc CL A LTD VT SH 112585104 47,145 1,718,751 SH SOLE 1,718,751 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Brown & Brown Inc COM 115236101 49,648 2,193,898 SH SOLE 2,193,898 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Bard C R Inc COM 067383109 28,125 327,875 SH SOLE 327,875 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- CA Inc COM 12673P105 34,659 1,719,183 SH SOLE 1,719,183 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- CBS Corp New CL B 124857202 98,037 3,599,000 SH SOLE 3,599,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Groupe CGI Inc CL A SUB VTG 39945C109 16,778 894,411 SH SOLE 894,411 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- City Natl Corp COM 178566105 11,750 264,333 SH SOLE 264,333 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- CME Group Inc COM 12572Q105 11,054 45,059 SH SOLE 45,059 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Coca Cola Co COM 191216100 92,153 1,313,467 SH SOLE 1,313,467 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Comcast Corp New CL A SPL 20030N200 73,245 3,095,750 SH SOLE 3,095,750 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Cooper Industries Plc SHS G24140108 31,048 569,684 SH SOLE 569,684 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Costco Whsl Corp New COM 22160K105 14,663 173,850 SH SOLE 173,850 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Covanta Hldg Corp COM 22282E102 6,806 512,849 SH SOLE 512,849 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Covidien Plc SHS G2554F113 69,184 1,535,726 SH SOLE 1,535,726 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Credicorp Ltd COM G2519Y108 12,645 117,000 SH SOLE 117,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Crown Castle Intl Corp COM 228227104 97,563 2,187,500 SH SOLE 2,187,500 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Crown Holdings Inc COM 228368106 50,288 1,483,850 SH SOLE 1,483,850 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Davita Inc COM 23918K108 49,849 656,342 SH SOLE 656,342 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Dentsply Intl Inc New COM 249030107 12,920 366,000 SH SOLE 366,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Devry Inc Del COM 251893103 3,696 96,228 SH SOLE 96,228 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Discovery Communicatns New COM SER C 25470F302 53,733 1,433,653 SH SOLE 1,433,653 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Dun & Bradstreet Corp Del Ne COM 26483E100 62,575 839,258 SH SOLE 839,258 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Ecolab Inc COM 278865100 87,964 1,526,350 SH SOLE 1,526,350 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Emerson Elec Co COM 291011104 30,288 649,535 SH SOLE 649,535 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Entegris Inc COM 29362U104 2,594 293,470 SH SOLE 293,470 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Equifax Inc COM 294429105 42,591 1,098,000 SH SOLE 1,098,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Exelon Corp COM 30161N101 28,586 654,000 SH SOLE 654,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Fidelity Natl Information SV COM 31620M106 56,773 2,139,943 SH SOLE 2,139,943 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Fiserv Inc COM 337738108 43,416 735,000 SH SOLE 735,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Flir Sys Inc COM 302445101 46,147 1,809,667 SH SOLE 1,809,667 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- F M C Corp COM NEW 302491303 46,243 535,900 SH SOLE 535,900 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Franco Nevada Corp COM 351858105 18,679 485,570 SH SOLE 485,570 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Gildan Activewear Inc COM 375916103 14,769 791,000 SH SOLE 791,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Global Pmts Inc COM 37940X102 22,101 465,000 SH SOLE 465,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Goodrich Corp COM 382388106 16,452 133,000 SH SOLE 133,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Grupo Televisa SA SPON ADR REP ORD 40049J206 72,451 3,455,000 SH SOLE 3,455,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Hasbro Inc COM 418056107 39,834 1,243,261 SH SOLE 1,243,261 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- HCC Ins Hldgs Inc COM 404132102 54,426 1,974,824 SH SOLE 1,974,824 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Helmerich & Payne Inc COM 423452101 58,106 997,350 SH SOLE 997,350 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Schein Henry Inc COM 806407102 109,013 1,682,563 SH SOLE 1,682,563 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Hub Group Inc CL A 443320106 25,827 785,250 SH SOLE 785,250 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Iconix Brand Group Inc COM 451055107 14,801 899,750 SH SOLE 899,750 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Invesco Ltd SHS G491BT108 12,678 630,759 SH SOLE 630,759 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Itau Unibanco Hldg SA SPON ADR REP PFD 465562106 130,143 7,100,000 SH SOLE 7,100,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Henry Jack & Assoc Inc COM 426281101 47,548 1,403,000 SH SOLE 1,403,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Kansas City Southern COM NEW 485170302 13,293 195,658 SH SOLE 195,658 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Kirby Corp COM 497266106 29,571 448,110 SH SOLE 448,110 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Kraft Foods Inc CL A 50075N104 34,784 923,150 SH SOLE 923,150 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Laboratory Corp Amer Hldgs COM NEW 50540R409 51,888 600,138 SH SOLE 600,138 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Lazard Ltd SHS A G54050102 11,659 451,715 SH SOLE 451,715 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Leucadia Natl Corp COM 527288104 16,391 723,643 SH SOLE 723,643 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Liberty Interactive Corporat INT COM SER A 53071M104 47,374 2,915,300 SH SOLE 2,915,300 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Liberty Media Corporation LIB CAP COM A 530322106 26,034 333,600 SH SOLE 333,600 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Macquarie Infrastr Co Llc MEMBERSHIP INT 55608B105 22,386 795,237 SH SOLE 795,237 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Markel Corp COM 570535104 34,703 83,621 SH SOLE 83,621 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Marsh & McLennan Cos Inc COM 571748102 30,496 953,000 SH SOLE 953,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Mastercard Inc CL A 57636Q104 64,607 170,796 SH SOLE 170,796 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Molex Inc COM 608554101 6,391 263,969 SH SOLE 263,969 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- National Oilwell Varco Inc COM 637071101 33,121 488,000 SH SOLE 488,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- NICE Sys Ltd SPONSORED ADR 653656108 59,014 1,717,516 SH SOLE 1,717,516 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Norfolk Southern Corp COM 655844108 23,370 320,794 SH SOLE 320,794 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- NVR Inc COM 62944T105 13,928 20,333 SH SOLE 20,333 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Oceaneering Intl Inc COM 675232102 39,458 843,834 SH SOLE 843,834 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Old Dominion Fght Lines Inc COM 679580100 13,450 326,375 SH SOLE 326,375 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Pall Corp COM 696429307 29,068 506,138 SH SOLE 506,138 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Partnerre Ltd COM G6852T105 29,900 462,278 SH SOLE 462,278 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- PerkinElmer Inc COM 714046109 41,526 2,091,995 SH SOLE 2,091,995 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- PNC Finl Svcs Group Inc COM 693475105 55,715 955,667 SH SOLE 955,667 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Potash Corp Sask Inc COM 73755L107 20,117 488,000 SH SOLE 488,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Precision Castparts Corp COM 740189105 15,181 91,000 SH SOLE 91,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Procter & Gamble Co COM 742718109 54,720 817,083 SH SOLE 817,083 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Progressive Waste Solutions COM 74339G101 45,263 2,354,042 SH SOLE 2,354,042 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- QEP Res Inc COM 74733V100 10,698 366,000 SH SOLE 366,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Quanta Svcs Inc COM 74762E102 9,585 444,142 SH SOLE 444,142 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Rayonier Inc COM 754907103 5,473 122,000 SH SOLE 122,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Republic Svcs Inc COM 760759100 14,561 527,585 SH SOLE 527,585 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Roper Inds Inc New COM 776696106 72,237 830,409 SH SOLE 830,409 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Seacor Holdings Inc COM 811904101 81,361 908,654 SH SOLE 908,654 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Sherwin Williams Co COM 824348106 41,057 458,017 SH SOLE 458,017 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Sigma Aldrich Corp COM 826552101 7,631 122,000 SH SOLE 122,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Snap On Inc COM 833034101 37,369 732,000 SH SOLE 732,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Southwestern Energy Co COM 845467109 21,566 671,000 SH SOLE 671,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- SPDR Gold Trust GOLD SHS 78463V107 37,585 250,000 SH SOLE 250,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- St Joe Co COM 790148100 3,592 244,000 SH SOLE 244,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Stanley Black & Decker Inc COM 854502101 45,849 671,000 SH SOLE 671,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Starwood Hotels&Resorts Wrld COM 85590A401 17,686 364,504 SH SOLE 364,504 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Superior Energy Svcs Inc COM 868157108 18,449 648,000 SH SOLE 648,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Synopsys Inc COM 871607107 44,565 1,647,508 SH SOLE 1,647,508 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Sysco Corp COM 871829107 7,980 270,428 SH SOLE 270,428 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Target Corp COM 87612E106 43,662 844,850 SH SOLE 844,850 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- TD Ameritrade Hldg Corp COM 87236Y108 74,582 4,773,250 SH SOLE 4,773,250 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Texas Instrs Inc COM 882508104 37,883 1,291,167 SH SOLE 1,291,167 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Texas Pac Ld Tr SUB CTF PROP I T 882610108 6,624 162,636 SH SOLE 162,636 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Tidewater Inc COM 886423102 9,004 183,000 SH SOLE 183,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Tyco International Ltd SHS H89128104 75,847 1,616,165 SH SOLE 1,616,165 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Union Pac Corp COM 907818108 54,736 519,568 SH SOLE 519,568 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Unit Corp COM 909218109 14,210 305,000 SH SOLE 305,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- United Parcel Service Inc CL B 911312106 38,497 523,550 SH SOLE 523,550 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Grainger W W Inc COM 384802104 48,622 256,402 SH SOLE 256,402 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Walgreen Co COM 931422109 49,990 1,495,373 SH SOLE 1,495,373 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Waste Connections Inc COM 941053100 55,873 1,676,356 SH SOLE 1,676,356 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Weatherford International Lt REG SHS H27013103 4,041 284,600 SH SOLE 284,600 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Wells Fargo & Co New COM 949746101 38,524 1,387,750 SH SOLE 1,387,750 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Westamerica Bancorporation COM 957090103 4,445 99,974 SH SOLE 99,974 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Willis Group Holdings Public SHS G96666105 18,969 488,000 SH SOLE 488,000 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Wintrust Financial Corp COM 97650W108 9,615 335,500 SH SOLE 335,500 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Woodward Inc COM 980745103 57,863 1,398,344 SH SOLE 1,398,344 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Zimmer Hldgs Inc COM 98956P102 40,155 751,400 SH SOLE 751,400 ---------------------------- ---------------- --------- --------- --------- --- ---------- --------- Total 4,666,982 ---------------------------- ---------