$492 Million is the total value of Locust Wood Capital Advisers's 45 reported holdings in Q3 2013. The portfolio turnover from Q2 2013 to Q3 2013 was 46.5% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| KMI | Buy | KINDER MORGAN INC DEL | $35,798,000 | +56.1% | 1,006,409 | +67.4% | 7.28% | +50.1% |
| HHC | Sell | HOWARD HUGHES CORP | $32,567,000 | -2.5% | 289,822 | -2.7% | 6.62% | -6.2% |
| HES | Sell | HESS CORP | $30,495,000 | -2.5% | 394,295 | -16.1% | 6.20% | -6.2% |
| CMCSA | Buy | COMCAST CORP NEWcl a | $28,595,000 | +27.5% | 633,820 | +18.0% | 5.82% | +22.6% |
| QRTEA | Buy | LIBERTY INTERACTIVE CORP | $26,857,000 | +4.5% | 1,144,304 | +2.5% | 5.46% | +0.5% |
| TMO | Buy | THERMO FISHER SCIENTIFIC INC | $21,792,000 | +10.3% | 236,480 | +1.3% | 4.43% | +6.1% |
| JPM | Buy | JPMORGAN CHASE & CO | $21,514,000 | +51.4% | 416,213 | +54.6% | 4.38% | +45.7% |
| GM | Buy | GENERAL MTRS CO | $21,030,000 | +21.5% | 584,655 | +12.5% | 4.28% | +16.9% |
| THI | Buy | TIM HORTONS INC | $20,602,000 | +77.4% | 355,214 | +65.7% | 4.19% | +70.6% |
| EMN | Buy | EASTMAN CHEM CO | $19,215,000 | +19.6% | 246,660 | +7.5% | 3.91% | +15.1% |
| MS | Sell | MORGAN STANLEY | $18,386,000 | +6.7% | 682,209 | -3.3% | 3.74% | +2.6% |
| NCT | Buy | NEWCASTLE INVT CORP | $15,997,000 | +18.7% | 2,846,440 | +10.4% | 3.25% | +14.1% |
| AAPL | Buy | APPLE INC | $15,801,000 | +136.6% | 33,143 | +96.8% | 3.22% | +127.7% |
| MIC | Sell | MACQUARIE INFRASTR CO LLCmembership int | $14,690,000 | -4.2% | 274,370 | -4.4% | 2.99% | -7.9% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $14,144,000 | +1.1% | 83 | 0.0% | 2.88% | -2.8% | |
| AIGWS | Buy | AMERICAN INTL GROUP*w exp 01/19/202 | $12,850,000 | +22.8% | 678,083 | +18.2% | 2.61% | +18.1% |
| GRA | Sell | GRACE W R & CO DEL NEW | $12,057,000 | +3.7% | 137,955 | -0.3% | 2.45% | -0.2% |
| RESI | Buy | ALTISOURCE RESIDENTIAL CORPcl b | $11,573,000 | +38.6% | 503,617 | +0.6% | 2.35% | +33.3% |
| LYB | New | LYONDELLBASELL INDUSTRIES N | $11,190,000 | – | 152,800 | +100.0% | 2.28% | – |
| LMCA | Sell | LIBERTY MEDIA CORP DELAWAREcl a | $10,914,000 | -3.0% | 74,170 | -16.5% | 2.22% | -6.7% |
| BRKB | Sell | BERKSHIRE HATHAWAY INC DELcl b new | $10,617,000 | +1.2% | 93,535 | -0.2% | 2.16% | -2.6% |
| FOXA | New | TWENTY FIRST CENTY FOX INCcl a | $8,517,000 | – | 254,155 | +100.0% | 1.73% | – |
| JNJ | Buy | JOHNSON & JOHNSON | $7,060,000 | +1.2% | 81,435 | +0.2% | 1.44% | -2.7% |
| KMIWS | Sell | KINDER MORGAN INC DEL*w exp 05/25/2017 | $6,530,000 | -60.4% | 1,313,812 | -59.2% | 1.33% | -61.9% |
| WPO | New | WASHINGTON POST COcl b | $6,236,000 | – | 10,200 | +100.0% | 1.27% | – |
| AIG | Sell | AMERICAN INTL GROUP INC | $6,142,000 | +8.4% | 126,300 | -0.4% | 1.25% | +4.3% |
| KKR | Sell | KKR & CO L P DEL | $5,707,000 | -21.1% | 277,310 | -24.6% | 1.16% | -24.1% |
| KS | Buy | KAPSTONE PAPER & PACKAGING C | $5,559,000 | +58.0% | 129,890 | +48.3% | 1.13% | +52.0% |
| MSFT | Sell | MICROSOFT CORP | $5,318,000 | -43.1% | 159,800 | -40.9% | 1.08% | -45.2% |
| TRV | Sell | TRAVELERS COMPANIES INC | $4,600,000 | -47.1% | 54,265 | -50.1% | 0.94% | -49.1% |
| OAK | Sell | OAKTREE CAP GROUP LLCunit 99/99/9999 | $4,446,000 | -0.4% | 84,932 | -0.1% | 0.90% | -4.2% |
| KMR | New | KINDER MORGAN MANAGEMENT LLC | $4,055,000 | – | 54,100 | +100.0% | 0.82% | – |
| STRZA | Sell | STARZ | $4,035,000 | -5.1% | 143,440 | -25.4% | 0.82% | -8.7% |
| YHOO | Sell | YAHOO INC | $3,873,000 | -58.6% | 116,750 | -68.6% | 0.79% | -60.2% |
| SGU | STAR GAS PARTNERS LPunit ltd partnr | $2,720,000 | +0.6% | 552,840 | 0.0% | 0.55% | -3.3% | |
| OKE | New | ONEOK INC NEW | $1,984,000 | – | 37,200 | +100.0% | 0.40% | – |
| XOM | Sell | EXXON MOBIL CORP | $1,644,000 | -8.9% | 19,110 | -4.3% | 0.33% | -12.3% |
| OIS | New | OIL STS INTL INC | $1,533,000 | – | 14,818 | +100.0% | 0.31% | – |
| JCPNQ | New | PENNEY JC INC | $1,361,000 | – | 154,530 | +100.0% | 0.28% | – |
| M | New | MACYS INC | $1,173,000 | – | 27,100 | +100.0% | 0.24% | – |
| WFCWS | Buy | WELLS FARGO & CO NEW*w exp 10/28/2016 | $779,000 | +2.9% | 55,475 | +0.2% | 0.16% | -1.2% |
| SIRI | New | SIRIUS XM RADIO INC | $709,000 | – | 183,046 | +100.0% | 0.14% | – |
| AAMC | New | ALTISOURCE ASSET MGMT CORP | $533,000 | – | 1,000 | +100.0% | 0.11% | – |
| PENN | Sell | PENN NATL GAMING INC | $299,000 | -93.3% | 5,400 | -93.6% | 0.06% | -93.5% |
| FIG | New | FORTRESS INVESTMENT GROUP LLcl a | $46,000 | – | 5,800 | +100.0% | 0.01% | – |
| STWD | Exit | STARWOOD PPTY TR INC | $0 | – | -25,000 | -100.0% | -0.13% | – |
| ENT | Exit | GLOBAL EAGLE ENTMT INC | $0 | – | -86,659 | -100.0% | -0.18% | – |
| STAR | Exit | ISTAR FINL INC | $0 | – | -241,230 | -100.0% | -0.58% | – |
| ARPJQ | Exit | ATLAS RESOURCE PARTNERS LPunit | $0 | – | -175,000 | -100.0% | -0.81% | – |
| KO | Exit | COCA COLA CO | $0 | – | -151,120 | -100.0% | -1.28% | – |
| PG | Exit | PROCTER & GAMBLE CO | $0 | – | -108,000 | -100.0% | -1.76% | – |
| TGT | Exit | TARGET CORP | $0 | – | -140,700 | -100.0% | -2.05% | – |
| NRZ | Exit | NEW RESIDENTIAL INVT CORP | $0 | – | -1,486,100 | -100.0% | -2.12% | – |
| MKL | Exit | MARKEL CORP | $0 | – | -21,764 | -100.0% | -2.42% | – |
Other managers
Other managers that, in addition to the filing manager(s), that filed the EDGAR filing(s):
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2013-11-04
About Locust Wood Capital Advisers
Locust Wood Capital Advisers is a New York-based investment management firm that was founded in 2002 by Stephen J. Errico. The firm manages assets for high net worth individuals, family offices, and institutional investors. Locust Wood Capital Advisers has a team of experienced professionals, including Stephen J. Errico as the CEO and Chief Investment Officer, and Michael J. Cricenti as the COO and Chief Compliance Officer.
The investment philosophy of Locust Wood Capital Advisers is centered around value investing, which involves identifying undervalued companies and investing in them for the long term. The firm's investment process involves in-depth research and analysis of companies, industries, and macroeconomic trends. The team at Locust Wood Capital Advisers seeks to identify companies with strong fundamentals, a competitive advantage, and a sustainable business model.
Locust Wood Capital Advisers has a diversified portfolio that includes investments in various sectors, including healthcare, technology, consumer goods, and financial services. The firm's investment strategy has delivered strong returns for its clients over the years, and it has a track record of outperforming the market.
In conclusion, Locust Wood Capital Advisers is a reputable investment management firm that has a team of experienced professionals and a proven investment strategy. The firm's focus on value investing and in-depth research has helped it to deliver strong returns for its clients over the years.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| JPMORGAN CHASE & CO | 42 | Q3 2023 | 5.5% |
| APPLE INC | 42 | Q3 2023 | 5.5% |
| BERKSHIRE HATHAWAY INC DEL | 42 | Q3 2023 | 4.5% |
| BERKSHIRE HATHAWAY INC DEL | 42 | Q3 2023 | 3.0% |
| STAR GROUP L P | 42 | Q3 2023 | 1.4% |
| HONEYWELL INTL INC | 36 | Q3 2023 | 4.3% |
| MICROSOFT CORP | 33 | Q3 2023 | 5.6% |
| SUNCOR ENERGY INC NEW | 32 | Q3 2023 | 8.8% |
| ABBOTT LABS | 29 | Q3 2023 | 5.6% |
| HOWARD HUGHES CORP | 26 | Q3 2019 | 7.1% |
View Locust Wood Capital Advisers's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Vertiv Holdings Co | February 08, 2021 | 3,107,727 | - |
| GS Acquisition Holdings Corp | February 04, 2020 | 5,246,499 | 6.0% |
| KAPSTONE PAPER & PACKAGING CORP | February 13, 2009 | 263,100 | 0.9% |
View Locust Wood Capital Advisers's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-07 |
| 13F-HR | 2023-11-08 |
| 13F-HR | 2023-08-08 |
| 13F-HR | 2023-05-05 |
| 13F-HR | 2023-01-30 |
| 13F-HR | 2022-11-01 |
| 13F-HR | 2022-07-20 |
| 13F-HR | 2022-05-16 |
| 13F-HR | 2022-01-24 |
| 13F-HR | 2021-10-20 |
View Locust Wood Capital Advisers's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.