$755 Million is the total value of Locust Wood Capital Advisers's 48 reported holdings in Q4 2014. The portfolio turnover from Q3 2014 to Q4 2014 was 63.6% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| LVNTA | New | LIBERTY INTERACTIVE CORP | $42,450,000 | – | 1,125,401 | +100.0% | 5.62% | – |
| MSFT | Buy | MICROSOFT CORP | $33,437,000 | +11.9% | 719,857 | +11.6% | 4.43% | +3.9% |
| QRTEA | Sell | LIBERTY INTERACTIVE CORP | $33,311,000 | -12.2% | 1,132,262 | -14.9% | 4.41% | -18.5% |
| ALLY | Buy | ALLY FINL INC | $31,574,000 | +53.8% | 1,336,735 | +50.7% | 4.18% | +42.9% |
| VRX | Buy | VALEANT PHARMACEUTICALS INTL | $29,950,000 | +501.2% | 209,278 | +451.1% | 3.97% | +457.9% |
| LBTYK | Buy | LIBERTY GLOBAL PLC | $29,345,000 | +71.2% | 607,439 | +45.4% | 3.89% | +59.0% |
| NRF | Sell | NORTHSTAR RLTY FIN CORP | $29,312,000 | -0.8% | 1,667,340 | -0.3% | 3.88% | -7.9% |
| JPM | Sell | JPMORGAN CHASE & CO | $29,312,000 | +0.5% | 468,387 | -3.3% | 3.88% | -6.7% |
| NSAM | Buy | NORTHSTAR ASSET MGMT GROUP I | $28,986,000 | +26.7% | 1,284,263 | +3.4% | 3.84% | +17.7% |
| AIGWS | Buy | AMERICAN INTL GROUP INC*w exp 01/19/202 | $26,971,000 | +6.6% | 1,095,492 | +3.1% | 3.57% | -1.0% |
| YUM | New | YUM BRANDS INC | $24,982,000 | – | 342,930 | +100.0% | 3.31% | – |
| HHC | Sell | HOWARD HUGHES CORP | $24,530,000 | -24.9% | 188,084 | -13.6% | 3.25% | -30.3% |
| LMCK | Buy | LIBERTY MEDIA CORP DELAWARE | $23,358,000 | -13.2% | 666,797 | +16.5% | 3.09% | -19.3% |
| LVLT | Buy | LEVEL 3 COMMUNICATIONS INC | $22,323,000 | +63.4% | 452,059 | +51.3% | 2.96% | +51.8% |
| MCD | New | MCDONALDS CORP | $20,688,000 | – | 220,790 | +100.0% | 2.74% | – |
| MIC | Buy | MACQUARIE INFRASTR CO LLCmembership int | $19,480,000 | +54.1% | 274,015 | +44.6% | 2.58% | +43.1% |
| OAK | Sell | OAKTREE CAP GROUP LLCunit 99/99/9999 | $19,237,000 | +401.2% | 371,147 | -14.2% | 2.55% | +365.8% |
| AAPL | Sell | APPLE INC | $19,036,000 | -0.9% | 172,457 | -9.5% | 2.52% | -7.9% |
| BRKA | BERKSHIRE HATHAWAY INC DELcl a | $18,758,000 | +9.2% | 83 | 0.0% | 2.48% | +1.5% | |
| GRA | Sell | GRACE W R & CO DEL NEW | $17,932,000 | -18.8% | 187,985 | -22.6% | 2.38% | -24.6% |
| DVA | Sell | DAVITA HEALTHCARE PARTNERS I | $17,892,000 | +2.7% | 236,224 | -0.8% | 2.37% | -4.6% |
| AAL | Sell | AMERICAN AIRLS GROUP INC | $17,848,000 | +25.8% | 332,805 | -16.8% | 2.36% | +16.9% |
| MS | Sell | MORGAN STANLEY | $15,238,000 | -13.5% | 392,735 | -22.9% | 2.02% | -19.6% |
| LBRDK | New | LIBERTY BROADBAND CORP | $13,988,000 | – | 280,766 | +100.0% | 1.85% | – |
| ALSN | Sell | ALLISON TRANSMISSION HLDGS I | $12,796,000 | +16.5% | 377,463 | -2.1% | 1.70% | +8.2% |
| BAC | Buy | BANK OF AMERICA CORPORATION | $12,694,000 | +52.4% | 709,540 | +45.2% | 1.68% | +41.6% |
| CMCSA | Buy | COMCAST CORP NEWcl a | $12,536,000 | +42.4% | 216,095 | +32.0% | 1.66% | +32.2% |
| TJX | New | TJX COS INC NEW | $11,059,000 | – | 161,250 | +100.0% | 1.46% | – |
| HON | New | HONEYWELL INTL INC | $10,735,000 | – | 107,440 | +100.0% | 1.42% | – |
| TWX | New | TIME WARNER INC | $9,898,000 | – | 115,870 | +100.0% | 1.31% | – |
| LMCA | Buy | LIBERTY MEDIA CORP DELAWAREcl a | $9,788,000 | -22.0% | 277,506 | +4.4% | 1.30% | -27.5% |
| BRKB | Buy | BERKSHIRE HATHAWAY INC DELcl b new | $9,786,000 | +25.6% | 65,175 | +15.5% | 1.30% | +16.5% |
| TRCO | New | TRIBUNE MEDIA COcl a | $9,684,000 | – | 162,023 | +100.0% | 1.28% | – |
| FOXA | Sell | TWENTY FIRST CENTY FOX INCcl a | $9,171,000 | +11.1% | 238,797 | -0.8% | 1.22% | +3.2% |
| MCK | Sell | MCKESSON CORP | $8,967,000 | -29.3% | 43,198 | -33.7% | 1.19% | -34.3% |
| WMIH | New | WMI HOLDINGS CORP | $8,105,000 | – | 3,953,902 | +100.0% | 1.07% | – |
| MMP | New | MAGELLAN MIDSTREAM PRTNRS LP | $6,149,000 | – | 74,390 | +100.0% | 0.82% | – |
| FOX | Sell | TWENTY FIRST CENTY FOX INCcl b | $5,833,000 | -62.1% | 158,123 | -65.8% | 0.77% | -64.8% |
| BK | New | BANK NEW YORK MELLON CORP | $5,635,000 | – | 138,885 | +100.0% | 0.75% | – |
| LBRDA | New | LIBERTY BROADBAND CORP | $5,403,000 | – | 107,864 | +100.0% | 0.72% | – |
| SGU | Sell | STAR GAS PARTNERS L Punit ltd partnr | $3,448,000 | +6.0% | 565,260 | -0.8% | 0.46% | -1.5% |
| SHLX | New | SHELL MIDSTREAM PARTNERS L Punit ltd int | $2,433,000 | – | 59,363 | +100.0% | 0.32% | – |
| KS | Sell | KAPSTONE PAPER & PACKAGING C | $2,377,000 | +4.0% | 81,102 | -0.7% | 0.32% | -3.4% |
| L109PS | New | ACCESS MIDSTREAM PARTNERS Lunit | $2,274,000 | – | 41,958 | +100.0% | 0.30% | – |
| QEPM | New | QEP MIDSTREAM PARTNERS LP | $2,064,000 | – | 122,929 | +100.0% | 0.27% | – |
| XOM | Sell | EXXON MOBIL CORP | $1,792,000 | -2.4% | 19,388 | -0.7% | 0.24% | -9.5% |
| LBRKR | New | LIBERTY BROADBAND CORPright 01/09/2015 | $1,170,000 | – | 123,149 | +100.0% | 0.16% | – |
| WFCWS | WELLS FARGO & CO NEW*w exp 10/28/201 | $1,167,000 | +6.0% | 54,655 | 0.0% | 0.16% | -1.3% | |
| EQT | Exit | EQT CORP | $0 | – | -21,730 | -100.0% | -0.28% | – |
| CHTR | Exit | CHARTER COMMUNICATIONS INC Dcl a new | $0 | – | -48,508 | -100.0% | -1.05% | – |
| BUD | Exit | ANHEUSER BUSCH INBEV SA/NVsponsored adr | $0 | – | -86,200 | -100.0% | -1.36% | – |
| TPUB | Exit | TRIBUNE PUBG CO | $0 | – | -522,958 | -100.0% | -1.50% | – |
| THI | Exit | TIM HORTONS INC | $0 | – | -179,161 | -100.0% | -2.01% | – |
| BKW | Exit | BURGER KING WORLDWIDE INC | $0 | – | -487,955 | -100.0% | -2.06% | – |
| APA | Exit | APACHE CORP | $0 | – | -200,595 | -100.0% | -2.68% | – |
| WMB | Exit | WILLIAMS COS INC DEL | $0 | – | -342,336 | -100.0% | -2.70% | – |
| HES | Exit | HESS CORP | $0 | – | -225,394 | -100.0% | -3.03% | – |
| EMN | Exit | EASTMAN CHEM CO | $0 | – | -276,530 | -100.0% | -3.19% | – |
| SWAY | Exit | STARWOOD WAYPOINT RESIDENTL | $0 | – | -877,731 | -100.0% | -3.26% | – |
| WYND | Exit | WYNDHAM WORLDWIDE CORP | $0 | – | -379,754 | -100.0% | -4.40% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2015-02-02
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.