Hedge Fund’s $1.7 Billion Services Stock Investments in Q3

Wall St. Watchdog reveals information regarding Select Equity Group’s top holdings in the Services sector for the quarter ending September 30th, 2011. The firm held 21 stocks in the Services sector at the end of the quarter with an aggregate market value of $1.772 billion.

  • Sherwin-williams Co. (NYSE:SHW): On 06/30/2011, Select Equity Group reported holding 2,675,724 shares with a market value of $224,412,979. This comprised 5.09% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 3,090,621 shares with a market value of $235,814,392. This comprised 5.36% of the total portfolio. The net change in shares for this position over the two quarters is 414,897. About Company: The Sherwin-Williams Company manufactures, distributes, and sells paints, coatings, and related products. The Company’s products are sold to professional, industrial, commercial, and retail customers primarily in North and South America. Sherwin Williams also has additional operations in the Caribbean region, Europe and Asia.
  • O’reilly Automotive Inc. (NASDAQ:ORLY): On 06/30/2011, Select Equity Group reported holding 2,711,417 shares with a market value of $177,624,933. This comprised 4.03% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 2,587,108 shares with a market value of $172,378,999. This comprised 3.92% of the total portfolio. The net change in shares for this position over the two quarters is -124,309. About Company: O’Reilly Automotive, Inc. retails and supplies automotive aftermarket parts, tools, supplies, equipment, and accessories. The Company sells its products to do-it-yourself customers and professional mechanics or service technicians. O’Reilly operates stores throughout the United States.
  • Itt Educational Services Inc. (NYSE:ESI): On 06/30/2011, Select Equity Group reported holding 2,048,459 shares with a market value of $160,271,428. This comprised 3.64% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 2,925,232 shares with a market value of $168,434,864. This comprised 3.83% of the total portfolio. The net change in shares for this position over the two quarters is 876,773. About Company: ITT Educational Services, Inc. provides technology-oriented postsecondary degree programs in the United States. The Company’s institutes offer associate, bachelor, and master degree programs, as well as non-degree diploma programs.
  • Signet Jewelers Limited (NYSE:SIG): On 06/30/2011, Select Equity Group reported holding 4,230,965 shares with a market value of $198,051,477. This comprised 4.49% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 4,958,952 shares with a market value of $167,612,574. This comprised 3.81% of the total portfolio. The net change in shares for this position over the two quarters is 727,987. About Company: Signet Jewelers Ltd. retails jewelry, watches, gifts and accessories. The Company operates in the United States and the United Kingdom.
  • Kirby Corporation (NYSE:KEX): On 06/30/2011, Select Equity Group reported holding 2,451,159 shares with a market value of $138,907,176. This comprised 3.15% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 3,107,806 shares with a market value of $163,594,906. This comprised 3.72% of the total portfolio. The net change in shares for this position over the two quarters is 656,647. About Company: Kirby Corporation operates a fleet of inland tank barges. The Company transports industrial chemicals, refined petroleum products, black oil products, and agricultural chemicals. Kirby also overhauls and services diesel engines employed in marine, power generation, and rail applications.
  • Westinghouse Air Brake Technologies Corporation (NYSE:WAB): On 06/30/2011, Select Equity Group reported holding 3,012,205 shares with a market value of $197,962,116. This comprised 4.49% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 3,086,030 shares with a market value of $163,158,403. This comprised 3.71% of the total portfolio. The net change in shares for this position over the two quarters is 73,825. About Company: Wabtec Corporation, doing business as Westinghouse Air Brake Technologies Corporation, provides technology products and services for the rail industry on a worldwide basis. The Company manufactures a range of products for locomotives, freight cars, and passenger transit vehicles. Wabtec also builds new locomotives and provides aftermarket services.
  • Henry Schein Inc. (NASDAQ:HSIC): On 06/30/2011, Select Equity Group reported holding 1,668,124 shares with a market value of $119,420,991. This comprised 2.71% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 2,251,169 shares with a market value of $139,594,986. This comprised 3.17% of the total portfolio. The net change in shares for this position over the two quarters is 583,045. About Company: Henry Schein, Inc. distributes healthcare products and services, including practice management software, to office-based healthcare practitioners. The Company has operations in North America and other countries. Henry Schein’s operations include direct marketing, telesales, and field sales.
  • Patterson Companies Inc. (NASDAQ:PDCO): On 06/30/2011, Select Equity Group reported holding 4,662,458 shares with a market value of $153,348,241. This comprised 3.48% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 3,636,392 shares with a market value of $104,109,900. This comprised 2.37% of the total portfolio. The net change in shares for this position over the two quarters is -1,026,066. About Company: Patterson Companies Inc. distributes dental products, veterinary supplies for companion pets, and rehabilitation supplies. The Company sells and markets to dental clinics and laboratories, veterinarians, and to the physical and occupational therapy markets.
  • Expeditors International Of Washington Inc. (NASDAQ:EXPD): On 06/30/2011, Select Equity Group reported holding 0 shares. On 09/30/2011, Select Equity Group reported holding 2,411,166 shares with a market value of $97,772,779. This comprised 2.22% of the total portfolio. The net change in shares for this position over the two quarters is 2,411,166. About Company: Expeditors International of Washington, Inc. is a global logistics company. The Company provides air and ocean freight forwarding, vendor consolidation, customs clearance, marine insurance, distribution, and other international logistics services.
  • Interpublic Group Of Companies Inc. (NYSE:IPG): On 06/30/2011, Select Equity Group reported holding 11,709,080 shares with a market value of $146,363,500. This comprised 3.32% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 12,784,604 shares with a market value of $92,049,146. This comprised 2.09% of the total portfolio. The net change in shares for this position over the two quarters is 1,075,524. About Company: The Interpublic Group of Companies, Inc. is an organization of advertising agencies and marketing service companies. The Company operates globally in the sectors of advertising, independent media buying, direct marketing, healthcare communications, interactive consulting services, marketing research, promotions, experiential marketing, public relations, and sports marketing.

(Note: Data regarding Select Equity Group’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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