Select Equity’s $580 Million Stock Investments in Tech Companies

Wall St. Watchdog reveals information regarding Select Equity Group’s top holdings in the Technology sector for the quarter ending September 30th, 2011. The firm held 10 stocks in the Technology sector at the end of the quarter with an aggregate market value of $580.948 million.

  • Garmin Ltd. (NASDAQ:GRMN): On 06/30/2011, Select Equity Group reported holding 5,203,465 shares with a market value of $171,870,443. This comprised 3.9% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 4,983,957 shares with a market value of $158,340,316. This comprised 3.6% of the total portfolio. The net change in shares for this position over the two quarters is -219,508. About Company: Garmin Ltd. provides navigation, communications, and information devices, most of which are enabled by Global Positioning System (NYSE:GPS) technology. The Company designs, develops, manufactures, and markets hand-held, portable, and fixed mount GPS-enabled products and other navigation, communications, and information products under the GARMIN brand name.
  • Ihs Inc. (NYSE:IHS): On 06/30/2011, Select Equity Group reported holding 1,301,748 shares with a market value of $108,591,816. This comprised 2.46% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 1,641,861 shares with a market value of $122,827,617. This comprised 2.79% of the total portfolio. The net change in shares for this position over the two quarters is 340,113. About Company: IHS Inc. provides provides critical information and insight in the areas of Energy, Product Lifecycle, Security, Environment and Macroeconomics that global businesses use for decision-making and management.
  • Amphenol Corporation (NYSE:APH): On 06/30/2011, Select Equity Group reported holding 2,649,243 shares with a market value of $143,032,634. This comprised 3.25% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 1,654,309 shares with a market value of $67,446,179. This comprised 1.53% of the total portfolio. The net change in shares for this position over the two quarters is -994,934. About Company: Amphenol Corporation designs, manufactures, and markets electrical, electronic and fiber optic connectors, interconnect systems, and coaxial and flat-ribbon cable. The Company’s products are used in a variety of industries, including telephone, wireless, and data communications systems, cable television systems, and commercial and military aerospace electronics.
  • Intuit Inc. (NASDAQ:INTU): On 06/30/2011, Select Equity Group reported holding 150,891 shares with a market value of $7,825,207. This comprised 0.18% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 1,211,815 shares with a market value of $57,488,502. This comprised 1.31% of the total portfolio. The net change in shares for this position over the two quarters is 1,060,924. About Company: Intuit Inc. develops and markets business and financial management software solutions for small and medium sized businesses, financial institutions, consumers, and accounting professionals The Company provides software for small business management and payroll processing, personal finance, and tax preparation and filing.
  • Waters Corp. (NYSE:WAT): On 06/30/2011, Select Equity Group reported holding 79,745 shares with a market value of $7,634,786. This comprised 0.17% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 669,987 shares with a market value of $50,577,317. This comprised 1.15% of the total portfolio. The net change in shares for this position over the two quarters is 590,242. About Company: Waters Corporation provides high-performance liquid chromatography products and services. The Company distributes its products worldwide to a wide range of industries such as pharmaceuticals, chemicals, and environmental testing. Waters also designs, manufactures, sells and services thermal analysis, rheometry and calorimetry instruments and related software products.
  • Google Inc. (NASDAQ:GOOG): On 06/30/2011, Select Equity Group reported holding 75,161 shares with a market value of $38,060,028. This comprised 0.86% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 89,570 shares with a market value of $46,132,131. This comprised 1.05% of the total portfolio. The net change in shares for this position over the two quarters is 14,409. About Company: Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches.
  • Neustar Inc. (NYSE:NSR): On 06/30/2011, Select Equity Group reported holding 2,254,913 shares with a market value of $59,078,722. This comprised 1.34% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 1,629,665 shares with a market value of $40,969,777. This comprised 0.93% of the total portfolio. The net change in shares for this position over the two quarters is -625,248. About Company: NeuStar, Inc. provides the North American communications industry with clearinghouse services. The Company operates the authoritative directories that manage telephone area codes and numbers, and enable the routing of calls of competing communications service providers, or CSPs, in the United States and Canada.
  • Micros Systems Inc. (NASDAQ:MCRS): On 06/30/2011, Select Equity Group reported holding 119,162 shares with a market value of $5,923,543. This comprised 0.13% of the total portfolio. On 09/30/2011, Select Equity Group reported holding 682,197 shares with a market value of $29,968,914. This comprised 0.68% of the total portfolio. The net change in shares for this position over the two quarters is 563,035. About Company: MICROS Systems, Inc. designs, manufactures, markets, and services enterprise information solutions for the global hospitality industry. The Company’s solutions consist of application specific software and hardware systems, supplemented by services. The hospitality industry includes lodging, table service restaurants, quick service restaurants, and entertainment venues.
  • Verisign Inc. (NASDAQ:VRSN): On 06/30/2011, Select Equity Group reported holding 0 shares. On 09/30/2011, Select Equity Group reported holding 250,029 shares with a market value of $7,153,330. This comprised 0.16% of the total portfolio. The net change in shares for this position over the two quarters is 250,029. About Company: VeriSign, Inc. provides Internet infrastructure services needed by websites, enterprises,electronic commerce providers, and individuals to conduct electronic commerce and communications over Internet protocol networks. The Company also provides Internet domain registration services for all all .com, .net, .cc, .tv, .name and .jobs domain namesand.
  • Symantec Corporation (NASDAQ:SYMC): On 06/30/2011, Select Equity Group reported holding 0 shares. On 09/30/2011, Select Equity Group reported holding 2,695,000 shares with a market value of $43,929. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 2,695,000. About Company: Symantec Corporation provides security, storage and systems management solutions to help businesses and consumers secure and manage their information. The Company offers software and services that protect, manage and control information risks related to security, data protection, storage, compliance and management.

(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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