Tremblant Capital’s $560 Million Services Share Positions: CAKE, UNP, LOW, UPS, V

Wall St. Watchdog reveals information regarding Tremblant Capital Management’s top holdings in the Services sector for the quarter ending September 30th, 2011. The firm held 20 stocks in the Services sector at the end of the quarter with an aggregate market value of $560.182 million.

  • The Cheesecake Factory Incorporated (NASDAQ:CAKE): On 06/30/2011, Tremblant Capital Management reported holding 1,416,453 shares with a market value of $44,434,132. This comprised 3.09% of the total portfolio. On 09/30/2011, Tremblant Capital Management reported holding 3,123,399 shares with a market value of $76,991,784. This comprised 6.01% of the total portfolio. The net change in shares for this position over the two quarters is 1,706,946. About Company: The Cheesecake Factory Incorporated operates casual dining restaurants under the name The Cheesecake Factory. The Company’s restaurants offer appetizers, sandwiches, pasta, various meats, and varieties of cheesecake. The Cheesecake Factory operates in the United States.
  • Union Pacific Corporation (NYSE:UNP): On 06/30/2011, Tremblant Capital Management reported holding 726,711 shares with a market value of $75,868,630. This comprised 5.28% of the total portfolio. On 09/30/2011, Tremblant Capital Management reported holding 667,728 shares with a market value of $54,533,345. This comprised 4.26% of the total portfolio. The net change in shares for this position over the two quarters is -58,983. About Company: Union Pacific Corporation is a rail transportation company. The Company’s railroad hauls a variety of goods, including agricultural, automotive, and chemical products. Union Pacific offersslong-haul routes from all major West Coast and Gulf Coast ports to eastern gateways as well as connects with Canada’s rail systems and serves the major gateways to Mexico.
  • Lowe’s Companies Inc. (NYSE:LOW): On 06/30/2011, Tremblant Capital Management reported holding 3,464,138 shares with a market value of $80,749,055. This comprised 5.62% of the total portfolio. On 09/30/2011, Tremblant Capital Management reported holding 2,779,894 shares with a market value of $53,763,150. This comprised 4.2% of the total portfolio. The net change in shares for this position over the two quarters is -684,244. About Company: Lowe’s Companies, Inc. is a home improvement retailer that distributes building materials and supplies through stores in the United States. The Company offers a complete line of products and services for home decorating, maintenance, repair, remodeling, and property maintenance.
  • United Parcel Service Inc. (NYSE:UPS): On 06/30/2011, Tremblant Capital Management reported holding 601,460 shares with a market value of $43,864,478. This comprised 3.05% of the total portfolio. On 09/30/2011, Tremblant Capital Management reported holding 784,799 shares with a market value of $49,560,058. This comprised 3.87% of the total portfolio. The net change in shares for this position over the two quarters is 183,339. About Company: United Parcel Service, Inc.(NYSE:UPS) delivers packages and documents throughout the United States and in other countries and territories. The Company also provides global supply chain services and less-than-truckload transportation, primarily in the U.S. UPS’s business consists of integrated air and ground pick-up and delivery network
  • Pier 1 Imports Inc. (NYSE:PIR): On 06/30/2011, Tremblant Capital Management reported holding 3,137,683 shares with a market value of $36,302,991. This comprised 2.53% of the total portfolio. On 09/30/2011, Tremblant Capital Management reported holding 4,656,129 shares with a market value of $45,536,940. This comprised 3.56% of the total portfolio. The net change in shares for this position over the two quarters is 1,518,446. About Company: Pier 1 Imports, Inc. retails decorative home furnishings, gifts, and related items. Pier 1 stores are located in the United States, Puerto Rico, Canada, the United Kingdom, and Mexico.
  • Melco Crown Entertainment Ltd. (NASDAQ:MPEL): On 06/30/2011, Tremblant Capital Management reported holding 4,828,204 shares with a market value of $61,656,167. This comprised 4.29% of the total portfolio. On 09/30/2011, Tremblant Capital Management reported holding 5,379,395 shares with a market value of $44,702,775. This comprised 3.49% of the total portfolio. The net change in shares for this position over the two quarters is 551,191. About Company: Melco Crown Entertainment. Ltd. develops, owns and operates casino gaming and entertainment resort facilities.
  • Gnc Acquisition Holdings Inc. (NYSE:GNC): On 06/30/2011, Tremblant Capital Management reported holding 2,477,042 shares with a market value of $54,024,285. This comprised 3.76% of the total portfolio. On 09/30/2011, Tremblant Capital Management reported holding 2,161,334 shares with a market value of $43,486,042. This comprised 3.4% of the total portfolio. The net change in shares for this position over the two quarters is -315,708. About Company: GNC Acquisition Holdings Inc. operates a chain of health and wellness stores throughout the United States and internationally. The Company is a global specialty retailer of health and wellness products, including vitamins, minerals and herbal supplements (“VMHS”) products, sports nutrition products and diet products.
  • Visa Inc. (NYSE:V): On 06/30/2011, Tremblant Capital Management reported holding 668,850 shares with a market value of $56,357,302. This comprised 3.92% of the total portfolio. On 09/30/2011, Tremblant Capital Management reported holding 474,654 shares with a market value of $40,687,341. This comprised 3.18% of the total portfolio. The net change in shares for this position over the two quarters is -194,196. About Company: Visa Inc. operates a retail electronic payments network and manages global financial services. The Company also offers global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses and government entities.
  • Cvs Caremark Corporation (NYSE:CVS): On 06/30/2011, Tremblant Capital Management reported holding 1,465,767 shares with a market value of $55,083,527. This comprised 3.83% of the total portfolio. On 09/30/2011, Tremblant Capital Management reported holding 956,830 shares with a market value of $32,139,920. This comprised 2.51% of the total portfolio. The net change in shares for this position over the two quarters is -508,937. About Company: CVS Caremark Corporation is an integrated pharmacy health care provider. The Company’s offerings include pharmacy benefit management services; mail order, retail and specialty pharmacy; disease management programs; and retail clinics. The company operates drugstores throughout the U.S., the District of Columbia, and Puerto Rico.
  • Bona Film Group Limited – American Depositary Shares (NASDAQ:BONA): On 06/30/2011, Tremblant Capital Management reported holding 4,082,296 shares with a market value of $15,104,495. This comprised 1.05% of the total portfolio. On 09/30/2011, Tremblant Capital Management reported holding 4,771,911 shares with a market value of $22,618,857. This comprised 1.77% of the total portfolio. The net change in shares for this position over the two quarters is 689,615. About Company: Bona Film Group Limited is an integrated film group. The Company’s activities include film production and distribution as well as film advertising and owning movie theaters. Bona Film Group also operates a talent agency.

(Note: Data regarding Tremblant Capital Management’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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