# Three Peaks Capital Management, LLC

> Institutional holdings reported to the SEC as of Q3 2021 on Form 13F. CIK 1598013. Source: https://holderbook.com/funds/1598013-three-peaks-capital-management-llc/

- Reported value: $300.6M
- Positions: 87
- Weight of the ten largest: 21.4%
- Filed: 2021-10-12

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| LPL FINL HLDGS INC | [LPLA](https://holderbook.com/stocks/LPLA/) | $8.7M | 55,265 | 2.9% | 12 |
| ALLY FINL INC | [ALLY](https://holderbook.com/stocks/ALLY/) | $7.7M | 151,241 | 2.6% | 9 |
| IQVIA HLDGS INC | [IQV](https://holderbook.com/stocks/IQV/) | $6.9M | 28,882 | 2.3% | 12 |
| SS&C TECH HLDGS | [SSNC](https://holderbook.com/stocks/SSNC/) | $6.3M | 90,961 | 2.1% | 12 |
| CHURCHILL DOWNS INC | [CHDN](https://holderbook.com/stocks/CHDN/) | $6.1M | 25,448 | 2.0% | 12 |
| AVANTOR INC | [AVTR](https://holderbook.com/stocks/AVTR/) | $5.9M | 145,065 | 2.0% | 10 |
| BALL CORP | [BALL](https://holderbook.com/stocks/BALL/) | $5.8M | 64,724 | 1.9% | 12 |
| NASDAQ INC | [NDAQ](https://holderbook.com/stocks/NDAQ/) | $5.8M | 30,092 | 1.9% | 12 |
| CATALENT INC | [CTLT](https://holderbook.com/stocks/CTLT/) | $5.6M | 42,024 | 1.9% | 8 |
| MOTOROLA SOLUTIONS INC | [MSI](https://holderbook.com/stocks/MSI/) | $5.5M | 23,767 | 1.8% | 12 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $5.3M | 221,699 | 1.8% | 4 |
| GALLAGHER ARTHUR J & CO | [AJG](https://holderbook.com/stocks/AJG/) | $5.3M | 35,851 | 1.8% | 8 |
| GFL ENVIRONMENTAL INC | [GFL](https://holderbook.com/stocks/GFL/) | $5.2M | 141,320 | 1.7% | 5 |
| TRANSUNION | [TRU](https://holderbook.com/stocks/TRU/) | $5.2M | 46,416 | 1.7% | 12 |
| XYLEM INC | [XYL](https://holderbook.com/stocks/XYL/) | $5.1M | 41,221 | 1.7% | 10 |
| TELEFLEX INCORPORATED | [TFX](https://holderbook.com/stocks/TFX/) | $5.1M | 13,472 | 1.7% | 12 |
| KEYSIGHT TECHNOLOGIES INC | [KEYS](https://holderbook.com/stocks/KEYS/) | $4.9M | 29,927 | 1.6% | 12 |
| CDW CORP | [CDW](https://holderbook.com/stocks/CDW/) | $4.8M | 26,461 | 1.6% | 12 |
| ZEBRA TECHNOLOGIES CORPORATI | [ZBRA](https://holderbook.com/stocks/ZBRA/) | $4.7M | 9,046 | 1.6% | 12 |
| WESCO INTL INC | [WCC](https://holderbook.com/stocks/WCC/) | $4.6M | 39,917 | 1.5% | 4 |
| CAESARS ENTERTAINMENT INC NE | [CZR](https://holderbook.com/stocks/CZR/) | $4.5M | 40,088 | 1.5% | 2 |
| DISCOVER FINL SVCS | [DFS](https://holderbook.com/stocks/DFS/) | $4.5M | 36,418 | 1.5% | 5 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $4.3M | 71,517 | 1.4% | 2 |
| BROWN & BROWN INC | [BRO](https://holderbook.com/stocks/BRO/) | $4.3M | 77,259 | 1.4% | 12 |
| GARTNER INC | [IT](https://holderbook.com/stocks/IT/) | $4.3M | 14,008 | 1.4% | 4 |
| ZIMMER BIOMET HOLDINGS INC | [ZBH](https://holderbook.com/stocks/ZBH/) | $4.2M | 28,890 | 1.4% | 11 |
| MATTEL INC | [MAT](https://holderbook.com/stocks/MAT/) | $4.2M | 224,376 | 1.4% | 6 |
| LKQ CORP | [LKQ](https://holderbook.com/stocks/LKQ/) | $3.9M | 76,572 | 1.3% | 9 |
| BLACK KNIGHT INC | [BKI](https://holderbook.com/stocks/BKI/) | $3.8M | 52,196 | 1.3% | 2 |
| VERISK ANALYTICS INC | [VRSK](https://holderbook.com/stocks/VRSK/) | $3.8M | 18,725 | 1.2% | 8 |
| GOODYEAR TIRE & RUBR CO | [GT](https://holderbook.com/stocks/GT/) | $3.7M | 209,249 | 1.2% | 3 |
| CLARIVATE PLC | [CLVT](https://holderbook.com/stocks/CLVT/) | $3.6M | 165,122 | 1.2% | 6 |
| CUSHMAN WAKEFIELD PLC | [CWK](https://holderbook.com/stocks/CWK/) | $3.6M | 192,589 | 1.2% | 2 |
| ISHARES TR | [HYG](https://holderbook.com/stocks/HYG/) | $3.6M | 40,600 | 1.2% | 6 |
| BIO RAD LABS INC | [BIO](https://holderbook.com/stocks/BIO/) | $3.5M | 4,741 | 1.2% | 12 |
| SPDR SERIES TRUST | [SJNK](https://holderbook.com/stocks/SJNK/) | $3.5M | 127,845 | 1.2% | 4 |
| ELANCO ANIMAL HEALTH INC | [ELAN](https://holderbook.com/stocks/ELAN/) | $3.5M | 109,510 | 1.2% | 10 |
| QORVO INC | [QRVO](https://holderbook.com/stocks/QRVO/) | $3.5M | 20,767 | 1.2% | 8 |
| CROWN HLDGS INC | [CCK](https://holderbook.com/stocks/CCK/) | $3.5M | 34,440 | 1.2% | 12 |
| PERFORMANCE FOOD GROUP CO | [PFGC](https://holderbook.com/stocks/PFGC/) | $3.5M | 74,380 | 1.1% | 12 |
| ENTEGRIS INC | [ENTG](https://holderbook.com/stocks/ENTG/) | $3.4M | 27,218 | 1.1% | 9 |
| SSGA ACTIVE ETF TR | [SRLN](https://holderbook.com/stocks/SRLN/) | $3.4M | 74,322 | 1.1% | 4 |
| HCA HEALTHCARE INC | [HCA](https://holderbook.com/stocks/HCA/) | $3.4M | 14,074 | 1.1% | 12 |
| ISHARES TR | [USHY](https://holderbook.com/stocks/USHY/) | $3.4M | 81,850 | 1.1% | 4 |
| APTIV PLC | [APTVXXXX](https://holderbook.com/stocks/APTVXXXX/) | $3.3M | 22,460 | 1.1% | 4 |
| EVOQUA WATER TECHNOLOGIES CO | [AQUA](https://holderbook.com/stocks/AQUA/) | $3.3M | 88,857 | 1.1% | 7 |
| BROADRIDGE FINL SOLUTIONS IN | [BR](https://holderbook.com/stocks/BR/) | $3.3M | 19,825 | 1.1% | 12 |
| DIVERSEY HLDGS LTD | [DSEY](https://holderbook.com/stocks/DSEY/) | $3.3M | 205,391 | 1.1% | 3 |
| AMERICAN WTR WKS CO INC NEW | [AWK](https://holderbook.com/stocks/AWK/) | $3.2M | 19,168 | 1.1% | 9 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $3.2M | 6,680 | 1.1% | 4 |
| TELEDYNE TECHNOLOGIES INC | [TDY](https://holderbook.com/stocks/TDY/) | $3.2M | 7,404 | 1.1% | 12 |
| AZEK CO INC | [AZEK](https://holderbook.com/stocks/AZEK/) | $3.1M | 85,175 | 1.0% | 4 |
| SERVICE CORP INTL | [SCI](https://holderbook.com/stocks/SCI/) | $3.1M | 50,922 | 1.0% | 12 |
| CHAMPIONX CORPORATION | [CHX](https://holderbook.com/stocks/CHX/) | $3.1M | 136,756 | 1.0% | 3 |
| PLANET FITNESS MASTER ISSUER | [PLNT](https://holderbook.com/stocks/PLNT/) | $3.0M | 38,803 | 1.0% | 3 |
| HOWARD HUGHES CORP | [HHC](https://holderbook.com/stocks/HHC/) | $3.0M | 34,701 | 1.0% | 4 |
| SYNCHRONY FINANCIAL | [SYF](https://holderbook.com/stocks/SYF/) | $3.0M | 60,823 | 1.0% | 2 |
| BERRY GLOBAL GROUP INC | [BERY](https://holderbook.com/stocks/BERY/) | $2.8M | 46,308 | 0.9% | 12 |
| ADAPTHEALTH CORP | [AHCO](https://holderbook.com/stocks/AHCO/) | $2.7M | 115,774 | 0.9% | 3 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $2.6M | 16,699 | 0.9% | 12 |
| SHIFT4 PMTS INC | [FOUR](https://holderbook.com/stocks/FOUR/) | $2.6M | 33,928 | 0.9% | 4 |
| REPUBLIC SVCS INC | [RSG](https://holderbook.com/stocks/RSG/) | $2.6M | 21,678 | 0.9% | 12 |
| BRIGHT HORIZONS FAM SOL IN D | [BFAM](https://holderbook.com/stocks/BFAM/) | $2.6M | 18,470 | 0.9% | 2 |
| LESLIES INC | [LESL](https://holderbook.com/stocks/LESL/) | $2.5M | 119,541 | 0.8% | 3 |
| BUILDERS FIRSTSOURCE INC | [BLDR](https://holderbook.com/stocks/BLDR/) | $2.4M | 46,562 | 0.8% | 6 |
| RACKSPACE TECHNOLOGY INC | [RXT](https://holderbook.com/stocks/RXT/) | $2.4M | 169,045 | 0.8% | 5 |
| MOLSON COORS BEVERAGE CO | [TAP](https://holderbook.com/stocks/TAP/) | $2.4M | 51,692 | 0.8% | 2 |
| BATH & BODY WORKS INC | [BBWI](https://holderbook.com/stocks/BBWI/) | $2.3M | 36,825 | 0.8% | 1 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $2.3M | 50,579 | 0.8% | 8 |
| RESIDEO TECHNOLOGIES INC | [REZI](https://holderbook.com/stocks/REZI/) | $2.3M | 93,084 | 0.8% | 3 |
| STANLEY BLACK & DECKER INC | [SWK](https://holderbook.com/stocks/SWK/) | $2.1M | 12,235 | 0.7% | 2 |
| VISTANCE NETWORKS INC | [VISN](https://holderbook.com/stocks/VISN/) | $2.1M | 153,092 | 0.7% | 3 |
| LIVE NATION ENTERTAINMENT IN | [LYV](https://holderbook.com/stocks/LYV/) | $2.0M | 22,217 | 0.7% | 2 |
| AMETEK INC | [AME](https://holderbook.com/stocks/AME/) | $2.0M | 16,008 | 0.7% | 8 |
| US FOODS HLDG CORP | [USFD](https://holderbook.com/stocks/USFD/) | $2.0M | 57,118 | 0.7% | 4 |
| VICI PPTYS INC | [VICI](https://holderbook.com/stocks/VICI/) | $1.9M | 67,602 | 0.6% | 2 |
| LEIDOS HOLDINGS INC | [LDOS](https://holderbook.com/stocks/LDOS/) | $1.8M | 18,825 | 0.6% | 5 |
| CARRIER GLOBAL CORPORATION | [CARR](https://holderbook.com/stocks/CARR/) | $1.6M | 31,855 | 0.5% | 2 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $1.1M | 7,256 | 0.4% | 4 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.1M | 2,473 | 0.4% | 4 |
| BOOZ ALLEN HAMILTON HLDG COR | [BAH](https://holderbook.com/stocks/BAH/) | $945.0K | 11,910 | 0.3% | 1 |
| SYNEOS HEALTH INC | [SYNH](https://holderbook.com/stocks/SYNH/) | $655.0K | 7,492 | 0.2% | 1 |
| ELEMENT SOLUTIONS INC | [ESI](https://holderbook.com/stocks/ESI/) | $516.0K | 23,791 | 0.2% | 1 |
| SCOTTS MIRACLE-GRO CO | [SMG](https://holderbook.com/stocks/SMG/) | $440.0K | 3,009 | 0.1% | 1 |
| ACADIA HEALTHCARE COMPANY IN | [ACHC](https://holderbook.com/stocks/ACHC/) | $439.0K | 6,881 | 0.1% | 1 |
| HOLOGIC INC | [HOLX](https://holderbook.com/stocks/HOLX/) | $436.0K | 5,907 | 0.1% | 1 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $307.0K | 859 | 0.1% | 3 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q3 2021 | -0.7% | +0.3% | -0.9% | 100% |
| Q2 2021 | +6.2% | +8.0% | -1.8% | 100% |
| Q1 2021 | +6.1% | +6.0% | +0.1% | 100% |
| Q4 2020 | +16.4% | +11.6% | +4.8% | 99% |
| Q3 2020 | +7.4% | +8.6% | -1.2% | 100% |
| Q2 2020 | +20.6% | +19.6% | +0.9% | 100% |
| Q1 2020 | -26.9% | -19.9% | -6.9% | 100% |
| Q4 2019 | +8.1% | +8.5% | -0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q3 2021 | $300.6M | 87 |
| Q2 2021 | $324.6M | 91 |
| Q1 2021 | $317.4M | 123 |
| Q4 2020 | $311.9M | 121 |
| Q3 2020 | $284.1M | 116 |
| Q2 2020 | $271.4M | 114 |
| Q1 2020 | $250.3M | 86 |
| Q4 2019 | $379.4M | 96 |
| Q3 2019 | $348.7M | 93 |
| Q2 2019 | $345.2M | 91 |
| Q1 2019 | $339.3M | 94 |
| Q4 2018 | $318.8M | 115 |