Matthew 25 Management Corp Long-Term Concentrated

CIK: 0001351431 · Show all filings

Period: Q1 2014 (← Previous) (Next →)

Filing Date: Jun 24, 2014

Total Value ($000): $797,160,987 (100.0% shares, 0.0% debt)

Holdings (29)

AAPL Apple, Inc. 14.0%

Value ($000) $111,373,550 Shares 207,500 Est. Cost $13.84 Unrealized +19.8%

— Cabela's Inc. 7.4%

Value ($000) $59,286,550 Shares 905,000 Est. Cost $18665.63 Unrealized —

BDN Brandywine Realty Trust 5.8%

Value ($000) $45,852,660 Shares 3,171,000 Est. Cost $3197.71 Unrealized —

PII Polaris Industries, Inc. 5.2%

Value ($000) $41,074,740 Shares 294,000 Est. Cost $91.86 Unrealized +46.9%

JPM JP Morgan Chase & Co 5.1%

Value ($000) $40,614,990 Shares 669,000 Est. Cost $39.05 Unrealized +7.8%

GS Goldman Sachs Group, Inc. 5.1%

Value ($000) $40,552,875 Shares 247,500 Est. Cost $122.39 Unrealized +9.2%

TELFY Telefonica SA 5.1%

Value ($000) $40,264,500 Shares 2,550,000 Est. Cost $2603.39 Unrealized —

FDX FedEx Corporation 5.0%

Value ($000) $40,099,400 Shares 302,500 Est. Cost $82.63 Unrealized +39.3%

— Scripps Networks Interactive, Inc 4.9%

Value ($000) $39,093,650 Shares 515,000 Est. Cost $12214.32 Unrealized —

— KKR & Co. LP 4.9%

Value ($000) $38,976,460 Shares 1,706,500 Est. Cost $1731.16 Unrealized —

BRK/A Berkshire Hathaway Inc. Class A 4.9%

Value ($000) $38,781,450 Shares 207 Est. Cost $166427.62 Unrealized +5.5%

MA Mastercard Inc. 4.8%

Value ($000) $38,470,500 Shares 515,000 Est. Cost $70.45 Unrealized +3.2%

— Google, Inc. 4.7%

Value ($000) $37,336,085 Shares 33,500 Est. Cost $110592.96 Unrealized —

CAT Caterpillar, Inc. 4.0%

Value ($000) $31,798,400 Shares 320,000 Est. Cost $61.75 Unrealized +12.9%

EWBC East West Bancorp, Inc. 3.1%

Value ($000) $24,637,500 Shares 675,000 Est. Cost $19.15 Unrealized +40.6%

HAL Halliburton Co. 2.9%

Value ($000) $23,114,325 Shares 392,500 Est. Cost $34.58 Unrealized +23.7%

KELYA Kelly Services, Inc. 2.5%

Value ($000) $20,170,500 Shares 850,000 Est. Cost $15.31 Unrealized +36.3%

— Kansas City Southern 2.2%

Value ($000) $17,452,260 Shares 171,000 Est. Cost $27766.99 Unrealized —

DVN Devon Energy Corporation 2.1%

Value ($000) $17,067,150 Shares 255,000 Est. Cost $37.71 Unrealized +10.6%

PNC The PNC Financial Services Group, Inc. 1.7%

Value ($000) $13,485,000 Shares 155,000 Est. Cost $51.58 Unrealized +10.1%

— Biglari Holdings Inc. 1.2%

Value ($000) $9,237,936 Shares 18,950 Est. Cost $81237.79 Unrealized —

SJM JM Smucker Co. 1.1%

Value ($000) $8,994,700 Shares 92,500 Est. Cost $70.56 Unrealized -2.6%

KMI Kinder Morgan, Inc. 0.7%

Value ($000) $5,523,300 Shares 170,000 Est. Cost $19.75 Unrealized -6.7%

— Boardwalk Pipeline Partners, LP 0.6%

Value ($000) $4,559,400 Shares 340,000 Est. Cost $13410.00 Unrealized —

— The Fresh Market, Inc. 0.4%

Value ($000) $3,208,800 Shares 95,500 Est. Cost $33600.00 Unrealized —

— K12, Inc. 0.4%

Value ($000) $3,057,750 Shares 135,000 Est. Cost $22083.33 Unrealized —

— JP Morgan Chase & Co. 0.3%

Value ($000) $2,585,600 Shares 128,000 Est. Cost $46268.15 Unrealized —

KELYB Kelly Services, Inc. 0.0%

Value ($000) $260,044 Shares 10,940 Est. Cost $16.28 Unrealized +22.7%

— Kinder Morgan Inc. Warrant 0.0%

Value ($000) $230,912 Shares 131,200 Est. Cost $5.12 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	Apple, Inc.	207,500	$111,373,550	14.0%	$13.84	+19.8%	COM	037833100
—	Cabela's Inc.	905,000	$59,286,550	7.4%	$18665.63	—	COM	126804301
BDN	Brandywine Realty Trust	3,171,000	$45,852,660	5.8%	$3197.71	—	SH BEN	105368203
PII	Polaris Industries, Inc.	294,000	$41,074,740	5.2%	$91.86	+46.9%	COM	731068102
JPM	JP Morgan Chase & Co	669,000	$40,614,990	5.1%	$39.05	+7.8%	COM	46625H100
GS	Goldman Sachs Group, Inc.	247,500	$40,552,875	5.1%	$122.39	+9.2%	COM	38141G104
TELFY	Telefonica SA	2,550,000	$40,264,500	5.1%	$2603.39	—	ADR	879382208
FDX	FedEx Corporation	302,500	$40,099,400	5.0%	$82.63	+39.3%	COM	31428X106
—	Scripps Networks Interactive, Inc	515,000	$39,093,650	4.9%	$12214.32	—	COM	811065101
—	KKR & Co. LP	1,706,500	$38,976,460	4.9%	$1731.16	—	COM	48248M102
BRK/A	Berkshire Hathaway Inc. Class A	207	$38,781,450	4.9%	$166427.62	+5.5%	CLA	084670108
MA	Mastercard Inc.	515,000	$38,470,500	4.8%	$70.45	+3.2%	CLA	57636Q104
—	Google, Inc.	33,500	$37,336,085	4.7%	$110592.96	—	CLA	38259P508
CAT	Caterpillar, Inc.	320,000	$31,798,400	4.0%	$61.75	+12.9%	COM	149123101
EWBC	East West Bancorp, Inc.	675,000	$24,637,500	3.1%	$19.15	+40.6%	COM	27579R104
HAL	Halliburton Co.	392,500	$23,114,325	2.9%	$34.58	+23.7%	COM	406216101
KELYA	Kelly Services, Inc.	850,000	$20,170,500	2.5%	$15.31	+36.3%	CLA	488152208
—	Kansas City Southern	171,000	$17,452,260	2.2%	$27766.99	—	COM	485170302
DVN	Devon Energy Corporation	255,000	$17,067,150	2.1%	$37.71	+10.6%	COM	25179M103
PNC	The PNC Financial Services Group, Inc.	155,000	$13,485,000	1.7%	$51.58	+10.1%	COM	693475105
—	Biglari Holdings Inc.	18,950	$9,237,936	1.2%	$81237.79	—	COM	08986R101
SJM	JM Smucker Co.	92,500	$8,994,700	1.1%	$70.56	-2.6%	COM	832696405
KMI	Kinder Morgan, Inc.	170,000	$5,523,300	0.7%	$19.75	-6.7%	COM	49456B101
—	Boardwalk Pipeline Partners, LP	340,000	$4,559,400	0.6%	$13410.00	—	UT LTD PART	096627104
—	The Fresh Market, Inc.	95,500	$3,208,800	0.4%	$33600.00	—	COM	35804H106
—	K12, Inc.	135,000	$3,057,750	0.4%	$22083.33	—	COM	48273U102
—	JP Morgan Chase & Co.	128,000	$2,585,600	0.3%	$46268.15	—	W EXP	46634E114
KELYB	Kelly Services, Inc.	10,940	$260,044	0.0%	$16.28	+22.7%	CLB	488152307
—	Kinder Morgan Inc. Warrant	131,200	$230,912	0.0%	$5.12	—	W EXP	49456B119