Sachem Head Capital Management 13F holdings, Q2 2020
Holdings as of June 30, 2020 · filings on SEC EDGAR · latest filing →
Sachem Head Capital Management disclosed 19 US equity positions worth $1.4bn in its Q2 2020 13F filing. The largest position was EXP at 15.3% of the reported book, followed by OLN and CRM. Against the Q1 2020 filing, it opened 9 new positions, added to 4 and reduced 4 among the top 19 holdings.
What did Sachem Head Capital Management own in Q2 2020? Top 19 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2020 |
|---|---|---|---|---|---|---|---|
| 1 | EXP EAGLE MATERIALS INC | Basic Materials | 15.3% | $214.5m | 3,055,000 | -3% | reduced |
| 2 | OLN OLIN CORP | Basic Materials | 12.2% | $171.8m | 14,950,000 | 0% | held |
| 3 | CRM SALESFORCE COM INC | Technology | 6.5% | $90.9m | 485,000 | -29% | reduced |
| 4 | USFD US FOODS HLDG CORP | Consumer Defensive | 6.3% | $88.7m | 4,500,000 | 88% | added |
| 5 | LKQ LKQ CORP | Consumer Cyclical | 6.2% | $87.1m | 3,325,000 | 171% | added |
| 6 | OPTU ALTICE USA INC | Communication Services | 6.1% | $85.7m | 3,800,000 | – | new |
| 7 | FLEX FLEX LTD | Technology | 5.3% | $73.8m | 7,200,000 | 0% | held |
| 8 | SYF SYNCHRONY FINANCIAL | Financial Services | 5.2% | $73.1m | 3,300,000 | – | new |
| 9 | KBR KBR INC | Industrials | 4.8% | $67.7m | 3,000,000 | – | new |
| 10 | LOPE GRAND CANYON ED INC | Consumer Defensive | 4.5% | $63.4m | 700,000 | – | new |
| 11 | PCG PG&E CORP | Utilities | 4.2% | $59.4m | 6,700,000 | 12% | added |
| 12 | CMCSA COMCAST CORP NEW | Communication Services | 4.2% | $58.5m | 1,500,000 | – | new |
| 13 | UBER UBER TECHNOLOGIES INC | Technology | 3.8% | $52.8m | 1,700,000 | -15% | reduced |
| 14 | 2U INC | 3.8% | $52.8m | 1,390,775 | -51% | reduced | |
| 15 | DRI DARDEN RESTAURANTS INC | Consumer Cyclical | 3.6% | $50.0m | 660,000 | – | new |
| 16 | NUANCE COMMUNICATIONS INC | 3.1% | $43.0m | 1,700,000 | – | new | |
| 17 | QSR RESTAURANT BRANDS INTL INC | Consumer Cyclical | 2.7% | $37.7m | 690,000 | – | new |
| 18 | SYY SYSCO CORP | Consumer Defensive | 1.2% | $17.2m | 315,000 | – | new |
| 19 | CSTM CONSTELLIUM SE | Basic Materials | 1.2% | $16.3m | 2,125,000 | 37% | added |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.