Sachem Head Capital Management 13F holdings, Q1 2021
Holdings as of March 31, 2021 · filings on SEC EDGAR · latest filing →
Sachem Head Capital Management disclosed 23 US equity positions worth $3.7bn in its Q1 2021 13F filing. The largest position was IFF at 24.6% of the reported book, followed by ELAN and OLN. Against the Q4 2020 filing, it opened 12 new positions, added to 3 and reduced 3 among the top 23 holdings.
What did Sachem Head Capital Management own in Q1 2021? Top 23 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2020 |
|---|---|---|---|---|---|---|---|
| 1 | IFF INTERNATIONAL FLAVORS&FRAGRA | Basic Materials | 24.6% | $908.8m | 6,509,439 | – | new |
| 2 | ELAN ELANCO ANIMAL HEALTH INC | Healthcare | 22.2% | $819.8m | 27,835,500 | 0% | held |
| 3 | OLN OLIN CORP | Basic Materials | 15.4% | $567.7m | 14,950,000 | 0% | held |
| 4 | USFD US FOODS HLDG CORP | Consumer Defensive | 5.0% | $183.9m | 4,825,000 | -4% | reduced |
| 5 | FLEX FLEX LTD | Technology | 4.5% | $167.5m | 9,150,000 | 6% | added |
| 6 | NUANCE COMMUNICATIONS INC | 4.1% | $152.7m | 3,500,000 | 0% | held | |
| 7 | META FACEBOOK INC | Communication Services | 3.9% | $144.3m | 490,000 | 24% | added |
| 8 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 3.7% | $137.2m | 605,000 | – | new |
| 9 | SYF SYNCHRONY FINANCIAL | Financial Services | 3.1% | $115.9m | 2,850,000 | -37% | reduced |
| 10 | OPTU ALTICE USA INC | Communication Services | 2.6% | $97.6m | 3,000,000 | 0% | held |
| 11 | PRCH PORCH GROUP INC | Financial Services | 1.5% | $55.8m | 3,150,000 | – | new |
| 12 | CSTM CONSTELLIUM SE | Basic Materials | 1.5% | $55.3m | 3,760,000 | 0% | held |
| 13 | DELL DELL TECHNOLOGIES INC | Technology | 1.5% | $55.1m | 625,000 | – | new |
| 14 | NWSA NEWS CORP NEW | Communication Services | 1.3% | $47.0m | 1,850,000 | – | new |
| 15 | PACTIV EVERGREEN INC | 1.3% | $46.4m | 3,375,000 | 30% | added | |
| 16 | KBR KBR INC | Industrials | 1.2% | $46.1m | 1,200,000 | -70% | reduced |
| 17 | CVNA CARVANA CO | Consumer Cyclical | 1.2% | $45.9m | 175,000 | – | new |
| 18 | CM LIFE SCIENCES INC | 0.6% | $22.3m | 1,500,000 | – | new | |
| 19 | CM LIFE SCIENCES II INC | 0.3% | $10.2m | 800,000 | – | new | |
| 20 | CM LIFE SCIENCES INC | 0.2% | $6.0m | 1,155,000 | – | new | |
| 21 | ORION ACQUISITION CORP | 0.1% | $5.0m | 500,000 | – | new | |
| 22 | GOLDEN ARROW MERGER CORP | 0.1% | $3.7m | 375,000 | – | new | |
| 23 | EMPOWERMENT & INCLUSION CAPI | 0.1% | $2.0m | 200,000 | – | new |
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.