Sachem Head Capital Management 13F holdings, Q2 2022
Holdings as of June 30, 2022 · filings on SEC EDGAR · latest filing →
Sachem Head Capital Management disclosed 20 US equity positions worth $3.3bn in its Q2 2022 13F filing. The largest position was IFF at 22.4% of the reported book, followed by USFD and ELAN. Against the Q1 2022 filing, it opened 5 new positions, added to 6 and reduced 4 among the top 20 holdings.
What did Sachem Head Capital Management own in Q2 2022? Top 20 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2022 |
|---|---|---|---|---|---|---|---|
| 1 | IFF INTERNATIONAL FLAVORS&FRAGRA | Basic Materials | 22.4% | $745.2m | 6,256,239 | -3% | reduced |
| 2 | USFD US FOODS HLDG CORP | Consumer Defensive | 17.5% | $580.9m | 18,932,877 | -1% | reduced |
| 3 | ELAN ELANCO ANIMAL HEALTH INC | Healthcare | 16.5% | $546.4m | 27,835,500 | 0% | held |
| 4 | OLN OLIN CORP | Basic Materials | 13.2% | $437.3m | 9,450,000 | -21% | reduced |
| 5 | ZENDESK INC | 4.1% | $137.4m | 1,855,000 | 4% | added | |
| 6 | ARCONIC CORPORATION | 3.4% | $114.3m | 4,076,600 | 806% | added | |
| 7 | FDX FEDEX CORP | Industrials | 3.4% | $112.0m | 493,900 | – | new |
| 8 | LIVN LIVANOVA PLC | Healthcare | 3.3% | $109.9m | 1,759,500 | 0% | held |
| 9 | UBER UBER TECHNOLOGIES INC | Technology | 2.8% | $93.6m | 4,576,000 | 25% | added |
| 10 | FLEX FLEX LTD | Technology | 2.5% | $84.7m | 5,850,000 | 0% | held |
| 11 | NEW RELIC INC | 2.2% | $74.3m | 1,485,000 | – | new | |
| 12 | MOMENTIVE GLOBAL INC | 1.8% | $61.3m | 6,965,000 | 22% | added | |
| 13 | HAS HASBRO INC | Consumer Cyclical | 1.5% | $50.8m | 620,000 | – | new |
| 14 | ESTC ELASTIC N V | Technology | 1.5% | $50.3m | 742,600 | – | new |
| 15 | SMARTSHEET INC | 1.3% | $42.3m | 1,345,000 | – | new | |
| 16 | PACTIV EVERGREEN INC | 1.0% | $33.6m | 3,375,000 | 0% | held | |
| 17 | OPEN OPENDOOR TECHNOLOGIES INC | Real Estate | 0.6% | $19.9m | 4,220,000 | 49% | added |
| 18 | COMP COMPASS INC | Real Estate | 0.6% | $19.6m | 5,436,084 | 25% | added |
| 19 | CRM SALESFORCE INC | Technology | 0.2% | $6.6m | 40,000 | -84% | reduced |
| 20 | EQRX INC | 0.0% | $162.0k | 200,000 | 0% | held |
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.