Sachem Head Capital Management 13F holdings, Q3 2022
Holdings as of September 30, 2022 · filings on SEC EDGAR · latest filing →
Sachem Head Capital Management disclosed 21 US equity positions worth $2.7bn in its Q3 2022 13F filing. The largest position was IFF at 21.2% of the reported book, followed by USFD and OLN. Against the Q2 2022 filing, it opened 4 new positions, added to 4 and reduced 4 among the top 21 holdings.
What did Sachem Head Capital Management own in Q3 2022? Top 21 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2022 |
|---|---|---|---|---|---|---|---|
| 1 | IFF INTERNATIONAL FLAVORS&FRAGRA | Basic Materials | 21.2% | $568.3m | 6,256,239 | 0% | held |
| 2 | USFD US FOODS HLDG CORP | Consumer Defensive | 18.7% | $500.6m | 18,932,877 | 0% | held |
| 3 | OLN OLIN CORP | Basic Materials | 15.1% | $405.2m | 9,450,000 | 0% | held |
| 4 | ELAN ELANCO ANIMAL HEALTH INC | Healthcare | 13.2% | $355.4m | 28,635,500 | 3% | added |
| 5 | FLEX FLEX LTD | Technology | 6.6% | $177.8m | 10,670,000 | 82% | added |
| 6 | DENBURY INC | 4.6% | $123.3m | 1,429,000 | – | new | |
| 7 | LIVN LIVANOVA PLC | Healthcare | 2.9% | $77.9m | 1,535,000 | -13% | reduced |
| 8 | UBER UBER TECHNOLOGIES INC | Technology | 2.5% | $67.0m | 2,530,000 | -45% | reduced |
| 9 | SMARTSHEET INC | 2.1% | $57.4m | 1,670,000 | 24% | added | |
| 10 | NEW RELIC INC | 2.1% | $56.8m | 990,000 | -33% | reduced | |
| 11 | ESTC ELASTIC N V | Technology | 2.0% | $53.3m | 742,600 | 0% | held |
| 12 | ARCONIC CORPORATION | 1.9% | $50.5m | 2,965,308 | -27% | reduced | |
| 13 | MOMENTIVE GLOBAL INC | 1.5% | $40.5m | 6,965,000 | 0% | held | |
| 14 | CRM SALESFORCE INC | Technology | 1.5% | $39.1m | 271,900 | 580% | added |
| 15 | PACTIV EVERGREEN INC | 1.1% | $29.5m | 3,375,000 | 0% | held | |
| 16 | LYFT LYFT INC | Technology | 0.9% | $24.7m | 1,875,000 | – | new |
| 17 | BAUSCH PLUS LOMB CORP | 0.8% | $21.9m | 1,430,000 | – | new | |
| 18 | OPEN OPENDOOR TECHNOLOGIES INC | Real Estate | 0.5% | $13.1m | 4,220,000 | 0% | held |
| 19 | COMP COMPASS INC | Real Estate | 0.5% | $12.6m | 5,436,084 | 0% | held |
| 20 | SPY SPDR S&P 500 ETF TR | 0.3% | $8.3m | 23,300 | – | new | |
| 21 | EQRX INC | 0.0% | $164.0k | 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.