Sachem Head Capital Management 13F holdings, Q4 2022
Holdings as of December 31, 2022 · filings on SEC EDGAR · latest filing →
Sachem Head Capital Management disclosed 18 US equity positions worth $2.6bn in its Q4 2022 13F filing. The largest position was IFF at 26.4% of the reported book, followed by USFD and OLN. Against the Q3 2022 filing, it opened 5 new positions, added to 4 and reduced 7 among the top 18 holdings.
What did Sachem Head Capital Management own in Q4 2022? Top 18 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2022 |
|---|---|---|---|---|---|---|---|
| 1 | IFF INTERNATIONAL FLAVORS&FRAGRA | Basic Materials | 26.4% | $675.8m | 6,446,239 | 3% | added |
| 2 | USFD US FOODS HLDG CORP | Consumer Defensive | 25.2% | $644.1m | 18,932,877 | 0% | held |
| 3 | OLN OLIN CORP | Basic Materials | 13.3% | $341.5m | 6,450,000 | -32% | reduced |
| 4 | FLEX FLEX LTD | Technology | 9.0% | $231.4m | 10,785,000 | 1% | added |
| 5 | FMX FOMENTO ECONOMICO MEXICANO S | 5.1% | $130.0m | 1,664,500 | – | new | |
| 6 | ACTIVISION BLIZZARD INC | 3.3% | $85.7m | 1,119,300 | – | new | |
| 7 | R1 RCM INC | 2.9% | $74.4m | 6,790,000 | – | new | |
| 8 | UBER UBER TECHNOLOGIES INC | Technology | 2.7% | $68.9m | 2,784,500 | 10% | added |
| 9 | SMARTSHEET INC | 2.6% | $65.7m | 1,670,000 | 0% | held | |
| 10 | SPB SPECTRUM BRANDS HLDGS INC NE | Consumer Defensive | 2.5% | $64.0m | 1,051,000 | – | new |
| 11 | OKTA OKTA INC | Technology | 2.3% | $59.2m | 866,500 | – | new |
| 12 | ELAN ELANCO ANIMAL HEALTH INC | Healthcare | 1.6% | $41.8m | 3,422,678 | -88% | reduced |
| 13 | NEW RELIC INC | 1.4% | $36.4m | 645,000 | -35% | reduced | |
| 14 | SPY SPDR S&P 500 ETF TR | 0.6% | $15.2m | 39,800 | 71% | added | |
| 15 | LIVN LIVANOVA PLC | Healthcare | 0.4% | $10.3m | 185,000 | -88% | reduced |
| 16 | ESTC ELASTIC N V | Technology | 0.3% | $8.2m | 160,178 | -78% | reduced |
| 17 | MOMENTIVE GLOBAL INC | 0.2% | $6.3m | 895,000 | -87% | reduced | |
| 18 | OPEN OPENDOOR TECHNOLOGIES INC | Real Estate | 0.0% | $562.6k | 485,000 | -89% | reduced |
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.