Sachem Head Capital Management 13F holdings, Q3 2023
Holdings as of September 30, 2023 · filings on SEC EDGAR · latest filing →
Sachem Head Capital Management disclosed 12 US equity positions worth $2.0bn in its Q3 2023 13F filing. The largest position was USFD at 37.9% of the reported book, followed by IFF and HUM. Against the Q2 2023 filing, it opened 4 new positions, added to 3 and reduced 4 among the top 12 holdings.
What did Sachem Head Capital Management own in Q3 2023? Top 12 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2023 |
|---|---|---|---|---|---|---|---|
| 1 | USFD US FOODS HLDG CORP | Consumer Defensive | 37.9% | $751.6m | 18,932,877 | 0% | held |
| 2 | IFF INTERNATIONAL FLAVORS&FRAGRA | Basic Materials | 30.0% | $595.2m | 8,730,639 | 31% | added |
| 3 | HUM HUMANA INC | Healthcare | 6.6% | $130.7m | 268,700 | – | new |
| 4 | CRM SALESFORCE INC | Technology | 5.8% | $114.7m | 565,400 | 33% | added |
| 5 | R1 RCM INC | 3.5% | $70.2m | 4,660,800 | -9% | reduced | |
| 6 | FMX FOMENTO ECONOMICO MEXICANO S | 3.4% | $67.7m | 620,000 | -23% | reduced | |
| 7 | FTRE FORTREA HLDGS INC | Healthcare | 2.9% | $56.9m | 1,990,000 | – | new |
| 8 | MASI* MASIMO CORP | 2.8% | $55.6m | 634,100 | – | new | |
| 9 | FLEX FLEX LTD | Technology | 2.7% | $53.3m | 1,975,000 | -56% | reduced |
| 10 | OKTA OKTA INC | Technology | 1.8% | $35.0m | 429,000 | -65% | reduced |
| 11 | SPY SPDR S&P 500 ETF TR | 1.4% | $27.9m | 65,300 | 231% | added | |
| 12 | GTM ZOOMINFO TECHNOLOGIES INC | Technology | 1.3% | $25.2m | 1,535,000 | – | 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.