Third Point 13F holdings, Q1 2004
Holdings as of March 31, 2004 · filings on SEC EDGAR · latest filing →
Third Point disclosed 38 US equity positions worth $610.2m in its Q1 2004 13F filing. The largest position was DADE BEHRING HLDGS INC at 13.8% of the reported book, followed by MAGELLAN HEALTH SVCS INC and PENN VA CORP. Against the Q4 2003 filing, it opened 13 new positions, added to 11 and reduced 8 among the top 38 holdings.
What did Third Point own in Q1 2004? Top 38 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2003 |
|---|---|---|---|---|---|---|---|
| 1 | DADE BEHRING HLDGS INC | 13.8% | $84.0m | 1,890,000 | 0% | held | |
| 2 | MAGELLAN HEALTH SVCS INC | 9.4% | $57.4m | 2,047,443 | – | new | |
| 3 | PENN VA CORP | 8.2% | $49.8m | 822,000 | 0% | held | |
| 4 | PCG PG&E CORP | Utilities | 4.7% | $29.0m | 1,000,000 | 0% | held |
| 5 | LIBERTY MEDIA CORP NEW | 4.5% | $27.4m | 2,500,000 | -16% | reduced | |
| 6 | CNQ CANADIAN NAT RES LTD | Energy | 4.4% | $27.1m | 487,100 | 8% | added |
| 7 | WASHINGTON GROUP INTL INC | 4.3% | $26.2m | 717,355 | 3% | added | |
| 8 | PLAINS EXPL& PRODTN CO | 4.1% | $25.2m | 1,352,300 | 15% | added | |
| 9 | INFINITY PPTY & CAS CORP | 4.1% | $25.1m | 800,000 | 4% | added | |
| 10 | M D C HLDGS INC | 3.8% | $23.2m | 329,998 | 65% | added | |
| 11 | HAYES LEMMERZ INTL INC | 3.3% | $20.1m | 1,309,200 | 15% | added | |
| 12 | PMI GROUP INC | 3.1% | $18.8m | 503,600 | 0% | held | |
| 13 | CONSECO INC | 3.0% | $18.5m | 800,000 | 78% | added | |
| 14 | ALCAN INC | 2.6% | $15.7m | 350,000 | 133% | added | |
| 15 | BANKUNITED FINL CORP | 1.9% | $11.5m | 388,500 | 2% | added | |
| 16 | KOMAG INC | 1.8% | $11.1m | 600,000 | 200% | added | |
| 17 | LUMINENT MTG CAP INC | 1.7% | $10.2m | 721,600 | – | new | |
| 18 | MDCA MDC PARTNERS INC | 1.7% | $10.2m | 651,200 | – | new | |
| 19 | CIRCUIT CITY STORE INC | 1.7% | $10.2m | 900,000 | – | new | |
| 20 | SAXON CAPITAL INC | 1.5% | $9.0m | 318,000 | 65% | added | |
| 21 | GOVERNMENT PPTYS TR INC | 1.5% | $8.9m | 672,800 | – | new | |
| 22 | AUTHENTIDATE HLDG CORP | 1.4% | $8.7m | 650,000 | – | new | |
| 23 | AIRGATE PCS INC | 1.3% | $8.1m | 542,624 | – | new | |
| 24 | SAFECO CORP | 1.3% | $7.8m | 180,000 | -36% | reduced | |
| 25 | LEVITT CORP | 1.2% | $7.4m | 303,447 | – | new | |
| 26 | INTERNATIONAL STL GROUP INC | 1.2% | $7.3m | 187,800 | -58% | reduced | |
| 27 | ASE TEST LTD | 1.2% | $7.2m | 650,000 | – | new | |
| 28 | POTLATCH CORP | 1.1% | $6.9m | 169,200 | -76% | reduced | |
| 29 | UNM UNUMPROVIDENT CORP | Financial Services | 1.0% | $5.9m | 400,000 | -53% | reduced |
| 30 | AMERICAN FINL RLTY TR | 0.8% | $5.1m | 300,000 | -59% | reduced | |
| 31 | DDI CORP | 0.8% | $4.9m | 480,000 | – | new | |
| 32 | IDT CORP | 0.7% | $4.5m | 223,400 | 0% | held | |
| 33 | CONEXANT SYSTEMS INC | 0.7% | $4.0m | 650,000 | 0% | held | |
| 34 | DVN DEVON ENERGY CORP NEW | Energy | 0.6% | $3.5m | 60,000 | – | new |
| 35 | FPIC INS GROUP INC | 0.5% | $2.8m | 121,300 | -58% | reduced | |
| 36 | FIRST CMNTY BANCORP CALIF | 0.4% | $2.6m | 70,000 | -53% | reduced | |
| 37 | ENCANA CORP | 0.4% | $2.6m | 60,000 | – | new | |
| 38 | FORDING CDN COAL TR TR UNIT | 0.4% | $2.4m | 59,400 | – | 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.