WhaleCreep

Third Point LLC 13F holdings, Q3 2004

Hedge fundSEC filingsCompare with another fundHoldings as of 2004-09-30, filed 2004-11-12

Third Point LLC disclosed 33 US equity positions worth $716.1m in its Q3 2004 13F filing. Its largest position is DADE BEHRING HLDGS INC at 16.2% of the reported book, followed by MGLNUSD and CNQ. Versus Q2 2004 it opened 9 new positions, added to 7, reduced 6 and exited 8.

$716m
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
33
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
16.2%
Largest position
The largest single position as a share of the reported equity book.
69.0%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
14
Effective positions
1 / HHI of portfolio weights: the number of equal-weight positions the book behaves like.
108
Quarters on file since Q3 1999
Quarters for which this manager's 13F holdings are on record.

Holdings

Against Q2 2004: 9 new, 7 added, 6 reduced, 8 exited

33 rows
DADE BEHRING HLDGS INC no ticker–16.2%$116m2.08m+1.5%added
MGLNUSD MAGELLAN HEALTH INC–10.8%$77.2m2.11m−6.3%reduced
CNQ CANADIAN NAT RES LTD MED TEREnergy9.7%$69.7m1.75m+46%added
PLAINS EXPL& PRODTN CO no ticker–6.7%$47.7m2.00m+18%added
UNOCAL CORP no ticker–6.3%$45.1m1.05m+163%added
WASHINGTON GROUP INTL INC no ticker–4.8%$34.6m1.00m+23%added
PCG PG&E CORPUtilities4.2%$30.4m1.00m0.0%held
MDC1USD M D C HLDGS INC–3.6%$25.6m350,0000.0%held
HANMI FINL CORP no ticker–3.4%$24.3m806,1740.0%held
CONSECO INC no ticker–3.3%$23.8m1.35m0.0%held
INFINITY PPTY & CAS CORP no ticker–3.3%$23.6m800,0000.0%held
HOLLY CORP no ticker–3.1%$21.9m860,000–new
GNW GENWORTH FINL INCFinancial Services2.9%$21.0m900,000−22%reduced
PMI GROUP INC no ticker–2.9%$20.4m503,6000.0%held
MLI MUELLER INDS INCIndustrials2.2%$15.9m370,000–new
KMART HLDG CORPORATION no ticker–2.2%$15.8m180,000–new
HAYES LEMMERZ INTL INC no ticker–2.0%$14.2m1.41m+0.5%held
QUANTA CAPITAL HLDGS LTD no ticker–1.7%$12.0m1.47m−15%reduced
AIRGATE PCS INC no ticker–1.6%$11.4m581,9240.0%held
MDCA MDC PARTNERS INC–1.4%$10.2m812,300+25%added
STATE AUTO FINL CORP no ticker–1.2%$8.2m284,000–new
LEVITT CORP no ticker–1.0%$7.1m303,4470.0%held
RRC RANGE RES CORPEnergy1.0%$7.0m400,0000.0%held
CITIZENS COMMUNICATIONS CO no ticker–0.9%$6.7m500,000–new
MORTGAGEIT HLDGS INC no ticker–0.8%$5.8m400,000–new
CONSOL ENERGY - REG S no ticker–0.7%$4.9m139,800+13%added
IDT CORP no ticker–0.5%$3.4m223,4000.0%held
QUANTA CAPITAL HLDGS 144A QIB no ticker–0.4%$3.2m394,000−27%reduced
PENN VA CORP no ticker–0.4%$3.2m80,000−90%reduced
MASSEY ENERGY CORP no ticker–0.4%$2.9m100,000–new
HAN HAWAIIAN HOLDINGS INC–0.3%$2.5m400,000–new
QUANTA CAPITAL HLDGS 144A ACC no ticker–0.08%$545k67,100−27%reduced
LINCARE HLDGS INC no ticker–0.01%$83.0k100,000–new

Exited since Q2 2004

8 rows
LIBERTY MEDIA CORP NEW no ticker2.8%$18.0m
NEIGHBORCARE INC no ticker1.5%$9.4m
SAXON CAPITAL INC no ticker1.4%$9.1m
SAFECO CORP no ticker1.2%$7.9m
GOVERNMENT PPTYS TR INC no ticker1.2%$7.8m
ASE TEST LTD no ticker0.7%$4.2m
DRI DARDEN RESTAURANTS INC0.6%$4.1m
CALY CALLAWAY GOLF CO0.09%$557k

Sector mix

  • Unclassified79.9%
  • Energy10.7%
  • Utilities4.2%
  • Financial Services2.9%
  • Industrials2.2%

Book over time

Every quarter on file (108)
QuarterPositionsEquity book
Q2 202642$4.7bn
Q1 202633$2.1bn
Q4 202544$7.3bn
Q3 202544$8.4bn
Q2 202551$7.6bn
Q1 202544$6.4bn
Q4 202443$7.4bn
Q3 202442$7.4bn
Q2 202444$8.7bn
Q1 202439$7.8bn
Q4 202337$6.6bn
Q3 202340$6.5bn
Q2 202345$6.8bn
Q1 202346$6.1bn
Q4 202244$6.0bn
Q3 202261$5.5bn
Q2 202258$4.2bn
Q1 202275$7.7bn
Q4 202192$14.3bn
Q3 2021113$18.3bn
Q2 2021126$17.1bn
Q1 2021124$14.8bn
Q4 202074$13.0bn
Q3 202047$10.0bn
Q2 202036$7.3bn
Q1 202030$6.3bn
Q4 201937$8.7bn
Q3 201940$8.4bn
Q2 201942$8.5bn
Q1 201930$8.9bn
Q4 201822$6.5bn
Q3 201831$14.3bn
Q2 201837$14.3bn
Q1 201838$12.6bn
Q4 201743$13.5bn
Q3 201737$11.9bn
Q2 201732$11.3bn
Q1 201737$10.1bn
Q4 201638$10.2bn
Q3 201638$11.5bn
Q2 201639$10.4bn
Q1 201635$10.7bn
Q4 201528$9.9bn
Q3 201529$10.4bn
Q2 201542$10.2bn
Q1 201536$10.1bn
Q4 201440$11.1bn
Q3 201439$8.3bn
Q2 201440$8.1bn
Q1 201444$6.4bn
Q4 201339$5.3bn
Q3 201332$4.1bn
Q2 201324$4.4bn
Q1 201324$4.2bn
Q4 201225$4.2bn
Q3 201232$4.4bn
Q2 201233$3.0bn
Q1 201236$3.6bn
Q4 201131$2.2bn
Q3 201128$1.8bn
Q2 201133$2.1bn
Q1 201140$1.7bn
Q4 201041$1.5bn
Q3 201026$777m
Q2 201020$613m
Q1 201032$1.0bn
Q4 200931$668m
Q3 200941$1.1bn
Q2 200935$877m
Q1 200928$495m
Q4 200834$691m
Q3 200852$1.3bn
Q2 200857$2.8bn
Q1 200871$2.9bn
Q4 200765$3.0bn
Q3 200767$4.2bn
Q2 200779$4.3bn
Q1 200766$3.0bn
Q4 200658$2.5bn
Q3 200649$1.7bn
Q2 200654$1.6bn
Q1 200662$2.0bn
Q4 200552$2.0bn
Q3 200553$3.1bn
Q2 200539$1.9bn
Q1 200545$2.1bn
Q4 200439$1.2bn
Q3 200433$716m
Q2 200432$636m
Q1 200438$610m
Q4 200331$483m
Q3 200332$351m
Q2 200329$338m
Q1 200329$282m
Q4 200220$193m
Q3 200221$159m
Q2 200225$198m
Q1 200230$169m
Q4 200124$94.0m
Q3 200150$144m
Q2 200142$134m
Q1 200148$145m
Q4 200039$101m
Q3 200047$193m
Q2 200070$263m
Q1 200056$163m
Q4 199933$134m
Q3 199925$72.2m

Where Third Point LLC was early

122 rows
GU9 GUESS?INCQ1 20011 of 880.8%1.2%4Exited by Q1 2002+21%
LNC LINCOLN NATIONAL CORPQ3 20011 of 1071.6%1.9%3Exited by Q3 2002−9.9%
PCG PG&E CORPQ1 20022 of 2095.8%16.1%37Exited by Q1 2026−32%
SLAB SILICON LABORATORIES INCQ4 20022 of 1252.3%2.3%2Exited by Q2 2003+37%
CNQ CANADIAN NAT RES LTDQ2 20031 of 1424.7%9.7%11Exited by Q3 2008+905%
DVN DEVON ENERGY CORP NEWQ2 20032 of 2003.9%3.9%6Exited by Q3 2016+36%
UNM UNUMPROVIDENT CORPQ3 20036 of 1172.5%2.8%3Exited by Q2 2004−0.9%
MDCA MDC PARTNERS INCQ1 20042 of 551.7%1.7%7Exited by Q4 2005−69%
GNW GENWORTH FINL INCQ2 20041 of 1304.1%4.1%4Exited by Q2 2012−64%
HUN HUNTSMAN CORPQ1 20051 of 1434.3%6.9%9Exited by Q2 2008+1.0%
PNC PNC FINL SVCS GROUP INCQ1 20051 of 1535.8%5.8%5Exited by Q1 2007+44%
WLK WESTLAKE CHEM CORPQ1 20051 of 1160.3%1.2%3Exited by Q4 2012+126%
CE CELANESE CORP DELQ1 20052 of 1442.2%2.2%4Exited by Q2 2017+399%
CF CF INDS HLDGS INCQ3 20051 of 1850.4%7.2%12Exited by Q1 2022+2290%
IBN ICICI BK LTDQ3 20052 of 1090.4%1.3%3Exited by Q1 2008+118%
NKTR NEKTAR THERAPEUTICSQ3 20052 of 1450.3%1.1%4Exited by Q3 2006+8.2%
VLO VALERO ENERGY CORP NEWQ3 20052 of 1923.3%3.3%3Exited by Q2 2006+5.8%
ABT ABBOTT LABSQ3 20054 of 1810.3%2.4%4Exited by Q1 2014+88%
AXP AMERICAN EXPRESS COQ3 20054 of 1944.1%4.7%6Exited by Q2 2019+117%
ORCL ORACLE CORPQ3 200511 of 2560.4%1.2%3Exited by Q4 2009+68%
CORE CORE MARK HOLDING CO INCQ4 20051 of 501.6%2.1%14Exited by Q2 2009−43%
FNF FIDELITY NATIONAL FINANCIALQ4 20055 of 1560.6%1.7%4Exited by Q1 2014+33%
CTRA CABOT OIL & GAS CORPQ1 20061 of 1561.2%2.6%10Exited by Q2 2014–
UTHR UNITED THERAPEUTICS CORP DELQ2 20061 of 1610.4%1.4%4Exited by Q1 2008+69%
WMB WILLIAMS COS INC DELQ2 20066 of 2071.5%8.2%16Exited by Q4 2016+61%
MA MASTERCARD INCQ3 20064 of 2630.8%14.3%8Exited by Q3 2008+277%
WY WEYERHAEUSER COQ3 20064 of 1290.9%1.4%3Exited by Q1 2008+20%
D DOMINION RES INC VA NEWQ4 20061 of 1323.6%3.6%2Exited by Q3 2007+2.9%
CSX CSX CORPQ4 20063 of 1820.4%3.6%7Exited by Q1 2026+848%
MLM MARTIN MARIETTA MATLS INCQ4 20064 of 18410.6%11.5%3Exited by Q3 2007+56%
UNP UNION PAC CORPQ4 20064 of 2111.1%5.8%10Held at last filing, Q2 2026+1082%
FMC F M C CORPQ1 20073 of 1571.7%1.7%7Exited by Q1 2018+402%
NSC NORFOLK SOUTHN CORPQ1 20073 of 2052.1%5.9%6Held at last filing, Q2 2026+522%
QCOM QUALCOMM INCQ1 200712 of 2460.7%2.0%3Exited by Q2 2017+34%
DDS DILLARDS INCQ2 20071 of 1130.8%1.3%3Exited by Q1 2008−48%
GLRE GREENLIGHT CAPITAL RE LTDQ2 20071 of 640.4%2.3%11Exited by Q1 2010+4.7%
ATML ATMEL CORPQ2 20072 of 563.1%4.3%4Exited by Q2 2008−69%
SPY SPDR S&P 500 ETF TRQ3 20076 of 2671.6%6.0%7Exited by Q1 2015+35%
TGT TARGET CORPQ3 20078 of 1910.6%1.9%5Exited by Q4 2008−23%
COHR COHERENT INCQ4 20071 of 2631.3%1.3%2Exited by Q2 2008+24%
NPO ENPRO INDS INCQ1 20081 of 870.9%1.1%3Exited by Q4 2008+19%
AEO AMERICAN EAGLE OUTFITTERS NEQ1 20082 of 1512.6%3.8%3Exited by Q4 2008−13%
TDC TERADATA CORP DELQ2 20083 of 1261.9%6.0%3Exited by Q1 2009−36%
GLD SPDR GOLD TRQ4 20082 of 19111.3%11.3%14Exited by Q2 2026+397%
TAP MOLSON COORS BREWING COQ2 20092 of 1532.7%3.7%10Exited by Q1 2017+130%
BAC BANK AMER CORPQ2 200913 of 23210.0%10.0%7Exited by Q4 2017+92%
AAPL APPLE INCQ2 200916 of 2752.4%10.8%14Exited by Q4 2024+4481%
DAN DANA HOLDING CORPQ3 20091 of 1191.0%2.6%3Exited by Q2 2010+74%
AWK AMERICAN WTR WKS CO INC NEWQ3 20093 of 1231.9%1.9%2Exited by Q1 2010+12%
AMD ADVANCED MICRO DEVICES INCQ4 20093 of 3402.2%2.2%5Exited by Q3 2023+1077%

Concentration and tenure

15.0%
Median largest position, all quarters
The largest single position as a share of the reported equity book.
65.1%
Median top 10 weight, all quarters
The ten largest positions together, as a share of the reported equity book.
Concentrated
Style, by median largest position
2
Median completed holding, quarters