Third Point 13F holdings, Q1 2005
Holdings as of March 31, 2005 · filings on SEC EDGAR · latest filing →
Third Point disclosed 45 US equity positions worth $2.1bn in its Q1 2005 13F filing. The largest position was SEARS HOLDINGS CORP at 10.9% of the reported book, followed by DADE BEHRING HLDGS INC and CNQ. Against the Q4 2004 filing, it opened 17 new positions, added to 16 and reduced 6 among the top 45 holdings.
What did Third Point own in Q1 2005? Top 45 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2004 |
|---|---|---|---|---|---|---|---|
| 1 | SEARS HOLDINGS CORP | 10.9% | $232.8m | 1,746,288 | – | new | |
| 2 | DADE BEHRING HLDGS INC | 7.9% | $168.6m | 2,856,500 | 24% | added | |
| 3 | CNQ CANADIAN NAT RES LTD | Energy | 6.8% | $144.9m | 2,550,000 | 13% | added |
| 4 | WESTERN GAS RES INC | 6.0% | $127.5m | 3,700,000 | – | new | |
| 5 | PNC PNC FINL SVCS GROUP INC | Financial Services | 5.8% | $123.6m | 2,400,000 | – | new |
| 6 | KERR MCGEE CORP | 5.1% | $109.7m | 1,400,000 | – | new | |
| 7 | PLAINS EXPL& PRODTN CO | 4.9% | $104.7m | 3,000,000 | 18% | added | |
| 8 | LEAP WIRELESS INTL INC | 4.7% | $99.9m | 3,835,000 | -6% | reduced | |
| 9 | UNOCAL CORP | 4.3% | $92.5m | 1,500,000 | 11% | added | |
| 10 | HUN HUNTSMAN CORP | Basic Materials | 4.3% | $90.9m | 3,900,000 | – | new |
| 11 | PIONEER NAT RES CO | 3.8% | $81.2m | 1,900,000 | – | new | |
| 12 | WALTER INDS INC | 3.4% | $72.3m | 1,700,000 | 0% | held | |
| 13 | MAGELLAN HEALTH SVCS INC | 3.2% | $67.9m | 2,000,000 | -7% | reduced | |
| 14 | WASHINGTON GROUP INTL INC | 2.3% | $49.6m | 1,100,000 | 0% | held | |
| 15 | CE CELANESE CORP DEL | Basic Materials | 2.2% | $47.7m | 2,650,000 | – | new |
| 16 | COMSTOCK RES INC | 1.8% | $37.4m | 1,300,000 | – | new | |
| 17 | INFINITY PPTY & CAS CORP | 1.7% | $35.9m | 1,150,000 | 26% | added | |
| 18 | SPRINT CORP | 1.6% | $34.1m | 1,500,000 | 50% | added | |
| 19 | AEP INDS INC | 1.5% | $32.6m | 2,000,000 | – | new | |
| 20 | OWENS ILL INC | 1.5% | $32.1m | 1,275,000 | 0% | held | |
| 21 | HOLLY CORP | 1.5% | $32.1m | 860,000 | 0% | held | |
| 22 | PCG PG&E CORP | Utilities | 1.5% | $31.5m | 925,000 | -7% | reduced |
| 23 | M D C HLDGS INC | 1.3% | $27.9m | 400,000 | 14% | added | |
| 24 | ROTECH HEALTHCARE INC | 1.3% | $27.6m | 1,000,000 | -6% | reduced | |
| 25 | FIELDSTONE INVT CORP | 1.2% | $25.1m | 1,723,000 | – | new | |
| 26 | BLOCKBUSTER INC | 1.1% | $24.3m | 2,750,000 | 8% | added | |
| 27 | ARCH COAL INC | 1.0% | $21.5m | 500,000 | – | new | |
| 28 | FIDELITY NATL FINL INC | 0.9% | $19.8m | 600,000 | 33% | added | |
| 29 | HAL HALLIBURTON CO | Energy | 0.8% | $17.5m | 405,000 | – | new |
| 30 | INDIA FD INC | 0.8% | $16.4m | 604,466 | 1220% | added | |
| 31 | 4 KIDS ENTMT INC | 0.7% | $14.2m | 640,000 | 28% | added | |
| 32 | OPTIMAL GROUP INC | 0.5% | $10.1m | 554,900 | – | new | |
| 33 | WHITING PETE CORP NEW | 0.5% | $9.9m | 242,600 | -51% | reduced | |
| 34 | MDCA MDC PARTNERS INC | 0.4% | $9.5m | 1,000,000 | 0% | held | |
| 35 | STATE AUTO FINL CORP | 0.4% | $9.3m | 350,000 | 23% | added | |
| 36 | LEVITT CORP | 0.4% | $8.7m | 340,000 | 12% | added | |
| 37 | HAN HAWAIIAN HOLDINGS INC | 0.4% | $8.3m | 1,275,000 | 75% | added | |
| 38 | MORTGAGEIT HLDGS INC | 0.4% | $7.6m | 476,000 | 1% | added | |
| 39 | HAYES LEMMERZ INTL INC | 0.3% | $6.8m | 1,318,400 | -6% | reduced | |
| 40 | WLK WESTLAKE CHEM CORP | Basic Materials | 0.3% | $5.7m | 175,000 | – | new |
| 41 | HANMI FINL CORP | 0.2% | $4.9m | 300,000 | 18% | added | |
| 42 | CCJ CAMECO CORP | Energy | 0.2% | $4.4m | 100,000 | – | new |
| 43 | IVANHOE MINES LTD | 0.1% | $1.9m | 250,000 | – | new | |
| 44 | MORGAN STANLEY INDIA INVS FD | 0.0% | $932.0k | 32,100 | 0% | held | |
| 45 | CYBERONICS INC | 0.0% | $840.0k | 100,000 | – | 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.