Third Point 13F holdings, Q4 2005
Holdings as of December 31, 2005 · filings on SEC EDGAR · latest filing →
Third Point disclosed 52 US equity positions worth $2.0bn in its Q4 2005 13F filing. The largest position was WESTERN GAS RES INC at 14.5% of the reported book, followed by DADE BEHRING HLDGS INC and MASSEY ENERGY CORP. Against the Q3 2005 filing, it opened 23 new positions, added to 6 and reduced 19 among the top 50 holdings.
What did Third Point own in Q4 2005? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2005 |
|---|---|---|---|---|---|---|---|
| 1 | WESTERN GAS RES INC | 14.5% | $289.6m | 6,150,000 | -8% | reduced | |
| 2 | DADE BEHRING HLDGS INC | 12.1% | $241.3m | 5,900,000 | -5% | reduced | |
| 3 | MASSEY ENERGY CORP | 8.5% | $169.5m | 4,475,000 | -2% | reduced | |
| 4 | PLAINS EXPL& PRODTN CO | 6.2% | $123.2m | 3,100,000 | 2% | added | |
| 5 | LEAP WIRELESS INTL INC | 5.9% | $117.4m | 3,100,000 | -16% | reduced | |
| 6 | AXP AMERICAN EXPRESS CO | Financial Services | 4.7% | $92.6m | 1,800,000 | -22% | reduced |
| 7 | AMERITRADE HLDG CORP NEW | 4.5% | $90.0m | 3,750,000 | -50% | reduced | |
| 8 | LIGAND PHARMACEUTICALS | 4.1% | $82.2m | 7,375,000 | 5% | added | |
| 9 | NEXEN INC | 3.1% | $61.9m | 1,300,000 | -17% | reduced | |
| 10 | WENDYS INTL INC | 2.4% | $47.0m | 850,000 | -74% | reduced | |
| 11 | AEP INDS INC | 2.3% | $45.0m | 2,000,000 | 0% | held | |
| 12 | HUDSON CITY BANCORP | 2.3% | $44.8m | 3,700,000 | -30% | reduced | |
| 13 | ARCHIPELAGO HLDG INC | 2.0% | $39.8m | 800,000 | -45% | reduced | |
| 14 | HUN HUNTSMAN CORP | Basic Materials | 1.9% | $38.4m | 2,350,000 | -64% | reduced |
| 15 | FIDELITY NATL FINL INC | 1.8% | $36.8m | 1,000,000 | 11% | added | |
| 16 | FIRST DATA CORP | 1.7% | $34.4m | 800,000 | – | new | |
| 17 | FLOW INTL CORP | 1.6% | $32.2m | 4,033,000 | – | new | |
| 18 | CORE CORE MARK HOLDING CO INC | 1.6% | $31.0m | 973,095 | – | new | |
| 19 | KKR FINL CORP | 1.5% | $30.0m | 1,250,000 | -4% | reduced | |
| 20 | CYPRESS SEMICONDUCTOR CORP | 1.4% | $27.1m | 1,903,300 | – | new | |
| 21 | IPSCO INC | 1.2% | $24.9m | 300,000 | 71% | added | |
| 22 | SEARS HLDGS CORP | 1.2% | $23.1m | 200,000 | -82% | reduced | |
| 23 | CEPHALON INC | 1.1% | $22.7m | 350,000 | – | new | |
| 24 | RUDDICK CORP | 1.1% | $21.3m | 1,000,000 | – | new | |
| 25 | SIX FLAGS INC | 1.1% | $21.2m | 2,750,000 | – | new | |
| 26 | OPTIMAL GROUP INC | 0.9% | $18.2m | 900,000 | -49% | reduced | |
| 27 | EDDIE BAUER HLDGS | 0.8% | $15.2m | 1,000,000 | – | new | |
| 28 | HAYNES INTERNATIONAL INC | 0.7% | $14.1m | 669,500 | – | new | |
| 29 | COMPTON PETE CORP | 0.6% | $12.3m | 840,000 | – | new | |
| 30 | CF CF INDS HLDGS INC | Basic Materials | 0.6% | $12.2m | 800,000 | -14% | reduced |
| 31 | FNF FIDELITY NATL TITLE GROUP IN | Financial Services | 0.6% | $11.9m | 490,000 | – | new |
| 32 | MOLEX INC | 0.6% | $11.0m | 425,000 | 325% | added | |
| 33 | VLO VALERO ENERGY CORP NEW | Energy | 0.5% | $10.3m | 200,000 | -78% | reduced |
| 34 | HILLENBRAND INDS INC | 0.5% | $9.9m | 200,000 | – | new | |
| 35 | INTERNATIONAL COAL GRP INC N | 0.5% | $9.5m | 1,000,000 | – | new | |
| 36 | MXIM MAXIM INTEGRATED PRODS INC | 0.5% | $9.1m | 250,000 | – | new | |
| 37 | NKTR NEKTAR THERAPEUTICS | Healthcare | 0.5% | $9.1m | 550,000 | 10% | added |
| 38 | IVANHOE MINES LTD | 0.5% | $9.0m | 1,250,000 | 0% | held | |
| 39 | OSI PHARMACEUTICALS INC | 0.4% | $8.8m | 315,000 | – | new | |
| 40 | LORAL SPACE & COMMUNICATNS L | 0.4% | $8.6m | 303,620 | – | new | |
| 41 | ACLS AXCELIS TECHNOLOGIES INC | 0.4% | $7.2m | 1,500,000 | – | new | |
| 42 | WORLDSPACE INC | 0.3% | $5.8m | 400,000 | -27% | reduced | |
| 43 | DRUGMAX INC | 0.2% | $4.8m | 4,000,000 | -8% | reduced | |
| 44 | EL PASO CORP | 0.2% | $4.3m | 350,000 | – | new | |
| 45 | ITRN ITURAN LOCATION AND CONTROL | Technology | 0.2% | $3.4m | 215,000 | – | new |
| 46 | CBM CAMBREX CORP | 0.1% | $1.9m | 100,000 | – | new | |
| 47 | TLC VISION CORP | 0.1% | $1.6m | 250,000 | -62% | reduced | |
| 48 | ENCYSIVE PHARMACEUTICALS INC | 0.1% | $1.6m | 200,000 | – | new | |
| 49 | NEUROMETRIX INC | 0.1% | $1.4m | 50,000 | – | new | |
| 50 | INTEROIL CORP | 0.1% | $1.3m | 50,000 | – | 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.