Third Point 13F holdings, Q2 2006
Holdings as of June 30, 2006 · filings on SEC EDGAR · latest filing →
Third Point disclosed 54 US equity positions worth $1.6bn in its Q2 2006 13F filing. The largest position was PLAINS EXPL& PRODTN CO at 11.7% of the reported book, followed by MASSEY ENERGY CORP and FIRST DATA CORP. Against the Q1 2006 filing, it opened 17 new positions, added to 11 and reduced 12 among the top 50 holdings.
What did Third Point own in Q2 2006? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2006 |
|---|---|---|---|---|---|---|---|
| 1 | PLAINS EXPL& PRODTN CO | 11.7% | $182.4m | 4,500,000 | 55% | added | |
| 2 | MASSEY ENERGY CORP | 11.1% | $172.8m | 4,800,000 | 0% | held | |
| 3 | FIRST DATA CORP | 8.1% | $126.8m | 2,815,000 | 71% | added | |
| 4 | DADE BEHRING HLDGS INC | 7.3% | $114.5m | 2,750,000 | -16% | reduced | |
| 5 | NEXEN INC | 5.1% | $79.3m | 1,402,800 | 17% | added | |
| 6 | LEAP WIRELESS INTL INC | 4.3% | $66.4m | 1,400,000 | -48% | reduced | |
| 7 | FLOW INTL CORP | 4.0% | $63.1m | 4,483,000 | 0% | held | |
| 8 | LIGAND PHARMACEUTICALS INC | 4.0% | $62.3m | 7,375,000 | 0% | held | |
| 9 | AEP INDS INC | 3.9% | $60.2m | 2,000,000 | 0% | held | |
| 10 | HUN HUNTSMAN CORP | Basic Materials | 2.6% | $39.9m | 2,348,401 | -0% | held |
| 11 | BIOVAIL CORP | 2.4% | $36.9m | 1,575,000 | 215% | added | |
| 12 | NABI BIOPHARMACEUTICALS | 2.1% | $32.7m | 5,700,000 | 93% | added | |
| 13 | RUDDICK CORP | 2.1% | $32.6m | 1,330,000 | 0% | held | |
| 14 | HORIZON OFFSHORE INC | 2.0% | $31.9m | 1,520,000 | – | new | |
| 15 | CBS CORP NEW | 2.0% | $31.0m | 1,145,000 | -28% | reduced | |
| 16 | CORE CORE MARK HOLDING CO INC | 2.0% | $30.4m | 850,000 | -4% | reduced | |
| 17 | MOLEX INC | 1.8% | $28.7m | 1,000,000 | 126% | added | |
| 18 | NTL INC DEL | 1.8% | $28.3m | 1,135,000 | 62% | added | |
| 19 | QUEST RESOURCE CORP | 1.7% | $26.5m | 1,959,312 | – | new | |
| 20 | OSI PHARMACEUTICALS INC | 1.6% | $25.5m | 775,000 | 19% | added | |
| 21 | WMB WILLIAMS COS INC DEL | Energy | 1.5% | $23.8m | 1,020,100 | – | new |
| 22 | ENCYSIVE PHARMACEUTICALS INC | 1.4% | $21.7m | 3,125,000 | – | new | |
| 23 | LONE STAR TECHNOLOGIES INC | 1.4% | $21.6m | 400,000 | -34% | reduced | |
| 24 | MIRANT CORP NEW | 1.3% | $20.2m | 754,315 | -4% | reduced | |
| 25 | NKTR NEKTAR THERAPEUTICS | Healthcare | 1.1% | $17.4m | 950,000 | 90% | added |
| 26 | EMBARQ CORP | 1.1% | $17.4m | 425,000 | – | new | |
| 27 | EL PASO CORP | 1.0% | $15.4m | 1,028,000 | 3% | added | |
| 28 | CYPRESS SEMICONDUCTOR CORP | 0.9% | $13.8m | 950,000 | -40% | reduced | |
| 29 | ALLTEL CORP | 0.8% | $12.8m | 200,000 | 0% | held | |
| 30 | INTEGRATED ELECTRICAL SVC | 0.7% | $10.2m | 581,286 | – | new | |
| 31 | SPRINT NEXTEL CORP | 0.6% | $9.5m | 475,000 | -52% | reduced | |
| 32 | OPTIMAL GROUP INC | 0.6% | $9.5m | 700,000 | -7% | reduced | |
| 33 | TRIQUINT SEMICONDUCTOR INC | 0.6% | $9.2m | 2,065,000 | – | new | |
| 34 | SUNTERRA CORP | 0.6% | $8.9m | 872,900 | – | new | |
| 35 | LORAL SPACE & COMMUNICATNS L | 0.6% | $8.9m | 313,027 | 0% | held | |
| 36 | WESTERN GAS RES INC | 0.6% | $8.7m | 145,000 | -91% | reduced | |
| 37 | SILVER WHEATON CORP | 0.4% | $6.5m | 700,000 | 0% | held | |
| 38 | VITESSE SEMICONDUCTOR CORP | 0.4% | $6.5m | 4,635,000 | – | new | |
| 39 | UTHR UNITED THERAPEUTICS CORP DEL | Healthcare | 0.4% | $5.8m | 100,000 | – | new |
| 40 | PARLUX FRAGRANCES INC | 0.3% | $4.7m | 490,000 | – | new | |
| 41 | PAIN THERAPEUTICS INC | 0.3% | $3.9m | 470,000 | 38% | added | |
| 42 | CHINA BAK BATTERY INC | 0.2% | $3.7m | 440,400 | – | new | |
| 43 | JOE ST JOE CO | Real Estate | 0.2% | $3.5m | 75,000 | – | new |
| 44 | APPLIED MICRO CIRCUITS CORP | 0.2% | $3.4m | 1,250,000 | – | new | |
| 45 | BIOMED REALTY TRUST INC | 0.2% | $3.0m | 100,000 | – | new | |
| 46 | BISYS GROUP INC | 0.2% | $2.7m | 200,000 | – | new | |
| 47 | MITTAL STEEL CO N V NY REG SH | 0.1% | $2.3m | 75,000 | -81% | reduced | |
| 48 | DRUGMAX INC | 0.1% | $2.3m | 4,000,000 | 0% | held | |
| 49 | SEARS HLDGS CORP | 0.1% | $2.2m | 100,000 | -50% | reduced | |
| 50 | ATARI INC | 0.1% | $1.8m | 3,150,000 | – | 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.