WhaleCreep

Third Point LLC 13F holdings, Q2 2006

Hedge fundSEC filingsCompare with another fundHoldings as of 2006-06-30, filed 2006-08-11

Third Point LLC disclosed 54 US equity positions worth $1.6bn in its Q2 2006 13F filing. Its largest position is PLAINS EXPL& PRODTN CO at 11.7% of the reported book, followed by MASSEY ENERGY CORP and FIRST DATA CORP. Versus Q1 2006 it opened 21 new positions, added to 11, reduced 12 and exited 29.

$1.6bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
54
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
11.7%
Largest position
The largest single position as a share of the reported equity book.
62.1%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
19
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 Q1 2006: 21 new, 11 added, 12 reduced, 29 exited

50 of 54
PLAINS EXPL& PRODTN CO no ticker–11.7%$182m4.50m+55%added
MASSEY ENERGY CORP no ticker–11.1%$173m4.80m0.0%held
FIRST DATA CORP no ticker–8.1%$127m2.81m+71%added
DADE BEHRING HLDGS INC no ticker–7.3%$115m2.75m−16%reduced
NEXEN INC no ticker–5.1%$79.3m1.40m+17%added
LEAP WIRELESS INTL INC no ticker–4.3%$66.4m1.40m−48%reduced
FLOW INTL CORP no ticker–4.0%$63.1m4.48m0.0%held
LIGAND PHARMACEUTICALS INC no ticker–4.0%$62.3m7.38m0.0%held
AEP INDS INC no ticker–3.9%$60.2m2.00m0.0%held
HUN HUNTSMAN CORPBasic Materials2.6%$39.9m2.35m−0.5%held
BIOVAIL CORP no ticker–2.4%$36.9m1.57m+215%added
NABI BIOPHARMACEUTICALS no ticker–2.1%$32.7m5.70m+93%added
RUDDICK CORP no ticker–2.1%$32.6m1.33m0.0%held
HORIZON OFFSHORE INC no ticker–2.0%$31.9m1.52m–new
CBS CORP NEW no ticker–2.0%$31.0m1.15m−28%reduced
CORE CORE MARK HOLDING CO INC–2.0%$30.4m850,000−4.0%reduced
MOLEX INC no ticker–1.8%$28.7m1.00m+126%added
NTL INC DEL no ticker–1.8%$28.3m1.14m+62%added
QUEST RESOURCE CORP no ticker–1.7%$26.5m1.96m–new
OSI PHARMACEUTICALS INC no ticker–1.6%$25.5m775,000+19%added
WMB WILLIAMS COS INCEnergy1.5%$23.8m1.02m–new
ENCYSIVE PHARMACEUTICALS INC no ticker–1.4%$21.7m3.13m–new
LONE STAR TECHNOLOGIES INC no ticker–1.4%$21.6m400,000−34%reduced
MIRANT CORP NEW no ticker–1.3%$20.2m754,315−4.1%reduced
NKTR NEKTAR THERAPEUTICSHealthcare1.1%$17.4m950,000+90%added
EMBARQ CORP no ticker–1.1%$17.4m425,000–new
EL PASO CORP no ticker–1.0%$15.4m1.03m+2.8%added
CYEUR CYPRESS SEMICONDUCTOR CORP–0.9%$13.8m950,000−40%reduced
ALLTEL CORP no ticker–0.8%$12.8m200,0000.0%held
INTEGRATED ELECTRICAL SVC no ticker–0.7%$10.2m581,286–new
SPRINT NEXTEL CORP no ticker–0.6%$9.5m475,000−53%reduced
OPTIMAL GROUP INC no ticker–0.6%$9.5m700,000−6.7%reduced
TRIQUINT SEMICONDUCTOR INC no ticker–0.6%$9.2m2.06m–new
SUNTERRA CORP no ticker–0.6%$8.9m872,900–new
LORLUSD LORAL SPACE & COM INC–0.6%$8.9m313,0270.0%held
WESTERN GAS RES INC no ticker–0.6%$8.7m145,000−91%reduced
SILVER WHEATON CORP no ticker–0.4%$6.5m700,0000.0%held
VITESSE SEMICONDUCTOR CORP no ticker–0.4%$6.5m4.63m–new
UTHR UNITED THERAPEUTICS CORP DELHealthcare0.4%$5.8m100,000–new
PARLUX FRAGRANCES INC no ticker–0.3%$4.7m490,000–new
PAIN THERAPEUTICS INC no ticker–0.3%$3.9m470,000+38%added
CHINA BAK BATTERY INC no ticker–0.2%$3.7m440,400–new
JOE ST JOE COReal Estate0.2%$3.5m75,000–new
APPLIED MICRO CIRCUITS CORP no ticker–0.2%$3.4m1.25m–new
BIOMED REALTY TRUST INC no ticker–0.2%$3.0m100,000–new
BISYS GROUP INC no ticker–0.2%$2.7m200,000–new
MITTAL STEEL CO N V NY REG SH no ticker–0.1%$2.3m75,000−81%reduced
DRUGMAX INC no ticker–0.1%$2.3m4.00m0.0%held
SHLDEUR SEARS HLDGS CORP–0.1%$2.2m100,000−50%reduced
ATARI INC no ticker–0.1%$1.8m3.15m–new

Exited since Q1 2006

29 rows
PNC PNC FINL SVCS GROUP INC5.6%$114m
AXP AMERICAN EXPRESS CO4.6%$94.6m
PHELPS DODGE CORP no ticker2.2%$44.7m
VLO VALERO ENERGY CORP2.1%$43.3m
FIDELITY NATL FINL INC no ticker1.7%$35.5m
AMT TD AMERITRADE HLDG CORP1.7%$35.1m
NYSE GROUP INC no ticker1.6%$33.7m
IPSCO INC no ticker1.5%$31.2m
WASHINGTON GROUP INTL INC no ticker1.4%$28.7m
SIX FLAGS INC no ticker1.4%$28.0m
CTRA COTERRA ENERGY INC1.2%$24.0m
ABT ABBOTT LABORATORIES1.1%$23.4m
CVCEUR CABLEVISION SYS CORP0.9%$18.7m
MXIM MAXIM INTEGRATED PRODS INC0.9%$18.6m
COMVERSE TECHNOLOGY INC no ticker0.6%$11.8m
NEWS CORP no ticker0.6%$11.6m
FNF FIDELITY NATIONAL FINANCIAL0.5%$11.2m
IVANHOE MINES LTD no ticker0.5%$9.6m
AMERICAN TOWER CORP no ticker0.4%$7.6m
ITRN ITURAN LOCATION AND CONTROL0.4%$7.6m
NS GROUP INC no ticker0.2%$4.6m
EXTENDICARE INC CDA SUB VTG SH no ticker0.2%$3.3m
OUTBACK STEAKHOUSE INC no ticker0.1%$2.6m
HRB BLOCK H & R INC0.1%$2.2m
TERABEAM INC no ticker0.08%$1.7m
CANO PETE INC no ticker0.08%$1.6m
HAN HAWAIIAN HOLDINGS INC0.06%$1.3m
QLT INC no ticker0.02%$469k
RELL RICHARDSON ELECTRS LTD0.01%$177k

Sector mix

  • Unclassified94.2%
  • Basic Materials2.6%
  • Energy1.5%
  • Healthcare1.5%
  • Real Estate0.2%

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