Third Point 13F holdings, Q1 2007
Holdings as of March 31, 2007 · filings on SEC EDGAR · latest filing →
Third Point disclosed 66 US equity positions worth $3.0bn in its Q1 2007 13F filing. The largest position was MLM at 11.5% of the reported book, followed by MA and SYNOVUS FINL CORP. Against the Q4 2006 filing, it opened 20 new positions, added to 14 and reduced 11 among the top 50 holdings.
What did Third Point own in Q1 2007? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2006 |
|---|---|---|---|---|---|---|---|
| 1 | MLM MARTIN MARIETTA MATLS INC | Basic Materials | 11.5% | $348.1m | 2,575,000 | -6% | reduced |
| 2 | MA MASTERCARD INC | Financial Services | 6.7% | $203.7m | 2,000,000 | 18% | added |
| 3 | SYNOVUS FINL CORP | 5.9% | $177.9m | 5,500,000 | – | new | |
| 4 | DADE BEHRING HLDGS INC | 5.8% | $175.4m | 4,000,000 | 17% | added | |
| 5 | NYSE GROUP INC | 5.1% | $154.7m | 1,650,000 | -13% | reduced | |
| 6 | MASSEY ENERGY CORP | 3.8% | $115.2m | 4,800,000 | 0% | held | |
| 7 | PLAINS EXPL& PRODTN CO | 3.0% | $90.3m | 2,000,000 | -64% | reduced | |
| 8 | SEARS HLDGS CORP | 3.0% | $90.1m | 500,000 | -44% | reduced | |
| 9 | RYERSON INC | 2.6% | $78.2m | 1,975,000 | 295% | added | |
| 10 | FEI CO | 2.5% | $76.8m | 2,130,000 | 1% | added | |
| 11 | ATP OIL & GAS CORP | 2.5% | $75.2m | 2,000,000 | – | new | |
| 12 | IHOP CORP | 2.4% | $73.6m | 1,255,000 | 48% | added | |
| 13 | KANSAS CITY SOUTHERN | 2.4% | $71.2m | 2,000,000 | – | new | |
| 14 | NSC NORFOLK SOUTHERN CORP | Industrials | 2.1% | $63.2m | 1,250,000 | – | new |
| 15 | FLOW INTL CORP | 1.8% | $53.3m | 5,060,000 | -2% | reduced | |
| 16 | MOTOROLA INC | 1.8% | $53.0m | 3,000,000 | 300% | added | |
| 17 | FMC F M C CORP | Basic Materials | 1.7% | $52.8m | 700,000 | – | new |
| 18 | CSX CSX CORP | Industrials | 1.7% | $52.1m | 1,300,000 | 333% | added |
| 19 | INVITROGEN CORP | 1.7% | $50.9m | 800,000 | 167% | added | |
| 20 | UNP UNION PAC CORP | Industrials | 1.7% | $50.8m | 500,000 | 67% | added |
| 21 | LEAP WIRELESS INTL INC | 1.6% | $49.5m | 750,000 | 0% | held | |
| 22 | ACORDA THERAPEUTICS INC | 1.5% | $44.5m | 2,290,000 | 2% | added | |
| 23 | AEP INDS INC | 1.4% | $42.5m | 1,000,000 | -13% | reduced | |
| 24 | CHIPOTLE MEXICAN GRILL INC | 1.2% | $36.3m | 632,500 | 9% | added | |
| 25 | CORE CORE MARK HOLDING CO INC | 1.0% | $31.3m | 878,500 | -2% | reduced | |
| 26 | NORTHERN ORION RES INC | 1.0% | $30.9m | 7,600,000 | – | new | |
| 27 | GENERAL MTRS CORP | 1.0% | $30.6m | 1,000,000 | – | new | |
| 28 | NABI BIOPHARMACEUTICALS | 1.0% | $30.5m | 5,750,000 | 0% | held | |
| 29 | HARRAHS ENTMT INC | 1.0% | $29.6m | 350,000 | 0% | held | |
| 30 | QUESTAR CORP | 1.0% | $29.0m | 325,000 | – | new | |
| 31 | TXU CORP | 1.0% | $28.8m | 450,000 | – | new | |
| 32 | CHARMING SHOPPES INC | 0.9% | $28.5m | 2,200,000 | – | new | |
| 33 | ONYX PHARMACEUTICALS INC | 0.9% | $26.8m | 1,080,000 | – | new | |
| 34 | CEPHALON INC | 0.9% | $26.7m | 375,000 | 275% | added | |
| 35 | DAIMLERCHRYSLER AG | 0.9% | $26.3m | 322,000 | 61% | added | |
| 36 | BURLINGTON NORTHN SANTA FE C | 0.9% | $26.1m | 325,000 | – | new | |
| 37 | KONINKLIJKE PHILIPS ELECTRS NY REG SH NEW | 0.9% | $26.1m | 685,000 | 0% | held | |
| 38 | MDS INC | 0.8% | $25.6m | 1,350,000 | – | new | |
| 39 | SUNPOWER CORP | 0.8% | $25.5m | 559,800 | – | new | |
| 40 | BEARINGPOINT INC | 0.8% | $23.0m | 3,000,000 | – | new | |
| 41 | QCOM QUALCOMM INC | Technology | 0.7% | $21.3m | 500,000 | – | new |
| 42 | LIGAND PHARMACEUTICALS INC | 0.7% | $20.2m | 2,005,000 | -74% | reduced | |
| 43 | EMBARQ CORP | 0.6% | $18.3m | 325,000 | -24% | reduced | |
| 44 | LORAL SPACE & COMMUNICATNS L | 0.6% | $17.9m | 350,862 | -3% | reduced | |
| 45 | ICO GLOBAL COMM HLDGS LTD DE | 0.6% | $17.6m | 4,500,000 | -19% | reduced | |
| 46 | ALXN ALEXION PHARMACEUTICALS INC | 0.6% | $17.3m | 400,000 | – | new | |
| 47 | BAUSCH & LOMB INC | 0.5% | $15.3m | 300,000 | – | new | |
| 48 | NBIX NEUROCRINE BIOSCIENCES INC | Healthcare | 0.5% | $15.2m | 1,215,000 | 10% | added |
| 49 | CANDELA CORP | 0.5% | $14.6m | 1,275,000 | – | new | |
| 50 | FREEDOM ACQUISITION HLDGS IN | 0.5% | $14.4m | 1,500,000 | – | 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.