Third Point 13F holdings, Q2 2008
Holdings as of June 30, 2008 · filings on SEC EDGAR · latest filing →
Third Point disclosed 57 US equity positions worth $2.8bn in its Q2 2008 13F filing. The largest position was MA at 14.4% of the reported book, followed by CLEAR CHANNEL COMMUNICATIONS and PLAINS EXPL& PRODTN CO. Against the Q1 2008 filing, it opened 13 new positions, added to 12 and reduced 7 among the top 50 holdings.
What did Third Point own in Q2 2008? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q1 2008 |
|---|---|---|---|---|---|---|---|
| 1 | MA MASTERCARD INC | Financial Services | 14.4% | $398.3m | 1,500,000 | -6% | reduced |
| 2 | CLEAR CHANNEL COMMUNICATIONS | 12.7% | $352.0m | 10,000,000 | 29% | added | |
| 3 | PLAINS EXPL& PRODTN CO | 10.8% | $299.2m | 4,099,999 | 100% | added | |
| 4 | QUESTAR CORP | 10.0% | $277.1m | 3,900,000 | 11% | added | |
| 5 | LEAP WIRELESS INTL INC | 4.0% | $112.2m | 2,600,000 | 30% | added | |
| 6 | THOMPSON CREEK METALS CO INC | 2.9% | $80.2m | 4,100,000 | 32% | added | |
| 7 | COVIDIEN LTD | 2.8% | $76.6m | 1,600,000 | 0% | held | |
| 8 | AK STL HLDG CORP | 2.5% | $69.0m | 1,000,000 | 100% | added | |
| 9 | AEO AMERICAN EAGLE OUTFITTERS NE | Consumer Cyclical | 2.5% | $68.2m | 5,000,000 | 16% | added |
| 10 | MEADWESTVACO CORP | 2.1% | $59.6m | 2,500,000 | -38% | reduced | |
| 11 | SPY SPDR TR UNIT SER 1 | 2.1% | $58.7m | 458,400 | 0% | held | |
| 12 | LIBERTY ACQUISITION HLDGS CO UNIT 99/99/9999 | 2.1% | $57.8m | 5,500,000 | 0% | held | |
| 13 | TDC TERADATA CORP DEL | Technology | 1.9% | $53.2m | 2,300,000 | – | new |
| 14 | MAGUIRE PPTYS INC | 1.9% | $51.4m | 4,225,000 | 26% | added | |
| 15 | PHOENIX COS INC NEW | 1.6% | $43.3m | 5,690,000 | 29% | added | |
| 16 | ST MARY LD & EXPL CO | 1.5% | $42.0m | 650,000 | – | new | |
| 17 | FLOW INTL CORP | 1.3% | $35.6m | 4,560,000 | -10% | reduced | |
| 18 | TXCO RES INC | 1.2% | $33.2m | 2,820,000 | 0% | held | |
| 19 | CHESAPEAKE ENERGY CORP | 1.2% | $33.0m | 500,000 | – | new | |
| 20 | NPO ENPRO INDS INC | Industrials | 1.1% | $31.7m | 850,000 | 0% | held |
| 21 | CTRA CABOT OIL & GAS CORP | 1.1% | $31.5m | 465,000 | – | new | |
| 22 | PHH CORP | 1.1% | $30.7m | 2,000,000 | 5% | added | |
| 23 | CNQ CANADIAN NAT RES LTD | Energy | 1.1% | $30.1m | 300,000 | – | new |
| 24 | PBR/A PETROLEO BRASILEIRO SA PETRO SP | 1.0% | $29.0m | 500,000 | – | new | |
| 25 | SAFEWAY INC | 1.0% | $28.6m | 1,000,000 | -17% | reduced | |
| 26 | TIBCO SOFTWARE INC | 1.0% | $28.3m | 3,700,000 | – | new | |
| 27 | CORE CORE MARK HOLDING CO INC | 1.0% | $27.9m | 1,064,200 | 0% | held | |
| 28 | NABI BIOPHARMACEUTICALS | 1.0% | $27.1m | 6,890,000 | 0% | held | |
| 29 | VICTORY ACQUISITION CORP | 0.9% | $25.2m | 2,650,000 | 0% | held | |
| 30 | GLG PARTNERS INC | 0.8% | $23.4m | 3,000,000 | -34% | reduced | |
| 31 | DEPOMED INC | 0.8% | $22.6m | 7,050,000 | 0% | held | |
| 32 | COMSTOCK RES INC | 0.8% | $21.1m | 250,000 | – | new | |
| 33 | TGT TARGET CORP | Consumer Defensive | 0.7% | $19.5m | 418,700 | 0% | held |
| 34 | GLRE GREENLIGHT CAPITAL RE LTD | Financial Services | 0.6% | $17.1m | 750,000 | 0% | held |
| 35 | STARWOOD HOTELS&RESORTS WRLD | 0.6% | $17.0m | 425,000 | – | new | |
| 36 | VANTAGE DRILLING COMPANY | 0.6% | $16.2m | 1,875,000 | – | new | |
| 37 | ORN ORION MARINE GROUP INC | Industrials | 0.6% | $16.2m | 1,144,700 | – | new |
| 38 | BIOFUEL ENERGY CORP | 0.5% | $15.0m | 5,578,800 | 346% | added | |
| 39 | AMERICAN SUPERCONDUCTOR CORP | 0.4% | $12.0m | 335,000 | – | new | |
| 40 | SIRF TECHNOLOGY HLDGS INC | 0.4% | $11.9m | 2,750,000 | -8% | reduced | |
| 41 | TRIAN ACQUISITION I CORP UNIT 99/99/9999 | 0.4% | $10.3m | 1,000,000 | 0% | held | |
| 42 | AUGUSTA RES CORP | 0.4% | $10.3m | 1,740,000 | 0% | held | |
| 43 | GLOBAL CONSUMER ACQST CORP UNIT 99/99/9999 | 0.4% | $10.0m | 1,000,000 | 0% | held | |
| 44 | GLOBAL BRANDS ACQUISITION CO UNIT 99/99/9999 | 0.4% | $9.8m | 1,000,000 | 0% | held | |
| 45 | MOTORCAR PTS AMER INC | 0.3% | $7.5m | 986,700 | -1% | reduced | |
| 46 | VANTAGE DRILLING COMPANY *W EXP 05/24/201 | 0.2% | $6.8m | 1,875,000 | – | new | |
| 47 | ABRAXAS PETE CORP | 0.2% | $6.4m | 1,207,572 | 0% | held | |
| 48 | LIGAND PHARMACEUTICALS INC | 0.2% | $5.2m | 2,007,378 | 0% | held | |
| 49 | PROGRESSIVE GAMING INTL CORP | 0.2% | $5.0m | 4,000,000 | 0% | held | |
| 50 | EMCORE CORP | 0.2% | $4.7m | 750,000 | 200% | added |
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.