WhaleCreep

Third Point LLC 13F holdings, Q2 2008

Hedge fundSEC filingsCompare with another fundHoldings as of 2008-06-30, filed 2008-08-14

Third Point LLC disclosed 57 US equity positions worth $2.8bn in its Q2 2008 13F filing. Its largest position is MA at 14.4% of the reported book, followed by CLEAR CHANNEL COMMUNICATIONS and PLAINS EXPL& PRODTN CO. Versus Q1 2008 it opened 13 new positions, added to 12, reduced 7 and exited 27.

$2.8bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
57
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
14.4%
Largest position
The largest single position as a share of the reported equity book.
64.6%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
15
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 2008: 13 new, 12 added, 7 reduced, 27 exited

50 of 57
MA MASTERCARD INCFinancial Services14.4%$398m1.50m−6.3%reduced
CLEAR CHANNEL COMMUNICATIONS no ticker–12.7%$352m10.00m+29%added
PLAINS EXPL& PRODTN CO no ticker–10.8%$299m4.10m+100%added
QUESTAR CORP no ticker–10.0%$277m3.90m+11%added
LEAP WIRELESS INTL INC no ticker–4.0%$112m2.60m+30%added
TCM THOMPSON CREEK METALS CO INC–2.9%$80.2m4.10m+32%added
COVIDIEN LTD no ticker–2.8%$76.6m1.60m0.0%held
AKS1EUR AK STL HLDG CORP–2.5%$69.0m1.00m+100%added
AEO AMERICAN EAGLE OUTFITTERS INConsumer Cyclical2.5%$68.2m5.00m+16%added
MEADWESTVACO CORP no ticker–2.1%$59.6m2.50m−38%reduced
SPY SPDR S&P 500 ETF Trust–2.1%$58.7m458,4000.0%held
LIBERTY ACQUISITION HLDGS CO UNIT 99/99/9999 no ticker–2.1%$57.8m5.50m0.0%held
TDC TERADATA CORP DELTechnology1.9%$53.2m2.30m–new
MAGUIRE PPTYS INC no ticker–1.9%$51.4m4.22m+26%added
PHOENIX COS INC NEW no ticker–1.6%$43.3m5.69m+29%added
ST MARY LD & EXPL CO no ticker–1.5%$42.0m650,000–new
FLOW INTL CORP no ticker–1.3%$35.6m4.56m−9.9%reduced
TXCO RES INC no ticker–1.2%$33.2m2.82m0.0%held
CHKEUR CHESAPEAKE ENERGY CORP–1.2%$33.0m500,000–new
NPO ENPRO INCIndustrials1.1%$31.7m850,0000.0%held
CTRA COTERRA ENERGY INC–1.1%$31.5m465,000–new
PHH CORP no ticker–1.1%$30.7m2.00m+5.3%added
CNQ CANADIAN NAT RES LTD MED TEREnergy1.1%$30.1m300,000–new
PBR/A PETROLEO BRASILEIRO S A–1.0%$29.0m500,000–new
SAFEWAY INC no ticker–1.0%$28.6m1.00m−17%reduced
TIBCO SOFTWARE INC no ticker–1.0%$28.3m3.70m–new
CORE CORE MARK HOLDING CO INC–1.0%$27.9m1.06m0.0%held
NABI BIOPHARMACEUTICALS no ticker–1.0%$27.1m6.89m0.0%held
VICTORY ACQUISITION CORP no ticker–0.9%$25.2m2.65m0.0%held
GLG PARTNERS INC no ticker–0.8%$23.4m3.00m−34%reduced
DEPOMED INC no ticker–0.8%$22.6m7.05m0.0%held
COMSTOCK RES INC no ticker–0.8%$21.1m250,000–new
TGT TARGET CORPConsumer Defensive0.7%$19.5m418,7000.0%held
GLRE GREENLIGHT CAPITAL RE LTDFinancial Services0.6%$17.1m750,0000.0%held
STARWOOD HOTELS&RESORTS WRLD no ticker–0.6%$17.0m425,000–new
VANTAGE DRILLING COMPANY no ticker–0.6%$16.2m1.88m–new
ORN ORION GROUP HLDGS INCIndustrials0.6%$16.2m1.14m–new
BIOFUEL ENERGY CORP no ticker–0.5%$15.0m5.58m+346%added
AMERICAN SUPERCONDUCTOR CORP no ticker–0.4%$12.0m335,000–new
SIRF TECHNOLOGY HLDGS INC no ticker–0.4%$11.9m2.75m−8.3%reduced
TRIAN ACQUISITION I CORP UNIT 99/99/9999 no ticker–0.4%$10.3m1.00m0.0%held
AUGUSTA RES CORP no ticker–0.4%$10.3m1.74m0.0%held
GLOBAL CONSUMER ACQST CORP UNIT 99/99/9999 no ticker–0.4%$10.0m1.00m0.0%held
GLOBAL BRANDS ACQUISITION CO UNIT 99/99/9999 no ticker–0.4%$9.8m1.00m0.0%held
MPAA MOTORCAR PTS AMER INC–0.3%$7.5m986,700−1.3%reduced
VANTAGE DRILLING COMPANY *W EXP 05/24/201 no ticker–0.2%$6.8m1.88m–new
AXASEUR ABRAXAS PETE CORP–0.2%$6.4m1.21m0.0%held
LIGAND PHARMACEUTICALS INC no ticker–0.2%$5.2m2.01m0.0%held
PROGRESSIVE GAMING INTL CORP no ticker–0.2%$5.0m4.00m0.0%held
EMCORE CORP no ticker–0.2%$4.7m750,000+200%added

Exited since Q1 2008

27 rows
BEA SYS INC no ticker5.8%$168m
CYEUR CYPRESS SEMICONDUCTOR CORP3.9%$113m
HUN HUNTSMAN CORP3.5%$101m
MIRANT CORP NEW no ticker3.0%$87.3m
NYSE EURONEXT no ticker2.8%$80.2m
MYLAN INC no ticker1.6%$47.6m
DAIMLER AG REG no ticker1.4%$41.7m
ATML ATMEL CORP1.2%$34.8m
YAHOO INC no ticker1.0%$28.9m
IMCLONE SYS INC no ticker0.9%$26.9m
TRIPLECROWN ACQUISITION CORP UNIT 07/12/2012 no ticker0.9%$26.5m
APPLERA CORP no ticker0.7%$18.9m
STREETTRACKS GOLD TR GOLD no ticker0.6%$18.1m
BCE BCE INC0.6%$16.9m
VANTAGE ENERGY SERVICES INC no ticker0.5%$14.0m
SP ACQUISITION HOLDINGS INC UNIT 99/99/9999 no ticker0.4%$11.7m
CHIPOTLE MEXICAN GRILL INC no ticker0.4%$10.7m
SAPPHIRE INDUSTRIALS CORP UNIT 99/99/9999 no ticker0.3%$9.6m
CM CANADIAN IMPERIAL BANK OF CO0.3%$7.7m
COHR COHERENT INC0.2%$5.6m
OVERTURE ACQUISITION CORP no ticker0.2%$4.7m
SWIFT ENERGY CO no ticker0.2%$4.5m
CAPITOL ACQUISITION CORP DEL no ticker0.1%$4.1m
BEAR STEARNS COS INC no ticker0.04%$1.2m
VANTAGE ENERGY SERVICES INC *W EXP 99/99/999 no ticker0.04%$1.1m
CAPITOL ACQUISITION CORP DEL *W EXP 11/08/201 no ticker0.01%$203k
ENERGY PARTNERS LTD no ticker0.0%$2.0k

Sector mix

  • Unclassified77.0%
  • Financial Services15.0%
  • Consumer Cyclical2.5%
  • Technology2.1%
  • Industrials1.7%
  • Energy1.1%
  • Consumer Defensive0.7%

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