WhaleCreep

Third Point LLC 13F holdings, Q3 2008

Hedge fundSEC filingsCompare with another fundHoldings as of 2008-09-30, filed 2008-11-14

Third Point LLC disclosed 52 US equity positions worth $1.3bn in its Q3 2008 13F filing. Its largest position is DR PEPPER SNAPPLE GROUP INC at 6.8% of the reported book, followed by PHOENIX COS INC NEW and PLAINS EXPL& PRODTN CO. Versus Q2 2008 it opened 16 new positions, added to 5, reduced 11 and exited 21.

$1.3bn
Reported equity book
Sum of the long US equity positions in the filing, at the values filed. Options are excluded.
52
Positions
Distinct securities in the equity book with a reported value above zero. Options are excluded.
6.8%
Largest position
The largest single position as a share of the reported equity book.
50.8%
Top 10 weight
The ten largest positions together, as a share of the reported equity book.
27
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 Q2 2008: 16 new, 5 added, 11 reduced, 21 exited

50 of 52
DR PEPPER SNAPPLE GROUP INC no ticker–6.8%$88.7m3.35m–new
PHOENIX COS INC NEW no ticker–6.4%$83.2m9.00m+58%added
PLAINS EXPL& PRODTN CO no ticker–6.2%$80.9m2.30m−44%reduced
TDC TERADATA CORP DELTechnology6.0%$78.0m4.00m+74%added
LEAP WIRELESS INTL INC no ticker–5.3%$68.6m1.80m−31%reduced
TIBCO SOFTWARE INC no ticker–4.2%$54.9m7.50m+103%added
SPY SPDR S&P 500 ETF Trust–4.1%$53.2m458,4000.0%held
ANHEUSER BUSCH COS INC no ticker–4.0%$51.9m800,000–new
AEO AMERICAN EAGLE OUTFITTERS INConsumer Cyclical3.8%$49.6m3.25m−35%reduced
ROHM & HAAS CO no ticker–3.8%$49.0m700,000–new
LIBERTY ACQUISITION HLDGS CO UNIT 99/99/9999 no ticker–3.8%$49.0m5.50m0.0%held
TCM THOMPSON CREEK METALS CO INC–3.2%$41.7m4.50m+9.8%added
MEADWESTVACO CORP no ticker–2.6%$33.8m1.45m−42%reduced
CVS CVS HEALTH CORPHealthcare2.6%$33.7m1.00m–new
NABI BIOPHARMACEUTICALS no ticker–2.5%$32.1m6.89m0.0%held
HEWLETT PACKARD CO no ticker–2.3%$30.1m650,000–new
TXCO RES INC no ticker–2.2%$28.3m2.82m0.0%held
COVIDIEN LTD no ticker–2.1%$26.9m500,000−69%reduced
CORE CORE MARK HOLDING CO INC–2.1%$26.6m1.06m0.0%held
PHH CORP no ticker–2.1%$26.6m2.00m0.0%held
DEPOMED INC no ticker–2.0%$25.7m7.05m0.0%held
MAGUIRE PPTYS INC no ticker–1.9%$25.2m4.22m0.0%held
VICTORY ACQUISITION CORP no ticker–1.9%$25.2m2.65m0.0%held
TGT TARGET CORPConsumer Defensive1.9%$24.5m500,000+19%added
WENDYS INTL INC no ticker–1.5%$19.7m3.75m–new
FLOW INTL CORP no ticker–1.5%$19.6m3.85m−16%reduced
EPICOR SOFTWARE CORP no ticker–1.5%$18.9m2.40m–new
GLRE GREENLIGHT CAPITAL RE LTDFinancial Services1.3%$16.7m725,000−3.3%reduced
UST INC no ticker–1.3%$16.6m250,000–new
NPO ENPRO INCIndustrials1.1%$14.3m385,000−55%reduced
GLG PARTNERS INC no ticker–0.8%$10.4m1.92m−36%reduced
DIN DINE BRANDS GLOBAL INCConsumer Cyclical0.8%$9.9m590,000–new
GLOBAL BRANDS ACQUISITION CO UNIT 99/99/9999 no ticker–0.7%$9.5m1.00m0.0%held
GLOBAL CONSUMER ACQST CORP UNIT 99/99/9999 no ticker–0.7%$9.3m1.00m0.0%held
TRIAN ACQUISITION I CORP UNIT 99/99/9999 no ticker–0.7%$9.2m1.00m0.0%held
MERRILL LYNCH & CO INC no ticker–0.5%$6.3m250,000–new
AUGUSTA RES CORP no ticker–0.5%$6.1m1.74m0.0%held
LIGAND PHARMACEUTICALS INC no ticker–0.5%$5.9m2.01m0.0%held
VANTAGE DRILLING COMPANY no ticker–0.4%$5.6m1.88m0.0%held
HECKMANN CORP *W EXP 11/09/201 no ticker–0.4%$5.4m2.50m–new
EPICOR SOFTWARE CORP no ticker–0.4%$5.0m8.00m–new
OSIS OSI SYSTEMS INCTechnology0.4%$4.8m204,4950.0%held
HECKMANN CORP no ticker–0.3%$4.1m500,000–new
EMCORE CORP no ticker–0.2%$3.2m650,000−13%reduced
BIOFUEL ENERGY CORP no ticker–0.2%$3.2m5.58m0.0%held
GLG PARTNERS INC *W EXP 12/28/201 no ticker–0.1%$1.5m2.05m0.0%held
VANTAGE DRILLING COMPANY *W EXP 05/24/201 no ticker–0.07%$900k1.88m0.0%held
VICTORY ACQUISITION CORP *W EXP 04/24/201 no ticker–0.06%$743k1.65m0.0%held
PROGRESSIVE GAMING INTL CORP no ticker–0.06%$715k500,000−88%reduced
EDCI HLDGS INC no ticker–0.05%$620k155,000–new

Exited since Q2 2008

21 rows
MA MASTERCARD INC14.4%$398m
CLEAR CHANNEL COMMUNICATIONS no ticker12.7%$352m
QUESTAR CORP no ticker10.0%$277m
AKS1EUR AK STL HLDG CORP2.5%$69.0m
ST MARY LD & EXPL CO no ticker1.5%$42.0m
CHKEUR CHESAPEAKE ENERGY CORP1.2%$33.0m
CTRA COTERRA ENERGY INC1.1%$31.5m
CNQ CANADIAN NAT RES LTD MED TER1.1%$30.1m
PBR/A PETROLEO BRASILEIRO S A1.0%$29.0m
SAFEWAY INC no ticker1.0%$28.6m
COMSTOCK RES INC no ticker0.8%$21.1m
STARWOOD HOTELS&RESORTS WRLD no ticker0.6%$17.0m
ORN ORION GROUP HLDGS INC0.6%$16.2m
AMERICAN SUPERCONDUCTOR CORP no ticker0.4%$12.0m
SIRF TECHNOLOGY HLDGS INC no ticker0.4%$11.9m
MPAA MOTORCAR PTS AMER INC0.3%$7.5m
AXASEUR ABRAXAS PETE CORP0.2%$6.4m
NUSTAR GP HOLDINGS LLC no ticker0.2%$4.5m
LORLUSD LORAL SPACE & COM INC0.07%$1.9m
ENTERTAINMENT DIST CO INC no ticker0.03%$759k
MASSEY ENERGY CORP no ticker0.01%$152k

Sector mix

  • Unclassified82.1%
  • Technology6.4%
  • Consumer Cyclical4.6%
  • Healthcare2.6%
  • Consumer Defensive1.9%
  • Financial Services1.3%
  • Industrials1.1%

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