Third Point 13F holdings, Q4 2009
Holdings as of December 31, 2009 · filings on SEC EDGAR · latest filing →
Third Point disclosed 31 US equity positions worth $667.8m in its Q4 2009 13F filing. The largest position was PHH CORP at 11.8% of the reported book, followed by BANK OF AMERICA CORPORATION UNIT 99/99/9999 and CIT GROUP INC. Against the Q3 2009 filing, it opened 13 new positions, added to 3 and reduced 4 among the top 31 holdings.
What did Third Point own in Q4 2009? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2009 |
|---|---|---|---|---|---|---|---|
| 1 | PHH CORP | 11.8% | $78.6m | 4,880,000 | 9% | added | |
| 2 | BANK OF AMERICA CORPORATION UNIT 99/99/9999 | 10.5% | $70.1m | 4,700,000 | – | new | |
| 3 | CIT GROUP INC | 7.2% | $48.3m | 1,750,000 | – | new | |
| 4 | AFFILIATED COMPUTER SERVICES | 7.2% | $47.8m | 800,000 | – | new | |
| 5 | CABLEVISION SYS CORP | 5.8% | $38.7m | 1,500,000 | 0% | held | |
| 6 | XEROX CORP | 5.1% | $33.8m | 4,000,000 | – | new | |
| 7 | NABI BIOPHARMACEUTICALS | 5.1% | $33.8m | 6,890,000 | 0% | held | |
| 8 | ENERGY PARTNERS LTD | 4.2% | $28.3m | 3,305,000 | – | new | |
| 9 | COINSTAR INC | 3.5% | $23.6m | 850,000 | 183% | added | |
| 10 | DIRECTV | 3.5% | $23.3m | 700,000 | – | new | |
| 11 | DEPOMED INC | 3.4% | $22.7m | 6,790,000 | 0% | held | |
| 12 | POPULAR INC | 3.4% | $22.6m | 10,000,000 | -44% | reduced | |
| 13 | PHOENIX COS INC NEW | 2.9% | $19.4m | 6,974,000 | 0% | held | |
| 14 | DAN DANA HOLDING CORP | Consumer Cyclical | 2.6% | $17.3m | 1,600,000 | 0% | held |
| 15 | YAHOO INC | 2.5% | $16.8m | 1,000,000 | – | new | |
| 16 | LIBERTY MEDIA CORP NEW LIB STAR | 2.4% | $15.9m | 345,000 | – | new | |
| 17 | HEWLETT PACKARD CO | 2.3% | $15.5m | 300,000 | -50% | reduced | |
| 18 | PEPSI BOTTLING GROUP INC | 2.2% | $15.0m | 400,000 | 0% | held | |
| 19 | PEPSIAMERICAS INC | 2.2% | $14.6m | 500,000 | 0% | held | |
| 20 | AMD ADVANCED MICRO DEVICES INC | Technology | 2.2% | $14.5m | 1,500,000 | – | new |
| 21 | BIOFUEL ENERGY CORP | 2.0% | $13.6m | 5,578,800 | 0% | held | |
| 22 | CAPITALSOURCE INC | 1.4% | $9.3m | 2,350,000 | 15% | added | |
| 23 | ABRAXAS PETE CORP | 1.2% | $8.0m | 4,801,054 | – | new | |
| 24 | GLRE GREENLIGHT CAPITAL RE LTD | Financial Services | 1.2% | $7.8m | 330,000 | -54% | reduced |
| 25 | AWK AMERICAN WTR WKS CO INC NEW | Utilities | 0.8% | $5.6m | 250,000 | -75% | reduced |
| 26 | PAIN THERAPEUTICS INC | 0.8% | $5.4m | 1,000,000 | – | new | |
| 27 | LIFE PARTNERS HOLDINGS INC | 0.8% | $5.3m | 250,000 | – | new | |
| 28 | BCS BARCLAYS PLC | Financial Services | 0.7% | $4.4m | 250,000 | 0% | held |
| 29 | LIGAND PHARMACEUTICALS INC | 0.7% | $4.4m | 2,007,378 | 0% | held | |
| 30 | EMMIS COMMUNICATIONS CORP | 0.5% | $3.1m | 206,000 | – | new | |
| 31 | VANTAGE DRILLING COMPANY *W EXP 05/24/201 | 0.0% | $187.0k | 1,875,000 | 0% | held |
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.