Third Point 13F holdings, Q1 2011
Holdings as of March 31, 2011 · filings on SEC EDGAR · latest filing →
Third Point disclosed 40 US equity positions worth $1.7bn in its Q1 2011 13F filing. The largest position was EL PASO CORP at 11.4% of the reported book, followed by LYONDELLBASELL INDUSTRIES N and WMB. Against the Q4 2010 filing, it opened 14 new positions, added to 7 and reduced 7 among the top 40 holdings.
What did Third Point own in Q1 2011? Top 40 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2010 |
|---|---|---|---|---|---|---|---|
| 1 | EL PASO CORP | 11.4% | $198.0m | 11,000,000 | – | new | |
| 2 | LYONDELLBASELL INDUSTRIES N | 8.4% | $146.3m | 3,700,000 | -17% | reduced | |
| 3 | WMB WILLIAMS COS INC DEL | Energy | 8.2% | $143.4m | 4,600,000 | 15% | added |
| 4 | NXPI NXP SEMICONDUCTORS N V | Technology | 5.6% | $97.4m | 4,750,600 | 51% | added |
| 5 | AAPL APPLE INC | Technology | 4.0% | $69.7m | 200,000 | 25% | added |
| 6 | PALL CORP | 4.0% | $69.1m | 1,200,000 | 243% | added | |
| 7 | TESORO CORP | 3.8% | $67.1m | 2,500,000 | – | new | |
| 8 | CIT GROUP INC | 3.8% | $66.0m | 1,550,000 | 0% | held | |
| 9 | PHH CORP | 3.7% | $65.3m | 3,000,000 | -14% | reduced | |
| 10 | LIBERTY MEDIA CORP NEW INT | 3.7% | $64.2m | 4,000,000 | 0% | held | |
| 11 | MRO* MARATHON OIL CORP | 3.1% | $53.3m | 1,000,000 | 900% | added | |
| 12 | ASPEN TECHNOLOGY INC | 2.9% | $51.0m | 3,400,000 | -3% | reduced | |
| 13 | EBAY EBAY INC | Consumer Cyclical | 2.7% | $46.6m | 1,500,000 | – | new |
| 14 | SAFEWAY INC | 2.6% | $44.7m | 1,900,000 | – | new | |
| 15 | ACCURIDE CORP NEW | 2.6% | $44.6m | 3,210,000 | – | new | |
| 16 | YPF YPF SOCIEDAD ANONIMA SPON | Energy | 2.6% | $44.5m | 1,000,000 | – | new |
| 17 | TXT TEXTRON INC | Industrials | 2.1% | $37.0m | 1,350,000 | – | new |
| 18 | XERIUM TECHNOLOGIES INC | 2.0% | $35.6m | 1,480,000 | 3% | added | |
| 19 | SARA LEE CORP | 2.0% | $35.3m | 2,000,000 | – | new | |
| 20 | SWIFT TRANSN CO | 1.9% | $33.8m | 2,300,000 | – | new | |
| 21 | GLD SPDR GOLD TRUST GOLD | 1.8% | $31.5m | 225,000 | 30% | added | |
| 22 | DEPOMED INC | 1.8% | $31.1m | 3,100,000 | -42% | reduced | |
| 23 | POTASH CORP SASK INC | 1.7% | $29.5m | 500,000 | -58% | reduced | |
| 24 | ABRAXAS PETE CORP | 1.6% | $27.1m | 4,801,054 | 0% | held | |
| 25 | ORIT ORITANI FINL CORP DEL | 1.5% | $25.9m | 2,043,100 | 0% | held | |
| 26 | CBS CORP NEW | 1.4% | $25.0m | 1,000,000 | – | new | |
| 27 | CREXUS INVT CORP | 1.3% | $22.8m | 2,000,000 | – | new | |
| 28 | BIGGQ BIG LOTS INC | Consumer Defensive | 1.2% | $21.7m | 500,000 | – | new |
| 29 | NABI BIOPHARMACEUTICALS | 1.2% | $21.2m | 3,650,100 | -4% | reduced | |
| 30 | CAREFUSION CORP | 1.1% | $19.7m | 700,000 | 0% | held | |
| 31 | KKR & CO L P DEL | 1.1% | $19.7m | 1,200,000 | 0% | held | |
| 32 | MARKET VECTORS ETF TR JR GOLD MINERS E | 1.0% | $17.6m | 450,000 | 0% | held | |
| 33 | PHH CORP | 0.7% | $11.7m | 10,000,000 | -33% | reduced | |
| 34 | CFFN CAPITOL FED FINL INC | Financial Services | 0.5% | $8.5m | 750,225 | – | new |
| 35 | EMMIS COMMUNICATIONS CORP | 0.3% | $5.3m | 321,057 | 0% | held | |
| 36 | BIOFUEL ENERGY CORP | 0.3% | $4.6m | 5,578,800 | 0% | held | |
| 37 | LGND LIGAND PHARMACEUTICALS INC | Healthcare | 0.2% | $3.3m | 334,558 | -0% | held |
| 38 | ONEIDA FINL CORP MD | 0.2% | $2.8m | 317,400 | 0% | held | |
| 39 | LIFE PARTNERS HOLDINGS INC | 0.0% | $288.0k | 57,700 | – | new | |
| 40 | VANTAGE DRILLING COMPANY *W EXP 05/24/201 | 0.0% | $5.0k | 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.