Third Point 13F holdings, Q1 2012
Holdings as of March 31, 2012 · filings on SEC EDGAR · latest filing →
Third Point disclosed 36 US equity positions worth $3.6bn in its Q1 2012 13F filing. The largest position was YAHOO INC at 30.1% of the reported book, followed by DELPHI AUTOMOTIVE PLC and SARA LEE CORP. Against the Q4 2011 filing, it opened 24 new positions, added to 4 and reduced 6 among the top 36 holdings.
What did Third Point own in Q1 2012? Top 36 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2011 |
|---|---|---|---|---|---|---|---|
| 1 | YAHOO INC | 30.1% | $1.1bn | 70,500,400 | 7% | added | |
| 2 | DELPHI AUTOMOTIVE PLC | 11.7% | $418.0m | 13,339,711 | – | new | |
| 3 | SARA LEE CORP | 6.2% | $221.2m | 10,275,000 | 32% | added | |
| 4 | AAPL APPLE INC | Technology | 6.1% | $217.0m | 362,000 | – | new |
| 5 | UTXZ UNITED TECHNOLOGIES CORP | 5.1% | $182.5m | 2,200,000 | – | new | |
| 6 | MARVELL TECHNOLOGY GROUP LTD | 4.1% | $145.5m | 9,250,000 | -7% | reduced | |
| 7 | COF CAPITAL ONE FINL CORP | Financial Services | 3.4% | $119.8m | 2,150,000 | – | new |
| 8 | EL PASO CORP | 3.3% | $118.2m | 4,000,000 | -28% | reduced | |
| 9 | CSCO CISCO SYS INC | Technology | 3.0% | $105.8m | 5,000,000 | – | new |
| 10 | ANF ABERCROMBIE & FITCH CO | Consumer Cyclical | 2.6% | $91.8m | 1,850,000 | – | new |
| 11 | WFC WELLS FARGO & CO NEW | Financial Services | 2.4% | $87.1m | 2,550,000 | – | new |
| 12 | TER TERADYNE INC | Technology | 2.4% | $84.5m | 5,000,000 | – | new |
| 13 | EXPRESS SCRIPTS INC | 2.3% | $81.3m | 1,500,000 | – | new | |
| 14 | PIONEER NAT RES CO | 2.0% | $72.5m | 650,000 | – | new | |
| 15 | DVN DEVON ENERGY CORP NEW | Energy | 2.0% | $71.1m | 1,000,000 | – | new |
| 16 | WFRD WEATHERFORD INTERNATIONAL LT REG | Energy | 1.9% | $69.4m | 4,600,000 | – | new |
| 17 | DISH DISH NETWORK CORP | 1.8% | $65.9m | 2,000,000 | -50% | reduced | |
| 18 | IVANHOE MINES LTD | 1.4% | $51.2m | 3,250,000 | – | new | |
| 19 | MCK MCKESSON CORP | Healthcare | 1.4% | $49.8m | 1,050,000 | – | new |
| 20 | LIBERTY MEDIA CORPORATION LIB CAP | 1.4% | $48.5m | 550,000 | 10% | added | |
| 21 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 1.0% | $36.0m | 800,000 | – | new |
| 22 | GLD SPDR GOLD TRUST GOLD | 0.7% | $25.9m | 160,000 | 0% | held | |
| 23 | GS GOLDMAN SACHS GROUP INC | Financial Services | 0.7% | $24.9m | 200,000 | -33% | reduced |
| 24 | GNW GENWORTH FINL INC | Financial Services | 0.6% | $20.8m | 2,500,000 | -29% | reduced |
| 25 | ROYAL BK SCOTLAND GROUP PLC SP | 0.5% | $18.3m | 965,000 | – | new | |
| 26 | THORATEC CORP | 0.5% | $16.9m | 500,000 | – | new | |
| 27 | ABX BARRICK GOLD CORP | Financial Services | 0.3% | $10.6m | 244,000 | 49% | added |
| 28 | ROYAL BK SCOTLAND GROUP PLC SP | 0.3% | $10.0m | 600,000 | – | new | |
| 29 | ROYAL BK SCOTLAND GROUP PLC | 0.3% | $9.0m | 530,000 | – | new | |
| 30 | XERIUM TECHNOLOGIES INC | 0.2% | $8.7m | 1,354,000 | -20% | reduced | |
| 31 | ROYAL BK SCOTLAND GROUP PLC | 0.1% | $4.0m | 250,000 | – | new | |
| 32 | BIOFUEL ENERGY CORP | 0.1% | $3.6m | 5,578,800 | 0% | held | |
| 33 | ROYAL BK SCOTLAND GROUP PLC SP | 0.1% | $3.5m | 210,000 | – | new | |
| 34 | ROYAL BK SCOTLAND GROUP PLC | 0.0% | $1.3m | 80,000 | – | new | |
| 35 | QUESTCOR PHARMACEUTICALS INC | 0.0% | $484.0k | 510,000 | – | new | |
| 36 | QIHOO 360 TECHNOLOGY CO LTD ADS | 0.0% | $458.0k | 228,900 | – | new |
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.