Third Point 13F holdings, Q1 2014
Holdings as of March 31, 2014 · filings on SEC EDGAR · latest filing →
Third Point disclosed 44 US equity positions worth $6.4bn in its Q1 2014 13F filing. The largest position was ACTAVIS PLC at 8.1% of the reported book, followed by DOW CHEM CO and TMUS. Against the Q4 2013 filing, it opened 21 new positions, added to 8 and reduced 10 among the top 44 holdings.
What did Third Point own in Q1 2014? Top 44 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2013 |
|---|---|---|---|---|---|---|---|
| 1 | ACTAVIS PLC | 8.1% | $514.6m | 2,500,000 | – | new | |
| 2 | DOW CHEM CO | 5.5% | $351.1m | 7,225,000 | -6% | reduced | |
| 3 | TMUS T-MOBILE US INC | Communication Services | 4.9% | $313.8m | 9,500,000 | 25% | added |
| 4 | AIG AMERICAN INTL GROUP INC | Financial Services | 4.7% | $300.1m | 6,000,000 | -20% | reduced |
| 5 | SOTHEBYS | 4.6% | $289.6m | 6,650,000 | 5% | added | |
| 6 | FDX FEDEX CORP | Industrials | 4.2% | $265.1m | 2,000,000 | -20% | reduced |
| 7 | CF CF INDS HLDGS INC | Basic Materials | 4.0% | $251.9m | 966,500 | – | new |
| 8 | GOOGLE INC | 3.7% | $234.0m | 210,000 | 31% | added | |
| 9 | LIBERTY GLOBAL PLC | 3.5% | $219.8m | 5,400,000 | 500% | added | |
| 10 | WMB WILLIAMS COS INC DEL | Energy | 3.2% | $202.9m | 5,000,000 | 18% | added |
| 11 | VZ VERIZON COMMUNICATIONS INC | Communication Services | 2.6% | $166.5m | 3,500,000 | – | new |
| 12 | DG DOLLAR GEN CORP NEW | Consumer Defensive | 2.6% | $166.4m | 3,000,000 | 33% | added |
| 13 | LNG CHENIERE ENERGY INC | Energy | 2.6% | $166.1m | 3,000,000 | -6% | reduced |
| 14 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 2.6% | $165.7m | 1,950,000 | -3% | reduced |
| 15 | HERTZ GLOBAL HOLDINGS INC | 2.5% | $159.8m | 6,000,000 | 0% | held | |
| 16 | ROP ROPER INDS INC NEW | Technology | 2.4% | $153.5m | 1,150,000 | – | new |
| 17 | CTRA CABOT OIL & GAS CORP | 2.4% | $152.5m | 4,500,000 | 50% | added | |
| 18 | CITRIX SYS INC | 2.3% | $146.5m | 2,550,000 | – | new | |
| 19 | ANADARKO PETE CORP | 2.3% | $144.1m | 1,700,000 | -19% | reduced | |
| 20 | BUD ANHEUSER BUSCH INBEV SA/NV | Consumer Defensive | 2.2% | $142.2m | 1,350,000 | – | new |
| 21 | COCA COLA ENTERPRISES INC NE | 2.2% | $138.5m | 2,900,000 | -6% | reduced | |
| 22 | IP INTL PAPER CO | Consumer Cyclical | 2.2% | $137.6m | 3,000,000 | -25% | reduced |
| 23 | CCK CROWN HOLDINGS INC | Consumer Cyclical | 2.1% | $134.2m | 3,000,000 | 0% | held |
| 24 | AVAGO TECHNOLOGIES LTD | 2.0% | $128.8m | 2,000,000 | – | new | |
| 25 | HRB BLOCK H & R INC | Consumer Cyclical | 1.7% | $105.7m | 3,500,000 | – | new |
| 26 | MAS MASCO CORP | Industrials | 1.7% | $105.5m | 4,750,000 | – | new |
| 27 | AAL AMERICAN AIRLS GROUP INC | Industrials | 1.6% | $98.8m | 2,700,001 | – | new |
| 28 | C CITIGROUP INC | Financial Services | 1.5% | $95.2m | 2,000,000 | – | new |
| 29 | EQT EQT CORP | Energy | 1.4% | $87.3m | 900,000 | -14% | reduced |
| 30 | SIG SIGNET JEWELERS LIMITED | Consumer Cyclical | 1.3% | $84.7m | 800,000 | – | new |
| 31 | YPF YPF SOCIEDAD ANONIMA | Energy | 1.3% | $82.6m | 2,650,000 | – | new |
| 32 | SENSATA TECHNOLOGIES HLDG BV | 1.2% | $78.9m | 1,850,000 | – | new | |
| 33 | INTREXON CORP | 1.2% | $78.9m | 3,000,000 | 18% | added | |
| 34 | ASH ASHLAND INC NEW | Basic Materials | 1.2% | $74.6m | 750,000 | – | new |
| 35 | ENPH ENPHASE ENERGY INC | Technology | 0.9% | $54.8m | 7,448,987 | 0% | held |
| 36 | VYX NCR CORP NEW | Technology | 0.9% | $54.8m | 1,500,000 | – | new |
| 37 | BIDU BAIDU INC | Communication Services | 0.8% | $53.3m | 350,000 | -42% | reduced |
| 38 | TIME WARNER CABLE INC | 0.8% | $52.1m | 380,000 | – | new | |
| 39 | MDLZ MONDELEZ INTL INC | Consumer Defensive | 0.8% | $51.8m | 1,500,000 | – | new |
| 40 | TSU TIM PARTICIPACOES S A | 0.7% | $41.5m | 1,600,000 | – | new | |
| 41 | OCWEN FINL CORP | 0.6% | $39.2m | 1,000,000 | – | new | |
| 42 | NOKIA CORP | 0.5% | $33.0m | 4,500,000 | 0% | held | |
| 43 | VALEANT PHARMACEUTICALS INTL | 0.5% | $33.0m | 250,000 | – | new | |
| 44 | BIOFUEL ENERGY CORP | 0.1% | $7.6m | 1,043,123 | 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.