Third Point 13F holdings, Q1 2016
Holdings as of March 31, 2016 · filings on SEC EDGAR · latest filing →
Third Point disclosed 35 US equity positions worth $10.7bn in its Q1 2016 13F filing. The largest position was BAX at 20.7% of the reported book, followed by ALLERGAN PLC and DOW CHEM CO. Against the Q4 2015 filing, it opened 15 new positions, added to 6 and reduced 8 among the top 35 holdings.
What did Third Point own in Q1 2016? Top 35 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2015 |
|---|---|---|---|---|---|---|---|
| 1 | BAX BAXTER INTL INC | Healthcare | 20.7% | $2.2bn | 53,850,000 | 0% | held |
| 2 | ALLERGAN PLC | 12.6% | $1.3bn | 5,000,000 | -7% | reduced | |
| 3 | DOW CHEM CO | 11.9% | $1.3bn | 25,000,000 | -1% | reduced | |
| 4 | GOOGL ALPHABET INC | Communication Services | 5.0% | $534.0m | 700,000 | – | new |
| 5 | YUM YUM BRANDS INC | Consumer Cyclical | 4.2% | $450.2m | 5,500,000 | 7204% | added |
| 6 | AMGN AMGEN INC | Healthcare | 4.2% | $449.8m | 3,000,000 | -67% | reduced |
| 7 | MHK MOHAWK INDS INC | Consumer Cyclical | 3.6% | $381.8m | 2,000,000 | -6% | reduced |
| 8 | DHR DANAHER CORP DEL | Healthcare | 3.3% | $351.0m | 3,700,000 | 64% | added |
| 9 | CB CHUBB LIMITED | Financial Services | 2.7% | $286.0m | 2,400,000 | – | new |
| 10 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 2.5% | $266.7m | 1,765,000 | 10% | added |
| 11 | ROP ROPER TECHNOLOGIES INC | Technology | 2.3% | $246.7m | 1,350,000 | -7% | reduced |
| 12 | TIME WARNER CABLE INC | 2.3% | $245.5m | 1,200,000 | -14% | reduced | |
| 13 | BAXALTA INC | 2.3% | $242.4m | 6,000,000 | – | new | |
| 14 | SEALED AIR CORP NEW | 2.2% | $240.1m | 5,000,000 | -5% | reduced | |
| 15 | LOW LOWES COS INC | Consumer Cyclical | 2.1% | $227.2m | 3,000,000 | – | new |
| 16 | TDG TRANSDIGM GROUP INC | Industrials | 2.1% | $220.3m | 1,000,000 | – | new |
| 17 | BUD ANHEUSER BUSCH INBEV SA/NV | Consumer Defensive | 2.0% | $218.2m | 1,750,000 | 25% | added |
| 18 | TAP MOLSON COORS BREWING CO | Consumer Defensive | 1.9% | $206.8m | 2,150,000 | 7% | added |
| 19 | AVGO BROADCOM LTD | Technology | 1.9% | $200.8m | 1,300,000 | – | new |
| 20 | E M C CORP MASS | 1.7% | $186.6m | 7,000,000 | – | new | |
| 21 | SOTHEBYS | 1.7% | $178.0m | 6,660,925 | 0% | held | |
| 22 | SIG SIGNET JEWELERS LIMITED | Consumer Cyclical | 1.2% | $124.0m | 1,000,000 | – | new |
| 23 | NOMD NOMAD HLDGS LTD | Consumer Defensive | 1.0% | $105.3m | 11,685,000 | – | new |
| 24 | SJM SMUCKER J M CO | Consumer Defensive | 0.9% | $100.6m | 775,000 | -53% | reduced |
| 25 | VMWARE INC | 0.6% | $62.8m | 1,200,000 | – | new | |
| 26 | GREEN BRICK PARTNERS INC | 0.6% | $61.4m | 8,083,022 | 0% | held | |
| 27 | TRGP TARGA RES CORP | Energy | 0.5% | $53.7m | 1,800,000 | – | new |
| 28 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 0.5% | $52.9m | 225,000 | – | new |
| 29 | TWENTY FIRST CENTY FOX INC | 0.4% | $40.4m | 1,450,000 | – | new | |
| 30 | KHC KRAFT HEINZ CO | Consumer Defensive | 0.4% | $39.3m | 500,000 | 510% | added |
| 31 | WMB WILLIAMS COS INC DEL | Energy | 0.3% | $32.1m | 2,000,000 | – | new |
| 32 | APIGEE CORP | 0.2% | $26.3m | 3,166,551 | 0% | held | |
| 33 | ENPH ENPHASE ENERGY INC | Technology | 0.1% | $14.6m | 6,248,987 | 0% | held |
| 34 | CITIGROUP INC | 0.0% | $2.0m | 20,000,000 | 0% | held | |
| 35 | GLPI GAMING & LEISURE PPTYS INC | Real Estate | 0.0% | $1.1m | 35,000 | – | 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.