Third Point 13F holdings, Q4 2018
Holdings as of December 31, 2018 · filings on SEC EDGAR · latest filing →
Third Point disclosed 22 US equity positions worth $6.5bn in its Q4 2018 13F filing. The largest position was BAX at 28.3% of the reported book, followed by CPB and DOWDUPONT INC. Against the Q3 2018 filing, it opened 1 new position, added to 4 and reduced 12 among the top 22 holdings.
What did Third Point own in Q4 2018? Top 22 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2018 |
|---|---|---|---|---|---|---|---|
| 1 | BAX BAXTER INTL INC | Healthcare | 28.3% | $1.8bn | 28,000,000 | -22% | reduced |
| 2 | CPB CAMPBELL SOUP CO | Consumer Defensive | 10.6% | $692.8m | 21,000,000 | 17% | added |
| 3 | DOWDUPONT INC | 7.9% | $516.4m | 9,655,200 | -21% | reduced | |
| 4 | PYPL PAYPAL HLDGS INC | Financial Services | 5.2% | $338.5m | 4,025,000 | -56% | reduced |
| 5 | DHR DANAHER CORP DEL | Healthcare | 4.9% | $320.7m | 3,110,000 | -4% | reduced |
| 6 | SHIRE PLC | 4.6% | $299.2m | 1,719,413 | 7% | added | |
| 7 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 4.3% | $281.4m | 1,750,000 | -27% | reduced |
| 8 | AXP AMERICAN EXPRESS CO | Financial Services | 4.2% | $276.4m | 2,900,000 | -42% | reduced |
| 9 | SOTHEBYS | 4.1% | $264.7m | 6,661,604 | 0% | held | |
| 10 | MRK MERCK & CO INC | Healthcare | 3.3% | $212.0m | 2,775,000 | -38% | reduced |
| 11 | ADBE ADOBE INC | Technology | 3.1% | $203.6m | 900,000 | 0% | held |
| 12 | WP WORLDPAY INC | 3.1% | $201.0m | 2,630,000 | -14% | reduced | |
| 13 | V VISA INC | Financial Services | 3.0% | $197.9m | 1,500,000 | -12% | reduced |
| 14 | IQV IQVIA HLDGS INC | Healthcare | 2.9% | $189.4m | 1,630,000 | 9% | added |
| 15 | CRM SALESFORCE COM INC | Technology | 2.5% | $160.9m | 1,175,000 | 135% | added |
| 16 | FAR PT ACQUISITION CORP | 2.4% | $158.3m | 15,692,500 | 0% | held | |
| 17 | SPGI S&P GLOBAL INC | Financial Services | 2.1% | $136.0m | 800,000 | -19% | reduced |
| 18 | CI CIGNA CORP NEW | Healthcare | 1.7% | $109.2m | 575,000 | – | new |
| 19 | DOV DOVER CORP | Industrials | 0.7% | $43.6m | 615,000 | -85% | reduced |
| 20 | FAR PT ACQUISITION CORP | 0.6% | $40.4m | 4,000,000 | 0% | held | |
| 21 | KDMN KADMON HLDGS INC | 0.3% | $19.6m | 9,407,745 | 0% | held | |
| 22 | SHY ISHARES TR | 0.1% | $3.3m | 39,896 | -6% | reduced |
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.