Third Point 13F holdings, Q1 2019
Holdings as of March 31, 2019 · filings on SEC EDGAR · latest filing →
Third Point disclosed 30 US equity positions worth $8.9bn in its Q1 2019 13F filing. The largest position was BAX at 25.5% of the reported book, followed by UTXZ and CPB. Against the Q4 2018 filing, it opened 12 new positions, added to 1 and reduced 7 among the top 30 holdings.
What did Third Point own in Q1 2019? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2018 |
|---|---|---|---|---|---|---|---|
| 1 | BAX BAXTER INTL INC | Healthcare | 25.5% | $2.3bn | 28,000,000 | 0% | held |
| 2 | UTXZ UNITED TECHNOLOGIES CORP | 9.4% | $835.2m | 6,480,000 | – | new | |
| 3 | CPB CAMPBELL SOUP CO | Consumer Defensive | 9.0% | $800.7m | 21,000,000 | 0% | held |
| 4 | DHR DANAHER CORPORATION | Healthcare | 5.5% | $489.8m | 3,710,000 | 19% | added |
| 5 | DOWDUPONT INC | 5.2% | $466.2m | 8,745,000 | -9% | reduced | |
| 6 | PYPL PAYPAL HLDGS INC | Financial Services | 4.1% | $363.4m | 3,500,000 | -13% | reduced |
| 7 | FOXA FOX CORP | Communication Services | 4.0% | $358.1m | 9,755,000 | – | new |
| 8 | SOTHEBYS | 2.8% | $251.5m | 6,661,604 | 0% | held | |
| 9 | WP WORLDPAY INC | 2.8% | $249.7m | 2,200,000 | -16% | reduced | |
| 10 | ADBE ADOBE INC | Technology | 2.7% | $239.8m | 900,000 | 0% | held |
| 11 | IQV IQVIA HLDGS INC | Healthcare | 2.6% | $234.5m | 1,630,000 | 0% | held |
| 12 | V VISA INC | Financial Services | 2.6% | $234.3m | 1,500,000 | 0% | held |
| 13 | MPC MARATHON PETE CORP | Energy | 2.3% | $209.5m | 3,500,000 | – | new |
| 14 | BSX BOSTON SCIENTIFIC CORP | Healthcare | 2.1% | $191.9m | 5,000,000 | – | new |
| 15 | CRM SALESFORCE COM INC | Technology | 2.1% | $186.1m | 1,175,000 | 0% | held |
| 16 | STZ CONSTELLATION BRANDS INC | Consumer Defensive | 2.1% | $184.1m | 1,050,000 | -40% | reduced |
| 17 | CELG CELGENE CORP | 1.8% | $165.1m | 1,750,000 | – | new | |
| 18 | AXP AMERICAN EXPRESS CO | Financial Services | 1.8% | $163.9m | 1,500,000 | -48% | reduced |
| 19 | SPGI S&P GLOBAL INC | Financial Services | 1.8% | $160.0m | 760,000 | -5% | reduced |
| 20 | FAR PT ACQUISITION CORP | 1.7% | $156.1m | 15,692,500 | 0% | held | |
| 21 | ROST ROSS STORES INC | Consumer Cyclical | 1.7% | $149.0m | 1,600,000 | – | new |
| 22 | NFLX NETFLIX INC | Communication Services | 1.6% | $142.6m | 400,000 | – | new |
| 23 | BLACK KNIGHT INC | 1.1% | $95.4m | 1,750,000 | – | new | |
| 24 | CC CHEMOURS CO | Basic Materials | 0.8% | $74.3m | 2,000,000 | – | new |
| 25 | SONY SONY CORP | Technology | 0.7% | $63.4m | 1,500,000 | – | new |
| 26 | COLFAX CORP | 0.7% | $59.4m | 2,000,000 | – | new | |
| 27 | MSFT MICROSOFT CORP | Technology | 0.7% | $59.0m | 500,000 | – | new |
| 28 | FAR PT ACQUISITION CORP | 0.5% | $41.6m | 4,000,000 | 0% | held | |
| 29 | KDMN KADMON HLDGS INC | 0.3% | $24.8m | 9,407,745 | 0% | held | |
| 30 | SHY ISHARES TR | 0.0% | $3.2m | 38,260 | -4% | 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.