Third Point 13F holdings, Q1 2020
Holdings as of March 31, 2020 · filings on SEC EDGAR · latest filing →
Third Point disclosed 30 US equity positions worth $6.3bn in its Q1 2020 13F filing. The largest position was BAX at 15.0% of the reported book, followed by ALLERGAN PLC and DHR. Against the Q4 2019 filing, it opened 6 new positions, added to 5 and reduced 13 among the top 30 holdings.
What did Third Point own in Q1 2020? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2019 |
|---|---|---|---|---|---|---|---|
| 1 | BAX BAXTER INTL INC | Healthcare | 15.0% | $940.2m | 11,580,000 | -34% | reduced |
| 2 | ALLERGAN PLC | 12.2% | $763.6m | 4,311,500 | 20% | added | |
| 3 | DHR DANAHER CORPORATION | Healthcare | 7.9% | $494.1m | 3,570,000 | -4% | reduced |
| 4 | AMZN AMAZON COM INC | Consumer Cyclical | 6.7% | $419.2m | 215,000 | 207% | added |
| 5 | CNC CENTENE CORP DEL | Healthcare | 6.2% | $387.1m | 6,515,000 | 171% | added |
| 6 | UTXZ UNITED TECHNOLOGIES CORP | 6.0% | $377.3m | 4,000,000 | -23% | reduced | |
| 7 | FIS FIDELITY NATL INFORMATION SV | Technology | 4.6% | $285.2m | 2,345,000 | -6% | reduced |
| 8 | V VISA INC | Financial Services | 3.6% | $225.6m | 1,400,000 | -7% | reduced |
| 9 | CRM SALESFORCE COM INC | Technology | 3.5% | $219.6m | 1,525,000 | -31% | reduced |
| 10 | ADBE ADOBE INC | Technology | 3.4% | $211.6m | 665,000 | -30% | reduced |
| 11 | IQV IQVIA HLDGS INC | Healthcare | 3.2% | $197.9m | 1,835,000 | -8% | reduced |
| 12 | IAA INC | 3.1% | $194.7m | 6,500,000 | 0% | held | |
| 13 | SPGI S&P GLOBAL INC | Financial Services | 3.0% | $189.9m | 775,000 | -3% | reduced |
| 14 | BURL BURLINGTON STORES INC | Consumer Cyclical | 2.8% | $178.3m | 1,125,000 | -20% | reduced |
| 15 | RACE FERRARI N V | Consumer Cyclical | 2.6% | $165.5m | 1,085,000 | 623% | added |
| 16 | FAR PT ACQUISITION CORP | 2.5% | $158.8m | 15,692,500 | 0% | held | |
| 17 | DIS DISNEY WALT CO | Communication Services | 2.2% | $137.7m | 1,425,000 | – | new |
| 18 | CHTR CHARTER COMMUNICATIONS INC N | Communication Services | 2.1% | $130.9m | 300,000 | – | new |
| 19 | ROP ROPER TECHNOLOGIES INC | Technology | 1.4% | $85.7m | 275,000 | – | new |
| 20 | TEL TE CONNECTIVITY LTD | Technology | 1.4% | $85.0m | 1,350,000 | – | new |
| 21 | SERVICEMASTER GLOBAL HLDGS I | 1.3% | $83.7m | 3,100,000 | – | new | |
| 22 | SHW SHERWIN WILLIAMS CO | Basic Materials | 1.1% | $68.9m | 150,000 | – | new |
| 23 | AVTR AVANTOR INC | Healthcare | 1.0% | $62.5m | 5,000,000 | -29% | reduced |
| 24 | RAYTHEON CO | 0.7% | $42.8m | 326,500 | -41% | reduced | |
| 25 | FAR PT ACQUISITION CORP | 0.6% | $40.6m | 4,000,000 | 0% | held | |
| 26 | SONY SONY CORP | Technology | 0.6% | $39.9m | 675,000 | -55% | reduced |
| 27 | KDMN KADMON HLDGS INC | 0.6% | $39.4m | 9,407,745 | 0% | held | |
| 28 | BRISTOL-MYERS SQUIBB CO | 0.4% | $26.6m | 7,000,000 | 0% | held | |
| 29 | REPLAY ACQUISITION CORP | 0.2% | $9.8m | 1,000,000 | 0% | held | |
| 30 | SHY ISHARES TR | 0.1% | $4.1m | 47,424 | 12% | added |
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.