Scott Ferguson Sachem Head Capital Management
Scott Ferguson is the founder of Sachem Head Capital Management, an activist and fundamental equity firm. He previously worked at firms including Corvex and built a reputation for research-driven campaigns at public companies. Ferguson’s filings and activist situations are followed closely in event-driven and engagement-oriented investing circles.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$83.9M |
| 2 |
Dollar General
DG
|
+$79.3M |
| 3 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$25.7M |
| 4 |
Viatris
VTRS
|
+$23.1M |
| 5 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$7.78M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cheniere Energy
LNG
|
+$114M |
| 2 |
Signet Jewelers
SIG
|
+$80.2M |
| 3 |
Armstrong World Industries
AWI
|
+$60M |
| 4 |
Lamar Advertising Co
LAMR
|
+$53M |
| 5 |
Bausch Health
BHC
|
+$52.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 49.72% |
| 2 | Communication Services | 21.3% |
| 3 | Materials | 11.78% |
| 4 | Consumer Staples | 9.03% |
| 5 | Miscellaneous | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Zoetis
ZTS
$33.4B
| $162M | 18.11% |
4,395,000
| – | – |
2014 Q1
2 quarters
|
|
2
Air Products & Chemicals
APD
$69.3B
| $106M | 11.78% |
877,232
| – | – |
2014 Q1
2 quarters
|
|
|
3
Viatris
VTRS
$23.5B
| $102M | 11.39% |
2,245,000
+475,000
| +27% | +$23.1M |
2014 Q1
2 quarters
|
|
|
AGN
4
DELISTED
Allergan Inc
AGN
| $90.8M | 10.13% |
509,800
+19,800
| +4% | +$3.29M |
2014 Q2
1 quarter
|
|
|
AGN
5
DELISTED
Allergan plc
AGN
| $90.5M | 10.09% |
+375,000
| New | +$83.9M |
2014 Q3
0 quarters
|
|
|
6
Dollar General
DG
$30.2B
| $81M | 9.03% |
+1,325,000
| New | +$79.3M |
2014 Q3
0 quarters
|
|
|
TWC
7
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $80.8M | 9.01% |
563,300
+173,300
| +44% | +$25.7M |
2014 Q1
2 quarters
|
|
|
TFCFA
8
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $66.1M | 7.37% |
1,926,500
+225,000
| +13% | +$7.78M |
2014 Q1
2 quarters
|
|
9
Comcast
CMCSA
$87B
| $44.1M | 4.92% |
1,640,000
| – | – |
2013 Q4
3 quarters
|
|
|
10
Armstrong World Industries
AWI
$7.49B
| – | – |
-1,045,000
| Closed | -$60M | – |
|
|
11
Bausch Health
BHC
$3.14B
| – | – |
-419,500
| Closed | -$52.9M | – |
|
12
Alphabet (Google) Class C
GOOG
$3.52T
| – | – |
-1,291,536
| Closed | -$37.7M | – |
|
|
13
Lamar Advertising Co
LAMR
$16.1B
| – | – |
-1,000,000
| Closed | -$53M | – |
|
|
14
Cheniere Energy
LNG
$58.2B
| – | – |
-1,590,000
| Closed | -$114M | – |
|
|
15
Signet Jewelers
SIG
$4.54B
| – | – |
-725,000
| Closed | -$80.2M | – |
|
Similar funds
Scott Ferguson's Q3 2014 Portfolio in Review
As of Q3 2014, Scott Ferguson held 16 positions worth $897M, down 8.4% from $979M the previous quarter. Its ten largest holdings account for 100% of the portfolio.
Scott Ferguson withdrew a net $101M in Q3 2014, closing 6 positions. Its most notable exit was Cheniere Energy, an estimated $114M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 50% of assets, up from 38% a quarter earlier, followed by Communication Services and Materials.
Against the trend, Scott Ferguson opened a new position in Allergan plc worth $90.5M.
- Scott Ferguson's largest Q3 2014 buy was Allergan plc: 375,000 shares worth $90.5M.
- Scott Ferguson added most to TIME WARNER CABLE INC NEW COM STK in Q3 2014, an estimated $25.7M increase.
- Scott Ferguson fully exited Cheniere Energy in Q3 2014, selling an estimated $114M.
- Scott Ferguson's ten largest holdings make up 100% of its $897M portfolio in Q3 2014.
- Scott Ferguson opened 3 new positions and closed 6 in Q3 2014.
- Scott Ferguson's portfolio value fell 8.4% quarter-over-quarter to $897M.
Based on Sachem Head Capital Management's 13F filing for Q3 2014, filed 14 Nov 2014.