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 |
SBA Communications
SBAC
|
+$138M |
| 2 |
Team Health Holdings Inc
TMH
|
+$131M |
| 3 |
ENDP
Endo International plc
ENDP
|
+$116M |
| 4 |
Corpay
CPAY
|
+$64.9M |
| 5 |
CDK
CDK Global, Inc.
CDK
|
+$19M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fidelity National Information Services
FIS
|
+$233M |
| 2 |
Zoetis
ZTS
|
+$201M |
| 3 |
Viatris
VTRS
|
+$181M |
| 4 |
KSU
Kansas City Southern
KSU
|
+$113M |
| 5 |
AGN
Allergan plc
AGN
|
+$37.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.59% |
| 2 | Healthcare | 26.32% |
| 3 | Industrials | 20.1% |
| 4 | Communication Services | 12.57% |
| 5 | Real Estate | 5.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Autodesk
ADSK
$50.5B
| $752M | 28.16% |
12,890,000
| – | – |
2015 Q4
1 quarter
|
|
|
CDK
2
DELISTED
CDK Global, Inc.
CDK
| $536M | 20.1% |
11,523,377
+426,044
| +4% | +$19M |
2014 Q4
5 quarters
|
|
|
AGN
3
DELISTED
Allergan plc
AGN
| $417M | 15.62% |
1,555,000
-130,000
| -8% | -$37.2M |
2014 Q3
6 quarters
|
|
4
Charter Communications
CHTR
$12.5B
| $193M | 7.24% |
955,000
+100,000
| +12% | +$17.9M |
2015 Q3
2 quarters
|
|
|
5
SBA Communications
SBAC
$19.6B
| $145M | 5.42% |
+1,445,000
| New | +$138M |
2016 Q1
0 quarters
|
|
|
TWC
6
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $142M | 5.33% |
695,000
-90,000
| -11% | -$17M |
2015 Q3
2 quarters
|
|
|
7
DELISTED
Team Health Holdings Inc
TMH
| $134M | 5.01% |
+3,200,000
| New | +$131M |
2016 Q1
0 quarters
|
|
8
PTC
PTC
$21.2B
| $124M | 4.64% |
3,735,000
| – | – |
2015 Q2
3 quarters
|
|
|
AKRX
9
DELISTED
Akorn Inc
AKRX
| $82.6M | 3.09% |
3,510,000
-840,000
| -19% | -$22.1M |
2015 Q3
2 quarters
|
|
|
10
Corpay
CPAY
$26.1B
| $74.4M | 2.79% |
+500,000
| New | +$64.9M |
2016 Q1
0 quarters
|
|
|
ENDP
11
DELISTED
Endo International plc
ENDP
| $69.2M | 2.59% |
+2,460,000
| New | +$116M |
2016 Q1
0 quarters
|
|
|
12
Fidelity National Information Services
FIS
$19.2B
| – | – |
-3,840,000
| Closed | -$233M | – |
|
|
13
Viatris
VTRS
$22.1B
| – | – |
-3,350,000
| Closed | -$181M | – |
|
|
14
Zoetis
ZTS
$32.6B
| – | – |
-4,200,000
| Closed | -$201M | – |
|
|
KSU
15
DELISTED
Kansas City Southern
KSU
| – | – |
-1,515,000
| Closed | -$113M | – |
|
Similar funds
Scott Ferguson's Q1 2016 Portfolio in Review
As of Q1 2016, Scott Ferguson held 15 positions worth $2.67B, down 16% from $3.16B the previous quarter. Its ten largest holdings account for 97% of the portfolio.
Scott Ferguson withdrew a net $318M in Q1 2016, closing 4 positions and reducing 3 holdings. Its most notable exit was Fidelity National Information Services, an estimated $233M position sold in full.
By sector, the portfolio is most concentrated in Technology at 36% of assets, down from 36% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Scott Ferguson opened a new position in SBA Communications worth $145M.
- Scott Ferguson's largest Q1 2016 buy was SBA Communications: 1,445,000 shares worth $145M.
- Scott Ferguson added most to CDK Global, Inc. in Q1 2016, an estimated $19M increase.
- Scott Ferguson's biggest Q1 2016 reduction was Allergan plc, cutting an estimated $37.2M.
- Scott Ferguson fully exited Fidelity National Information Services in Q1 2016, selling an estimated $233M.
- Scott Ferguson's ten largest holdings make up 97% of its $2.67B portfolio in Q1 2016.
- Scott Ferguson opened 4 new positions and closed 4 in Q1 2016.
- Scott Ferguson's portfolio value fell 16% quarter-over-quarter to $2.67B.
Based on Sachem Head Capital Management's 13F filing for Q1 2016, filed 16 May 2016.