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 |
EVHC
Envision Healthcare Holdings Inc
EVHC
|
+$117M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$114M |
| 3 |
MIK
Michaels Stores, Inc
MIK
|
+$51.6M |
| 4 |
Corpay
CPAY
|
+$44.6M |
| 5 |
Charter Communications
CHTR
|
+$15M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$206M |
| 2 |
CDK
CDK Global, Inc.
CDK
|
+$192M |
| 3 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$142M |
| 4 |
PTC
PTC
|
+$124M |
| 5 |
ENDP
Endo International plc
ENDP
|
+$69.2M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 35.97% |
| 2 | Healthcare | 20.46% |
| 3 | Industrials | 19.16% |
| 4 | Communication Services | 15.2% |
| 5 | Real Estate | 6.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
Autodesk
ADSK
$53.6B
| $698M | 30.9% |
12,890,000
| – | – |
|
|
CDK
2
DELISTED
CDK Global, Inc.
CDK
| $433M | 19.16% |
7,800,162
-3,723,215
| -32% | -$192M |
|
|
3
Charter Communications
CHTR
$17.9B
| $234M | 10.37% |
1,024,624
+69,624
| +7% | +$15M |
|
4
SBA Communications
SBAC
$19.4B
| $156M | 6.91% |
1,445,000
| – | – |
|
|
AGN
5
DELISTED
Allergan plc
AGN
| $153M | 6.75% |
660,000
-895,000
| -58% | -$206M |
|
|
EVHC
6
DELISTED
Envision Healthcare Holdings Inc
EVHC
| $125M | 5.53% |
+1,644,950
| New | +$117M |
|
|
7
Corpay
CPAY
$27.4B
| $115M | 5.07% |
800,000
+300,000
| +60% | +$44.6M |
|
|
TMH
8
DELISTED
Team Health Holdings Inc
TMH
| $114M | 5.07% |
2,815,000
-385,000
| -12% | -$16.8M |
|
|
9
Alphabet (Google) Class A
GOOGL
$4.22T
| $109M | 4.83% |
+3,100,000
| New | +$114M |
|
|
AKRX
10
DELISTED
Akorn Inc
AKRX
| $70.1M | 3.1% |
2,460,000
-1,050,000
| -30% | -$29.1M |
|
|
MIK
11
DELISTED
Michaels Stores, Inc
MIK
| $51.9M | 2.3% |
+1,826,300
| New | +$51.6M |
|
|
12
PTC
PTC
$16.8B
| – | – |
-3,735,000
| Closed | -$124M |
|
|
ENDP
13
DELISTED
Endo International plc
ENDP
| – | – |
-2,460,000
| Closed | -$69.2M |
|
|
TWC
14
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| – | – |
-695,000
| Closed | -$142M |
|
Similar funds
Scott Ferguson's Q2 2016 Portfolio in Review
As of Q2 2016, Scott Ferguson held 14 positions worth $2.26B, down 15% from $2.67B the previous quarter. Its ten largest holdings account for 98% of the portfolio.
Scott Ferguson withdrew a net $438M in Q2 2016, closing 3 positions and reducing 4 holdings. Its most notable exit was TIME WARNER CABLE INC NEW COM STK, an estimated $142M position sold in full.
By sector, the portfolio is most concentrated in Technology at 36% of assets, up from 36% a quarter earlier, followed by Healthcare and Industrials.
Against the trend, Scott Ferguson opened a new position in Envision Healthcare Holdings Inc worth $125M.
- Scott Ferguson's largest Q2 2016 buy was Envision Healthcare Holdings Inc: 1,644,950 shares worth $125M.
- Scott Ferguson added most to Corpay in Q2 2016, an estimated $44.6M increase.
- Scott Ferguson's biggest Q2 2016 reduction was Allergan plc, cutting an estimated $206M.
- Scott Ferguson fully exited TIME WARNER CABLE INC NEW COM STK in Q2 2016, selling an estimated $142M.
- Scott Ferguson's ten largest holdings make up 98% of its $2.26B portfolio in Q2 2016.
- Scott Ferguson opened 3 new positions and closed 3 in Q2 2016.
- Scott Ferguson's portfolio value fell 15% quarter-over-quarter to $2.26B.
Based on Sachem Head Capital Management's 13F filing for Q2 2016, filed 12 Aug 2016.