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
|
+$188M |
| 2 |
Salesforce
CRM
|
+$155M |
| 3 |
CELG
Celgene Corp
CELG
|
+$150M |
| 4 |
Comcast
CMCSA
|
+$147M |
| 5 |
TMX
Terminix Global Holdings, Inc.
TMX
|
+$141M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Corpay
CPAY
|
+$139M |
| 2 |
AGN
Allergan plc
AGN
|
+$114M |
| 3 |
Team Health Holdings Inc
TMH
|
+$83M |
| 4 |
MIK
Michaels Stores, Inc
MIK
|
+$71.7M |
| 5 |
EVHC
Envision Healthcare Holdings Inc
EVHC
|
+$69M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 47.01% |
| 2 | Communication Services | 18.95% |
| 3 | Healthcare | 11.47% |
| 4 | Industrials | 11.31% |
| 5 | Real Estate | 7.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
Autodesk
ADSK
$50.9B
| $954M | 36.49% |
12,890,000
| – | – |
2015 Q4
4 quarters
|
|
|
2
SBA Communications
SBAC
$19.5B
| $184M | 7.05% |
+1,785,000
| New | +$188M |
2016 Q4
0 quarters
|
|
3
Charter Communications
CHTR
$12.1B
| $181M | 6.94% |
629,692
-240,308
| -28% | -$64.7M |
2015 Q3
5 quarters
|
|
4
Alphabet (Google) Class A
GOOGL
$3.96T
| $162M | 6.21% |
4,100,000
+1,000,000
| +32% | +$40M |
2016 Q2
2 quarters
|
|
|
CELG
5
DELISTED
Celgene Corp
CELG
| $156M | 5.96% |
+1,345,000
| New | +$150M |
2016 Q4
0 quarters
|
|
|
6
Comcast
CMCSA
$76.8B
| $152M | 5.8% |
+4,390,000
| New | +$147M |
2016 Q4
0 quarters
|
|
|
CDK
7
DELISTED
CDK Global, Inc.
CDK
| $150M | 5.75% |
2,519,305
| – | – |
2014 Q4
8 quarters
|
|
|
8
Salesforce
CRM
$199B
| $146M | 5.58% |
+2,130,000
| New | +$155M |
2016 Q4
0 quarters
|
|
|
TMX
9
DELISTED
Terminix Global Holdings, Inc.
TMX
| $145M | 5.56% |
+5,755,515
| New | +$141M |
2016 Q4
0 quarters
|
|
10
Dell
DELL
$313B
| $129M | 4.94% |
8,374,087
| – | – |
2016 Q3
1 quarter
|
|
|
ALXN
11
DELISTED
Alexion Pharmaceuticals
ALXN
| $114M | 4.38% |
+935,000
| New | +$114M |
2016 Q4
0 quarters
|
|
12
Bank of America
BAC
$353B
| $110M | 4.21% |
+4,978,000
| New | +$95.9M |
2016 Q4
0 quarters
|
|
|
SHPG
13
DELISTED
Shire pic
SHPG
| $29.8M | 1.14% |
+175,000
| New | +$31M |
2016 Q4
0 quarters
|
|
|
14
Corpay
CPAY
$25.8B
| – | – |
-800,000
| Closed | -$139M | – |
|
|
MIK
15
DELISTED
Michaels Stores, Inc
MIK
| – | – |
-2,967,390
| Closed | -$71.7M | – |
|
|
AGN
16
DELISTED
Allergan plc
AGN
| – | – |
-495,000
| Closed | -$114M | – |
|
|
EVHC
17
DELISTED
Envision Healthcare Holdings Inc
EVHC
| – | – |
-1,035,400
| Closed | -$69M | – |
|
|
18
DELISTED
Team Health Holdings Inc
TMH
| – | – |
-2,550,000
| Closed | -$83M | – |
|
Similar funds
Scott Ferguson's Q4 2016 Portfolio in Review
As of Q4 2016, Scott Ferguson held 18 positions worth $2.61B, up 29% from $2.03B the previous quarter. Its ten largest holdings account for 90% of the portfolio.
Scott Ferguson deployed $520M of net new capital in Q4 2016, opening 8 new positions and adding to 1 existing holding. Its largest new stake was SBA Communications: 1,785,000 shares worth $184M.
By sector, the portfolio is most concentrated in Technology at 47% of assets, down from 58% a quarter earlier, followed by Communication Services and Healthcare.
On the sell side, the largest reduction was Charter Communications, an estimated $64.7M trimmed.
- Scott Ferguson's largest Q4 2016 buy was SBA Communications: 1,785,000 shares worth $184M.
- Scott Ferguson added most to Alphabet (Google) Class A in Q4 2016, an estimated $40M increase.
- Scott Ferguson's biggest Q4 2016 reduction was Charter Communications, cutting an estimated $64.7M.
- Scott Ferguson fully exited Corpay in Q4 2016, selling an estimated $139M.
- Scott Ferguson's ten largest holdings make up 90% of its $2.61B portfolio in Q4 2016.
- Scott Ferguson opened 8 new positions and closed 5 in Q4 2016.
- Scott Ferguson's portfolio value rose 29% quarter-over-quarter to $2.61B.
Based on Sachem Head Capital Management's 13F filing for Q4 2016, filed 14 Feb 2017.