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 |
Microsoft
MSFT
|
+$242M |
| 2 |
SHPG
Shire pic
SHPG
|
+$135M |
| 3 |
ZAYO
Zayo Group Holdings, Inc.
ZAYO
|
+$131M |
| 4 |
TSRO
TESARO, Inc.
TSRO
|
+$54M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Autodesk
ADSK
|
+$618M |
| 2 |
CELG
Celgene Corp
CELG
|
+$205M |
| 3 |
KATE
Kate Spade & Company
KATE
|
+$145M |
| 4 |
Bank of America
BAC
|
+$117M |
| 5 |
Bristol-Myers Squibb
BMY
|
+$113M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 58.99% |
| 2 | Communication Services | 27.63% |
| 3 | Healthcare | 8.26% |
| 4 | Industrials | 5.13% |
| 5 | Consumer Discretionary | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Autodesk
ADSK
$52.7B
| $669M | 30.68% |
6,640,000
-6,250,000
| -48% | -$618M |
2015 Q4
6 quarters
|
|
|
2
Microsoft
MSFT
$3.89T
| $243M | 11.15% |
+3,530,000
| New | +$242M |
2017 Q2
0 quarters
|
|
3
Alphabet (Google) Class A
GOOGL
$3.92T
| $191M | 8.73% |
4,100,000
| – | – |
2016 Q2
4 quarters
|
|
4
Dell
DELL
$290B
| $190M | 8.71% |
11,081,670
| – | – |
2016 Q3
3 quarters
|
|
5
Salesforce
CRM
$205B
| $184M | 8.45% |
2,130,000
| – | – |
2016 Q4
2 quarters
|
|
6
Comcast
CMCSA
$80.5B
| $171M | 7.83% |
4,390,000
| – | – |
2016 Q4
2 quarters
|
|
|
SHPG
7
DELISTED
Shire pic
SHPG
| $128M | 5.87% |
+775,000
| New | +$135M |
2017 Q2
0 quarters
|
|
|
ZAYO
8
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $124M | 5.66% |
+4,000,000
| New | +$131M |
2017 Q2
0 quarters
|
|
9
Charter Communications
CHTR
$12.4B
| $118M | 5.4% |
350,000
-165,000
| -32% | -$55M |
2015 Q3
7 quarters
|
|
|
TMX
10
DELISTED
Terminix Global Holdings, Inc.
TMX
| $112M | 5.13% |
4,262,515
-1,493,000
| -26% | -$39.1M |
2016 Q4
2 quarters
|
|
|
TSRO
11
DELISTED
TESARO, Inc.
TSRO
| $52.2M | 2.39% |
+373,136
| New | +$54M |
2017 Q2
0 quarters
|
|
|
12
Bank of America
BAC
$354B
| – | – |
-4,978,000
| Closed | -$117M | – |
|
|
13
Bristol-Myers Squibb
BMY
$126B
| – | – |
-2,070,000
| Closed | -$113M | – |
|
14
Humana
HUM
$50.7B
| – | – |
-375,000
| Closed | -$77.3M | – |
|
15
Meta Platforms (Facebook)
META
$1.64T
| – | – |
-575,000
| Closed | -$81.7M | – |
|
|
CDK
16
DELISTED
CDK Global, Inc.
CDK
| – | – |
-650,000
| Closed | -$42.3M | – |
|
|
ALXN
17
DELISTED
Alexion Pharmaceuticals
ALXN
| – | – |
-635,000
| Closed | -$77M | – |
|
|
KATE
18
DELISTED
Kate Spade & Company
KATE
| – | – |
-6,250,000
| Closed | -$145M | – |
|
|
CELG
19
DELISTED
Celgene Corp
CELG
| – | – |
-1,650,000
| Closed | -$205M | – |
|
|
CIT
20
DELISTED
CIT Group Inc.
CIT
| – | – |
-1,620,000
| Closed | -$69.5M | – |
|
Similar funds
Scott Ferguson's Q2 2017 Portfolio in Review
As of Q2 2017, Scott Ferguson held 20 positions worth $2.18B, down 29% from $3.09B the previous quarter. Its ten largest holdings account for 98% of the portfolio.
Scott Ferguson withdrew a net $1.08B in Q2 2017, closing 9 positions and reducing 3 holdings. Its most notable exit was Celgene Corp, an estimated $205M position sold in full.
By sector, the portfolio is most concentrated in Technology at 59% of assets, up from 48% a quarter earlier, followed by Communication Services and Healthcare.
Against the trend, Scott Ferguson opened a new position in Microsoft worth $243M.
- Scott Ferguson's largest Q2 2017 buy was Microsoft: 3,530,000 shares worth $243M.
- Scott Ferguson's biggest Q2 2017 reduction was Autodesk, cutting an estimated $618M.
- Scott Ferguson fully exited Celgene Corp in Q2 2017, selling an estimated $205M.
- Scott Ferguson's ten largest holdings make up 98% of its $2.18B portfolio in Q2 2017.
- Scott Ferguson opened 4 new positions and closed 9 in Q2 2017.
- Scott Ferguson's portfolio value fell 29% quarter-over-quarter to $2.18B.
Based on Sachem Head Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.