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 |
DEN
Denbury Inc.
DEN
|
+$107M |
| 2 |
Okta
OKTA
|
+$47.3M |
| 3 |
Elastic
ESTC
|
+$42.8M |
| 4 |
CTLT
CATALENT, INC.
CTLT
|
+$29.1M |
| 5 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.78M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Uber
UBER
|
+$96.2M |
| 2 |
Olin
OLN
|
+$56.9M |
| 3 |
Spectrum Brands
SPB
|
+$51.4M |
| 4 |
Flex
FLEX
|
+$42.4M |
| 5 |
Fomento Económico Mexicano
FMX
|
+$40.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Staples | 41.1% |
| 2 | Materials | 23.84% |
| 3 | Technology | 14.95% |
| 4 | Industrials | 6.41% |
| 5 | Energy | 4.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
US Foods
USFD
$23.7B
| $833M | 34.79% |
18,932,877
| – | – |
|
2
International Flavors & Fragrances
IFF
$21.5B
| $530M | 22.15% |
6,663,839
-20,700
| -0.3% | -$1.78M |
|
3
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $187M | 7.81% |
+1,250,000
| New | +$180M |
|
|
4
Flex
FLEX
$40.8B
| $124M | 5.2% |
5,974,818
-2,378,647
| -28% | -$42.4M |
|
|
DEN
5
DELISTED
Denbury Inc.
DEN
| $102M | 4.25% |
+1,180,000
| New | +$107M |
|
|
RCM
6
DELISTED
R1 RCM Inc. Common Stock
RCM
| $94.2M | 3.94% |
5,108,000
-2,327,000
| -31% | -$37.8M |
|
7
Salesforce
CRM
$171B
| $89.7M | 3.74% |
424,400
-112,700
| -21% | -$23M |
|
|
8
Fomento Económico Mexicano
FMX
$41.1B
| $89.1M | 3.72% |
803,700
-401,300
| -33% | -$40.4M |
|
|
9
Okta
OKTA
$23.5B
| $85.3M | 3.56% |
1,230,000
+623,500
| +103% | +$47.3M |
|
|
10
Spectrum Brands
SPB
$2B
| $61.9M | 2.58% |
792,500
-720,200
| -48% | -$51.4M |
|
11
RB Global
RBA
$16.1B
| $59.3M | 2.47% |
987,500
| – | – |
|
|
12
Elastic
ESTC
$8.93B
| $58.5M | 2.44% |
912,800
+682,700
| +297% | +$42.8M |
|
|
13
Olin
OLN
$2.1B
| $40.3M | 1.68% |
785,000
-1,070,000
| -58% | -$56.9M |
|
|
CTLT
14
DELISTED
CATALENT, INC.
CTLT
| $28.7M | 1.2% |
+662,000
| New | +$29.1M |
|
|
15
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $8.73M | 0.36% |
19,700
+11,400
| +137% | +$4.78M |
|
16
Opendoor
OPEN
$3.43B
| $1.95M | 0.08% |
501,167
| – | – |
|
17
LivaNova
LIVN
$4.34B
| – | – |
-142,000
| Closed | -$6.19M |
|
18
Nextpower Inc
NXT
$13.1B
| – | – |
-350,000
| Closed | -$12.7M |
|
|
19
Uber
UBER
$161B
| – | – |
-3,034,500
| Closed | -$96.2M |
|
|
ARNC
20
DELISTED
Arconic Corporation
ARNC
| – | – |
-841,895
| Closed | -$22.1M |
|
Similar funds
Scott Ferguson's Q2 2023 Portfolio in Review
As of Q2 2023, Scott Ferguson held 20 positions worth $2.39B, up 6% from $2.26B the previous quarter. Its ten largest holdings account for 92% of the portfolio.
Scott Ferguson's Q2 2023 filing shows 3 new, 3 increased, 7 reduced and 4 closed positions. Its largest new stake was Denbury Inc.: 1,180,000 shares worth $102M. The largest sale was Uber, an estimated $96.2M.
By sector, the portfolio is most concentrated in Consumer Staples at 41% of assets, up from 40% a quarter earlier, followed by Materials and Technology.
- Scott Ferguson's largest Q2 2023 buy was Denbury Inc.: 1,180,000 shares worth $102M.
- Scott Ferguson added most to Okta in Q2 2023, an estimated $47.3M increase.
- Scott Ferguson's biggest Q2 2023 reduction was Olin, cutting an estimated $56.9M.
- Scott Ferguson fully exited Uber in Q2 2023, selling an estimated $96.2M.
- Scott Ferguson's ten largest holdings make up 92% of its $2.39B portfolio in Q2 2023.
- Scott Ferguson opened 3 new positions and closed 4 in Q2 2023.
- Scott Ferguson's portfolio value rose 6% quarter-over-quarter to $2.39B.
Based on Sachem Head Capital Management's 13F filing for Q2 2023, filed 14 Aug 2023.