Third Point’s Campbell Soup CPB Stock Holding History

Third Point’s Portfolio CPB Stock Details CPB Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2020 Q1	–	Sell	-14,400,000	Closed	-$712M	–	34
2019 Q4	$712M	Sell	14,400,000 -2,600,000	-15%	-$123M	8.18%	3
2019 Q3	$798M	Sell	17,000,000 -1,500,000	-8%	-$64.8M	9.48%	3
2019 Q2	$741M	Sell	18,500,000 -2,500,000	-12%	-$98.2M	8.68%	3
2019 Q1	$801M	Hold	21,000,000	–	–	8.9%	3
2018 Q4	$693M	Buy	21,000,000 +3,000,000	+17%	+$113M	10.64%	2
2018 Q3	$659M	Buy	18,000,000 +12,450,000	+224%	+$507M	4.61%	7
2018 Q2	$225M	Buy	+5,550,000	New	+$216M	1.57%	21

Other funds holding CPB

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Brandywine Managers Hockessin, Delaware $170M AUM 10.01% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

State Farm Mutual Automobile Insurance Bloomington, Illinois $127B AUM 32.55% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Third Point's CPB Position: Q1 2020 in Review

Third Point sold out of Campbell Soup (CPB) in Q1 2020, closing a stake of 14,400,000 shares — an estimated $712M sold.

Third Point first reported a position in CPB in Q2 2018 and held it in 7 quarters. The position peaked at $801M in Q1 2019. 571 funds tracked by Wall St. Rank hold CPB as of Q1 2020.

Third Point reported no remaining Campbell Soup position as of Q1 2020 after selling out during the quarter.
Third Point sold 14,400,000 Campbell Soup shares in Q1 2020, an estimated $712M.
Third Point first reported a position in Campbell Soup in Q2 2018 and held it in 7 quarters.
Third Point's Campbell Soup position peaked at $801M in Q1 2019.
571 funds tracked by Wall St. Rank held Campbell Soup as of Q1 2020.

Based on Third Point's 13F filing for Q1 2020, filed 15 May 2020.