Third Point’s Cheniere Energy LNG Stock Holding History

Third Point’s Portfolio LNG Stock Details LNG Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-800,000	Closed	-$64M	–	49
2014 Q3	$64M	Sell	800,000 -1,450,000	-64%	-$111M	0.73%	33
2014 Q2	$161M	Sell	2,250,000 -750,000	-25%	-$45.6M	1.98%	18
2014 Q1	$166M	Sell	3,000,000 -200,000	-6%	-$9.59M	2.44%	14
2013 Q4	$138M	Buy	+3,200,000	New	+$127M	2.38%	16

Other funds holding LNG

Baupost Group Boston, Massachusetts $5.42B AUM 22.93% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

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

Viking Global Investors Stamford, Connecticut $35.1B AUM 21.36% 1-Year Est. Return

LPC

Lone Pine Capital Greenwich, Connecticut $16.4B AUM 99.7% 1-Year Est. Return

KCM

Kensico Capital Management Greenwich, Connecticut $5.83B AUM 42.34% 1-Year Est. Return

SCP

Soroban Capital Partners New York $47.8B AUM 11.8% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

ACG

Anchorage Capital Group New York $450M AUM 41.75% 1-Year Est. Return

Third Point's LNG Position: Q4 2014 in Review

Third Point sold out of Cheniere Energy (LNG) in Q4 2014, closing a stake of 800,000 shares — an estimated $64M sold.

Third Point first reported a position in LNG in Q4 2013 and held it in 4 quarters. The position peaked at $166M in Q1 2014. 387 funds tracked by Wall St. Rank hold LNG as of Q4 2014.

Third Point reported no remaining Cheniere Energy position as of Q4 2014 after selling out during the quarter.
Third Point sold 800,000 Cheniere Energy shares in Q4 2014, an estimated $64M.
Third Point first reported a position in Cheniere Energy in Q4 2013 and held it in 4 quarters.
Third Point's Cheniere Energy position peaked at $166M in Q1 2014.
387 funds tracked by Wall St. Rank held Cheniere Energy as of Q4 2014.

Based on Third Point's 13F filing for Q4 2014, filed 13 Feb 2015.