Third Point’s Constellation Brands STZ Stock Holding History

Third Point’s Portfolio STZ Stock Details STZ Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q2	–	Sell	-1,050,000	Closed	-$184M	–	46
2019 Q1	$184M	Sell	1,050,000 -700,000	-40%	-$118M	2.05%	16
2018 Q4	$281M	Sell	1,750,000 -650,000	-27%	-$129M	4.32%	7
2018 Q3	$517M	Buy	2,400,000 +400,000	+20%	+$85M	3.62%	9
2018 Q2	$438M	Sell	2,000,000 -300,000	-13%	-$67.8M	3.05%	9
2018 Q1	$524M	Sell	2,300,000 -200,000	-8%	-$44M	3.94%	10
2017 Q4	$571M	Hold	2,500,000	–	–	4.12%	7
2017 Q3	$499M	Hold	2,500,000	–	–	4.19%	6
2017 Q2	$484M	Sell	2,500,000 -500,000	-17%	-$89M	4.29%	7
2017 Q1	$486M	Hold	3,000,000	–	–	4.74%	3
2016 Q4	$460M	Buy	3,000,000 +800,000	+36%	+$127M	4.51%	4
2016 Q3	$366M	Buy	2,200,000 +200,000	+10%	+$33M	3.18%	7
2016 Q2	$331M	Buy	2,000,000 +235,000	+13%	+$36.8M	3.15%	7
2016 Q1	$267M	Buy	1,765,000 +165,000	+10%	+$23.8M	2.46%	10
2015 Q4	$228M	Sell	1,600,000 -150,000	-9%	-$20.7M	2.31%	9
2015 Q3	$219M	Sell	1,750,000 -150,000	-8%	-$18.5M	2.07%	13
2015 Q2	$220M	Sell	1,900,000 -100,000	-5%	-$11.8M	2.06%	17
2015 Q1	$232M	Hold	2,000,000	–	–	2.15%	18
2014 Q4	$196M	Sell	2,000,000 -100,000	-5%	-$9.16M	1.77%	19
2014 Q3	$183M	Sell	2,100,000 -100,000	-5%	-$8.7M	2.1%	20
2014 Q2	$194M	Buy	2,200,000 +250,000	+13%	+$20.6M	2.38%	15
2014 Q1	$166M	Sell	1,950,000 -50,000	-3%	-$3.98M	2.43%	15
2013 Q4	$141M	Sell	2,000,000 -750,000	-27%	-$50.1M	2.43%	15
2013 Q3	$158M	Buy	2,750,000 +1,250,000	+83%	+$68M	3.86%	8
2013 Q2	$78.2M	Buy	+1,500,000	New	+$75.6M	1.77%	19

Other funds holding STZ

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

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

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

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

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

KCM

Kensico Capital Management Greenwich, Connecticut $4.9B AUM 41.26% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Harris Associates Chicago, Illinois $75B AUM 11.27% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Third Point's STZ Position: Q2 2019 in Review

Third Point sold out of Constellation Brands (STZ) in Q2 2019, closing a stake of 1,050,000 shares — an estimated $184M sold.

Third Point first reported a position in STZ in Q2 2013 and held it in 24 quarters. The position peaked at $571M in Q4 2017. 1,019 funds tracked by Wall St. Rank hold STZ as of Q2 2019.

Third Point reported no remaining Constellation Brands position as of Q2 2019 after selling out during the quarter.
Third Point sold 1,050,000 Constellation Brands shares in Q2 2019, an estimated $184M.
Third Point first reported a position in Constellation Brands in Q2 2013 and held it in 24 quarters.
Third Point's Constellation Brands position peaked at $571M in Q4 2017.
1,019 funds tracked by Wall St. Rank held Constellation Brands as of Q2 2019.

Based on Third Point's 13F filing for Q2 2019, filed 13 Aug 2019.