Third Point Portfolio holdings
Third Point is a hedge fund firm founded in 1995 by Daniel Loeb, who is its principal owner and chief executive. Its main strategy is event-driven investing across many industries, regions and asset classes, and its funds also buy stressed and distressed securities. In 2013 Loeb called for the resignation of William Ruprecht, the chairman and chief executive of Sotheby's, who announced his resignation in 2014. Third Point Ventures is the venture capital arm of Third Point, and the firm has also bought Birch Grove, a credit asset manager. Its investors include corporate and public pension funds, sovereign wealth funds, endowments, foundations and high net worth individuals.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$1.57B |
| 2 |
American International
AIG
|
+$429M |
| 3 |
Liberty Global Class A
LBTYA
|
+$222M |
| 4 |
International Paper
IP
|
+$208M |
| 5 |
Thermo Fisher Scientific
TMO
|
+$208M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 42.66% |
| 2 | Communication Services | 10.65% |
| 3 | Financials | 10.13% |
| 4 | Healthcare | 7.52% |
| 5 | Consumer Discretionary | 7.32% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
ELN
26
CALL
DELISTED
ELAN CORP ADS(RP1 ORD4IRISH PN
ELN
| $1.92M | 0.04% |
+3,500,000
| New | +$43.3M |
2013 Q2
0 quarters
|
|
27
CALL
Marathon Petroleum
MPC
$113B
| $1.2M | 0.03% |
+2,000,000
| New | +$79.9M |
2013 Q2
0 quarters
|
|
28
CALL
Constellation Brands
STZ
$24.6B
| $421K | 0.01% |
+94,500
| New | +$4.76M |
2013 Q2
0 quarters
|
|
29
CALL
iShares MSCI Emerging Markets ETF
EEM
$28.2B
| $320K | 0.01% |
+4,000,000
| New | +$166M |
2013 Q2
0 quarters
|
|
30
CALL
Gilead Sciences
GILD
$208B
| $257K | 0.01% |
+128,000
| New | +$6.67M |
2013 Q2
0 quarters
|
|
31
CALL
Cheniere Energy
LNG
$63B
| $131K | ﹤0.01% |
+96,000
| New | +$2.7M |
2013 Q2
0 quarters
|
|
32
CALL
Walt Disney
DIS
$205B
| $53K | ﹤0.01% |
+32,000
| New | +$2.02M |
2013 Q2
0 quarters
|
|
33
CALL
DELISTED
Anadarko Petroleum
APC
| $12K | ﹤0.01% |
+32,000
| New | +$2.75M |
2013 Q2
0 quarters
|
|
Similar funds
Third Point's Q2 2013 Portfolio in Review
Q2 2013 is the first quarter with a 13F filing on record for Third Point, which disclosed 33 positions worth $4.41B. Its ten largest holdings account for 74% of the portfolio.
Its largest position is Yahoo Inc: 62,000,000 shares worth $1.56B.
By sector, the portfolio is most concentrated in Energy at 43% of assets, followed by Communication Services and Financials.
- Third Point's largest Q2 2013 buy was Yahoo Inc: 62,000,000 shares worth $1.56B.
- Third Point's ten largest holdings make up 74% of its $4.41B portfolio in Q2 2013.
- Third Point disclosed 33 positions in Q2 2013, its first 13F filing on record.
Based on Third Point's 13F filing for Q2 2013, filed 14 Aug 2013.