Thomas Steyer Farallon Capital Management
Thomas Steyer founded Farallon Capital Management, a pioneering multi-strategy firm spanning credit, equities, real estate, and event-driven investing. Farallon became known for rigorous research and opportunistic capital allocation across cycles. Although Steyer later focused on public advocacy, the Farallon name remains important in hedge fund history and ongoing 13F tracking.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AABA
Altaba Inc
AABA
|
+$676M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$435M |
| 3 |
MBLY
Mobileye N.V.
MBLY
|
+$254M |
| 4 |
NXP Semiconductors
NXPI
|
+$163M |
| 5 |
Huntsman Corp
HUN
|
+$134M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$463M |
| 2 |
BEAV
B/E Aerospace Inc
BEAV
|
+$322M |
| 3 |
MJN
Mead Johnson Nutrition Company
MJN
|
+$319M |
| 4 |
WWAV
The WhiteWave Foods Company
WWAV
|
+$205M |
| 5 |
Eli Lilly
LLY
|
+$134M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.12% |
| 2 | Communication Services | 21.97% |
| 3 | Healthcare | 21.74% |
| 4 | Industrials | 5.76% |
| 5 | Consumer Discretionary | 4.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $824M | 8.56% |
3,407,500
-612,500
| -15% | -$147M |
|
|
2
NXP Semiconductors
NXPI
$56.9B
| $703M | 7.3% |
6,425,000
+1,520,000
| +31% | +$163M |
|
|
TWX
3
DELISTED
Time Warner Inc
TWX
| $701M | 7.28% |
6,980,000
+1,325,000
| +23% | +$131M |
|
|
AABA
4
DELISTED
Altaba Inc
AABA
| $677M | 7.03% |
+12,427,457
| New | +$676M |
|
|
BCR
5
DELISTED
CR Bard Inc.
BCR
| $463M | 4.81% |
+1,465,000
| New | +$435M |
|
|
MBLY
6
DELISTED
Mobileye N.V.
MBLY
| $371M | 3.85% |
5,907,500
+4,097,500
| +226% | +$254M |
|
|
PLYA
7
DELISTED
Playa Hotels & Resorts
PLYA
| $366M | 3.8% |
30,606,930
+438,250
| +1% | +$4.62M |
|
8
IQVIA
IQV
$42.8B
| $349M | 3.62% |
3,895,383
-388,125
| -9% | -$32.8M |
|
9
Meta Platforms (Facebook)
META
$1.4T
| $348M | 3.62% |
2,308,214
-274,829
| -11% | -$40.9M |
|
10
Wabtec
WAB
$50.3B
| $294M | 3.05% |
3,212,507
+55,743
| +2% | +$4.65M |
|
11
Alphabet (Google) Class C
GOOG
$4.18T
| $279M | 2.9% |
6,143,200
-1,400,080
| -19% | -$64.1M |
|
12
Visa
V
$693B
| $265M | 2.75% |
2,824,505
-102,723
| -4% | -$9.53M |
|
13
Dell
DELL
$286B
| $236M | 2.45% |
13,777,046
+552,302
| +4% | +$10.1M |
|
|
ALR
14
DELISTED
Alere Inc
ALR
| $218M | 2.27% |
4,350,000
+1,619,500
| +59% | +$78M |
|
|
HDS
15
DELISTED
HD Supply Holdings, Inc.
HDS
| $188M | 1.96% |
6,150,156
+850,562
| +16% | +$32.2M |
|
16
Microsoft
MSFT
$3.59T
| $170M | 1.77% |
2,471,640
-268,206
| -10% | -$18.4M |
|
|
RDUS
17
DELISTED
Radius Health, Inc.
RDUS
| $167M | 1.73% |
3,686,300
+569,300
| +18% | +$21.8M |
|
18
Herbalife
HLF
$1.33B
| $150M | 1.56% |
4,198,406
| – | – |
|
19
SBA Communications
SBAC
$19.4B
| $143M | 1.49% |
1,060,969
-226,494
| -18% | -$29.4M |
|
|
20
Huntsman Corp
HUN
$1.75B
| $140M | 1.45% |
+5,420,000
| New | +$134M |
|
21
Constellation Brands
STZ
$23.2B
| $136M | 1.41% |
+700,771
| New | +$125M |
|
22
Liberty Global Class C
LBTYK
$3.55B
| $136M | 1.41% |
4,352,936
+1,103,814
| +34% | +$34.5M |
|
23
Liberty Global Class A
LBTYA
$3.63B
| $136M | 1.41% |
4,220,104
+1,072,519
| +34% | +$34.3M |
|
24
Comcast
CMCSA
$95.3B
| $130M | 1.35% |
3,349,186
-1,421,139
| -30% | -$56M |
|
25
Fidelity National Information Services
FIS
$21.3B
| $128M | 1.33% |
1,501,559
-50,780
| -3% | -$4.25M |
|
Similar funds
Thomas Steyer's Q2 2017 Portfolio in Review
As of Q2 2017, Thomas Steyer held 102 positions worth $9.63B, up 5.6% from $9.11B the previous quarter. Its ten largest holdings account for 53% of the portfolio.
Thomas Steyer's Q2 2017 filing shows 30 new, 20 increased, 19 reduced and 21 closed positions. Its largest new stake was Altaba Inc: 12,427,457 shares worth $677M. The largest sale was Yahoo Inc, an estimated $463M.
By sector, the portfolio is most concentrated in Technology at 25% of assets, up from 15% a quarter earlier, followed by Communication Services and Healthcare.
- Thomas Steyer's largest Q2 2017 buy was Altaba Inc: 12,427,457 shares worth $677M.
- Thomas Steyer added most to Mobileye N.V. in Q2 2017, an estimated $254M increase.
- Thomas Steyer's biggest Q2 2017 reduction was Allergan plc, cutting an estimated $98.7M.
- Thomas Steyer fully exited Yahoo Inc in Q2 2017, selling an estimated $463M.
- Thomas Steyer's ten largest holdings make up 53% of its $9.63B portfolio in Q2 2017.
- Thomas Steyer opened 30 new positions and closed 21 in Q2 2017.
- Thomas Steyer's portfolio value rose 5.6% quarter-over-quarter to $9.63B.
Based on Farallon Capital Management's 13F filing for Q2 2017, filed 14 Aug 2017.