Third Point
Picture
Moves
Options: 4 moves on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
Positions
| unresolvedDow Chemical Co | 14.05% | 22,000,000 | $1.1B | added×3.0 | +8.53 pp | 3 q |
| ALLYAlly Financial Inc. | 13.51% | 45,595,000 | $1.1B | new | +13.51 pp | new |
| unresolvedActavis PLC | 6.92% | 2,500,000 | $558M | held | — | 2 q |
| AIGAmerican International Group, Inc. | 4.06% | 6,000,000 | $327M | held | — | 5 q |
| BIDTribeca Strategic Acquisition Corp. Class A | 3.46% | 6,650,000 | $279M | held | — | 5 q |
| TMUST-Mobile US, Inc. | 3.34% | 8,000,000 | $269M | trimmed−16% | −1.59 pp | 3 q |
| unresolvedRackspace Hosting Inc | 3.03% | 7,250,000 | $244M | new | +3.03 pp | new |
| DGDollar General Corp. | 2.85% | 4,000,000 | $229M | added+33% | +0.23 pp | 5 q |
| LBTYKLiberty Global Ltd. Class C | 2.78% | 5,300,000 | $224M | trimmed−2% | −0.68 pp | 5 q |
| WMBWilliams Companies Inc. | 2.71% | 3,750,000 | $218M | trimmed−25% | −0.48 pp | 3 q |
| CFCF Industries Holding, Inc. | 2.70% | 905,000 | $218M | trimmed−6% | −1.26 pp | 2 q |
| APCAnadarko Petroleum Corp | 2.58% | 1,900,000 | $208M | added+12% | +0.31 pp | 5 q |
| YPFYPF Sociedad Anonima | 2.53% | 6,250,000 | $204M | added×2.4 | +1.23 pp | 2 q |
| BUDAnheuser-Busch INBEV SA/NV | 2.50% | 1,750,000 | $201M | added+30% | +0.26 pp | 2 q |
| STZConstellation Brands, Inc. | 2.41% | 2,200,000 | $194M | added+13% | −0.20 pp | 5 q |
| ROPRoper Technologies, Inc. | 2.36% | 1,300,000 | $190M | added+13% | −0.05 pp | 2 q |
| MASMasco Corporation | 2.34% | 8,500,000 | $189M | added+79% | +0.68 pp | 2 q |
| LNGCheniere Energy Inc | 2.00% | 2,250,000 | $161M | trimmed−25% | −0.61 pp | 3 q |
| unresolvedHertz Global Holdings Inc | 2.00% | 5,750,000 | $161M | trimmed−4% | −0.51 pp | 3 q |
| unresolvedCoca Cola Enterprises Inc Ne | 1.99% | 3,350,000 | $160M | added+16% | −0.19 pp | 5 q |
| FDXFedEx Corporation | 1.88% | 1,000,000 | $151M | trimmed−50% | −2.29 pp | 4 q |
| HRBH&R Block, Inc. | 1.79% | 4,300,000 | $144M | added+23% | +0.13 pp | 2 q |
| unresolvedAvago Technologies Ltd | 1.79% | 2,000,000 | $144M | held | — | 2 q |
| unresolvedSensata Technologies Hldng NV | 1.74% | 3,000,000 | $140M | added+62% | +0.50 pp | 2 q |
| IACIIac / Interactivecorp (De) Com Stk | 1.72% | 2,000,000 | $138M | new | +1.72 pp | new |
| CTXSCitrix Systems Inc | 1.55% | 2,000,000 | $125M | trimmed−22% | −0.75 pp | 2 q |
| FMCFMC Corporation | 1.37% | 1,550,000 | $110M | new | +1.37 pp | new |
| unresolvedAshland Inc New | 1.35% | 1,000,000 | $109M | added+33% | +0.18 pp | 2 q |
| AALAmerican Airlines Group Inc. | 1.13% | 2,125,000 | $91M | trimmed−21% | −0.42 pp | 2 q |
| XONPrecigen, Inc. | 0.90% | 2,900,000 | $73M | trimmed−3% | −0.34 pp | 4 q |
| FNSRFinisar Corp | 0.86% | 3,500,000 | $69M | new | +0.86 pp | new |
| ENPHEnphase Energy, Inc. | 0.79% | 7,448,987 | $64M | held | — | 5 q |
| AMGNAmgen Inc | 0.66% | 450,000 | $53M | new | +0.66 pp | new |
| unresolvedWalgreen Co | 0.64% | 700,000 | $52M | new | +0.64 pp | new |
| EQTEqt Corp | 0.44% | 330,000 | $35M | trimmed−63% | −0.93 pp | 4 q |
| unresolvedMemorial Resource Dev Corp | 0.43% | 1,434,000 | $35M | new | +0.43 pp | new |
| unresolvedJds Uniphase Corp | 0.39% | 2,500,000 | $31M | new | +0.39 pp | new |
| OCOwens Corning | 0.23% | 473,000 | $18M | new | +0.23 pp | new |
| MCMoelis & Company | 0.13% | 341,044 | $11M | new | +0.13 pp | new |
| unresolvedBiofuel Energy Corp | 0.09% | 1,043,123 | $7M | held | — | 5 q |
| unresolvedGoogle Inc. | — | −210,000 | — | exited | −3.68 pp | — |
| VZVerizon Communications | — | −3,500,000 | — | exited | −2.62 pp | — |
| CTRACoterra Energy Inc. | — | −4,500,000 | — | exited | −2.40 pp | — |
| IPInternational Paper Co. | — | −3,000,000 | — | exited | −2.16 pp | — |
| CCKCrown Holdings Inc. | — | −3,000,000 | — | exited | −2.11 pp | — |
| CCitigroup Inc. | — | −2,000,000 | — | exited | −1.50 pp | — |
| SIGSignet Jewelers Limited | — | −800,000 | — | exited | −1.33 pp | — |
| VYXNCR Voyix Corporation | — | −1,500,000 | — | exited | −0.86 pp | — |
| BIDUBaidu, Inc. | — | −350,000 | — | exited | −0.84 pp | — |
| MDLZMondelez International, Inc. Class A | — | −1,500,000 | — | exited | −0.82 pp | — |
| unresolvedTime Warner Cable Inc | — | −380,000 | — | exited | −0.82 pp | — |
| TSUTIM Participacoes S.A. | — | −1,600,000 | — | exited | −0.65 pp | — |
| OCNOnity Group Inc. | — | −1,000,000 | — | exited | −0.62 pp | — |
| NOKNokia Corporation | — | −4,500,000 | — | exited | −0.52 pp | — |
| unresolvedValeant Pharmaceuticals Intl | — | −250,000 | — | exited | −0.52 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| AZNN CALL | 100.00% | 1,000,000 | $74M |
Notes