Third Point
Picture
Moves
Options: 3 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 | 13.85% | 22,000,000 | $1.2B | held | — | 4 q |
| ALLYAlly Financial Inc. | 11.64% | 41,915,000 | $970M | trimmed−8% | −1.87 pp | 2 q |
| unresolvedActavis PLC | 8.33% | 2,875,000 | $694M | added+15% | +1.41 pp | 3 q |
| BABAAlibaba Group Holding Limited | 7.68% | 7,200,000 | $640M | new | +7.68 pp | new |
| EBAYeBay Inc | 3.06% | 4,500,000 | $255M | new | +3.06 pp | new |
| DGDollar General Corp. | 2.93% | 4,000,000 | $244M | held | — | 6 q |
| BIDTribeca Strategic Acquisition Corp. Class A | 2.85% | 6,650,000 | $238M | held | — | 6 q |
| unresolvedSensata Technologies Hldng NV | 2.67% | 5,000,000 | $223M | added+67% | +0.93 pp | 3 q |
| BUDAnheuser-Busch INBEV SA/NV | 2.66% | 2,000,000 | $222M | added+14% | +0.16 pp | 3 q |
| LBTYKLiberty Global Ltd. Class C | 2.61% | 5,300,000 | $217M | held | — | 6 q |
| CFCF Industries Holding, Inc. | 2.55% | 760,000 | $212M | trimmed−16% | −0.15 pp | 3 q |
| APCAnadarko Petroleum Corp | 2.43% | 2,000,000 | $203M | added+5% | −0.15 pp | 6 q |
| BBYD20230930-DK-BUTTERFLY-1 Inc | 2.37% | 3,000,000 | $197M | new | +2.37 pp | new |
| MASMasco Corporation | 2.33% | 8,100,000 | $194M | trimmed−5% | −0.01 pp | 3 q |
| unresolvedShire PLC | 2.33% | 750,000 | $194M | new | +2.33 pp | new |
| ROPRoper Technologies, Inc. | 2.28% | 1,300,000 | $190M | held | — | 3 q |
| unresolvedCoca Cola Enterprises Inc Ne | 2.26% | 4,250,000 | $189M | added+27% | +0.27 pp | 6 q |
| AMGNAmgen Inc | 2.23% | 1,325,000 | $186M | added×2.9 | +1.57 pp | 2 q |
| STZConstellation Brands, Inc. | 2.20% | 2,100,000 | $183M | trimmed−5% | −0.21 pp | 6 q |
| PHParker-Hannifin Corporation | 1.76% | 1,288,300 | $147M | new | +1.76 pp | new |
| unresolvedAvago Technologies Ltd | 1.72% | 1,650,000 | $144M | trimmed−18% | −0.07 pp | 3 q |
| HRBH&R Block, Inc. | 1.66% | 4,448,000 | $138M | added+3% | −0.13 pp | 3 q |
| YPFYPF Sociedad Anonima | 1.66% | 3,750,000 | $139M | trimmed−40% | −0.87 pp | 3 q |
| EQTEqt Corp | 1.65% | 1,500,000 | $137M | added×4.5 | +1.21 pp | 5 q |
| IACIIac / Interactivecorp (De) Com Stk | 1.58% | 2,000,000 | $132M | held | — | 2 q |
| unresolvedEnergizer Hldgs Inc | 1.48% | 1,000,000 | $123M | new | +1.48 pp | new |
| FDXFedEx Corporation | 1.45% | 750,000 | $121M | trimmed−25% | −0.43 pp | 5 q |
| SUNEQSunedison Inc | 1.36% | 6,000,000 | $113M | new | +1.36 pp | new |
| AALAmerican Airlines Group Inc. | 1.17% | 2,750,000 | $98M | added+29% | +0.04 pp | 3 q |
| ENPHEnphase Energy, Inc. | 1.12% | 6,248,987 | $94M | trimmed−16% | +0.33 pp | 6 q |
| WMBWilliams Companies Inc. | 1.00% | 1,500,000 | $83M | trimmed−60% | −1.71 pp | 4 q |
| LNGCheniere Energy Inc | 0.77% | 800,000 | $64M | trimmed−64% | −1.23 pp | 4 q |
| CCKCrown Holdings Inc. | 0.75% | 1,400,000 | $62M | new | +0.75 pp | new |
| XONPrecigen, Inc. | 0.65% | 2,900,000 | $54M | held | — | 5 q |
| TAPMolson Coors Beverage Company Class B | 0.45% | 500,000 | $37M | new | +0.45 pp | new |
| FLTCorpay, Inc. | 0.26% | 150,000 | $21M | new | +0.26 pp | new |
| MCMoelis & Company | 0.14% | 341,044 | $11M | held | — | 2 q |
| unresolvedBiofuel Energy Corp | 0.08% | 1,043,126 | $7M | added0% | −0.01 pp | 6 q |
| unresolvedBiofuel Energy Corp | 0.04% | 1,043,126 | $3M | new | +0.04 pp | new |
| AIGAmerican International Group, Inc. | — | −6,000,000 | — | exited | −4.06 pp | — |
| TMUST-Mobile US, Inc. | — | −8,000,000 | — | exited | −3.34 pp | — |
| unresolvedRackspace Hosting Inc | — | −7,250,000 | — | exited | −3.03 pp | — |
| unresolvedHertz Global Holdings Inc | — | −5,750,000 | — | exited | −2.00 pp | — |
| CTXSCitrix Systems Inc | — | −2,000,000 | — | exited | −1.55 pp | — |
| FMCFMC Corporation | — | −1,550,000 | — | exited | −1.37 pp | — |
| unresolvedAshland Inc New | — | −1,000,000 | — | exited | −1.35 pp | — |
| FNSRFinisar Corp | — | −3,500,000 | — | exited | −0.86 pp | — |
| unresolvedWalgreen Co | — | −700,000 | — | exited | −0.64 pp | — |
| unresolvedMemorial Resource Dev Corp | — | −1,434,000 | — | exited | −0.43 pp | — |
| unresolvedJds Uniphase Corp | — | −2,500,000 | — | exited | −0.39 pp | — |
| OCOwens Corning | — | −473,000 | — | exited | −0.23 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| Dow Chemical Co CALL | 99.57% | 7,250,000 | $380M |
| EQT CALL | 0.43% | 18,000 | $2M |
Notes