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
- held
- added+7.45
- trimmed+1.69
- trimmed+0.29
Positions
| BAXBaxter International Inc. | 20.85% | 53,850,000 | $2.1B | held | — | 3 q |
| ACTAllergan PLC | 17.12% | 5,400,000 | $1.7B | added+47% | +7.45 pp | 3 q |
| AMGNAmgen Inc | 14.90% | 9,042,900 | $1.5B | trimmed−8% | +1.69 pp | 7 q |
| unresolvedDow Chemical Co | 13.19% | 25,250,000 | $1.3B | added+7% | +3.53 pp | 9 q |
| MHKMohawk Industries, Inc. | 4.08% | 2,125,000 | $402M | trimmed−1% | +0.29 pp | 5 q |
| ROPRoper Technologies, Inc. | 2.79% | 1,450,000 | $275M | trimmed−9% | +0.36 pp | 8 q |
| unresolvedTime Warner Cable Inc | 2.64% | 1,400,000 | $260M | added+8% | +0.38 pp | 2 q |
| SEESealed Air Corp New | 2.38% | 5,250,000 | $234M | held | — | 3 q |
| STZConstellation Brands, Inc. | 2.31% | 1,600,000 | $228M | trimmed−9% | +0.19 pp | 11 q |
| unresolvedAvago Technologies Ltd | 2.21% | 1,500,000 | $218M | trimmed−9% | +0.21 pp | 2 q |
| DHRDanaher Corporation | 2.12% | 2,250,000 | $209M | held | — | 2 q |
| SJMThe J.M. Smucker Company | 2.07% | 1,650,000 | $204M | added+27% | +0.63 pp | 4 q |
| LBTYKLiberty Global Ltd. Class C | 2.07% | 5,000,000 | $204M | held | — | 11 q |
| TAPMolson Coors Beverage Company Class B | 1.91% | 2,000,000 | $188M | trimmed−7% | +0.18 pp | 3 q |
| BUDAnheuser-Busch INBEV SA/NV | 1.78% | 1,400,000 | $175M | held | — | 8 q |
| unresolvedAce Ltd | 1.78% | 1,500,000 | $175M | new | +1.78 pp | new |
| BIDTribeca Strategic Acquisition Corp. Class A | 1.74% | 6,650,000 | $171M | held | — | 11 q |
| EBAYeBay Inc | 1.12% | 4,000,000 | $110M | trimmed−56% | −1.01 pp | 6 q |
| MSMorgan Stanley | 0.97% | 3,000,000 | $95M | new | +0.97 pp | new |
| AXTAAxalta Coating Systems Ltd. | 0.65% | 2,400,000 | $64M | new | +0.65 pp | new |
| GRBKGreen Brick Partners, Inc | 0.59% | 8,083,022 | $58M | held | — | 5 q |
| unresolvedApigee Corp | 0.26% | 3,166,551 | $25M | held | — | 3 q |
| ENPHEnphase Energy, Inc. | 0.22% | 6,248,987 | $22M | held | — | 11 q |
| unresolvedWilliams Clayton Energy Inc | 0.12% | 400,000 | $12M | trimmed−54% | −0.21 pp | 4 q |
| KHCThe Kraft Heinz Company | 0.06% | 82,000 | $6M | trimmed−99% | −5.59 pp | 2 q |
| YUMYum! Brands, Inc. | 0.06% | 75,300 | $6M | trimmed−99% | −8.93 pp | 4 q |
| unresolvedCitigroup Inc | 0.04% | 20,000,000 | $4M | held | — | 5 q |
| TMUST-Mobile US, Inc. | — | −6,500,000 | — | exited | −2.51 pp | — |
| NXPINXP Semiconductors N.V. | — | −1,950,000 | — | exited | −1.65 pp | — |
| IACIIac / Interactivecorp (De) Com Stk | — | −2,500,000 | — | exited | −1.58 pp | — |
| XONPrecigen, Inc. | — | −1,500,000 | — | exited | −0.46 pp | — |
Other 13(f) securities
Options
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| Cobalt Intl Energy Inc | 100.00% | 8,750,000 | $5M |