13F filing recap · Q4 2016

What did Third Point LLC buy in Q4 2016?

Reported stock-position changes between this filing and the previous one.

Stock value

$10.19B

Positions

Estimated turnover

58.5%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

JPMJPMorgan Chase & Co$453.02Mreported value+5.25M shares BACBank of America Corp$386.75Mreported value+17.50M shares TWXTime Warner Inc$289.59Mreported value+3.00M shares ZAYOZayo Group Holdings, Inc.$230.02Mreported value+7.00M shares PVTBPrivatebancorp Inc$162.57Mreported value+3.00M shares HONHoneywell International Inc$159.29Mreported value+1.38M shares ELVElevance Health, Inc.$143.77Mreported value+1.00M shares GSThe Goldman Sachs Group, Inc.$95.78Mreported value+400.0K shares HDSHd Supply Holdings Inc$95.65Mreported value+2.25M shares RICERice Energy Inc$56.58Mreported value+2.65M shares SWNSouthwestern Energy Co$54.10Mreported value+5.00M shares AVGOBroadcom Inc.$53.03Mreported value+300.0K shares

Increased positions

HUMHumana Inc$489.67Mreported value+1.00M shares+71.4%STZConstellation Brands, Inc.$459.93Mreported value+800.0K shares+36.4%SHWThe Sherwin-Williams Company$268.74Mreported value+125.0K shares+14.3%MHKMohawk Industries, Inc.$239.62Mreported value+300.0K shares

Reduced positions

DOWDow Inc.$972.74Mreported value-3.00M shares-15.0%METAMeta Platforms, Inc.$402.68Mreported value-1.95M shares-35.8%GOOGLAlphabet Inc.$336.79Mreported value-125.0K shares-22.7%DHRDanaher Corporation$252.98Mreported value-1.25M shares

Exited positions

AGNAllergan Plc$871.72Mprior reported value-3.79M shares-100.0%BABAAlibaba Group Holding Limited$275.05Mprior reported value-2.60M shares-100.0%BUDAnheuser-Busch Inbev Sa/nv$210.26Mprior reported value-1.60M shares-100.0%STJSt. Jude Medical Inc$207.38Mprior reported value-2.60M shares