13F filing recap · Q1 2017

What did Third Point LLC buy in Q1 2017?

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

Stock value

$10.15B

Positions

Estimated turnover

42.5%

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

TMUST-Mobile Us, Inc.$322.95Mreported value+5.00M shares CRMSalesforce, Inc.$247.47Mreported value+3.00M shares QCOMQualcomm Inc/de$200.69Mreported value+3.50M shares HPEHewlett Packard Enterprise Company$142.20Mreported value+6.00M shares CECelanese Corporation$112.31Mreported value+1.25M shares PXDPioneer Natural Resources Co$93.11Mreported value+500.0K shares AAAlcoa Corp$86.00Mreported value+2.50M shares RSPPRsp Permian Inc$82.86Mreported value+2.00M shares PEParsley Energy Inc$81.28Mreported value+2.50M shares SNAPSnap Inc.$50.69Mreported value+2.25M shares HKEURBattalion Oil Corporation$39.50Mreported value+5.17M shares ERFEnerplus Corp$25.76Mreported value+3.20M shares

Increased positions

GOOGLAlphabet Inc.$385.75Mreported value+30.0K shares+7.1%TWXTime Warner Inc$341.99Mreported value+500.0K shares+16.7%ELVElevance Health, Inc.$190.19Mreported value+150.0K shares+15.0%RICERice Energy Inc$118.50Mreported value+2.35M shares

Reduced positions

BAXBaxter International Inc$2.39Breported value-5.90M shares-11.4%DOWDow Inc.$997.58Mreported value-1.30M shares-7.6%METAMeta Platforms, Inc.$426.15Mreported value-500.0K shares-14.3%JPMJPMorgan Chase & Co$329.40Mreported value-1.50M shares

Exited positions

AAPLApple Inc.$214.27Mprior reported value-1.85M shares-100.0%TAPMolson Coors Beverage Co$165.43Mprior reported value-1.70M shares-100.0%PVTBPrivatebancorp Inc$162.57Mprior reported value-3.00M shares-100.0%CBChubb Limited$158.54Mprior reported value-1.20M shares