13F filing recap · Q3 2018

What did Third Point LLC buy in Q3 2018?

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

Stock value

$14.31B

Positions

Estimated turnover

46.9%

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

AXPAmerican Express Co$532.45Mreported value+5.00M shares MRKMerck & Co., Inc.$319.23Mreported value+4.50M shares SHPGShire Plc$290.03Mreported value+1.60M shares IQVIqvia Holdings Inc.$194.61Mreported value+1.50M shares FANGDiamondback Energy, Inc.$67.59Mreported value+500.0K shares WPXWpx Energy, Inc.$63.09Mreported value+3.14M shares ARCEArco Platform Ltd$5.70Mreported value+250.0K shares

Increased positions

UTXRtx Corporation$1.17Breported value+800.0K shares+10.5%BABAAlibaba Group Holding Limited$666.45Mreported value+45.0K shares+1.1%CPBThe Campbell'S Company$659.34Mreported value+12.45M shares+224.3%STZConstellation Brands, Inc.$517.49Mreported value+400.0K shares

Reduced positions

PYPLPayPal Holdings, Inc.$794.95Mreported value-950.0K shares-9.5%DWDPDowdupont Inc$781.37Mreported value-2.15M shares-15.0%NFLXNetflix, Inc.$467.66Mreported value-750.0K shares-37.5%LENLennar Corp /new/$241.39Mreported value-830.0K shares

Exited positions

NXPINxp Semiconductors N.v.$1.17Bprior reported value-10.75M shares-100.0%METAMeta Platforms, Inc.$582.96Mprior reported value-3.00M shares-100.0%VMCVulcan Materials Company$354.92Mprior reported value-2.75M shares-100.0%BLKBlackrock, Inc.$324.38Mprior reported value-650.0K shares