13F filing recap · Q4 2018

What did Third Point LLC buy in Q4 2018?

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

Stock value

$6.51B

Positions

Estimated turnover

56.1%

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

CIThe Cigna Group$109.20Mreported value+575.0K shares

Increased positions

CPBThe Campbell'S Company$692.79Mreported value+3.00M shares+16.7%SHPGShire Plc$299.25Mreported value+119.4K shares+7.5%IQVIqvia Holdings Inc.$189.36Mreported value+130.0K shares+8.7%CRMSalesforce, Inc.$160.94Mreported value+675.0K shares

Reduced positions

BAXBaxter International Inc$1.84Breported value-8.00M shares-22.2%DWDPDowdupont Inc$516.36Mreported value-2.49M shares-20.5%PYPLPayPal Holdings, Inc.$338.46Mreported value-5.03M shares-55.5%DHRDanaher Corporation$320.70Mreported value-140.0K shares

Exited positions

UTXRtx Corporation$1.17Bprior reported value-8.40M shares-100.0%BABAAlibaba Group Holding Limited$666.45Mprior reported value-4.04M shares-100.0%MSFTMicrosoft Corporation$468.92Mprior reported value-4.10M shares-100.0%NFLXNetflix, Inc.$467.66Mprior reported value-1.25M shares