Third Point (Daniel Loeb) discloses updated portfolio positions in 13F filing: Affirms new AXP stake, Sold NXPI / FB holdings
Highlights from 2018 Q3 filing as compared to 2018 Q2 filing:
- New positions in: AXP (~5 mln shares), MRK (~4.5 mln), WPX (~3.14 mln), SHPG (~1.6 mln), IQV (~1.5 mln), FANG (~0.5 mln), ARCE (~0.25 mln)
- Increased positions in: CPB (to ~18 mln shares from ~5.55 mln shares), MSFT (to ~4.1 mln from ~2.25 mln), UTX (to ~8.4 mln from ~7.6 mln), STZ (to ~2.4 mln from ~2 mln), MPC (to ~3.5 mln from ~3.1 mln) DE (to ~1.35 mln from ~1.1 mln), ADBE (to ~0.9 mln from ~0.7 mln)
- Maintained positions in: BAX (~36 mln shares), FPAC (~15.69 mln) BABA (~4.05 mln shares)
- Closed positions in: NXPI (from ~10.75 mln shares), FB (from ~3 mln), CWH (from ~2.83 mln), VMC (from ~2.75 mln), DVMT (from ~2 mln), EA (from ~1.65 mln), WYNN (from ~1.53 mln), EGN (from ~1.35 mln), BLK (from ~0.65 mln), PVH (from ~0.63 mln)
- Decreased positions in: DWDP (to ~12.15 mln shares from ~14.3 mln shares), LEN (to ~5.17 mln from ~6 mln), NFLX (to ~1.25 mln from ~2 mln), SPGI (to ~0.98 mln from ~1.3 mln), PYPL (to ~9.05 mln from ~10 mln)