Third Point LLC

NEW YORK, NY · CIK 0001040273

Portfolio Value: $6.81B

Positions: 45

Period: 2014-03-31

Filed: 2014-05-15

Portfolio Value

$6.81B

Positions

New

Increased

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Third Point LLC Q1 2014 13F Filing Summary

Third Point LLC (NEW YORK, NY) reported a portfolio value of $6.81B across 45 positions in their Q1 2014 SEC 13F filing (period ending 2014-03-31). Top holdings include ACTAVIS PLC ($514.63M), DOW ($351.06M), AIG ($350.07M). The top 10 positions account for 45.6% of the portfolio. This quarter saw 20 new positions, 9 increases, 11 reductions, 28 complete exits. Notable new buys: XLI ($261.65M), VZ ($166.50M), ROP ($153.54M). Notable exits: BB, YAHOY, ATVIEUR.

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	ACTAVIS PLC SHS	G0083B108	$514.63M	2,500,000	7.56%	+16566.7%
2	DOWDOW CHEM CO COM	260543103	$351.06M	7,225,000	5.16%	-6.8%
3	AIGAMERICAN INTL GROUP INC COM NEW	26874784	$350.07M	7,000,000	5.14%	-44.0%
4	TMUST-MOBILE US INC COM	872590104	$313.79M	9,500,000	4.61%	+24.6%
5	THCHSOTHEBYS COM	835898107	$289.61M	6,650,000	4.25%	+4.7%
6	IPINTL PAPER CO COM	460146103	$275.28M	6,000,000	4.04%	-14.3%
7	FDXFEDEX CORP COM	31428X106	$265.12M	2,000,000	3.89%	-20.0%
8	XLISELECT SECTOR SPDR TR SBI INT-INDS	81369Y704	$261.65M	5,000,000	3.84%	New
9	CFCF INDS HLDGS INC COM	125269100	$251.91M	966,500	3.70%	+0.0%
10	GOOGLE INC CL A	38259P508	$234.05M	210,000	3.44%	+31.3%
11	LBTYALIBERTY GLOBAL PLC SHS CL C	G5480U120	$219.83M	5,400,000	3.23%	+500.0%
12	WMBWILLIAMS COS INC DEL COM	969457100	$202.90M	5,000,000	2.98%	+17.6%
13	VZVERIZON COMMUNICATIONS INC COM	92343V104	$166.50M	3,500,000	2.45%	New
14	DGDOLLAR GEN CORP NEW COM	256677105	$166.44M	3,000,000	2.44%	-29.4%
15	LNGCHENIERE ENERGY INC COM NEW	16411R208	$166.05M	3,000,000	2.44%	-6.3%
16	STZCONSTELLATION BRANDS INC CL A	21036P108	$165.69M	1,950,000	2.43%	-2.5%
17	HTZHERTZ GLOBAL HOLDINGS INC COM	42805T105	$159.84M	6,000,000	2.35%	-
18	ROPROPER INDS INC NEW COM	776696106	$153.54M	1,150,000	2.26%	New
19	CBTCABOT OIL & GAS CORP COM	127097103	$152.46M	4,500,000	2.24%	+50.0%
20	CTXSEURCITRIX SYS INC COM	177376100	$146.47M	2,550,000	2.15%	New
21	APCANADARKO PETE CORP COM	32511107	$144.09M	1,700,000	2.12%	-19.2%
22	BUDANHEUSER BUSCH INBEV SA/NV SPONSORED ADR	03524A108	$142.16M	1,350,000	2.09%	New
23	KOCOCA COLA ENTERPRISES INC NE COM	19122T109	$138.50M	2,900,000	2.03%	-6.5%
24	CCKCROWN HOLDINGS INC COM	228368106	$134.22M	3,000,000	1.97%	-
25	AVAGO TECHNOLOGIES LTD SHS	Y0486S104	$128.82M	2,000,000	1.89%	New
26	XYZBLOCK H & R INC COM	93671105	$105.67M	3,500,000	1.55%	New
27	MASMASCO CORP COM	574599106	$105.50M	4,750,000	1.55%	New
28	AIGAMERICAN AIRLS GROUP INC COM	02376R102	$98.82M	2,700,001	1.45%	New
29	CCITIGROUP INC COM NEW	172967424	$95.20M	2,000,000	1.40%	New
30	EQTEQT CORP COM	26884L109	$87.27M	900,000	1.28%	-14.3%
31	SIGSIGNET JEWELERS LIMITED SHS	G81276100	$84.69M	800,000	1.24%	New
32	YPFYPF SOCIEDAD ANONIMA SPON ADR CL D	984245100	$82.57M	2,650,000	1.21%	New
33	IESCSENSATA TECHNOLOGIES HLDG BV SHS	N7902X106	$78.88M	1,850,000	1.16%	New
34	TREXINTREXON CORP COM	46122T102	$78.87M	3,000,000	1.16%	+18.1%
35	ASHASHLAND INC NEW COM	44209104	$74.61M	750,000	1.10%	New
36	ENPHENPHASE ENERGY INC COM	29355A107	$54.83M	7,448,987	0.81%	-
37	NCR CORP NEW COM	6.2886e+112	$54.83M	1,500,000	0.81%	New
38	BIDUBAIDU INC SPON ADR REP A	56752108	$53.29M	350,000	0.78%	-41.7%
39	ABQQTIME WARNER CABLE INC COM	88732J207	$52.13M	380,000	0.77%	New
40	MDLZMONDELEZ INTL INC CL A	609207105	$51.83M	1,500,000	0.76%	New
41	PARTIM PARTICIPACOES S A SPONSORED ADR	88706P205	$41.54M	1,600,000	0.61%	New
42	OCN2EUROCWEN FINL CORP COM NEW	675746309	$39.18M	1,000,000	0.58%	New
43	NOKNOKIA CORP SPONSORED ADR	654902204	$33.03M	4,500,000	0.49%	-
44	VALEANT PHARMACEUTICALS INTL COM	91911K102	$32.96M	250,000	0.48%	New
45	FTEKBIOFUEL ENERGY CORP COM NEW	09064Y307	$7.62M	1,043,123	0.11%	-

Position Changes

Stock	Value	Shares
XLISELECT SECTOR SPDR TR	$261.65M	5,000,000
VZVERIZON COMMUNICATIONS INC	$166.50M	3,500,000
ROPROPER INDS INC NEW	$153.54M	1,150,000
CTXSEURCITRIX SYS INC	$146.47M	2,550,000
BUDANHEUSER BUSCH INBEV SA/NV	$142.16M	1,350,000
AVAGO TECHNOLOGIES LTD	$128.82M	2,000,000
XYZBLOCK H & R INC	$105.67M	3,500,000
MASMASCO CORP	$105.50M	4,750,000
AIGAMERICAN AIRLS GROUP INC	$98.82M	2,700,001
CCITIGROUP INC	$95.20M	2,000,000
SIGSIGNET JEWELERS LIMITED	$84.69M	800,000
YPFYPF SOCIEDAD ANONIMA	$82.57M	2,650,000
IESCSENSATA TECHNOLOGIES HLDG BV	$78.88M	1,850,000
ASHASHLAND INC NEW	$74.61M	750,000
NCR CORP NEW	$54.83M	1,500,000
ABQQTIME WARNER CABLE INC	$52.13M	380,000
MDLZMONDELEZ INTL INC	$51.83M	1,500,000
PARTIM PARTICIPACOES S A	$41.54M	1,600,000
OCN2EUROCWEN FINL CORP	$39.18M	1,000,000
VALEANT PHARMACEUTICALS INTL	$32.96M	250,000