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Daniel Loeb’s Hedge Fund Third Point Reports Q1 Portfolio; Buys EP, TSO, WHR, EBAY, ACW

Hedge Fund Third Point LLC is run by activist investor Daniel Loeb. The firm just reported its Q1 portfolio. As of 03/31/2011, Third Point, LLC owns 50 stocks with a total value of $2.3 billion. These are the details of the buys and sells.

Third Point’s Master Fund gained 41% in 2010, and 38.5% in 2009. For the past 5 years, it has a cumulative gain of 64%. For the past 10 years, it gained 315%. These numbers left the market average into dust.

As of the first quarter, Dan Loeb bought heavily in energy stocks. Energy stocks are now 35% of his total portfolio. As of April 30, his fund slightly outperformed the market average.

This is the portfolio chart of Daniel Loeb. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



For the details of Daniel Loeb's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Daniel+Loeb

This is the sector weightings of his portfolio:

Oil & Gas 34.6%
Industrials 14.2%
Consumer Services 9%
Financials 7.6%
Health Care 6.4%
Technology 5.2%
Consumer Goods 3.6%
Basic Materials 1.5%


These are the top 5 holdings of Daniel Loeb

  1. EL PASO Corp. (EP) - 11,000,000 shares, 8.56% of the total portfolio. Shares added by 10000%
  2. CVR ENERGY INC. (CVI) - 7,300,000 shares, 7.31% of the total portfolio. Shares added by 356.25%
  3. LYONDELLBASELL IND NV ORD SHS CL A (LYB) - 3,700,000 shares, 6.32% of the total portfolio. Shares reduced by 17.09%
  4. WILLIAMS COMPANIES (WMB) - 4,600,000 shares, 6.2% of the total portfolio. Shares added by 15%
  5. SUNOCO INC. (SUN) - 2,150,000 shares, 4.24% of the total portfolio. Shares added by 138.89%


Added: Cvr Energy Inc. (CVI)

Daniel Loeb added to his holdings in Cvr Energy Inc. by 356.25%. His purchase prices were between $14.65 and $22.85, with an estimated average price of $18.36. The impact to his portfolio due to this purchase was 5.71%. His holdings were 7,300,000 shares as of 03/31/2011.

Added: Sunoco Inc. (SUN)

Daniel Loeb added to his holdings in Sunoco Inc. by 138.89%. His purchase prices were between $38.62 and $46.23, with an estimated average price of $42.42. The impact to his portfolio due to this purchase was 2.47%. His holdings were 2,150,000 shares as of 03/31/2011.

Added: Pall Corp. (PLL)

Daniel Loeb added to his holdings in Pall Corp. by 242.86%. His purchase prices were between $48.66 and $57.45, with an estimated average price of $53.52. The impact to his portfolio due to this purchase was 2.12%. His holdings were 1,200,000 shares as of 03/31/2011.

Added: Marathon Oil Corp. (MRO)

Daniel Loeb added to his holdings in Marathon Oil Corp. by 900%. His purchase prices were between $37.03 and $52.95, with an estimated average price of $46.55. The impact to his portfolio due to this purchase was 2.07%. His holdings were 1,000,000 shares as of 03/31/2011.

Added: Nxp Semiconductors N.v. (NXPI)

Daniel Loeb added to his holdings in Nxp Semiconductors N.v. by 50.78%. His purchase prices were between $20.93 and $31.95, with an estimated average price of $26.4. The impact to his portfolio due to this purchase was 1.42%. His holdings were 4,750,600 shares as of 03/31/2011.

Added: Smurfitstone Container Corp (SSCC)

Daniel Loeb added to his holdings in Smurfitstone Container Corp by 50%. His purchase prices were between $25.6 and $40.01, with an estimated average price of $35.53. The impact to his portfolio due to this purchase was 1.25%. His holdings were 2,250,000 shares as of 03/31/2011.

Added: Williams Companies (WMB)

Daniel Loeb added to his holdings in Williams Companies by 15%. His purchase prices were between $24.53 and $31.45, with an estimated average price of $28.19. The impact to his portfolio due to this purchase was 0.81%. His holdings were 4,600,000 shares as of 03/31/2011.

Added: Apple Inc. (AAPL)

Daniel Loeb added to his holdings in Apple Inc. by 25%. His purchase prices were between $322.56 and $363.13, with an estimated average price of $345.06. The impact to his portfolio due to this purchase was 0.6%. His holdings were 200,000 shares as of 03/31/2011.

Added: Spdr Gold Trust Spdr Gold (GLD)

Daniel Loeb added to his holdings in Spdr Gold Trust Spdr Gold by 30.06%. His purchase prices were between $127.925 and $140.34, with an estimated average price of $135.37. The impact to his portfolio due to this purchase was 0.31%. His holdings were 225,000 shares as of 03/31/2011.

New Purchase: El Paso Corp. (EP)

Daniel Loeb initiated holdings in El Paso Corp.. His purchase prices were between $13.5 and $18.6, with an estimated average price of $16.38. The impact to his portfolio due to this purchase was 8.56%. His holdings were 11,000,000 shares as of 03/31/2011.

New Purchase: Tesoro Corp. (TSO)

Daniel Loeb initiated holdings in Tesoro Corp.. His purchase prices were between $17.98 and $27.76, with an estimated average price of $22.14. The impact to his portfolio due to this purchase was 2.9%. His holdings were 2,500,000 shares as of 03/31/2011.

New Purchase: Whirlpool Corp. (WHR)

Daniel Loeb initiated holdings in Whirlpool Corp.. His purchase prices were between $79.57 and $91.28, with an estimated average price of $84.64. The impact to his portfolio due to this purchase was 2.1%. His holdings were 570,000 shares as of 03/31/2011.

New Purchase: Ebay Inc. (EBAY)

Daniel Loeb initiated holdings in Ebay Inc.. His purchase prices were between $27.695 and $34.69, with an estimated average price of $31.12. The impact to his portfolio due to this purchase was 2.01%. His holdings were 1,500,000 shares as of 03/31/2011.

New Purchase: Accuride Corp (ACW)

Daniel Loeb initiated holdings in Accuride Corp. His purchase prices were between $13.06 and $16.07, with an estimated average price of $14.67. The impact to his portfolio due to this purchase was 1.93%. His holdings were 3,210,000 shares as of 03/31/2011.

New Purchase: Safeway Inc. (SWY)

Daniel Loeb initiated holdings in Safeway Inc.. His purchase prices were between $20.5 and $23.56, with an estimated average price of $21.71. The impact to his portfolio due to this purchase was 1.93%. His holdings were 1,900,000 shares as of 03/31/2011.

New Purchase: Ypf Sociedad Anonima (YPF)

Daniel Loeb initiated holdings in Ypf Sociedad Anonima. His purchase prices were between $41.43 and $54.58, with an estimated average price of $49.62. The impact to his portfolio due to this purchase was 1.92%. His holdings were 1,000,000 shares as of 03/31/2011.

New Purchase: Textron Inc. (TXT)

Daniel Loeb initiated holdings in Textron Inc.. His purchase prices were between $23.64 and $28.5, with an estimated average price of $26.41. The impact to his portfolio due to this purchase was 1.6%. His holdings were 1,350,000 shares as of 03/31/2011.

New Purchase: Sara Lee Corp. (SLE)

Daniel Loeb initiated holdings in Sara Lee Corp.. His purchase prices were between $16.64 and $19.64, with an estimated average price of $17.4. The impact to his portfolio due to this purchase was 1.53%. His holdings were 2,000,000 shares as of 03/31/2011.

New Purchase: Swift Transportation Co. (SWFT)

Daniel Loeb initiated holdings in Swift Transportation Co.. His purchase prices were between $12.47 and $15.12, with an estimated average price of $14.2. The impact to his portfolio due to this purchase was 1.46%. His holdings were 2,300,000 shares as of 03/31/2011.

New Purchase: Cbs Corp. (CBS)

Daniel Loeb initiated holdings in Cbs Corp.. His purchase prices were between $19.05 and $26.12, with an estimated average price of $21.95. The impact to his portfolio due to this purchase was 1.08%. His holdings were 1,000,000 shares as of 03/31/2011.

New Purchase: Crexus Investment Corp. (CXS)

Daniel Loeb initiated holdings in Crexus Investment Corp.. His purchase prices were between $11.4 and $13.48, with an estimated average price of $12.98. The impact to his portfolio due to this purchase was 0.99%. His holdings were 2,000,000 shares as of 03/31/2011.

New Purchase: Big Lots Inc. (BIG)

Daniel Loeb initiated holdings in Big Lots Inc.. His purchase prices were between $30.41 and $43.59, with an estimated average price of $37.56. The impact to his portfolio due to this purchase was 0.94%. His holdings were 500,000 shares as of 03/31/2011.

Reduced: Potash Corp. Of Saskatchewan Inc. (POT)

Daniel Loeb reduced to his holdings in Potash Corp. Of Saskatchewan Inc. by 86.11%. His sale prices were between $51.61 and $63.3133, with an estimated average price of $57.54. The impact to his portfolio due to this sale was -7.87%. Daniel Loeb still held 500,000 shares as of 03/31/2011.

Reduced: Depomed Inc. (DEPO)

Daniel Loeb reduced to his holdings in Depomed Inc. by 41.51%. His sale prices were between $5.66 and $10.02, with an estimated average price of $8.15. The impact to his portfolio due to this sale was -0.95%. Daniel Loeb still held 3,100,000 shares as of 03/31/2011.

Reduced: The Madison Square Garden Company (MSG)

Daniel Loeb reduced to his holdings in The Madison Square Garden Company by 90.63%. His sale prices were between $24.17 and $29.71, with an estimated average price of $26.57. The impact to his portfolio due to this sale was -0.87%. Daniel Loeb still held 75,000 shares as of 03/31/2011.

Sold Out: Massey Energy Company (MEE)

Daniel Loeb sold out his holdings in Massey Energy Company. His sale prices were between $52.71 and $68.51, with an estimated average price of $61.1.

Sold Out: Lender Processing Services Inc (LPS)

Daniel Loeb sold out his holdings in Lender Processing Services Inc. His sale prices were between $29.35 and $34.16, with an estimated average price of $32.14.

Sold Out: Abitibibowater (ABH)

Daniel Loeb sold out his holdings in Abitibibowater. His sale prices were between $23.29 and $30, with an estimated average price of $27.12.

Sold Out: Citigroup Inc. (C)

Daniel Loeb sold out his holdings in Citigroup Inc.. His sale prices were between $43.9 and $51.3, with an estimated average price of $47.29.

Sold Out: Comcast Corp. (CMCSA)

Daniel Loeb sold out his holdings in Comcast Corp.. His sale prices were between $21.97 and $25.77, with an estimated average price of $23.93.

Sold Out: Airgas Inc. (ARG)

Daniel Loeb sold out his holdings in Airgas Inc.. His sale prices were between $60.87 and $66.78, with an estimated average price of $63.33.

Sold Out: Rio Tinto Plc (RIO)

Daniel Loeb sold out his holdings in Rio Tinto Plc. His sale prices were between $62 and $76.63, with an estimated average price of $69.87.

Sold Out: Yahoo! Inc. (YHOO)

Daniel Loeb sold out his holdings in Yahoo! Inc.. His sale prices were between $15.5725 and $17.77, with an estimated average price of $16.63.

Sold Out: Atlas Energy L.p. (ATLS)

Daniel Loeb sold out his holdings in Atlas Energy L.p.. His sale prices were between $43.84 and $46.46, with an estimated average price of $44.65.

Sold Out: Pmi Group Inc. (PMI)

Daniel Loeb sold out his holdings in Pmi Group Inc.. His sale prices were between $2.62 and $4.03, with an estimated average price of $3.12.

Sold Out: Six Flags Entertainment Corp. (SIX)

Daniel Loeb sold out his holdings in Six Flags Entertainment Corp.. His sale prices were between $54.4 and $72.42, with an estimated average price of $62.15.

Sold Out: Zoran Corp. (ZRAN)

Daniel Loeb sold out his holdings in Zoran Corp.. His sale prices were between $8.7 and $11.22, with an estimated average price of $9.75.

Sold Out: Plains Exploration & Production Company (PXP)

Daniel Loeb sold out his holdings in Plains Exploration & Production Company. His sale prices were between $32.14 and $39.17, with an estimated average price of $35.5.

Sold Out: Semgroup Corp. (SEMG)

Daniel Loeb sold out his holdings in Semgroup Corp.. His sale prices were between $26.37 and $33.74, with an estimated average price of $30.01.

Sold Out: Etfs Physical Palladium (PALL)

Daniel Loeb sold out his holdings in Etfs Physical Palladium. His sale prices were between $69.39 and $84.542, with an estimated average price of $78.44.

Sold Out: Etfs Physical Platinum (PPLT)

Daniel Loeb sold out his holdings in Etfs Physical Platinum. His sale prices were between $168.16 and $184.76, with an estimated average price of $177.9.

Added: Xerium Technologies Inc. (XRM)

Daniel Loeb added to his holdings in Xerium Technologies Inc. by 18.35%. The impact to his portfolio due to this purchase was 0.28%. His holdings were 1,700,000 shares as of 03/31/2011.


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