Daniel Loeb Buys BlackRock Inc, Alibaba Group Holding, NXP Semiconductors NV, Sells JPMorgan Chase, Salesforce.com Inc, Qualcomm Inc

Investment company Daniel Loeb buys BlackRock Inc, Alibaba Group Holding, NXP Semiconductors NV, Vulcan Materials Co, Alexion Pharmaceuticals Inc, FMC Corp, Alphabet Inc, Banco Macro SA, RSP Permian Inc, Parsley Energy Inc, sells JPMorgan Chase, Salesforce.com Inc, Qualcomm Inc, Zayo Group Holdings Inc, Rice Energy Inc during the 3-months ended 2017-06-30, according to the most recent filings of the investment company, Third Point, LLC. As of 2017-06-30, Third Point, LLC owns 32 stocks with a total value of $11.3 billion. These are the details of the buys and sells.

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

These are the top 5 holdings of Daniel Loeb
  1. Baxter International Inc (BAX) - 41,000,000 shares, 22% of the total portfolio. Shares reduced by 10.87%
  2. Dow Chemical Co (DOW) - 16,000,000 shares, 8.94% of the total portfolio. Shares added by 1.91%
  3. BlackRock Inc (BLK) - 1,550,000 shares, 5.8% of the total portfolio. New Position
  4. Alibaba Group Holding Ltd (BABA) - 4,500,000 shares, 5.62% of the total portfolio. New Position
  5. Alphabet Inc (GOOGL) - 575,000 shares, 4.74% of the total portfolio. Shares added by 26.37%
New Purchase: BlackRock Inc (BLK)

Daniel Loeb initiated holdings in BlackRock Inc. The purchase prices were between $377.1 and $428.38, with an estimated average price of $398.43. The stock is now traded at around $424.90. The impact to the portfolio due to this purchase was 5.8%. The holdings were 1,550,000 shares as of 2017-06-30.

New Purchase: Alibaba Group Holding Ltd (BABA)

Daniel Loeb initiated holdings in Alibaba Group Holding Ltd. The purchase prices were between $107.44 and $143.95, with an estimated average price of $122.95. The stock is now traded at around $151.41. The impact to the portfolio due to this purchase was 5.62%. The holdings were 4,500,000 shares as of 2017-06-30.

New Purchase: NXP Semiconductors NV (NXPI)

Daniel Loeb initiated holdings in NXP Semiconductors NV. The purchase prices were between $103.17 and $109.98, with an estimated average price of $107.01. The stock is now traded at around $112.25. The impact to the portfolio due to this purchase was 2.62%. The holdings were 2,700,000 shares as of 2017-06-30.

New Purchase: Vulcan Materials Co (VMC)

Daniel Loeb initiated holdings in Vulcan Materials Co. The purchase prices were between $116.9 and $133.48, with an estimated average price of $125.47. The stock is now traded at around $114.42. The impact to the portfolio due to this purchase was 1.8%. The holdings were 1,600,000 shares as of 2017-06-30.

New Purchase: Alexion Pharmaceuticals Inc (ALXN)

Daniel Loeb initiated holdings in Alexion Pharmaceuticals Inc. The purchase prices were between $97.7 and $133.41, with an estimated average price of $116.38. The stock is now traded at around $132.63. The impact to the portfolio due to this purchase was 1.35%. The holdings were 1,250,000 shares as of 2017-06-30.

New Purchase: FMC Corp (FMC)

Daniel Loeb initiated holdings in FMC Corp. The purchase prices were between $69.59 and $76.77, with an estimated average price of $74.17. The stock is now traded at around $82.73. The impact to the portfolio due to this purchase was 1.29%. The holdings were 2,000,000 shares as of 2017-06-30.

Added: Alphabet Inc (GOOGL)

Daniel Loeb added to the holdings in Alphabet Inc by 26.37%. The purchase prices were between $839.88 and $1004.28, with an estimated average price of $934.2. The stock is now traded at around $930.74. The impact to the portfolio due to this purchase was 0.99%. The holdings were 575,000 shares as of 2017-06-30.

Added: RSP Permian Inc (RSPP)

Daniel Loeb added to the holdings in RSP Permian Inc by 92.50%. The purchase prices were between $30.49 and $41.76, with an estimated average price of $37.29. The stock is now traded at around $32.36. The impact to the portfolio due to this purchase was 0.53%. The holdings were 3,850,000 shares as of 2017-06-30.

Added: Parsley Energy Inc (PE)

Daniel Loeb added to the holdings in Parsley Energy Inc by 80.00%. The purchase prices were between $25.86 and $32.51, with an estimated average price of $29.84. The stock is now traded at around $25.35. The impact to the portfolio due to this purchase was 0.49%. The holdings were 4,500,000 shares as of 2017-06-30.

Sold Out: JPMorgan Chase & Co (JPM)

Daniel Loeb sold out the holdings in JPMorgan Chase & Co. The sale prices were between $82.15 and $91.15, with an estimated average price of $86.23.

Sold Out: Salesforce.com Inc (CRM)

Daniel Loeb sold out the holdings in Salesforce.com Inc. The sale prices were between $82.31 and $91.39, with an estimated average price of $87.01.

Sold Out: Qualcomm Inc (QCOM)

Daniel Loeb sold out the holdings in Qualcomm Inc. The sale prices were between $52.5 and $59.28, with an estimated average price of $55.9.

Sold Out: Zayo Group Holdings Inc (ZAYO)

Daniel Loeb sold out the holdings in Zayo Group Holdings Inc. The sale prices were between $30.9 and $35.22, with an estimated average price of $32.75.

Sold Out: Rice Energy Inc (RICE)

Daniel Loeb sold out the holdings in Rice Energy Inc. The sale prices were between $19.37 and $26.79, with an estimated average price of $22.14.

Sold Out: Celanese Corp (CE)

Daniel Loeb sold out the holdings in Celanese Corp. The sale prices were between $83.79 and $95.63, with an estimated average price of $89.02.

Reduced: Charter Communications Inc (CHTR)

Daniel Loeb reduced to the holdings in Charter Communications Inc by 37.5%. The sale prices were between $313.11 and $353.03, with an estimated average price of $333.45. The stock is now traded at around $393.44. The impact to the portfolio due to this sale was -0.96%. Daniel Loeb still held 500,000 shares as of 2017-06-30.



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