Third Point, LLC Buys The Walt Disney Co, Alibaba Group Holding, Charter Communications Inc, Sells Baxter International Inc, Centene Corp, Otis Worldwide Corp

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Investment company Third Point, LLC (Current Portfolio) buys The Walt Disney Co, Alibaba Group Holding, Charter Communications Inc, JD.com Inc, Facebook Inc, sells Baxter International Inc, Centene Corp, Otis Worldwide Corp, Roper Technologies Inc, ServiceMaster Global Holdings Inc during the 3-months ended 2020Q2, according to the most recent filings of the investment company, Third Point, LLC. As of 2020Q2, Third Point, LLC owns 35 stocks with a total value of $7.3 billion. These are the details of the buys and sells.

For the details of Daniel Loeb's stock buys and sells, go to https://www.gurufocus.com/guru/daniel+loeb/current-portfolio/portfolio

These are the top 5 holdings of Daniel Loeb
  1. The Walt Disney Co (DIS) - 5,500,000 shares, 8.42% of the total portfolio. Shares added by 285.96%
  2. Amazon.com Inc (AMZN) - 210,000 shares, 7.96% of the total portfolio. Shares reduced by 2.33%
  3. Danaher Corp (DHR) - 3,000,000 shares, 7.29% of the total portfolio. Shares reduced by 15.97%
  4. Alibaba Group Holding Ltd (BABA) - 2,000,000 shares, 5.92% of the total portfolio. New Position
  5. Fidelity National Information Services Inc (FIS) - 3,200,000 shares, 5.89% of the total portfolio. Shares added by 36.46%
New Purchase: Alibaba Group Holding Ltd (BABA)

Third Point, LLC initiated holding in Alibaba Group Holding Ltd. The purchase prices were between $187.11 and $228.75, with an estimated average price of $207.72. The stock is now traded at around $254.10. The impact to a portfolio due to this purchase was 5.92%. The holding were 2,000,000 shares as of .

New Purchase: JD.com Inc (JD)

Third Point, LLC initiated holding in JD.com Inc. The purchase prices were between $39.89 and $62.01, with an estimated average price of $50.34. The stock is now traded at around $63.25. The impact to a portfolio due to this purchase was 2.69%. The holding were 3,250,000 shares as of .

New Purchase: Facebook Inc (FB)

Third Point, LLC initiated holding in Facebook Inc. The purchase prices were between $154.18 and $242.24, with an estimated average price of $208.03. The stock is now traded at around $260.82. The impact to a portfolio due to this purchase was 2.65%. The holding were 850,000 shares as of .

New Purchase: Nike Inc (NKE)

Third Point, LLC initiated holding in Nike Inc. The purchase prices were between $78.86 and $104.29, with an estimated average price of $92.09. The stock is now traded at around $105.52. The impact to a portfolio due to this purchase was 1.68%. The holding were 1,250,000 shares as of .

New Purchase: Evergy Inc (EVRG)

Third Point, LLC initiated holding in Evergy Inc. The purchase prices were between $51.75 and $65.1, with an estimated average price of $59.23. The stock is now traded at around $53.58. The impact to a portfolio due to this purchase was 1.22%. The holding were 1,500,000 shares as of .

New Purchase: Activision Blizzard Inc (ATVI)

Third Point, LLC initiated holding in Activision Blizzard Inc. The purchase prices were between $57.5 and $76.58, with an estimated average price of $69.52. The stock is now traded at around $81.10. The impact to a portfolio due to this purchase was 1.17%. The holding were 1,125,429 shares as of .

Added: The Walt Disney Co (DIS)

Third Point, LLC added to a holding in The Walt Disney Co by 285.96%. The purchase prices were between $93.88 and $127.28, with an estimated average price of $110.22. The stock is now traded at around $129.40. The impact to a portfolio due to this purchase was 6.24%. The holding were 5,500,000 shares as of .

Added: Charter Communications Inc (CHTR)

Third Point, LLC added to a holding in Charter Communications Inc by 150.00%. The purchase prices were between $424.03 and $547.3, with an estimated average price of $505.65. The stock is now traded at around $601.74. The impact to a portfolio due to this purchase was 3.15%. The holding were 750,000 shares as of .

Added: IAA Inc (IAA)

Third Point, LLC added to a holding in IAA Inc by 62.85%. The purchase prices were between $25 and $45.11, with an estimated average price of $37.11. The stock is now traded at around $47.50. The impact to a portfolio due to this purchase was 2.17%. The holding were 10,585,000 shares as of .

Added: Fidelity National Information Services Inc (FIS)

Third Point, LLC added to a holding in Fidelity National Information Services Inc by 36.46%. The purchase prices were between $114.56 and $143.07, with an estimated average price of $131.16. The stock is now traded at around $144.68. The impact to a portfolio due to this purchase was 1.57%. The holding were 3,200,000 shares as of .

Added: Raytheon Technologies Corp (RTX)

Third Point, LLC added to a holding in Raytheon Technologies Corp by 31.63%. The purchase prices were between $49.93 and $74.16, with an estimated average price of $62.35. The stock is now traded at around $63.08. The impact to a portfolio due to this purchase was 1.07%. The holding were 5,265,000 shares as of .

Added: Burlington Stores Inc (BURL)

Third Point, LLC added to a holding in Burlington Stores Inc by 24.44%. The purchase prices were between $140.56 and $216.99, with an estimated average price of $187.94. The stock is now traded at around $199.84. The impact to a portfolio due to this purchase was 0.74%. The holding were 1,400,000 shares as of .

Sold Out: Centene Corp (CNC)

Third Point, LLC sold out a holding in Centene Corp. The sale prices were between $54.6 and $72.85, with an estimated average price of $65.04.

Sold Out: Otis Worldwide Corp (OTIS)

Third Point, LLC sold out a holding in Otis Worldwide Corp. The sale prices were between $44 and $61.26, with an estimated average price of $51.55.

Sold Out: Roper Technologies Inc (ROP)

Third Point, LLC sold out a holding in Roper Technologies Inc. The sale prices were between $293.66 and $405.83, with an estimated average price of $357.06.

Sold Out: ServiceMaster Global Holdings Inc (SERV)

Third Point, LLC sold out a holding in ServiceMaster Global Holdings Inc. The sale prices were between $24.73 and $36, with an estimated average price of $30.69.

Sold Out: Sherwin-Williams Co (SHW)

Third Point, LLC sold out a holding in Sherwin-Williams Co. The sale prices were between $420.03 and $597.11, with an estimated average price of $539.48.

Sold Out: Carrier Global Corp (CARR)

Third Point, LLC sold out a holding in Carrier Global Corp. The sale prices were between $12.89 and $24.37, with an estimated average price of $18.38.

Reduced: Baxter International Inc (BAX)

Third Point, LLC reduced to a holding in Baxter International Inc by 65.46%. The sale prices were between $78.66 and $94.14, with an estimated average price of $87.01. The stock is now traded at around $84.39. The impact to a portfolio due to this sale was -9.82%. Third Point, LLC still held 4,000,000 shares as of .



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