Third Point, LLC Buys United Technologies Corp, Fox Corp, Marathon Petroleum Corp, Sells Shire PLC, Merck Inc, American Express Co

Investment company Third Point, LLC buys United Technologies Corp, Fox Corp, Marathon Petroleum Corp, Boston Scientific Corp, Celgene Corp, Ross Stores Inc, Netflix Inc, Black Knight Inc, The Chemours Co, Sony Corp, Colfax Corp, Microsoft Corp, sells Shire PLC, Merck Inc, American Express Co, Constellation Brands Inc, Cigna Corp, Dover Corp during the 3-months ended 2019Q1, according to the most recent filings of the investment company, Third Point, LLC. As of 2019Q1, Third Point, LLC owns 32 stocks with a total value of $9 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. Baxter International Inc (BAX) - 28,000,000 shares, 25.31% of the total portfolio.
  2. United Technologies Corp (UTX) - 6,480,000 shares, 9.29% of the total portfolio. New Position
  3. Campbell Soup Co (CPB) - 21,000,000 shares, 8.90% of the total portfolio.
  4. Danaher Corp (DHR) - 3,710,000 shares, 5.45% of the total portfolio. Shares added by 19.29%
  5. PayPal Holdings Inc (PYPL) - 3,500,000 shares, 4.04% of the total portfolio. Shares reduced by 13.04%
New Purchase: United Technologies Corp (UTX)

Third Point, LLC initiated holding in United Technologies Corp. The purchase prices were between $103.48 and $128.89, with an estimated average price of $120.52. The stock is now traded at around $133.98. The impact to a portfolio due to this purchase was 9.29%. The holding were 6,480,000 shares as of .

New Purchase: Fox Corp (FOXA)

Third Point, LLC initiated holding in Fox Corp. The purchase prices were between $36.4 and $41.7, with an estimated average price of $38.89. The stock is now traded at around $37.71. The impact to a portfolio due to this purchase was 3.98%. The holding were 9,755,000 shares as of .

New Purchase: Marathon Petroleum Corp (MPC)

Third Point, LLC initiated holding in Marathon Petroleum Corp. The purchase prices were between $57.5 and $67.18, with an estimated average price of $62.95. The stock is now traded at around $51.19. The impact to a portfolio due to this purchase was 2.33%. The holding were 3,500,000 shares as of .

New Purchase: Boston Scientific Corp (BSX)

Third Point, LLC initiated holding in Boston Scientific Corp. The purchase prices were between $32.91 and $40.75, with an estimated average price of $38.17. The stock is now traded at around $37.07. The impact to a portfolio due to this purchase was 2.13%. The holding were 5,000,000 shares as of .

New Purchase: Celgene Corp (CELG)

Third Point, LLC initiated holding in Celgene Corp. The purchase prices were between $64.09 and $94.34, with an estimated average price of $87.12. The stock is now traded at around $94.96. The impact to a portfolio due to this purchase was 1.84%. The holding were 1,750,000 shares as of .

New Purchase: Ross Stores Inc (ROST)

Third Point, LLC initiated holding in Ross Stores Inc. The purchase prices were between $83.08 and $94.86, with an estimated average price of $91.68. The stock is now traded at around $94.50. The impact to a portfolio due to this purchase was 1.66%. The holding were 1,600,000 shares as of .

Sold Out: Shire PLC (SHPG)

Third Point, LLC sold out a holding in Shire PLC. The sale prices were between $172.15 and $179.2, with an estimated average price of $176.08.

Sold Out: Merck & Co Inc (MRK)

Third Point, LLC sold out a holding in Merck & Co Inc. The sale prices were between $72.92 and $83.17, with an estimated average price of $78.33.

Sold Out: Cigna Corp (CI)

Third Point, LLC sold out a holding in Cigna Corp. The sale prices were between $159.69 and $199.81, with an estimated average price of $183.17.

Sold Out: Dover Corp (DOV)

Third Point, LLC sold out a holding in Dover Corp. The sale prices were between $69.79 and $93.8, with an estimated average price of $86.18.



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