Third Point, LLC Buys Centene Corp, Burlington Stores Inc, The Chemours Co, Sells Constellation Brands Inc, Celgene Corp, American Express Co

Investment company Third Point, LLC (Current Portfolio) buys Centene Corp, Burlington Stores Inc, The Chemours Co, GTT Communications Inc, Tradeweb Markets Inc, sells Constellation Brands Inc, Celgene Corp, American Express Co, Dow Inc during the 3-months ended 2019Q2, according to the most recent filings of the investment company, Third Point, LLC. As of 2019Q2, Third Point, LLC owns 42 stocks with a total value of $8.5 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/portfolioportfolio

These are the top 5 holdings of Daniel Loeb
  1. Baxter International Inc (BAX) - 23,000,000 shares, 22.06% of the total portfolio. Shares reduced by 17.86%
  2. United Technologies Corp (UTX) - 6,000,000 shares, 9.15% of the total portfolio. Shares reduced by 7.41%
  3. Campbell Soup Co (CPB) - 18,500,000 shares, 8.68% of the total portfolio. Shares reduced by 11.9%
  4. Danaher Corp (DHR) - 3,710,000 shares, 6.21% of the total portfolio.
  5. PayPal Holdings Inc (PYPL) - 3,500,000 shares, 4.69% of the total portfolio.
New Purchase: Centene Corp (CNC)

Third Point, LLC initiated holding in Centene Corp. The purchase prices were between $47.01 and $57.88, with an estimated average price of $53.96. The stock is now traded at around $49.58. The impact to a portfolio due to this purchase was 1.54%. The holding were 2,500,000 shares as of .

New Purchase: Burlington Stores Inc (BURL)

Third Point, LLC initiated holding in Burlington Stores Inc. The purchase prices were between $146 and $176.66, with an estimated average price of $163.33. The stock is now traded at around $173.56. The impact to a portfolio due to this purchase was 1.39%. The holding were 700,000 shares as of .

New Purchase: GTT Communications Inc (GTT)

Third Point, LLC initiated holding in GTT Communications Inc. The purchase prices were between $17.6 and $42.89, with an estimated average price of $30.97. The stock is now traded at around $9.75. The impact to a portfolio due to this purchase was 0.63%. The holding were 3,065,078 shares as of .

New Purchase: Tradeweb Markets Inc (TW)

Third Point, LLC initiated holding in Tradeweb Markets Inc. The purchase prices were between $35.81 and $45.09, with an estimated average price of $41.74. The stock is now traded at around $44.78. The impact to a portfolio due to this purchase was 0.51%. The holding were 1,000,000 shares as of .

New Purchase: Americold Realty Trust (COLD)

Third Point, LLC initiated holding in Americold Realty Trust. The purchase prices were between $30 and $34.13, with an estimated average price of $31.68. The stock is now traded at around $35.33. The impact to a portfolio due to this purchase was 0.49%. The holding were 1,280,000 shares as of .

New Purchase: Clear Channel Outdoor Holdings Inc (CCO)

Third Point, LLC initiated holding in Clear Channel Outdoor Holdings Inc. The purchase prices were between $0 and $5.29, with an estimated average price of $4.79. The stock is now traded at around $2.31. The impact to a portfolio due to this purchase was 0.44%. The holding were 8,000,000 shares as of .

Added: The Chemours Co (CC)

Third Point, LLC added to a holding in The Chemours Co by 118.75%. The purchase prices were between $21.09 and $40.45, with an estimated average price of $29.51. The stock is now traded at around $13.05. The impact to a portfolio due to this purchase was 0.67%. The holding were 4,375,000 shares as of .

Added: Netflix Inc (NFLX)

Third Point, LLC added to a holding in Netflix Inc by 25.00%. The purchase prices were between $336.63 and $385.03, with an estimated average price of $360.67. The stock is now traded at around $315.55. The impact to a portfolio due to this purchase was 0.43%. The holding were 500,000 shares as of .

Sold Out: Constellation Brands Inc (STZ)

Third Point, LLC sold out a holding in Constellation Brands Inc. The sale prices were between $176.45 and $212.54, with an estimated average price of $195.35.

Sold Out: Celgene Corp (CELG)

Third Point, LLC sold out a holding in Celgene Corp. The sale prices were between $92.35 and $98.91, with an estimated average price of $94.95.

Sold Out: American Express Co (AXP)

Third Point, LLC sold out a holding in American Express Co. The sale prices were between $109.85 and $124.92, with an estimated average price of $117.43.

Sold Out: Dow Inc (DOW)

Third Point, LLC sold out a holding in Dow Inc. The sale prices were between $46.76 and $59.71, with an estimated average price of $52.82.



Here is the complete portfolio of Daniel Loeb. Also check out:

1. Daniel Loeb's Undervalued Stocks
2. Daniel Loeb's Top Growth Companies, and
3. Daniel Loeb's High Yield stocks
4. Stocks that Daniel Loeb keeps buying