Loeb's Third Point Shows New Stake in Freeport (FCX), Mosaic (MOS), Raised Stake in Big Lots (BIG), Liquidated Apple (AAPL), CBS (CBS)
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NEUTRAL (= Flat)
Dividend Yield: 4.1%
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The 13F for Dan Loeb's Third Point LLC for the quarter ended June 30, 2011 was just released.
The fund opened new positions in Freeport-McMoRan, Mosaic and Expedia, a boosted stake in Big Lots, lowered stakes in Liberty Media and Potash, and liquidated positions in Apple and CBS.
In the filing, the value of the positions included rose from about $2.31 billion to $2.698 billion.
Below is the summary:
New Stakes
Barrick Gold Corp. (NYSE: ABX) new 1,850,000 share position
BP PLC ADS (NYSE: BP) new 867,569 share position
Cablevision Systems Corp. (NYSE: CVC) new 2,000,000 share position
Emmis Communications Corp (NASDAQ: EMMSP) new 321,057 share position
Expedia, Inc. (NASDAQ: EXPE) new 1,825,000 share position
Freeport-McMoRan Copper & Gold (NYSE: FCX) new 1,650,000 share position
Freescale Semiconductor (NYSE: FSL) new 2,459,000 share position
Lone Pine Resources (NYSE: LPR) new 459,749 share position
Mosaic Company (NYSE: MOS) new 2,400,000 share position
Newell Rubbermaid, Inc. (NYSE: NWL) new 1,450,000 share position
Northern Oil And Gas (NYSE: NOG) (PUT) new 400,000 share position
ON Semiconductor Corp (NASDAQ: ONNN) new 4,535,600 share position
Quest Diagnostics, Inc. (NYSE: DGX) new 400,000 share position
Sandisk Corp (NASDAQ: SNDK) new 725,000 share position
SPDR Gold Trust (NYSE: GLD) (PUT) new 300,000 share position
Raised Stakes
Big Lots, Inc. (NYSE: BIG) raised from 500,000 shares to 2,000,000 shares
CIT Group, Inc. (NYSE: CIT) raised from 1,550,000 shares to 3,000,000 shares
El Paso Corp. (NYSE: EP) raised from 11,000,000 shares to 13,000,000 shares
Ligand Pharmaceuticals, Inc. (NASDAQ: LGND) raised from 334,558 shares to 705,016 shares
LyondellBasell Industries Cl A (NYSE: LYB) raised from 3,700,000 shares to 4,000,000 shares
Mead Johnson Nutrition Co. (NYSE: MJN) raised from 900,000 shares to 1,600,000 shares
Pall Corp. (NYSE: PLL) raised from 1,200,000 shares to 2,100,000 shares
Safeway, Inc. (NYSE: SWY) raised from 1,900,000 shares to 3,750,000 shares
Sara Lee Corp. (NYSE: SLE) raised from 2,000,000 shares to 6,650,000 shares
SPDR Gold Trust (NYSE: GLD) raised from 225,000 shares to 285,000 shares
Sunoco, Inc. (NYSE: SUN) raised from 2,150,000 shares to 3,000,000 shares
Swift Transportation Company (NYSE: SWFT) raised from 2,300,000 shares to 6,000,000 shares
Whirlpool Corp. (NYSE: WHR) raised from 570,000 shares to 1,000,000 shares
Xerium Technologies (NYSE: XRM) raised from 1,480,000 shares to 1,700,000 shares
Lowered Stakes
Abraxas Petroleum Corporation (NASDAQ: AXAS) lowered from 4,801,054 shares to 1,600,351 shares
Accuride Corp. (NYSE: ACW) lowered from 3,210,000 shares to 450,000 shares
CVR Energy (NYSE: CVI) lowered from 7,300,000 shares to 6,300,000 shares
DepoMed, Inc. (NASDAQ: DEPO) lowered from 3,100,000 shares to 2,030,000 shares
Liberty Media Holding Corporation Interactive Common Series A (NASDAQ: LINTA) lowered from 4,000,000 shares to 3,000,000 shares
NXP Semiconductors N.V. (NASDAQ: NXPI) lowered from 4,750,600 shares to 4,750,000 shares
Potash Corporation of Saskatchewan (NYSE: POT) lowered from 1,500,000 shares to 600,000 shares
Williams Cos. (NYSE: WMB) lowered from 4,600,000 shares to 1,100,000 shares
Liquidated Stakes
Apple, Inc. (NASDAQ: AAPL) liquidated
Aspen Technology, Inc. (NASDAQ: AZPN) liquidated
Capitol Federal Financial, Inc. (NASDAQ: CFFN) liquidated
CareFusion Corporation (NYSE: CFN) liquidated
CBS (NYSE: CBS) liquidated
KKR & Co. L.P. (NYSE: KKR) liquidated
LIFE PARTNERS HOLDINGS, Inc. (NASDAQ: LPHI) (PUT) liquidated
Madison Square Garden, Inc. (NASDAQ: MSG) liquidated
Marathon Oil Corp. (NYSE: MRO) liquidated
Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) liquidated
Nabi Biopharmaceuticals (NASDAQ: NABI) liquidated
Oneida Financial Corp (NASDAQ: ONFC) liquidated
Oritani Financial Corp. New (NASDAQ: ORIT) liquidated
PHH Corp. (NYSE: PHH) liquidated
Smurfit-Stone Container (NYSE: SSCC) liquidated
Tesoro Corp. (NYSE: TSO) liquidated
Textron, Inc. (NYSE: TXT) liquidated
United States Oil Fund (NYSE: USO) (CALL) liquidated
ViewPoint Financial Group (NASDAQ: VPFG) liquidated
YPF S.A. ADS (NYSE: YPF) liquidated
Maintained Stakes
BioFuel Energy Corp. (NASDAQ: BIOF) maintained 5,578,800 share stake
CreXus Investment Corp (NYSE: CXS) maintained 2,000,000 share stake
eBay, Inc. (NASDAQ: EBAY) maintained 1,500,000 share stake
Health Net, Inc. (NYSE: HNT) maintained 2,800,000 share stake
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The fund opened new positions in Freeport-McMoRan, Mosaic and Expedia, a boosted stake in Big Lots, lowered stakes in Liberty Media and Potash, and liquidated positions in Apple and CBS.
In the filing, the value of the positions included rose from about $2.31 billion to $2.698 billion.
Below is the summary:
New Stakes
Barrick Gold Corp. (NYSE: ABX) new 1,850,000 share position
BP PLC ADS (NYSE: BP) new 867,569 share position
Cablevision Systems Corp. (NYSE: CVC) new 2,000,000 share position
Emmis Communications Corp (NASDAQ: EMMSP) new 321,057 share position
Expedia, Inc. (NASDAQ: EXPE) new 1,825,000 share position
Freeport-McMoRan Copper & Gold (NYSE: FCX) new 1,650,000 share position
Freescale Semiconductor (NYSE: FSL) new 2,459,000 share position
Lone Pine Resources (NYSE: LPR) new 459,749 share position
Mosaic Company (NYSE: MOS) new 2,400,000 share position
Newell Rubbermaid, Inc. (NYSE: NWL) new 1,450,000 share position
Northern Oil And Gas (NYSE: NOG) (PUT) new 400,000 share position
ON Semiconductor Corp (NASDAQ: ONNN) new 4,535,600 share position
Quest Diagnostics, Inc. (NYSE: DGX) new 400,000 share position
Sandisk Corp (NASDAQ: SNDK) new 725,000 share position
SPDR Gold Trust (NYSE: GLD) (PUT) new 300,000 share position
Raised Stakes
Big Lots, Inc. (NYSE: BIG) raised from 500,000 shares to 2,000,000 shares
CIT Group, Inc. (NYSE: CIT) raised from 1,550,000 shares to 3,000,000 shares
El Paso Corp. (NYSE: EP) raised from 11,000,000 shares to 13,000,000 shares
Ligand Pharmaceuticals, Inc. (NASDAQ: LGND) raised from 334,558 shares to 705,016 shares
LyondellBasell Industries Cl A (NYSE: LYB) raised from 3,700,000 shares to 4,000,000 shares
Mead Johnson Nutrition Co. (NYSE: MJN) raised from 900,000 shares to 1,600,000 shares
Pall Corp. (NYSE: PLL) raised from 1,200,000 shares to 2,100,000 shares
Safeway, Inc. (NYSE: SWY) raised from 1,900,000 shares to 3,750,000 shares
Sara Lee Corp. (NYSE: SLE) raised from 2,000,000 shares to 6,650,000 shares
SPDR Gold Trust (NYSE: GLD) raised from 225,000 shares to 285,000 shares
Sunoco, Inc. (NYSE: SUN) raised from 2,150,000 shares to 3,000,000 shares
Swift Transportation Company (NYSE: SWFT) raised from 2,300,000 shares to 6,000,000 shares
Whirlpool Corp. (NYSE: WHR) raised from 570,000 shares to 1,000,000 shares
Xerium Technologies (NYSE: XRM) raised from 1,480,000 shares to 1,700,000 shares
Lowered Stakes
Abraxas Petroleum Corporation (NASDAQ: AXAS) lowered from 4,801,054 shares to 1,600,351 shares
Accuride Corp. (NYSE: ACW) lowered from 3,210,000 shares to 450,000 shares
CVR Energy (NYSE: CVI) lowered from 7,300,000 shares to 6,300,000 shares
DepoMed, Inc. (NASDAQ: DEPO) lowered from 3,100,000 shares to 2,030,000 shares
Liberty Media Holding Corporation Interactive Common Series A (NASDAQ: LINTA) lowered from 4,000,000 shares to 3,000,000 shares
NXP Semiconductors N.V. (NASDAQ: NXPI) lowered from 4,750,600 shares to 4,750,000 shares
Potash Corporation of Saskatchewan (NYSE: POT) lowered from 1,500,000 shares to 600,000 shares
Williams Cos. (NYSE: WMB) lowered from 4,600,000 shares to 1,100,000 shares
Liquidated Stakes
Apple, Inc. (NASDAQ: AAPL) liquidated
Aspen Technology, Inc. (NASDAQ: AZPN) liquidated
Capitol Federal Financial, Inc. (NASDAQ: CFFN) liquidated
CareFusion Corporation (NYSE: CFN) liquidated
CBS (NYSE: CBS) liquidated
KKR & Co. L.P. (NYSE: KKR) liquidated
LIFE PARTNERS HOLDINGS, Inc. (NASDAQ: LPHI) (PUT) liquidated
Madison Square Garden, Inc. (NASDAQ: MSG) liquidated
Marathon Oil Corp. (NYSE: MRO) liquidated
Market Vectors Junior Gold Miners ETF (NYSE: GDXJ) liquidated
Nabi Biopharmaceuticals (NASDAQ: NABI) liquidated
Oneida Financial Corp (NASDAQ: ONFC) liquidated
Oritani Financial Corp. New (NASDAQ: ORIT) liquidated
PHH Corp. (NYSE: PHH) liquidated
Smurfit-Stone Container (NYSE: SSCC) liquidated
Tesoro Corp. (NYSE: TSO) liquidated
Textron, Inc. (NYSE: TXT) liquidated
United States Oil Fund (NYSE: USO) (CALL) liquidated
ViewPoint Financial Group (NASDAQ: VPFG) liquidated
YPF S.A. ADS (NYSE: YPF) liquidated
Maintained Stakes
BioFuel Energy Corp. (NASDAQ: BIOF) maintained 5,578,800 share stake
CreXus Investment Corp (NYSE: CXS) maintained 2,000,000 share stake
eBay, Inc. (NASDAQ: EBAY) maintained 1,500,000 share stake
Health Net, Inc. (NYSE: HNT) maintained 2,800,000 share stake
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