Loeb's Third Point Shows New Stakes In Bear Stearns (BSC), Target (TGT), Sears Holdings (SHLD), Among Others
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Loeb's Third Point released its latest 13F for the quarter ended September 30, 2007. Below is a summary:
New Positions:
Advanced Medical Optics (NYSE: EYE) 505,000 shares
Applera Corp-Applied Biosystems Group (NYSE: ABI) 649,026 shares
Bear Stearns (NYSE: BSC) 200,000
Ceridian (NYSE: CEN) 1,700,000 (Company Sold)
Diamler Chrysler (NYSE: DAI) 422,000
Gentium (Nasdaq: GENT) 705,000
Horsehead Holding (Nasdaq: ZINC) 270,0000
Imclone Systems (Nasdaq: IMCL) 250,000
Johnson & Johnson (NYSE: JNJ) 500,000
Lyondell Chemical (NYSE: LYO) 3,000,000
Medicis Pharm (NYSE: MRX) 450,000
Mirant Corp (NYSE: MIR) 4,000,000
Qimonda (NYSE: QI) 2,750,000
Qualcomm (Nasdaq: QCOM) 1,100,000
Salix Pharm (Nasdaq: SLXP) 1,100,000
Sears Holdings (Nasdaq: SHLD) 650,000
Sepracor (Nasdaq: SEPR) 450,000
SLM Corp (NYSE: SLM) 1,600,000
Starwood Hotels (NYSE: HOT) 200,000
Target (NYSE: TGT) 418,700
Raised Positions:
Applera (NYSE: ABI) from 200,000 shares to 500,000 shares
Atmel (Nasdaq: ATML) from 24,400,000 to 35,000,000 shares
Avaya (NYSE: AV) from 0 to 4,100,000 shares
Alltel (NYSE: AT) from 0 to 1,000,000
Eddie Bauer (Nasdaq: EBHI) from 1,425,000 to 1,900,000
Bausch & Lomb (NYSE: BOL) from 1,605,000 to 5,000,000 (bought out)
Candela (Nasdaq: CLZR) from 2,120,000 to 2,255,000 shares
Chipotle (NYSE: CMG) from 632,500 to 690,000 shares
Coleman Cable (Nasdaq: CCIX) from 666,667 to 791,667
Core Mark Holding (Nasdaq: CORE) from 878,500 to 1,064,200
Cypress Semiconductor (NYSE: CY) from 5,300,000 to 8,565,000 (Nice Move On This Stock
Depomed (Nasdaq: DEPO) from 4,735,000 to 7,050,000
Dillards (NYSE: DDS) from 1,000,000 to 2,400,000 shares
Entertainment Dist (Nasdaq: EDCI) from 4,658,000 to 4,918,500
FEI Co (Nasdaq: FEIC) from 1,950,000 to 2,000,000 shares
Freedom Acquisition (AMEX: FRH) from 2,700,000 to 4,350,000
Harrah's Entertainment (NYSE: HET) from 350,000 to 700,000
Molex (Nasdaq: MOLX) from 181,700 to 2,800,000
Synovus (NYSE: SNV) from 7,375,000 to 8,335,000
Lowered Positions:
ACADIA Pharmaceutics (Nasdaq: ACAD) from 475,000 to 0
ACORDA Therapeutics (Nasdaq: ACOR) from 1,000,000 to 0
Alkermes (NYSE: CCU) from 1,466,640 to 0
Apartment Inv & Mgmt (NYSE: AIV) from 755,000 to 0
ATP Oil & Gas (Nasdaq: ATPG) from 2,500,000 to 0
BEA Systems (Nasdaq: BEAS) from 9,650,000 to 9,500,000
Burlington Northern (NYSE: BNI) from 325,000 to 0
CIT Group (NYSE: CIT) from 750,000 to 0 shares
Citadel Broadcasting (NYSE: CDL) from 4,396,163 to 0 shares
CSX Corp (NYSE: CSX) from 2,000,000 to 0 shares
CV Therapeutics (Nasdaq: CVTX) from 5,900,000 to 5,450,000
Cypress Biosciences (Nasdaq: CYPB) from 100,000 to 0 shares
CBS (NYSE: CBS) from 350,000 to 0
Cephalon (Nasdaq: CEPH) from 200,000 to 0 shares
Charming Shoppes (Nasdaq: CHRS) from 5,250,000 to 0
Dominion Res (NYSE: D) from 400,000 to 0.
Dade Behring (NYSE: DADE) from 4,000,000 to 3,000,000
Douglas Emmett (NYSE: DEI) from 2,750,000 to 0.
Eaton Vance (NYSE: EV) from 100,000 to 0.
Embarq from (NYSE: EQ) 225,000 to 0
Exco Resources (NYSE: XCO) from 4,300,000 to 3,000,000
Flamel (Nasdaq: FLML) from 920,000 to 0 (Wow--what a drop in price & value)
Granite Cons (NYSE: GVA) from 3,250,000 to 2,900,000
Koninklijke Philips (NYSE: PHG) from 400,000 to 55,000 shares
Greenlight Capital RE (Nasdaq: GLRE) from 800,000 to 750,000
Herbalife (NYSE: HLF) from 1,000,000 to 0
Home Solutions (Nasdaq: HSOA) from 100,000 to 0
ICICI Bank (NYSE: IBN) from 1,100,000 to 0
ICO Global (Nasdaq: ICOG) from 2,245,000 to 0
IHOP Corp (NYSE: IHP) from 1,255,000 to 0
Infineon (NYSE: IFX) from 2,600,000 to 0
Invesco (NYSE: IVZ) from 850,000 to 0
Invitrogen (Nasdaq: IVGN) from 750,000 to 450,000
IRSA Inversiones (NYSE: IRS) from 1,000,000 to 0
Kansas City Southern (NYSE: KSU) from 2,000,000 to 0
Leap Wireless (Nasdaq: LEAP) from 575,000 to 0
Linn Energy (Nasdaq: LINE) from 1,733,331 to 0
Loral Space (Nasdaq: LORL) from 350,862 to 110,000
Martin Marietta (NYSE: MLM) from 550,000 to 0
Massey Energy (NYSE: MEE) from 4,800,000 to 0
Mastercard (NYSE: MA) from 1,600,000 to 100,000
Medis Technologies (Nasdaq: MDTL) from 100,000 to 0
Norfolk Southern (NYSE: NSC) from 1,350,000 to 0
Nustar Group (NYSE: NS) from 2,000,000 to 206,200
NYSE Euronext (NYSE: NYX) from 4,849,700 to 2,700,000
OM Group (NYSE: OMG) from 2,050,000 to 1,700,000
Onyx Pharm (Nasdaq: ONXX) from 500,000 to 0
Post (NYSE: PPS) from 165,000 to 0
PDL Biopharma (Nasdaq: PDLI) from 11,400,000 to 11,300,000
Proshares Ultrashort QQQ (AMEX: QID) from 1,100,000 to 0
Sunpower (Nasdaq: SPWR) from 336,800 to 160,700
Symantec (Nasdaq: SYMC) from 500,000 to 0
Talisman Energy (NYSE: TLM) from 1,000,000 to 0
UBS (NYSE: UBS) from 2,500,000 to 0
Union Pacific (NYSE: UNP) from 700,000 to 0
United Therapeutics (Nasdaq: UTHR) from 250,000 to 0
Veeco Ins (Nasdaq: VECO) from 1,425,000 to 0
Verigy (Nasdaq: VRGY) from 800,000 to 0
Willbros Group (NYSE: WG) from 1,500,000 to 0
Maintained Positions:
Abraxas Petroleum (AMEX: ANX), Ariad Pharm (Nasdaq: ARIA), Biofuel Energy (Nasdaq: BIOF), Clear Channel (NYSE: CCU), Flow International (Nasdaq: FLOW), Nabi Biopharm (Nasdaq: NABI), Pogo Producing (Nasdaq: POGO) "Company Sold)", Questar (NYSE: STR), TXU Corp (NYSE: TXU),
Vantage Energy Services (AMEX: VTG), Victory Acquisition (AMEX: VRY), Ligand Pharm (Nasdaq: LGND).
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New Positions:
Advanced Medical Optics (NYSE: EYE) 505,000 shares
Applera Corp-Applied Biosystems Group (NYSE: ABI) 649,026 shares
Bear Stearns (NYSE: BSC) 200,000
Ceridian (NYSE: CEN) 1,700,000 (Company Sold)
Diamler Chrysler (NYSE: DAI) 422,000
Gentium (Nasdaq: GENT) 705,000
Horsehead Holding (Nasdaq: ZINC) 270,0000
Imclone Systems (Nasdaq: IMCL) 250,000
Johnson & Johnson (NYSE: JNJ) 500,000
Lyondell Chemical (NYSE: LYO) 3,000,000
Medicis Pharm (NYSE: MRX) 450,000
Mirant Corp (NYSE: MIR) 4,000,000
Qimonda (NYSE: QI) 2,750,000
Qualcomm (Nasdaq: QCOM) 1,100,000
Salix Pharm (Nasdaq: SLXP) 1,100,000
Sears Holdings (Nasdaq: SHLD) 650,000
Sepracor (Nasdaq: SEPR) 450,000
SLM Corp (NYSE: SLM) 1,600,000
Starwood Hotels (NYSE: HOT) 200,000
Target (NYSE: TGT) 418,700
Raised Positions:
Applera (NYSE: ABI) from 200,000 shares to 500,000 shares
Atmel (Nasdaq: ATML) from 24,400,000 to 35,000,000 shares
Avaya (NYSE: AV) from 0 to 4,100,000 shares
Alltel (NYSE: AT) from 0 to 1,000,000
Eddie Bauer (Nasdaq: EBHI) from 1,425,000 to 1,900,000
Bausch & Lomb (NYSE: BOL) from 1,605,000 to 5,000,000 (bought out)
Candela (Nasdaq: CLZR) from 2,120,000 to 2,255,000 shares
Chipotle (NYSE: CMG) from 632,500 to 690,000 shares
Coleman Cable (Nasdaq: CCIX) from 666,667 to 791,667
Core Mark Holding (Nasdaq: CORE) from 878,500 to 1,064,200
Cypress Semiconductor (NYSE: CY) from 5,300,000 to 8,565,000 (Nice Move On This Stock
Depomed (Nasdaq: DEPO) from 4,735,000 to 7,050,000
Dillards (NYSE: DDS) from 1,000,000 to 2,400,000 shares
Entertainment Dist (Nasdaq: EDCI) from 4,658,000 to 4,918,500
FEI Co (Nasdaq: FEIC) from 1,950,000 to 2,000,000 shares
Freedom Acquisition (AMEX: FRH) from 2,700,000 to 4,350,000
Harrah's Entertainment (NYSE: HET) from 350,000 to 700,000
Molex (Nasdaq: MOLX) from 181,700 to 2,800,000
Synovus (NYSE: SNV) from 7,375,000 to 8,335,000
Lowered Positions:
ACADIA Pharmaceutics (Nasdaq: ACAD) from 475,000 to 0
ACORDA Therapeutics (Nasdaq: ACOR) from 1,000,000 to 0
Alkermes (NYSE: CCU) from 1,466,640 to 0
Apartment Inv & Mgmt (NYSE: AIV) from 755,000 to 0
ATP Oil & Gas (Nasdaq: ATPG) from 2,500,000 to 0
BEA Systems (Nasdaq: BEAS) from 9,650,000 to 9,500,000
Burlington Northern (NYSE: BNI) from 325,000 to 0
CIT Group (NYSE: CIT) from 750,000 to 0 shares
Citadel Broadcasting (NYSE: CDL) from 4,396,163 to 0 shares
CSX Corp (NYSE: CSX) from 2,000,000 to 0 shares
CV Therapeutics (Nasdaq: CVTX) from 5,900,000 to 5,450,000
Cypress Biosciences (Nasdaq: CYPB) from 100,000 to 0 shares
CBS (NYSE: CBS) from 350,000 to 0
Cephalon (Nasdaq: CEPH) from 200,000 to 0 shares
Charming Shoppes (Nasdaq: CHRS) from 5,250,000 to 0
Dominion Res (NYSE: D) from 400,000 to 0.
Dade Behring (NYSE: DADE) from 4,000,000 to 3,000,000
Douglas Emmett (NYSE: DEI) from 2,750,000 to 0.
Eaton Vance (NYSE: EV) from 100,000 to 0.
Embarq from (NYSE: EQ) 225,000 to 0
Exco Resources (NYSE: XCO) from 4,300,000 to 3,000,000
Flamel (Nasdaq: FLML) from 920,000 to 0 (Wow--what a drop in price & value)
Granite Cons (NYSE: GVA) from 3,250,000 to 2,900,000
Koninklijke Philips (NYSE: PHG) from 400,000 to 55,000 shares
Greenlight Capital RE (Nasdaq: GLRE) from 800,000 to 750,000
Herbalife (NYSE: HLF) from 1,000,000 to 0
Home Solutions (Nasdaq: HSOA) from 100,000 to 0
ICICI Bank (NYSE: IBN) from 1,100,000 to 0
ICO Global (Nasdaq: ICOG) from 2,245,000 to 0
IHOP Corp (NYSE: IHP) from 1,255,000 to 0
Infineon (NYSE: IFX) from 2,600,000 to 0
Invesco (NYSE: IVZ) from 850,000 to 0
Invitrogen (Nasdaq: IVGN) from 750,000 to 450,000
IRSA Inversiones (NYSE: IRS) from 1,000,000 to 0
Kansas City Southern (NYSE: KSU) from 2,000,000 to 0
Leap Wireless (Nasdaq: LEAP) from 575,000 to 0
Linn Energy (Nasdaq: LINE) from 1,733,331 to 0
Loral Space (Nasdaq: LORL) from 350,862 to 110,000
Martin Marietta (NYSE: MLM) from 550,000 to 0
Massey Energy (NYSE: MEE) from 4,800,000 to 0
Mastercard (NYSE: MA) from 1,600,000 to 100,000
Medis Technologies (Nasdaq: MDTL) from 100,000 to 0
Norfolk Southern (NYSE: NSC) from 1,350,000 to 0
Nustar Group (NYSE: NS) from 2,000,000 to 206,200
NYSE Euronext (NYSE: NYX) from 4,849,700 to 2,700,000
OM Group (NYSE: OMG) from 2,050,000 to 1,700,000
Onyx Pharm (Nasdaq: ONXX) from 500,000 to 0
Post (NYSE: PPS) from 165,000 to 0
PDL Biopharma (Nasdaq: PDLI) from 11,400,000 to 11,300,000
Proshares Ultrashort QQQ (AMEX: QID) from 1,100,000 to 0
Sunpower (Nasdaq: SPWR) from 336,800 to 160,700
Symantec (Nasdaq: SYMC) from 500,000 to 0
Talisman Energy (NYSE: TLM) from 1,000,000 to 0
UBS (NYSE: UBS) from 2,500,000 to 0
Union Pacific (NYSE: UNP) from 700,000 to 0
United Therapeutics (Nasdaq: UTHR) from 250,000 to 0
Veeco Ins (Nasdaq: VECO) from 1,425,000 to 0
Verigy (Nasdaq: VRGY) from 800,000 to 0
Willbros Group (NYSE: WG) from 1,500,000 to 0
Maintained Positions:
Abraxas Petroleum (AMEX: ANX), Ariad Pharm (Nasdaq: ARIA), Biofuel Energy (Nasdaq: BIOF), Clear Channel (NYSE: CCU), Flow International (Nasdaq: FLOW), Nabi Biopharm (Nasdaq: NABI), Pogo Producing (Nasdaq: POGO) "Company Sold)", Questar (NYSE: STR), TXU Corp (NYSE: TXU),
Vantage Energy Services (AMEX: VTG), Victory Acquisition (AMEX: VRY), Ligand Pharm (Nasdaq: LGND).
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