← Latest Third Point portfolio

Third Point portfolio · 2007-09-30

Form 13F reports holdings as of 2007-09-30 and was filed on 2008-08-14. It is delayed, can omit confidential positions, and is not the manager's current portfolio or fund NAV. Options show reported underlying value—not premium, net exposure, or investment intent.

Disclosed long book

$4.85 billion

Long positions

77

Calls / puts

2 / 1

Top 5 concentration

26.7%

Longs with AI data

2 / 77

Average AI 1Y

+13.8%

13F filing comparison

Quarter-over-quarter changes

2007-06-30 to 2007-09-30

Newly reported

34

No longer reported

50

Increased

16

Reduced

17

Newly reported this quarter

Present now and absent from the immediately preceding comparable filing.

PositionKindSharesValue

SLM CORP

SLM CORP

CALL200,000$430,000

MIRANT CORP NEW

MIRANT CORP NEW

LONG4,000,000$162.7 million

LYONDELL CHEMICAL CO

LYONDELL CHEMICAL CO

LONG3,000,000$139.1 million

SEARS HLDGS CORP

SEARS HLDGS CORP

LONG650,000$82.7 million

SLM CORP

SLM CORP

LONG1,600,000$79.5 million

MOLEX INC

MOLEX INC

LONG2,800,000$75.4 million

SPDR TR

SPDR TR

LONG457,700$71.8 million

ALLTEL CORP

ALLTEL CORP

LONG1,000,000$69.7 million

AVAYA INC

AVAYA INC

LONG4,100,000$69.5 million

HILTON HOTELS CORP

HILTON HOTELS CORP

LONG1,400,000$65.1 million

CERIDIAN CORP NEW

CERIDIAN CORP NEW

LONG1,700,000$59.1 million

HORSEHEAD HLDG CORP

HORSEHEAD HLDG CORP

LONG2,700,000$59.0 million

QCOM

QUALCOMM INC

LONG1,100,000$46.5 million

WEYERHAEUSER CO

WEYERHAEUSER CO

LONG600,000$43.4 million

MYLAN INC

MYLAN INC

LONG2,150,000$34.3 million

JNJ

Johnson & Johnson

LONG500,000$32.9 million

QIMONDA AG

QIMONDA AG

LONG2,750,000$31.1 million

TARGET CORP

TARGET CORP

LONG418,700$26.6 million

GENTIUM S P A

GENTIUM S P A

LONG705,000$16.2 million

ADVANCED MEDICAL OPTICS INC

ADVANCED MEDICAL OPTICS INC

LONG505,000$15.4 million

MEDICIS PHARMACEUTICAL CORP

MEDICIS PHARMACEUTICAL CORP

LONG450,000$13.7 million

SALIX PHARMACEUTICALS INC

SALIX PHARMACEUTICALS INC

LONG1,100,000$13.7 million

SEPRACOR INC

SEPRACOR INC

LONG450,000$12.4 million

FREEDOM ACQUISITION HLDGS IN

FREEDOM ACQUISITION HLDGS IN

LONG4,050,000$12.4 million

STARWOOD HOTELS&RESORTS WRLD

STARWOOD HOTELS&RESORTS WRLD

LONG200,000$12.2 million

GUITAR CTR MGMT INC

GUITAR CTR MGMT INC

LONG200,000$11.9 million

ALPHARMA INC

ALPHARMA INC

LONG500,000$10.7 million

IMCLONE SYS INC

IMCLONE SYS INC

LONG250,000$10.3 million

TERRESTAR CORP

TERRESTAR CORP

LONG1,000,000$9.6 million

VALEANT PHARMACEUTICALS INTL

VALEANT PHARMACEUTICALS INTL

LONG465,000$7.2 million

XINHUA FIN MEDIA LTD

XINHUA FIN MEDIA LTD

LONG475,000$3.6 million

VANTAGE ENERGY SERVICES INC

VANTAGE ENERGY SERVICES INC

LONG1,875,000$2.1 million

VICTORY ACQUISITION CORP

VICTORY ACQUISITION CORP

LONG1,500,000$2.0 million

BEAR STEARNS COS INC

BEAR STEARNS COS INC

PUT200,000$418,000

No longer reported this quarter

Present in the prior comparable filing and absent from this one.

PositionKindPrior sharesPrior value

APARTMENT INVT & MGMT CO

APARTMENT INVT & MGMT CO · CL A

LONG755,000$38.1 million

ACADIA PHARMACEUTICALS INC

ACADIA PHARMACEUTICALS INC · COM

LONG475,000$6.5 million

ACORDA THERAPEUTICS INC

ACORDA THERAPEUTICS INC · COM

LONG1,000,000$17.1 million

AEROFLEX INC

AEROFLEX INC · COM

LONG1,260,000$17.9 million

ATP OIL & GAS CORP

ATP OIL & GAS CORP · COM

LONG2,500,000$121.6 million

BURLINGTON NORTHN SANTA FE C

BURLINGTON NORTHN SANTA FE C · COM

LONG325,000$27.7 million

CBS CORP NEW

CBS CORP NEW · CL B

LONG350,000$11.7 million

CEPHALON INC

CEPHALON INC · COM

LONG200,000$16.1 million

CHARMING SHOPPES INC

CHARMING SHOPPES INC · COM

LONG5,250,000$56.9 million

CIT GROUP INC

CIT GROUP INC · COM

LONG750,000$41.1 million

CITADEL BROADCASTING CORP

CITADEL BROADCASTING CORP · COM

LONG4,396,163$28.4 million

CSX CORP

CSX CORP · COM

LONG2,000,000$90.2 million

CYPRESS BIOSCIENCES INC

CYPRESS BIOSCIENCES INC · COM PAR $.02

LONG100,000$1.3 million

DOMINION RES INC VA NEW

DOMINION RES INC VA NEW · COM

LONG400,000$34.5 million

DOUGLAS EMMETT INC

DOUGLAS EMMETT INC · COM

LONG2,750,000$68.0 million

EATON VANCE CORP

EATON VANCE CORP · COM NON VTG

PUT100,000$50,000

MEDIS TECHNOLOGIES LTD

MEDIS TECHNOLOGIES LTD · COM

LONG100,000$1.5 million

EMBARQ CORP

EMBARQ CORP · COM

LONG225,000$14.3 million

FLAMEL TECHNOLOGIES SA

FLAMEL TECHNOLOGIES SA · SPONSORED ADR

LONG920,000$19.3 million

FREEDOM ACQUISITION HLDGS IN

FREEDOM ACQUISITION HLDGS IN · *W EXP 12/28/201

LONG4,700,000$15.3 million

HERBALIFE LTD

HERBALIFE LTD · COM USD SHS

LONG1,000,000$39.6 million

HOME SOLUTIONS AMER INC

HOME SOLUTIONS AMER INC · COM

PUT100,000$160,000

ICICI BANK LIMITED

ICICI BANK LIMITED · ADR

LONG1,100,000$54.1 million

ICO GLOBAL COMM HLDGS LTD DE

ICO GLOBAL COMM HLDGS LTD DE · CL A

LONG2,245,000$7.8 million

IHOP CORP

IHOP CORP · COM

LONG1,255,000$68.3 million

INFINEON TECHNOLOGIES AG

INFINEON TECHNOLOGIES AG · SPONSORED ADR

LONG2,600,000$43.0 million

INVESCO PLC

INVESCO PLC · SPONSORED ADR

LONG850,000$22.0 million

IRSA INVERSIONES Y REP S A

IRSA INVERSIONES Y REP S A · GLOBL DEP RCPT

LONG1,000,000$18.5 million

KANSAS CITY SOUTHERN

KANSAS CITY SOUTHERN · COM NEW

LONG2,000,000$75.1 million

LEAP WIRELESS INTL INC

LEAP WIRELESS INTL INC · COM NEW

LONG575,000$48.6 million

LINN ENERGY LLC

LINN ENERGY LLC · UNIT LTD LIAB

LONG1,733,331$55.5 million

MARTIN MARIETTA MATLS INC

MARTIN MARIETTA MATLS INC · COM

LONG550,000$89.1 million

MASSEY ENERGY COMPANY

MASSEY ENERGY COMPANY · COM

LONG4,800,000$127.9 million

MOLEX INC

MOLEX INC · CL A

LONG181,700$4.8 million

NORFOLK SOUTHN CORP

NORFOLK SOUTHN CORP · COM

LONG1,350,000$71.0 million

NORTHERN ORION RES INC

NORTHERN ORION RES INC · COM

LONG8,600,000$48.9 million

ONYX PHARMACEUTICALS INC

ONYX PHARMACEUTICALS INC · COM

LONG500,000$13.4 million

POST PPTYS INC

POST PPTYS INC · COM

LONG165,000$8.6 million

PRICE T ROWE GROUP INC

PRICE T ROWE GROUP INC · COM

PUT100,000$113,000

PROSHARES TR

PROSHARES TR · ULTRASHORT QQQ

LONG1,100,000$50.2 million

SYMANTEC CORP

SYMANTEC CORP · COM

LONG500,000$10.1 million

Talisman Energy Inc

Talisman Energy Inc · COM

LONG1,000,000$19.3 million

UBS AG

UBS AG · SHS NEW

LONG150,000$9.0 million

UNION PAC CORP

UNION PAC CORP · COM

LONG700,000$80.6 million

UNITED THERAPEUTICS CORP DEL

UNITED THERAPEUTICS CORP DEL · COM

LONG250,000$15.9 million

VANTAGE ENERGY SERVICES INC

VANTAGE ENERGY SERVICES INC · *W EXP 99/99/999

LONG1,875,000$1.6 million

VEECO INSTRS INC DEL

VEECO INSTRS INC DEL · COM

LONG1,425,000$29.6 million

VERIGY LTD

VERIGY LTD · SHS

LONG800,000$22.9 million

VICTORY ACQUISITION CORP

VICTORY ACQUISITION CORP · *W EXP 04/24/201

LONG2,200,000$3.7 million

WILLBROS GROUP INC

WILLBROS GROUP INC · COM

LONG1,500,000$44.5 million

“No longer reported” means the position is absent from this comparable 13F filing. It does not prove the manager sold it: reporting thresholds, confidential treatment, corporate actions, or instrument changes can also explain the omission.

PositionKindSharesValueLong weightQuarter changeAI at filing · 1YAI now

BAUSCH & LOMB INC

BAUSCH & LOMB INC · COM · 071707103

LONG5,000,000$320.0 million6.6%INCREASED—

1Y —

5Y —

CYPRESS SEMICONDUCTOR CORP

CYPRESS SEMICONDUCTOR CORP · COM · 232806109

LONG8,565,000$250.2 million5.2%INCREASED—

1Y —

5Y —

POGO PRODUCING CO

POGO PRODUCING CO · COM · 730448107

LONG4,615,000$245.1 million5.1%UNCHANGED—

1Y —

5Y —

PDL BIOPHARMA INC

PDL BIOPHARMA INC · COM · 69329Y104

LONG11,300,000$244.2 million5.0%REDUCED—

1Y —

5Y —

SYNOVUS FINL CORP

SYNOVUS FINL CORP · COM · 87161C105

LONG8,335,000$233.8 million4.8%INCREASED—

1Y —

5Y —

DADE BEHRING HLDGS INC

DADE BEHRING HLDGS INC · COM · 23342J206

LONG3,000,000$229.1 million4.7%REDUCED—

1Y —

5Y —

NYSE EURONEXT

NYSE EURONEXT · COM · 629491101

LONG2,700,000$213.8 million4.4%REDUCED—

1Y —

5Y —

QUESTAR CORP

QUESTAR CORP · COM · 748356102

LONG3,500,000$183.9 million3.8%UNCHANGED—

1Y —

5Y —

ATMEL CORP

ATMEL CORP · COM · 049513104

LONG35,000,000$180.6 million3.7%INCREASED—

1Y —

5Y —

TXU CORP

TXU CORP · COM · 873168108

LONG2,500,000$171.2 million3.5%UNCHANGED—

1Y —

5Y —

MIRANT CORP NEW

MIRANT CORP NEW · COM · 60467R100

LONG4,000,000$162.7 million3.4%NEWLY REPORTED—

1Y —

5Y —

GRANITE CONSTR INC

GRANITE CONSTR INC · COM · 387328107

LONG2,900,000$153.8 million3.2%REDUCED—

1Y —

5Y —

LYONDELL CHEMICAL CO

LYONDELL CHEMICAL CO · COM · 552078107

LONG3,000,000$139.1 million2.9%NEWLY REPORTED—

1Y —

5Y —

MASTERCARD INCORPORATED

MASTERCARD INCORPORATED · CL A · 57636Q104

LONG900,000$133.2 million2.7%REDUCED—

1Y —

5Y —

BEA SYS INC

BEA SYS INC · COM · 073325102

LONG9,500,000$131.8 million2.7%REDUCED—

1Y —

5Y —

CLEAR CHANNEL COMMUNICATIONS

CLEAR CHANNEL COMMUNICATIONS · COM · 184502102

LONG2,750,000$103.0 million2.1%UNCHANGED—

1Y —

5Y —

OM GROUP INC

OM GROUP INC · COM · 670872100

LONG1,700,000$89.8 million1.9%REDUCED—

1Y —

5Y —

SEARS HLDGS CORP

SEARS HLDGS CORP · COM · 812350106

LONG650,000$82.7 million1.7%NEWLY REPORTED—

1Y —

5Y —

SLM CORP

SLM CORP · COM · 78442P106

LONG1,600,000$79.5 million1.6%NEWLY REPORTED—

1Y —

5Y —

MOLEX INC

MOLEX INC · COM · 608554101

LONG2,800,000$75.4 million1.6%NEWLY REPORTED—

1Y —

5Y —

CHIPOTLE MEXICAN GRILL INC

CHIPOTLE MEXICAN GRILL INC · CL B · 169656204

LONG690,000$73.8 million1.5%INCREASED—

1Y —

5Y —

SPDR TR

SPDR TR · UNIT SER 1 · 78462F103

LONG457,700$71.8 million—NEWLY REPORTED—

1Y —

5Y —

ALLTEL CORP

ALLTEL CORP · COM · 020039103

LONG1,000,000$69.7 million1.4%NEWLY REPORTED—

1Y —

5Y —

AVAYA INC

AVAYA INC · COM · 053499109

LONG4,100,000$69.5 million1.4%NEWLY REPORTED—

1Y —

5Y —

HILTON HOTELS CORP

HILTON HOTELS CORP · COM · 432848109

LONG1,400,000$65.1 million1.3%NEWLY REPORTED—

1Y —

5Y —

FEI CO

FEI CO · COM · 30241L109

LONG2,000,000$62.9 million1.3%INCREASED—

1Y —

5Y —

HARRAHS ENTMT INC

HARRAHS ENTMT INC · COM · 413619107

LONG700,000$60.9 million1.3%INCREASED—

1Y —

5Y —

CERIDIAN CORP NEW

CERIDIAN CORP NEW · COM · 156779100

LONG1,700,000$59.1 million1.2%NEWLY REPORTED—

1Y —

5Y —

HORSEHEAD HLDG CORP

HORSEHEAD HLDG CORP · COM · 440694305

LONG2,700,000$59.0 million1.2%NEWLY REPORTED—

1Y —

5Y —

DILLARDS INC

DILLARDS INC · CL A · 254067101

LONG2,400,000$52.4 million1.1%INCREASED—

1Y —

5Y —

EXCO RESOURCES INC

EXCO RESOURCES INC · COM · 269279402

LONG3,000,000$49.6 million1.0%REDUCED—

1Y —

5Y —

CV THERAPEUTICS INC

CV THERAPEUTICS INC · COM · 126667104

LONG5,450,000$48.9 million1.0%REDUCED—

1Y —

5Y —

FREEDOM ACQUISITION HLDGS IN

FREEDOM ACQUISITION HLDGS IN · COM · 35645F103

LONG4,350,000$48.9 million1.0%INCREASED—

1Y —

5Y —

QCOM

Qualcomm Inc.

LONG1,100,000$46.5 million1.0%NEWLY REPORTED—

1Y +18.9%

5Y +97.8% · 31 models

ALKERMES INC

ALKERMES INC · COM · 01642T108

LONG2,465,000$45.4 million0.9%REDUCED—

1Y —

5Y —

FLOW INTL CORP

FLOW INTL CORP · COM · 343468104

LONG5,060,000$43.7 million0.9%UNCHANGED—

1Y —

5Y —

WEYERHAEUSER CO

WEYERHAEUSER CO · COM · 962166104

LONG600,000$43.4 million0.9%NEWLY REPORTED—

1Y —

5Y —

DAIMLERCHRYSLER AG

DAIMLERCHRYSLER AG · ORD · D1668R123

LONG422,000$42.3 million—REDUCED—

1Y —

5Y —

CORE MARK HOLDING CO INC

CORE MARK HOLDING CO INC · COM · 218681104

LONG1,064,200$37.5 million0.8%INCREASED—

1Y —

5Y —

INVITROGEN CORP

INVITROGEN CORP · COM · 46185R100

LONG450,000$36.8 million0.8%REDUCED—

1Y —

5Y —

MYLAN INC

MYLAN INC · COM · 628530107

LONG2,150,000$34.3 million0.7%NEWLY REPORTED—

1Y —

5Y —

JNJ

Johnson & Johnson

LONG500,000$32.9 million0.7%NEWLY REPORTED—

1Y +8.8%

5Y +43.9% · 31 models

QIMONDA AG

QIMONDA AG · SPONSORED ADR · 746904101

LONG2,750,000$31.1 million0.6%NEWLY REPORTED—

1Y —

5Y —

NABI BIOPHARMACEUTICALS

NABI BIOPHARMACEUTICALS · COM · 629519109

LONG6,890,000$28.0 million0.6%UNCHANGED—

1Y —

5Y —

TARGET CORP

TARGET CORP · COM · 87612E106

LONG418,700$26.6 million0.5%NEWLY REPORTED—

1Y —

5Y —

VICTORY ACQUISITION CORP

VICTORY ACQUISITION CORP · COM · 92644D100

LONG2,200,000$20.5 million0.4%UNCHANGED—

1Y —

5Y —

CANDELA CORP

CANDELA CORP · COM · 136907102

LONG2,255,000$19.1 million0.4%INCREASED—

1Y —

5Y —

APPLERA CORP

APPLERA CORP · COM AP BIO GRP · 038020103

LONG500,000$17.3 million0.4%INCREASED—

1Y —

5Y —

BAUER EDDIE HLDGS INC

BAUER EDDIE HLDGS INC · COM · 071625107

LONG1,900,000$16.3 million0.3%INCREASED—

1Y —

5Y —

GENTIUM S P A

GENTIUM S P A · SPONSORED ADR · 37250B104

LONG705,000$16.2 million0.3%NEWLY REPORTED—

1Y —

5Y —

ADVANCED MEDICAL OPTICS INC

ADVANCED MEDICAL OPTICS INC · COM · 00763M108

LONG505,000$15.4 million0.3%NEWLY REPORTED—

1Y —

5Y —

GREENLIGHT CAPITAL RE LTD

GREENLIGHT CAPITAL RE LTD · CLASS A · G4095J109

LONG750,000$15.2 million—REDUCED—

1Y —

5Y —

DEPOMED INC

DEPOMED INC · COM · 249908104

LONG7,050,000$14.5 million0.3%INCREASED—

1Y —

5Y —

VANTAGE ENERGY SERVICES INC

VANTAGE ENERGY SERVICES INC · COM · 92209F102

LONG1,875,000$14.3 million0.3%UNCHANGED—

1Y —

5Y —

MEDICIS PHARMACEUTICAL CORP

MEDICIS PHARMACEUTICAL CORP · CL A NEW · 584690309

LONG450,000$13.7 million0.3%NEWLY REPORTED—

1Y —

5Y —

SALIX PHARMACEUTICALS INC

SALIX PHARMACEUTICALS INC · COM · 795435106

LONG1,100,000$13.7 million0.3%NEWLY REPORTED—

1Y —

5Y —

SUNPOWER CORP

SUNPOWER CORP · COM CL A · 867652109

LONG160,700$13.3 million0.3%REDUCED—

1Y —

5Y —

SEPRACOR INC

SEPRACOR INC · COM · 817315104

LONG450,000$12.4 million0.3%NEWLY REPORTED—

1Y —

5Y —

FREEDOM ACQUISITION HLDGS IN

FREEDOM ACQUISITION HLDGS IN · *W EXP 12/28/20 · 35645F111

LONG4,050,000$12.4 million—NEWLY REPORTED—

1Y —

5Y —

STARWOOD HOTELS&RESORTS WRLD

STARWOOD HOTELS&RESORTS WRLD · COM · 85590A401

LONG200,000$12.2 million0.3%NEWLY REPORTED—

1Y —

5Y —

GUITAR CTR MGMT INC

GUITAR CTR MGMT INC · COM · 402040109

LONG200,000$11.9 million0.2%NEWLY REPORTED—

1Y —

5Y —

COLEMAN CABLE INC

COLEMAN CABLE INC · COM · 193459302

LONG791,667$11.0 million0.2%INCREASED—

1Y —

5Y —

LIGAND PHARMACEUTICALS INC

LIGAND PHARMACEUTICALS INC · CL B · 53220K207

LONG2,005,000$10.7 million0.2%UNCHANGED—

1Y —

5Y —

ALPHARMA INC

ALPHARMA INC · CL A · 020813101

LONG500,000$10.7 million0.2%NEWLY REPORTED—

1Y —

5Y —

IMCLONE SYS INC

IMCLONE SYS INC · COM · 45245W109

LONG250,000$10.3 million0.2%NEWLY REPORTED—

1Y —

5Y —

TERRESTAR CORP

TERRESTAR CORP · COM · 881451108

LONG1,000,000$9.6 million0.2%NEWLY REPORTED—

1Y —

5Y —

ARIAD PHARMACEUTICALS INC

ARIAD PHARMACEUTICALS INC · COM · 04033A100

LONG1,600,000$7.4 million0.2%UNCHANGED—

1Y —

5Y —

VALEANT PHARMACEUTICALS INTL

VALEANT PHARMACEUTICALS INTL · COM · 91911X104

LONG465,000$7.2 million0.1%NEWLY REPORTED—

1Y —

5Y —

NUSTAR GP HOLDINGS LLC

NUSTAR GP HOLDINGS LLC · UNIT RESTG LLC · 67059L102

LONG206,200$6.4 million—REDUCED—

1Y —

5Y —

ENTERTAINMENT DIST CO INC

ENTERTAINMENT DIST CO INC · COM · 29382J105

LONG4,918,500$6.3 million0.1%INCREASED—

1Y —

5Y —

BIOFUEL ENERGY CORP

BIOFUEL ENERGY CORP · COM · 09064Y109

LONG1,250,000$6.2 million0.1%UNCHANGED—

1Y —

5Y —

ABRAXAS PETE CORP

ABRAXAS PETE CORP · COM · 003830106

LONG1,207,572$4.5 million0.1%UNCHANGED—

1Y —

5Y —

LORAL SPACE & COMMUNICATNS I

LORAL SPACE & COMMUNICATNS I · COM · 543881106

LONG110,000$4.4 million0.1%REDUCED—

1Y —

5Y —

XINHUA FIN MEDIA LTD

XINHUA FIN MEDIA LTD · SPONSORED ADR · 983982109

LONG475,000$3.6 million0.1%NEWLY REPORTED—

1Y —

5Y —

KONINKLIJKE PHILIPS ELECTRS

KONINKLIJKE PHILIPS ELECTRS · NY REG SH NEW · 500472303

LONG55,000$2.5 million—REDUCED—

1Y —

5Y —

VANTAGE ENERGY SERVICES INC

VANTAGE ENERGY SERVICES INC · *W EXP 99/99/99 · 92209F110

LONG1,875,000$2.1 million—NEWLY REPORTED—

1Y —

5Y —

VICTORY ACQUISITION CORP

VICTORY ACQUISITION CORP · *W EXP 04/24/20 · 92644D118

LONG1,500,000$2.0 million—NEWLY REPORTED—

1Y —

5Y —

MASTERCARD INCORPORATED

MASTERCARD INCORPORATED · CL A · 57636Q104

CALL100,000$5.0 million—UNCHANGED—

1Y —

5Y —

SLM CORP

SLM CORP · COM · 78442P106

CALL200,000$430,000—NEWLY REPORTED—

1Y —

5Y —

BEAR STEARNS COS INC

BEAR STEARNS COS INC · COM · 073902108

PUT200,000$418,000—NEWLY REPORTED—

1Y —

5Y —

AI outlook values are averages across the latest successful run per covered model at the labeled cutoff. “No longer reported” does not necessarily mean sold; thresholds, confidential treatment, corporate actions, or instrument changes may explain an omission. Reviewed API mapping covers 1.6%of disclosed long-book value; exact editorial CUSIP mappings may add current-only AI coverage on this public page. Research use only. No warranty and not investment advice.