$2.68 Billion is the total value of Sachem Head Capital's 21 reported holdings in Q3 2022. The portfolio turnover from Q2 2022 to Q3 2022 was 35.0% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| IFF | INTERNATIONAL FLAVORS&FRAGRA | $568,254,000 | -23.7% | 6,256,239 | 0.0% | 21.18% | -5.6% | |
| USFD | US FOODS HLDG CORP | $500,585,000 | -13.8% | 18,932,877 | 0.0% | 18.66% | +6.6% | |
| OLN | OLIN CORP | $405,216,000 | -7.3% | 9,450,000 | 0.0% | 15.10% | +14.7% | |
| ELAN | Buy | ELANCO ANIMAL HEALTH INC | $355,367,000 | -35.0% | 28,635,500 | +2.9% | 13.24% | -19.5% |
| FLEX | Buy | FLEX LTDord | $177,762,000 | +110.0% | 10,670,000 | +82.4% | 6.62% | +159.9% |
| DEN | New | DENBURY INC | $123,266,000 | – | 1,429,000 | +100.0% | 4.59% | – |
| LIVN | Sell | LIVANOVA PLC | $77,932,000 | -29.1% | 1,535,000 | -12.8% | 2.90% | -12.3% |
| UBER | Sell | UBER TECHNOLOGIES INC | $67,045,000 | -28.4% | 2,530,000 | -44.7% | 2.50% | -11.4% |
| SMAR | Buy | SMARTSHEET INC | $57,381,000 | +35.7% | 1,670,000 | +24.2% | 2.14% | +67.9% |
| NEWR | Sell | NEW RELIC INC | $56,806,000 | -23.6% | 990,000 | -33.3% | 2.12% | -5.4% |
| ESTC | ELASTIC N V | $53,274,000 | +6.0% | 742,600 | 0.0% | 1.98% | +31.2% | |
| ARNC | Sell | ARCONIC CORPORATION | $50,529,000 | -55.8% | 2,965,308 | -27.3% | 1.88% | -45.3% |
| MNTV | MOMENTIVE GLOBAL INC | $40,467,000 | -34.0% | 6,965,000 | 0.0% | 1.51% | -18.3% | |
| CRM | Buy | SALESFORCE INC | $39,110,000 | +492.4% | 271,900 | +579.8% | 1.46% | +632.7% |
| PACTIV EVERGREEN INC | $29,464,000 | -12.3% | 3,375,000 | 0.0% | 1.10% | +8.5% | ||
| LYFT | New | LYFT INC | $24,694,000 | – | 1,875,000 | +100.0% | 0.92% | – |
| New | BAUSCH PLUS LOMB CORP | $21,936,000 | – | 1,430,000 | +100.0% | 0.82% | – | |
| OPEN | OPENDOOR TECHNOLOGIES INC | $13,124,000 | -34.0% | 4,220,000 | 0.0% | 0.49% | -18.4% | |
| COMP | COMPASS INCcl a | $12,612,000 | -35.7% | 5,436,084 | 0.0% | 0.47% | -20.5% | |
| SPY | New | SPDR S&P 500 ETF TRtr unit | $8,322,000 | – | 23,300 | +100.0% | 0.31% | – |
| EQRX INC*w exp 12/17/202 | $164,000 | +1.2% | 200,000 | 0.0% | 0.01% | +20.0% | ||
| HAS | Exit | HASBRO INC | $0 | – | -620,000 | -100.0% | -1.53% | – |
| FDX | Exit | FEDEX CORP | $0 | – | -493,900 | -100.0% | -3.37% | – |
| ZEN | Exit | ZENDESK INC | $0 | – | -1,855,000 | -100.0% | -4.14% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2022-11-14
Signatures
The EDGAR filing(s) were signed by:
About Sachem Head Capital
Sachem Head Capital is a New York-based hedge fund that was founded in 2012 by Scott Ferguson, a former partner at Bill Ackman's Pershing Square Capital Management. The firm manages approximately $4 billion in assets and focuses on long-term investments in undervalued companies with strong growth potential.
One of the key figures at Sachem Head Capital is Ferguson himself, who serves as the firm's Chief Investment Officer. Prior to founding Sachem Head, Ferguson spent over a decade at Pershing Square, where he was responsible for managing the firm's investments in a variety of industries, including healthcare, consumer goods, and financial services.
Another important member of the Sachem Head team is Brian Slingerland, who serves as the firm's Chief Operating Officer. Slingerland joined Sachem Head in 2013 after spending several years at Goldman Sachs, where he worked in the firm's investment banking division.
Despite its relatively short history, Sachem Head has already made a name for itself in the investment world, thanks in part to its successful investments in companies like Dollar Tree, Zoetis, and Dollar General. The firm's investment strategy is focused on identifying companies that are undervalued by the market, but have strong fundamentals and the potential for long-term growth. While Sachem Head's investments are primarily focused on the US market, the firm also has a significant presence in Europe and Asia.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| US FOODS HLDG CORP | 19 | Q1 2023 | 31.0% |
| SALESFORCE INC | 18 | Q1 2023 | 14.6% |
| FLEX LTD | 15 | Q1 2023 | 9.0% |
| CDK GLOBAL INC | 14 | Q1 2018 | 45.8% |
| OLIN CORP | 13 | Q1 2023 | 17.9% |
| UBER TECHNOLOGIES INC | 12 | Q1 2023 | 7.2% |
| AUTODESK INC | 11 | Q4 2018 | 46.0% |
| ELANCO ANIMAL HEALTH INC | 10 | Q4 2022 | 29.8% |
| ALLERGAN PLC | 10 | Q1 2020 | 23.5% |
| COMCAST CORP NEW | 10 | Q2 2020 | 10.7% |
View Sachem Head Capital's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Elanco Animal Health Inc | December 22, 2022 | 9,635,500 | 2.0% |
| OLIN Corp | November 15, 2022 | 6,465,160 | 4.7% |
| US Foods Holding Corp. | May 10, 2022 | 19,434,852 | 8.7% |
| Anaplan, Inc. | March 21, 2022 | 7,316,900 | 5.0% |
| Katapult Holdings, Inc. | February 11, 2022 | ? | ? |
| Sema4 Holdings Corp. | February 11, 2022 | ? | ? |
| FinServ Acquisition Corp. | April 30, 2021 | 2,540,000 | 9.9% |
| EAGLE MATERIALS INC | October 20, 2020 | 1,942,834 | 4.6% |
| CM Life Sciences, Inc. | September 11, 2020 | 3,465,000 | 7.8% |
| AUTODESK INC | June 22, 2017 | 6,642,681 | 3.0% |
View Sachem Head Capital's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 4 | 2023-05-22 |
| 13F-HR | 2023-05-15 |
| 13F-HR | 2023-02-10 |
| SC 13D/A | 2022-12-22 |
| SC 13D/A | 2022-11-15 |
| 13F-HR | 2022-11-14 |
| SC 13D/A | 2022-11-10 |
| SC 13D/A | 2022-09-09 |
| 13F-HR | 2022-08-12 |
| 4 | 2022-05-24 |
View Sachem Head Capital's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.