13F Insights: What Third Point Bought
Dan Loeb’s Third Point showed that it upped its Baxter (BAX) stake by 10x, something we already knew. It's the fund's largest holding.
But there are more important things going on at Third Point, with the fund adding Kraft Heinz (KHC) to its portfolio, as well as Time Warner Cable (TWC), Avago (AVGO) and Danaher (DHR).
Kraft is Third Point's 6th largest position.
It was also adding to its current holdings, buying more Amgen (AMGN), Allergan (AGN), Yum! (YUM), Molson Coors (TAP) and Dow (DOW).