Eton Park Capital Management, L.P.
Follow13F filer, CIK 1314588, NEW YORK, NY
Eton Park Capital Management, L.P. reported $6,354,327,000 across 36 holdings for the quarter ended 2015-12-31, in a 13F-HR filed 2016-02-16. Its ten largest share positions make up 75.92% of the portfolio.
Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001314588-16-000010
- Period
- 2015-12-31
- Reported value
- $6.35B
- Holdings
- 36
- Top 10 weight
- 75.92%
- New
- 18
- Sold out
- 11
Largest buys vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| E M C CORP MASSnew | +13,810,765 | $355M |
| ALLERGAN PLCnew | +948,569 | $296M |
| TIME WARNER CABLE INCnew | +1,535,895 | $285M |
| KEURIG GREEN MTN INCnew | +2,579,595 | $232M |
| ADSKnew | +2,382,705 | $145M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Largest sells vs the previous quarter
| Security | Shares change | Approx. value |
|---|---|---|
| PRGOreduced | -2,143,533 | -$310M |
| WMBexited | -3,353,637 | -$124M |
| MSFTreduced | -2,096,000 | -$116M |
| ADBEreduced | -791,357 | -$74.3M |
| B/E AEROSPACE INCexited | -1,215,679 | -$53.4M |
Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.
Holdings, Q4 2015
Share positions as resolved from 13F-HR 0001314588-16-000010, largest first. % of portfolio is the value over $3,803,412,000, the sum of the share positions whose value is usable for ratios (method).
| Security | History | Shares | Value | % of portfolio | Change | Latest event | Timeline |
|---|---|---|---|---|---|---|---|
| MSFTMICROSOFT CORP | 8,537,500 | $474M | 12.45% | -2,096,000 | Timeline | ||
| BROADCOM CORPBROADCOM CORP | 6,445,266 | $373M | 9.8% | +1,763,000 | |||
| E M C CORP MASSE M C CORP MASS | 13,810,765 | $355M | 9.32% | new | |||
| ALLERGAN PLCALLERGAN PLC | 948,569 | $296M | 7.79% | new | |||
| SHWSHERWIN WILLIAMS CO | 1,117,500 | $290M | 7.63% | 0 | Timeline | ||
| TIME WARNER CABLE INCTIME WARNER CABLE INC | 1,535,895 | $285M | 7.49% | new | |||
| KEURIG GREEN MTN INCKEURIG GREEN MTN INC | 2,579,595 | $232M | 6.1% | new | |||
| SBA COMMUNICATIONS CORPSBA COMMUNICATIONS CORP | 2,026,200 | $213M | 5.6% | 0 | |||
| ADBEADOBE INC | 2,156,043 | $203M | 5.33% | -791,357 | Timeline | ||
| AWIARMSTRONG WORLD INDS INC NEW | 3,665,617 | $168M | 4.41% | 0 | Timeline | ||
| ADSKAUTODESK INC | 2,382,705 | $145M | 3.82% | new | Timeline | ||
| CIGNA CORPORATIONCIGNA CORPORATION | 951,602 | $139M | 3.66% | -180,888 | |||
| JARDEN CORPJARDEN CORP | 2,299,600 | $131M | 3.45% | new | |||
| PRGOPERRIGO CO PLC | 843,318 | $122M | 3.21% | -2,143,533 | Timeline | ||
| AERAERCAP HOLDINGS NV | 2,209,398 | $95.4M | 2.51% | -1,170,452 | Timeline | ||
| HUMHUMANA INC | 364,285 | $65M | 1.71% | new | Timeline | ||
| RITEAID CORPRITEAID CORP | 8,203,124 | $64.3M | 1.69% | new | |||
| AIRGAS INCAIRGAS INC | 402,800 | $55.7M | 1.46% | new | |||
| CRTOCRITEO S A | 1,031,485 | $40.8M | 1.07% | +124,000 | Timeline | ||
| SanDisk CorporationSanDisk Corporation | 466,855 | $35.5M | 0.93% | new | |||
| OFFICE DEPOT INCOFFICE DEPOT INC | 3,746,684 | $21.1M | 0.56% | -8,754,383 |
Options
Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).
| Security | Type | Amount | Value | Change |
|---|---|---|---|---|
| DXJWISDOMTREE TR JAPN HEDGE EQT | call | 10,000,000 | $501M | -8,000,000 |
| SHWSHERWIN WILLIAMS CO COM | call | 1,200,000 | $312M | +500,000 |
| PowerShares QQQ Trust Unit …PowerShares QQQ Trust Unit Ser COM | call | 2,000,000 | $224M | new |
| SPYSTATE STR SPDR S&P 500 ETF T SHS | put | 1,000,000 | $204M | new |
| IWMISHARES TR SHS | call | 1,500,000 | $169M | +500,000 |
| MSFTMICROSOFT CORP COM | call | 3,000,000 | $166M | -2,800,000 |
| EWZISHARES INC MSCI BRAZIL ETF | call | 7,500,000 | $155M | new |
| GOOGALPHABET INC COM | call | 200,000 | $152M | new |
| AMZNAMAZON COM INC COM | call | 200,000 | $135M | new |
| EEMISHARES TR MSCI EMG MKT ETF | call | 4,000,000 | $129M | 0 |
| ADSKAUTODESK INC Stock | call | 2,000,000 | $122M | new |
| BARCLAYS IPTH SRS B S&P SHR…BARCLAYS IPTH SRS B S&P SHRT TRM … IPATH S&P500 VIX | put | 4,500,000 | $90.6M | -2,000,000 |
| UNITED STATES OIL FUND LPUNITED STATES OIL FUND LP UNITS | call | 8,000,000 | $88M | new |
| AERAERCAP HOLDINGS NV Stock | call | 1,500,000 | $64.7M | new |
| EWYISHARES INC MSCI STH KOR ETF | call | 800,000 | $39.7M | -1,000,000 |
Sold out in Q4 2015
Positions in the previous quarter's report that this quarter's report no longer lists.
| Security | Shares before | Value before | Type |
|---|---|---|---|
| IWMISHARES TR | 3,000,000 | $328M | put |
| ADBEADOBE INC | 3,650,000 | $300M | call |
| GOOGLE INCGOOGLE INC | 435,000 | $265M | call |
| SPYSTATE STR SPDR S&P 500 ETF T | 1,000,000 | $192M | call |
| WMBWILLIAMS COS INC | 3,750,000 | $138M | call |
| WMBWILLIAMS COS INC | 3,353,637 | $124M | shares |
| B/E AEROSPACE INCB/E AEROSPACE INC | 1,215,679 | $53.4M | shares |
| PRGOPERRIGO CO PLC | 300,000 | $47.2M | call |
| GOOGLE INCGOOGLE INC | 60,400 | $36.7M | shares |
| SNNSMITH & NEPHEW PLC | 567,193 | $19.9M | shares |
| CITIGROUP INCCITIGROUP INC | 28,453,801 | $285K | shares |
How Q4 2015 was built
Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).
| Filing | Role | Amendment | Filed | Accepted | Ingested |
|---|---|---|---|---|---|
| 13F-HR 0001314588-16-000010 | base | 2016-02-16 | acceptance time not in the bulk data set |