13-F Update: Dan Loeb's Third Point Capital

Third Point Capital, the New York-based hedge fund run by Dan Loeb, released its second-quarter 13-F after the closing bell on Tuesday. The fund disclosed a slew of new positions, with a particularly heavy concentration in health insurance stocks. Among the new stakes are American International Group AIG, Aetna AET, Cigna CI, Humana HUM, United Health Group UNH, and Wellpoint WLP. The buying spree in healthcare stocks coincides with similar moves made by David Einhorn's Greenlight Capital. The funds may have been betting on Obamacare being overturned by the Supreme Court, or they may like Mitt Romney's chances in the upcoming Presidential elections. If Obamacare were to be overturned, it could provide a catalyst for healthcare stocks. In his second-quarter investment letter, Einhorn noted that there could be some political headwinds for the sector, but said that many healthcare stocks were cheap, irregardless of political considerations. Loeb's fund purchased 900,000 shares of Aetna; 1.7 million shares of Cigna; 475,000 shares of Humana; 1.8 million shares of UnitedHealth; and 850,000 shares of WellPoint. During the second-quarter, Third Point also purchased a substantial number of Chesapeake Energy CHK shares and added to its large position in Yahoo! YHOO. Third Point also added stakes in Cabot Oil & Gas COG, Enphase Energy ENPH, Coca-Cola Enterprises CCE, Informatica INFA, News Corp. NWSA and Westlake Chemical WLK. The hedge fund also added to its holdings in Apple AAPL. Among the stocks that Third Point sold in the second-quarter were Goldman Sachs GS, Wells Fargo WFC, Abercrombie & Fitch ANF, Cisco Systems CSCO and Barrick Gold ABX.