Third Point
SuperinvestorThird Point LLC
- SEC CIK
- 0001040273
- Manager
- Daniel Loeb
- Style
- Activist, Hedge fund
- Latest filing
- Aug 14, 2026
Holdings changes from Q4 2024 to Q1 2025
Long positions only; new, added, reduced and sold out are based on share counts. Pick any two quarters this institution filed.
- New
- 10
- Est. +$1.21B
- Added
- 9
- Est. +$366.9M
- Reduced
- 7
- Est. −$583.1M
- Sold out
- 9
- Est. −$1.72B
Portfolio value went from $7.44B to $6.37B (−$1.08B (−14.5%)); positions from 43 to 44 (+1).
All Q1 2025 holdingsAll Q4 2024 holdings
In the shares, value and % of portfolio columns, the top figure is Q1 2025 and the gray one below is Q4 2024. For stocks that split between the two quarters, Q4 2024 shares are converted at the split ratio before comparing.
| Security | Action | Shares | Share change | Value | Est. bought or sold | % of portfolio | Weight change (pp) |
|---|---|---|---|---|---|---|---|
| PCGPG&E Corp | AddedHistory | 51,100,00048,500,000 | +2,600,000+5.4% | $877.9M$978.7M | +$44.7M | 13.8%13.2% | +0.64 |
| AMZNAmazon Com Inc | ReducedHistory | 2,350,0003,450,000 | −1,100,000−31.9% | $447.1M$756.9M | −$209.3M | 7.0%10.2% | −3.15 |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | UnchangedHistory | 1,780,0001,780,000 | 00.0% | $295.5M$351.5M | $0 | 4.6%4.7% | −0.08 |
| LYVLive Nation Entertainment, Inc. | AddedHistory | 2,100,0001,720,000 | +380,000+22.1% | $274.2M$222.7M | +$49.6M | 4.3%3.0% | +1.31 |
| TDSTelephone & Data Systems Inc | AddedHistory | 6,760,0006,000,000 | +760,000+12.7% | $261.9M$204.7M | +$29.4M | 4.1%2.7% | +1.36 |
| CRHCRH Public Ltd Co | UnchangedHistory | 2,715,0002,715,000 | 00.0% | $238.8M$251.2M | $0 | 3.8%3.4% | +0.38 |
| BNBROOKFIELD Corp | ReducedHistory | 4,240,0004,990,000 | −750,000−15.0% | $222.2M$286.7M | −$39.3M | 3.5%3.9% | −0.36 |
| FLUTFlutter Entertainment plc | AddedHistory | 970,000870,000 | +100,000+11.5% | $214.9M$224.9M | +$22.2M | 3.4%3.0% | +0.35 |
| KVUEKenvue Inc. | NewHistory | 8,900,0000 | +8,900,000 | $213.4M$0 | +$213.4M | 3.4%0.0% | +3.35 |
| CPAYCorpay, Inc. | UnchangedHistory | 610,000610,000 | 00.0% | $212.7M$206.4M | $0 | 3.3%2.8% | +0.57 |
| APOApollo Global Management, Inc. | AddedHistory | 1,500,000400,000 | +1,100,000+275.0% | $205.4M$66.1M | +$150.6M | 3.2%0.9% | +2.34 |
| LPLALPL Financial Holdings Inc. | ReducedHistory | 625,000655,000 | −30,000−4.6% | $204.5M$213.9M | −$9.81M | 3.2%2.9% | +0.34 |
| ICEIntercontinental Exchange, Inc. | ReducedHistory | 1,100,0002,085,000 | −985,000−47.2% | $189.8M$310.7M | −$169.9M | 3.0%4.2% | −1.19 |
| COFCapital One Financial Corp | AddedHistory | 1,050,000925,000 | +125,000+13.5% | $188.3M$164.9M | +$22.4M | 3.0%2.2% | +0.74 |
| JJacobs Solutions Inc. | ReducedHistory | 1,400,0001,650,000 | −250,000−15.2% | $169.2M$220.5M | −$30.2M | 2.7%3.0% | −0.30 |
| CRSCarpenter Technology Corp | UnchangedHistory | 870,000870,000 | 00.0% | $157.6M$147.6M | $0 | 2.5%2.0% | +0.49 |
| EQTEQT Corp | UnchangedHistory | 2,950,0002,950,000 | 00.0% | $157.6M$136.0M | $0 | 2.5%1.8% | +0.65 |
| NVDANVIDIA Corp | NewHistory | 1,450,0000 | +1,450,000 | $157.2M$0 | +$157.2M | 2.5%0.0% | +2.47 |
| CSGPCostar Group, Inc. | NewHistory | 1,975,0000 | +1,975,000 | $156.5M$0 | +$156.5M | 2.5%0.0% | +2.46 |
| XUnited States Steel Corp | NewHistory | 3,625,0000 | +3,625,000 | $153.2M$0 | +$153.2M | 2.4%0.0% | +2.41 |
| FTVFortive Corp | UnchangedHistory | 1,900,0001,900,000 | 00.0% | $139.0M$142.5M | $0 | 2.2%1.9% | +0.27 |
| CASYCaseys General Stores Inc | NewHistory | 300,0000 | +300,000 | $130.2M$0 | +$130.2M | 2.0%0.0% | +2.05 |
| DFSDiscover Financial Services | AddedHistory | 740,000640,000 | +100,000+15.6% | $126.3M$110.9M | +$17.1M | 2.0%1.5% | +0.49 |
| MSFTMicrosoft Corp | ReducedHistory | 315,000600,000 | −285,000−47.5% | $118.2M$252.9M | −$107.0M | 1.9%3.4% | −1.54 |
| TLNTalen Energy Corp | NewHistory | 585,0000 | +585,000 | $116.8M$0 | +$116.8M | 1.8%0.0% | +1.83 |
| TAT&T Inc. | NewHistory | 3,775,0000 | +3,775,000 | $105.6M$0 | +$105.6M | 1.7%0.0% | +1.66 |
| HESHess Corp | UnchangedHistory | 625,000625,000 | 00.0% | $99.8M$83.1M | $0 | 1.6%1.1% | +0.45 |
| VSTVistra Corp. | ReducedHistory | 850,0001,000,000 | −150,000−15.0% | $99.8M$137.9M | −$17.6M | 1.6%1.9% | −0.28 |
| PRMBPrimo Brands Corp | AddedHistory | 2,775,0002,400,000 | +375,000+15.6% | $98.5M$73.8M | +$13.3M | 1.5%1.0% | +0.55 |
| RBARB Global Inc. | NewHistory | 950,0000 | +950,000 | $95.3M$0 | +$95.3M | 1.5%0.0% | +1.50 |
| Apollo Global Mgmt Inc03769M304 | Unchanged– | 900,000900,000 | 00.0% | $65.8M$78.2M | $0 | 1.0%1.1% | −0.02 |
| SNSharkNinja, Inc. | NewHistory | 550,0000 | +550,000 | $45.9M$0 | +$45.9M | 0.7%0.0% | +0.72 |
| SHCOSoho House & Co Inc. | AddedHistory | 5,200,0002,352,076 | +2,847,924+121.1% | $32.1M$17.5M | +$17.6M | 0.5%0.2% | +0.27 |
| PINSPinterest, Inc. | NewHistory | 1,000,0000 | +1,000,000 | $31.0M$0 | +$31.0M | 0.5%0.0% | +0.49 |
| SDRLSEADRILL Ltd | UnchangedHistory | 1,025,0001,025,000 | 00.0% | $25.6M$39.9M | $0 | 0.4%0.5% | −0.13 |
| PG&E Corp69331CAL2 | –– | –10,000,000 | – | $10.6M$10.9M | – | 0.2%0.1% | +0.02 |
| HTZWWHertz Global Holdings, Inc | UnchangedHistory | 3,970,0003,970,000 | 00.0% | $8.97M$8.54M | $0 | 0.1%0.1% | +0.03 |
| AURAurora Innovation, Inc. | UnchangedHistory | 1,032,4631,032,463 | 00.0% | $6.94M$6.50M | $0 | 0.1%0.1% | +0.02 |
| PCG.PXPG&E Corp | UnchangedHistory | 140,000140,000 | 00.0% | $6.26M$6.97M | $0 | 0.1%0.1% | 0.00 |
| FLYXFlyexclusive Inc. | UnchangedHistory | 1,022,0001,022,000 | 00.0% | $3.18M$3.22M | $0 | <0.1%<0.1% | +0.01 |
| AUROWAurora Innovation, Inc. | UnchangedHistory | 1,835,0001,835,000 | 00.0% | $2.59M$1.95M | $0 | <0.1%<0.1% | +0.01 |
| Net Power Inc.64107A113 | Unchanged– | 500,000500,000 | 00.0% | $152.5K$1.80M | $0 | <0.1%<0.1% | −0.02 |
| Flyexclusive Inc.343928115 | Unchanged– | 367,499367,499 | 00.0% | $36.8K$66.2K | $0 | <0.1%<0.1% | 0.00 |
| Global Blue Group Holding AGH33700115 | Unchanged– | 1,333,3331,333,333 | 00.0% | $29.6K$40.7K | $0 | <0.1%<0.1% | 0.00 |
| DHRDanaher Corp | Sold outHistory | 01,900,000 | −1,900,000−100.0% | $0$436.1M | −$436.1M | 0.0%5.9% | −5.86 |
| METAMeta Platforms, Inc. | Sold outHistory | 0665,000 | −665,000−100.0% | $0$389.4M | −$389.4M | 0.0%5.2% | −5.23 |
| FERGFerguson Enterprises Inc. | Sold outHistory | 01,200,000 | −1,200,000−100.0% | $0$208.3M | −$208.3M | 0.0%2.8% | −2.80 |
| TSLATesla, Inc. | Sold outHistory | 0500,000 | −500,000−100.0% | $0$201.9M | −$201.9M | 0.0%2.7% | −2.71 |
| TMOThermo Fisher Scientific Inc. | Sold outHistory | 0350,000 | −350,000−100.0% | $0$182.1M | −$182.1M | 0.0%2.4% | −2.45 |
| WDAYWorkday, Inc. | Sold outHistory | 0500,000 | −500,000−100.0% | $0$129.0M | −$129.0M | 0.0%1.7% | −1.73 |
| CNKCinemark Holdings, Inc. | Sold outHistory | 03,750,000 | −3,750,000−100.0% | $0$116.2M | −$116.2M | 0.0%1.6% | −1.56 |
| Global Blue Group Holding AGH33700107 | Sold out– | 08,387,601 | −8,387,601−100.0% | $0$58.1M | −$58.1M | 0.0%0.8% | −0.78 |
| CCOClear Channel Outdoor Holdings, Inc. | Sold outHistory | 0900,000 | −900,000−100.0% | $0$1.23M | −$1.23M | 0.0%<0.1% | −0.02 |
Estimated amounts multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares): new positions use this quarter's value and sold-out positions last quarter's; positions reported only as principal (PRN) cannot be estimated. 13F shows only quarter-end holdings, not when trades happened or at what price.