Third Point
SuperinvestorThird Point LLC
- SEC CIK
- 0001040273
- Manager
- Daniel Loeb
- Style
- Activist, Hedge fund
- Latest filing
- Aug 14, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Feb 17, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 44
- 0 vs. Q3 2025
- Portfolio value
- $7.27B
- −$1.11B (−13.2%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Flyexclusive Inc.343928115 | *W EXP 05/28/202 | 367,499 | $104.7K | <0.1% | 00.0% | Unchanged | – |
| AUROWAurora Innovation, Inc. | EQUITY WRT | 1,835,000 | $413.1K | <0.1% | 00.0% | Unchanged | History |
| BHCBausch Health Companies Inc. | Stock | 350,000 | $2.43M | <0.1% | +250,000+250.0% | Added | History |
| AURAurora Innovation, Inc. | CLASS A COM | 1,032,463 | $3.96M | 0.1% | 00.0% | Unchanged | History |
| FLYXFlyexclusive Inc. | COM CL A | 1,022,000 | $4.20M | 0.1% | 00.0% | Unchanged | History |
| PCG.PXPG&E Corp | PFD CONV SER A | 140,000 | $5.74M | 0.1% | 00.0% | Unchanged | History |
| CTEVClaritev Corp | CL A NEW | 145,000 | $6.20M | 0.1% | +145,000 | New | History |
| SPRYARS Pharmaceuticals, Inc. | COM | 556,237 | $6.48M | 0.1% | +556,237 | New | History |
| PG&E Corp69331CAL2 | NOTE 4.250%12/0 | – | $10.3M | 0.1% | – | – | – |
| HTZWWHertz Global Holdings, Inc | Common Stock | 3,970,000 | $10.6M | 0.1% | 00.0% | Unchanged | History |
| CSXCSX Corp | Stock | 500,000 | $18.1M | 0.2% | +500,000 | New | History |
| WIXWix.com Ltd. | SHS | 225,000 | $23.4M | 0.3% | +225,000 | New | History |
| SRTAStrata Critical Medical, Inc. | CL A COM | 5,000,000 | $24.1M | 0.3% | 00.0% | Unchanged | History |
| TMOThermo Fisher Scientific Inc. | Stock | 50,000 | $29.0M | 0.4% | +50,000 | New | History |
| PGRProgressive Corp | Stock | 220,000 | $50.1M | 0.7% | +220,000 | New | History |
| KVUEKenvue Inc. | Stock | 3,250,000 | $56.1M | 0.8% | −5,750,000−63.9% | Reduced | History |
| SPOTSpotify Technology S.A. | Stock | 100,000 | $58.1M | 0.8% | +100,000 | New | History |
| FIXComfort Systems USA Inc | COM | 105,000 | $98.0M | 1.3% | −95,000−47.5% | Reduced | History |
| APGAPi Group Corp | COM STK | 3,000,000 | $114.8M | 1.6% | +3,000,000 | New | History |
| BABAAlibaba Group Holding Ltd | ADR | 825,000 | $120.9M | 1.7% | +825,000 | New | History |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ADR | 425,000 | $129.2M | 1.8% | −675,000−61.4% | Reduced | History |
| SNSharkNinja, Inc. | COM SHS | 1,200,000 | $134.3M | 1.8% | −600,000−33.3% | Reduced | History |
| DHRDanaher Corp | Stock | 600,000 | $137.4M | 1.9% | +550,000+1,100.0% | Added | History |
| VSTVistra Corp. | Stock | 1,005,000 | $162.1M | 2.2% | +70,000+7.5% | Added | History |
| CEGConstellation Energy Corp | Stock | 475,000 | $167.8M | 2.3% | +475,000 | New | History |
| CMGChipotle Mexican Grill Inc | COM | 4,725,000 | $174.8M | 2.4% | +4,725,000 | New | History |
| LPLALPL Financial Holdings Inc. | COM | 510,000 | $182.2M | 2.5% | −84,143−14.2% | Reduced | History |
| RKTRocket Companies, Inc. | Stock | 9,515,000 | $184.2M | 2.5% | +5,515,000+137.9% | Added | History |
| MTZMastec Inc | COM | 925,000 | $201.1M | 2.8% | +200,000+27.6% | Added | History |
| CSGPCostar Group, Inc. | COM | 3,165,000 | $212.8M | 2.9% | +148,000+4.9% | Added | History |
| LYVLive Nation Entertainment, Inc. | COM | 1,725,000 | $245.8M | 3.4% | +375,000+27.8% | Added | History |
| CRSCarpenter Technology Corp | COM | 785,000 | $247.1M | 3.4% | −65,000−7.6% | Reduced | History |
| CASYCaseys General Stores Inc | COM | 455,000 | $251.5M | 3.5% | −45,000−9.0% | Reduced | History |
| COFCapital One Financial Corp | Stock | 1,100,000 | $266.6M | 3.7% | −285,000−20.6% | Reduced | History |
| TDSTelephone & Data Systems Inc | COM NEW | 6,675,000 | $273.7M | 3.8% | −32,274−0.5% | Reduced | History |
| NSCNorfolk Southern Corp | Stock | 975,000 | $281.5M | 3.9% | −675,000−40.9% | Reduced | History |
| BNBROOKFIELD Corp | CL A LTD VT SH | 6,200,000 | $284.5M | 3.9% | +1,525,000+32.6% | Added | History |
| SGISomnigroup International Inc. | COM | 3,400,000 | $303.6M | 4.2% | +400,000+13.3% | Added | History |
| CRHCRH Public Ltd Co | ORD | 2,600,000 | $324.5M | 4.5% | +435,000+20.1% | Added | History |
| UNPUnion Pacific Corp | Stock | 1,810,000 | $418.7M | 5.8% | +935,000+106.9% | Added | History |
| MSFTMicrosoft Corp | Stock | 925,000 | $447.3M | 6.1% | −175,000−15.9% | Reduced | History |
| AMZNAmazon Com Inc | Stock | 2,165,000 | $499.7M | 6.9% | −645,000−23.0% | Reduced | History |
| NVDANVIDIA Corp | Stock | 2,950,000 | $550.2M | 7.6% | +100,000+3.5% | Added | History |
| PCGPG&E Corp | Stock | 34,300,000 | $551.2M | 7.6% | −15,800,000−31.5% | Reduced | History |
Sold out since Q3 2025 (11)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| FLUTFlutter Entertainment plc | SHS | 1,120,000 | $284.5M | 3.4% | History |
| COOPMaverick Merger Sub 2, LLC | COM | 925,000 | $195.0M | 2.3% | History |
| METAMeta Platforms, Inc. | Stock | 220,000 | $161.6M | 1.9% | History |
| TLNTalen Energy Corp | COM | 350,000 | $148.9M | 1.8% | History |
| JJacobs Solutions Inc. | COM | 915,000 | $137.1M | 1.6% | History |
| PRMBPrimo Brands Corp | CLASS A COM SHS | 5,775,000 | $127.6M | 1.5% | History |
| FNDFloor & Decor Holdings, Inc. | CL A | 1,330,000 | $98.0M | 1.2% | History |
| APOApollo Global Management, Inc. | COM | 650,000 | $86.6M | 1.0% | History |
| Apollo Global Mgmt Inc03769M304 | SER A MAND CNV | 900,000 | $63.3M | 0.8% | – |
| CORZCore Scientific, Inc. | COM | 3,000,000 | $53.8M | 0.6% | History |
| CYHCommunity Health Systems Inc | COM | 150,000 | $481.5K | <0.1% | History |