Third Point LLC
Fund · 13F holdings

Third Point LLC

Daniel Loeb · New York, NY · Founded 1995

Third Point ↗SEC EDGAR ↗ Latest 13F on EDGAR ↗

Third Point is a New York event-driven and activist hedge fund founded in 1995 by Daniel Loeb. It combines fundamental long/short equity with special situations and credit, and is known for Loeb's pointed activist letters and campaigns at companies including Yahoo, Sony, Nestle, Disney and Shell.

The firm invests opportunistically across the capital structure and geographies; its 13F reflects the US-listed equity portion of that book.

How to read these tables. A Form 13F reports each holding's market value as of the quarter-end date and the share count — not the price the fund paid, when it bought, or any short positions. Buys and sells are inferred by comparing share counts across quarters. Put/call lines are options (often hedges), and their value is notional rather than a straight equity stake. Figures are the fund's US-listed 13(f) holdings only; private positions appear when the manager reports them.
Background

History

1995
Third Point founded

Daniel Loeb starts the firm with about $3 million, building a reputation for activist letters and event-driven trades.

2011
Yahoo campaign

A public activist push reshapes Yahoo's board and leadership, among Loeb's best-known campaigns.

2018
Third Point Investors

The firm's London-listed closed-end vehicle gives public-market investors access to the strategy.

Latest filing

Q2 2026 holdings

Period end
2026-06-30
Filed
2026-08-14
Portfolio value
$4.68B
Positions
43
We track
6
# Company Class Value Shares % Port. vs prior
1 Warner Bros Discovery Inc COM SER A $533.2M 20.0M 11.4% NEW
2 AMZNAmazon.com, Inc.★ COM $417.1M 1.8M 8.9% TRIM
3 GOOGLAlphabet Inc.★ CAP STK CL A $366.3M 1.0M 7.8% ADD
4 Crh Plc ORD $234.9M 2.2M 5.0% ADD
5 Telephone & Data Sys Inc COM NEW $232.2M 6.3M 5.0% TRIM
6 Taiwan Semiconductor Manufac SPONSORED ADS $219.7M 460K 4.7% ADD
7 Live Nation Entertainment In COM $207.8M 1.1M 4.4% ADD
8 Keysight Technologies Inc COM $204.8M 585K 4.4% NEW
9 Somnigroup International Inc COM $201.5M 2.6M 4.3% ADD
10 XYZBlock, Inc.★ CL A $194.5M 2.6M 4.2% NEW
11 Norfolk Southn Corp COM $188.8M 600K 4.0% ADD
12 Flex Ltd ORD $166.9M 1.0M 3.6% NEW
13 Capital One Finl Corp COM $165.5M 825K 3.5% ADD
14 Hut 8 Corp COM $151.8M 1.3M 3.2% ADD
15 Carpenter Technology Corp COM $132.6M 215K 2.8% TRIM
16 Api Group Corp COM STK $121.3M 2.9M 2.6% ADD
17 Mastec Inc COM $120.7M 290K 2.6% TRIM
18 Transdigm Group Inc COM $105.2M 79K 2.2% ADD
19 Danaher Corp Del COM $102.9M 540K 2.2% ADD
20 Union Pac Corp COM $95.2M 350K 2.0% ADD
21 Ttm Technologies Inc COM $94.4M 505K 2.0% NEW
22 Performance Food Group Co COM $75.5M 675K 1.6% NEW
23 GOOGLAlphabet Inc.★ DEP SHS RP1/20 A $66.2M 1.3M 1.4% NEW
24 Asml Hldg Nv N Y REGISTRY SHS $59.6M 30K 1.3% ADD
25 Sysco Corp COM $48.2M 580K 1.0% NEW
26 Ares Management Corporation CL A COM STK $41.7M 375K 0.9% NEW
27 SPCXSpaceX★ CLASS A COM STK $30.8M 180K 0.7% NEW
28 State Str Spdr S&p 500 Etf T Put $28.8M 40K 0.6% NEW
29 Strata Critical Medical Inc CL A COM $26.4M 5.0M 0.6% HOLD
30 GOOGLAlphabet Inc.★ DEP SHS RP1/20 B $10.1M 200K 0.2% NEW
31 Ars Pharmaceuticals Inc COM $8.0M 1.0M 0.2% HOLD
32 Aurora Innovation Inc CLASS A COM $7.0M 1.0M 0.2% HOLD
33 Riot Platforms Inc NOTE 0.750% 1/1 $7.0M 3.5M prn 0.2% NEW
34 Hertz Global Hldgs Inc *W EXP 06/30/205 $4.3M 4.0M 0.1% HOLD
35 Flyexclusive Inc COM CL A $2.0M 1.0M 0.0% HOLD
36 Bausch Plus Lomb Corp COMMON SHARES $1.4M 85K 0.0% NEW
37 Core Scientific Inc New COM $1.4M 54K 0.0% NEW
38 Erock Inc CL A COM $1.2M 83K 0.0% NEW
39 Applied Digital Corp COM NEW $821K 22K 0.0% NEW
40 Lithium Argentina Ag NOTE 1.750% 1/1 $612K 625K prn 0.0% NEW
41 Aurora Innovation Inc *W EXP 11/03/202 $587K 1.8M 0.0% HOLD
42 Wolfspeed Inc COMMON STOCK $482K 10K 0.0% NEW
43 Flyexclusive Inc *W EXP 99/99/999 $77K 367K 0.0% HOLD
Movement

Notable Q2 2026 moves

New positions

  • Warner Bros Discovery Inc $533.2M
  • Keysight Technologies Inc $204.8M
  • XYZ Block, Inc. $194.5M
  • Flex Ltd $166.9M
  • Ttm Technologies Inc $94.4M
  • Performance Food Group Co $75.5M
  • GOOGL Alphabet Inc. $66.2M
  • Sysco Corp $48.2M
  • Ares Management Corporation $41.7M
  • SPCX SpaceX $30.8M
  • State Str Spdr S&p 500 Etf T (Put) $28.8M
  • GOOGL Alphabet Inc. $10.1M
  • Riot Platforms Inc $7.0M
  • Bausch Plus Lomb Corp $1.4M
  • Core Scientific Inc New $1.4M
  • Erock Inc $1.2M
  • Applied Digital Corp $821K
  • Lithium Argentina Ag $612K
  • Wolfspeed Inc $482K

Exited

Stocks we cover

Position history in tracked names

Quarter-end value of each holding that has a page on R40, most recent first.

Stock Q2 2026 Q1 2026Q4 2025Q3 2025
AMZNAmazon Com Inc $417.1M$404.0M$499.7M$617.0M
GOOGLAlphabet Inc $366.3M$50.3M——
XYZBlock Inc $194.5M———
GOOGLAlphabet Inc $66.2M———
SPCXSpace Exploration Techn Corp $30.8M———
GOOGLAlphabet Inc $10.1M———
Archive

Earlier filings

Q1 2026 · 33 positions · $2.08B · filed 2026-05-15
# Company Class Value Shares % Port. vs prior
1 AMZNAmazon.com, Inc.★ COM $404.0M 1.9M 19.4% TRIM
2 Telephone & Data Sys Inc COM NEW $277.9M 6.6M 13.3% TRIM
3 Crh Plc ORD $199.7M 1.9M 9.6% TRIM
4 Somnigroup International Inc COM $167.9M 2.3M 8.1% TRIM
5 Carpenter Technology Corp COM $122.2M 310K 5.9% TRIM
6 Mastec Inc COM $103.0M 320K 4.9% TRIM
7 Danaher Corp Del COM $99.5M 525K 4.8% TRIM
8 Taiwan Semiconductor Manufac SPONSORED ADS $92.9M 275K 4.5% TRIM
9 Api Group Corp COM STK $82.3M 2.0M 3.9% TRIM
10 Live Nation Entertainment In COM $70.9M 465K 3.4% TRIM
11 METAMeta Platforms, Inc.★ CL A $51.5M 90K 2.5% NEW
12 GOOGLAlphabet Inc.★ CAP STK CL A $50.3M 175K 2.4% NEW
13 Spdr Gold Tr GOLD SHS $40.9M 95K 2.0% NEW
14 Hut 8 Corp COM $40.8M 870K 2.0% NEW
15 NVDANVIDIA Corporation★ COM $33.1M 190K 1.6% TRIM
16 Transdigm Group Inc COM $29.0M 25K 1.4% NEW
17 Norfolk Southn Corp COM $28.7M 100K 1.4% TRIM
18 Capital One Finl Corp COM $25.5M 140K 1.2% TRIM
19 Union Pac Corp COM $24.3M 100K 1.2% TRIM
20 Strata Critical Medical Inc CL A COM $20.9M 5.0M 1.0% HOLD
21 Kla Corp COM NEW $16.2M 11K 0.8% NEW
22 Lam Research Corp COM NEW $16.0M 75K 0.8% NEW
23 Asml Hldg Nv N Y REGISTRY SHS $15.8M 12K 0.8% NEW
24 AVGOBroadcom Inc.★ COM $15.5M 50K 0.7% NEW
25 Vaneck Etf Trust SEMICONDUCTR ETF $15.3M 40K 0.7% NEW
26 Sharkninja Inc COM SHS $13.8M 131K 0.7% TRIM
27 Hertz Global Hldgs Inc *W EXP 06/30/205 $9.1M 4.0M 0.4% HOLD
28 Ars Pharmaceuticals Inc COM $8.0M 1.0M 0.4% ADD
29 Aurora Innovation Inc CLASS A COM $4.3M 1.0M 0.2% HOLD
30 Flyexclusive Inc COM CL A $2.3M 1.0M 0.1% HOLD
31 Claritev Corporation CL A NEW $719K 44K 0.0% TRIM
32 Aurora Innovation Inc *W EXP 11/03/202 $365K 1.8M 0.0% HOLD
33 Flyexclusive Inc *W EXP 99/99/999 $88K 367K 0.0% HOLD
Q4 2025 · 44 positions · $7.27B · filed 2026-02-17
# Company Class Value Shares % Port. vs prior
1 Pg&e Corp COM $551.2M 34.3M 7.6% TRIM
2 NVDANVIDIA Corporation★ COM $550.2M 3.0M 7.6% ADD
3 AMZNAmazon.com, Inc.★ COM $499.7M 2.2M 6.9% TRIM
4 MSFTMicrosoft Corporation★ COM $447.3M 925K 6.1% TRIM
5 Union Pac Corp COM $418.7M 1.8M 5.8% ADD
6 Crh Plc ORD $324.5M 2.6M 4.5% ADD
7 Somnigroup International Inc COM $303.6M 3.4M 4.2% ADD
8 Brookfield Corp CL A LTD VT SH $284.5M 6.2M 3.9% ADD
9 Norfolk Southn Corp COM $281.5M 975K 3.9% TRIM
10 Telephone & Data Sys Inc COM NEW $273.7M 6.7M 3.8% TRIM
11 Capital One Finl Corp COM $266.6M 1.1M 3.7% TRIM
12 Caseys Gen Stores Inc COM $251.5M 455K 3.5% TRIM
13 Carpenter Technology Corp COM $247.1M 785K 3.4% TRIM
14 Live Nation Entertainment In COM $245.8M 1.7M 3.4% ADD
15 Costar Group Inc COM $212.8M 3.2M 2.9% ADD
16 Mastec Inc COM $201.1M 925K 2.8% ADD
17 Rocket Cos Inc COM CL A $184.2M 9.5M 2.5% ADD
18 Lpl Finl Hldgs Inc COM $182.2M 510K 2.5% TRIM
19 Chipotle Mexican Grill Inc COM $174.8M 4.7M 2.4% NEW
20 Constellation Energy Corp COM $167.8M 475K 2.3% NEW
21 Vistra Corp COM $162.1M 1.0M 2.2% ADD
22 Danaher Corporation COM $137.4M 600K 1.9% ADD
23 Sharkninja Inc COM SHS $134.3M 1.2M 1.8% TRIM
24 Taiwan Semiconductor Mfg Ltd SPONSORED ADS $129.2M 425K 1.8% TRIM
25 Alibaba Group Hldg Ltd SPONSORED ADS $120.9M 825K 1.7% NEW
26 Api Group Corp COM STK $114.8M 3.0M 1.6% NEW
27 Comfort Sys Usa Inc COM $98.0M 105K 1.3% TRIM
28 Spotify Technology S A SHS $58.1M 100K 0.8% NEW
29 Kenvue Inc COM $56.1M 3.2M 0.8% TRIM
30 Progressive Corp COM $50.1M 220K 0.7% NEW
31 Thermo Fisher Scientific Inc COM $29.0M 50K 0.4% NEW
32 Strata Critical Medical Inc CL A COM $24.1M 5.0M 0.3% HOLD
33 Wix Com Ltd SHS $23.4M 225K 0.3% NEW
34 Csx Corp COM $18.1M 500K 0.2% NEW
35 Hertz Global Hldgs Inc *W EXP 06/30/205 $10.6M 4.0M 0.1% HOLD
36 Pg&e Corp NOTE 4.250%12/0 $10.3M 10.0M prn 0.1% HOLD
37 Ars Pharmaceuticals Inc COM $6.5M 556K 0.1% NEW
38 Claritev Corporation CL A NEW $6.2M 145K 0.1% NEW
39 Pg&e Corp PFD CONV SER A $5.7M 140K 0.1% HOLD
40 Flyexclusive Inc COM CL A $4.2M 1.0M 0.1% HOLD
41 Aurora Innovation Inc CLASS A COM $4.0M 1.0M 0.1% HOLD
42 Bausch Health Cos Inc COM $2.4M 350K 0.0% ADD
43 Aurora Innovation Inc *W EXP 11/03/202 $413K 1.8M 0.0% HOLD
44 Flyexclusive Inc *W EXP 99/99/999 $105K 367K 0.0% HOLD
Q3 2025 · 46 positions · $8.99B · filed 2025-11-14
# Company Class Value Shares % Port. vs prior
1 Pg&e Corp COM $755.5M 50.1M 8.4%
2 AMZNAmazon.com, Inc.★ COM $617.0M 2.8M 6.9%
3 Spdr S&p 500 Etf Tr Put $582.9M 875K 6.5%
4 MSFTMicrosoft Corporation★ COM $569.7M 1.1M 6.3%
5 NVDANVIDIA Corporation★ COM $531.8M 2.9M 5.9%
6 Norfolk Southn Corp COM $495.7M 1.6M 5.5%
7 Brookfield Corp CL A LTD VT SH $320.6M 4.7M 3.6%
8 Taiwan Semiconductor Mfg Ltd SPONSORED ADS $307.2M 1.1M 3.4%
9 Capital One Finl Corp COM $294.4M 1.4M 3.3%
10 Flutter Entmt Plc SHS $284.5M 1.1M 3.2%
11 Caseys Gen Stores Inc COM $282.7M 500K 3.1%
12 Telephone & Data Sys Inc COM NEW $263.2M 6.7M 2.9%
13 Crh Plc ORD $259.6M 2.2M 2.9%
14 Costar Group Inc COM $254.5M 3.0M 2.8%
15 Somnigroup International Inc COM $253.0M 3.0M 2.8%
16 Live Nation Entertainment In COM $220.6M 1.4M 2.5%
17 Carpenter Technology Corp COM $208.7M 850K 2.3%
18 Union Pac Corp COM $206.8M 875K 2.3%
19 Lpl Finl Hldgs Inc COM $197.7M 594K 2.2%
20 Mr Cooper Group Inc COM $195.0M 925K 2.2%
21 Sharkninja Inc COM SHS $185.7M 1.8M 2.1%
22 Vistra Corp COM $183.2M 935K 2.0%
23 Comfort Sys Usa Inc COM $165.0M 200K 1.8%
24 METAMeta Platforms, Inc.★ CL A $161.6M 220K 1.8%
25 Mastec Inc COM $154.3M 725K 1.7%
26 Talen Energy Corp COM $148.9M 350K 1.7%
27 Kenvue Inc COM $146.1M 9.0M 1.6%
28 Jacobs Solutions Inc COM $137.1M 915K 1.5%
29 Primo Brands Corporation CLASS A COM SHS $127.6M 5.8M 1.4%
30 Floor & Decor Hldgs Inc CL A $98.0M 1.3M 1.1%
31 Apollo Global Mgmt Inc COM $86.6M 650K 1.0%
32 Rocket Cos Inc COM CL A $77.5M 4.0M 0.9%
33 Apollo Global Mgmt Inc SER A MAND CNV $63.3M 900K 0.7%
34 Core Scientific Inc New COM $53.8M 3.0M 0.6%
35 Strata Critical Medical Inc CL A COM $25.3M 5.0M 0.3%
36 Kenvue Inc Call $24.3M 1.5M 0.3%
37 Hertz Global Hldgs Inc *W EXP 06/30/205 $14.8M 4.0M 0.2%
38 Pg&e Corp NOTE 4.250%12/0 $10.1M 10.0M prn 0.1%
39 Danaher Corporation COM $9.9M 50K 0.1%
40 Pg&e Corp PFD CONV SER A $5.5M 140K 0.1%
41 Flyexclusive Inc COM CL A $5.0M 1.0M 0.1%
42 Aurora Innovation Inc CLASS A COM $2.2M 1.0M 0.0%
43 Aurora Innovation Inc *W EXP 11/03/202 $877K 1.8M 0.0%
44 Bausch Health Cos Inc COM $645K 100K 0.0%
45 Community Health Sys Inc New COM $482K 150K 0.0%
46 Flyexclusive Inc *W EXP 99/99/999 $117K 367K 0.0%