Daniel Loeb’s portfolio: Third Point 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001040273Latest: Q2 2026
Q2 2025 filing in brief
In its Q2 2025 13F, filed August 14, 2025, Third Point reported $7.6B across 51 US positions. The largest: PCG (9.3%), AMZN (7.8%), NVDA (5.8%), COF (5.0%), TSM (4.3%). In the quarter it opened 16 positions, sold out of 10, added to 13 and trimmed 10; positions opened and sold out came to 23.1% of the portfolio's value.
Methodology
Holdings come from the manager’s Form 13F-HR filings on SEC EDGAR, with amendments applied. Values and shares are reported at quarter-end; the filing date is when the report became public. These disclosures show reported long positions and listed options, not the manager’s entire portfolio or its trades since quarter-end.
Quarterly changes compare shares with the immediately preceding quarter on file. New and exited positions appear or disappear; added and trimmed positions change their share count by more than 1%. A share change can also reflect a stock split or other corporate action.
Opened and sold out is the value of new positions plus the prior value of exited positions, divided by the average of the two quarters’ reported portfolio values. It excludes changes to positions still held. Reported value growth includes price changes and is not a measure of investment performance. Largest-five and largest-ten weights exclude options.
Holdings
Filed Aug 14, 2025
- 16 New
- 13 Added
- 10 Trimmed
- 10 Exited
51 positions at June 30, 2025. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | PCG | PG&E CORP | $712M | 51.1M | 9.35% | 0.0% | Held |
| 2 | AMZN | AMAZON COM INC | $595M | 2.7M | 7.80% | +15.3% | Added |
| 3 | NVDA | NVIDIA CORPORATION | $442M | 2.8M | 5.81% | +93.1% | Added |
| 4 | COF | CAPITAL ONE FINL CORP | $384M | 1.8M | 5.04% | +71.8% | Added |
| 5 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $324M | 1.4M | 4.25% | −19.7% | Trimmed |
| 6 | FLUT | FLUTTER ENTMT PLC | $306M | 1.1M | 4.01% | +10.3% | Added |
| 7 | LYV | LIVE NATION ENTERTAINMENT IN | $299M | 2.0M | 3.92% | −6.0% | Trimmed |
| 8 | BN | BROOKFIELD CORP | $289M | 4.7M | 3.79% | +10.3% | Added |
| 9 | CSGP | COSTAR GROUP INC | $248M | 3.1M | 3.26% | +56.2% | Added |
| 10 | VST | VISTRA CORP | $242M | 1.3M | 3.18% | +47.1% | Added |
| 11 | TDS | TELEPHONE & DATA SYS INC | $239M | 6.7M | 3.14% | −0.5% | Held |
| 12 | — | CRH PLC | $238M | 2.6M | 3.12% | −4.6% | Trimmed |
| 13 | LPLA | LPL FINL HLDGS INC | $234M | 625.0K | 3.08% | 0.0% | Held |
| 14 | TLN | TALEN ENERGY CORP | $228M | 785.0K | 3.00% | +34.2% | Added |
| 15 | CPAY | CORPAY INC | $227M | 685.0K | 2.98% | +12.3% | Added |
| 16 | CRS | CARPENTER TECHNOLOGY CORP | $207M | 750.0K | 2.72% | −13.8% | Trimmed |
| 17 | MSFT | MICROSOFT CORP | $199M | 400.0K | 2.61% | +27.0% | Added |
| 18 | CASY | CASEYS GEN STORES INC | $184M | 360.0K | 2.41% | +20.0% | Added |
| 19 | APO | APOLLO GLOBAL MGMT INC | $181M | 1.3M | 2.37% | −15.0% | Trimmed |
| 20 | KVUE | KENVUE INC | $178M | 8.5M | 2.34% | −4.2% | Trimmed |
| 21 | ICE | INTERCONTINENTAL EXCHANGE IN | $174M | 950.0K | 2.29% | −13.6% | Trimmed |
| 22 | PRMB | PRIMO BRANDS CORPORATION | $171M | 5.8M | 2.24% | +108.1% | Added |
| 23 | J | JACOBS SOLUTIONS INC | $166M | 1.3M | 2.18% | −9.7% | Trimmed |
| 24 | 07WA | MR COOPER GROUP INC | $138M | 925.0K | 1.81% | — | New |
| 25 | — | SHARKNINJA INC | $119M | 1.2M | 1.56% | +118.2% | Added |
| 26 | META | META PLATFORMS INC | $111M | 150.0K | 1.45% | — | New |
| 27 | FIX | COMFORT SYS USA INC | $99M | 185.0K | 1.30% | — | New |
| 28 | DHR | DANAHER CORPORATION | $99M | 500.0K | 1.30% | — | New |
| 29 | RBA | RB GLOBAL INC | $74M | 695.0K | 0.97% | −26.8% | Trimmed |
| 30 | WDAY | WORKDAY INC | $72M | 300.0K | 0.94% | — | New |
| 31 | APO 6.75 07/31/26 | APOLLO GLOBAL MGMT INC | $67M | 900.0K | 0.88% | 0.0% | Held |
| 32 | RKT | ROCKET COS INC | $67M | 4.8M | 0.88% | — | New |
| 33 | FLS | FLOWSERVE CORP | $63M | 1.2M | 0.82% | — | New |
| 34 | FTV | FORTIVE CORP | $60M | 1.2M | 0.79% | −38.9% | Trimmed |
| 35 | DOCU | DOCUSIGN INC | $49M | 625.0K | 0.64% | — | New |
| 36 | 75Z | SOHO HOUSE & CO INC | $38M | 5.2M | 0.50% | −0.5% | Held |
| 37 | GTLS | CHART INDS INC | $35M | 215.0K | 0.46% | — | New |
| 38 | HTZWW | HERTZ GLOBAL HLDGS INC | $14M | 4.0M | 0.19% | 0.0% | Held |
| 39 | PCG 4.25 12/01/27 | PG&E CORP | $10M | 10.0M | 0.13% | 0.0% | Held |
| 40 | SE | SEA LTD | $8M | 50.0K | 0.10% | — | New |
| 41 | RAL | RALLIANT CORP | $6M | 125.0K | 0.08% | — | New |
| 42 | AUR | AURORA INNOVATION INC | $5M | 1.0M | 0.07% | 0.0% | Held |
| 43 | PCG 6 12/01/27 A | PG&E CORP | $5M | 140.0K | 0.07% | 0.0% | Held |
| 44 | SABR | SABRE CORP | $2M | 750.0K | 0.03% | — | New |
| 45 | FLYX | FLYEXCLUSIVE INC | $2M | 1.0M | 0.03% | 0.0% | Held |
| 46 | TTAN | SERVICETITAN INC | $2M | 15.0K | 0.02% | — | New |
| 47 | AUROW | AURORA INNOVATION INC | $2M | 1.8M | 0.02% | 0.0% | Held |
| 48 | CTEV | CLARITEV CORPORATION | $1M | 30.0K | 0.02% | — | New |
| 49 | ASIC | ATEGRITY SPECIALTY IN CO HO | $1M | 50.0K | 0.01% | — | New |
| 50 | ARDT | ARDENT HEALTH INC | $1M | 75.0K | 0.01% | — | New |
| 51 | FLYX/WS | FLYEXCLUSIVE INC | $37K | 367.5K | 0.00% | 0.0% | Held |
10 exited positions
Positions held in the preceding quarter and absent from this filing. Values and shares are from the preceding quarter.
| Ticker | Issuer | Previous value | Previous shares |
|---|---|---|---|
| — | SPDR S&P 500 ETF TRput option | $184M | 330.0K |
| EQT | EQT CORP | $158M | 3.0M |
| USX1 | UNITED STATES STL CORP NEW | $153M | 3.6M |
| DFSEUR | DISCOVER FINL SVCS | $126M | 740.0K |
| T | AT&T INC | $106M | 3.8M |
| HES | HESS CORP | $100M | 625.0K |
| PINS | PINTEREST INC | $31M | 1.0M |
| — | SEADRILL LTD | $26M | 1.0M |
| NPWR/WS | NET POWER INC | $153K | 500.0K |
| — | GLOBAL BLUE GROUP HOLDING AG | $30K | 1.3M |
Every quarter on file (53)
From the manager’s Form 13F-HR filings on SEC EDGAR, amendments applied. Long US positions only; not a recommendation.