$6.82 Billion is the total value of Third Point's 45 reported holdings in Q2 2023. The portfolio turnover from Q1 2023 to Q2 2023 was 54.3% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PCG | Sell | PG&E CORP | $933,120,000 | -2.6% | 54,000,000 | -8.9% | 13.67% | -12.8% |
| DHR | Sell | DANAHER CORPORATION | $624,000,000 | -10.0% | 2,600,000 | -5.5% | 9.14% | -19.4% |
| AMZN | New | AMAZON COM INC | $534,476,000 | – | 4,100,000 | +100.0% | 7.83% | – |
| Buy | BATH & BODY WORKS INC | $519,375,000 | +3.3% | 13,850,000 | +0.7% | 7.61% | -7.5% | |
| MSFT | Buy | MICROSOFT CORP | $517,620,800 | +71.0% | 1,520,000 | +44.8% | 7.58% | +53.1% |
| DD | Buy | DUPONT DE NEMOURS INC | $328,624,000 | +14.5% | 4,600,000 | +15.0% | 4.82% | +2.5% |
| TSM | New | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $247,254,000 | – | 2,450,000 | +100.0% | 3.62% | – |
| BABA | Buy | ALIBABA GROUP HLDG LTDsponsored ads | $245,882,500 | +81.4% | 2,950,000 | +122.4% | 3.60% | +62.4% |
| NVDA | New | NVIDIA CORPORATION | $211,510,000 | – | 500,000 | +100.0% | 3.10% | – |
| IFF | Buy | INTERNATIONAL FLAVORS&FRAGRA | $210,913,500 | -10.1% | 2,650,000 | +3.9% | 3.09% | -19.5% |
| ICE | New | INTERCONTINENTAL EXCHANGE IN | $209,198,000 | – | 1,850,000 | +100.0% | 3.06% | – |
| FERG | FERGUSON PLC NEW | $200,570,250 | +17.6% | 1,275,000 | 0.0% | 2.94% | +5.3% | |
| HCA | Sell | HCA HEALTHCARE INC | $182,088,000 | -19.7% | 600,000 | -30.2% | 2.67% | -28.1% |
| GOOGL | Sell | ALPHABET INCcap stk cl a | $170,572,500 | -65.4% | 1,425,000 | -70.0% | 2.50% | -69.0% |
| AIG | AMERICAN INTL GROUP INC | $169,743,000 | +14.3% | 2,950,000 | 0.0% | 2.49% | +2.3% | |
| Buy | JACOBS SOLUTIONS INC | $161,093,810 | +638.0% | 1,354,982 | +629.4% | 2.36% | +561.1% | |
| DEN | Buy | DENBURY INC | $144,485,500 | +559.5% | 1,675,000 | +570.0% | 2.12% | +491.3% |
| ATVI | New | ACTIVISION BLIZZARD INC | $139,095,000 | – | 1,650,000 | +100.0% | 2.04% | – |
| AMD | Buy | ADVANCED MICRO DEVICES INC | $136,692,000 | +39.5% | 1,200,000 | +20.0% | 2.00% | +24.9% |
| HTZZ | Buy | HERTZ GLOBAL HLDGS INC | $134,609,780 | +30.1% | 7,319,727 | +15.3% | 1.97% | +16.5% |
| UBER | New | UBER TECHNOLOGIES INC | $119,796,750 | – | 2,775,000 | +100.0% | 1.76% | – |
| OPCH | New | OPTION CARE HEALTH INC | $113,715,000 | – | 3,500,000 | +100.0% | 1.67% | – |
| WCC | Buy | WESCO INTL INC | $111,912,500 | +53.1% | 625,000 | +32.1% | 1.64% | +37.1% |
| MU | Buy | MICRON TECHNOLOGY INC | $97,636,825 | +35.1% | 1,550,000 | +29.2% | 1.43% | +21.1% |
| VST | Buy | VISTRA CORP | $87,113,250 | +71.6% | 3,318,600 | +56.9% | 1.28% | +53.5% |
| PCGU | PG&E CORPunit 08/16/2023 | $70,419,210 | +5.0% | 471,000 | 0.0% | 1.03% | -5.9% | |
| HZNP | New | HORIZON THERAPEUTICS PUB L | $51,425,000 | – | 500,000 | +100.0% | 0.75% | – |
| GB | Sell | GLOBAL BLUE GROUP HOLDING AG | $41,419,493 | -19.1% | 8,487,601 | -0.6% | 0.61% | -27.6% |
| HTZZW | New | HERTZ GLOBAL HLDGS INC*w exp 06/30/205 | $30,270,000 | – | 3,000,000 | +100.0% | 0.44% | – |
| BKI | New | BLACK KNIGHT INC | $27,214,899 | – | 455,632 | +100.0% | 0.40% | – |
| BLUE WHALE ACQUISITION CORP | $20,320,000 | +2.2% | 2,000,000 | 0.0% | 0.30% | -8.3% | ||
| FIS | New | FIDELITY NATL INFORMATION SV | $16,410,000 | – | 300,000 | +100.0% | 0.24% | – |
| Sell | EG ACQUISITION CORP | $9,758,000 | -13.1% | 952,000 | -13.7% | 0.14% | -22.3% | |
| AURORA INNOVATION INC | $3,035,441 | +111.5% | 1,032,463 | 0.0% | 0.04% | +91.3% | ||
| New | NET POWER INC*w exp 06/08/202 | $1,680,000 | – | 500,000 | +100.0% | 0.02% | – | |
| AURORA INNOVATION INC*w exp 11/03/202 | $917,500 | +143.7% | 1,835,000 | 0.0% | 0.01% | +116.7% | ||
| CPUHWS | COMPUTE HEALTH ACQUISITIN CO*w exp 01/25/202 | $312,500 | +25.0% | 625,000 | 0.0% | 0.01% | +25.0% | |
| TMC THE METALS COMPANY INC*w exp 09/09/202 | $195,900 | +64.6% | 1,000,000 | 0.0% | 0.00% | +50.0% | ||
| GBWS | GLOBAL BLUE GROUP HOLDING AG*w exp 08/28/202 | $150,000 | -70.2% | 1,333,333 | 0.0% | 0.00% | -75.0% | |
| EG ACQUISITION CORP*w exp 05/28/202 | $111,756 | +73.8% | 367,499 | 0.0% | 0.00% | +100.0% | ||
| BLUE WHALE ACQUISITION CORP*w exp 07/30/202 | $48,150 | +26.7% | 500,000 | 0.0% | 0.00% | 0.0% | ||
| JWSMWS | JAWS MUSTANG ACQUISITION COR*w exp 01/30/202 | $50,000 | -54.0% | 1,000,000 | 0.0% | 0.00% | -50.0% | |
| BOACWS | BLUESCAPE OPPORTUNITIES ACQU*w exp 10/28/202 | $54,000 | -64.0% | 1,000,000 | 0.0% | 0.00% | -50.0% | |
| SLACWS | SOCIAL LEVERAGE ACQUISN CORP*w exp 02/17/202 | $47,500 | +77.6% | 250,000 | 0.0% | 0.00% | – | |
| DISAW | DISRUPTIVE ACQUISITION CORP*w exp 03/06/202 | $30,600 | +14.6% | 333,333 | 0.0% | 0.00% | – | |
| Exit | JAWS HURRICANE ACQUISITN COR*w exp 03/26/202 | $0 | – | -248,184 | -100.0% | -0.00% | – | |
| Exit | LOGISTICS INNOVTN TECHNLGS C*w exp 06/15/202 | $0 | – | -333,332 | -100.0% | -0.00% | – | |
| Exit | RICE ACQUISITION CORP II*w exp 99/99/999 | $0 | – | -500,000 | -100.0% | -0.01% | – | |
| Exit | JAWS HURRICANE ACQUISITN COR | $0 | – | -992,739 | -100.0% | -0.16% | – | |
| Exit | LOGISTICS INNOVTN TECHNLGS C | $0 | – | -1,000,000 | -100.0% | -0.17% | – | |
| CTLT | Exit | CATALENT INC | $0 | – | -200,000 | -100.0% | -0.22% | – |
| Exit | RICE ACQUISITION CORP II | $0 | – | -1,500,000 | -100.0% | -0.25% | – | |
| KVSC | Exit | KHOSLA VENTURES ACQUT CO III | $0 | – | -2,000,000 | -100.0% | -0.33% | – |
| TECK | Exit | TECK RESOURCES LTDcl b | $0 | – | -1,150,000 | -100.0% | -0.69% | – |
| NATI | Exit | NATIONAL INSTRS CORP | $0 | – | -2,000,000 | -100.0% | -1.72% | – |
| UNH | Exit | UNITEDHEALTH GROUP INC | $0 | – | -335,000 | -100.0% | -2.59% | – |
| CRM | Exit | SALESFORCE INC | $0 | – | -800,000 | -100.0% | -2.62% | – |
| CL | Exit | COLGATE PALMOLIVE CO | $0 | – | -11,050,000 | -100.0% | -13.59% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-08-14
About Third Point
Third Point LLC is a New York-based hedge fund founded by Daniel S. Loeb in 1995. The company manages over $17 billion in assets and is known for its activist investing strategy. Third Point invests in a variety of industries, including technology, healthcare, and consumer goods.
Daniel S. Loeb is the CEO and founder of Third Point LLC. He is a well-known activist investor and has been involved in several high-profile campaigns, including the ousting of Yahoo's CEO in 2012. In addition to Loeb, Third Point's leadership team includes Munib Islam, the COO, and Matt Ober, the Chief Investment Officer.
Third Point's investment strategy involves taking large positions in companies and then using its influence to push for changes that will increase shareholder value. The company is known for its detailed research and analysis, which it uses to identify undervalued companies with strong growth potential.
While Third Point has had some notable successes, such as its investment in Sony, it has also had some high-profile failures, such as its investment in Herbalife. Despite these setbacks, Third Point remains a major player in the hedge fund industry and is closely watched by investors and analysts alike.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| DANAHER CORPORATION | 32 | Q2 2023 | 13.8% |
| SOTHEBYS | 26 | Q3 2019 | 7.4% |
| CONSTELLATION BRANDS INC | 24 | Q1 2019 | 4.7% |
| S&P GLOBAL INC | 24 | Q1 2022 | 5.1% |
| BAXTER INTL INC | 21 | Q2 2020 | 28.3% |
| ISHARES TR | 21 | Q4 2022 | 0.1% |
| KADMON HLDGS INC | 20 | Q2 2021 | 0.6% |
| ALPHABET INC | 16 | Q2 2023 | 8.1% |
| MICROSOFT CORP | 16 | Q2 2023 | 7.6% |
| ENPHASE ENERGY INC | 16 | Q1 2017 | 1.5% |
View Third Point's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| EG Acquisition Corp. | June 09, 2023 | 952,000 | 9.7% |
| Bath & Body Works, Inc. | March 06, 2023 | 13,751,100 | 6.0% |
| Medicus Sciences Acquisition Corp.Sold out | February 10, 2023 | 0 | 0.0% |
| Membership Collective Group Inc.Sold out | February 10, 2023 | 0 | 0.0% |
| SentinelOne, Inc. | January 30, 2023 | 10,152,706 | 4.4% |
| Ventyx Biosciences, Inc. | November 09, 2022 | 2,252,432 | 4.0% |
| Cano Health, Inc. | October 25, 2022 | 8,000,000 | 3.5% |
| Archaea Energy Inc. | February 14, 2022 | 4,454,110 | 8.3% |
| Hippo Holdings Inc. | February 14, 2022 | 240,000 | 0.1% |
| IAA, Inc.Sold out | February 14, 2022 | 0 | 0.0% |
View Third Point's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2023-11-14 |
| 13F-HR | 2023-08-14 |
| SC 13G | 2023-07-10 |
| SC 13G | 2023-06-09 |
| 13F-HR | 2023-05-15 |
| SC 13D/A | 2023-03-06 |
| SC 13D/A | 2023-02-22 |
| 13F-HR | 2023-02-14 |
| SC 13G/A | 2023-02-10 |
| SC 13G/A | 2023-02-10 |
View Third Point's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.