$5.53 Billion is the total value of Third Point's 61 reported holdings in Q3 2022. The portfolio turnover from Q2 2022 to Q3 2022 was 32.8% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| CL | Buy | COLGATE PALMOLIVE CO | $811,388,000 | +410.1% | 11,550,000 | +481.9% | 14.66% | +289.4% |
| PCG | Sell | PG&E CORP | $792,500,000 | +21.4% | 63,400,000 | -3.1% | 14.32% | -7.3% |
| DHR | Buy | DANAHER CORPORATION | $697,383,000 | +19.6% | 2,700,000 | +17.4% | 12.60% | -8.7% |
| S | Sell | SENTINELONE INCcl a | $485,640,000 | -1.2% | 19,000,000 | -9.9% | 8.77% | -24.6% |
| UNH | Buy | UNITEDHEALTH GROUP INC | $338,377,000 | +15.6% | 670,000 | +17.5% | 6.11% | -11.8% |
| New | BATH & BODY WORKS INC | $265,201,000 | – | 8,135,000 | +100.0% | 4.79% | – | |
| TWTR | New | TWITTER INC | $241,120,000 | – | 5,500,000 | +100.0% | 4.36% | – |
| OVV | Sell | OVINTIV INC | $184,000,000 | -32.0% | 4,000,000 | -34.6% | 3.32% | -48.1% |
| VENTYX BIOSCIENCES INC | $150,561,000 | +185.4% | 4,312,834 | 0.0% | 2.72% | +117.9% | ||
| EQT | Sell | EQT CORP | $132,438,000 | -48.8% | 3,250,000 | -56.8% | 2.39% | -60.9% |
| DIS | Buy | DISNEY WALT CO | $132,062,000 | +39.9% | 1,400,000 | +40.0% | 2.39% | +6.8% |
| DD | Sell | DUPONT DE NEMOURS INC | $119,700,000 | -30.1% | 2,375,000 | -22.9% | 2.16% | -46.6% |
| TJX | New | TJX COS INC NEW | $108,710,000 | – | 1,750,000 | +100.0% | 1.96% | – |
| RRC | New | RANGE RES CORP | $98,514,000 | – | 3,900,000 | +100.0% | 1.78% | – |
| FERG | New | FERGUSON PLC NEW | $95,210,000 | – | 925,000 | +100.0% | 1.72% | – |
| TMUS | Buy | T-MOBILE US INC | $93,919,000 | +43.9% | 700,000 | +44.3% | 1.70% | +9.9% |
| CANO | CANO HEALTH INC | $93,853,000 | +97.9% | 10,825,000 | 0.0% | 1.70% | +51.2% | |
| HTZZ | Sell | HERTZ GLOBAL HLDGS INC | $87,098,000 | -12.2% | 5,350,000 | -14.5% | 1.57% | -32.9% |
| CSX | Sell | CSX CORP | $73,260,000 | -49.2% | 2,750,000 | -44.6% | 1.32% | -61.2% |
| TTWO | New | TAKE-TWO INTERACTIVE SOFTWAR | $54,500,000 | – | 500,000 | +100.0% | 0.98% | – |
| PCGU | PG&E CORPunit 08/16/2023 | $53,807,000 | +19.5% | 471,000 | 0.0% | 0.97% | -8.8% | |
| CRK | New | COMSTOCK RES INC | $51,870,000 | – | 3,000,000 | +100.0% | 0.94% | – |
| Sell | PERIMETER SOLUTIONS SA | $46,058,000 | -27.4% | 5,750,000 | -1.7% | 0.83% | -44.6% | |
| JWSM | JAWS MUSTANG ACQUISITION COR | $39,760,000 | +1.1% | 4,000,000 | 0.0% | 0.72% | -22.9% | |
| GB | GLOBAL BLUE GROUP HOLDING AG | $39,529,000 | -5.9% | 8,537,601 | 0.0% | 0.71% | -28.2% | |
| AVAN | AVANTI ACQUISITION CORP | $30,060,000 | +1.1% | 3,000,000 | 0.0% | 0.54% | -22.9% | |
| CPUH | COMPUTE HEALTH ACQUISITIN CO | $24,675,000 | +0.6% | 2,500,000 | 0.0% | 0.45% | -23.1% | |
| New | DISH NETWORK CORPORATIONnote 12/1 | $19,685,000 | – | 30,000,000 | +100.0% | 0.36% | – | |
| KVSC | KHOSLA VENTURES ACQUT CO III | $19,560,000 | +0.5% | 2,000,000 | 0.0% | 0.35% | -23.4% | |
| BLUE WHALE ACQUISITION CORP | $19,360,000 | +0.1% | 2,000,000 | 0.0% | 0.35% | -23.6% | ||
| IACC | ION ACQUISITION CORP 3 LTD | $17,766,000 | +1.2% | 1,800,000 | 0.0% | 0.32% | -22.7% | |
| RICE ACQUISITION CORP II | $14,775,000 | +0.9% | 1,500,000 | 0.0% | 0.27% | -23.1% | ||
| AGCB | ALTIMETER GROWTH CORP 2 | $12,734,000 | +0.5% | 1,285,000 | 0.0% | 0.23% | -23.3% | |
| LHAA | LERER HIPPEAU ACQUISITION COcl a | $12,275,000 | +0.4% | 1,250,000 | 0.0% | 0.22% | -23.2% | |
| DGNU | DRAGONEER GROWTH OPT CORP II | $11,748,000 | +0.6% | 1,200,000 | 0.0% | 0.21% | -23.2% | |
| EG ACQUISITION CORP | $10,782,000 | +0.5% | 1,102,500 | 0.0% | 0.20% | -23.2% | ||
| DISAU | DISRUPTIVE ACQUISITION CORPunit 03/06/2026 | $9,910,000 | +1.2% | 1,000,000 | 0.0% | 0.18% | -22.8% | |
| LOGISTICS INNOVTN TECHNLGS C | $9,770,000 | +0.5% | 1,000,000 | 0.0% | 0.18% | -23.0% | ||
| JAWS HURRICANE ACQUISITN COR | $9,679,000 | +0.4% | 992,739 | 0.0% | 0.18% | -23.2% | ||
| SHY | Sell | ISHARES TR1 3 yr treas bd | $4,901,000 | -16.2% | 60,346 | -14.6% | 0.09% | -35.5% |
| SEMA4 HOLDINGS CORP | $4,866,000 | -30.4% | 5,545,000 | 0.0% | 0.09% | -46.7% | ||
| New | DISH NETWORK CORPORATIONnote 3.375% 8/1 | $4,808,000 | – | 7,000,000 | +100.0% | 0.09% | – | |
| AR | Sell | ANTERO RESOURCES CORP | $3,053,000 | -97.1% | 100,000 | -97.1% | 0.06% | -97.8% |
| AURORA INNOVATION INC | $2,282,000 | +15.7% | 1,032,463 | 0.0% | 0.04% | -12.8% | ||
| RLAY | New | RELAY THERAPEUTICS INC | $2,237,000 | – | 100,000 | +100.0% | 0.04% | – |
| TPIC | New | TPI COMPOSITES INC | $1,128,000 | – | 100,000 | +100.0% | 0.02% | – |
| AURORA INNOVATION INC*w exp 11/03/202 | $862,000 | +17.4% | 1,835,000 | 0.0% | 0.02% | -5.9% | ||
| GBWS | GLOBAL BLUE GROUP HOLDING AG*w exp 08/28/202 | $380,000 | +5.8% | 1,333,333 | 0.0% | 0.01% | -12.5% | |
| BOACWS | BLUESCAPE OPPORTUNITIES ACQU*w exp 10/28/202 | $140,000 | -33.3% | 1,000,000 | 0.0% | 0.00% | -40.0% | |
| RICE ACQUISITION CORP II*w exp 99/99/999 | $159,000 | +6.0% | 500,000 | 0.0% | 0.00% | -25.0% | ||
| TMC THE METALS COMPANY INC*w exp 09/09/202 | $165,000 | -15.4% | 1,000,000 | 0.0% | 0.00% | -40.0% | ||
| JWSMWS | JAWS MUSTANG ACQUISITION COR*w exp 01/30/202 | $100,000 | -60.2% | 1,000,000 | 0.0% | 0.00% | -66.7% | |
| BLUE WHALE ACQUISITION CORP*w exp 07/30/202 | $103,000 | -33.5% | 500,000 | 0.0% | 0.00% | -50.0% | ||
| EG ACQUISITION CORP*w exp 05/28/202 | $46,000 | -20.7% | 367,499 | 0.0% | 0.00% | 0.0% | ||
| CPUHWS | COMPUTE HEALTH ACQUISITIN CO*w exp 01/25/202 | $41,000 | -70.3% | 625,000 | 0.0% | 0.00% | -66.7% | |
| AVANWS | AVANTI ACQUISITION CORP*w exp 99/99/999 | $34,000 | -67.6% | 1,500,000 | 0.0% | 0.00% | -50.0% | |
| STARRY GROUP HOLDINGS INC*w exp 03/29/202 | $66,000 | -68.3% | 505,000 | 0.0% | 0.00% | -80.0% | ||
| JAWS HURRICANE ACQUISITN COR*w exp 03/26/202 | $45,000 | -52.1% | 248,184 | 0.0% | 0.00% | -50.0% | ||
| SLACWS | SOCIAL LEVERAGE ACQUISN CORP*w exp 02/17/202 | $57,000 | +50.0% | 250,000 | 0.0% | 0.00% | 0.0% | |
| LOGISTICS INNOVTN TECHNLGS C*w exp 06/15/202 | $30,000 | -43.4% | 333,332 | 0.0% | 0.00% | 0.0% | ||
| CRHCWS | COHN ROBBINS HOLDINGS CORP*w exp 08/28/202 | $19,000 | -94.7% | 833,332 | 0.0% | 0.00% | -100.0% | |
| GOACWS | Exit | GO ACQUISITION CORP*w exp 08/31/202 | $0 | – | -1,000,000 | -100.0% | 0.00% | – |
| FPACWS | Exit | FAR PEAK ACQUISITION CORP*w exp 12/07/202 | $0 | – | -666,666 | -100.0% | -0.00% | – |
| SLAC | Exit | SOCIAL LEVERAGE ACQUISN CORP | $0 | – | -1,000,000 | -100.0% | -0.23% | – |
| Exit | MEMBERSHIP COLLECTIVE GROUP | $0 | – | -3,470,194 | -100.0% | -0.53% | – | |
| GOAC | Exit | GO ACQUISITION CORP | $0 | – | -3,000,000 | -100.0% | -0.71% | – |
| Exit | ARCHAEA ENERGY INC | $0 | – | -3,465,000 | -100.0% | -1.27% | – | |
| CCK | Exit | CROWN HLDGS INC | $0 | – | -800,000 | -100.0% | -1.74% | – |
| CVE | Exit | CENOVUS ENERGY INC | $0 | – | -7,275,000 | -100.0% | -3.27% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2022-11-14
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 | 33 | Q3 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 | 17 | Q3 2023 | 8.1% |
| MICROSOFT CORP | 17 | Q3 2023 | 10.7% |
| META PLATFORMS INC | 16 | Q3 2023 | 6.1% |
View Third Point's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| 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% |
| ION Acquisition Corp 3 Ltd. | February 14, 2022 | 1,800,000 | 6.9% |
View Third Point's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-14 |
| SC 13D | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| 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 |
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.