$5.97 Billion is the total value of Third Point's 44 reported holdings in Q4 2022. The portfolio turnover from Q3 2022 to Q4 2022 was 47.5% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PCG | Sell | PG&E CORP | $960,478,200 | +21.2% | 59,070,000 | -6.8% | 16.10% | +12.4% |
| CL | COLGATE PALMOLIVE CO | $910,024,500 | +12.2% | 11,550,000 | 0.0% | 15.25% | +4.0% | |
| DHR | DANAHER CORPORATION | $716,634,000 | +2.8% | 2,700,000 | 0.0% | 12.01% | -4.7% | |
| Buy | BATH & BODY WORKS INC | $579,425,000 | +118.5% | 13,750,000 | +69.0% | 9.71% | +102.6% | |
| UNH | UNITEDHEALTH GROUP INC | $355,220,600 | +5.0% | 670,000 | 0.0% | 5.95% | -2.6% | |
| AIG | New | AMERICAN INTL GROUP INC | $322,524,000 | – | 5,100,000 | +100.0% | 5.40% | – |
| MSFT | New | MICROSOFT CORP | $282,987,600 | – | 1,180,000 | +100.0% | 4.74% | – |
| IFF | New | INTERNATIONAL FLAVORS&FRAGRA | $241,132,000 | – | 2,300,000 | +100.0% | 4.04% | – |
| S | Sell | SENTINELONE INCcl a | $214,473,000 | -55.8% | 14,700,000 | -22.6% | 3.59% | -59.0% |
| TJX | Buy | TJX COS INC NEW | $210,940,000 | +94.0% | 2,650,000 | +51.4% | 3.54% | +80.0% |
| DD | Buy | DUPONT DE NEMOURS INC | $205,890,000 | +72.0% | 3,000,000 | +26.3% | 3.45% | +59.5% |
| OVV | OVINTIV INC | $202,840,000 | +10.2% | 4,000,000 | 0.0% | 3.40% | +2.3% | |
| FIS | New | FIDELITY NATL INFORMATION SV | $135,700,000 | – | 2,000,000 | +100.0% | 2.27% | – |
| FERG | FERGUSON PLC NEW | $117,447,250 | +23.4% | 925,000 | 0.0% | 1.97% | +14.4% | |
| DIS | Sell | DISNEY WALT CO | $82,536,000 | -37.5% | 950,000 | -32.1% | 1.38% | -42.0% |
| HTZZ | HERTZ GLOBAL HLDGS INC | $82,336,500 | -5.5% | 5,350,000 | 0.0% | 1.38% | -12.3% | |
| PCGU | PG&E CORPunit 08/16/2023 | $67,937,040 | +26.3% | 471,000 | 0.0% | 1.14% | +17.1% | |
| LH | New | LABORATORY CORP AMER HLDGS | $45,241,595 | – | 192,125 | +100.0% | 0.76% | – |
| JWSM | JAWS MUSTANG ACQUISITION COR | $40,420,000 | +1.7% | 4,000,000 | 0.0% | 0.68% | -5.7% | |
| GB | GLOBAL BLUE GROUP HOLDING AG | $39,529,093 | +0.0% | 8,537,601 | 0.0% | 0.66% | -7.3% | |
| Sell | VENTYX BIOSCIENCES INC | $32,790,000 | -78.2% | 1,000,000 | -76.8% | 0.55% | -79.8% | |
| KVSC | KHOSLA VENTURES ACQUT CO III | $19,910,000 | +1.8% | 2,000,000 | 0.0% | 0.33% | -5.4% | |
| BLUE WHALE ACQUISITION CORP | $19,580,000 | +1.1% | 2,000,000 | 0.0% | 0.33% | -6.3% | ||
| RICE ACQUISITION CORP II | $15,255,000 | +3.2% | 1,500,000 | 0.0% | 0.26% | -4.1% | ||
| DGNU | DRAGONEER GROWTH OPT CORP II | $11,832,000 | +0.7% | 1,200,000 | 0.0% | 0.20% | -6.6% | |
| EG ACQUISITION CORP | $10,991,925 | +1.9% | 1,102,500 | 0.0% | 0.18% | -5.6% | ||
| DISAU | DISRUPTIVE ACQUISITION CORPunit 03/06/2026 | $10,055,000 | +1.5% | 1,000,000 | 0.0% | 0.17% | -6.1% | |
| LOGISTICS INNOVTN TECHNLGS C | $9,951,300 | +1.9% | 1,000,000 | 0.0% | 0.17% | -5.6% | ||
| JAWS HURRICANE ACQUISITN COR | $9,897,608 | +2.3% | 992,739 | 0.0% | 0.17% | -5.1% | ||
| New | JETBLUE AIRWAYS CORPnote 0.500% 4/0 | $5,551,640 | – | 7,615,000 | +100.0% | 0.09% | – | |
| SHY | Buy | ISHARES TR1 3 yr treas bd | $4,931,727 | +0.6% | 60,758 | +0.7% | 0.08% | -6.7% |
| AURORA INNOVATION INC | $1,249,280 | -45.3% | 1,032,463 | 0.0% | 0.02% | -48.8% | ||
| RICE ACQUISITION CORP II*w exp 99/99/999 | $625,000 | +293.1% | 500,000 | 0.0% | 0.01% | +233.3% | ||
| GBWS | GLOBAL BLUE GROUP HOLDING AG*w exp 08/28/202 | $414,800 | +9.2% | 1,333,333 | 0.0% | 0.01% | 0.0% | |
| AURORA INNOVATION INC*w exp 11/03/202 | $238,550 | -72.3% | 1,835,000 | 0.0% | 0.00% | -75.0% | ||
| BOACWS | BLUESCAPE OPPORTUNITIES ACQU*w exp 10/28/202 | $160,000 | +14.3% | 1,000,000 | 0.0% | 0.00% | 0.0% | |
| TMC THE METALS COMPANY INC*w exp 09/09/202 | $80,000 | -51.5% | 1,000,000 | 0.0% | 0.00% | -66.7% | ||
| CPUHWS | COMPUTE HEALTH ACQUISITIN CO*w exp 01/25/202 | $70,250 | +71.3% | 625,000 | 0.0% | 0.00% | 0.0% | |
| EG ACQUISITION CORP*w exp 05/28/202 | $70,927 | +54.2% | 367,499 | 0.0% | 0.00% | 0.0% | ||
| JWSMWS | JAWS MUSTANG ACQUISITION COR*w exp 01/30/202 | $65,000 | -35.0% | 1,000,000 | 0.0% | 0.00% | -50.0% | |
| JAWS HURRICANE ACQUISITN COR*w exp 03/26/202 | $39,834 | -11.5% | 248,184 | 0.0% | 0.00% | 0.0% | ||
| BLUE WHALE ACQUISITION CORP*w exp 07/30/202 | $36,150 | -64.9% | 500,000 | 0.0% | 0.00% | -50.0% | ||
| CRHCWS | Exit | COHN ROBBINS HOLDINGS CORP*w exp 08/28/202 | $0 | – | -833,332 | -100.0% | 0.00% | – |
| SLACWS | SOCIAL LEVERAGE ACQUISN CORP*w exp 02/17/202 | $14,950 | -73.8% | 250,000 | 0.0% | 0.00% | -100.0% | |
| LOGISTICS INNOVTN TECHNLGS C*w exp 06/15/202 | $13,367 | -55.4% | 333,332 | 0.0% | 0.00% | -100.0% | ||
| Exit | STARRY GROUP HOLDINGS INC*w exp 03/29/202 | $0 | – | -505,000 | -100.0% | -0.00% | – | |
| AVANWS | Exit | AVANTI ACQUISITION CORP*w exp 99/99/999 | $0 | – | -1,500,000 | -100.0% | -0.00% | – |
| TPIC | Exit | TPI COMPOSITES INC | $0 | – | -100,000 | -100.0% | -0.02% | – |
| RLAY | Exit | RELAY THERAPEUTICS INC | $0 | – | -100,000 | -100.0% | -0.04% | – |
| AR | Exit | ANTERO RESOURCES CORP | $0 | – | -100,000 | -100.0% | -0.06% | – |
| Exit | DISH NETWORK CORPORATIONnote 3.375% 8/1 | $0 | – | -7,000,000 | -100.0% | -0.09% | – | |
| Exit | SEMA4 HOLDINGS CORP | $0 | – | -5,545,000 | -100.0% | -0.09% | – | |
| LHAA | Exit | LERER HIPPEAU ACQUISITION COcl a | $0 | – | -1,250,000 | -100.0% | -0.22% | – |
| AGCB | Exit | ALTIMETER GROWTH CORP 2 | $0 | – | -1,285,000 | -100.0% | -0.23% | – |
| IACC | Exit | ION ACQUISITION CORP 3 LTD | $0 | – | -1,800,000 | -100.0% | -0.32% | – |
| Exit | DISH NETWORK CORPORATIONnote 12/1 | $0 | – | -30,000,000 | -100.0% | -0.36% | – | |
| CPUH | Exit | COMPUTE HEALTH ACQUISITIN CO | $0 | – | -2,500,000 | -100.0% | -0.45% | – |
| AVAN | Exit | AVANTI ACQUISITION CORP | $0 | – | -3,000,000 | -100.0% | -0.54% | – |
| Exit | PERIMETER SOLUTIONS SA | $0 | – | -5,750,000 | -100.0% | -0.83% | – | |
| CRK | Exit | COMSTOCK RES INC | $0 | – | -3,000,000 | -100.0% | -0.94% | – |
| TTWO | Exit | TAKE-TWO INTERACTIVE SOFTWAR | $0 | – | -500,000 | -100.0% | -0.98% | – |
| CSX | Exit | CSX CORP | $0 | – | -2,750,000 | -100.0% | -1.32% | – |
| CANO | Exit | CANO HEALTH INC | $0 | – | -10,825,000 | -100.0% | -1.70% | – |
| TMUS | Exit | T-MOBILE US INC | $0 | – | -700,000 | -100.0% | -1.70% | – |
| RRC | Exit | RANGE RES CORP | $0 | – | -3,900,000 | -100.0% | -1.78% | – |
| EQT | Exit | EQT CORP | $0 | – | -3,250,000 | -100.0% | -2.39% | – |
| TWTR | Exit | TWITTER INC | $0 | – | -5,500,000 | -100.0% | -4.36% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-02-14
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.