$6.11 Billion is the total value of Third Point's 46 reported holdings in Q1 2023. The portfolio turnover from Q4 2022 to Q1 2023 was 59.1% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PCG | Buy | PG&E CORP | $958,072,500 | -0.3% | 59,250,000 | +0.3% | 15.68% | -2.6% |
| CL | Sell | COLGATE PALMOLIVE CO | $830,407,500 | -8.7% | 11,050,000 | -4.3% | 13.59% | -10.9% |
| DHR | Buy | DANAHER CORPORATION | $693,110,000 | -3.3% | 2,750,000 | +1.9% | 11.34% | -5.6% |
| Buy | BATH & BODY WORKS INC | $503,015,238 | -13.2% | 13,751,100 | +0.0% | 8.23% | -15.2% | |
| GOOGL | New | ALPHABET INCcap stk cl a | $492,717,500 | – | 4,750,000 | +100.0% | 8.06% | – |
| MSFT | Sell | MICROSOFT CORP | $302,715,000 | +7.0% | 1,050,000 | -11.0% | 4.95% | +4.4% |
| DD | Buy | DUPONT DE NEMOURS INC | $287,080,000 | +39.4% | 4,000,000 | +33.3% | 4.70% | +36.1% |
| IFF | Buy | INTERNATIONAL FLAVORS&FRAGRA | $234,498,000 | -2.8% | 2,550,000 | +10.9% | 3.84% | -5.0% |
| HCA | New | HCA HEALTHCARE INC | $226,764,800 | – | 860,000 | +100.0% | 3.71% | – |
| FERG | Buy | FERGUSON PLC NEW | $170,531,250 | +45.2% | 1,275,000 | +37.8% | 2.79% | +41.8% |
| CRM | New | SALESFORCE INC | $159,824,000 | – | 800,000 | +100.0% | 2.62% | – |
| UNH | Sell | UNITEDHEALTH GROUP INC | $158,317,650 | -55.4% | 335,000 | -50.0% | 2.59% | -56.5% |
| AIG | Sell | AMERICAN INTL GROUP INC | $148,562,000 | -53.9% | 2,950,000 | -42.2% | 2.43% | -55.0% |
| BABA | New | ALIBABA GROUP HLDG LTDsponsored ads | $135,536,661 | – | 1,326,450 | +100.0% | 2.22% | – |
| NATI | New | NATIONAL INSTRS CORP | $104,820,000 | – | 2,000,000 | +100.0% | 1.72% | – |
| HTZZ | Buy | HERTZ GLOBAL HLDGS INC | $103,441,500 | +25.6% | 6,350,000 | +18.7% | 1.69% | +22.7% |
| AMD | New | ADVANCED MICRO DEVICES INC | $98,010,000 | – | 1,000,000 | +100.0% | 1.60% | – |
| WCC | New | WESCO INTL INC | $73,092,475 | – | 472,968 | +100.0% | 1.20% | – |
| MU | New | MICRON TECHNOLOGY INC | $72,261,960 | – | 1,200,000 | +100.0% | 1.18% | – |
| PCGU | PG&E CORPunit 08/16/2023 | $67,037,430 | -1.3% | 471,000 | 0.0% | 1.10% | -3.6% | |
| GB | GLOBAL BLUE GROUP HOLDING AG | $51,225,606 | +29.6% | 8,537,601 | 0.0% | 0.84% | +26.6% | |
| VST | New | VISTRA CORP | $50,760,000 | – | 2,115,000 | +100.0% | 0.83% | – |
| TECK | New | TECK RESOURCES LTDcl b | $41,975,000 | – | 1,150,000 | +100.0% | 0.69% | – |
| DEN | New | DENBURY INC | $21,907,500 | – | 250,000 | +100.0% | 0.36% | – |
| New | JACOBS SOLUTIONS INC | $21,829,245 | – | 185,765 | +100.0% | 0.36% | – | |
| KVSC | KHOSLA VENTURES ACQUT CO III | $20,300,000 | +2.0% | 2,000,000 | 0.0% | 0.33% | -0.6% | |
| BLUE WHALE ACQUISITION CORP | $19,880,000 | +1.5% | 2,000,000 | 0.0% | 0.32% | -0.9% | ||
| RICE ACQUISITION CORP II | $15,352,500 | +0.6% | 1,500,000 | 0.0% | 0.25% | -2.0% | ||
| CTLT | New | CATALENT INC | $13,142,000 | – | 200,000 | +100.0% | 0.22% | – |
| EG ACQUISITION CORP | $11,223,450 | +2.1% | 1,102,500 | 0.0% | 0.18% | 0.0% | ||
| LOGISTICS INNOVTN TECHNLGS C | $10,157,700 | +2.1% | 1,000,000 | 0.0% | 0.17% | -0.6% | ||
| JAWS HURRICANE ACQUISITN COR | $10,096,156 | +2.0% | 992,739 | 0.0% | 0.16% | -0.6% | ||
| AURORA INNOVATION INC | $1,435,124 | +14.9% | 1,032,463 | 0.0% | 0.02% | +9.5% | ||
| RICE ACQUISITION CORP II*w exp 99/99/999 | $732,400 | +17.2% | 500,000 | 0.0% | 0.01% | +20.0% | ||
| GBWS | GLOBAL BLUE GROUP HOLDING AG*w exp 08/28/202 | $502,667 | +21.2% | 1,333,333 | 0.0% | 0.01% | +14.3% | |
| AURORA INNOVATION INC*w exp 11/03/202 | $376,542 | +57.8% | 1,835,000 | 0.0% | 0.01% | +50.0% | ||
| CPUHWS | COMPUTE HEALTH ACQUISITIN CO*w exp 01/25/202 | $250,000 | +255.9% | 625,000 | 0.0% | 0.00% | +300.0% | |
| TMC THE METALS COMPANY INC*w exp 09/09/202 | $119,000 | +48.8% | 1,000,000 | 0.0% | 0.00% | +100.0% | ||
| BOACWS | BLUESCAPE OPPORTUNITIES ACQU*w exp 10/28/202 | $150,000 | -6.2% | 1,000,000 | 0.0% | 0.00% | -33.3% | |
| JWSMWS | JAWS MUSTANG ACQUISITION COR*w exp 01/30/202 | $108,700 | +67.2% | 1,000,000 | 0.0% | 0.00% | +100.0% | |
| LOGISTICS INNOVTN TECHNLGS C*w exp 06/15/202 | $36,700 | +174.6% | 333,332 | 0.0% | 0.00% | – | ||
| BLUE WHALE ACQUISITION CORP*w exp 07/30/202 | $38,000 | +5.1% | 500,000 | 0.0% | 0.00% | 0.0% | ||
| EG ACQUISITION CORP*w exp 05/28/202 | $64,312 | -9.3% | 367,499 | 0.0% | 0.00% | 0.0% | ||
| JAWS HURRICANE ACQUISITN COR*w exp 03/26/202 | $38,493 | -3.4% | 248,184 | 0.0% | 0.00% | 0.0% | ||
| DISAW | New | DISRUPTIVE ACQUISITION CORP*w exp 03/06/202 | $26,700 | – | 333,333 | +100.0% | 0.00% | – |
| SLACWS | SOCIAL LEVERAGE ACQUISN CORP*w exp 02/17/202 | $26,750 | +78.9% | 250,000 | 0.0% | 0.00% | – | |
| SHY | Exit | ISHARES TR1 3 yr treas bd | $0 | – | -60,758 | -100.0% | -0.08% | – |
| Exit | JETBLUE AIRWAYS CORPnote 0.500% 4/0 | $0 | – | -7,615,000 | -100.0% | -0.09% | – | |
| DISAU | Exit | DISRUPTIVE ACQUISITION CORPunit 03/06/2026 | $0 | – | -1,000,000 | -100.0% | -0.17% | – |
| DGNU | Exit | DRAGONEER GROWTH OPT CORP II | $0 | – | -1,200,000 | -100.0% | -0.20% | – |
| Exit | VENTYX BIOSCIENCES INC | $0 | – | -1,000,000 | -100.0% | -0.55% | – | |
| JWSM | Exit | JAWS MUSTANG ACQUISITION COR | $0 | – | -4,000,000 | -100.0% | -0.68% | – |
| LH | Exit | LABORATORY CORP AMER HLDGS | $0 | – | -192,125 | -100.0% | -0.76% | – |
| DIS | Exit | DISNEY WALT CO | $0 | – | -950,000 | -100.0% | -1.38% | – |
| FIS | Exit | FIDELITY NATL INFORMATION SV | $0 | – | -2,000,000 | -100.0% | -2.27% | – |
| OVV | Exit | OVINTIV INC | $0 | – | -4,000,000 | -100.0% | -3.40% | – |
| TJX | Exit | TJX COS INC NEW | $0 | – | -2,650,000 | -100.0% | -3.54% | – |
| S | Exit | SENTINELONE INCcl a | $0 | – | -14,700,000 | -100.0% | -3.59% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2023-05-15
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 | 36 | Q2 2024 | 13.8% |
| SOTHEBYS | 26 | Q3 2019 | 7.4% |
| S&P GLOBAL INC | 25 | Q1 2024 | 5.1% |
| CONSTELLATION BRANDS INC | 24 | Q1 2019 | 4.7% |
| BAXTER INTL INC | 21 | Q2 2020 | 28.3% |
| ISHARES TR | 21 | Q4 2022 | 0.1% |
| MICROSOFT CORP | 20 | Q2 2024 | 11.4% |
| KADMON HLDGS INC | 20 | Q2 2021 | 0.6% |
| META PLATFORMS INC | 19 | Q2 2024 | 7.6% |
| ALPHABET INC | 19 | Q2 2024 | 8.1% |
View Third Point's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Cinemark Holdings, Inc. | May 24, 2024 | 7,000,000 | 5.7% |
| FLYEXCLUSIVE INC. | February 13, 2024 | 1,389,499 | 7.9% |
| Global Blue Group Holding AG | February 13, 2024 | 9,720,934 | 4.8% |
| 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% |
View Third Point's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| N-PX | 2024-08-30 |
| 13F-HR | 2024-08-14 |
| 40-APP/A | 2024-08-14 |
| 40-APP | 2024-06-03 |
| SC 13G | 2024-05-24 |
| 13F-HR | 2024-05-15 |
| 13F-HR | 2024-02-14 |
| SC 13D | 2024-02-13 |
| SC 13G/A | 2024-02-13 |
| 13F-HR | 2023-11-14 |
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.