$7.85 Billion is the total value of Third Point's 40 reported holdings in Q1 2024. The portfolio turnover from Q4 2023 to Q1 2024 was 45.9% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| PCG | PG&E CORP | $969,733,600 | -7.0% | 57,860,000 | 0.0% | 12.36% | -21.4% | |
| AMZN | Buy | AMAZON COM INC | $919,938,000 | +44.2% | 5,100,000 | +21.4% | 11.72% | +21.9% |
| MSFT | Sell | MICROSOFT CORP | $742,570,800 | -2.0% | 1,765,000 | -12.4% | 9.46% | -17.1% |
| Sell | BATH & BODY WORKS INC | $642,757,000 | +7.5% | 12,850,000 | -7.2% | 8.19% | -9.0% | |
| FB | Buy | META PLATFORMS INCcl a | $600,176,880 | +46.2% | 1,236,000 | +6.6% | 7.65% | +23.7% |
| DHR | DANAHER CORPORATION | $511,926,000 | +7.9% | 2,050,000 | 0.0% | 6.52% | -8.7% | |
| GOOGL | New | ALPHABET INCcap stk cl a | $452,790,000 | – | 3,000,000 | +100.0% | 5.77% | – |
| VST | Sell | VISTRA CORP | $311,335,500 | +75.7% | 4,470,000 | -2.8% | 3.97% | +48.6% |
| AIG | AMERICAN INTL GROUP INC | $269,686,500 | +15.4% | 3,450,000 | 0.0% | 3.44% | -2.4% | |
| JACOBS SOLUTIONS INC | $269,027,500 | +18.4% | 1,750,000 | 0.0% | 3.43% | +0.2% | ||
| FERG | FERGUSON PLC NEW | $238,088,700 | +13.1% | 1,090,000 | 0.0% | 3.03% | -4.3% | |
| New | CORPAY INC | $200,551,000 | – | 650,000 | +100.0% | 2.56% | – | |
| VZ | VERIZON COMMUNICATIONS INC | $193,036,828 | +11.4% | 4,675,000 | 0.0% | 2.46% | -5.8% | |
| TSM | TAIWAN SEMICONDUCTOR MFG LTDsponsored ads | $159,858,750 | +30.8% | 1,175,000 | 0.0% | 2.04% | +10.6% | |
| SPGI | New | S&P GLOBAL INC | $142,525,750 | – | 335,000 | +100.0% | 1.82% | – |
| ICE | Buy | INTERCONTINENTAL EXCHANGE IN | $137,430,000 | +52.9% | 1,000,000 | +42.9% | 1.75% | +29.3% |
| AAP | New | ADVANCE AUTO PARTS INC | $127,233,982 | – | 1,500,100 | +100.0% | 1.62% | – |
| IFF | Sell | INTERNATIONAL FLAVORS&FRAGRA | $120,386,000 | -27.8% | 1,400,000 | -32.0% | 1.53% | -39.0% |
| Buy | APOLLO GLOBAL MGMT INC | $112,450,000 | +34.1% | 1,000,000 | +11.1% | 1.43% | +13.5% | |
| MRVL | New | MARVELL TECHNOLOGY INC | $108,001,263 | – | 1,525,000 | +100.0% | 1.38% | – |
| GS | New | GOLDMAN SACHS GROUP INC | $104,422,500 | – | 250,000 | +100.0% | 1.33% | – |
| WCC | Buy | WESCO INTL INC | $89,956,256 | +3.5% | 525,200 | +5.0% | 1.15% | -12.5% |
| CNK | New | CINEMARK HLDGS INC | $89,850,000 | – | 5,000,000 | +100.0% | 1.14% | – |
| EQT | EQT CORP | $72,286,500 | -4.1% | 1,950,000 | 0.0% | 0.92% | -18.9% | |
| APOLLO GLOBAL MGMT INCser a mand cnv | $57,375,000 | +13.1% | 900,000 | 0.0% | 0.73% | -4.4% | ||
| GB | GLOBAL BLUE GROUP HOLDING AG | $43,951,029 | +10.8% | 8,387,601 | 0.0% | 0.56% | -6.4% | |
| UBER | Sell | UBER TECHNOLOGIES INC | $38,495,000 | -37.5% | 500,000 | -50.0% | 0.49% | -47.1% |
| TDS | TELEPHONE & DATA SYS INC | $34,232,049 | -12.7% | 2,136,832 | 0.0% | 0.44% | -26.2% | |
| IT | New | GARTNER INC | $26,216,850 | – | 55,000 | +100.0% | 0.33% | – |
| USM | UNITED STATES CELLULAR CORP | $19,905,056 | -12.1% | 545,344 | 0.0% | 0.25% | -25.5% | |
| HTZZW | HERTZ GLOBAL HLDGS INC*w exp 06/30/205 | $17,626,800 | -19.0% | 3,970,000 | 0.0% | 0.22% | -31.4% | |
| TDS | New | TELEPHONE & DATA SYS INCcall | $12,015,000 | – | 750,000 | +100.0% | 0.15% | – |
| FLYEXCLUSIVE INC | $4,415,040 | -21.5% | 1,022,000 | 0.0% | 0.06% | -34.1% | ||
| AURORA INNOVATION INC | $2,911,546 | -35.5% | 1,032,463 | 0.0% | 0.04% | -45.6% | ||
| PTEN | New | PATTERSON-UTI ENERGY INC | $1,791,000 | – | 150,000 | +100.0% | 0.02% | – |
| NET POWER INC*w exp 06/08/202 | $1,450,000 | +31.8% | 500,000 | 0.0% | 0.02% | +5.9% | ||
| AURORA INNOVATION INC*w exp 11/03/202 | $495,450 | -44.9% | 1,835,000 | 0.0% | 0.01% | -57.1% | ||
| JWSMWS | JAWS MUSTANG ACQUISITION COR*w exp 01/30/202 | $215,000 | +441.6% | 1,000,000 | 0.0% | 0.00% | +200.0% | |
| FLYEXCLUSIVE INC*w exp 99/99/999 | $158,025 | +95.5% | 367,499 | 0.0% | 0.00% | +100.0% | ||
| GBWS | GLOBAL BLUE GROUP HOLDING AG*w exp 08/28/202 | $45,067 | -51.6% | 1,333,333 | 0.0% | 0.00% | 0.0% | |
| SLACWS | Exit | SOCIAL LEVERAGE ACQUISN CORP*w exp 02/17/202 | $0 | – | -250,000 | -100.0% | 0.00% | – |
| Exit | TMC THE METALS COMPANY INC*w exp 09/09/202 | $0 | – | -1,000,000 | -100.0% | -0.00% | – | |
| BMRN | Exit | BIOMARIN PHARMACEUTICAL INC | $0 | – | -385,000 | -100.0% | -0.56% | – |
| MCK | Exit | MCKESSON CORP | $0 | – | -165,000 | -100.0% | -1.15% | – |
| FLT | Exit | FLEETCOR TECHNOLOGIES INC | $0 | – | -615,000 | -100.0% | -2.62% | – |
| DD | Exit | DUPONT DE NEMOURS INC | $0 | – | -3,465,000 | -100.0% | -4.02% | – |
| X | Exit | UNITED STATES STL CORP NEW | $0 | – | -5,500,000 | -100.0% | -4.03% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2024-05-15
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.