Daniel Loeb - Third Point Portfolio Holdings

As of Sep 30, 2025, the Third Point portfolio holdings is valued at approximately $8,381,781,114.00 featuring 43 publicly traded holdings. This in-depth profile highlights the top investments led by PG&E CORP (PCG), AMAZON COM INC (AMZN), MICROSOFT CORP (MSFT), NVIDIA CORPORATION (NVDA), and others based on the company's latest SEC filings reported on Nov 14, 2025. Explore insights into portfolio composition, sector allocation, and recent trade activity.

Third Point's stock portfolio spans 43 holdings across 10 sectors, with a total market value of $8,381,781,114.00. The Technology sector represents the largest allocation, while the top holdings account for nearly 53% of the total portfolio value. PG&E CORP remains the single largest position at 9.0% of all equity investments.

Complete Holdings

Showing 43 of 43 holdings.

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# Company Symbol Sector Portfolio % Shares Change (Shares) Change % Value
1 PG&E CORP PCG Utilities 9.01% 50,100,000 -1,000,000 -1.96% $755,508,000.00
2 AMAZON COM INC AMZN Consumer Cyclical 7.36% 2,810,000 +100,000 +3.69% $616,991,700.00
3 MICROSOFT CORP MSFT Technology 6.80% 1,100,000 +700,000 +175.00% $569,745,000.00
4 NVIDIA CORPORATION NVDA Technology 6.34% 2,850,000 +50,000 +1.79% $531,753,000.00
5 NORFOLK SOUTHN CORP NSC Industrials 5.91% 1,650,000 +1,650,000 +100.00% $495,676,500.00
6 BROOKFIELD CORP BN Financial Services 3.83% 4,675,000 - - $320,611,500.00
7 TAIWAN SEMICONDUCTOR MFG LTD TSM Technology 3.67% 1,100,000 -330,000 -23.08% $307,219,000.00
8 CAPITAL ONE FINL CORP COF Financial Services 3.51% 1,385,000 -419,204 -23.23% $294,423,300.00
9 FLUTTER ENTMT PLC FLUT Other 3.39% 1,120,000 +50,000 +4.67% $284,480,000.00
10 CASEYS GEN STORES INC CASY Consumer Cyclical 3.37% 500,000 +140,000 +38.89% $282,660,000.00
11 TELEPHONE & DATA SYS INC TDS Communication Services 3.14% 6,707,274 -17,726 -0.26% $263,193,432.00
12 CRH PLC CRH Other 3.10% 2,165,000 -425,000 -16.41% $259,583,500.00
13 COSTAR GROUP INC CSGP Real Estate 3.04% 3,017,000 -68,000 -2.20% $254,544,290.00
14 SOMNIGROUP INTERNATIONAL INC TPX Consumer Cyclical 3.02% 3,000,000 +3,000,000 +100.00% $252,990,000.00
15 LIVE NATION ENTERTAINMENT IN LYV Communication Services 2.63% 1,350,000 -625,000 -31.65% $220,590,000.00
16 CARPENTER TECHNOLOGY CORP CRS Industrials 2.49% 850,000 +100,000 +13.33% $208,709,000.00
17 UNION PAC CORP UNP Industrials 2.47% 875,000 -275,000 -23.91% $206,823,750.00
18 LPL FINL HLDGS INC LPLA Financial Services 2.36% 594,143 -30,857 -4.94% $197,665,435.00
19 MR COOPER GROUP INC COOP Financial Services 2.33% 925,000 - - $194,980,750.00
20 SHARKNINJA INC SN Other 2.22% 1,800,000 +600,000 +50.00% $185,670,000.00
21 VISTRA CORP VST Utilities 2.19% 935,000 -315,000 -25.20% $183,185,200.00
22 COMFORT SYS USA INC FIX Industrials 1.97% 200,000 +15,000 +8.11% $165,036,000.00
23 META PLATFORMS INC META Communication Services 1.93% 220,000 +70,000 +46.67% $161,563,600.00
24 MASTEC INC MTZ Industrials 1.84% 725,000 +725,000 +100.00% $154,287,250.00
25 TALEN ENERGY CORP TLN Other 1.78% 350,000 -435,000 -55.41% $148,883,000.00
26 KENVUE INC KVUE Consumer Defensive 1.74% 9,000,000 +475,000 +5.57% $146,070,000.00
27 JACOBS SOLUTIONS INC J Industrials 1.64% 915,000 -349,000 -27.61% $137,121,900.00
28 PRIMO BRANDS CORPORATION 741623102 Other 1.52% 5,775,000 - - $127,627,500.00
29 FLOOR & DECOR HLDGS INC FND Consumer Cyclical 1.17% 1,330,000 +1,330,000 +100.00% $98,021,000.00
30 APOLLO GLOBAL MGMT INC APO Financial Services 1.03% 650,000 -625,000 -49.02% $86,625,500.00
31 ROCKET COS INC RKT Financial Services 0.92% 4,000,000 -750,000 -15.79% $77,520,000.00
32 APOLLO GLOBAL MGMT INC APO-A Other 0.75% 900,000 - - $63,252,000.00
33 CORE SCIENTIFIC INC NEW CORZ Technology 0.64% 3,000,000 +3,000,000 +100.00% $53,820,000.00
34 STRATA CRITICAL MEDICAL INC BLDE Industrials 0.30% 5,000,000 +5,000,000 +100.00% $25,300,000.00
35 HERTZ GLOBAL HLDGS INC HTZWW Industrials 0.18% 3,970,000 - - $14,768,400.00
36 DANAHER CORPORATION DHR Healthcare 0.12% 50,000 -450,000 -90.00% $9,913,000.00
37 PG&E CORP 69331C306 Other 0.07% 140,000 - - $5,513,200.00
38 FLYEXCLUSIVE INC FLYX Industrials 0.06% 1,022,000 - - $5,048,680.00
39 AURORA INNOVATION INC AUR Technology 0.03% 1,032,463 - - $2,173,719.00
40 AURORA INNOVATION INC AUROW Technology 0.01% 1,835,000 - - $877,000.00
41 BAUSCH HEALTH COS INC BHC Healthcare 0.01% 100,000 +100,000 +100.00% $645,000.00
42 COMMUNITY HEALTH SYS INC NEW CYH Healthcare 0.01% 150,000 +150,000 +100.00% $481,500.00
43 FLYEXCLUSIVE INC FLYX-WS Other 0.00% 367,499 - - $116,681.00

Holdings by Sector

Sector Allocation Value
Technology 17.51% $1,465,587,719.00
Industrials 16.88% $1,412,771,480.00
Consumer Cyclical 14.94% $1,250,662,700.00
Financial Services 14.00% $1,171,826,485.00
Other 12.84% $1,075,125,881.00
Utilities 11.21% $938,693,200.00
Communication Services 7.71% $645,347,032.00
Real Estate 3.04% $254,544,290.00
Consumer Defensive 1.74% $146,070,000.00
Healthcare 0.13% $11,039,500.00

Portfolio insights

As of Sep 30, 2025, the Third Point portfolio holds 43 securities valued at $8,371,668,287.00. The Technology sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.