13F filer · CIK 1040273 ↗
Third Point
You are looking at Q1 2017. See the latest, Q2 2026 →
Reported value
$10.25B
+0.6% on the quarter before
Positions
38
13 new · 13 sold out
Top 10
61.4%
of the value
Est. gain
+$883.1M
on stocks held all quarter
Est. return
+11.6%
on those stocks since Q4 2016
Positions as of Mar 31, 2017, from Third Point's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
Each tile is a position, sized by its share, colored by what the fund did with it since Q4 2016. Striped tiles are options.
Largest buys
Since Q4 2016, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- T Mobile Us Inc~$322.9MNew · 0.0% → 3.2%+5,000,000 shares
- Salesforce~$247.5MNew · 0.0% → 2.4%+3,000,000 shares
- Qualcomm~$200.7MNew · 0.0% → 2.0%+3,500,000 shares
- Hewlett Packard Enterprise~$142.2MNew · 0.0% → 1.4%+6,000,000 shares
- Celanese Corp Del~$112.3MNew · 0.0% → 1.1%+1,250,000 shares
- Humana IncCALL~$103.1MNew · 0.0% → 1.0%+500,000 underlying
- Pioneer Nat Res Co~$93.1MNew · 0.0% → 0.9%+500,000 shares
- Alcoa Corp~$86.0MNew · 0.0% → 0.8%+2,500,000 shares
- Rsp Permian Inc~$82.9MNew · 0.0% → 0.8%+2,000,000 shares
- Parsley Energy Inc~$81.3MNew · 0.0% → 0.8%+2,500,000 shares
Largest sells
Since Q4 2016, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Baxter Intl Inc~$306.1MCut · 22.6% → 23.3%−5,901,767 shares
- Humana Inc~$304.1MCut · 4.8% → 1.9%−1,475,000 shares
- Apple~$214.3MSold out · 2.1% → 0.0%−1,850,000 shares
- Molson Coors Brewing Co~$165.4MSold out · 1.6% → 0.0%−1,700,000 shares
- Privatebancorp Inc~$162.6MSold out · 1.6% → 0.0%−3,000,000 shares
- Chubb Limited~$158.5MSold out · 1.6% → 0.0%−1,200,000 shares
- Jpmorgan Chase & Co~$131.8MCut · 4.4% → 3.2%−1,500,000 shares
- Union Pac Corp~$119.2MSold out · 1.2% → 0.0%−1,150,000 shares
- Conagra Brands Inc~$118.7MSold out · 1.2% → 0.0%−3,000,000 shares
- Monsanto Co New~$115.7MSold out · 1.1% → 0.0%−1,100,000 shares
Holdings
As of Mar 31, 2017. Changes are in shares against Dec 31, 2016, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Baxter Intl IncCOM · shares −11% · price +17.0% | 23.3% | $2.39B | +$345.9M | ||||||||
| Dow Chem CoCOM · shares −7.6% · price +11.0% | 9.7% | $997.6M | +$99.2M | ||||||||
| Constellation Brands IncCL A · shares 0% · price +5.7% | 4.7% | $486.2M | +$26.3M | ||||||||
| MetaCL A · shares −14% · price +23.5% | 4.2% | $426.1M | +$81.0M | ||||||||
| AlphabetCAP STK CL A · shares +7.1% · price +7.0% | 3.8% | $385.7M | +$23.5M | ||||||||
| Time Warner IncCOM NEW · shares +17% · price +1.2% | 3.3% | $342.0M | +$3.5M | ||||||||
| Jpmorgan Chase & CoCOM · shares −29% · price +1.8% | 3.2% | $329.4M | +$5.8M | ||||||||
| T Mobile Us IncCOM · shares New | 3.2% | $322.9M | — | ||||||||
| Bank Amer CorpCOM · shares −23% · price +6.7% | 3.1% | $318.5M | +$20.1M | ||||||||
| SothebysCOM · shares 0% · price +14.1% | 3.0% | $303.0M | +$37.4M | ||||||||
| Sherwin Williams CoCOM · shares −10% · price +15.4% | 2.7% | $279.2M | +$37.3M | ||||||||
| Danaher Corp DelCOM · shares −4.6% · price +9.9% | 2.6% | $265.1M | +$23.8M | ||||||||
| Charter Communications Inc NCL A · shares −5.9% · price +13.7% | 2.6% | $261.9M | +$31.5M | ||||||||
| SalesforceCOM · shares New | 2.4% | $247.5M | — | ||||||||
| General Dynamics CorpCOM · shares −3.8% · price +8.4% | 2.3% | $234.0M | +$18.2M | ||||||||
| Mohawk Inds IncCOM · shares −21% · price +14.9% | 2.1% | $218.0M | +$28.3M | ||||||||
| QualcommCOM · shares New | 2.0% | $200.7M | — | ||||||||
| Zayo Group Hldgs IncCOM · shares −14% · price +0.1% | 1.9% | $197.4M | +$240,000 | ||||||||
| S&P Global IncCOM · shares −6.3% · price +21.6% | 1.9% | $196.1M | +$34.8M | ||||||||
| Humana IncCOM · shares −61% · price +1.0% | 1.9% | $190.7M | +$2.0M | ||||||||
| Anthem IncCOM · shares +15% · price +15.0% | 1.9% | $190.2M | +$21.6M | ||||||||
| Honeywell TechnologiesCOM · shares 0% · price +7.8% | 1.7% | $171.7M | +$12.4M | ||||||||
| Dell Technologies IncCOM CL V · shares −3.8% · price +16.6% | 1.6% | $160.2M | +$22.8M | ||||||||
| Hewlett Packard EnterpriseCOM · shares New | 1.4% | $142.2M | — | ||||||||
| Rice Energy IncCOM · shares +89% · price +11.0% | 1.2% | $118.5M | +$6.2M | ||||||||
| Total · 38 positions | 100% | $10.25B | +$883.1M |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q4 2016 to Q1 2017: 25 stocks held throughout, up $883.1M (+11.6%).
- Baxter Intl Inc+$345.9M+17%
- Dow Chem Co+$99.2M+11%
- Meta+$81.0M+23%
- Sothebys+$37.4M+14%
- Sherwin Williams Co+$37.3M+15%
- Green Brick Partners Inc−$808,000−1%
- Kadmon Hldgs Inc−$13.5M−32%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $4.68B+125% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $2.08B−71% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $7.27B−19% | SEC ↗ |
| Q3 2025 | Nov 14, 2025 | $8.99B+18% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $7.62B+16% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $6.55B−12% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $7.44B+0% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $7.43B−15% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $8.74B+11% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $7.85B+18% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $6.64B+1% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $6.59B−3% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $6.82B+12% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $6.11B+2% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $5.97B+8% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $5.53B+31% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $4.22B−45% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $7.68B−46% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $14.33B−22% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 | $18.32B+7% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $17.08B+15% | SEC ↗ |
| Q1 2021 | May 14, 2021 | $14.84B+14% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $12.97B+30% | SEC ↗ |
| Q3 2020 | Nov 13, 2020 | $10.00B+37% | SEC ↗ |
| Q2 2020 | Aug 17, 2020 | $7.30B+17% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $6.27B−28% | SEC ↗ |
| Q4 2019 | Feb 13, 2020 | $8.70B+3% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $8.42B−1% | SEC ↗ |
| Q2 2019 | Aug 12, 2019 | $8.54B−5% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $8.99B+38% | SEC ↗ |
| Q4 2018 | Feb 8, 2019 | $6.51B−55% | SEC ↗ |
| Q3 2018 | Nov 9, 2018 | $14.31B−0% | SEC ↗ |
| Q2 2018 | Aug 10, 2018 | $14.35B+8% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $13.32B−4% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $13.86B+16% | SEC ↗ |
| Q3 2017 | Nov 9, 2017 | $11.90B+5% | SEC ↗ |
| Q2 2017 | Aug 11, 2017 | $11.28B+10% | SEC ↗ |
| Q1 2017 | May 12, 2017 | $10.25B+1% | SEC ↗ |
| Q4 2016 | Feb 10, 2017 | $10.19B−11% | SEC ↗ |
| Q3 2016 | Nov 10, 2016 | $11.50B+10% | SEC ↗ |
| Q2 2016 | Aug 12, 2016 | $10.49B−3% | SEC ↗ |
| Q1 2016 | May 13, 2016 | $10.86B | SEC ↗ |