13F filer · CIK 1040273 ↗
Third Point
You are looking at Q3 2018. See the latest, Q2 2026 →
Reported value
$14.31B
−0.3% on the quarter before
Positions
31
7 new · 14 sold out
Top 10
69.8%
of the value
Est. gain
+$1.79B
on stocks held all quarter
Est. return
+17.8%
on those stocks since Q2 2018
Positions as of Sep 30, 2018, 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 Q2 2018. Striped tiles are options.
Largest buys
Since Q2 2018, 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.
- American Express Co~$532.5MNew · 0.0% → 3.7%+5,000,000 shares
- Campbell Soup Co~$456.0MAdded · 1.6% → 4.6%+12,450,000 shares
- Merck & Co Inc~$319.2MNew · 0.0% → 2.2%+4,500,000 shares
- Shire Plc~$290.0MNew · 0.0% → 2.0%+1,600,000 shares
- Microsoft~$211.6MAdded · 1.5% → 3.3%+1,850,000 shares
- IQVIA~$194.6MNew · 0.0% → 1.4%+1,500,000 shares
- United Technologies Corp~$111.8MAdded · 6.6% → 8.2%+800,000 shares
- Constellation Brands Inc~$86.2MAdded · 3.1% → 3.6%+400,000 shares
- Diamondback Energy Inc~$67.6MNew · 0.0% → 0.5%+500,000 shares
- Wpx Energy Inc~$63.1MNew · 0.0% → 0.4%+3,135,900 shares
Largest sells
Since Q2 2018, 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.
- Nxp Semiconductors N V~$1.17BSold out · 8.2% → 0.0%−10,750,000 shares
- Meta~$583.0MSold out · 4.1% → 0.0%−3,000,000 shares
- Vulcan Matls Co~$354.9MSold out · 2.5% → 0.0%−2,750,000 shares
- BlackRock~$324.4MSold out · 2.3% → 0.0%−650,000 shares
- Netflix~$280.6MCut · 5.5% → 3.3%−750,000 shares
- Wynn Resorts Ltd~$255.2MSold out · 1.8% → 0.0%−1,525,000 shares
- Electronic Arts Inc~$232.7MSold out · 1.6% → 0.0%−1,650,000 shares
- Sherwin Williams Co~$224.2MSold out · 1.6% → 0.0%−550,000 shares
- Dell Technologies Inc~$169.2MSold out · 1.2% → 0.0%−2,000,000 shares
- Dowdupont Inc~$138.3MCut · 6.6% → 5.5%−2,150,000 shares
Holdings
As of Sep 30, 2018. Changes are in shares against Jun 30, 2018, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Baxter Intl IncCOM · shares 0% · price +4.4% | 19.4% | $2.78B | +$117.0M | ||||||||
| Far Pt Acquisition CorpCL A FOUNDERS SH · shares 0% · price +954.4% | 11.3% | $1.61B | +$1.46B | ||||||||
| United Technologies CorpCOM · shares +11% · price +11.8% | 8.2% | $1.17B | +$112.3M | ||||||||
| PayPalCOM · shares −9.5% · price +5.5% | 5.6% | $795.0M | +$41.4M | ||||||||
| Dowdupont IncCOM · shares −15% · price −2.4% | 5.5% | $781.4M | −$19.6M | ||||||||
| AlibabaSPONSORED ADS · shares +1.1% · price −11.2% | 4.7% | $666.5M | −$83.1M | ||||||||
| Campbell Soup CoCOM · shares +224% · price −9.6% | 4.6% | $659.3M | −$21.7M | ||||||||
| American Express CoCOM · shares New | 3.7% | $532.5M | — | ||||||||
| Constellation Brands IncCL A · shares +20% · price −1.5% | 3.6% | $517.5M | −$6.5M | ||||||||
| MicrosoftCOM · shares +82% · price +16.0% | 3.3% | $468.9M | +$35.5M | ||||||||
| NetflixCOM · shares −38% · price −4.4% | 3.3% | $467.7M | −$21.6M | ||||||||
| Dover CorpCOM · shares 0% · price +20.9% | 2.5% | $354.1M | +$61.3M | ||||||||
| Danaher Corp DelCOM · shares 0% · price +10.1% | 2.5% | $353.1M | +$32.4M | ||||||||
| SothebysCOM · shares 0% · price −9.5% | 2.3% | $327.7M | −$34.3M | ||||||||
| Merck & Co IncCOM · shares New | 2.2% | $319.2M | — | ||||||||
| Worldpay IncCL A · shares +5.2% · price +23.8% | 2.2% | $308.9M | +$56.5M | ||||||||
| Shire PlcSPONSORED ADR · shares New | 2.0% | $290.0M | — | ||||||||
| Marathon Pete CorpCOM · shares +13% · price +14.0% | 2.0% | $279.9M | +$30.4M | ||||||||
| Visa Inc.COM CL A · shares 0% · price +13.3% | 1.8% | $255.2M | +$30.0M | ||||||||
| AdobeCOM · shares +29% · price +10.7% | 1.7% | $243.0M | +$18.3M | ||||||||
| Lennar CorpCL A · shares −14% · price −11.1% | 1.7% | $241.4M | −$30.0M | ||||||||
| Deere & CoCOM · shares +23% · price +7.5% | 1.4% | $202.9M | +$11.6M | ||||||||
| IQVIACOM · shares New | 1.4% | $194.6M | — | ||||||||
| S&P Global IncCOM · shares −24% · price −4.2% | 1.3% | $192.4M | −$8.4M | ||||||||
| SalesforceCOM · shares −20% · price +16.6% | 0.56% | $79.5M | +$11.3M | ||||||||
| Total · 31 positions | 100% | $14.31B | +$1.79B |
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 Q2 2018 to Q3 2018: 24 stocks held throughout, up $1.79B (+17.8%).
- Far Pt Acquisition Corp+$1.46B+954%
- Baxter Intl Inc+$117.0M+4%
- United Technologies Corp+$112.3M+12%
- Dover Corp+$61.3M+21%
- Worldpay Inc+$56.5M+24%
- Netflix−$21.6M−4%
- Campbell Soup Co−$21.7M−10%
- Lennar Corp−$30.0M−11%
- Sothebys−$34.3M−9%
- Alibaba−$83.1M−11%
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 ↗ |