13F filer · CIK 1040273 ↗
Third Point
You are looking at Q2 2019. See the latest, Q2 2026 →
Reported value
$8.54B
−5.1% on the quarter before
Positions
42
16 new · 5 sold out
Top 10
69.2%
of the value
Est. gain
+$399.8M
on stocks held all quarter
Est. return
+5.4%
on those stocks since Q1 2019
Positions as of Jun 30, 2019, 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 Q1 2019. Striped tiles are options.
Largest buys
Since Q1 2019, 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.
- Centene Corp Del~$131.1MNew · 0.0% → 1.5%+2,500,000 shares
- Burlington Stores Inc~$119.1MNew · 0.0% → 1.4%+700,000 shares
- Chemours Co~$57.0MAdded · 0.8% → 1.2%+2,375,000 shares
- Gtt Communications Inc~$53.9MNew · 0.0% → 0.6%+3,065,078 shares
- Tradeweb Mkts Inc~$43.8MNew · 0.0% → 0.5%+1,000,000 shares
- Americold Rlty Tr~$41.5MNew · 0.0% → 0.5%+1,280,000 shares
- Clear Channel Outdoor Hldgs~$37.8MNew · 0.0% → 0.4%+8,000,000 shares
- Pinterest Inc~$36.9MNew · 0.0% → 0.4%+1,355,000 shares
- Netflix~$36.7MAdded · 1.6% → 2.2%+100,000 shares
- Marathon Pete Corp~$27.9MAdded · 2.3% → 2.6%+500,000 shares
Largest sells
Since Q1 2019, 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.
- Dowdupont Inc~$466.2MSold out · 5.2% → 0.0%−8,745,000 shares
- Baxter Intl Inc~$409.5MCut · 25.3% → 22.1%−5,000,000 shares
- Constellation Brands Inc~$184.1MSold out · 2.0% → 0.0%−1,050,000 shares
- Celgene Corp~$165.1MSold out · 1.8% → 0.0%−1,750,000 shares
- American Express Co~$163.9MSold out · 1.8% → 0.0%−1,500,000 shares
- Campbell Soup Co~$100.2MCut · 8.9% → 8.7%−2,500,000 shares
- International Flavors&FragraPUT~$64.4MSold out · 0.7% → 0.0%−500,000 underlying
- United Technologies Corp~$62.5MCut · 9.3% → 9.1%−480,000 shares
- IQVIA~$4.8MCut · 2.6% → 3.0%−30,000 shares
- Ishares Tr~$409,556Cut · 0.0% → 0.0%−4,831 shares
Holdings
As of Jun 30, 2019. Changes are in shares against Mar 31, 2019, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Baxter Intl IncCOM · shares −18% · price +0.7% | 22.1% | $1.88B | +$13.6M | ||||||||
| United Technologies CorpCOM · shares −7.4% · price +1.0% | 9.1% | $781.2M | +$7.9M | ||||||||
| Campbell Soup CoCOM · shares −12% · price +5.1% | 8.7% | $741.3M | +$35.9M | ||||||||
| Danaher CorporationCOM · shares 0% · price +8.3% | 6.2% | $530.2M | +$40.4M | ||||||||
| PayPalCOM · shares 0% · price +10.2% | 4.7% | $400.6M | +$37.2M | ||||||||
| SothebysCOM · shares 0% · price +54.0% | 4.5% | $387.2M | +$135.8M | ||||||||
| Fox CorpCL A COM · shares +7.6% · price −0.2% | 4.5% | $384.7M | −$682,800 | ||||||||
| AdobeCOM · shares +2.8% · price +10.6% | 3.2% | $272.6M | +$25.3M | ||||||||
| Worldpay IncCL A · shares 0% · price +8.0% | 3.2% | $269.6M | +$19.9M | ||||||||
| Visa Inc.COM CL A · shares 0% · price +11.1% | 3.0% | $260.3M | +$26.0M | ||||||||
| IQVIACOM · shares −1.8% · price +11.9% | 3.0% | $257.4M | +$27.3M | ||||||||
| Boston Scientific CorpCOM · shares +10% · price +12.0% | 2.8% | $236.4M | +$23.0M | ||||||||
| Marathon Pete CorpCOM · shares +14% · price −6.6% | 2.6% | $223.5M | −$13.9M | ||||||||
| SalesforceCOM · shares +11% · price −4.2% | 2.3% | $197.2M | −$7.8M | ||||||||
| NetflixCOM · shares +25% · price +3.0% | 2.2% | $183.7M | +$4.3M | ||||||||
| S&P Global IncCOM · shares 0% · price +8.2% | 2.0% | $173.1M | +$13.1M | ||||||||
| Ross Stores IncCOM · shares +3.1% · price +6.5% | 1.9% | $163.5M | +$9.6M | ||||||||
| Far Pt Acquisition CorpCL A FOUNDERS SH · shares 0% · price +2.4% | 1.9% | $159.9M | +$3.8M | ||||||||
| Centene Corp DelCOM · shares New | 1.5% | $131.1M | — | ||||||||
| Burlington Stores IncCOM · shares New | 1.4% | $119.1M | — | ||||||||
| Black Knight IncCOM · shares 0% · price +10.4% | 1.2% | $105.3M | +$9.9M | ||||||||
| Chemours CoCOM · shares +119% · price −35.4% | 1.2% | $105.0M | −$26.3M | ||||||||
| MicrosoftCOM · shares +20% · price +13.6% | 0.94% | $80.4M | +$8.0M | ||||||||
| Sony CorpSPONSORED ADR · shares 0% · price +24.0% | 0.92% | $78.6M | +$15.2M | ||||||||
| Colfax CorpCOM · shares 0% · price −5.6% | 0.66% | $56.1M | −$3.3M | ||||||||
| Total · 42 positions | 100% | $8.54B | +$399.8M |
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 Q1 2019 to Q2 2019: 26 stocks held throughout, up $399.8M (+5.4%).
- Sothebys+$135.8M+54%
- Danaher Corporation+$40.4M+8%
- PayPal+$37.2M+10%
- Campbell Soup Co+$35.9M+5%
- IQVIA+$27.3M+12%
- Colfax Corp−$3.3M−6%
- Kadmon Hldgs Inc−$5.5M−22%
- Salesforce−$7.8M−4%
- Marathon Pete Corp−$13.9M−7%
- Chemours Co−$26.3M−35%
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 ↗ |