13F filer · CIK 1040273 ↗
Third Point
You are looking at Q4 2019. See the latest, Q2 2026 →
Reported value
$8.70B
+3.3% on the quarter before
Positions
37
11 new · 14 sold out
Top 10
67.4%
of the value
Est. gain
+$485.3M
on stocks held all quarter
Est. return
+7.0%
on those stocks since Q3 2019
Positions as of Dec 31, 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 Q3 2019. Striped tiles are options.
Largest buys
Since Q3 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.
- Iaa Inc~$305.9MNew · 0.0% → 3.5%+6,500,000 shares
- Td Ameritrade Hldg Corp~$149.1MNew · 0.0% → 1.7%+3,000,000 shares
- Amazon~$129.3MNew · 0.0% → 1.5%+70,000 shares
- Avantor Inc~$127.0MNew · 0.0% → 1.5%+7,000,000 shares
- Raytheon Co~$122.0MNew · 0.0% → 1.4%+555,200 shares
- Viacomcbs Inc~$115.4MNew · 0.0% → 1.3%+2,750,000 shares
- Baxter Intl Inc~$54.4MAdded · 17.5% → 16.8%+650,000 shares
- The Charles Schwab Corporati~$47.6MNew · 0.0% → 0.5%+1,000,000 shares
- Five Below Inc~$44.8MAdded · 1.3% → 1.8%+350,000 shares
- Adobe~$41.2MAdded · 2.7% → 3.6%+125,000 shares
Largest sells
Since Q3 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.
- Sothebys~$379.6MSold out · 4.5% → 0.0%−6,661,604 shares
- PayPal~$279.7MSold out · 3.3% → 0.0%−2,700,000 shares
- Campbell Soup Co~$128.5MCut · 9.5% → 8.2%−2,600,000 shares
- United Technologies Corp~$118.8MCut · 9.7% → 9.0%−793,000 shares
- Fox Corp~$111.2MCut · 3.0% → 2.1%−3,000,000 shares
- Microsoft~$83.4MSold out · 1.0% → 0.0%−600,000 shares
- Colfax Corp~$58.1MSold out · 0.7% → 0.0%−2,000,000 shares
- Salesforce~$48.8MCut · 4.4% → 4.1%−300,000 shares
- Americold Rlty Tr~$47.5MSold out · 0.6% → 0.0%−1,280,000 shares
- Hd Supply Hldgs Inc~$39.2MSold out · 0.5% → 0.0%−1,000,000 shares
Holdings
As of Dec 31, 2019. Changes are in shares against Sep 30, 2019, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Baxter Intl IncCOM · shares +3.9% · price −4.4% | 16.8% | $1.46B | −$64.9M | ||||||||
| United Technologies CorpCOM · shares −13% · price +9.7% | 9.0% | $779.8M | +$68.9M | ||||||||
| Campbell Soup CoCOM · shares −15% · price +5.3% | 8.2% | $711.6M | +$36.0M | ||||||||
| Allergan PlcSHS · shares 0% · price +13.6% | 7.9% | $688.2M | +$82.4M | ||||||||
| Danaher CorporationCOM · shares 0% · price +6.3% | 6.5% | $569.4M | +$33.6M | ||||||||
| SalesforceCOM · shares −12% · price +9.6% | 4.1% | $357.8M | +$31.2M | ||||||||
| Fidelity Natl Information SvCOM · shares +0.00% · price +4.8% | 4.0% | $347.7M | +$15.8M | ||||||||
| Burlington Stores IncCOM · shares −6.7% · price +14.1% | 3.7% | $319.2M | +$39.5M | ||||||||
| AdobeCOM · shares +15% · price +19.4% | 3.6% | $313.3M | +$44.2M | ||||||||
| IQVIACOM · shares 0% · price +3.4% | 3.6% | $309.0M | +$10.3M | ||||||||
| Iaa IncCOM · shares New | 3.5% | $305.9M | — | ||||||||
| Visa Inc.COM CL A · shares 0% · price +9.2% | 3.2% | $281.9M | +$23.8M | ||||||||
| Boston Scientific CorpCOM · shares 0% · price +11.1% | 2.6% | $226.1M | +$22.7M | ||||||||
| S&P Global IncCOM · shares 0% · price +11.5% | 2.5% | $218.4M | +$22.5M | ||||||||
| Fox CorpCL A COM · shares −38% · price +17.6% | 2.1% | $185.3M | +$27.7M | ||||||||
| Far Pt Acquisition CorpCL A FOUNDERS SH · shares 0% · price +1.1% | 1.9% | $162.1M | +$1.7M | ||||||||
| Five Below IncCOM · shares +41% · price +1.4% | 1.8% | $153.4M | +$1.5M | ||||||||
| Centene Corp DelCOM · shares 0% · price +45.3% | 1.7% | $150.9M | +$47.1M | ||||||||
| Td Ameritrade Hldg CorpCOM · shares New | 1.7% | $149.1M | — | ||||||||
| AmazonCOM · shares New | 1.5% | $129.3M | — | ||||||||
| Avantor IncCOM · shares New | 1.5% | $127.0M | — | ||||||||
| Black Knight IncCOM · shares +8.6% · price +5.6% | 1.4% | $122.5M | +$6.0M | ||||||||
| Raytheon CoCOM NEW · shares New | 1.4% | $122.0M | — | ||||||||
| Viacomcbs IncCL B · shares New | 1.3% | $115.4M | — | ||||||||
| Sony CorpSPONSORED ADR · shares 0% · price +15.0% | 1.2% | $102.0M | +$13.3M | ||||||||
| Total · 37 positions | 100% | $8.70B | +$485.3M |
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 Q3 2019 to Q4 2019: 26 stocks held throughout, up $485.3M (+7.0%).
- Allergan Plc+$82.4M+14%
- United Technologies Corp+$68.9M+10%
- Centene Corp Del+$47.1M+45%
- Adobe+$44.2M+19%
- Burlington Stores Inc+$39.5M+14%
- Ishares Tr−$7,262−0%
- Grocery Outlet Hldg Corp−$400,922−6%
- Baxter Intl Inc−$64.9M−4%
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 ↗ |