13F filer · CIK 1040273 ↗
Third Point
You are looking at Q4 2020. See the latest, Q2 2026 →
Reported value
$12.97B
+30% on the quarter before
Positions
74
37 new · 10 sold out
Top 10
46.2%
of the value
Est. gain
+$1.19B
on stocks held all quarter
Est. return
+14.5%
on those stocks since Q3 2020
Positions as of Dec 31, 2020, 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 2020. Striped tiles are options.
Largest buys
Since Q3 2020, 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.
- Upstart~$520.4MNew · 0.0% → 4.0%+13,381,222 shares
- Alphabet~$455.7MNew · 0.0% → 3.5%+260,000 shares
- Intuit~$265.9MAdded · 1.0% → 2.9%+700,000 shares
- Aptiv Plc~$195.4MNew · 0.0% → 1.5%+1,500,000 shares
- Avantor Inc~$168.9MAdded · 1.1% → 2.4%+6,000,000 shares
- Stanley Black & Decker Inc~$146.0MNew · 0.0% → 1.1%+817,841 shares
- Nike Inc~$141.5MNew · 0.0% → 1.1%+1,000,000 shares
- Catalent Inc~$127.5MNew · 0.0% → 1.0%+1,225,000 shares
- Leslies Inc~$124.9MNew · 0.0% → 1.0%+4,500,000 shares
- Carmax Inc~$120.4MNew · 0.0% → 0.9%+1,275,000 shares
Largest sells
Since Q3 2020, 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.
- Alibaba~$261.8MCut · 7.4% → 2.5%−1,125,000 shares
- Fortive Corp~$228.6MSold out · 2.3% → 0.0%−3,000,000 shares
- Amazon~$195.4MCut · 6.5% → 3.6%−60,000 shares
- Pinterest Inc~$169.9MCut · 1.5% → 0.5%−2,577,500 shares
- Fidelity Natl Information Sv~$150.5MCut · 4.7% → 2.3%−1,063,578 shares
- Block~$130.0MSold out · 1.3% → 0.0%−800,000 shares
- Salesforce~$116.8MCut · 3.6% → 1.5%−525,000 shares
- Adobe~$92.5MCut · 3.1% → 1.8%−185,000 shares
- Jd.Com Inc~$92.3MCut · 3.5% → 2.3%−1,050,000 shares
- Walt Disney Company (The)~$90.6MCut · 6.6% → 6.7%−500,000 shares
Holdings
As of Dec 31, 2020. Changes are in shares against Sep 30, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pg&E CorpCOM · shares 0% · price +32.7% | 8.2% | $1.06B | +$260.8M | ||||||||
| Walt Disney Company (The)COM · shares −9.4% · price +46.0% | 6.7% | $869.7M | +$274.1M | ||||||||
| Danaher CorporationCOM · shares 0% · price +3.2% | 5.1% | $666.4M | +$20.4M | ||||||||
| Iaa IncCOM · shares −6.0% · price +24.8% | 5.0% | $643.3M | +$127.8M | ||||||||
| UpstartCOM · shares New | 4.0% | $520.4M | — | ||||||||
| Charter Communications Inc NCL A · shares 0% · price +6.0% | 3.8% | $496.2M | +$27.9M | ||||||||
| AmazonCOM · shares −29% · price +3.4% | 3.6% | $472.3M | +$15.7M | ||||||||
| AlphabetCAP STK CL A · shares New | 3.5% | $455.7M | — | ||||||||
| Burlington Stores IncCOM · shares 0% · price +26.9% | 3.4% | $436.8M | +$92.6M | ||||||||
| IntuitCOM · shares +233% · price +16.4% | 2.9% | $379.9M | +$16.1M | ||||||||
| Visa Inc.COM CL A · shares 0% · price +9.4% | 2.6% | $339.0M | +$29.1M | ||||||||
| AlibabaSPONSORED ADS · shares −45% · price −20.8% | 2.5% | $325.8M | −$85.8M | ||||||||
| IQVIACOM · shares 0% · price +13.7% | 2.5% | $324.4M | +$39.0M | ||||||||
| Avantor IncCOM · shares +120% · price +25.2% | 2.4% | $309.6M | +$28.3M | ||||||||
| Fidelity Natl Information SvCOM · shares −33% · price −3.9% | 2.3% | $302.2M | −$12.3M | ||||||||
| MetaCL A · shares −2.2% · price +4.3% | 2.3% | $300.5M | +$12.4M | ||||||||
| Transdigm Group IncCOM · shares +11% · price +30.3% | 2.3% | $300.1M | +$62.5M | ||||||||
| Jd.Com IncSPON ADR CL A · shares −24% · price +13.3% | 2.3% | $298.9M | +$35.0M | ||||||||
| S&P Global IncCOM · shares +16% · price −8.8% | 2.3% | $295.9M | −$24.7M | ||||||||
| MicrosoftCOM · shares +18% · price +5.7% | 2.2% | $289.1M | +$13.3M | ||||||||
| Ferrari N VCOM · shares 0% · price +24.7% | 1.9% | $249.0M | +$49.3M | ||||||||
| AdobeCOM · shares −29% · price +2.0% | 1.8% | $227.6M | +$4.4M | ||||||||
| SalesforceCOM · shares −37% · price −11.5% | 1.5% | $200.3M | −$25.9M | ||||||||
| Aptiv PlcSHS · shares New | 1.5% | $195.4M | — | ||||||||
| Te Connectivity LtdREG SHS · shares 0% · price +23.9% | 1.4% | $187.7M | +$36.2M | ||||||||
| Total · 74 positions | 100% | $12.97B | +$1.19B |
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 2020 to Q4 2020: 37 stocks held throughout, up $1.19B (+14.5%).
- Walt Disney Company (The)+$274.1M+46%
- Pg&E Corp+$260.8M+33%
- Iaa Inc+$127.8M+25%
- Burlington Stores Inc+$92.6M+27%
- Transdigm Group Inc+$62.5M+30%
- Bristol-Myers Squibb Co−$9.4M−69%
- Fidelity Natl Information Sv−$12.3M−4%
- S&P Global Inc−$24.7M−9%
- Salesforce−$25.9M−11%
- Alibaba−$85.8M−21%
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 ↗ |