13F filer · CIK 1040273 ↗
Third Point
You are looking at Q1 2023. See the latest, Q2 2026 →
Reported value
$6.11B
+2.4% on the quarter before
Positions
46
14 new · 12 sold out
Top 10
76.9%
of the value
Est. gain
−$160.6M
on stocks held all quarter
Est. return
−3.5%
on those stocks since Q4 2022
Positions as of Mar 31, 2023, 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 2022. Striped tiles are options.
Largest buys
Since Q4 2022, 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.
- Alphabet~$492.7MNew · 0.0% → 8.1%+4,750,000 shares
- Hca Healthcare Inc~$226.8MNew · 0.0% → 3.7%+860,000 shares
- Salesforce~$159.8MNew · 0.0% → 2.6%+800,000 shares
- Alibaba~$135.5MNew · 0.0% → 2.2%+1,326,450 shares
- National Instrs Corp~$104.8MNew · 0.0% → 1.7%+2,000,000 shares
- AMD~$98.0MNew · 0.0% → 1.6%+1,000,000 shares
- Wesco Intl Inc~$73.1MNew · 0.0% → 1.2%+472,968 shares
- Micron~$72.3MNew · 0.0% → 1.2%+1,200,000 shares
- Dupont De Nemours Inc~$71.8MAdded · 3.5% → 4.7%+1,000,000 shares
- Vistra~$50.8MNew · 0.0% → 0.8%+2,115,000 shares
Largest sells
Since Q4 2022, 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.
- SentinelOne~$214.5MSold out · 3.6% → 0.0%−14,700,000 shares
- Tjx Cos Inc New~$210.9MSold out · 3.5% → 0.0%−2,650,000 shares
- Ovintiv Inc~$202.8MSold out · 3.4% → 0.0%−4,000,000 shares
- Unitedhealth Group Inc~$158.3MCut · 6.0% → 2.6%−335,000 shares
- Fidelity Natl Information Sv~$135.7MSold out · 2.3% → 0.0%−2,000,000 shares
- American Intl Group Inc~$108.3MCut · 5.4% → 2.4%−2,150,000 shares
- Walt Disney Company (The)~$82.5MSold out · 1.4% → 0.0%−950,000 shares
- Laboratory Corp Amer Hldgs~$45.2MSold out · 0.8% → 0.0%−192,125 shares
- Jaws Mustang Acquisition Cor~$40.4MSold out · 0.7% → 0.0%−4,000,000 shares
- Colgate Palmolive Co~$37.6MCut · 15.2% → 13.6%−500,000 shares
Holdings
As of Mar 31, 2023. Changes are in shares against Dec 31, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pg&E CorpCOM · shares +0.3% · price −0.6% | 15.7% | $958.1M | −$5.3M | ||||||||
| Colgate Palmolive CoCOM · shares −4.3% · price −4.6% | 13.6% | $830.4M | −$40.2M | ||||||||
| Danaher CorporationCOM · shares +1.9% · price −5.0% | 11.3% | $693.1M | −$36.1M | ||||||||
| Bath & Body Works IncCOM · shares +0.01% · price −13.2% | 8.2% | $503.0M | −$76.5M | ||||||||
| AlphabetCAP STK CL A · shares New | 8.1% | $492.7M | — | ||||||||
| MicrosoftCOM · shares −11% · price +20.2% | 5.0% | $302.7M | +$50.9M | ||||||||
| Dupont De Nemours IncCOM · shares +33% · price +4.6% | 4.7% | $287.1M | +$9.4M | ||||||||
| International Flavors&FragraCOM · shares +11% · price −12.3% | 3.8% | $234.5M | −$29.6M | ||||||||
| Hca Healthcare IncCOM · shares New | 3.7% | $226.8M | — | ||||||||
| Ferguson Plc NewSHS · shares +38% · price +5.3% | 2.8% | $170.5M | +$6.3M | ||||||||
| SalesforceCOM · shares New | 2.6% | $159.8M | — | ||||||||
| Unitedhealth Group IncCOM · shares −50% · price −10.9% | 2.6% | $158.3M | −$19.3M | ||||||||
| American Intl Group IncCOM NEW · shares −42% · price −20.4% | 2.4% | $148.6M | −$38.0M | ||||||||
| AlibabaSPONSORED ADS · shares New | 2.2% | $135.5M | — | ||||||||
| National Instrs CorpCOM · shares New | 1.7% | $104.8M | — | ||||||||
| Hertz Global Hldgs IncCOM NEW · shares +19% · price +5.8% | 1.7% | $103.4M | +$4.8M | ||||||||
| AMDCOM · shares New | 1.6% | $98.0M | — | ||||||||
| Wesco Intl IncCOM · shares New | 1.2% | $73.1M | — | ||||||||
| MicronCOM · shares New | 1.2% | $72.3M | — | ||||||||
| Pg&E CorpUNIT 08/16/2023 · shares 0% · price −1.3% | 1.1% | $67.0M | −$899,610 | ||||||||
| Global Blue Group Holding AgORD SHS · shares 0% · price +29.6% | 0.84% | $51.2M | +$11.7M | ||||||||
| VistraCOM · shares New | 0.83% | $50.8M | — | ||||||||
| Teck Resources LtdCL B · shares New | 0.69% | $42.0M | — | ||||||||
| Denbury IncCOM · shares New | 0.36% | $21.9M | — | ||||||||
| Jacobs Solutions IncCOM · shares New | 0.36% | $21.8M | — | ||||||||
| Total · 46 positions | 100% | $6.11B | −$160.6M |
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 2022 to Q1 2023: 32 stocks held throughout, down $160.6M (−3.5%).
- Microsoft+$50.9M+20%
- Global Blue Group Holding Ag+$11.7M+30%
- Dupont De Nemours Inc+$9.4M+5%
- Ferguson Plc New+$6.3M+5%
- Hertz Global Hldgs Inc+$4.8M+6%
- International Flavors&Fragra−$29.6M−12%
- Danaher Corporation−$36.1M−5%
- American Intl Group Inc−$38.0M−20%
- Colgate Palmolive Co−$40.2M−5%
- Bath & Body Works Inc−$76.5M−13%
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 ↗ |