13F filer · CIK 1040273 ↗
Third Point
You are looking at Q3 2023. See the latest, Q2 2026 →
Reported value
$6.59B
−3.4% on the quarter before
Positions
42
10 new · 13 sold out
Top 10
70.5%
of the value
Est. gain
−$177.4M
on stocks held all quarter
Est. return
−3.4%
on those stocks since Q2 2023
Positions as of Sep 30, 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 Q2 2023. Striped tiles are options.
Largest buys
Since Q2 2023, 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.
- Meta~$330.2MNew · 0.0% → 5.0%+1,100,000 shares
- Microsoft~$222.6MAdded · 7.6% → 10.7%+705,000 shares
- United States Stl Corp New~$154.3MNew · 0.0% → 2.3%+4,750,000 shares
- T-Mobile Us Inc~$140.1MNew · 0.0% → 2.1%+1,000,000 shares
- Regal Rexnord Corporation~$92.9MNew · 0.0% → 1.4%+650,000 shares
- Amazon~$73.7MAdded · 7.8% → 9.0%+580,000 shares
- Uber~$65.5MAdded · 1.8% → 2.9%+1,425,000 shares
- Option Care Health Inc~$63.1MAdded · 1.7% → 2.7%+1,950,659 shares
- Jacobs Solutions Inc~$60.7MAdded · 2.4% → 3.7%+445,018 shares
- Intercontinental Exchange In~$59.4MAdded · 3.1% → 4.0%+539,934 shares
Largest sells
Since Q2 2023, 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~$245.9MSold out · 3.6% → 0.0%−2,950,000 shares
- Nvidia~$211.5MSold out · 3.1% → 0.0%−500,000 shares
- Hca Healthcare Inc~$182.1MSold out · 2.7% → 0.0%−600,000 shares
- Denbury Inc~$144.5MSold out · 2.1% → 0.0%−1,675,000 shares
- Activision Blizzard Inc~$139.1MSold out · 2.0% → 0.0%−1,650,000 shares
- AMD~$136.7MSold out · 2.0% → 0.0%−1,200,000 shares
- Micron~$97.6MSold out · 1.4% → 0.0%−1,550,000 shares
- Pg&E Corp~$70.4MSold out · 1.0% → 0.0%−471,000 shares
- Alphabet~$68.7MCut · 2.5% → 1.8%−525,000 shares
- TSMC~$58.7MCut · 3.6% → 2.3%−675,000 shares
Holdings
As of Sep 30, 2023. Changes are in shares against Jun 30, 2023, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pg&E CorpCOM · shares +5.3% · price −6.7% | 13.9% | $917.2M | −$62.1M | ||||||||
| MicrosoftCOM · shares +46% · price −7.3% | 10.7% | $702.5M | −$37.7M | ||||||||
| Danaher CorporationCOM · shares −5.8% · price +3.4% | 9.2% | $607.8M | +$19.8M | ||||||||
| AmazonCOM · shares +14% · price −2.5% | 9.0% | $594.9M | −$13.3M | ||||||||
| Bath & Body Works IncCOM · shares 0% · price −9.9% | 7.1% | $468.1M | −$51.2M | ||||||||
| MetaCL A · shares New | 5.0% | $330.2M | — | ||||||||
| Dupont De Nemours IncCOM · shares −9.8% · price +4.4% | 4.7% | $309.5M | +$13.1M | ||||||||
| Intercontinental Exchange InCOM · shares +29% · price −2.7% | 4.0% | $262.9M | −$5.7M | ||||||||
| Jacobs Solutions IncCOM · shares +33% · price +14.8% | 3.7% | $245.7M | +$23.9M | ||||||||
| Ferguson Plc NewSHS · shares 0% · price +4.1% | 3.2% | $208.7M | +$8.2M | ||||||||
| UberCOM · shares +51% · price +6.5% | 2.9% | $193.2M | +$7.8M | ||||||||
| American Intl Group IncCOM NEW · shares 0% · price +5.3% | 2.7% | $178.8M | +$9.0M | ||||||||
| Option Care Health IncCOM NEW · shares +56% · price −0.4% | 2.7% | $176.3M | −$490,000 | ||||||||
| International Flavors&FragraCOM · shares −6.6% · price −14.3% | 2.6% | $168.7M | −$28.3M | ||||||||
| United States Stl Corp NewCOM · shares New | 2.3% | $154.3M | — | ||||||||
| TSMCSPONSORED ADS · shares −28% · price −13.9% | 2.3% | $154.2M | −$24.9M | ||||||||
| T-Mobile Us IncCOM · shares New | 2.1% | $140.1M | — | ||||||||
| VistraCOM · shares +8.6% · price +26.4% | 1.8% | $119.6M | +$23.0M | ||||||||
| AlphabetCAP STK CL A · shares −37% · price +9.3% | 1.8% | $117.8M | +$10.0M | ||||||||
| Regal Rexnord CorporationCOM · shares New | 1.4% | $92.9M | — | ||||||||
| Hertz Global Hldgs IncCOM NEW · shares +2.4% · price −33.4% | 1.4% | $91.8M | −$44.9M | ||||||||
| Wesco Intl IncCOM · shares 0% · price −19.7% | 1.4% | $89.9M | −$22.0M | ||||||||
| Global Blue Group Holding AgORD SHS · shares −1.2% · price +24.6% | 0.77% | $51.0M | +$10.1M | ||||||||
| Apollo Global Mgmt IncSER A MAND CNV · shares New | 0.75% | $49.6M | — | ||||||||
| Telephone & Data Sys IncCOM NEW · shares New | 0.59% | $39.1M | — | ||||||||
| Total · 42 positions | 100% | $6.59B | −$177.4M |
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 2023 to Q3 2023: 32 stocks held throughout, down $177.4M (−3.4%).
- Jacobs Solutions Inc+$23.9M+15%
- Vistra+$23.0M+26%
- Danaher Corporation+$19.8M+3%
- Dupont De Nemours Inc+$13.1M+4%
- Global Blue Group Holding Ag+$10.1M+25%
- International Flavors&Fragra−$28.3M−14%
- Microsoft−$37.7M−7%
- Hertz Global Hldgs Inc−$44.9M−33%
- Bath & Body Works Inc−$51.2M−10%
- Pg&E Corp−$62.1M−7%
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 ↗ |