13F filer · CIK 1040273 ↗
Third Point
You are looking at Q4 2023. See the latest, Q2 2026 →
Reported value
$6.64B
+0.7% on the quarter before
Positions
37
8 new · 13 sold out
Top 10
74.1%
of the value
Est. gain
+$711.2M
on stocks held all quarter
Est. return
+13.8%
on those stocks since Q3 2023
Positions as of Dec 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 Q3 2023. Striped tiles are options.
Largest buys
Since Q3 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.
- Fleetcor Technologies Inc~$173.8MNew · 0.0% → 2.6%+615,000 shares
- Verizon Communications Inc~$173.3MNew · 0.0% → 2.6%+4,675,000 shares
- Apollo Global Mgmt Inc~$83.9MNew · 0.0% → 1.3%+900,000 shares
- Mckesson Corp~$76.4MNew · 0.0% → 1.2%+165,000 shares
- Eqt Corp~$75.4MNew · 0.0% → 1.1%+1,950,000 shares
- Vistra~$38.4MAdded · 1.8% → 2.7%+995,748 shares
- Biomarin Pharmaceutical Inc~$37.1MNew · 0.0% → 0.6%+385,000 shares
- United States Stl Corp New~$36.5MAdded · 2.3% → 4.0%+750,000 shares
- American Intl Group Inc~$33.9MAdded · 2.7% → 3.5%+500,000 shares
- Meta~$21.2MAdded · 5.0% → 6.2%+60,000 shares
Largest sells
Since Q3 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.
- Intercontinental Exchange In~$217.0MCut · 4.0% → 1.4%−1,689,934 shares
- Uber~$197.0MCut · 2.9% → 0.9%−3,200,000 shares
- Option Care Health Inc~$176.3MSold out · 2.7% → 0.0%−5,450,659 shares
- T-Mobile Us Inc~$140.1MSold out · 2.1% → 0.0%−1,000,000 shares
- Alphabet~$117.8MSold out · 1.8% → 0.0%−900,000 shares
- Regal Rexnord Corporation~$92.9MSold out · 1.4% → 0.0%−650,000 shares
- Danaher Corporation~$92.5MCut · 9.2% → 7.1%−400,000 shares
- Hertz Global Hldgs Inc~$91.8MSold out · 1.4% → 0.0%−7,494,821 shares
- Microsoft~$79.0MCut · 10.7% → 11.4%−210,000 shares
- Amazon~$72.9MCut · 9.0% → 9.6%−480,000 shares
Holdings
As of Dec 31, 2023. Changes are in shares against Sep 30, 2023, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pg&E CorpCOM · shares +1.8% · price +11.8% | 15.7% | $1.04B | +$108.0M | ||||||||
| MicrosoftCOM · shares −9.4% · price +19.1% | 11.4% | $757.7M | +$121.5M | ||||||||
| AmazonCOM · shares −10% · price +19.5% | 9.6% | $638.1M | +$104.2M | ||||||||
| Bath & Body Works IncCOM · shares 0% · price +27.7% | 9.0% | $597.8M | +$129.6M | ||||||||
| Danaher CorporationCOM · shares −16% · price −6.8% | 7.1% | $474.2M | −$34.4M | ||||||||
| MetaCL A · shares +5.5% · price +17.9% | 6.2% | $410.6M | +$59.1M | ||||||||
| United States Stl Corp NewCOM · shares +16% · price +49.8% | 4.0% | $267.6M | +$76.8M | ||||||||
| Dupont De Nemours IncCOM · shares −17% · price +3.1% | 4.0% | $266.6M | +$8.1M | ||||||||
| American Intl Group IncCOM NEW · shares +17% · price +11.8% | 3.5% | $233.7M | +$21.1M | ||||||||
| Jacobs Solutions IncCOM · shares −2.8% · price −4.9% | 3.4% | $227.2M | −$11.7M | ||||||||
| Ferguson Plc NewSHS · shares −15% · price +17.9% | 3.2% | $210.4M | +$32.0M | ||||||||
| VistraCOM · shares +28% · price +16.1% | 2.7% | $177.2M | +$19.2M | ||||||||
| Fleetcor Technologies IncCOM · shares New | 2.6% | $173.8M | — | ||||||||
| Verizon Communications IncCOM · shares New | 2.6% | $173.3M | — | ||||||||
| International Flavors&FragraCOM · shares −17% · price +18.8% | 2.5% | $166.8M | +$26.4M | ||||||||
| TSMCSPONSORED ADS · shares −34% · price +19.7% | 1.8% | $122.2M | +$20.1M | ||||||||
| Intercontinental Exchange InCOM · shares −71% · price +16.7% | 1.4% | $89.9M | +$12.9M | ||||||||
| Wesco Intl IncCOM · shares −20% · price +20.9% | 1.3% | $86.9M | +$15.0M | ||||||||
| Apollo Global Mgmt IncCOM · shares New | 1.3% | $83.9M | — | ||||||||
| Mckesson CorpCOM · shares New | 1.2% | $76.4M | — | ||||||||
| Eqt CorpCOM · shares New | 1.1% | $75.4M | — | ||||||||
| UberCOM · shares −76% · price +33.9% | 0.93% | $61.6M | +$15.6M | ||||||||
| Apollo Global Mgmt IncSER A MAND CNV · shares 0% · price +2.3% | 0.76% | $50.8M | +$1.2M | ||||||||
| Global Blue Group Holding AgORD SHS · shares 0% · price −22.2% | 0.60% | $39.7M | −$11.3M | ||||||||
| Telephone & Data Sys IncCOM NEW · shares 0% · price +0.2% | 0.59% | $39.2M | +$85,473 | ||||||||
| Total · 37 positions | 100% | $6.64B | +$711.2M |
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 2023 to Q4 2023: 29 stocks held throughout, up $711.2M (+13.8%).
- Bath & Body Works Inc+$129.6M+28%
- Microsoft+$121.5M+19%
- Pg&E Corp+$108.0M+12%
- Amazon+$104.2M+20%
- United States Stl Corp New+$76.8M+50%
- Net Power Inc−$1.1M−49%
- Hertz Global Hldgs Inc−$2.5M−10%
- Global Blue Group Holding Ag−$11.3M−22%
- Jacobs Solutions Inc−$11.7M−5%
- Danaher Corporation−$34.4M−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 ↗ |