13F filer · CIK 1040273 ↗
Third Point
You are looking at Q4 2024. See the latest, Q2 2026 →
Reported value
$7.44B
+0.2% on the quarter before
Positions
43
10 new · 9 sold out
Top 10
57.0%
of the value
Est. gain
+$358.2M
on stocks held all quarter
Est. return
+6.4%
on those stocks since Q3 2024
Positions as of Dec 31, 2024, 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 2024. Striped tiles are options.
Largest buys
Since Q3 2024, 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.
- Thermo Fisher Scientific Inc~$182.1MNew · 0.0% → 2.4%+350,000 shares
- Capital One Finl Corp~$164.9MNew · 0.0% → 2.2%+925,000 shares
- Fortive Corp~$142.5MNew · 0.0% → 1.9%+1,900,000 shares
- Workday~$129.0MNew · 0.0% → 1.7%+500,000 shares
- Discover Finl Svcs~$110.9MNew · 0.0% → 1.5%+640,000 shares
- Telephone & Data Sys Inc~$106.6MAdded · 0.9% → 2.7%+3,125,000 shares
- Flutter Entmt Plc~$93.0MAdded · 1.6% → 3.0%+360,000 shares
- Primo Brands Corporation~$73.8MNew · 0.0% → 1.0%+2,400,000 shares
- Meta~$70.3MAdded · 4.2% → 5.2%+120,000 shares
- Crh Plc~$61.5MAdded · 2.6% → 3.4%+665,000 shares
Largest sells
Since Q3 2024, 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.
- Bath & Body Works Inc~$376.2MSold out · 5.1% → 0.0%−11,785,000 shares
- Vistra~$299.9MCut · 5.1% → 1.9%−2,175,000 shares
- Apple~$216.7MSold out · 2.9% → 0.0%−930,000 shares
- Roper Technologies Inc~$133.5MSold out · 1.8% → 0.0%−240,000 shares
- Microsoft~$113.8MCut · 5.0% → 3.4%−270,000 shares
- Amphenol~$104.3MSold out · 1.4% → 0.0%−1,600,000 shares
- Cinemark Hldgs Inc~$100.7MCut · 2.6% → 1.6%−3,250,000 shares
- Cvs Health Corp~$99.0MSold out · 1.3% → 0.0%−1,575,000 shares
- Apollo Global Mgmt Inc~$90.8MCut · 1.6% → 0.9%−550,000 shares
- Ansys Inc~$81.3MSold out · 1.1% → 0.0%−255,000 shares
Holdings
As of Dec 31, 2024. Changes are in shares against Sep 30, 2024, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Pg&E CorpCOM · shares −2.5% · price +2.1% | 13.2% | $978.7M | +$19.9M | ||||||||
| AmazonCOM · shares −6.8% · price +17.7% | 10.2% | $756.9M | +$114.1M | ||||||||
| Danaher CorporationCOM · shares −2.6% · price −17.4% | 5.9% | $436.1M | −$92.1M | ||||||||
| MetaCL A · shares +22% · price +2.3% | 5.2% | $389.4M | +$7.1M | ||||||||
| TSMCSPONSORED ADS · shares 0% · price +13.7% | 4.7% | $351.5M | +$42.4M | ||||||||
| Intercontinental Exchange InCOM · shares 0% · price −7.2% | 4.2% | $310.7M | −$24.2M | ||||||||
| Brookfield CorpCL A LTD VT SH · shares +5.6% · price +8.1% | 3.9% | $286.7M | +$20.3M | ||||||||
| MicrosoftCOM · shares −31% · price −2.0% | 3.4% | $252.9M | −$5.3M | ||||||||
| Crh PlcORD · shares +32% · price −0.2% | 3.4% | $251.2M | −$451,000 | ||||||||
| Flutter Entmt PlcSHS · shares +71% · price +8.9% | 3.0% | $224.9M | +$10.8M | ||||||||
| Live Nation Entertainment InCOM · shares −26% · price +18.3% | 3.0% | $222.7M | +$34.4M | ||||||||
| Jacobs Solutions IncCOM · shares 0% · price +2.1% | 3.0% | $220.5M | +$4.5M | ||||||||
| Lpl Finl Hldgs IncCOM · shares +35% · price +40.4% | 2.9% | $213.9M | +$45.5M | ||||||||
| Ferguson Enterprises IncCOMMON STOCK NEW · shares +24% · price −12.6% | 2.8% | $208.3M | −$24.1M | ||||||||
| Corpay IncCOM SHS · shares −20% · price +8.2% | 2.8% | $206.4M | +$15.7M | ||||||||
| Telephone & Data Sys IncCOM NEW · shares +109% · price +46.7% | 2.7% | $204.7M | +$31.2M | ||||||||
| TeslaCOM · shares +25% · price +54.4% | 2.7% | $201.9M | +$56.9M | ||||||||
| Thermo Fisher Scientific IncCOM · shares New | 2.4% | $182.1M | — | ||||||||
| Capital One Finl CorpCOM · shares New | 2.2% | $164.9M | — | ||||||||
| Carpenter Technology CorpCOM · shares +32% · price +6.3% | 2.0% | $147.6M | +$6.7M | ||||||||
| Fortive CorpCOM · shares New | 1.9% | $142.5M | — | ||||||||
| VistraCOM · shares −69% · price +16.3% | 1.9% | $137.9M | +$19.3M | ||||||||
| Eqt CorpCOM · shares +51% · price +25.8% | 1.8% | $136.0M | +$18.5M | ||||||||
| WorkdayCL A · shares New | 1.7% | $129.0M | — | ||||||||
| Cinemark Hldgs IncCOM · shares −46% · price +11.3% | 1.6% | $116.2M | +$11.8M | ||||||||
| Total · 43 positions | 100% | $7.44B | +$358.2M |
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 2024 to Q4 2024: 33 stocks held throughout, up $358.2M (+6.4%).
- Amazon+$114.1M+18%
- Tesla+$56.9M+54%
- Lpl Finl Hldgs Inc+$45.5M+40%
- TSMC+$42.4M+14%
- Live Nation Entertainment In+$34.4M+18%
- Hess Corp−$1.7M−2%
- Microsoft−$5.3M−2%
- Ferguson Enterprises Inc−$24.1M−13%
- Intercontinental Exchange In−$24.2M−7%
- Danaher Corporation−$92.1M−17%
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 ↗ |