Third Point LLC
CIK 1040273 · View on SEC EDGAR ↗
- Portfolio value
- $2.1B
- Positions
- 33
- As of
- March 31, 2026 Data as of Q1 2026
#1,379 of 8,643 by 13F value · top 16.0%
Portfolio value QoQ: -71.4% 13F does not disclose cash
- Top 10 holdings weight
- 60.09%
- Top 25 holdings weight
- 96.31%
- Positions above 1%
- 25
- Effective number of positions
- 19.3
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 9.8% Est. buys $2,637,929,577 · sells $331,472,073
Median holding: 2.0 quarters Tracked Q4 2024–Q2 2026 · 38.1% still held
- New positions
- 19
- Increased
- 13
- Decreased
- 4
- Closed
- 9
Put-notional exposure: 0.6% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Sector breakdown
Industrials
31.3%
Communication Services
23.7%
Retail
11.6%
Technology
9.4%
Financial Services
8.6%
Telecommunication
5.0%
Consumer products
4.3%
Healthcare
2.4%
N/A
0.6%
Other/Unmapped
3.2%
Full portfolio 43 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| WBD Warner Bros. Discovery, Inc. - Series A Common Stock | $533,200,000 | 11.39% | 20,000,000 | Up ×1 | |||
| AMZN Amazon.com, Inc. - Common Stock | $417,095,000 | 8.91% | 1,750,000 | $13,051,200 | Down ×3 | ||
| GOOGL Alphabet Inc. - Class A Common Stock | $366,304,250 | 7.83% | 1,025,000 | $315,981,250 | Up ×1 | ||
| CRH CRH PLC Ordinary Shares | $234,865,000 | 5.02% | 2,195,000 | $35,137,000 | Up ×1 | ||
| TDS Telephone and Data Systems, Inc. Common Shares | $232,237,750 | 4.96% | 6,275,000 | $-45,622,250 | Down ×5 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $219,682,200 | 4.69% | 460,000 | $126,745,950 | Up ×1 | ||
| LYV Live Nation Entertainment, Inc. Common Stock | $207,829,850 | 4.44% | 1,135,000 | $136,912,700 | Up ×1 | ||
| KEYS Keysight Technologies Inc. Common Stock | $204,790,950 | 4.38% | 585,000 | Up ×1 | |||
| SGI Somnigroup International Inc. Common Stock | $201,548,290 | 4.31% | 2,570,769 | $33,693,046 | Up ×1 | ||
| XYZ Block, Inc. Class A Common Stock, | $194,479,668 | 4.16% | 2,558,943 | Up ×1 | |||
| NSC Norfolk Southern Corporation Common Stock | $188,754,000 | 4.03% | 600,000 | $160,054,000 | Up ×1 | ||
| FLEX Flex Ltd. - Ordinary Shares | $166,932,100 | 3.57% | 1,030,000 | Up ×1 | |||
| COF Capital One Financial Corporation Common Stock | $165,511,500 | 3.54% | 825,000 | $139,971,300 | Up ×1 | ||
| HUT Hut 8 Corp. - Common Stock | $151,810,175 | 3.24% | 1,315,000 | $111,018,975 | Up ×1 | ||
| CRS Carpenter Technology Corporation Common Stock | $132,620,600 | 2.83% | 215,000 | $10,434,100 | Down ×3 | ||
| APG APi Group Corporation Common Stock | $121,332,750 | 2.59% | 2,865,000 | $39,077,150 | Up ×1 | ||
| MTZ MasTec, Inc. Common Stock | $120,657,400 | 2.58% | 290,000 | $17,700,600 | Down ×2 | ||
| TDG Transdigm Group Incorporated Common Stock | $105,231,160 | 2.25% | 79,000 | $76,257,160 | Up ×1 | ||
| DHR Danaher Corporation Common Stock | $102,859,200 | 2.20% | 540,000 | $3,319,200 | Up ×1 | ||
| UNP Union Pacific Corporation Common Stock | $95,200,000 | 2.03% | 350,000 | $70,938,000 | Up ×1 | ||
| TTMI TTM Technologies, Inc. - Common Stock | $94,445,100 | 2.02% | 505,000 | Up ×1 | |||
| PFGC Performance Food Group Company Common Stock | $75,458,250 | 1.61% | 675,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 02079K404) | $66,157,000 | 1.41% | 1,300,000 | Up ×1 | |||
| ASML ASML Holding N.V. - New York Registry Shares | $59,606,160 | 1.27% | 30,000 | $43,756,200 | Up ×1 | ||
| SYY Sysco Corporation Common Stock | $48,157,226 | 1.03% | 580,000 | Up ×1 | |||
| ARES Ares Management Corporation Class A Common Stock | $41,741,250 | 0.89% | 375,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 84615Q103) | $30,825,707 | 0.66% | 180,415 | Up ×1 | |||
| SPY SPY | $28,800,000 | 0.62% | 40,000 | Put option | |||
| SRTA Strata Critical Medical, Inc. - Class A Common Stock | $26,350,000 | 0.56% | 5,000,000 | $5,450,000 | |||
| Unknown issuer (CUSIP: 02079K602) | $10,060,000 | 0.21% | 200,000 | Up ×1 | |||
| SPRY ARS Pharmaceuticals, Inc. - Common Stock | $8,010,000 | 0.17% | 1,000,000 | $-20,000 | |||
| AUR Aurora Innovation, Inc. - Class A Common Stock | $7,041,398 | 0.15% | 1,032,463 | $2,787,650 | |||
| Unknown issuer (CUSIP: 767292AB1) | $7,033,950 | 0.15% | 3,500,000 | Up ×1 | |||
| HTZWW Hertz Global Holdings, Inc - Warrant | $4,327,300 | 0.09% | 3,970,000 | $-4,724,300 | |||
| FLYX | $2,044,000 | 0.04% | 1,022,000 | $-265,720 | |||
| BLCO Bausch + Lomb Corporation Common Shares | $1,407,600 | 0.03% | 85,000 | Up ×1 | |||
| CORZ Core Scientific, Inc. - Common Stock | $1,381,860 | 0.03% | 54,000 | ||||
| Unknown issuer (CUSIP: 296013105) | $1,203,935 | 0.03% | 83,030 | Up ×1 | |||
| APLD Applied Digital Corporation - Common Stock | $820,600 | 0.02% | 22,000 | Up ×1 | |||
| Unknown issuer (CUSIP: 53680QAA6) | $611,750 | 0.01% | 625,000 | Up ×1 | |||
| AUROW Aurora Innovation, Inc. - Warrant | $587,384 | 0.01% | 1,835,000 | $222,219 | |||
| WOLF Wolfspeed, Inc. Common Stock New | $482,500 | 0.01% | 10,000 | Up ×1 | |||
| FLYXWS | $77,175 | 0.00% | 367,499 | $-11,025 | |||
| No matches | |||||||
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| WBD | $533,200,000 | 20,000,000 | 11.39% |
| KEYS | $204,790,950 | 585,000 | 4.38% |
| XYZ | $194,479,668 | 2,558,943 | 4.16% |
| FLEX | $166,932,100 | 1,030,000 | 3.57% |
| TTMI | $94,445,100 | 505,000 | 2.02% |
| PFGC | $75,458,250 | 675,000 | 1.61% |
| Unknown issuer (CUSIP: 02079K404) | $66,157,000 | 1,300,000 | 1.41% |
| SYY | $48,157,226 | 580,000 | 1.03% |
| ARES | $41,741,250 | 375,000 | 0.89% |
| Unknown issuer (CUSIP: 84615Q103) | $30,825,707 | 180,415 | 0.66% |
| SPY | $28,800,000 | 40,000 | 0.62% |
| Unknown issuer (CUSIP: 02079K602) | $10,060,000 | 200,000 | 0.21% |
| Unknown issuer (CUSIP: 767292AB1) | $7,033,950 | 3,500,000 | 0.15% |
| BLCO | $1,407,600 | 85,000 | 0.03% |
| CORZ | $1,381,860 | 54,000 | 0.03% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| LYV | Bought more | +670K | +$136.9M |
| TSM | Bought more | +185K | +$126.7M |
| HUT | Bought more | +445K | +$111.0M |
| TDG | Bought more | +54K | +$76.3M |
| UNP | Bought more | +250K | +$70.9M |
| TDS | Trimmed | -325K | -$45.6M |
| ASML | Bought more | +18K | +$43.8M |
| APG | Bought more | +835K | +$39.1M |
| CRH | Bought more | +295K | +$35.1M |
| SGI | Bought more | +300K | +$33.7M |
3 positions hidden (data completeness check)
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SPY | Dec. 31, 2025 | 875,000 | $582,907,500 | No longer tracked |
| PCG | March 31, 2026 | 34,300,000 | $551,201,000 | 2.1% |
| MSFT | March 31, 2026 | 925,000 | $447,348,500 | 30.2% |
| DHR | March 31, 2025 | 1,900,000 | $436,145,000 | -1.3% |
| META | March 31, 2025 | 665,000 | $389,364,150 | -5.0% |
| BN | March 31, 2026 | 6,200,000 | $284,518,000 | 3.5% |
| FLUT | Dec. 31, 2025 | 1,120,000 | $284,480,000 | -55.8% |
| CASY | March 31, 2026 | 455,000 | $251,483,050 | 19.6% |
| CPAY | Sept. 30, 2025 | 685,000 | $227,296,700 | 41.4% |
| CSGP | March 31, 2026 | 3,165,000 | $212,814,600 | -20.9% |
| FERG | March 31, 2025 | 1,200,000 | $208,284,000 | 51.2% |
| TSLA | March 31, 2025 | 500,000 | $201,920,000 | 30.1% |
| COOP | Dec. 31, 2025 | 925,000 | $194,980,750 | No longer tracked |
| RKT | March 31, 2026 | 9,515,000 | $184,210,400 | -0.2% |
| LPLA | March 31, 2026 | 510,000 | $182,156,700 | 22.3% |
| TMO | March 31, 2025 | 350,000 | $182,080,500 | 18.8% |
| CMG | March 31, 2026 | 4,725,000 | $174,825,000 | 5.1% |
| ICE | Sept. 30, 2025 | 950,000 | $174,296,500 | -7.1% |
| CEG | March 31, 2026 | 475,000 | $167,803,250 | -0.2% |
| VST | March 31, 2026 | 1,005,000 | $162,136,650 | -3.7% |
| META | Dec. 31, 2025 | 220,000 | $161,563,600 | -17.1% |
| EQT | June 30, 2025 | 2,950,000 | $157,618,500 | -8.1% |
| X | June 30, 2025 | 3,625,000 | $153,192,500 | No longer tracked |
| TLN | Dec. 31, 2025 | 350,000 | $148,883,000 | -6.3% |
| J | Dec. 31, 2025 | 915,000 | $137,121,900 | 8.7% |
| WDAY | March 31, 2025 | 500,000 | $129,015,000 | -16.5% |
| PRMB | Dec. 31, 2025 | 5,775,000 | $127,627,500 | 48.6% |
| DFS | June 30, 2025 | 740,000 | $126,318,000 | No longer tracked |
| BABA | March 31, 2026 | 825,000 | $120,928,500 | 1.4% |
| CNK | March 31, 2025 | 3,750,000 | $116,175,000 | 49.5% |
| T | June 30, 2025 | 3,775,000 | $105,637,713 | -13.5% |
| HES | June 30, 2025 | 625,000 | $99,831,250 | No longer tracked |
| FND | Dec. 31, 2025 | 1,330,000 | $98,021,000 | -6.5% |
| FIX | March 31, 2026 | 105,000 | $97,995,450 | 28.4% |
| APO | Dec. 31, 2025 | 650,000 | $86,625,500 | -8.4% |
| RBA | Sept. 30, 2025 | 695,000 | $73,802,050 | -22.0% |
| WDAY | Sept. 30, 2025 | 300,000 | $72,000,000 | -19.0% |
| APOPRA | Dec. 31, 2025 | 900,000 | $63,252,000 | No longer tracked |
| FLS | Sept. 30, 2025 | 1,195,000 | $62,558,250 | 49.6% |
| FTV | Sept. 30, 2025 | 1,160,000 | $60,470,800 | 23.1% |
| GB | March 31, 2025 | 8,387,601 | $58,126,075 | No longer tracked |
| SPOT | March 31, 2026 | 100,000 | $58,071,000 | 4.6% |
| KVUE | March 31, 2026 | 3,250,000 | $56,062,500 | 10.6% |
| CORZ | Dec. 31, 2025 | 3,000,000 | $53,820,000 | 32.6% |
| META | June 30, 2026 | 90,000 | $51,491,700 | -2.8% |
| PGR | March 31, 2026 | 220,000 | $50,098,400 | 4.3% |
| DOCU | Sept. 30, 2025 | 625,000 | $48,681,250 | -14.5% |
| GLD | June 30, 2026 | 95,000 | $40,877,550 | No longer tracked |
| SHCO | Sept. 30, 2025 | 5,171,676 | $38,011,819 | No longer tracked |
| GTLS | Sept. 30, 2025 | 215,000 | $35,399,750 | No longer tracked |
| NVDA | June 30, 2026 | 190,000 | $33,136,000 | 10.1% |
| PINS | June 30, 2025 | 1,000,000 | $31,000,000 | -34.0% |
| TMO | March 31, 2026 | 50,000 | $28,972,500 | 20.2% |
| SDRL | June 30, 2025 | 1,025,000 | $25,625,000 | 79.5% |
| WIX | March 31, 2026 | 225,000 | $23,375,250 | -16.1% |
| CSX | March 31, 2026 | 500,000 | $18,125,000 | 23.1% |
| KLAC | June 30, 2026 | 11,000 | $16,196,510 | -34.4% |
| LRCX | June 30, 2026 | 75,000 | $16,024,500 | -25.4% |
| AVGO | June 30, 2026 | 50,000 | $15,475,500 | 0.6% |
| SMH | June 30, 2026 | 40,000 | $15,336,000 | -13.0% |
| SN | June 30, 2026 | 130,509 | $13,820,903 | 19.0% |
| SE | Sept. 30, 2025 | 50,000 | $7,997,000 | -35.5% |
| RAL | Sept. 30, 2025 | 125,003 | $6,061,395 | 61.3% |
| PCGPRX | March 31, 2026 | 140,000 | $5,740,000 | No longer tracked |
| BHC | March 31, 2026 | 350,000 | $2,432,500 | 24.8% |
| SABR | Sept. 30, 2025 | 750,000 | $2,370,000 | 14.5% |
| TTAN | Sept. 30, 2025 | 15,000 | $1,607,700 | -8.8% |
| CTEV | Sept. 30, 2025 | 30,000 | $1,353,900 | -32.5% |
| CCO | March 31, 2025 | 900,000 | $1,233,000 | 109.5% |
| ASIC | Sept. 30, 2025 | 50,000 | $1,076,000 | 21.8% |
| ARDT | Sept. 30, 2025 | 75,000 | $1,024,500 | -16.8% |
| CTEV | June 30, 2026 | 44,000 | $718,960 | 5.0% |
| CYH | Dec. 31, 2025 | 150,000 | $481,500 | -3.7% |
| NPWRWS | June 30, 2025 | 500,000 | $152,500 | No longer tracked |
| GBWS | June 30, 2025 | 1,333,333 | $29,600 | No longer tracked |