D
Dan Loeb
Third Point LLC · Holdings as of Sep 30, 2025, filed by Nov 15, 2025 · US long stock positions only
Event-driven activist with a sharp pen.
Reported value?Total value of the US long stock positions in the latest SEC filing. Not the fund's full size: cash, shorts, bonds and foreign listings never appear in these filings.
$8B
43 positions shown
Copycat since 2016?What $1 became if you bought this exact filed book at every filing deadline since 2016 and rebalanced quarterly. Price returns, dividends excluded. A copy of public filings, not the fund's actual performance.
2.43x
9% per year
vs SPY?The same $1 in SPY over the same window. Ahead means copying the filings beat the market; behind means the boring index won.
behind
SPY 3.57x same window
Top position?Largest holding by reported value and its share of the filed book.
PCG
9% of book
Copying these filings vs SPY?Each line is $1 buying the filed book at every quarterly deadline. Hover for values at any quarter. Dividends excluded on both lines.
$1 at every deadline since 2016
Price returns, dividends excluded on both lines. A copycat of public filings traded at each deadline, not the fund's actual performance.
The book
tile = share of the filed book · tap a tile for the ticker · Sep 2025
| Symbol | Value | % of book | vs prior quarter |
|---|
| PCG |
$756M |
9% |
unchanged |
| AMZN |
$617M |
7% |
added |
| MSFT |
$570M |
7% |
added |
| NVDA |
$532M |
6% |
unchanged |
| NSC |
$496M |
6% |
new |
| BN |
$321M |
4% |
unchanged |
| TSM |
$307M |
4% |
trimmed |
| COF |
$294M |
4% |
trimmed |
| unlisted |
$284M |
3% |
added |
| CASY |
$283M |
3% |
added |
| TDS |
$263M |
3% |
unchanged |
| unlisted |
$260M |
3% |
trimmed |
| CSGP |
$255M |
3% |
trimmed |
| SGI |
$253M |
3% |
new |
| LYV |
$221M |
3% |
trimmed |
| CRS |
$209M |
2% |
added |
| UNP |
$207M |
2% |
new |
| LPLA |
$198M |
2% |
trimmed |
| unlisted |
$195M |
2% |
unchanged |
| SN |
$186M |
2% |
added |
| VST |
$183M |
2% |
trimmed |
| FIX |
$165M |
2% |
added |
| META |
$162M |
2% |
added |
| MTZ |
$154M |
2% |
new |
| TLN |
$149M |
2% |
trimmed |
| KVUE |
$146M |
2% |
added |
| J |
$137M |
2% |
trimmed |
| PRMB |
$128M |
2% |
unchanged |
| FND |
$98M |
1% |
new |
| APO |
$87M |
1% |
trimmed |
| RKT |
$78M |
1% |
trimmed |
| unlisted |
$63M |
1% |
unchanged |
| CORZ |
$54M |
1% |
new |
| SRTA |
$25M |
0% |
new |
| HTZWW |
$15M |
0% |
unchanged |
| DHR |
$10M |
0% |
trimmed |
| PCG |
$6M |
0% |
unchanged |
| FLYX |
$5M |
0% |
unchanged |
| AUR |
$2M |
0% |
unchanged |
| AUROW |
$877K |
0% |
unchanged |
| BHC |
$645K |
0% |
new |
| CYH |
$482K |
0% |
new |
| FLYX.WS |
$117K |
0% |
unchanged |
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.