Point72 Europe (London) LLP

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 14, 2025), Point72 Europe (London) LLP reported 726 stock positions worth $1.8 billion. Its top holding was Alphabet Class A (GOOGL) at 8.1% of the portfolio, followed by Amazon.com (AMZN, 5.4%) and Meta Platforms Class A (META, 5.3%). Compared with Q2 2025, it opened 639 new positions, sold out of 63, added to 32 and reduced 54. The biggest buy was Meta Platforms Class A (META, shares +2942%) and the biggest sale an exit from Ishr Ibx Usd Invgd CB ETF-Ui (LQD).

Most Recent 13F
Q3 2025
Location
LONDON, X0
CIK
0001698051
Portfolio Value
$1.8B (Q3 2025)
SEC Filing
0000902664-25-005049 ↗ filed Nov 14, 2025

Holdings Value

0$500.0M$1.0B$1.5B$2.0B Q1 2024: $1.1B Q1 2024 Q2 2024: $1.2B Q2 2024 Q3 2024: $1.2B Q3 2024 Q4 2024: $1.7B Q4 2024 Q1 2025: $1.4B Q1 2025 Q2 2025: $1.9B Q2 2025 Q3 2025: $1.8B $1.8B Q3 2025

Holdings 726 stocks · $1.8B
GOOGL Alphabet Inc. Class A 8.09% 612,921 $149.0M Reduce -37.7%
AMZN Amazon.com Inc. 5.35% 448,614 $98.5M Add +289.1%
META Meta Platforms Inc. Class A 5.28% 132,246 $97.1M Add +2941.5%
COF Capital One Financial Corp. 3.81% 330,032 $70.2M Add +0.2%
MSTR Strategy Inc. 3.27% 186,602 $60.1M New
QQQ Invesco QQQ Trust Series 1 3.08% 94,308 $56.6M Reduce -39.0%
IWM iShares Russell 2000 ETF 2.87% 218,600 $52.9M New
KEY Keycorp 2.33% 2,299,877 $43.0M Add +96.0%
SCHW Schwab (charles) Corp. 2.30% 444,200 $42.4M Add +160.4%
TPG TPG Inc. 1.84% 588,140 $33.8M Add +1271.0%
WCC Wesco International Inc. 1.61% 140,419 $29.7M Reduce -3.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 1.56% 557,344 $28.8M Reduce -41.9%
REGN Regeneron Pharmaceuticals 1.46% 47,908 $26.9M Add +63.8%
SU Suncor Energy Inc. 1.38% 607,085 $25.4M Add +18.1%
LIN Linde PLC 1.38% 53,400 $25.4M Add +947.1%
KKR KKR & Co. Inc. 1.29% 182,980 $23.8M Add +23.1%
CFG Citizens Financial Group 1.25% 434,320 $23.1M New
WFC Wells Fargo & Co. 1.20% 262,653 $22.0M Reduce -62.8%
MRK Merck & Co. Inc. 1.17% 256,766 $21.6M New
JNJ Johnson & Johnson 1.16% 115,062 $21.3M New
FERG Ferguson Enterprises Inc. 1.08% 88,642 $19.9M Add +28.3%
WMT Walmart Inc. 1.06% 189,058 $19.5M New
WMB Williams Cos Inc. 1.01% 292,819 $18.6M Add +241.9%
PNFP Pinnacle Financial Partners 0.97% 190,800 $17.9M New
C Citigroup Inc. 0.94% 170,900 $17.3M Reduce -36.8%
MS Morgan Stanley 0.92% 107,016 $17.0M Add +4996.0%
HBAN Huntington Bancshares Inc. 0.90% 962,515 $16.6M New
RGA Reinsurance Group of America 0.88% 83,882 $16.1M Add +75.7%
CBOE Cboe Global Markets Inc. 0.85% 63,600 $15.6M New
RL Ralph Lauren Corp. 0.84% 49,476 $15.5M Reduce -8.7%
NDAQ Nasdaq Inc. 0.83% 173,600 $15.4M Add +57.1%
DKS Dick's Sporting Goods Inc. 0.79% 65,100 $14.5M New
ALLY Ally Financial Inc. 0.78% 366,259 $14.4M Reduce -18.8%
GXO Gxo Logistics Inc. 0.76% 265,095 $14.0M New
BIIB Biogen Inc. 0.75% 99,013 $13.9M Add +3.5%
WAL Western Alliance Bancorp 0.75% 158,337 $13.7M Add +227.8%
CG The Carlyle Group Inc. 0.73% 215,490 $13.5M Add +177.0%
SAP Sap SE-Sponsored ADR 0.70% 48,330 $12.9M New
AYI Acuity Inc. 0.70% 37,272 $12.8M Reduce -54.8%
SNY Sanofi-ADR 0.69% 270,799 $12.8M New
XLV SS Health Care Select Sector 0.68% 89,663 $12.5M New
CVE Cenovus Energy Inc. 0.66% 716,000 $12.2M New
PBR Petroleo Brasileiro-Spon ADR 0.65% 945,166 $12.0M Reduce -26.2%
DECK Deckers Outdoor Corp. 0.64% 116,300 $11.8M New
XLC SS Comm Select Sector SPDR 0.64% 99,300 $11.8M New
VRSN Verisign Inc. 0.60% 39,257 $11.0M New
UTHR United Therapeutics Corp. 0.59% 25,880 $10.8M New
SPOT Spotify Technology SA 0.57% 14,935 $10.4M New
WBS Webster Financial Corp. 0.56% 172,120 $10.2M New
IFF Intl Flavors & Fragrances filed as INTERNATIONAL FLAVORS&FRAGRA 0.56% 166,100 $10.2M New
BANC Banc of California Inc. 0.55% 617,100 $10.2M New
TPR Tapestry Inc. 0.55% 89,500 $10.1M Add +1.4%
VMC Vulcan Materials Co. 0.55% 32,800 $10.1M Reduce -26.3%
V Visa Inc. Class A 0.55% 29,500 $10.1M Reduce -62.7%
UNM Unum Group 0.54% 127,393 $9.9M Add +230.8%
BIRK Birkenstock Holding PLC 0.54% 217,871 $9.9M New
PRIM Primoris Services Corp. 0.53% 71,563 $9.8M Reduce -21.3%
TRU Transunion 0.53% 116,079 $9.7M Reduce -50.9%
SNV Synovus Financial Corp. 0.50% 185,884 $9.1M Add +70.8%
KRE SS SPDR S&P Regional Bank 0.49% 141,300 $8.9M New
ABBV Abbvie Inc. 0.47% 37,549 $8.7M Reduce -61.0%
BKNG Booking Holdings Inc. 0.47% 1,600 $8.6M Reduce -30.7%
INCY Incyte Corp. 0.46% 99,467 $8.4M New
COLB Columbia Banking System Inc. 0.46% 326,200 $8.4M New
VNET Vnet Group Inc.-ADR 0.44% 781,058 $8.1M Add +7.8%
ROL Rollins Inc. 0.44% 136,776 $8.0M New
TRGP Targa Resources Corp. 0.43% 47,096 $7.9M Reduce -32.5%
ETR Entergy Corp. 0.43% 84,621 $7.9M New
NI Nisource Inc. 0.42% 178,100 $7.7M New
TFC Truist Financial Corp. 0.41% 163,555 $7.5M Reduce -55.2%
NBIX Neurocrine Biosciences Inc. 0.39% 51,280 $7.2M New
USB US Bancorp 0.39% 146,988 $7.1M New
IVZ Invesco Ltd. 0.39% 309,633 $7.1M New
COP Conocophillips 0.38% 74,440 $7.0M Reduce -80.2%
OVV Ovintiv Inc. 0.38% 173,577 $7.0M Reduce -41.0%
BNY Bank of New York Mellon Corp. filed as BANK NEW YORK MELLON CORP 0.37% 62,158 $6.8M New
EME Emcor Group Inc. 0.34% 9,713 $6.3M New
FXI iShares China Large-Cap ETF 0.34% 152,593 $6.3M Reduce -49.5%
AVGO Broadcom Inc. 0.32% 17,800 $5.9M New
FIS Fidelity National Info Serv 0.32% 88,500 $5.8M Add +2.4%
GNRC Generac Holdings Inc. 0.31% 34,200 $5.7M Reduce -6.6%
TRV The Travelers Cos Inc. 0.31% 20,500 $5.7M New
CRWV Coreweave Inc. Class A 0.30% 41,000 $5.6M New
EWZ iShares MSCI Brazil ETF 0.29% 171,917 $5.3M Reduce -51.8%
VLY Valley National Bancorp 0.29% 502,400 $5.3M New
BEN Franklin Templeton Inc. 0.29% 227,603 $5.3M Reduce -29.2%
CHD Church & Dwight Co. Inc. 0.28% 58,686 $5.1M New
DAL Delta Air Lines Inc. 0.28% 89,873 $5.1M New
VRRM Verra Mobility Corp. 0.28% 205,730 $5.1M New
EQH Equitable Holdings Inc. 0.27% 99,547 $5.1M Add +19.8%
WIX Wix.com Ltd. 0.27% 28,400 $5.0M New
MDB Mongodb Inc. 0.27% 15,900 $4.9M New
BBIO Bridgebio Pharma Inc. 0.25% 89,458 $4.6M New
IBKR Interactive Brokers Gro Class A 0.22% 58,800 $4.0M Reduce -32.9%
SHOP Shopify Inc. Class A 0.22% 26,900 $4.0M New
BKU Bankunited Inc. 0.21% 101,779 $3.9M New
MNST Monster Beverage Corp. 0.21% 57,583 $3.9M New
PTCT PTC Therapeutics Inc. 0.21% 62,407 $3.8M New
SJM The JM Smucker Co. filed as SMUCKER J M CO 0.20% 34,600 $3.8M New
T AT&T Inc. 0.20% 128,125 $3.6M Reduce -86.1%

Show all 726 holdings

Options reported separately and not counted above: MSTR calls ($203.0M).

Portfolio Sells Q2 2025 → Q3 2025
LQD Ishr Ibx Usd Invgd CB ETF-Ui Sold out 0.00% −3.08
BRK.B Berkshire Hathaway Inc. Class B Reduce -96.7% 0.11% −2.88
WFC Wells Fargo & Co. Reduce -62.8% 1.20% −1.72
MSFT Microsoft Corp. Reduce -91.6% 0.16% −1.62
AMT American Tower Corp. Reduce -93.0% 0.11% −1.55
SPGI S&P Global Inc. Reduce -99.2% 0.01% −1.48
MA Mastercard Inc. Class A Sold out 0.00% −1.47
TSM Taiwan Semiconductor-SP ADR Sold out 0.00% −1.43
COP Conocophillips Reduce -80.2% 0.38% −1.35
QQQ Invesco QQQ Trust Series 1 Reduce -39.0% 3.08% −1.32
CNQ Canadian Natural Resources Sold out 0.00% −1.23
T AT&T Inc. Reduce -86.1% 0.20% −1.18
NVS Novartis AG-Sponsored ADR Sold out 0.00% −1.16
CL Colgate-Palmolive Co. Sold out 0.00% −1.12
EEM iShares MSCI Emerging Market Reduce -89.8% 0.15% −1.11
FANG Diamondback Energy Inc. Reduce -91.0% 0.11% −0.99
EOG EOG Resources Inc. Sold out 0.00% −0.96
ALV Autoliv Inc. Reduce -99.9% 0.00% −0.94
FLUT Flutter Entertainment PLC-Di Reduce -99.3% 0.01% −0.91
V Visa Inc. Class A Reduce -62.7% 0.55% −0.90
EWJ iShares MSCI Japan ETF Reduce -95.7% 0.05% −0.90
ICE Intercontinental Exchange Inc. Sold out 0.00% −0.84
GOOGL Alphabet Inc. Class A Reduce -37.7% 8.09% −0.84
UBER Uber Technologies Inc. Sold out 0.00% −0.82
LLY Eli Lilly & Co. Sold out 0.00% −0.80
BAC Bank of America Corp. Reduce -41.9% 1.56% −0.78
TMUS T-Mobile US Inc. Reduce -98.1% 0.02% −0.73
GILD Gilead Sciences Inc. Sold out 0.00% −0.72
MTB M & T Bank Corp. Sold out 0.00% −0.67
NVDA Nvidia Corp. Reduce -99.3% 0.01% −0.62
IYR iShares US Real Estate ETF Sold out 0.00% −0.61
ASH Ashland Inc. Sold out 0.00% −0.61
KO The Coca-Cola Co. Sold out 0.00% −0.60
NFLX Netflix Inc. Sold out 0.00% −0.59
CDW CDW Corp. Reduce -98.7% 0.01% −0.58
FMC FMC Corp. Sold out 0.00% −0.58
FHN First Horizon Corp. Sold out 0.00% −0.57
AYI Acuity Inc. Reduce -54.8% 0.70% −0.57
TRU Transunion Reduce -50.9% 0.53% −0.54
ANET Arista Networks Inc. Sold out 0.00% −0.54
CSCO Cisco Systems Inc. Sold out 0.00% −0.53
CMCSA Comcast Corp. Class A Sold out 0.00% −0.52
VGK Vanguard Ftse Europe ETF Sold out 0.00% −0.52
NXPI NXP Semiconductors NV Sold out 0.00% −0.48
MTZ Mastec Inc. Sold out 0.00% −0.48
ARES Ares Management Corp. Class A Sold out 0.00% −0.46
ABBV Abbvie Inc. Reduce -61.0% 0.47% −0.45
CRM Salesforce Inc. Sold out 0.00% −0.44
KSA Ishrs MSCI Saudi Arabia ETF Reduce -85.5% 0.08% −0.44
TFC Truist Financial Corp. Reduce -55.2% 0.41% −0.40

Portfolio Buys Q2 2025 → Q3 2025
META Meta Platforms Inc. Class A Add +2941.5% 5.28% +5.11
AMZN Amazon.com Inc. Add +289.1% 5.35% +4.05
MSTR Strategy Inc. New 3.27% +3.27
IWM iShares Russell 2000 ETF New 2.87% +2.87
TPG TPG Inc. Add +1271.0% 1.84% +1.72
SCHW Schwab (charles) Corp. Add +160.4% 2.30% +1.50
KEY Keycorp Add +96.0% 2.33% +1.28
LIN Linde PLC Add +947.1% 1.38% +1.25
CFG Citizens Financial Group New 1.25% +1.25
MRK Merck & Co. Inc. New 1.17% +1.17
JNJ Johnson & Johnson New 1.16% +1.16
WMT Walmart Inc. New 1.06% +1.06
PNFP Pinnacle Financial Partners New 0.97% +0.97
MS Morgan Stanley Add +4996.0% 0.92% +0.91
HBAN Huntington Bancshares Inc. New 0.90% +0.90
CBOE Cboe Global Markets Inc. New 0.85% +0.85
DKS Dick's Sporting Goods Inc. New 0.79% +0.79
GXO Gxo Logistics Inc. New 0.76% +0.76
WMB Williams Cos Inc. Add +241.9% 1.01% +0.73
SAP Sap SE-Sponsored ADR New 0.70% +0.70
SNY Sanofi-ADR New 0.69% +0.69
XLV SS Health Care Select Sector New 0.68% +0.68
REGN Regeneron Pharmaceuticals Add +63.8% 1.46% +0.67
CVE Cenovus Energy Inc. New 0.66% +0.66
DECK Deckers Outdoor Corp. New 0.64% +0.64
XLC SS Comm Select Sector SPDR New 0.64% +0.64
VRSN Verisign Inc. New 0.60% +0.60
UTHR United Therapeutics Corp. New 0.59% +0.59
SPOT Spotify Technology SA New 0.57% +0.57
WBS Webster Financial Corp. New 0.56% +0.56
IFF Intl Flavors & Fragrances New 0.56% +0.56
BANC Banc of California Inc. New 0.55% +0.55
WAL Western Alliance Bancorp Add +227.8% 0.75% +0.55
BIRK Birkenstock Holding PLC New 0.54% +0.54
CG The Carlyle Group Inc. Add +177.0% 0.73% +0.53
KRE SS SPDR S&P Regional Bank New 0.49% +0.49
INCY Incyte Corp. New 0.46% +0.46
COLB Columbia Banking System Inc. New 0.46% +0.46
ROL Rollins Inc. New 0.44% +0.44
ETR Entergy Corp. New 0.43% +0.43
NI Nisource Inc. New 0.42% +0.42
NBIX Neurocrine Biosciences Inc. New 0.39% +0.39
SU Suncor Energy Inc. Add +18.1% 1.38% +0.39
RGA Reinsurance Group of America Add +75.7% 0.88% +0.39
USB US Bancorp New 0.39% +0.39
IVZ Invesco Ltd. New 0.39% +0.39
UNM Unum Group Add +230.8% 0.54% +0.38
BNY Bank of New York Mellon Corp. New 0.37% +0.37
EME Emcor Group Inc. New 0.34% +0.34
NDAQ Nasdaq Inc. Add +57.1% 0.83% +0.33

Options Activity Q2 2025 → Q3 2025
SPY SS SPDR S&P 500 ETF Trust-US put Sold out 860,500 $531.7Mbefore exit
MSTR Strategy Inc. call New 630,000 $203.0M
QQQ Invesco QQQ Trust Series 1 call Sold out 200,000 $110.3Mbefore exit
EEM iShares MSCI Emerging Market put Sold out 200,000 $9.6Mbefore exit

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 726$1.8BGOOGL, AMZN, META, COF, MSTR
Q2 2025 150$1.9BGOOGL, QQQ, COF, LQD, BRK.B
Q1 2025 120$1.4BMETA, DFS, WFC, SPOT, AMT
Q4 2024 126$1.7BKO, T, GOOGL, AMZN, QQQ
Q3 2024 116$1.2BAMZN, CRH, CNQ, DFS, NVDA
Q2 2024 126$1.2BIFF, QQQ, MSFT, CRH, DFS
Q1 2024 97$1.1BQQQ, HYG, IFF, MSFT, OXY