Third Point

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Dan Loeb's Third Point reported 30 stock positions worth $2.1 billion. Its top holding was Amazon.com (AMZN) at 19.5% of the portfolio, followed by Telephone and Data Systems (TDS, 13.4%) and CRH (CRH, 9.6%). Compared with Q4 2025, it opened 10 new positions, sold out of 19, added to 1 and reduced 16. The biggest buy was a new position in Meta Platforms Class A (META) and the biggest sale an exit from P G & E (PCG).

Most Recent 13F
Q2 2026
Notable People
Dan Loeb
Location
NEW YORK, NY
CIK
0001040273
Portfolio Value
$2.1B (Q1 2026)
SEC Filing
0001040273-26-000002 ↗ filed May 15, 2026

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $7.8B Q1 2024 Q2 2024: $8.7B Q2 2024 Q3 2024: $7.4B Q3 2024 Q4 2024: $7.3B Q4 2024 Q1 2025: $6.3B Q1 2025 Q2 2025: $7.5B Q2 2025 Q3 2025: $8.3B Q3 2025 Q4 2025: $7.2B Q4 2025 Q1 2026: $2.1B $2.1B Q1 2026 Q2 2026: $4.6B Q2 2026

Holdings 30 stocks · $2.1B
AMZN Amazon.com Inc. 19.49% 1,940,000 $404.0M Reduce -10.4%
TDS Telephone and Data Systems 13.40% 6,600,000 $277.9M Reduce -1.1%
CRH CRH PLC 9.63% 1,900,000 $199.7M Reduce -26.9%
SGI Somnigroup International Inc. 8.10% 2,270,769 $167.9M Reduce -33.2%
CRS Carpenter Technology 5.89% 310,000 $122.2M Reduce -60.5%
MTZ Mastec Inc. 4.97% 320,000 $103.0M Reduce -65.4%
DHR Danaher Corp. 4.80% 525,000 $99.5M Reduce -12.5%
TSM Taiwan Semiconductor-SP ADR 4.48% 275,000 $92.9M Reduce -35.3%
APG Api Group Corp. 3.97% 2,030,000 $82.3M Reduce -32.3%
LYV Live Nation Entertainment Inc. 3.42% 465,000 $70.9M Reduce -73.0%
META Meta Platforms Inc. Class A 2.48% 90,000 $51.5M New
GOOGL Alphabet Inc. Class A 2.43% 175,000 $50.3M New
GLD SPDR Gold Shares 1.97% 95,000 $40.9M New
HUT Hut 8 Corp. 1.97% 869,563 $40.8M New
NVDA Nvidia Corp. 1.60% 190,000 $33.1M Reduce -93.6%
TDG Transdigm Group Inc. 1.40% 25,000 $29.0M New
NSC Norfolk Southern Corp. 1.38% 100,000 $28.7M Reduce -89.7%
COF Capital One Financial Corp. 1.23% 140,000 $25.5M Reduce -87.3%
UNP Union Pacific Corp. 1.17% 100,000 $24.3M Reduce -94.5%
SRTA Strata Critical Medical Inc. 1.01% 5,000,000 $20.9M No change
KLAC KLA Corp. 0.78% 11,000 $16.2M New
LRCX Lam Research Corp. 0.77% 75,000 $16.0M New
ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV 0.76% 12,000 $15.8M New
AVGO Broadcom Inc. 0.75% 50,000 $15.5M New
SMH Vaneck Semiconductor ETF 0.74% 40,000 $15.3M New
SN Sharkninja Inc. 0.67% 130,509 $13.8M Reduce -89.1%
SPRY Ars Pharmaceuticals Inc. 0.39% 1,000,000 $8.0M Add +79.8%
AUR Aurora Innovation Inc. 0.21% 1,032,463 $4.3M No change
FLYX Flyexclusive Inc. 0.11% 1,022,000 $2.3M No change
CTEV Claritev Corp. 0.03% 44,000 $719K Reduce -69.7%
Other holdings (3): bonds, preferreds, convertibles and warrants · $9.5M (not counted above)
SecurityClassShares / PrincipalValueChange
HTZWW Hertz Global Hldgs Inc. -CW51 *W EXP 06/30/205 3,970,000$9.1MNo change
AUROW Aurora Innovation Inc. -CW28 *W EXP 11/03/202 1,835,000$365KNo change
FLYX.WS Eg Acquisition Corp.-A -CW28 *W EXP 99/99/999 367,499$88KNo change

Total filed on the 13F, all lines: $2.1B.

Portfolio Sells Q4 2025 → Q1 2026
PCG P G & E Corp. Sold out 0.00% −7.61
MSFT Microsoft Corp. Sold out 0.00% −6.17
NVDA Nvidia Corp. Reduce -93.6% 1.60% −5.99
UNP Union Pacific Corp. Reduce -94.5% 1.17% −4.61
BN Brookfield Corp. Sold out 0.00% −3.93
CASY Casey's General Stores Inc. Sold out 0.00% −3.47
CSGP Costar Group Inc. Sold out 0.00% −2.94
RKT Rocket Cos Inc. Class A Sold out 0.00% −2.54
LPLA LPL Financial Holdings Inc. Sold out 0.00% −2.51
NSC Norfolk Southern Corp. Reduce -89.7% 1.38% −2.50
COF Capital One Financial Corp. Reduce -87.3% 1.23% −2.45
CMG Chipotle Mexican Grill Inc. Sold out 0.00% −2.41
CEG Constellation Energy Sold out 0.00% −2.32
VST Vistra Corp. Sold out 0.00% −2.24
BABA Alibaba Group Holding-SP ADR Sold out 0.00% −1.67
FIX Comfort Systems USA Inc. Sold out 0.00% −1.35
SN Sharkninja Inc. Reduce -89.1% 0.67% −1.19
SPOT Spotify Technology SA Sold out 0.00% −0.80
KVUE Kenvue Inc. Sold out 0.00% −0.77
PGR Progressive Corp. Sold out 0.00% −0.69
TMO Thermo Fisher Scientific Inc. Sold out 0.00% −0.40
WIX Wix.com Ltd. Sold out 0.00% −0.32
CSX CSX Corp. Sold out 0.00% −0.25
CTEV Claritev Corp. Reduce -69.7% 0.03% −0.05
BHC Bausch Health Cos Inc. Sold out 0.00% −0.03
LYV Live Nation Entertainment Inc. Reduce -73.0% 3.42% +0.03
MTZ Mastec Inc. Reduce -65.4% 4.97% +2.19
APG Api Group Corp. Reduce -32.3% 3.97% +2.38
CRS Carpenter Technology Reduce -60.5% 5.89% +2.48
TSM Taiwan Semiconductor-SP ADR Reduce -35.3% 4.48% +2.70
DHR Danaher Corp. Reduce -12.5% 4.80% +2.91
SGI Somnigroup International Inc. Reduce -33.2% 8.10% +3.91
CRH CRH PLC Reduce -26.9% 9.63% +5.16
TDS Telephone and Data Systems Reduce -1.1% 13.40% +9.63
AMZN Amazon.com Inc. Reduce -10.4% 19.49% +12.59

Portfolio Buys Q4 2025 → Q1 2026
META Meta Platforms Inc. Class A New 2.48% +2.48
GOOGL Alphabet Inc. Class A New 2.43% +2.43
GLD SPDR Gold Shares New 1.97% +1.97
HUT Hut 8 Corp. New 1.97% +1.97
TDG Transdigm Group Inc. New 1.40% +1.40
KLAC KLA Corp. New 0.78% +0.78
LRCX Lam Research Corp. New 0.77% +0.77
ASML ASML Holding NV-NY Reg SHS New 0.76% +0.76
AVGO Broadcom Inc. New 0.75% +0.75
SMH Vaneck Semiconductor ETF New 0.74% +0.74
SPRY Ars Pharmaceuticals Inc. Add +79.8% 0.39% +0.30

Notes & Other Activity Q4 2025 → Q1 2026
PG&E CORP (PCG 4.25 12/01/27) NOTE 4.250%12/0 · principal Sold out 10,000,000 $10.3Mbefore exit
PG&E CORP (PCG 6 12/01/27 A) PFD CONV SER A Sold out 140,000 $5.7Mbefore exit

Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 35$4.6BWBD, AMZN, GOOGL, CRH, TDS
Q1 2026 30$2.1BAMZN, TDS, CRH, SGI, CRS
Q4 2025 39$7.2BPCG, NVDA, AMZN, MSFT, UNP
Q3 2025 38$8.3BPCG, AMZN, MSFT, NVDA, NSC
Q2 2025 45$7.5BPCG, AMZN, NVDA, COF, TSM
Q1 2025 36$6.3BPCG, AMZN, TSM, LYV, TDS
Q4 2024 36$7.3BPCG, AMZN, DHR, META, TSM
Q3 2024 35$7.4BPCG, AMZN, DHR, VST, BBWI
Q2 2024 37$8.7BAMZN, PCG, MSFT, META, DHR
Q1 2024 32$7.8BPCG, AMZN, MSFT, BBWI, META