Activist · CIK 0001040273

Daniel Loeb

Third Point

Mid-Size Fund

Daniel Loeb runs Third Point, an activist overseeing $7.27B in disclosed equity holdings (SEC CIK 0001040273). The latest portfolio (2025Q4) discloses 44 positions across 9 sectors, with the largest positions in PCG, NVDA and AMZN. On a mark-to-market basis the tracked portfolio has returned 19.1% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track Daniel's filings View holdings

Portfolio

$7.27B

Positions

Quarter

2025Q4

Filings tracked

1Y+19.1%3Y+96.7%5Y+264.2%Full performance →

Quarter

2025Q4 2025Q3 2025Q2 2025Q1 2024Q4 2024Q3 2024Q2 2024Q1 2023Q4 2023Q3 2023Q2 2023Q1

Holdings

Sorted by value · 2025Q2

Sector51 positions

PCGPG&E CORP

Utilities·Utilities - Regulated Electric

9.35%

of portfolio

Number of shares

51,100,000 sh

Holdings current value

$712.33M

Avg closing price

$10.72

Last action

Trimmed 23.6%

2025Q4

Current —

AMZNAMAZON COM INC

Consumer Cyclical·Internet Retail

7.80%

of portfolio

Number of shares

2,710,000 sh

Holdings current value

$594.55M

Avg closing price

$158.54

+57.5%

Last action

Trimmed 19.2%

2025Q4

Current $249.70

NVDANVIDIA CORPORATION

Technology·Semiconductors

5.81%

of portfolio

Number of shares

2,800,000 sh

Holdings current value

$442.37M

Avg closing price

$188.39

+6.5%

Last action

Added 3.7%

2025Q4

Current $200.57

COFCAPITAL ONE FINL CORP

Financial Services·Credit Services

5.04%

of portfolio

Number of shares

1,804,204 sh

Holdings current value

$383.86M

Avg closing price

$192.78

+4.1%

Last action

Trimmed 13.6%

2025Q4

Current $200.71

TSMTAIWAN SEMICONDUCTOR MFG LTDADR

Technology·Semiconductors

4.25%

of portfolio

Number of shares

1,430,000 sh

Holdings current value

$323.88M

Avg closing price

$131.52

+176.3%

Last action

Trimmed 32.1%

2025Q4

Current $363.35

G3643J108FLUTTER ENTMT PLC

4.01%

of portfolio

Number of shares

1,070,000 sh

Holdings current value

$305.76M

Avg closing price

$247.76

Last action

Exited

2025Q4

Current —

LYVLIVE NATION ENTERTAINMENT IN

Communication Services·Entertainment

3.92%

of portfolio

Number of shares

1,975,000 sh

Holdings current value

$298.78M

Avg closing price

$113.76

+41.2%

Last action

Added 23.4%

2025Q4

Current $160.59

BNBROOKFIELD CORP

Financial Services·Asset Management

3.79%

of portfolio

Number of shares

4,675,000 sh

Holdings current value

$289.15M

Avg closing price

$52.13

-11.9%

Last action

Added 48.4%

2025Q4

Current $45.95

CSGPCOSTAR GROUP INC

Real Estate·Real Estate Services

3.26%

of portfolio

Number of shares

3,085,000 sh

Holdings current value

$248.03M

Avg closing price

$124.88

-67.9%

Last action

Added 5.0%

2025Q4

Current $40.04

VSTVISTRA CORP

Utilities·Utilities - Independent Power Producers

3.18%

of portfolio

Number of shares

1,250,000 sh

Holdings current value

$242.26M

Avg closing price

$86.84

+90.6%

Last action

Added 5.9%

2025Q4

Current $165.53

TDSTELEPHONE & DATA SYS INC

Communication Services·Telecom Services

3.14%

of portfolio

Number of shares

6,725,000 sh

Holdings current value

$239.28M

Avg closing price

$28.40

+60.4%

Last action

Trimmed 0.5%

2025Q4

Current $45.57

G25508105CRH PLC

3.12%

of portfolio

Number of shares

2,590,000 sh

Holdings current value

$237.76M

Avg closing price

$94.52

Last action

Added 20.2%

2025Q4

Current —

LPLALPL FINL HLDGS INC

Financial Services·Capital Markets

3.08%

of portfolio

Number of shares

625,000 sh

Holdings current value

$234.36M

Avg closing price

$257.00

+21.6%

Last action

Trimmed 11.9%

2025Q4

Current $312.57

TLNTALEN ENERGY CORP

Utilities·Utilities - Independent Power Producers

3.00%

of portfolio

Number of shares

785,000 sh

Holdings current value

$228.25M

Avg closing price

$222.88

+62.6%

Last action

Exited

2025Q4

Current $362.40

CPAYCORPAY INC

Technology·Software - Infrastructure

2.98%

of portfolio

Number of shares

685,000 sh

Holdings current value

$227.30M

Avg closing price

$305.45

+8.7%

Last action

Exited

2025Q3

Current $332.07

CRSCARPENTER TECHNOLOGY CORP

Industrials·Metal Fabrication

2.72%

of portfolio

Number of shares

750,000 sh

Holdings current value

$207.28M

Avg closing price

$171.85

+148.0%

Last action

Trimmed 8.0%

2025Q4

Current $426.16

MSFTMICROSOFT CORP

Technology·Software - Infrastructure

2.61%

of portfolio

Number of shares

400,000 sh

Holdings current value

$198.96M

Avg closing price

$446.21

-5.2%

Last action

Trimmed 30.4%

2025Q4

Current $422.79

CASYCASEYS GEN STORES INC

Consumer Cyclical·Specialty Retail

2.41%

of portfolio

Number of shares

360,000 sh

Holdings current value

$183.70M

Avg closing price

$479.95

+53.6%

Last action

Trimmed 11.1%

2025Q4

Current $737.22

APOAPOLLO GLOBAL MGMT INC

Financial Services·Asset Management

2.37%

of portfolio

Number of shares

1,275,000 sh

Holdings current value

$180.88M

Avg closing price

$125.79

Last action

Exited

2025Q4

Current —

KVUEKENVUE INC

Consumer Defensive·Household & Personal Products

2.34%

of portfolio

Number of shares

8,525,000 sh

Holdings current value

$178.43M

Avg closing price

$23.57

-25.9%

Last action

Trimmed 40.3%

2025Q4

Current $17.46

ICEINTERCONTINENTAL EXCHANGE IN

Financial Services·Financial Data & Stock Exchanges

2.29%

of portfolio

Number of shares

950,000 sh

Holdings current value

$174.30M

Avg closing price

$131.80

+24.2%

Last action

Exited

2025Q3

Current $163.75

PRMBPRIMO BRANDS CORPORATION

Consumer Defensive·Beverages - Non-Alcoholic

2.24%

of portfolio

Number of shares

5,775,000 sh

Holdings current value

$171.06M

Avg closing price

$30.48

-33.3%

Last action

Exited

2025Q4

Current $20.33

JJACOBS SOLUTIONS INC

Industrials·Engineering & Construction

2.18%

of portfolio

Number of shares

1,264,000 sh

Holdings current value

$166.15M

Avg closing price

$123.10

Last action

Exited

2025Q4

Current —

07WAMR COOPER GROUP INC

1.81%

of portfolio

Number of shares

925,000 sh

Holdings current value

$138.02M

Avg closing price

$149.21

Last action

Exited

2025Q4

Current —

G8068L108SHARKNINJA INC

1.56%

of portfolio

Number of shares

1,200,000 sh

Holdings current value

$118.79M

Avg closing price

$95.62

Last action

Trimmed 33.3%

2025Q4

Current —

METAMETA PLATFORMS INC

Communication Services·Internet Content & Information

1.45%

of portfolio

Number of shares

150,000 sh

Holdings current value

$110.71M

Avg closing price

$418.48

+61.7%

Last action

Exited

2025Q4

Current $676.87

FIXCOMFORT SYS USA INC

Industrials·Engineering & Construction

1.30%

of portfolio

Number of shares

185,000 sh

Holdings current value

$99.20M

Avg closing price

$557.88

+187.9%

Last action

Trimmed 33.9%

2025Q4

Current $1606

DHRDANAHER CORPORATION

Healthcare·Diagnostics & Research

1.30%

of portfolio

Number of shares

500,000 sh

Holdings current value

$98.77M

Avg closing price

$220.42

-12.1%

Last action

Added

2025Q4

Current $193.78

RBARB GLOBAL INC

Industrials·Specialty Business Services

0.97%

of portfolio

Number of shares

695,000 sh

Holdings current value

$73.80M

Avg closing price

$100.30

Last action

Exited

2025Q3

Current —

WDAYWORKDAY INC

Technology·Software - Application

0.94%

of portfolio

Number of shares

300,000 sh

Holdings current value

$72.00M

Avg closing price

$258.03

Last action

Exited

2025Q3

Current —

APO 6.75 07/31/26APOLLO GLOBAL MGMT INC

0.88%

of portfolio

Number of shares

900,000 sh

Holdings current value

$67.36M

Avg closing price

$55.10

Last action

Exited

2025Q4

Current —

RKTROCKET COS INC

Financial Services·Mortgage Finance

0.88%

of portfolio

Number of shares

4,750,000 sh

Holdings current value

$67.36M

Avg closing price

$18.37

-14.2%

Last action

Added

2025Q4

Current $15.76

FLSFLOWSERVE CORP

Industrials·Specialty Industrial Machinery

0.82%

of portfolio

Number of shares

1,195,000 sh

Holdings current value

$62.56M

Avg closing price

$52.35

+48.7%

Last action

Exited

2025Q3

Current $77.83

FTVFORTIVE CORP

Technology·Scientific & Technical Instruments

0.79%

of portfolio

Number of shares

1,160,000 sh

Holdings current value

$60.47M

Avg closing price

$76.21

Last action

Exited

2025Q3

Current —

DOCUDOCUSIGN INC

Technology·Software - Application

0.64%

of portfolio

Number of shares

625,000 sh

Holdings current value

$48.68M

Avg closing price

$77.89

-40.9%

Last action

Exited

2025Q3

Current $46.06

75ZMEMBERSHIP COLLECTIVE GROUP

0.50%

of portfolio

Number of shares

5,171,676 sh

Holdings current value

$38.01M

Avg closing price

$9.01

Last action

Exited

2025Q3

Current —

GTLSCHART INDS INC

Industrials·Specialty Industrial Machinery

0.46%

of portfolio

Number of shares

215,000 sh

Holdings current value

$35.40M

Avg closing price

$164.65

+26.1%

Last action

Exited

2025Q3

Current $207.66

HTZWWHERTZ GLOBAL HLDGS INCWT

0.19%

of portfolio

Number of shares

3,970,000 sh

Holdings current value

$14.49M

Avg closing price

$9.12

Last action

Added 32.3%

2023Q3

Current —

PCG 4.25 12/01/27PG&E CORP

0.13%

of portfolio

Number of shares

10,000,000 sh

Holdings current value

$9.93M

Avg closing price

$1.09

Last action

New holding

2024Q4

Current —

SESEA LTDADR

Consumer Cyclical·Internet Retail

0.10%

of portfolio

Number of shares

50,000 sh

Holdings current value

$8.00M

Avg closing price

$159.94

-43.5%

Last action

Exited

2025Q3

Current $90.40

RALRALLIANT CORP

Technology·Electronic Components

0.08%

of portfolio

Number of shares

125,003 sh

Holdings current value

$6.06M

Avg closing price

$48.49

Last action

Exited

2025Q3

Current —

AURAURORA INNOVATION INC

Technology·Information Technology Services

0.07%

of portfolio

Number of shares

1,032,463 sh

Holdings current value

$5.41M

Avg closing price

$6.33

-18.3%

Last action

New holding

2021Q4

Current $5.17

PCG 6 12/01/27 APG&E CORP

0.07%

of portfolio

Number of shares

140,000 sh

Holdings current value

$5.26M

Avg closing price

$49.79

Last action

New holding

2024Q4

Current —

SABRSABRE CORP

Technology·Software - Infrastructure

0.03%

of portfolio

Number of shares

750,000 sh

Holdings current value

$2.37M

Avg closing price

$3.16

Last action

Exited

2025Q3

Current —

FLYXFLYEXCLUSIVE INC

0.03%

of portfolio

Number of shares

1,022,000 sh

Holdings current value

$1.99M

Avg closing price

$5.50

Last action

New holding

2023Q4

Current —

TTANSERVICETITAN INC

Technology·Software - Application

0.02%

of portfolio

Number of shares

15,000 sh

Holdings current value

$1.61M

Avg closing price

$107.18

-41.3%

Last action

Exited

2025Q3

Current $62.89

AUROWAURORA INNOVATION INCWT

0.02%

of portfolio

Number of shares

1,835,000 sh

Holdings current value

$1.60M

Avg closing price

$2.99

Last action

New holding

2021Q4

Current —

CTEVMULTIPLAN CORPORATION

Healthcare·Health Information Services

0.02%

of portfolio

Number of shares

30,000 sh

Holdings current value

$1.35M

Avg closing price

$43.24

Last action

New holding

2025Q4

Current —

ASICATEGRITY SPECIALTY IN CO HO

Financial Services·Insurance - Property & Casualty

0.01%

of portfolio

Number of shares

50,000 sh

Holdings current value

$1.08M

Avg closing price

$21.52

Last action

Exited

2025Q3

Current —

ARDTARDENT HEALTH PARTNERS INC

Healthcare·Medical Care Facilities

0.01%

of portfolio

Number of shares

75,000 sh

Holdings current value

$1.02M

Avg closing price

$13.66

Last action

Exited

2025Q3

Current —

FLYX/WSFLYEXCLUSIVE INCWT

0.00%

of portfolio

Number of shares

367,499 sh

Holdings current value

$36.8K

Avg closing price

$0.22

Last action

New holding

2023Q4

Current —

Portfolio heatmap

Box size = % of portfolio · color = return since filing

Sector exposure

Share of dollar value across the latest reported portfolio. Unclassified positions excluded.

Technology11 pos$1.39B20.8%
Financial Services7 pos$1.33B19.9%
Utilities3 pos$1.18B17.7%
Consumer Cyclical3 pos$786.2M11.8%
Communication Services3 pos$648.8M9.7%
Industrials6 pos$644.4M9.6%
Consumer Defensive2 pos$349.5M5.2%
Real Estate1 pos$248.0M3.7%
Healthcare3 pos$101.1M1.5%

(12.3% unclassified, excluded from %)