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 · 2023Q2

Sector45 positions

PCGPG&E CORP

Utilities·Utilities - Regulated Electric

13.67%

of portfolio

Number of shares

54,000,000 sh

Holdings current value

$933.12M

Avg closing price

$10.72

Last action

Trimmed 22.6%

2025Q4

Current —

DHRDANAHER CORPORATION

Healthcare·Diagnostics & Research

9.14%

of portfolio

Number of shares

2,600,000 sh

Holdings current value

$624.00M

Avg closing price

$220.42

-12.1%

Last action

Added 26.8%

2025Q4

Current $193.78

AMZNAMAZON COM INC

Consumer Cyclical·Internet Retail

7.83%

of portfolio

Number of shares

4,100,000 sh

Holdings current value

$534.48M

Avg closing price

$158.54

+57.5%

Last action

Trimmed 13.6%

2025Q4

Current $249.70

BBWIBATH & BODY WORKS INC

Consumer Cyclical·Specialty Retail

7.61%

of portfolio

Number of shares

13,850,000 sh

Holdings current value

$519.38M

Avg closing price

$36.50

-50.6%

Last action

Exited

2024Q4

Current $18.04

MSFTMICROSOFT CORP

Technology·Software - Infrastructure

7.58%

of portfolio

Number of shares

1,520,000 sh

Holdings current value

$517.62M

Avg closing price

$446.21

-5.2%

Last action

Trimmed 10.3%

2025Q4

Current $422.79

DDDUPONT DE NEMOURS INC

Basic Materials·Specialty Chemicals

4.82%

of portfolio

Number of shares

4,600,000 sh

Holdings current value

$328.62M

Avg closing price

$74.30

-37.1%

Last action

Exited

2024Q1

Current $46.75

TSMTAIWAN SEMICONDUCTOR MFG LTDADR

Technology·Semiconductors

3.62%

of portfolio

Number of shares

2,450,000 sh

Holdings current value

$247.25M

Avg closing price

$131.52

+176.3%

Last action

Trimmed 21.6%

2025Q4

Current $363.35

BABAALIBABA GROUP HLDG LTDADR

Consumer Cyclical·Internet Retail

3.60%

of portfolio

Number of shares

2,950,000 sh

Holdings current value

$245.88M

Avg closing price

$122.33

+13.3%

Last action

New holding

2025Q4

Current $138.59

NVDANVIDIA CORPORATION

Technology·Semiconductors

3.10%

of portfolio

Number of shares

500,000 sh

Holdings current value

$211.51M

Avg closing price

$188.39

+6.5%

Last action

Added 25.0%

2025Q4

Current $200.57

IFFINTERNATIONAL FLAVORS&FRAGRA

Basic Materials·Specialty Chemicals

3.09%

of portfolio

Number of shares

2,650,000 sh

Holdings current value

$210.91M

Avg closing price

$102.67

-29.8%

Last action

Exited

2024Q3

Current $72.06

ICEINTERCONTINENTAL EXCHANGE IN

Financial Services·Financial Data & Stock Exchanges

3.07%

of portfolio

Number of shares

1,850,000 sh

Holdings current value

$209.20M

Avg closing price

$131.80

+24.2%

Last action

Exited

2025Q3

Current $163.75

G3421J106FERGUSON PLC NEW

2.94%

of portfolio

Number of shares

1,275,000 sh

Holdings current value

$200.57M

Avg closing price

$111.39

Last action

Exited

2024Q3

Current —

HCAHCA HEALTHCARE INC

Healthcare·Medical Care Facilities

2.67%

of portfolio

Number of shares

600,000 sh

Holdings current value

$182.09M

Avg closing price

$263.68

+83.2%

Last action

Exited

2023Q3

Current $482.97

GOOGLALPHABET INC

Communication Services·Internet Content & Information

2.50%

of portfolio

Number of shares

1,425,000 sh

Holdings current value

$170.57M

Avg closing price

$149.31

+125.0%

Last action

Exited

2024Q3

Current $336.02

AIGAMERICAN INTL GROUP INC

Financial Services·Insurance - Diversified

2.49%

of portfolio

Number of shares

2,950,000 sh

Holdings current value

$169.74M

Avg closing price

$63.89

+22.4%

Last action

Exited

2024Q3

Current $78.22

JJACOBS SOLUTIONS INC

Industrials·Engineering & Construction

2.36%

of portfolio

Number of shares

1,354,982 sh

Holdings current value

$161.09M

Avg closing price

$123.10

Last action

Exited

2025Q4

Current —

24790A101DENBURY INC

2.12%

of portfolio

Number of shares

1,675,000 sh

Holdings current value

$144.49M

Avg closing price

$86.46

Last action

Exited

2023Q3

Current —

ATVIEURACTIVISION BLIZZARD INC

2.04%

of portfolio

Number of shares

1,650,000 sh

Holdings current value

$139.09M

Avg closing price

$56.14

Last action

Exited

2023Q3

Current —

AMDADVANCED MICRO DEVICES INC

Technology·Semiconductors

2.00%

of portfolio

Number of shares

1,200,000 sh

Holdings current value

$136.69M

Avg closing price

$100.66

+176.4%

Last action

Exited

2023Q3

Current $278.26

HTZHERTZ GLOBAL HLDGS INC

Industrials·Rental & Leasing Services

1.97%

of portfolio

Number of shares

7,319,727 sh

Holdings current value

$134.61M

Avg closing price

$22.49

-69.0%

Last action

Exited

2023Q4

Current $6.98

UBERUBER TECHNOLOGIES INC

Technology·Software - Application

1.76%

of portfolio

Number of shares

2,775,000 sh

Holdings current value

$119.80M

Avg closing price

$67.53

+13.2%

Last action

Exited

2024Q3

Current $76.48

OPCHOPTION CARE HEALTH INC

Healthcare·Medical Care Facilities

1.67%

of portfolio

Number of shares

3,500,000 sh

Holdings current value

$113.72M

Avg closing price

$32.14

Last action

Exited

2023Q4

Current —

WCCWESCO INTL INC

Industrials·Industrial Distribution

1.64%

of portfolio

Number of shares

625,000 sh

Holdings current value

$111.91M

Avg closing price

$161.02

+91.2%

Last action

Exited

2024Q2

Current $307.87

MUMICRON TECHNOLOGY INC

Technology·Semiconductors

1.43%

of portfolio

Number of shares

1,550,000 sh

Holdings current value

$97.64M

Avg closing price

$60.84

+651.5%

Last action

Exited

2024Q3

Current $457.23

VSTVISTRA CORP

Utilities·Utilities - Independent Power Producers

1.28%

of portfolio

Number of shares

3,318,600 sh

Holdings current value

$87.11M

Avg closing price

$86.84

+90.6%

Last action

Added 2.2%

2025Q4

Current $165.53

69331C140PG&E CORP

1.03%

of portfolio

Number of shares

471,000 sh

Holdings current value

$70.42M

Avg closing price

$98.09

Last action

Exited

2023Q3

Current —

G46188101HORIZON THERAPEUTICS PUB L

0.75%

of portfolio

Number of shares

500,000 sh

Holdings current value

$51.42M

Avg closing price

$102.85

Last action

Exited

2023Q3

Current —

H33700107GLOBAL BLUE GROUP HOLDING AG

0.61%

of portfolio

Number of shares

8,487,601 sh

Holdings current value

$41.42M

Avg closing price

$6.95

Last action

Exited

2025Q1

Current —

HTZWWHERTZ GLOBAL HLDGS INCWT

0.44%

of portfolio

Number of shares

3,000,000 sh

Holdings current value

$30.27M

Avg closing price

$9.12

Last action

Added 47.8%

2023Q3

Current —

BKIEURBLACK KNIGHT INC

0.40%

of portfolio

Number of shares

455,632 sh

Holdings current value

$27.21M

Avg closing price

$77.76

Last action

Exited

2023Q3

Current —

G1330M103BLUE WHALE ACQUISITION CORP

0.30%

of portfolio

Number of shares

2,000,000 sh

Holdings current value

$20.32M

Avg closing price

$9.70

Last action

Exited

2023Q3

Current —

FISFIDELITY NATL INFORMATION SV

Technology·Information Technology Services

0.24%

of portfolio

Number of shares

300,000 sh

Holdings current value

$16.41M

Avg closing price

$133.12

-63.5%

Last action

Exited

2023Q4

Current $48.62

26846A100EG ACQUISITION CORP

0.14%

of portfolio

Number of shares

952,000 sh

Holdings current value

$9.76M

Avg closing price

$9.72

Last action

Exited

2023Q4

Current —

AURAURORA INNOVATION INC

Technology·Information Technology Services

0.04%

of portfolio

Number of shares

1,032,463 sh

Holdings current value

$3.04M

Avg closing price

$6.33

-18.3%

Last action

New holding

2021Q4

Current $5.17

NPWR/WSNET POWER INCWT

0.02%

of portfolio

Number of shares

500,000 sh

Holdings current value

$1.68M

Avg closing price

$3.36

Last action

Exited

2025Q2

Current —

AUROWAURORA INNOVATION INCWT

0.01%

of portfolio

Number of shares

1,835,000 sh

Holdings current value

$917.5K

Avg closing price

$2.99

Last action

New holding

2021Q4

Current —

204833115COMPUTE HEALTH ACQUISITIN CO

0.00%

of portfolio

Number of shares

625,000 sh

Holdings current value

$312.5K

Avg closing price

$1.25

Last action

Exited

2023Q3

Current —

TMCWWTMC THE METALS COMPANY INCWT

0.00%

of portfolio

Number of shares

1,000,000 sh

Holdings current value

$195.9K

Avg closing price

$0.96

Last action

Exited

2024Q1

Current —

H33700115GLOBAL BLUE GROUP HOLDING AG

0.00%

of portfolio

Number of shares

1,333,333 sh

Holdings current value

$150.0K

Avg closing price

$0.64

Last action

Exited

2025Q2

Current —

26846A118EG ACQUISITION CORP

0.00%

of portfolio

Number of shares

367,499 sh

Holdings current value

$111.8K

Avg closing price

$0.62

Last action

Exited

2023Q4

Current —

G1195N113BLUESCAPE OPPORTUNITIES ACQU

0.00%

of portfolio

Number of shares

1,000,000 sh

Holdings current value

$54.0K

Avg closing price

$1.51

Last action

Exited

2023Q4

Current —

G50737124JAWS MUSTANG ACQUISITION COR

0.00%

of portfolio

Number of shares

1,000,000 sh

Holdings current value

$50.0K

Avg closing price

$1.26

Last action

Exited

2024Q4

Current —

G1330M129BLUE WHALE ACQUISITION CORP

0.00%

of portfolio

Number of shares

500,000 sh

Holdings current value

$48.1K

Avg closing price

$0.85

Last action

Exited

2023Q3

Current —

83363K110SOCIAL LEVERAGE ACQUISN CORP

0.00%

of portfolio

Number of shares

250,000 sh

Holdings current value

$47.5K

Avg closing price

$1.09

Last action

Exited

2024Q1

Current —

G2770Y128DISRUPTIVE ACQUISITION CORP

0.00%

of portfolio

Number of shares

333,333 sh

Holdings current value

$30.6K

Avg closing price

$0.08

Last action

Exited

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.

Technology8 pos$1.35B22.2%
Consumer Cyclical3 pos$1.30B21.4%
Utilities2 pos$1.02B16.8%
Healthcare3 pos$919.8M15.1%
Basic Materials2 pos$539.5M8.9%
Industrials3 pos$407.6M6.7%
Financial Services2 pos$378.9M6.2%
Communication Services1 pos$170.6M2.8%

(10.8% unclassified, excluded from %)