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 · 2024Q2

Sector44 positions

AMZNAMAZON COM INC

Consumer Cyclical·Internet Retail

11.28%

of portfolio

Number of shares

5,100,000 sh

Holdings current value

$985.58M

Avg closing price

$158.54

+57.5%

Last action

Trimmed 11.2%

2025Q4

Current $249.70

PCGPG&E CORP

Utilities·Utilities - Regulated Electric

10.74%

of portfolio

Number of shares

53,750,000 sh

Holdings current value

$938.48M

Avg closing price

$10.72

Last action

Trimmed 22.7%

2025Q4

Current —

MSFTMICROSOFT CORP

Technology·Software - Infrastructure

8.08%

of portfolio

Number of shares

1,580,000 sh

Holdings current value

$706.18M

Avg closing price

$446.21

-5.2%

Last action

Trimmed 10.0%

2025Q4

Current $422.79

METAMETA PLATFORMS INC

Communication Services·Internet Content & Information

6.35%

of portfolio

Number of shares

1,100,000 sh

Holdings current value

$554.64M

Avg closing price

$418.48

+61.7%

Last action

Exited

2025Q4

Current $676.87

DHRDANAHER CORPORATION

Healthcare·Diagnostics & Research

5.86%

of portfolio

Number of shares

2,050,000 sh

Holdings current value

$512.19M

Avg closing price

$220.42

-12.1%

Last action

Added 36.7%

2025Q4

Current $193.78

BBWIBATH & BODY WORKS INC

Consumer Cyclical·Specialty Retail

5.35%

of portfolio

Number of shares

11,975,000 sh

Holdings current value

$467.62M

Avg closing price

$36.50

-50.6%

Last action

Exited

2024Q4

Current $18.04

AAPLAPPLE INC

Technology·Consumer Electronics

4.70%

of portfolio

Number of shares

1,950,000 sh

Holdings current value

$410.71M

Avg closing price

$118.05

+128.9%

Last action

Exited

2024Q4

Current $270.23

VSTVISTRA CORP

Utilities·Utilities - Independent Power Producers

4.40%

of portfolio

Number of shares

4,470,000 sh

Holdings current value

$384.33M

Avg closing price

$86.84

+90.6%

Last action

Added 1.6%

2025Q4

Current $165.53

GOOGLALPHABET INC

Communication Services·Internet Content & Information

4.13%

of portfolio

Number of shares

1,980,000 sh

Holdings current value

$360.66M

Avg closing price

$149.31

+125.0%

Last action

Exited

2024Q3

Current $336.02

TSMTAIWAN SEMICONDUCTOR MFG LTDADR

Technology·Semiconductors

4.03%

of portfolio

Number of shares

2,025,000 sh

Holdings current value

$351.97M

Avg closing price

$131.52

+176.3%

Last action

Trimmed 25.0%

2025Q4

Current $363.35

AIGAMERICAN INTL GROUP INC

Financial Services·Insurance - Diversified

2.93%

of portfolio

Number of shares

3,450,000 sh

Holdings current value

$256.13M

Avg closing price

$63.89

+22.4%

Last action

Exited

2024Q3

Current $78.22

JJACOBS SOLUTIONS INC

Industrials·Engineering & Construction

2.79%

of portfolio

Number of shares

1,743,239 sh

Holdings current value

$243.55M

Avg closing price

$123.10

Last action

Exited

2025Q4

Current —

CPAYCORPAY INC

Technology·Software - Infrastructure

2.33%

of portfolio

Number of shares

765,000 sh

Holdings current value

$203.80M

Avg closing price

$305.45

+8.7%

Last action

Exited

2025Q3

Current $332.07

VZVERIZON COMMUNICATIONS INC

Communication Services·Telecom Services

2.21%

of portfolio

Number of shares

4,675,000 sh

Holdings current value

$192.80M

Avg closing price

$37.07

+26.2%

Last action

Exited

2024Q3

Current $46.78

APHAMPHENOL CORP NEW

Technology·Electronic Components

2.16%

of portfolio

Number of shares

2,800,000 sh

Holdings current value

$188.64M

Avg closing price

$67.37

+121.1%

Last action

Exited

2024Q4

Current $148.96

G3421J106FERGUSON PLC NEW

2.14%

of portfolio

Number of shares

965,000 sh

Holdings current value

$186.87M

Avg closing price

$111.39

Last action

Exited

2024Q3

Current —

UBERUBER TECHNOLOGIES INC

Technology·Software - Application

1.75%

of portfolio

Number of shares

2,100,000 sh

Holdings current value

$152.63M

Avg closing price

$67.53

+13.2%

Last action

Exited

2024Q3

Current $76.48

CNKCINEMARK HLDGS INC

Communication Services·Entertainment

1.73%

of portfolio

Number of shares

7,000,000 sh

Holdings current value

$151.34M

Avg closing price

$19.01

Last action

Exited

2025Q1

Current —

KBHKB HOME

Consumer Cyclical·Residential Construction

1.69%

of portfolio

Number of shares

2,100,000 sh

Holdings current value

$147.38M

Avg closing price

$70.18

Last action

Exited

2024Q3

Current —

ICEINTERCONTINENTAL EXCHANGE IN

Financial Services·Financial Data & Stock Exchanges

1.57%

of portfolio

Number of shares

1,000,000 sh

Holdings current value

$136.89M

Avg closing price

$131.80

+24.2%

Last action

Exited

2025Q3

Current $163.75

ROPROPER TECHNOLOGIES INC

Technology·Software - Application

1.55%

of portfolio

Number of shares

240,000 sh

Holdings current value

$135.10M

Avg closing price

$182.77

Last action

Exited

2024Q4

Current —

LYVLIVE NATION ENTERTAINMENT IN

Communication Services·Entertainment

1.46%

of portfolio

Number of shares

1,365,000 sh

Holdings current value

$127.96M

Avg closing price

$113.76

+41.2%

Last action

Added 37.9%

2025Q4

Current $160.59

IFFINTERNATIONAL FLAVORS&FRAGRA

Basic Materials·Specialty Chemicals

1.42%

of portfolio

Number of shares

1,300,000 sh

Holdings current value

$123.77M

Avg closing price

$102.67

-29.8%

Last action

Exited

2024Q3

Current $72.06

APOAPOLLO GLOBAL MGMT INC

Financial Services·Asset Management

1.35%

of portfolio

Number of shares

1,000,000 sh

Holdings current value

$118.07M

Avg closing price

$125.79

Last action

Exited

2025Q4

Current —

AAPADVANCE AUTO PARTS INC

Consumer Cyclical·Auto Parts

1.08%

of portfolio

Number of shares

1,500,100 sh

Holdings current value

$94.62M

Avg closing price

$84.82

-33.2%

Last action

Exited

2024Q3

Current $56.66

HESHESS CORP

1.06%

of portfolio

Number of shares

625,000 sh

Holdings current value

$92.20M

Avg closing price

$147.52

Last action

Exited

2025Q2

Current —

ASMLASML HOLDING N V

Technology·Semiconductor Equipment & Materials

0.94%

of portfolio

Number of shares

80,000 sh

Holdings current value

$81.82M

Avg closing price

$1023

+37.9%

Last action

Exited

2024Q3

Current $1411

MSCIMSCI INC

Financial Services·Financial Data & Stock Exchanges

0.83%

of portfolio

Number of shares

150,000 sh

Holdings current value

$72.26M

Avg closing price

$481.75

+17.3%

Last action

Exited

2024Q3

Current $564.90

EQTEQT CORP

Energy·Oil & Gas E&P

0.83%

of portfolio

Number of shares

1,950,000 sh

Holdings current value

$72.11M

Avg closing price

$35.99

+62.3%

Last action

Exited

2025Q2

Current $58.39

APO 6.75 07/31/26APOLLO GLOBAL MGMT INC

0.68%

of portfolio

Number of shares

900,000 sh

Holdings current value

$59.05M

Avg closing price

$55.10

Last action

Exited

2025Q4

Current —

G25508105CRH PLC

0.56%

of portfolio

Number of shares

650,000 sh

Holdings current value

$48.74M

Avg closing price

$94.52

Last action

Added 202.3%

2025Q4

Current —

TDSTELEPHONE & DATA SYS INC

Communication Services·Telecom Services

0.54%

of portfolio

Number of shares

2,266,060 sh

Holdings current value

$46.98M

Avg closing price

$28.40

+60.4%

Last action

Trimmed 1.4%

2025Q4

Current $45.57

H33700107GLOBAL BLUE GROUP HOLDING AG

0.46%

of portfolio

Number of shares

8,387,601 sh

Holdings current value

$40.43M

Avg closing price

$6.95

Last action

Exited

2025Q1

Current —

MUMICRON TECHNOLOGY INC

Technology·Semiconductors

0.41%

of portfolio

Number of shares

275,000 sh

Holdings current value

$36.14M

Avg closing price

$60.84

+651.5%

Last action

Exited

2024Q3

Current $457.23

ADUNITED STATES CELLULAR CORP

Communication Services·Telecom Services

0.35%

of portfolio

Number of shares

545,344 sh

Holdings current value

$30.44M

Avg closing price

$42.97

Last action

Exited

2024Q4

Current —

HTZWWHERTZ GLOBAL HLDGS INCWT

0.11%

of portfolio

Number of shares

3,970,000 sh

Holdings current value

$9.73M

Avg closing price

$9.12

Last action

Added 32.3%

2023Q3

Current —

DTDYNATRACE INC

Technology·Software - Application

0.08%

of portfolio

Number of shares

150,000 sh

Holdings current value

$6.71M

Avg closing price

$44.74

-20.4%

Last action

Exited

2024Q3

Current $35.62

FLYXFLYEXCLUSIVE INC

0.05%

of portfolio

Number of shares

1,022,000 sh

Holdings current value

$4.12M

Avg closing price

$5.50

Last action

New holding

2023Q4

Current —

AURAURORA INNOVATION INC

Technology·Information Technology Services

0.03%

of portfolio

Number of shares

1,032,463 sh

Holdings current value

$2.86M

Avg closing price

$6.33

-18.3%

Last action

New holding

2021Q4

Current $5.17

NPWR/WSNET POWER INCWT

0.01%

of portfolio

Number of shares

500,000 sh

Holdings current value

$1.14M

Avg closing price

$3.36

Last action

Exited

2025Q2

Current —

AUROWAURORA INNOVATION INCWT

0.00%

of portfolio

Number of shares

1,835,000 sh

Holdings current value

$379.8K

Avg closing price

$2.99

Last action

New holding

2021Q4

Current —

FLYX/WSFLYEXCLUSIVE INCWT

0.00%

of portfolio

Number of shares

367,499 sh

Holdings current value

$204.0K

Avg closing price

$0.22

Last action

New holding

2023Q4

Current —

H33700115GLOBAL BLUE GROUP HOLDING AG

0.00%

of portfolio

Number of shares

1,333,333 sh

Holdings current value

$106.7K

Avg closing price

$0.64

Last action

Exited

2025Q2

Current —

G50737124JAWS MUSTANG ACQUISITION COR

0.00%

of portfolio

Number of shares

1,000,000 sh

Holdings current value

$100.0K

Avg closing price

$1.26

Last action

Exited

2024Q4

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$2.28B27.4%
Consumer Cyclical4 pos$1.70B20.4%
Communication Services7 pos$1.46B17.7%
Utilities2 pos$1.32B15.9%
Financial Services4 pos$583.4M7.0%
Healthcare1 pos$512.2M6.2%
Industrials1 pos$243.5M2.9%
Basic Materials1 pos$123.8M1.5%
Energy1 pos$72.1M0.9%

(5.1% unclassified, excluded from %)