Third Point Dan Loeb
Holdings as of the end of Q2 2025, reported in its 13F filing on Aug 14, 2025; changes vs Q1 2025. Source
Reported value
$7.6B
at quarter-end prices
Positions
50
top 10 are 50% of it
Bought · Q2 2025
24
16 new, 8 added 20%+
Sold · Q2 2025
11
9 sold out, 2 cut 20%+
Holdings 50
| # | Stock | Company | Shares | Value | Of portfolio | Shares vs Q1 2025 |
|---|---|---|---|---|---|---|
| 1 | PCG | PG&E CORP | 51,100,000 | $712.3M | 9.4% | — |
| 2 | AMZN | AMAZON COM INC | 2,710,000 | $594.5M | 7.8% | +15% |
| 3 | NVDA | NVIDIA CORPORATION | 2,800,000 | $442.4M | 5.8% | +93% |
| 4 | COF | CAPITAL ONE FINL CORP | 1,804,204 | $383.9M | 5.0% | +72% |
| 5 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | 1,430,000 | $323.9M | 4.3% | -20% |
| 6 | — | FLUTTER ENTMT PLC | 1,070,000 | $305.8M | 4.0% | +10% |
| 7 | LYV | LIVE NATION ENTERTAINMENT IN | 1,975,000 | $298.8M | 3.9% | -6% |
| 8 | BN | BROOKFIELD CORP | 4,675,000 | $289.1M | 3.8% | +10% |
| 9 | CSGP | COSTAR GROUP INC | 3,085,000 | $248M | 3.3% | +56% |
| 10 | VST | VISTRA CORP | 1,250,000 | $242.3M | 3.2% | +47% |
| 11 | TDS | TELEPHONE & DATA SYS INC | 6,725,000 | $239.3M | 3.1% | -1% |
| 12 | — | CRH PLC | 2,590,000 | $237.8M | 3.1% | -5% |
| 13 | LPLA | LPL FINL HLDGS INC | 625,000 | $234.4M | 3.1% | — |
| 14 | TLN | TALEN ENERGY CORP | 785,000 | $228.3M | 3.0% | +34% |
| 15 | CPAY | CORPAY INC | 685,000 | $227.3M | 3.0% | +12% |
| 16 | CRS | CARPENTER TECHNOLOGY CORP | 750,000 | $207.3M | 2.7% | -14% |
| 17 | MSFT | MICROSOFT CORP | 400,000 | $199M | 2.6% | +27% |
| 18 | CASY | CASEYS GEN STORES INC | 360,000 | $183.7M | 2.4% | +20% |
| 19 | APO | APOLLO GLOBAL MGMT INC | 1,275,000 | $180.9M | 2.4% | -15% |
| 20 | KVUE | KENVUE INC | 8,525,000 | $178.4M | 2.3% | -4% |
| 21 | ICE | INTERCONTINENTAL EXCHANGE IN | 950,000 | $174.3M | 2.3% | -14% |
| 22 | PRMB | PRIMO BRANDS CORPORATION | 5,775,000 | $171.1M | 2.2% | +108% |
| 23 | J | JACOBS SOLUTIONS INC | 1,264,000 | $166.2M | 2.2% | -10% |
| 24 | — | MR COOPER GROUP INC | 925,000 | $138M | 1.8% | new |
| 25 | SN | SHARKNINJA INC | 1,200,000 | $118.8M | 1.6% | +118% |
| 26 | META | META PLATFORMS INC | 150,000 | $110.7M | 1.5% | new |
| 27 | FIX | COMFORT SYS USA INC | 185,000 | $99.2M | 1.3% | new |
| 28 | DHR | DANAHER CORPORATION | 500,000 | $98.8M | 1.3% | new |
| 29 | RBA | RB GLOBAL INC | 695,000 | $73.8M | 0.97% | -27% |
| 30 | WDAY | WORKDAY INC | 300,000 | $72M | 0.95% | new |
| 31 | — | APOLLO GLOBAL MGMT INC | 900,000 | $67.4M | 0.89% | — |
| 32 | RKT | ROCKET COS INC | 4,750,000 | $67.4M | 0.89% | new |
| 33 | FLS | FLOWSERVE CORP | 1,195,000 | $62.6M | 0.82% | new |
| 34 | FTV | FORTIVE CORP | 1,160,000 | $60.5M | 0.79% | -39% |
| 35 | DOCU | DOCUSIGN INC | 625,000 | $48.7M | 0.64% | new |
| 36 | — | SOHO HOUSE & CO INC | 5,171,676 | $38M | 0.50% | -1% |
| 37 | — | CHART INDS INC | 215,000 | $35.4M | 0.47% | new |
| 38 | HTZWW | HERTZ GLOBAL HLDGS INC | 3,970,000 | $14.5M | 0.19% | — |
| 39 | SE | SEA LTD | 50,000 | $8M | 0.11% | new |
| 40 | RAL | RALLIANT CORP | 125,003 | $6.1M | 0.08% | new |
| 41 | AUR | AURORA INNOVATION INC | 1,032,463 | $5.4M | 0.07% | — |
| 42 | PCG | PG&E CORP | 140,000 | $5.3M | 0.07% | — |
| 43 | SABR | SABRE CORP | 750,000 | $2.4M | 0.03% | new |
| 44 | FLYX | FLYEXCLUSIVE INC | 1,022,000 | $2M | 0.03% | — |
| 45 | TTAN | SERVICETITAN INC | 15,000 | $1.6M | 0.02% | new |
| 46 | AUROW | AURORA INNOVATION INC | 1,835,000 | $1.6M | 0.02% | — |
| 47 | CTEV | CLARITEV CORPORATION | 30,000 | $1.4M | 0.02% | new |
| 48 | ASIC | ATEGRITY SPECIALTY IN CO HO | 50,000 | $1.1M | 0.01% | new |
| 49 | ARDT | ARDENT HEALTH INC | 75,000 | $1M | 0.01% | new |
| 50 | FLYX-WS | FLYEXCLUSIVE INC | 367,499 | $36.8K | 0.00% | — |
Sold out in Q2 2025 9
| Stock | Company | Shares held in Q1 2025 | Value then | Of portfolio then |
|---|---|---|---|---|
| EQT | EQT CORP | 2,950,000 | $157.6M | 2.5% |
| — | UNITED STATES STL CORP NEW | 3,625,000 | $153.2M | 2.4% |
| — | DISCOVER FINL SVCS | 740,000 | $126.3M | 2.0% |
| T | AT&T INC | 3,775,000 | $105.6M | 1.7% |
| — | HESS CORP | 625,000 | $99.8M | 1.6% |
| PINS | PINTEREST INC | 1,000,000 | $31M | 0.49% |
| SDRL | SEADRILL LTD | 1,025,000 | $25.6M | 0.40% |
| NPWR-WS | NET POWER INC | 500,000 | $152.5K | 0.00% |
| — | GLOBAL BLUE GROUP HOLDING AG | 1,333,333 | $29.6K | 0.00% |
13F filings list US-listed long positions (stocks and ADRs) at the quarter's end: no shorts, cash, bonds or foreign shares; options and principal amounts are left out here. Trades made after the quarter ended don't show until the next filing. Changes compare share counts with the quarter before (splits can show as adds). Not investment advice.