Third Point portfolio · 2025-03-31
Disclosed long book
$6.04 billion
Long positions
44
Calls / puts
0 / 1
Top 5 concentration
35.7%
Longs with AI data
4 / 44
Average AI 1Y
+26.1%
13F filing comparison
Quarter-over-quarter changes
2024-12-31 to 2025-03-31
Newly reported
11
No longer reported
9
Increased
9
Reduced
7
Newly reported this quarter
Present now and absent from the immediately preceding comparable filing.
| Position | Kind | Shares | Value |
|---|---|---|---|
KENVUE INC KENVUE INC | LONG | 8,900,000 | $213.4 million |
NVDA NVIDIA CORPORATION | LONG | 1,450,000 | $157.2 million |
CSGP COSTAR GROUP INC | LONG | 1,975,000 | $156.5 million |
UNITED STATES STL CORP NEW UNITED STATES STL CORP NEW | LONG | 3,625,000 | $153.2 million |
CASEYS GEN STORES INC CASEYS GEN STORES INC | LONG | 300,000 | $130.2 million |
TALEN ENERGY CORP TALEN ENERGY CORP | LONG | 585,000 | $116.8 million |
AT&T INC AT&T INC | LONG | 3,775,000 | $105.6 million |
RB GLOBAL INC RB GLOBAL INC | LONG | 950,000 | $95.3 million |
SHARKNINJA INC SHARKNINJA INC | LONG | 550,000 | $45.9 million |
PINTEREST INC PINTEREST INC | LONG | 1,000,000 | $31.0 million |
SPDR S&P 500 ETF TR SPDR S&P 500 ETF TR | PUT | 330,000 | $184.5 million |
No longer reported this quarter
Present in the prior comparable filing and absent from this one.
| Position | Kind | Prior shares | Prior value |
|---|---|---|---|
CINEMARK HLDGS INC CINEMARK HLDGS INC · COM | LONG | 3,750,000 | $116.2 million |
CLEAR CHANNEL OUTDOOR HLDGS CLEAR CHANNEL OUTDOOR HLDGS · COM | LONG | 900,000 | $1.2 million |
DANAHER CORPORATION DANAHER CORPORATION · COM | LONG | 1,900,000 | $436.1 million |
FERGUSON ENTERPRISES INC FERGUSON ENTERPRISES INC · COMMON STOCK NEW | LONG | 1,200,000 | $208.3 million |
GLOBAL BLUE GROUP HOLDING AG GLOBAL BLUE GROUP HOLDING AG · ORD SHS | LONG | 8,387,601 | $58.1 million |
META PLATFORMS INC META PLATFORMS INC · CL A | LONG | 665,000 | $389.4 million |
TESLA INC TESLA INC · COM | LONG | 500,000 | $201.9 million |
THERMO FISHER SCIENTIFIC INC THERMO FISHER SCIENTIFIC INC · COM | LONG | 350,000 | $182.1 million |
WORKDAY INC WORKDAY INC · CL A | LONG | 500,000 | $129.0 million |
“No longer reported” means the position is absent from this comparable 13F filing. It does not prove the manager sold it: reporting thresholds, confidential treatment, corporate actions, or instrument changes can also explain the omission.
| Position | Kind | Shares | Value | Long weight | Quarter change | AI at filing · 1Y | AI now |
|---|---|---|---|---|---|---|---|
PG&E CORP PG&E CORP · COM · 69331C108 | LONG | 51,100,000 | $877.9 million | 14.5% | INCREASED | — | 1Y — 5Y — |
AMAZON COM INC AMAZON COM INC · COM · 023135106 | LONG | 2,350,000 | $447.1 million | 7.4% | REDUCED | — | 1Y — 5Y — |
TSM Taiwan Semiconductor Manufacturing Co. | LONG | 1,780,000 | $295.5 million | 4.9% | UNCHANGED | — | 1Y +24.3% 5Y +142.0% · 25 models |
LIVE NATION ENTERTAINMENT IN LIVE NATION ENTERTAINMENT IN · COM · 538034109 | LONG | 2,100,000 | $274.2 million | 4.5% | INCREASED | — | 1Y — 5Y — |
TELEPHONE & DATA SYS INC TELEPHONE & DATA SYS INC · COM NEW · 879433829 | LONG | 6,760,000 | $261.9 million | 4.3% | INCREASED | — | 1Y — 5Y — |
CRH PLC CRH PLC · ORD · G25508105 | LONG | 2,715,000 | $238.8 million | — | UNCHANGED | — | 1Y — 5Y — |
BROOKFIELD CORP BROOKFIELD CORP · CL A LTD VT SH · 11271J107 | LONG | 4,240,000 | $222.2 million | 3.7% | REDUCED | — | 1Y — 5Y — |
FLUTTER ENTMT PLC FLUTTER ENTMT PLC · SHS · G3643J108 | LONG | 970,000 | $214.9 million | 3.6% | INCREASED | — | 1Y — 5Y — |
KENVUE INC KENVUE INC · COM · 49177J102 | LONG | 8,900,000 | $213.4 million | 3.5% | NEWLY REPORTED | — | 1Y — 5Y — |
CORPAY INC CORPAY INC · COM SHS · 219948106 | LONG | 610,000 | $212.7 million | 3.5% | UNCHANGED | — | 1Y — 5Y — |
APOLLO GLOBAL MGMT INC APOLLO GLOBAL MGMT INC · COM · 03769M106 | LONG | 1,500,000 | $205.4 million | 3.4% | INCREASED | — | 1Y — 5Y — |
LPL FINL HLDGS INC LPL FINL HLDGS INC · COM · 50212V100 | LONG | 625,000 | $204.5 million | 3.4% | REDUCED | — | 1Y — 5Y — |
ICE Intercontinental Exchange | LONG | 1,100,000 | $189.8 million | 3.1% | REDUCED | — | 1Y — 5Y — |
CAPITAL ONE FINL CORP CAPITAL ONE FINL CORP · COM · 14040H105 | LONG | 1,050,000 | $188.3 million | 3.1% | INCREASED | — | 1Y — 5Y — |
JACOBS SOLUTIONS INC JACOBS SOLUTIONS INC · COM · 46982L108 | LONG | 1,400,000 | $169.2 million | 2.8% | REDUCED | — | 1Y — 5Y — |
CARPENTER TECHNOLOGY CORP CARPENTER TECHNOLOGY CORP · COM · 144285103 | LONG | 870,000 | $157.6 million | 2.6% | UNCHANGED | — | 1Y — 5Y — |
EQT CORP EQT CORP · COM · 26884L109 | LONG | 2,950,000 | $157.6 million | 2.6% | UNCHANGED | — | 1Y — 5Y — |
NVDA NVIDIA Corporation | LONG | 1,450,000 | $157.2 million | 2.6% | NEWLY REPORTED | — | 1Y +34.1% 5Y +197.4% · 27 models |
CSGP CoStar Group | LONG | 1,975,000 | $156.5 million | 2.6% | NEWLY REPORTED | — | 1Y — 5Y — |
UNITED STATES STL CORP NEW UNITED STATES STL CORP NEW · COM · 912909108 | LONG | 3,625,000 | $153.2 million | 2.5% | NEWLY REPORTED | — | 1Y — 5Y — |
FTV Fortive | LONG | 1,900,000 | $139.0 million | 2.3% | UNCHANGED | — | 1Y — 5Y — |
CASEYS GEN STORES INC CASEYS GEN STORES INC · COM · 147528103 | LONG | 300,000 | $130.2 million | 2.2% | NEWLY REPORTED | — | 1Y — 5Y — |
DISCOVER FINL SVCS DISCOVER FINL SVCS · COM · 254709108 | LONG | 740,000 | $126.3 million | 2.1% | INCREASED | — | 1Y — 5Y — |
MSFT Microsoft Corporation | LONG | 315,000 | $118.2 million | 2.0% | REDUCED | — | 1Y +16.6% 5Y +97.8% · 27 models |
TALEN ENERGY CORP TALEN ENERGY CORP · COM · 87422Q109 | LONG | 585,000 | $116.8 million | 1.9% | NEWLY REPORTED | — | 1Y — 5Y — |
AT&T INC AT&T INC · COM · 00206R102 | LONG | 3,775,000 | $105.6 million | 1.7% | NEWLY REPORTED | — | 1Y — 5Y — |
HESS CORP HESS CORP · COM · 42809H107 | LONG | 625,000 | $99.8 million | 1.7% | UNCHANGED | — | 1Y — 5Y — |
VST Vistra | LONG | 850,000 | $99.8 million | 1.7% | REDUCED | — | 1Y +29.5% 5Y +146.1% · 23 models |
PRIMO BRANDS CORPORATION PRIMO BRANDS CORPORATION · CLASS A COM SHS · 741623102 | LONG | 2,775,000 | $98.5 million | 1.6% | INCREASED | — | 1Y — 5Y — |
RB GLOBAL INC RB GLOBAL INC · COM · 74935Q107 | LONG | 950,000 | $95.3 million | 1.6% | NEWLY REPORTED | — | 1Y — 5Y — |
APOLLO GLOBAL MGMT INC APOLLO GLOBAL MGMT INC · SER A MAND CNV · 03769M304 | LONG | 900,000 | $65.8 million | — | UNCHANGED | — | 1Y — 5Y — |
SHARKNINJA INC SHARKNINJA INC · COM SHS · G8068L108 | LONG | 550,000 | $45.9 million | 0.8% | NEWLY REPORTED | — | 1Y — 5Y — |
SOHO HOUSE & CO INC SOHO HOUSE & CO INC · COM CL A · 586001109 | LONG | 5,200,000 | $32.1 million | 0.5% | INCREASED | — | 1Y — 5Y — |
PINTEREST INC PINTEREST INC · CL A · 72352L106 | LONG | 1,000,000 | $31.0 million | 0.5% | NEWLY REPORTED | — | 1Y — 5Y — |
SEADRILL LTD SEADRILL LTD · COM · G7997W102 | LONG | 1,025,000 | $25.6 million | 0.4% | UNCHANGED | — | 1Y — 5Y — |
PG&E CORP PG&E CORP · NOTE 4.250%12/0 · 69331CAL2 | LONG | 10,000,000 | $10.6 million | — | UNCHANGED | — | 1Y — 5Y — |
HERTZ GLOBAL HLDGS INC HERTZ GLOBAL HLDGS INC · *W EXP 06/30/205 · 42806J148 | LONG | 3,970,000 | $9.0 million | — | UNCHANGED | — | 1Y — 5Y — |
AURORA INNOVATION INC AURORA INNOVATION INC · CLASS A COM · 051774107 | LONG | 1,032,463 | $6.9 million | 0.1% | UNCHANGED | — | 1Y — 5Y — |
PG&E CORP PG&E CORP · PFD CONV SER A · 69331C306 | LONG | 140,000 | $6.3 million | 0.1% | UNCHANGED | — | 1Y — 5Y — |
FLYEXCLUSIVE INC FLYEXCLUSIVE INC · COM CL A · 343928107 | LONG | 1,022,000 | $3.2 million | 0.1% | UNCHANGED | — | 1Y — 5Y — |
AURORA INNOVATION INC AURORA INNOVATION INC · *W EXP 11/03/202 · 051774115 | LONG | 1,835,000 | $2.6 million | — | UNCHANGED | — | 1Y — 5Y — |
NET POWER INC NET POWER INC · *W EXP 06/08/202 · 64107A113 | LONG | 500,000 | $152,500 | — | UNCHANGED | — | 1Y — 5Y — |
FLYEXCLUSIVE INC FLYEXCLUSIVE INC · *W EXP 99/99/999 · 343928115 | LONG | 367,499 | $36,750 | — | UNCHANGED | — | 1Y — 5Y — |
GLOBAL BLUE GROUP HOLDING AG GLOBAL BLUE GROUP HOLDING AG · *W EXP 08/28/202 · H33700115 | LONG | 1,333,333 | $29,600 | — | UNCHANGED | — | 1Y — 5Y — |
SPDR S&P 500 ETF TR SPDR S&P 500 ETF TR · PUT · 78462F953 | PUT | 330,000 | $184.5 million | — | NEWLY REPORTED | — | 1Y — 5Y — |