Third Point portfolio · 2025-09-30
Disclosed long book
$8.03 billion
Long positions
44
Calls / puts
1 / 1
Top 5 concentration
37.0%
Longs with AI data
9 / 44
Average AI 1Y
+21.8%
13F filing comparison
Quarter-over-quarter changes
2025-06-30 to 2025-09-30
Newly reported
11
No longer reported
16
Increased
10
Reduced
14
Newly reported this quarter
Present now and absent from the immediately preceding comparable filing.
| Position | Kind | Shares | Value |
|---|---|---|---|
KENVUE INC KENVUE INC | CALL | 1,500,000 | $24.3 million |
NORFOLK SOUTHN CORP NORFOLK SOUTHN CORP | LONG | 1,650,000 | $495.7 million |
SOMNIGROUP INTERNATIONAL INC SOMNIGROUP INTERNATIONAL INC | LONG | 3,000,000 | $253.0 million |
UNION PAC CORP UNION PAC CORP | LONG | 875,000 | $206.8 million |
MTZ MASTEC INC | LONG | 725,000 | $154.3 million |
FLOOR & DECOR HLDGS INC FLOOR & DECOR HLDGS INC | LONG | 1,330,000 | $98.0 million |
CORE SCIENTIFIC INC NEW CORE SCIENTIFIC INC NEW | LONG | 3,000,000 | $53.8 million |
STRATA CRITICAL MEDICAL INC STRATA CRITICAL MEDICAL INC | LONG | 5,000,000 | $25.3 million |
BAUSCH HEALTH COS INC BAUSCH HEALTH COS INC | LONG | 100,000 | $645,000 |
COMMUNITY HEALTH SYS INC NEW COMMUNITY HEALTH SYS INC NEW | LONG | 150,000 | $481,500 |
STATE STR SPDR S&P 500 ETF T STATE STR SPDR S&P 500 ETF T | PUT | 875,000 | $582.9 million |
No longer reported this quarter
Present in the prior comparable filing and absent from this one.
| Position | Kind | Prior shares | Prior value |
|---|---|---|---|
ARDENT HEALTH INC ARDENT HEALTH INC · COM | LONG | 75,000 | $1.0 million |
ATEGRITY SPECIALTY IN CO HO ATEGRITY SPECIALTY IN CO HO · COM | LONG | 50,000 | $1.1 million |
CHART INDS INC CHART INDS INC · COM | LONG | 215,000 | $35.4 million |
CLARITEV CORPORATION CLARITEV CORPORATION · CL A NEW | LONG | 30,000 | $1.4 million |
CORPAY INC CORPAY INC · COM SHS | LONG | 685,000 | $227.3 million |
DOCUSIGN INC DOCUSIGN INC · COM | LONG | 625,000 | $48.7 million |
FLOWSERVE CORP FLOWSERVE CORP · COM | LONG | 1,195,000 | $62.6 million |
FORTIVE CORP FORTIVE CORP · COM | LONG | 1,160,000 | $60.5 million |
INTERCONTINENTAL EXCHANGE IN INTERCONTINENTAL EXCHANGE IN · COM | LONG | 950,000 | $174.3 million |
RALLIANT CORP RALLIANT CORP · COM | LONG | 125,003 | $6.1 million |
RB GLOBAL INC RB GLOBAL INC · COM | LONG | 695,000 | $73.8 million |
SABRE CORP SABRE CORP · COM | LONG | 750,000 | $2.4 million |
SEA LTD SEA LTD · SPONSORD ADS | LONG | 50,000 | $8.0 million |
SERVICETITAN INC SERVICETITAN INC · SHS CL A | LONG | 15,000 | $1.6 million |
SOHO HOUSE & CO INC SOHO HOUSE & CO INC · COM CL A | LONG | 5,171,676 | $38.0 million |
WORKDAY INC WORKDAY INC · CL A | LONG | 300,000 | $72.0 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 | 50,100,000 | $755.5 million | 9.4% | REDUCED | — | 1Y — 5Y — |
AMZN Amazon.com Inc. | LONG | 2,810,000 | $617.0 million | 7.7% | INCREASED | 23.5% | 1Y +21.3% 5Y +126.1% · 32 models |
MSFT Microsoft Corporation | LONG | 1,100,000 | $569.7 million | 7.1% | INCREASED | 17.9% | 1Y +16.3% 5Y +98.3% · 32 models |
NVDA NVIDIA Corporation | LONG | 2,850,000 | $531.8 million | 6.6% | INCREASED | 36.8% | 1Y +32.4% 5Y +188.0% · 33 models |
NORFOLK SOUTHN CORP NORFOLK SOUTHN CORP · COM · 655844108 | LONG | 1,650,000 | $495.7 million | 6.2% | NEWLY REPORTED | — | 1Y — 5Y — |
BROOKFIELD CORP BROOKFIELD CORP · CL A LTD VT SH · 11271J107 | LONG | 4,675,000 | $320.6 million | 4.0% | UNCHANGED | — | 1Y — 5Y — |
TSM Taiwan Semiconductor Manufacturing Co. | LONG | 1,100,000 | $307.2 million | 3.8% | REDUCED | 25.7% | 1Y +24.1% 5Y +140.8% · 31 models |
CAPITAL ONE FINL CORP CAPITAL ONE FINL CORP · COM · 14040H105 | LONG | 1,385,000 | $294.4 million | 3.7% | REDUCED | — | 1Y — 5Y — |
FLUTTER ENTMT PLC FLUTTER ENTMT PLC · SHS · G3643J108 | LONG | 1,120,000 | $284.5 million | 3.5% | INCREASED | — | 1Y — 5Y — |
CASEYS GEN STORES INC CASEYS GEN STORES INC · COM · 147528103 | LONG | 500,000 | $282.7 million | 3.5% | INCREASED | — | 1Y — 5Y — |
TELEPHONE & DATA SYS INC TELEPHONE & DATA SYS INC · COM NEW · 879433829 | LONG | 6,707,274 | $263.2 million | 3.3% | REDUCED | — | 1Y — 5Y — |
CRH PLC CRH PLC · ORD · G25508105 | LONG | 2,165,000 | $259.6 million | — | REDUCED | — | 1Y — 5Y — |
CSGP CoStar Group | LONG | 3,017,000 | $254.5 million | 3.2% | REDUCED | — | 1Y — 5Y — |
SOMNIGROUP INTERNATIONAL INC SOMNIGROUP INTERNATIONAL INC · COM · 88023U101 | LONG | 3,000,000 | $253.0 million | 3.1% | NEWLY REPORTED | — | 1Y — 5Y — |
LYV Live Nation Entertainment | LONG | 1,350,000 | $220.6 million | 2.7% | REDUCED | — | 1Y — 5Y — |
CARPENTER TECHNOLOGY CORP CARPENTER TECHNOLOGY CORP · COM · 144285103 | LONG | 850,000 | $208.7 million | 2.6% | INCREASED | — | 1Y — 5Y — |
UNION PAC CORP UNION PAC CORP · COM · 907818108 | LONG | 875,000 | $206.8 million | 2.6% | NEWLY REPORTED | — | 1Y — 5Y — |
LPL FINL HLDGS INC LPL FINL HLDGS INC · COM · 50212V100 | LONG | 594,143 | $197.7 million | 2.5% | REDUCED | — | 1Y — 5Y — |
MR COOPER GROUP INC MR COOPER GROUP INC · COM · 62482R107 | LONG | 925,000 | $195.0 million | 2.4% | UNCHANGED | — | 1Y — 5Y — |
SHARKNINJA INC SHARKNINJA INC · COM SHS · G8068L108 | LONG | 1,800,000 | $185.7 million | 2.3% | INCREASED | — | 1Y — 5Y — |
VST Vistra | LONG | 935,000 | $183.2 million | 2.3% | REDUCED | 28.6% | 1Y +26.8% 5Y +135.3% · 29 models |
FIX Comfort Systems USA, Inc. | LONG | 200,000 | $165.0 million | 2.1% | INCREASED | 18.8% | 1Y +19.9% 5Y +118.3% · 30 models |
META Meta Platforms Inc. | LONG | 220,000 | $161.6 million | 2.0% | INCREASED | 24.5% | 1Y +21.0% 5Y +124.1% · 32 models |
MTZ MasTec, Inc. | LONG | 725,000 | $154.3 million | 1.9% | NEWLY REPORTED | 23.1% | 1Y +21.1% 5Y +107.9% · 30 models |
TALEN ENERGY CORP TALEN ENERGY CORP · COM · 87422Q109 | LONG | 350,000 | $148.9 million | 1.9% | REDUCED | — | 1Y — 5Y — |
KENVUE INC KENVUE INC · COM · 49177J102 | LONG | 9,000,000 | $146.1 million | 1.8% | INCREASED | — | 1Y — 5Y — |
JACOBS SOLUTIONS INC JACOBS SOLUTIONS INC · COM · 46982L108 | LONG | 915,000 | $137.1 million | 1.7% | REDUCED | — | 1Y — 5Y — |
PRIMO BRANDS CORPORATION PRIMO BRANDS CORPORATION · CLASS A COM SHS · 741623102 | LONG | 5,775,000 | $127.6 million | 1.6% | UNCHANGED | — | 1Y — 5Y — |
FLOOR & DECOR HLDGS INC FLOOR & DECOR HLDGS INC · CL A · 339750101 | LONG | 1,330,000 | $98.0 million | 1.2% | NEWLY REPORTED | — | 1Y — 5Y — |
APOLLO GLOBAL MGMT INC APOLLO GLOBAL MGMT INC · COM · 03769M106 | LONG | 650,000 | $86.6 million | 1.1% | REDUCED | — | 1Y — 5Y — |
ROCKET COS INC ROCKET COS INC · COM CL A · 77311W101 | LONG | 4,000,000 | $77.5 million | 1.0% | REDUCED | — | 1Y — 5Y — |
APOLLO GLOBAL MGMT INC APOLLO GLOBAL MGMT INC · SER A MAND CNV · 03769M304 | LONG | 900,000 | $63.3 million | — | UNCHANGED | — | 1Y — 5Y — |
CORE SCIENTIFIC INC NEW CORE SCIENTIFIC INC NEW · COM · 21874A106 | LONG | 3,000,000 | $53.8 million | 0.7% | NEWLY REPORTED | — | 1Y — 5Y — |
STRATA CRITICAL MEDICAL INC STRATA CRITICAL MEDICAL INC · CL A COM · 092667104 | LONG | 5,000,000 | $25.3 million | 0.3% | NEWLY REPORTED | — | 1Y — 5Y — |
HERTZ GLOBAL HLDGS INC HERTZ GLOBAL HLDGS INC · *W EXP 06/30/205 · 42806J148 | LONG | 3,970,000 | $14.8 million | — | UNCHANGED | — | 1Y — 5Y — |
PG&E CORP PG&E CORP · NOTE 4.250%12/0 · 69331CAL2 | LONG | 10,000,000 | $10.1 million | — | UNCHANGED | — | 1Y — 5Y — |
DHR Danaher Corporation | LONG | 50,000 | $9.9 million | 0.1% | REDUCED | 14.6% | 1Y +13.2% 5Y +74.6% · 30 models |
PG&E CORP PG&E CORP · PFD CONV SER A · 69331C306 | LONG | 140,000 | $5.5 million | 0.1% | UNCHANGED | — | 1Y — 5Y — |
FLYEXCLUSIVE INC FLYEXCLUSIVE INC · COM CL A · 343928107 | LONG | 1,022,000 | $5.0 million | 0.1% | UNCHANGED | — | 1Y — 5Y — |
AUR Aurora Innovation, Inc. | LONG | 1,032,463 | $2.2 million | 0.0% | UNCHANGED | — | 1Y — 5Y — |
AURORA INNOVATION INC AURORA INNOVATION INC · *W EXP 11/03/202 · 051774115 | LONG | 1,835,000 | $877,000 | — | UNCHANGED | — | 1Y — 5Y — |
BAUSCH HEALTH COS INC BAUSCH HEALTH COS INC · COM · 071734107 | LONG | 100,000 | $645,000 | 0.0% | NEWLY REPORTED | — | 1Y — 5Y — |
COMMUNITY HEALTH SYS INC NEW COMMUNITY HEALTH SYS INC NEW · COM · 203668108 | LONG | 150,000 | $481,500 | 0.0% | NEWLY REPORTED | — | 1Y — 5Y — |
FLYEXCLUSIVE INC FLYEXCLUSIVE INC · *W EXP 99/99/999 · 343928115 | LONG | 367,499 | $116,681 | — | UNCHANGED | — | 1Y — 5Y — |
KENVUE INC KENVUE INC · COM · 49177J102 | CALL | 1,500,000 | $24.3 million | — | NEWLY REPORTED | — | 1Y — 5Y — |
STATE STR SPDR S&P 500 ETF T STATE STR SPDR S&P 500 ETF T · TR UNIT · 78462F103 | PUT | 875,000 | $582.9 million | — | NEWLY REPORTED | — | 1Y — 5Y — |