Third Point portfolio · 2025-12-31
Disclosed long book
$6.93 billion
Long positions
44
Calls / puts
0 / 0
Top 5 concentration
35.6%
Longs with AI data
12 / 44
Average AI 1Y
+20.2%
13F filing comparison
Quarter-over-quarter changes
2025-09-30 to 2025-12-31
Newly reported
11
No longer reported
13
Increased
12
Reduced
13
Newly reported this quarter
Present now and absent from the immediately preceding comparable filing.
| Position | Kind | Shares | Value |
|---|---|---|---|
CMG CHIPOTLE MEXICAN GRILL INC | LONG | 4,725,000 | $174.8 million |
CONSTELLATION ENERGY CORP CONSTELLATION ENERGY CORP | LONG | 475,000 | $167.8 million |
ALIBABA GROUP HLDG LTD ALIBABA GROUP HLDG LTD | LONG | 825,000 | $120.9 million |
APG API GROUP CORP | LONG | 3,000,000 | $114.8 million |
SPOT SPOTIFY TECHNOLOGY S A | LONG | 100,000 | $58.1 million |
PGR PROGRESSIVE CORP | LONG | 220,000 | $50.1 million |
TMO THERMO FISHER SCIENTIFIC INC | LONG | 50,000 | $29.0 million |
WIX COM LTD WIX COM LTD | LONG | 225,000 | $23.4 million |
CSX CSX CORP | LONG | 500,000 | $18.1 million |
ARS PHARMACEUTICALS INC ARS PHARMACEUTICALS INC | LONG | 556,237 | $6.5 million |
CLARITEV CORPORATION CLARITEV CORPORATION | LONG | 145,000 | $6.2 million |
No longer reported this quarter
Present in the prior comparable filing and absent from this one.
| Position | Kind | Prior shares | Prior value |
|---|---|---|---|
STATE STR SPDR S&P 500 ETF T STATE STR SPDR S&P 500 ETF T · TR UNIT | PUT | 875,000 | $582.9 million |
APOLLO GLOBAL MGMT INC APOLLO GLOBAL MGMT INC · COM | LONG | 650,000 | $86.6 million |
APOLLO GLOBAL MGMT INC APOLLO GLOBAL MGMT INC · SER A MAND CNV | LONG | 900,000 | $63.3 million |
COMMUNITY HEALTH SYS INC NEW COMMUNITY HEALTH SYS INC NEW · COM | LONG | 150,000 | $481,500 |
CORE SCIENTIFIC INC NEW CORE SCIENTIFIC INC NEW · COM | LONG | 3,000,000 | $53.8 million |
FLOOR & DECOR HLDGS INC FLOOR & DECOR HLDGS INC · CL A | LONG | 1,330,000 | $98.0 million |
FLUTTER ENTMT PLC FLUTTER ENTMT PLC · SHS | LONG | 1,120,000 | $284.5 million |
JACOBS SOLUTIONS INC JACOBS SOLUTIONS INC · COM | LONG | 915,000 | $137.1 million |
KENVUE INC KENVUE INC · COM | CALL | 1,500,000 | $24.3 million |
META PLATFORMS INC META PLATFORMS INC · CL A | LONG | 220,000 | $161.6 million |
MR COOPER GROUP INC MR COOPER GROUP INC · COM | LONG | 925,000 | $195.0 million |
PRIMO BRANDS CORPORATION PRIMO BRANDS CORPORATION · CLASS A COM SHS | LONG | 5,775,000 | $127.6 million |
TALEN ENERGY CORP TALEN ENERGY CORP · COM | LONG | 350,000 | $148.9 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 | 34,300,000 | $551.2 million | 8.0% | REDUCED | — | 1Y — 5Y — |
NVDA NVIDIA Corporation | LONG | 2,950,000 | $550.2 million | 7.9% | INCREASED | 41.0% | 1Y +32.4% 5Y +188.0% · 33 models |
AMZN Amazon.com Inc. | LONG | 2,165,000 | $499.7 million | 7.2% | REDUCED | 26.1% | 1Y +21.3% 5Y +126.1% · 32 models |
MSFT Microsoft Corporation | LONG | 925,000 | $447.3 million | 6.5% | REDUCED | 18.2% | 1Y +16.3% 5Y +98.3% · 32 models |
UNION PAC CORP UNION PAC CORP · COM · 907818108 | LONG | 1,810,000 | $418.7 million | 6.0% | INCREASED | — | 1Y — 5Y — |
CRH PLC CRH PLC · ORD · G25508105 | LONG | 2,600,000 | $324.5 million | — | INCREASED | — | 1Y — 5Y — |
SOMNIGROUP INTERNATIONAL INC SOMNIGROUP INTERNATIONAL INC · COM · 88023U101 | LONG | 3,400,000 | $303.6 million | 4.4% | INCREASED | — | 1Y — 5Y — |
BROOKFIELD CORP BROOKFIELD CORP · CL A LTD VT SH · 11271J107 | LONG | 6,200,000 | $284.5 million | 4.1% | INCREASED | — | 1Y — 5Y — |
NORFOLK SOUTHN CORP NORFOLK SOUTHN CORP · COM · 655844108 | LONG | 975,000 | $281.5 million | 4.1% | REDUCED | — | 1Y — 5Y — |
TELEPHONE & DATA SYS INC TELEPHONE & DATA SYS INC · COM NEW · 879433829 | LONG | 6,675,000 | $273.7 million | 3.9% | REDUCED | — | 1Y — 5Y — |
CAPITAL ONE FINL CORP CAPITAL ONE FINL CORP · COM · 14040H105 | LONG | 1,100,000 | $266.6 million | 3.8% | REDUCED | — | 1Y — 5Y — |
CASEYS GEN STORES INC CASEYS GEN STORES INC · COM · 147528103 | LONG | 455,000 | $251.5 million | 3.6% | REDUCED | — | 1Y — 5Y — |
CARPENTER TECHNOLOGY CORP CARPENTER TECHNOLOGY CORP · COM · 144285103 | LONG | 785,000 | $247.1 million | 3.6% | REDUCED | — | 1Y — 5Y — |
LYV Live Nation Entertainment | LONG | 1,725,000 | $245.8 million | 3.5% | INCREASED | — | 1Y — 5Y — |
CSGP CoStar Group | LONG | 3,165,000 | $212.8 million | 3.1% | INCREASED | — | 1Y — 5Y — |
MTZ MasTec, Inc. | LONG | 925,000 | $201.1 million | 2.9% | INCREASED | 25.5% | 1Y +21.1% 5Y +107.9% · 30 models |
ROCKET COS INC ROCKET COS INC · COM CL A · 77311W101 | LONG | 9,515,000 | $184.2 million | 2.7% | INCREASED | — | 1Y — 5Y — |
LPL FINL HLDGS INC LPL FINL HLDGS INC · COM · 50212V100 | LONG | 510,000 | $182.2 million | 2.6% | REDUCED | — | 1Y — 5Y — |
CMG Chipotle Mexican Grill Inc. | LONG | 4,725,000 | $174.8 million | 2.5% | NEWLY REPORTED | 19.5% | 1Y +15.0% 5Y +87.3% · 31 models |
CONSTELLATION ENERGY CORP CONSTELLATION ENERGY CORP · COM · 21037T109 | LONG | 475,000 | $167.8 million | 2.4% | NEWLY REPORTED | — | 1Y — 5Y — |
VST Vistra | LONG | 1,005,000 | $162.1 million | 2.3% | INCREASED | 33.6% | 1Y +26.8% 5Y +135.3% · 29 models |
DHR Danaher Corporation | LONG | 600,000 | $137.4 million | 2.0% | INCREASED | 15.1% | 1Y +13.2% 5Y +74.6% · 30 models |
SHARKNINJA INC SHARKNINJA INC · COM SHS · G8068L108 | LONG | 1,200,000 | $134.3 million | 1.9% | REDUCED | — | 1Y — 5Y — |
TSM Taiwan Semiconductor Manufacturing Co. | LONG | 425,000 | $129.2 million | 1.9% | REDUCED | 25.4% | 1Y +24.1% 5Y +140.8% · 31 models |
ALIBABA GROUP HLDG LTD ALIBABA GROUP HLDG LTD · SPONSORED ADS · 01609W102 | LONG | 825,000 | $120.9 million | 1.7% | NEWLY REPORTED | — | 1Y — 5Y — |
APG APi Group Corporation | LONG | 3,000,000 | $114.8 million | 1.7% | NEWLY REPORTED | 19.7% | 1Y +17.3% 5Y +93.0% · 30 models |
FIX Comfort Systems USA, Inc. | LONG | 105,000 | $98.0 million | 1.4% | REDUCED | 23.8% | 1Y +19.9% 5Y +118.3% · 30 models |
SPOT Spotify Technology S.A. | LONG | 100,000 | $58.1 million | 0.8% | NEWLY REPORTED | 28.2% | 1Y +22.7% 5Y +121.3% · 31 models |
KENVUE INC KENVUE INC · COM · 49177J102 | LONG | 3,250,000 | $56.1 million | 0.8% | REDUCED | — | 1Y — 5Y — |
PGR Progressive Corporation | LONG | 220,000 | $50.1 million | 0.7% | NEWLY REPORTED | — | 1Y — 5Y — |
TMO Thermo Fisher Scientific Inc. | LONG | 50,000 | $29.0 million | 0.4% | NEWLY REPORTED | 13.1% | 1Y +12.3% 5Y +70.8% · 31 models |
STRATA CRITICAL MEDICAL INC STRATA CRITICAL MEDICAL INC · CL A COM · 092667104 | LONG | 5,000,000 | $24.1 million | 0.3% | UNCHANGED | — | 1Y — 5Y — |
WIX COM LTD WIX COM LTD · SHS · M98068105 | LONG | 225,000 | $23.4 million | 0.3% | NEWLY REPORTED | — | 1Y — 5Y — |
CSX CSX Corporation | LONG | 500,000 | $18.1 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 | $10.6 million | — | UNCHANGED | — | 1Y — 5Y — |
PG&E CORP PG&E CORP · NOTE 4.250%12/0 · 69331CAL2 | LONG | 10,000,000 | $10.3 million | — | UNCHANGED | — | 1Y — 5Y — |
ARS PHARMACEUTICALS INC ARS PHARMACEUTICALS INC · COM · 82835W108 | LONG | 556,237 | $6.5 million | 0.1% | NEWLY REPORTED | — | 1Y — 5Y — |
CLARITEV CORPORATION CLARITEV CORPORATION · CL A NEW · 62548M209 | LONG | 145,000 | $6.2 million | 0.1% | NEWLY REPORTED | — | 1Y — 5Y — |
PG&E CORP PG&E CORP · PFD CONV SER A · 69331C306 | LONG | 140,000 | $5.7 million | 0.1% | UNCHANGED | — | 1Y — 5Y — |
FLYEXCLUSIVE INC FLYEXCLUSIVE INC · COM CL A · 343928107 | LONG | 1,022,000 | $4.2 million | 0.1% | UNCHANGED | — | 1Y — 5Y — |
AUR Aurora Innovation, Inc. | LONG | 1,032,463 | $4.0 million | 0.1% | UNCHANGED | — | 1Y — 5Y — |
BAUSCH HEALTH COS INC BAUSCH HEALTH COS INC · COM · 071734107 | LONG | 350,000 | $2.4 million | 0.0% | INCREASED | — | 1Y — 5Y — |
AURORA INNOVATION INC AURORA INNOVATION INC · *W EXP 11/03/202 · 051774115 | LONG | 1,835,000 | $413,059 | — | UNCHANGED | — | 1Y — 5Y — |
FLYEXCLUSIVE INC FLYEXCLUSIVE INC · *W EXP 99/99/999 · 343928115 | LONG | 367,499 | $104,664 | — | UNCHANGED | — | 1Y — 5Y — |