Third Point 13F, Q3 2023
Daniel Loeb · quarter ending 30 September 2023 · filed 14 November 2023 · SEC CIK 1040273
Common stock only: shares the fund reported owning at the quarter end, valued as filed. The filing also lists 2 put and call lines, reported at the value of the underlying shares; they are not ownership and are not in these totals.
Largest positions, Q3 2023
The 25 largest of 40 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| PG&E CORP | PCG | $917.15M | 14.0% | +5% shares |
| MICROSOFT CORP | MSFT | $702.54M | 10.7% | +46% shares |
| DANAHER CORPORATION | DHR | $607.85M | 9.3% | -6% shares |
| AMAZON COM INC | AMZN | $594.92M | 9.1% | +14% shares |
| BATH & BODY WORKS INC | BBWI | $468.13M | 7.2% | unchanged |
| META PLATFORMS INC | META | $330.23M | 5.0% | new |
| DUPONT DE NEMOURS INC | DWDPEUR | $309.55M | 4.7% | -10% shares |
| INTERCONTINENTAL EXCHANGE IN | ICE | $262.94M | 4.0% | +29% shares |
| JACOBS SOLUTIONS INC | J | $245.70M | 3.8% | +33% shares |
| FERGUSON PLC NEW | $208.73M | 3.2% | unchanged | |
| UBER TECHNOLOGIES INC | UBER | $193.16M | 3.0% | +51% shares |
| AMERICAN INTL GROUP INC | AIG | $178.77M | 2.7% | unchanged |
| OPTION CARE HEALTH INC | OPCH | $176.33M | 2.7% | +56% shares |
| INTERNATIONAL FLAVORS&FRAGRA | IFF | $168.72M | 2.6% | -7% shares |
| UNITED STATES STL CORP NEW | $154.28M | 2.4% | new | |
| TAIWAN SEMICONDUCTOR MFG LTD | TSM | $154.25M | 2.4% | -28% shares |
| T-MOBILE US INC | TMUS | $140.05M | 2.1% | new |
| VISTRA CORP | VST | $119.59M | 1.8% | +9% shares |
| ALPHABET INC | GOOGL | $117.77M | 1.8% | -37% shares |
| REGAL REXNORD CORPORATION | RRX | $92.87M | 1.4% | new |
| HERTZ GLOBAL HLDGS INC | HTZ | $91.81M | 1.4% | +2% shares |
| WESCO INTL INC | WCC | $89.89M | 1.4% | unchanged |
| GLOBAL BLUE GROUP HOLDING AG | $51.00M | 0.8% | unchanged | |
| APOLLO GLOBAL MGMT INC | APO 6.75 07/31/26 | $49.59M | 0.8% | new |
| TELEPHONE & DATA SYS INC | TDS | $39.13M | 0.6% | new |
What changed since Q2 2023
Against the Q2 2023 filing, Third Point opened 8 new positions, added to 10, trimmed 5, left 17 unchanged and exited 13. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
Exited
- BABAwas $245.88M
- NVDAwas $211.51M
- HCAwas $182.09M
- DENBURY INCwas $144.49M
- ATVIEURwas $139.09M
- AMDwas $136.69M
- MUwas $97.64M
- PG&E CORPwas $70.42M
and 5 more
Other quarters
Source: SEC Form 13F-HR, accession 0001085146-23-004511, filed by Third Point LLC. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.