Third Point
Picture
Moves
Options: 1 move on a notional base, in the table below.
The book
- Very concentrated
- Concentrated
- Focused
- Diversified
- Low
- Moderate
- High
Top 5 positions
Positions
| BAXBaxter International Inc. | 23.51% | 46,000,000 | $2.4B | trimmed−11% | +0.92 pp | 8 q |
| unresolvedDow Chemical Co | 9.83% | 15,700,000 | $998M | trimmed−8% | +0.28 pp | 14 q |
| STZConstellation Brands, Inc. | 4.79% | 3,000,000 | $486M | held | — | 16 q |
| METAMeta Platforms, Inc. Class A | 4.20% | 3,000,000 | $426M | trimmed−14% | +0.25 pp | 4 q |
| GOOGLAlphabet Inc. Class A | 3.80% | 455,000 | $386M | added+7% | +0.49 pp | 5 q |
| TWXTime Warner Inc | 3.37% | 3,500,000 | $342M | added+17% | +0.53 pp | 2 q |
| JPMJPMorgan Chase & Co. | 3.25% | 3,750,000 | $329M | trimmed−29% | −1.20 pp | 2 q |
| TMUST-Mobile US, Inc. | 3.18% | 5,000,000 | $323M | new | +3.18 pp | new |
| BACBank of America Corporation | 3.14% | 13,500,000 | $318M | trimmed−23% | −0.66 pp | 2 q |
| BIDTribeca Strategic Acquisition Corp. Class A | 2.99% | 6,661,604 | $303M | held | — | 16 q |
| SHWThe Sherwin-Williams Company | 2.75% | 900,000 | $279M | trimmed−10% | +0.11 pp | 4 q |
| DHRDanaher Corporation | 2.61% | 3,100,000 | $265M | trimmed−5% | +0.13 pp | 7 q |
| CHTRCharter Comm Inc Del CL A New | 2.58% | 800,000 | $262M | trimmed−6% | +0.18 pp | 4 q |
| CRMSalesforce, Inc. | 2.44% | 3,000,000 | $247M | new | +2.44 pp | new |
| GDGeneral Dynamics Corporation | 2.31% | 1,250,000 | $234M | trimmed−4% | +0.11 pp | 4 q |
| MHKMohawk Industries, Inc. | 2.15% | 950,000 | $218M | trimmed−21% | −0.20 pp | 10 q |
| QCOMQualcomm Inc | 1.98% | 3,500,000 | $201M | new | +1.98 pp | new |
| ZAYOZayo Group Holdings, Inc. | 1.95% | 6,000,000 | $197M | trimmed−14% | −0.31 pp | 2 q |
| SPGIS&P Global Inc. | 1.93% | 1,500,000 | $196M | trimmed−6% | +0.24 pp | 4 q |
| HUMHumana Inc. | 1.88% | 925,000 | $191M | trimmed−61% | −2.93 pp | 3 q |
| ELVElevance Health, Inc. | 1.87% | 1,150,000 | $190M | added+15% | +0.46 pp | 2 q |
| HONHoneywell International, Inc. | 1.69% | 1,375,000 | $172M | held | — | 2 q |
| unresolvedDell Technologies Inc | 1.58% | 2,500,000 | $160M | trimmed−4% | +0.18 pp | 3 q |
| HPEHewlett Packard Enterprise Company | 1.40% | 6,000,000 | $142M | new | +1.40 pp | new |
| RICEEqt Re Merger Sub Inc | 1.17% | 5,000,000 | $119M | added+89% | +0.61 pp | 2 q |
| CECelanese Corporation | 1.11% | 1,250,000 | $112M | new | +1.11 pp | new |
| PXDPioneer Natural Resource Co. | 0.92% | 500,000 | $93M | new | +0.92 pp | new |
| AAAlcoa Corporation | 0.85% | 2,500,000 | $86M | new | +0.85 pp | new |
| unresolvedRsp Permian Inc | 0.82% | 2,000,000 | $83M | new | +0.82 pp | new |
| PEParsley Energy Inc | 0.80% | 2,500,000 | $81M | new | +0.80 pp | new |
| GRBKGreen Brick Partners, Inc | 0.79% | 8,083,022 | $80M | held | — | 10 q |
| NOMDNomad Foods Limited | 0.79% | 7,000,000 | $80M | trimmed−41% | −0.33 pp | 5 q |
| SNAPSnap Inc. | 0.50% | 2,250,000 | $51M | new | +0.50 pp | new |
| HKHalcon Resources Corporation | 0.39% | 5,170,000 | $40M | new | +0.39 pp | new |
| KDMNKadmon Holdings, Inc. | 0.34% | 9,407,745 | $34M | added+19% | −0.07 pp | 3 q |
| ERFEnerplus Corporation | 0.25% | 3,200,000 | $26M | new | +0.25 pp | new |
| ENPHEnphase Energy, Inc. | 0.08% | 6,248,987 | $9M | held | — | 16 q |
| AAPLApple Inc. | — | −1,850,000 | — | exited | −2.10 pp | — |
| TAPMolson Coors Beverage Company Class B | — | −1,700,000 | — | exited | −1.62 pp | — |
| unresolvedPrivatebancorp Inc | — | −3,000,000 | — | exited | −1.60 pp | — |
| CBChubb Limited | — | −1,200,000 | — | exited | −1.56 pp | — |
| UNPUnion Pacific Corp. | — | −1,150,000 | — | exited | −1.17 pp | — |
| CAGConagra Brands, Inc. | — | −3,000,000 | — | exited | −1.16 pp | — |
| unresolvedMonsanto Co | — | −1,100,000 | — | exited | −1.14 pp | — |
| GSGoldman Sachs Group Inc. | — | −400,000 | — | exited | −0.94 pp | — |
| HDSHD Supply Holdings, Inc. | — | −2,250,000 | — | exited | −0.94 pp | — |
| TDGTransDigm Group Incorporated | — | −250,000 | — | exited | −0.61 pp | — |
| SW5Southwestern Energy Co | — | −5,000,000 | — | exited | −0.53 pp | — |
| unresolvedBroadcom Ltd | — | −300,000 | — | exited | −0.52 pp | — |
| SUPVGrupo Supervielle S.A. | — | −2,740,000 | — | exited | −0.35 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| HUM CALL | 100.00% | 500,000 | $103M |
Notes