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. | 17.25% | 36,000,000 | $2.3B | trimmed−12% | −4.38 pp | 11 q |
| unresolvedDowdupont Inc | 7.91% | 14,975,000 | $1.1B | trimmed−0% | −0.84 pp | 2 q |
| BABAAlibaba Group Holding Limited | 7.67% | 6,000,000 | $1.0B | trimmed−9% | −1.91 pp | 3 q |
| BLQADBlackrock Inc | 5.90% | 1,550,000 | $796M | held | — | 3 q |
| GOOGLAlphabet Inc. Class A | 5.39% | 690,000 | $727M | added×2.2 | +2.81 pp | 8 q |
| METAMeta Platforms, Inc. Class A | 4.45% | 3,400,000 | $600M | held | — | 7 q |
| STZConstellation Brands, Inc. | 4.24% | 2,500,000 | $571M | held | — | 19 q |
| ICEIntercontinental Exchange Inc. | 2.88% | 5,500,000 | $388M | new | +2.88 pp | new |
| NFLXNetFlix Inc | 2.85% | 2,000,000 | $384M | new | +2.85 pp | new |
| BIDTribeca Strategic Acquisition Corp. Class A | 2.55% | 6,661,604 | $344M | held | — | 19 q |
| LENLennar Corporation Class A | 2.48% | 5,300,000 | $335M | new | +2.48 pp | new |
| unresolvedAetna Inc New | 2.47% | 1,850,000 | $334M | new | +2.47 pp | new |
| VMCVulcan Materials Company(Holding Company) | 2.47% | 2,600,000 | $334M | added+11% | +0.11 pp | 3 q |
| DHRDanaher Corporation | 2.28% | 3,310,000 | $307M | added0% | −0.10 pp | 10 q |
| SPGIS&P Global Inc. | 2.26% | 1,800,000 | $305M | added+44% | +0.62 pp | 7 q |
| unresolvedVantiv Inc | 2.18% | 4,000,000 | $294M | added+45% | +0.55 pp | 2 q |
| MHKMohawk Industries, Inc. | 2.05% | 1,000,000 | $276M | added+11% | +0.18 pp | 13 q |
| NXPINXP Semiconductors N.V. | 1.87% | 2,150,000 | $252M | trimmed−20% | −0.70 pp | 3 q |
| SHWThe Sherwin-Williams Company | 1.82% | 600,000 | $246M | held | — | 7 q |
| FMCFMC Corporation | 1.54% | 2,200,000 | $208M | held | — | 3 q |
| unresolvedDell Technologies Inc | 1.51% | 2,500,000 | $203M | held | — | 6 q |
| HONHoneywell International, Inc. | 1.45% | 1,275,000 | $196M | held | — | 5 q |
| unresolvedRsp Permian Inc | 1.39% | 4,600,000 | $187M | held | — | 4 q |
| TWXTime Warner Inc | 1.36% | 2,000,000 | $183M | trimmed−27% | −1.01 pp | 5 q |
| PEParsley Energy Inc | 1.25% | 5,750,000 | $169M | added+7% | +0.07 pp | 4 q |
| DOVDover Corporation | 1.24% | 1,650,000 | $167M | held | — | 2 q |
| XRAYDENTSPLY SIRONA Inc. | 0.98% | 2,000,000 | $132M | new | +0.98 pp | new |
| GGALGrupo Financiero Galicia SA | 0.89% | 1,825,000 | $120M | added+9% | +0.16 pp | 2 q |
| GDGeneral Dynamics Corporation | 0.83% | 550,000 | $112M | new | +0.83 pp | new |
| PAMPampa Energia S.a. | 0.81% | 1,625,000 | $109M | added×19.1 | +0.76 pp | 2 q |
| MGMMgm Resorts International | 0.74% | 3,000,000 | $100M | new | +0.74 pp | new |
| MACThe Macerich Company | 0.69% | 1,425,000 | $94M | trimmed−17% | −0.11 pp | 2 q |
| GRBKGreen Brick Partners, Inc | 0.68% | 8,083,022 | $91M | held | — | 13 q |
| ELVElevance Health, Inc. | 0.63% | 375,000 | $84M | trimmed−70% | −1.37 pp | 5 q |
| SW5Southwestern Energy Co | 0.62% | 15,000,000 | $84M | new | +0.62 pp | new |
| unresolvedPinnacle Foods Inc DEL | 0.44% | 1,000,000 | $59M | new | +0.44 pp | new |
| NEXANexa Resources S.A. | 0.44% | 3,000,000 | $59M | new | +0.44 pp | new |
| PCGPG&E Corporation | 0.42% | 1,250,000 | $56M | new | +0.42 pp | new |
| AABAAltaba Inc. | 0.39% | 750,000 | $52M | held | — | 2 q |
| SUPVGrupo Supervielle S.A. | 0.33% | 1,500,000 | $44M | held | — | 2 q |
| KDMNKadmon Holdings, Inc. | 0.25% | 9,407,745 | $34M | held | — | 6 q |
| unresolvedMonsanto Co | 0.17% | 200,000 | $23M | new | +0.17 pp | new |
| SHYiShares 1-3 Year Treasury Bond ETF | 0.01% | 9,995 | $838,000 | new | +0.01 pp | new |
| BACBank of America Corporation | — | −12,250,000 | — | exited | −2.61 pp | — |
| TMUST-Mobile US, Inc. | — | −3,850,000 | — | exited | −2.00 pp | — |
| unresolvedShire PLC | — | −1,200,000 | — | exited | −1.54 pp | — |
| MPCMarathon Petroleum Corporation | — | −2,750,000 | — | exited | −1.30 pp | — |
| ALXNAlexion Pharmaceuticals Inc | — | −1,000,000 | — | exited | −1.18 pp | — |
| BMABanco Macro S.A. | — | −875,000 | — | exited | −0.86 pp | — |
| unresolvedExela Technologies Inc | — | −1,361,300 | — | exited | −0.05 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| TWX CALL | 100.00% | 4,000,000 | $366M |
Notes