Third Point
Picture
Moves
Options: 3 moves 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. | 18.63% | 36,000,000 | $2.7B | held | — | 13 q |
| NXPINXP Semiconductors N.V. | 8.23% | 10,750,000 | $1.2B | new | +8.23 pp | new |
| UTXZRTX Corporation | 6.66% | 7,600,000 | $950M | added+7% | −0.41 pp | 2 q |
| unresolvedDowdupont Inc | 6.61% | 14,300,000 | $943M | added+2% | −0.49 pp | 4 q |
| PYPLPayPal Holdings, Inc. | 5.84% | 10,000,000 | $833M | new | +5.84 pp | new |
| NFLXNetFlix Inc | 5.49% | 2,000,000 | $783M | held | — | 3 q |
| BABAAlibaba Group Holding Limited | 5.20% | 4,000,000 | $742M | held | — | 5 q |
| METAMeta Platforms, Inc. Class A | 4.09% | 3,000,000 | $583M | trimmed−25% | −0.97 pp | 9 q |
| STZConstellation Brands, Inc. | 3.07% | 2,000,000 | $438M | trimmed−13% | −1.08 pp | 21 q |
| BIDTribeca Strategic Acquisition Corp. Class A | 2.54% | 6,661,604 | $362M | held | — | 21 q |
| VMCVulcan Materials Company(Holding Company) | 2.49% | 2,750,000 | $355M | trimmed−6% | −0.17 pp | 5 q |
| BLQADBlackrock Inc | 2.27% | 650,000 | $324M | trimmed−40% | −2.38 pp | 5 q |
| DHRDanaher Corporation | 2.25% | 3,250,000 | $321M | held | — | 12 q |
| LENLennar Corporation Class A | 2.21% | 6,000,000 | $315M | trimmed−4% | −0.72 pp | 3 q |
| DOVDover Corporation | 2.05% | 4,000,000 | $293M | added+2% | −1.00 pp | 4 q |
| SPGIS&P Global Inc. | 1.86% | 1,300,000 | $265M | trimmed−13% | −0.41 pp | 9 q |
| WYNNWynn Resorts Ltd | 1.79% | 1,525,000 | $255M | trimmed−1% | −0.43 pp | 2 q |
| WPWorldpay, Inc. | 1.66% | 2,900,000 | $237M | trimmed−29% | −1.01 pp | 2 q |
| EAElectronic Arts Inc | 1.63% | 1,650,000 | $233M | added+32% | +0.43 pp | 2 q |
| CPBThe Campbell's Company | 1.58% | 5,550,000 | $225M | new | +1.58 pp | new |
| VVISA Inc. | 1.58% | 1,700,000 | $225M | new | +1.58 pp | new |
| SHWThe Sherwin-Williams Company | 1.57% | 550,000 | $224M | trimmed−6% | −0.25 pp | 9 q |
| MSFTMicrosoft Corp | 1.56% | 2,250,000 | $222M | added×4.1 | +1.16 pp | 2 q |
| MPCMarathon Petroleum Corporation | 1.52% | 3,100,000 | $217M | added+55% | +0.36 pp | 2 q |
| ADBEAdobe Inc. | 1.20% | 700,000 | $171M | added+75% | +0.52 pp | 2 q |
| unresolvedDell Technologies Inc | 1.19% | 2,000,000 | $169M | new | +1.19 pp | new |
| DEDeere & Company | 1.08% | 1,100,000 | $154M | new | +1.08 pp | new |
| unresolvedFar Pt Acquisition Corp | 1.07% | 15,692,500 | $153M | new | +1.07 pp | new |
| unresolvedEnergen Corp | 0.69% | 1,350,000 | $98M | new | +0.69 pp | new |
| PVHPVH Corp. | 0.66% | 625,000 | $94M | new | +0.66 pp | new |
| CRMSalesforce, Inc. | 0.60% | 625,000 | $85M | added+39% | +0.19 pp | 2 q |
| CWHCamping World Holdings, Inc. | 0.49% | 2,825,000 | $71M | new | +0.49 pp | new |
| unresolvedFar Pt Acquisition Corp | 0.29% | 4,000,000 | $41M | new | +0.29 pp | new |
| KDMNKadmon Holdings, Inc. | 0.26% | 9,407,745 | $38M | held | — | 8 q |
| AAgilent Technologies Inc. | 0.07% | 150,000 | $9M | new | +0.07 pp | new |
| BAKBraskem S.A. | 0.02% | 100,000 | $3M | new | +0.02 pp | new |
| SHYiShares 1-3 Year Treasury Bond ETF | 0.02% | 40,142 | $3M | added+16% | 0.00 pp | 3 q |
| GOOGLAlphabet Inc. Class A | — | −575,000 | — | exited | −4.72 pp | — |
| ICEIntercontinental Exchange Inc. | — | −5,000,000 | — | exited | −2.87 pp | — |
| MHKMohawk Industries, Inc. | — | −835,000 | — | exited | −1.53 pp | — |
| PAGSPagSeguro Digital Ltd. | — | −4,550,000 | — | exited | −1.38 pp | — |
| ELVElevance Health, Inc. | — | −785,000 | — | exited | −1.37 pp | — |
| GGALGrupo Financiero Galicia SA | — | −1,790,000 | — | exited | −0.93 pp | — |
| GRBKGreen Brick Partners, Inc | — | −8,083,022 | — | exited | −0.70 pp | — |
| PAMPampa Energia S.a. | — | −1,100,000 | — | exited | −0.52 pp | — |
| BKIBlack Knight, Inc. | — | −1,250,000 | — | exited | −0.47 pp | — |
| SUPVGrupo Supervielle S.A. | — | −1,470,000 | — | exited | −0.35 pp | — |
| PBFPbf Energy Inc. | — | −1,250,000 | — | exited | −0.34 pp | — |
| NEXANexa Resources S.A. | — | −2,164,000 | — | exited | −0.30 pp | — |
| MELIMercado Libre, Inc | — | −100,000 | — | exited | −0.28 pp | — |
| unresolvedMonsanto Co | — | −200,000 | — | exited | −0.18 pp | — |
Other 13(f) securities
Options
| Contract | % of notional | Shares | Notional |
|---|---|---|---|
| FXI CALL | 100.00% | 2,000,000 | $86M |
Notes