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
| PCGPG&E Corporation | 9.36% | 51,100,000 | $712M | held | — | 20 q |
| AMZNAmazon.Com Inc | 7.81% | 2,710,000 | $595M | added+15% | +0.78 pp | 9 q |
| NVDANvidia Corp | 5.81% | 2,800,000 | $442M | added+93% | +3.34 pp | 2 q |
| COFCapital One Financial | 5.04% | 1,804,204 | $384M | added+72% | +2.08 pp | 3 q |
| TSMTaiwan Semiconductor Manufacturing Company Ltd. | 4.26% | 1,430,000 | $324M | trimmed−20% | −0.39 pp | 9 q |
| FLUTFlutter Entertainment plc | 4.02% | 1,070,000 | $306M | added+10% | +0.64 pp | 4 q |
| LYVLive Nation Entertainment Inc. | 3.93% | 1,975,000 | $299M | trimmed−6% | −0.38 pp | 5 q |
| BNBrookfield Corporation | 3.80% | 4,675,000 | $289M | added+10% | +0.30 pp | 4 q |
| CSGPCoStar Group Inc | 3.26% | 3,085,000 | $248M | added+56% | +0.80 pp | 2 q |
| VSTVistra Corp. | 3.18% | 1,250,000 | $242M | added+47% | +1.61 pp | 10 q |
| TDSTelephone and Data Systems Inc. | 3.14% | 6,725,000 | $239M | trimmed−1% | −0.98 pp | 8 q |
| CRHCRH Public Limited Company | 3.12% | 2,590,000 | $238M | trimmed−5% | −0.64 pp | 5 q |
| LPLALPL Financial Holdings Inc. | 3.08% | 625,000 | $234M | held | — | 4 q |
| TLNTalen Energy Corporation | 3.00% | 785,000 | $228M | added+34% | +1.16 pp | 2 q |
| CPAYCorpay, Inc. | 2.99% | 685,000 | $227M | added+12% | −0.36 pp | 7 q |
| CRSCarpenter Technology Corp | 2.72% | 750,000 | $207M | trimmed−14% | +0.24 pp | 4 q |
| MSFTMicrosoft Corp | 2.61% | 400,000 | $199M | added+27% | +0.75 pp | 11 q |
| CASYCasey's General Stores Inc | 2.41% | 360,000 | $184M | added+20% | +0.36 pp | 2 q |
| APOApollo Global Management, Inc. | 2.38% | 1,275,000 | $181M | trimmed−15% | −0.85 pp | 7 q |
| KVUEKenvue Inc. | 2.34% | 8,525,000 | $178M | trimmed−4% | −1.02 pp | 2 q |
| ICEIntercontinental Exchange Inc. | 2.29% | 950,000 | $174M | trimmed−14% | −0.70 pp | 9 q |
| PRMBPrimo Brands Corporation | 2.25% | 5,775,000 | $171M | added×2.1 | +0.70 pp | 3 q |
| JJacobs Solutions Inc. | 2.18% | 1,264,000 | $166M | trimmed−10% | −0.48 pp | 10 q |
| COOPMr. Cooper Group Inc. | 1.81% | 925,000 | $138M | new | +1.81 pp | new |
| SNSharkNinja, Inc. | 1.56% | 1,200,000 | $119M | added×2.2 | +0.84 pp | 2 q |
| METAMeta Platforms, Inc. Class A | 1.45% | 150,000 | $111M | new | +1.45 pp | new |
| FIXComfort Systems USA, Inc. | 1.30% | 185,000 | $99M | new | +1.30 pp | new |
| DHRDanaher Corporation | 1.30% | 500,000 | $99M | new | +1.30 pp | new |
| RBARB Global, Inc. | 0.97% | 695,000 | $74M | trimmed−27% | −0.53 pp | 2 q |
| WDAYWorkday, Inc. Class A | 0.95% | 300,000 | $72M | new | +0.95 pp | new |
| Apollo Global Managementconvertible | 0.89% | 900,000 | $67M | held | — | 8 q |
| RKTRocket Companies, Inc. | 0.89% | 4,750,000 | $67M | new | +0.89 pp | new |
| FLSFlowserve Corporation | 0.82% | 1,195,000 | $63M | new | +0.82 pp | new |
| FTVFortive Corporation | 0.79% | 1,160,000 | $60M | trimmed−39% | −1.40 pp | 3 q |
| DOCUDocuSign, Inc. | 0.64% | 625,000 | $49M | new | +0.64 pp | new |
| 75ZSoho House & Co Inc | 0.50% | 5,171,676 | $38M | trimmed−1% | −0.01 pp | 3 q |
| GTLSChart Inds Inc | 0.47% | 215,000 | $35M | new | +0.47 pp | new |
| HTZWWHertz Global Holdings | 0.19% | 3,970,000 | $14M | held | — | 9 q |
| SESea Limited | 0.11% | 50,000 | $8M | new | +0.11 pp | new |
| RALRalliant Corporation | 0.08% | 125,003 | $6M | new | +0.08 pp | new |
| AURAurora Innovation, Inc. Class A | 0.07% | 1,032,463 | $5M | held | — | 17 q |
| PG&E Corpconvertible | 0.07% | 140,000 | $5M | held | — | 3 q |
| FLYXflyExclusive, Inc. | 0.03% | 1,022,000 | $2M | held | — | 7 q |
| SABRSabre Corporation | 0.03% | 750,000 | $2M | new | +0.03 pp | new |
| AUROWAurora Innovation, Inc. | 0.02% | 1,835,000 | $2M | held | — | 17 q |
| CTEVClaritev Corporation | 0.02% | 30,000 | $1M | new | +0.02 pp | new |
| TTANServiceTitan, Inc. Class A | 0.02% | 15,000 | $2M | new | +0.02 pp | new |
| ARDTArdent Health, Inc. | 0.01% | 75,000 | $1M | new | +0.01 pp | new |
| ASICAtegrity Specialty Insurance Company Holdings | 0.01% | 50,000 | $1M | new | +0.01 pp | new |
| FLYX.WSflyExclusive, Inc. Redeemable warrants, each whole warrant exercisable for one Class A at an exercise price of $11.50 per share | 0.00% | 367,499 | $36,750 | held | — | 7 q |
| EQTEqt Corp | — | −2,950,000 | — | exited | −2.48 pp | — |
| XUnited States Steel Corp | — | −3,625,000 | — | exited | −2.41 pp | — |
| DFSDiscover Financial Services | — | −740,000 | — | exited | −1.99 pp | — |
| TAT&T Inc. | — | −3,775,000 | — | exited | −1.66 pp | — |
| HESHess Corporation | — | −625,000 | — | exited | −1.57 pp | — |
| PINSPinterest, Inc. Class A | — | −1,000,000 | — | exited | −0.49 pp | — |
| SDRLSeadrill Limited | — | −1,025,000 | — | exited | −0.40 pp | — |
| NPWR.WSNET Power Inc. Redeemable warrants, each whole warrant exercisable for one share of Class A at an exercise price of $11.50 | — | −500,000 | — | exited | 0.00 pp | — |
| unresolvedGlobal Blue Group Holding AG | — | −1,333,333 | — | exited | 0.00 pp | — |
Other 13(f) securities
Options
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| PG&E Corp | 100.00% | 10,000,000 | $10M |