Third Point
Picture
Moves
Options: 2 moves 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 | 7.59% | 34,300,000 | $551M | trimmed−32% | −1.43 pp | 22 q |
| NVDANvidia Corp | 7.57% | 2,950,000 | $550M | added+4% | +1.22 pp | 4 q |
| AMZNAmazon.Com Inc | 6.88% | 2,165,000 | $500M | trimmed−23% | −0.49 pp | 11 q |
| MSFTMicrosoft Corp | 6.16% | 925,000 | $447M | trimmed−16% | −0.65 pp | 13 q |
| UNPUnion Pacific Corp. | 5.76% | 1,810,000 | $419M | added×2.1 | +3.29 pp | 2 q |
| CRHCRH Public Limited Company | 4.47% | 2,600,000 | $324M | added+20% | +1.37 pp | 7 q |
| SGISomnigroup International Inc. | 4.18% | 3,400,000 | $304M | added+13% | +1.16 pp | 2 q |
| BNBrookfield Corporation | 3.92% | 6,200,000 | $285M | trimmed−12% | +0.09 pp | 6 q |
| NSCNorfolk Southern Corp. | 3.88% | 975,000 | $282M | trimmed−41% | −2.04 pp | 2 q |
| TDSTelephone and Data Systems Inc. | 3.77% | 6,675,000 | $274M | trimmed−0% | +0.63 pp | 10 q |
| COFCapital One Financial | 3.67% | 1,100,000 | $267M | trimmed−21% | +0.15 pp | 5 q |
| CASYCasey's General Stores Inc | 3.46% | 455,000 | $251M | trimmed−9% | +0.08 pp | 4 q |
| CRSCarpenter Technology Corp | 3.40% | 785,000 | $247M | trimmed−8% | +0.91 pp | 6 q |
| LYVLive Nation Entertainment Inc. | 3.38% | 1,725,000 | $246M | added+28% | +0.75 pp | 7 q |
| CSGPCoStar Group Inc | 2.93% | 3,165,000 | $213M | added+5% | −0.11 pp | 4 q |
| MTZMasTec, Inc. | 2.77% | 925,000 | $201M | added+28% | +0.93 pp | 2 q |
| RKTRocket Companies, Inc. | 2.54% | 9,515,000 | $184M | added×2.4 | +1.61 pp | 3 q |
| LPLALPL Financial Holdings Inc. | 2.51% | 510,000 | $182M | trimmed−14% | +0.15 pp | 6 q |
| CMGChipotle Mexican Grill, Inc. | 2.41% | 4,725,000 | $175M | new | +2.41 pp | new |
| CEGConstellation Energy Corporation | 2.31% | 475,000 | $168M | new | +2.31 pp | new |
| VSTVistra Corp. | 2.23% | 1,005,000 | $162M | added+7% | +0.04 pp | 12 q |
| DHRDanaher Corporation | 1.89% | 600,000 | $137M | added×12.0 | +1.77 pp | 3 q |
| SNSharkNinja, Inc. | 1.85% | 1,200,000 | $134M | trimmed−33% | −0.37 pp | 4 q |
| TSMTaiwan Semiconductor Manufacturing Company Ltd. | 1.78% | 425,000 | $129M | trimmed−61% | −1.89 pp | 11 q |
| BABAAlibaba Group Holding Limited | 1.66% | 825,000 | $121M | new | +1.66 pp | new |
| APGAPi Group Corporation | 1.58% | 3,000,000 | $115M | new | +1.58 pp | new |
| FIXComfort Systems USA, Inc. | 1.35% | 105,000 | $98M | trimmed−48% | −0.62 pp | 3 q |
| SPOTSpotify Technology S.A. | 0.80% | 100,000 | $58M | new | +0.80 pp | new |
| KVUEKenvue Inc. | 0.77% | 3,250,000 | $56M | trimmed−64% | −0.97 pp | 4 q |
| PGRProgressive Corporation | 0.69% | 220,000 | $50M | new | +0.69 pp | new |
| TMOThermo Fisher Scientific, Inc. | 0.40% | 50,000 | $29M | new | +0.40 pp | new |
| SRTAStrata Critical Medical, Inc. Class A | 0.33% | 5,000,000 | $24M | held | — | 2 q |
| WIXWIX.com Ltd. | 0.32% | 225,000 | $23M | new | +0.32 pp | new |
| CSXCSX Corporation | 0.25% | 500,000 | $18M | new | +0.25 pp | new |
| HTZWWHertz Global Holdings | 0.15% | 3,970,000 | $11M | held | — | 11 q |
| CTEVClaritev Corporation | 0.09% | 145,000 | $6M | new | +0.09 pp | new |
| SPRYARS Pharmaceuticals, Inc. | 0.09% | 556,237 | $6M | new | +0.09 pp | new |
| PG&E Corpconvertible | 0.08% | 140,000 | $6M | held | — | 5 q |
| FLYXflyExclusive, Inc. | 0.06% | 1,022,000 | $4M | held | — | 9 q |
| AURAurora Innovation, Inc. Class A | 0.05% | 1,032,463 | $4M | held | — | 19 q |
| BHCBausch Health Companies Inc | 0.03% | 350,000 | $2M | added×3.5 | +0.02 pp | 2 q |
| AUROWAurora Innovation, Inc. | 0.01% | 1,835,000 | $413,059 | held | — | 19 q |
| 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 | $104,664 | held | — | 9 q |
| FLUTFlutter Entertainment plc | — | −1,120,000 | — | exited | −3.40 pp | — |
| COOPMr. Cooper Group Inc. | — | −925,000 | — | exited | −2.33 pp | — |
| METAMeta Platforms, Inc. Class A | — | −220,000 | — | exited | −1.93 pp | — |
| TLNTalen Energy Corporation | — | −350,000 | — | exited | −1.78 pp | — |
| JJacobs Solutions Inc. | — | −915,000 | — | exited | −1.64 pp | — |
| PRMBPrimo Brands Corporation | — | −5,775,000 | — | exited | −1.52 pp | — |
| FNDFloor & Decor Holdings, Inc. | — | −1,330,000 | — | exited | −1.17 pp | — |
| APOApollo Global Management, Inc. | — | −650,000 | — | exited | −1.03 pp | — |
| Apollo Global Managementconvertible | — | −900,000 | — | exited | −0.76 pp | — |
| CORZCore Scientific, Inc. | — | −3,000,000 | — | exited | −0.64 pp | — |
| CYHCommunity Health Systems, Inc. | — | −150,000 | — | exited | −0.01 pp | — |
Other 13(f) securities
Options
Notes
| Issue | % of notes | Principal | Value |
|---|---|---|---|
| PG&E Corp | 100.00% | 10,000,000 | $10M |