Third Point

Q2 2026 13F · by Daniel Loeb, CIO

As of: Jun 30, 2026
Filed: Aug 14, 2026
US stock: $4.6B · prev $2.1B
Positions: 40 · prev 33
Options notional: $29M
Documents: 1· no amendments

Picture99.2% US stock

Full picture · of what this 13F reports is US stock

US stock listed on a US exchange 99.2%
Foreign stock not listed in the US 0.0%
Notes debt, at principal 0.2%
Puts at notional value 0.6%
Calls at notional value 0.0%

Moves43 since the prior filing

+35.0 pp in · −33.9 pp out

New 16 +31.70 pp
Added 13 +3.29 pp
Trimmed 4 −24.11 pp
Exited 9 −9.74 pp

Options: 1 move on a notional base, in the table below.

The book

Concentrated · behaves like 19 equal-sized positions

Very concentrated
Concentrated
Focused
Diversified

Moderate turnover · 29% a year, about 3.5 years per position

Low
Moderate
High

Top 5 positions38% of US stock

Positions40 in this filing · 9 exited


WBDWarner Bros. Discovery, Inc. Series A	11.48%	20,000,000	$533M	new	+11.48 pp	new
AMZNAmazon.Com Inc	8.98%	1,750,000	$417M	trimmed−10%	−10.42 pp	13 q
GOOGLAlphabet Inc. Class A	7.89%	1,025,000	$366M	added×5.9	+5.47 pp	2 q
CRHCRH Public Limited Company	5.06%	2,195,000	$235M	added+16%	−4.53 pp	9 q
TDSTelephone and Data Systems Inc.	5.00%	6,275,000	$232M	trimmed−5%	−8.34 pp	12 q
TSMTaiwan Semiconductor Manufacturing Company Ltd.	4.73%	460,000	$220M	added+67%	+0.27 pp	13 q
LYVLive Nation Entertainment Inc.	4.48%	1,135,000	$208M	added×2.4	+1.08 pp	9 q
KEYSKeysight Technologies, Inc.	4.41%	585,000	$205M	new	+4.41 pp	new
SGISomnigroup International Inc.	4.34%	2,570,769	$202M	added+13%	−3.72 pp	4 q
XYZBlock, Inc.	4.19%	2,558,943	$194M	new	+4.19 pp	new
NSCNorfolk Southern Corp.	4.07%	600,000	$189M	added×6.0	+2.69 pp	4 q
FLEXFlex Ltd.	3.60%	1,030,000	$167M	new	+3.60 pp	new
COFCapital One Financial	3.56%	825,000	$166M	added×5.9	+2.33 pp	7 q
HUTHut 8 Corp.	3.27%	1,315,000	$152M	added+51%	+1.31 pp	2 q
CRSCarpenter Technology Corp	2.86%	215,000	$133M	trimmed−31%	−3.01 pp	8 q
APGAPi Group Corporation	2.61%	2,865,000	$121M	added+41%	−1.34 pp	3 q
MTZMasTec, Inc.	2.60%	290,000	$121M	trimmed−9%	−2.34 pp	4 q
TDGTransDigm Group Incorporated	2.27%	79,000	$105M	added×3.2	+0.88 pp	2 q
DHRDanaher Corporation	2.22%	540,000	$103M	added+3%	−2.56 pp	5 q
UNPUnion Pacific Corp.	2.05%	350,000	$95M	added×3.5	+0.89 pp	4 q
TTMITTM Technologies Inc	2.03%	505,000	$94M	new	+2.03 pp	new
PFGCPerformance Food Group Company	1.63%	675,000	$75M	new	+1.63 pp	new
GOOGMAlphabet Inc.	1.42%	1,300,000	$66M	new	+1.42 pp	new
ASMLASML Holding NV	1.28%	30,000	$60M	added×2.5	+0.52 pp	2 q
SYYSysco Corporation	1.04%	580,000	$48M	new	+1.04 pp	new
ARESAres Management Corporation Class A	0.90%	375,000	$42M	new	+0.90 pp	new
SPCXSpace Exploration Technologies Corp. Class A	0.66%	180,415	$31M	new	+0.66 pp	new
SRTAStrata Critical Medical, Inc. Class A	0.57%	5,000,000	$26M	held	—	4 q
GOOGNAlphabet Inc.	0.22%	200,000	$10M	new	+0.22 pp	new
SPRYARS Pharmaceuticals, Inc.	0.17%	1,000,000	$8M	held	—	3 q
AURAurora Innovation, Inc. Class A	0.15%	1,032,463	$7M	held	—	21 q
HTZWWHertz Global Holdings	0.09%	3,970,000	$4M	held	—	13 q
FLYXflyExclusive, Inc.	0.04%	1,022,000	$2M	held	—	11 q
BLCOBausch + Lomb Corporation	0.03%	85,000	$1M	new	+0.03 pp	new
CORZCore Scientific, Inc.	0.03%	54,000	$1M	new	+0.03 pp	new
EROCERock, Inc.	0.03%	83,030	$1M	new	+0.03 pp	new
APLDApplied Digital Corporation	0.02%	22,000	$820,600	new	+0.02 pp	new
AUROWAurora Innovation, Inc.	0.01%	1,835,000	$587,384	held	—	21 q
WOLFWolfspeed, Inc.	0.01%	10,000	$482,500	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	$77,175	held	—	11 q
METAMeta Platforms, Inc. Class A	—	−90,000	—	exited	−2.47 pp	—
GLDSPDR Gold Trust, SPDR Gold Shares	—	−95,000	—	exited	−1.96 pp	—
NVDANvidia Corp	—	−190,000	—	exited	−1.59 pp	—
KLACKLA Corporation	—	−110,000	—	exited	−0.78 pp	—
LRCXLam Research Corp	—	−75,000	—	exited	−0.77 pp	—
AVGOBroadcom Inc.	—	−50,000	—	exited	−0.74 pp	—
SMHVanEck Semiconductor ETF	—	−40,000	—	exited	−0.74 pp	—
SNSharkNinja, Inc.	—	−130,509	—	exited	−0.66 pp	—
CTEVClaritev Corporation	—	−44,000	—	exited	−0.03 pp	—