What Third Point LLC changed, 2013 to 2026
53 quarterly 13F filings, from Q2 2013 to Q2 2026, each read from the filing itself. A quarter is compared only with the quarter before it, so a quarter with no filing is a gap in the record, not a sale.
Reported book
$4.7bn
$4.4bn at Q2 2013
Positions
43
33 at Q2 2013
Top ten weight
60%
74% at Q2 2013
Typical quarterly turnover
about 19%
Estimated from share changes
- Q2 2013: $4.4bn
- Q3 2013: $4.1bn
- Q4 2013: $5.8bn
- Q1 2014: $6.8bn
- Q2 2014: $8.1bn
- Q3 2014: $8.7bn
- Q4 2014: $11.1bn
- Q1 2015: $10.8bn
- Q2 2015: $10.7bn
- Q3 2015: $10.6bn
- Q4 2015: $9.9bn
- Q1 2016: $10.9bn
- Q2 2016: $10.5bn
- Q3 2016: $11.5bn
- Q4 2016: $10.2bn
- Q1 2017: $10.2bn
- Q2 2017: $11.3bn
- Q3 2017: $11.9bn
- Q4 2017: $13.9bn
- Q1 2018: $13.3bn
- Q2 2018: $14.4bn
- Q3 2018: $14.3bn
- Q4 2018: $6.5bn
- Q1 2019: $9.0bn
- Q2 2019: $8.5bn
- Q3 2019: $8.4bn
- Q4 2019: $8.7bn
- Q1 2020: $6.3bn
- Q2 2020: $7.3bn
- Q3 2020: $10.0bn
- Q4 2020: $13.0bn
- Q1 2021: $14.8bn
- Q2 2021: $17.1bn
- Q3 2021: $18.3bn
- Q4 2021: $14.3bn
- Q1 2022: $7.7bn
- Q2 2022: $4.2bn
- Q3 2022: $5.5bn
- Q4 2022: $6.0bn
- Q1 2023: $6.1bn
- Q2 2023: $6.8bn
- Q3 2023: $6.6bn
- Q4 2023: $6.6bn
- Q1 2024: $7.8bn
- Q2 2024: $8.7bn
- Q3 2024: $7.4bn
- Q4 2024: $7.4bn
- Q1 2025: $6.6bn
- Q2 2025: $7.6bn
- Q3 2025: $9.0bn
- Q4 2025: $7.3bn
- Q1 2026: $2.1bn
- Q2 2026: $4.7bn
- Q2 2013: 74%
- Q3 2013: 63%
- Q4 2013: 48%
- Q1 2014: 44%
- Q2 2014: 56%
- Q3 2014: 58%
- Q4 2014: 64%
- Q1 2015: 60%
- Q2 2015: 56%
- Q3 2015: 73%
- Q4 2015: 82%
- Q1 2016: 69%
- Q2 2016: 65%
- Q3 2016: 63%
- Q4 2016: 62%
- Q1 2017: 61%
- Q2 2017: 66%
- Q3 2017: 65%
- Q4 2017: 60%
- Q1 2018: 63%
- Q2 2018: 66%
- Q3 2018: 70%
- Q4 2018: 78%
- Q1 2019: 70%
- Q2 2019: 69%
- Q3 2019: 70%
- Q4 2019: 67%
- Q1 2020: 69%
- Q2 2020: 59%
- Q3 2020: 57%
- Q4 2020: 46%
- Q1 2021: 47%
- Q2 2021: 47%
- Q3 2021: 57%
- Q4 2021: 52%
- Q1 2022: 62%
- Q2 2022: 75%
- Q3 2022: 74%
- Q4 2022: 80%
- Q1 2023: 77%
- Q2 2023: 64%
- Q3 2023: 70%
- Q4 2023: 74%
- Q1 2024: 73%
- Q2 2024: 65%
- Q3 2024: 61%
- Q4 2024: 57%
- Q1 2025: 50%
- Q2 2025: 50%
- Q3 2025: 53%
- Q4 2025: 54%
- Q1 2026: 78%
- Q2 2026: 60%
The positions that defined it
Every position that was ever among the 25 largest: when it first appeared, when it was largest, and where it stands in Q2 2026. The line is its reported value each quarter.
| Position | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Warner Bros Discovery Inc(WBD)Common Series A | Q2 2026 | $533mQ2 2026 | $533m | |
| Amazon Com Inc(AMZN) | Q4 2019 | $986mQ2 2024 | $417m | |
| Alphabet Inc(GOOGL)Capital Stock Class A | Q1 2016 | $727mQ4 2017 | $366m | |
| Crh plc(CRH) | Q2 2024 | $324mQ4 2025 | $235m | |
| Telephone & Data Sys Inc(TDS) | Q3 2023 | $278mQ1 2026 | $232m | |
| Taiwan Semiconductor MFG LTD(TSM)Sponsored ADS | Q2 2023 | $352mQ2 2024 | $220m | |
| Live Nation Entertainment In(LYV) | Q2 2024 | $299mQ2 2025 | $208m | |
| Keysight Technologies Inc(KEYS) | Q2 2026 | $205mQ2 2026 | $205m | |
| Somnigroup International Inc(SGI) | Q3 2025 | $304mQ4 2025 | $202m | |
| Square Inc(XYZ)Class A | Q2 2020 | $194mQ2 2026 | $194m | |
| Norfolk Southn Corp(NSC) | Q3 2025 | $496mQ3 2025 | $189m | |
| Flex LTD(FLEX) | Q2 2026 | $167mQ2 2026 | $167m | |
| Upstart HLDGS Inc(UPST) | Q4 2020 | $3.9bnQ3 2021 | Soldlast listed Q4 2021 | |
| Baxter Intl Inc(BAX) | Q2 2015 | $2.8bnQ3 2018 | Soldlast listed Q2 2020 | |
| Amgen Inc(AMGN) | Q2 2014 | $1.7bnQ4 2014 | Soldlast listed Q1 2016 | |
| Allergan PLC | Q2 2015 | $1.7bnQ4 2015 | Soldlast listed Q1 2020 | |
| Far PT Acquisition CorpClass A Founders SH | Q2 2018 | $1.6bnQ3 2018 | Soldlast listed Q2 2020 | |
| Yahoo Inc | Q2 2013 | $1.6bnQ2 2013 | Soldlast listed Q4 2013 | |
| Sentinelone Inc(S)Class A | Q2 2021 | $1.4bnQ3 2021 | Soldlast listed Q4 2022 | |
| Dow Chem Co | Q4 2013 | $1.3bnQ4 2015 | Soldlast listed Q2 2017 |
Quarter by quarter
Q1 2020: $6.3bn across 30 positions
Against Q4 2019: 6 new, 5 added to, 13 trimmed, 13 sold out, across all 30 positions.
Turnover about 19% of the book, estimated from share changes at quarter-end prices.
Largest additions
- Amazon Com Inc (AMZN)+$290m
- Centene Corp Del (CNC)+$236m
- Ferrari N V (RACE)+$141m
- Allergan PLC+$75m
- iShares 1 3 Year Treas BD (SHY)+$529k
Largest reductions
- Baxter Intl Inc (BAX)-$523m
- United Technologies Corp-$402m
- Burlington Stores Inc (BURL)-$141m
- Salesforce Com Inc (CRM)-$138m
- Iqvia HLDGS Inc (IQV)-$111m
- Adobe Sys Inc (ADBE)-$102m
- Raytheon Co-$79m
- Danaher Corp Del (DHR)-$75m
Opened
- Disney Walt Co (DIS)$138m
- Charter Communications Inc N (CHTR)$131m
- Roper Inds Inc New (ROP)$86m
- Te Connectivity LTD$85m
- Servicemaster Global HLDGS I$84m
- Sherwin Williams Co (SHW)$69m
Sold out
- Campbell Soup Co (CPB)was $712m
- Boston Scientific Corp (BSX)was $226m
- Fox Corp (FOXA)was $185m
- Five Below Inc (FIVE)was $153m
- TD Ameritrade HLDG Corpwas $149m
- Black Knight Incwas $123m
- Viacomcbs Incwas $115m
- The Charles Schwab Corporati (SCHW)was $48m
Largest positions, Q1 2020
The largest 25 of 30 reported positions.
| Position | Value | Weight | On the quarter |
|---|---|---|---|
| Baxter Intl Inc (BAX) | $940m | 15.0% | Trimmed |
| Allergan PLC | $764m | 12.2% | Added |
| Danaher Corp Del (DHR) | $494m | 7.9% | Trimmed |
| Amazon Com Inc (AMZN) | $419m | 6.7% | Added |
| Centene Corp Del (CNC) | $387m | 6.2% | Added |
| United Technologies Corp | $377m | 6.0% | Trimmed |
| Fidelity Natl Information SV (FIS) | $285m | 4.6% | Trimmed |
| Visa Inc (V) | $226m | 3.6% | Trimmed |
| Salesforce Com Inc (CRM) | $220m | 3.5% | Trimmed |
| Adobe Sys Inc (ADBE) | $212m | 3.4% | Trimmed |
| Iqvia HLDGS Inc (IQV) | $198m | 3.2% | Trimmed |
| Iaa Inc | $195m | 3.1% | Held |
| S&P Global Inc (SPGI) | $190m | 3.0% | Trimmed |
| Burlington Stores Inc (BURL) | $178m | 2.8% | Trimmed |
| Ferrari N V (RACE) | $166m | 2.6% | Added |
| Far PT Acquisition Corp | $159m | 2.5% | Held |
| Disney Walt Co (DIS) | $138m | 2.2% | New |
| Charter Communications Inc N (CHTR) | $131m | 2.1% | New |
| Roper Inds Inc New (ROP) | $86m | 1.4% | New |
| Te Connectivity LTD | $85m | 1.4% | New |
| Servicemaster Global HLDGS I | $84m | 1.3% | New |
| Sherwin Williams Co (SHW) | $69m | 1.1% | New |
| Avantor Inc (AVTR) | $62m | 1.0% | Trimmed |
| Raytheon Co | $43m | 0.7% | Trimmed |
| Far PT Acquisition Corp | $41m | 0.6% | Held |
The books most like this one
Among the managers whose filings are on file, at Q2 2026. Overlap is the share of the two books that is the same: for every stock both list, the smaller of its two weights, added up. Two books can overlap because both own the largest companies; it says nothing about whether the managers agree.
| Manager | Overlap | Stocks in both | Overlap over time | |
|---|---|---|---|---|
| Tiger Global Management LLC | 24% | 8 | Compare | |
| Caxton Associates LLP | at least 23% | 9 | Compare | |
| Steadfast Capital Management LP | 21% | 10 | Compare | |
| Coatue Management LLC | 19% | 8 | Compare | |
| Ruane Cunniff & Goldfarb LP | 16% | 3 | Compare | |
| Whale Rock Capital Management LLC | 16% | 5 | Compare | |
| Appaloosa LP | 15% | 4 | Compare | |
| Lone Pine Capital LLC | 15% | 9 | Compare |
“At least” where either manager has more positions than are read each quarter: a stock both hold below that range is not counted.
The filings behind it
Every quarter above is one 13F holdings report, with any amendment the filer made to it applied in the order it was filed. Where the reporting entity changed, each quarter keeps the filer that actually reported it.
| Quarter | Filer | Book | Amended | Filing |
|---|---|---|---|---|
| Q2 2026 | Third Point LLC | $4.7bn | 13F-HR | |
| Q1 2026 | Third Point LLC | $2.1bn | 13F-HR | |
| Q4 2025 | Third Point LLC | $7.3bn | 13F-HR | |
| Q3 2025 | Third Point LLC | $9.0bn | 13F-HR | |
| Q2 2025 | Third Point LLC | $7.6bn | 13F-HR | |
| Q1 2025 | Third Point LLC | $6.6bn | 13F-HR | |
| Q4 2024 | Third Point LLC | $7.4bn | 13F-HR | |
| Q3 2024 | Third Point LLC | $7.4bn | 13F-HR | |
| Q2 2024 | Third Point LLC | $8.7bn | 13F-HR | |
| Q1 2024 | Third Point LLC | $7.8bn | 13F-HR | |
| Q4 2023 | Third Point LLC | $6.6bn | 13F-HR | |
| Q3 2023 | Third Point LLC | $6.6bn | 13F-HR | |
| Q2 2023 | Third Point LLC | $6.8bn | 13F-HR | |
| Q1 2023 | Third Point LLC | $6.1bn | 13F-HR | |
| Q4 2022 | Third Point LLC | $6.0bn | 13F-HR | |
| Q3 2022 | Third Point LLC | $5.5bn | 13F-HR | |
| Q2 2022 | Third Point LLC | $4.2bn | 13F-HR | |
| Q1 2022 | Third Point LLC | $7.7bn | 13F-HR | |
| Q4 2021 | Third Point LLC | $14.3bn | 13F-HR | |
| Q3 2021 | Third Point LLC | $18.3bn | 13F-HR | |
| Q2 2021 | Third Point LLC | $17.1bn | 13F-HR | |
| Q1 2021 | Third Point LLC | $14.8bn | 13F-HR | |
| Q4 2020 | Third Point LLC | $13.0bn | 13F-HR | |
| Q3 2020 | Third Point LLC | $10.0bn | 13F-HR | |
| Q2 2020 | Third Point LLC | $7.3bn | 13F-HR | |
| Q1 2020 | Third Point LLC | $6.3bn | 13F-HR | |
| Q4 2019 | Third Point LLC | $8.7bn | 13F-HR | |
| Q3 2019 | Third Point LLC | $8.4bn | 13F-HR | |
| Q2 2019 | Third Point LLC | $8.5bn | 13F-HR | |
| Q1 2019 | Third Point LLC | $9.0bn | 13F-HR | |
| Q4 2018 | Third Point LLC | $6.5bn | 13F-HR | |
| Q3 2018 | Third Point LLC | $14.3bn | 13F-HR | |
| Q2 2018 | Third Point LLC | $14.4bn | 13F-HR | |
| Q1 2018 | Third Point LLC | $13.3bn | 13F-HR | |
| Q4 2017 | Third Point LLC | $13.9bn | 13F-HR | |
| Q3 2017 | Third Point LLC | $11.9bn | 13F-HR | |
| Q2 2017 | Third Point LLC | $11.3bn | 13F-HR | |
| Q1 2017 | Third Point LLC | $10.2bn | 13F-HR | |
| Q4 2016 | Third Point LLC | $10.2bn | 13F-HR | |
| Q3 2016 | Third Point LLC | $11.5bn | 13F-HR | |
| Q2 2016 | Third Point LLC | $10.5bn | 13F-HR | |
| Q1 2016 | Third Point LLC | $10.9bn | 13F-HR | |
| Q4 2015 | Third Point LLC | $9.9bn | 13F-HR | |
| Q3 2015 | Third Point LLC | $10.6bn | 13F-HR | |
| Q2 2015 | Third Point LLC | $10.7bn | 13F-HR | |
| Q1 2015 | Third Point LLC | $10.8bn | 13F-HR | |
| Q4 2014 | Third Point LLC | $11.1bn | 13F-HR | |
| Q3 2014 | Third Point LLC | $8.7bn | 13F-HR | |
| Q2 2014 | Third Point LLC | $8.1bn | 13F-HR | |
| Q1 2014 | Third Point LLC | $6.8bn | 13F-HR | |
| Q4 2013 | Third Point LLC | $5.8bn | 13F-HR | |
| Q3 2013 | Third Point LLC | $4.1bn | 13F-HR | |
| Q2 2013 | Third Point LLC | $4.4bn | 13F-HR |
Reading this record
A 13F lists US-listed long equity and options at the quarter end, filed up to 45 days later. It shows what was held, not when it was bought or at what price, and nothing short. Where a quarter lists only the largest positions, a name missing from it may still be held below that range; the counts of what was opened and sold always cover the whole filing.
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