Daniel Loeb - Third Point Portfolio (Q1 2026)

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Third Point, Daniel Loeb, has built a diversified portfolio of 33 publicly traded holdings with a total market value of $2.1B as of Mar 31, 2026. This comprehensive analysis examines the latest 13F filing data to understand the investment strategy and recent portfolio adjustments.

The portfolio demonstrates a concentrated approach to stock selection, with the top holding representing 19.4% of the total portfolio value. The top 5 holdings account for 56.3% of the overall portfolio allocation.

Recent portfolio activity shows 10 significant position adjustments, indicating active portfolio management and strategic repositioning. These changes reflect the investor's response to market conditions and evolving investment thesis.

Portfolio Statistics

33
Total Holdings
$2.1B
Portfolio Value
Mar 31, 2026
Latest Filing
19.4%
Largest Position

Top Holdings Analysis

The portfolio's top holdings reveal the investor's core investment thesis and sector preferences. The largest position in AMAZON COM INC (AMZN) represents 19.4% of the total portfolio, valued at $404.0M.

Rank Symbol Company Value Portfolio % Change
1 AMZN AMAZON COM INC $404.0M 19.4% -10.4%
2 TDS TELEPHONE & DATA SYS INC $277.9M 13.3% -1.1%
3 CRH CRH PLC $199.7M 9.6% -26.9%
4 TPX SOMNIGROUP INTERNATIONAL INC $167.9M 8.1% -33.2%
5 CRS CARPENTER TECHNOLOGY CORP $122.2M 5.9% -60.5%

For a complete analysis of all holdings and detailed portfolio breakdown by sector and market cap, visit our comprehensive holdings page.

Recent Portfolio Activity

Recent portfolio adjustments provide insights into the investor's evolving strategy and market outlook. The following table shows the top 10 most significant position changes from recent reporting periods (out of 170 total transactions), sorted by the magnitude of change.

For a complete history of all portfolio transactions and detailed activity analysis, visit our comprehensive activity page.

Symbol Company Quantity Change Date Action
PCG Pacific Gas & Electric Co. -34,300,000 Mar 31, 2026 SELL
RKT Rocket Companies, Inc. -9,515,000 Mar 31, 2026 SELL
BN Brookfield Corporation -6,200,000 Mar 31, 2026 SELL
CMG Chipotle Mexican Grill, Inc. -4,725,000 Mar 31, 2026 SELL
KVUE Kenvue Inc. -3,250,000 Mar 31, 2026 SELL
CSGP CoStar Group, Inc. -3,165,000 Mar 31, 2026 SELL
NVDA NVIDIA Corporation -2,760,000 Mar 31, 2026 SELL
UNP Union Pacific Corporation -1,710,000 Mar 31, 2026 SELL
LYV Live Nation Entertainment, Inc. -1,260,000 Mar 31, 2026 SELL
TPX Tempur Sealy International, Inc -1,129,231 Mar 31, 2026 SELL

Options Activity

Options trading activity provides insights into the investor's derivative strategies and hedging approaches. The following table shows options positions from the latest reporting period, sorted by notional value.

Symbol Company Type Contracts Notional Value Date
SPY SPDR S&P 500 PUT 875,000 $582.9M Sep 30, 2025
KVUE Kenvue Inc. CALL 1,500,000 $24.3M Sep 30, 2025

Note: Notional value represents the total exposure value of the options position. For a complete analysis of all options strategies and historical options activity, visit our comprehensive options page.

Investment Strategy Insights

Third Point's investment approach can be analyzed through several key metrics. The portfolio's concentration in top holdings suggests a high-conviction investment strategy, with significant positions in companies that align with the investor's long-term thesis.

The largest position in AMAZON COM INC (AMZN) demonstrates strong conviction in this particular investment opportunity. Recent activity shows a decrease of 10.4% in this position, indicating active portfolio management and strategic positioning.

Portfolio turnover can be assessed through recent activity patterns. The 10 most significant transactions shown here (out of 170 total transactions) suggest a highly active approach to portfolio management, with frequent strategic adjustments and position changes.

Additional Analysis

Third Point's portfolio as of Mar 31, 2026 reflects a strategic approach to equity investing with 33 holdings valued at $2.1B. The concentrated position in AMAZON COM INC and other top holdings demonstrates the investor's confidence in specific investment themes and long-term value creation opportunities. Recent activity indicates ongoing portfolio optimization and strategic repositioning.

For the most current portfolio data and detailed analysis, refer to the latest SEC 13F filings and our comprehensive holdings and activity pages, which are updated regularly with the latest filing information.

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