Daniel Loeb – Third Point Portfolio Activity & Recent Trades (Dec 31, 2025)
As of Dec 31, 2025, the Third Point portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 17, 2026. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.
During Q4 2025, the filing reported:
New Buys – Claritev, APi Group Corporation, Alibaba Group Holding Limited, Constellation Energy Corporatio, Chipotle Mexican Grill, Inc., and 6 more
Increases – Bausch Health Companies Inc., Brookfield Corporation, CRH, CoStar Group, Inc., Danaher Corporation, and 7 more
Reductions – Amazon.com, Inc., Caseys General Stores, Inc., Capital One Financial Corporati, Carpenter Technology Corporatio, Comfort Systems USA, Inc., and 8 more
Complete Exits – Primo Brands, Apollo Global Management, Inc. , Apollo Global, Mr. Cooper Group Inc., Core Scientific, Inc., and 6 more
These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.
| Date | Symbol | Name | Type | Change Qty | % Change | Value | Remaining |
|---|---|---|---|---|---|---|---|
Q4 2025 | 62548M209 Claritev | Claritev | Buy - Position Entry | +145,000 | - | $6.20M | 145,000 |
Q4 2025 | 741623102 Primo Brands | Primo Brands | Sell - Position Exit | -5,775,000 | -100.0% | $0.00 | - |
Q4 2025 | AMZN Amazon.com, Inc. | Amazon.com, Inc. | Sell | -645,000 | -23.0% | $499.73M | 2,165,000 |
Q4 2025 | APG APi Group Corporation | APi Group Corporation | Buy - Position Entry | +3,000,000 | - | $114.78M | 3,000,000 |
Q4 2025 | APO Apollo Global Management, Inc. | Apollo Global Management, Inc. | Sell - Position Exit | -650,000 | -100.0% | $0.00 | - |
Q4 2025 | APO-A Apollo Global | Apollo Global | Sell - Position Exit | -900,000 | -100.0% | $0.00 | - |
Q4 2025 | BABA Alibaba Group Holding Limited | Alibaba Group Holding Limited | Buy - Position Entry | +825,000 | - | $120.93M | 825,000 |
Q4 2025 | BHC Bausch Health Companies Inc. | Bausch Health Companies Inc. | Buy | +250,000 | +250.0% | $2.43M | 350,000 |
Q4 2025 | BN Brookfield Corporation | Brookfield Corporation | Buy | +1,525,000 | +32.6% | $284.52M | 6,200,000 |
Q4 2025 | CASY Caseys General Stores, Inc. | Caseys General Stores, Inc. | Sell | -45,000 | -9.0% | $251.48M | 455,000 |
Q4 2025 | CEG Constellation Energy Corporatio | Constellation Energy Corporatio | Buy - Position Entry | +475,000 | - | $167.80M | 475,000 |
Q4 2025 | CMG Chipotle Mexican Grill, Inc. | Chipotle Mexican Grill, Inc. | Buy - Position Entry | +4,725,000 | - | $174.82M | 4,725,000 |
Q4 2025 | COF Capital One Financial Corporati | Capital One Financial Corporati | Sell | -285,000 | -20.6% | $266.60M | 1,100,000 |
Q4 2025 | COOP Mr. Cooper Group Inc. | Mr. Cooper Group Inc. | Sell - Position Exit | -925,000 | -100.0% | $0.00 | - |
Q4 2025 | CORZ Core Scientific, Inc. | Core Scientific, Inc. | Sell - Position Exit | -3,000,000 | -100.0% | $0.00 | - |
Q4 2025 | CRH CRH | CRH | Buy | +435,000 | +20.1% | $324.48M | 2,600,000 |
Q4 2025 | CRS Carpenter Technology Corporatio | Carpenter Technology Corporatio | Sell | -65,000 | -7.6% | $247.15M | 785,000 |
Q4 2025 | CSGP CoStar Group, Inc. | CoStar Group, Inc. | Buy | +148,000 | +4.9% | $212.81M | 3,165,000 |
Q4 2025 | CSX CSX Corporation | CSX Corporation | Buy - Position Entry | +500,000 | - | $18.13M | 500,000 |
Q4 2025 | CYH Community Health Systems, Inc. | Community Health Systems, Inc. | Sell - Position Exit | -150,000 | -100.0% | $0.00 | - |
Q4 2025 | DHR Danaher Corporation | Danaher Corporation | Buy | +550,000 | +1100.0% | $137.35M | 600,000 |
Q4 2025 | FIX Comfort Systems USA, Inc. | Comfort Systems USA, Inc. | Sell | -95,000 | -47.5% | $98.00M | 105,000 |
Q4 2025 | FLUT Flutter Entertainment | Flutter Entertainment | Sell - Position Exit | -1,120,000 | -100.0% | $0.00 | - |
Q4 2025 | FND Floor & Decor Holdings, Inc. | Floor & Decor Holdings, Inc. | Sell - Position Exit | -1,330,000 | -100.0% | $0.00 | - |
Q4 2025 | J Jacobs Solutions Inc. | Jacobs Solutions Inc. | Sell - Position Exit | -915,000 | -100.0% | $0.00 | - |
Q4 2025 | KVUE Kenvue Inc. | Kenvue Inc. | Sell | -5,750,000 | -63.9% | $56.06M | 3,250,000 |
Q4 2025 | LPLA LPL Financial Holdings Inc. | LPL Financial Holdings Inc. | Sell | -84,143 | -14.2% | $182.16M | 510,000 |
Q4 2025 | LYV Live Nation Entertainment, Inc. | Live Nation Entertainment, Inc. | Buy | +375,000 | +27.8% | $245.81M | 1,725,000 |
Q4 2025 | META Meta Platforms, Inc. | Meta Platforms, Inc. | Sell - Position Exit | -220,000 | -100.0% | $0.00 | - |
Q4 2025 | MSFT Microsoft Corporation | Microsoft Corporation | Sell | -175,000 | -15.9% | $447.35M | 925,000 |