Daniel Loeb - Third Point 13F Activity & Position Changes (Q1 2015)

According to the SEC 13F filed on Aug 14, 2026, the Third Point portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2015. 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 Q1 2015, the filing reported:

New Buys - Energy Transfer LP, FedEx Corporation, JD.com, Inc., McKesson Corporation, NXP Semiconductors, and 2 more

Increases - Delta Air Lines, Inc., Mohawk Industries, Inc., Roper Technologies, Inc.

Reductions - Ally Financial Inc., Amgen Inc., Anheuser-Busch Inbev SA Sponsor, eBay Inc., Phillips 66

Complete Exits - American Airlines Group, Inc., Alibaba Group Holding Limited, Citigroup, Inc., CF Industries Holdings, Inc., SPDR S&P 500, and 1 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
Q1 2015	AAL American Airlines Group, Inc.	American Airlines Group, Inc.	Sell - Position Exit	-3,750,000	-100.0%	$0.00	-
Q1 2015	ALLY Ally Financial Inc.	Ally Financial Inc.	Sell	-4,000,000	-13.3%	$545.48K	26,000,000
Q1 2015	AMGN Amgen Inc.	Amgen Inc.	Sell	-675,000	-6.3%	$1.60M	10,000,000
Q1 2015	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell - Position Exit	-10,000,000	-100.0%	$0.00	-
Q1 2015	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Sell	-250,000	-11.1%	$243.82K	2,000,000
Q1 2015	C Citigroup, Inc.	Citigroup, Inc.	Sell - Position Exit	-5,000,000	-100.0%	$0.00	-
Q1 2015	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Sell - Position Exit	-650,000	-100.0%	$0.00	-
Q1 2015	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Buy	+1,400,000	+36.4%	$236.04K	5,250,000
Q1 2015	EBAY eBay Inc.	eBay Inc.	Sell	-1,000,000	-10.0%	$519.12K	9,000,000
Q1 2015	ET Energy Transfer LP	Energy Transfer LP	Buy - Position Entry	+270,000	-	$17.11K	270,000
Q1 2015	FDX FedEx Corporation	FedEx Corporation	Buy - Position Entry	+900,000	-	$148.91K	900,000
Q1 2015	JD JD.com, Inc.	JD.com, Inc.	Buy - Position Entry	+89,626	-	$2.63K	89,626
Q1 2015	MCK McKesson Corporation	McKesson Corporation	Buy - Position Entry	+625,600	-	$141.51K	625,600
Q1 2015	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Buy	+1,175,000	+180.8%	$338.99K	1,825,000
Q1 2015	N6596X109 NXP Semiconductors	NXP Semiconductors	Buy - Position Entry	+1,593,200	-	$159.89K	1,593,200
Q1 2015	PSX Phillips 66	Phillips 66	Sell	-1,000,000	-20.0%	$314.40K	4,000,000
Q1 2015	ROP Roper Technologies, Inc.	Roper Technologies, Inc.	Buy	+300,000	+23.1%	$275.20K	1,600,000
Q1 2015	SJM The J.M. Smucker Company	The J.M. Smucker Company	Buy - Position Entry	+1,150,000	-	$133.09K	1,150,000
Q1 2015	SPY SPDR S&P 500	SPDR S&P 500	Sell - Position Exit	-500,000	-100.0%	$0.00	-
Q1 2015	WMB Williams Companies, Inc. (The)	Williams Companies, Inc. (The)	Sell - Position Exit	-4,000,000	-100.0%	$0.00	-
Q1 2015	YUM Yum! Brands, Inc.	Yum! Brands, Inc.	Buy - Position Entry	+3,300,000	-	$259.78K	3,300,000