Daniel Loeb - Third Point 13F Activity & Position Changes (Q2 2014)

According to the SEC 13F filed on Aug 14, 2026, the Third Point portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2014. 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 Q2 2014, the filing reported:

New Buys - Ally Financial Inc., Amgen Inc., FMC Corporation, Moelis & Company, Owens Corning Inc

Increases - Anheuser-Busch Inbev SA Sponsor, Dollar General Corporation, H&R Block, Inc., Masco Corporation, Roper Technologies, Inc., and 2 more

Reductions - American Airlines Group, Inc., CF Industries Holdings, Inc., EQT Corporation, FedEx Corporation, Cheniere Energy, Inc., and 2 more

Complete Exits - Baidu, Inc., Citigroup, Inc., Crown Holdings, Inc., Coterra Energy Inc., International Paper Company, and 4 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
Q2 2014	AAL American Airlines Group, Inc.	American Airlines Group, Inc.	Sell	-575,001	-21.3%	$91.29K	2,125,000
Q2 2014	ALLY Ally Financial Inc.	Ally Financial Inc.	Buy - Position Entry	+45,595,000	-	$1.09M	45,595,000
Q2 2014	AMGN Amgen Inc.	Amgen Inc.	Buy - Position Entry	+450,000	-	$53.27K	450,000
Q2 2014	BIDU Baidu, Inc.	Baidu, Inc.	Sell - Position Exit	-350,000	-100.0%	$0.00	-
Q2 2014	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Buy	+400,000	+29.6%	$201.15K	1,750,000
Q2 2014	C Citigroup, Inc.	Citigroup, Inc.	Sell - Position Exit	-2,000,000	-100.0%	$0.00	-
Q2 2014	CCK Crown Holdings, Inc.	Crown Holdings, Inc.	Sell - Position Exit	-3,000,000	-100.0%	$0.00	-
Q2 2014	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Sell	-61,500	-6.4%	$217.68K	905,000
Q2 2014	CTRA Coterra Energy Inc.	Coterra Energy Inc.	Sell - Position Exit	-4,500,000	-100.0%	$0.00	-
Q2 2014	DG Dollar General Corporation	Dollar General Corporation	Buy	+1,000,000	+33.3%	$229.44K	4,000,000
Q2 2014	EQT EQT Corporation	EQT Corporation	Sell	-570,000	-63.3%	$35.28K	330,000
Q2 2014	FDX FedEx Corporation	FedEx Corporation	Sell	-1,000,000	-50.0%	$151.38K	1,000,000
Q2 2014	FMC FMC Corporation	FMC Corporation	Buy - Position Entry	+1,550,000	-	$110.34K	1,550,000
Q2 2014	HRB H&R Block, Inc.	H&R Block, Inc.	Buy	+800,000	+22.9%	$144.14K	4,300,000
Q2 2014	IP International Paper Company	International Paper Company	Sell - Position Exit	-3,000,000	-100.0%	$0.00	-
Q2 2014	LNG Cheniere Energy, Inc.	Cheniere Energy, Inc.	Sell	-750,000	-25.0%	$161.32K	2,250,000
Q2 2014	MAS Masco Corporation	Masco Corporation	Buy	+3,750,000	+78.9%	$188.70K	8,500,000
Q2 2014	MC Moelis & Company	Moelis & Company	Buy - Position Entry	+341,044	-	$10.84K	341,044
Q2 2014	MDLZ Mondelez International, Inc.	Mondelez International, Inc.	Sell - Position Exit	-1,500,000	-100.0%	$0.00	-
Q2 2014	NOK Nokia Corporation Sponsored	Nokia Corporation Sponsored	Sell - Position Exit	-4,500,000	-100.0%	$0.00	-
Q2 2014	OC Owens Corning Inc	Owens Corning Inc	Buy - Position Entry	+473,000	-	$18.30K	473,000
Q2 2014	ROP Roper Technologies, Inc.	Roper Technologies, Inc.	Buy	+150,000	+13.0%	$189.81K	1,300,000
Q2 2014	STZ Constellation Brands, Inc.	Constellation Brands, Inc.	Buy	+250,000	+12.8%	$193.89K	2,200,000
Q2 2014	TMUS T-Mobile US, Inc.	T-Mobile US, Inc.	Sell	-1,500,000	-15.8%	$268.96K	8,000,000
Q2 2014	VYX NCR Voyix Corporation	NCR Voyix Corporation	Sell - Position Exit	-1,500,000	-100.0%	$0.00	-
Q2 2014	VZ Verizon Communications Inc.	Verizon Communications Inc.	Sell - Position Exit	-3,500,000	-100.0%	$0.00	-
Q2 2014	WMB Williams Companies, Inc. (The)	Williams Companies, Inc. (The)	Sell	-1,250,000	-25.0%	$218.29K	3,750,000
Q2 2014	YPF YPF Sociedad Anonima	YPF Sociedad Anonima	Buy	+3,600,000	+135.8%	$204.25K	6,250,000