Daniel Loeb - Third Point 13F Activity & Position Changes (Q2 2025)

According to the SEC 13F filed on Aug 14, 2025, the Third Point portfolio showed several notable changes in holdings as of quarter-end Jun 30, 2025. 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 2025, the filing reported:

New Buys - Ategrity, Claritev, Ardent Health, Mr. Cooper Group Inc., Danaher Corporation, and 11 more

Increases - Primo Brands, Amazon.com, Inc., Brookfield Corporation, Caseys General Stores, Inc., Capital One Financial Corporati, and 8 more

Reductions - Apollo Global Management, Inc. , CRH, Carpenter Technology Corporatio, Fortive Corporation, Intercontinental Exchange Inc., and 7 more

Complete Exits - Discover Financial Services, EQT Corporation, Seadrill, Hess Corporation, , and 3 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 2025	04681Y103 Ategrity	Ategrity	Buy - Position Entry	+50,000	-	$1.08M	50,000
Q2 2025	62548M209 Claritev	Claritev	Buy - Position Entry	+30,000	-	$1.35M	30,000
Q2 2025	741623102 Primo Brands	Primo Brands	Buy	+3,000,000	+108.1%	$171.06M	5,775,000
Q2 2025	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+360,000	+15.3%	$594.55M	2,710,000
Q2 2025	APO Apollo Global Management, Inc.	Apollo Global Management, Inc.	Sell	-225,000	-15.0%	$180.88M	1,275,000
Q2 2025	ARDT Ardent Health	Ardent Health	Buy - Position Entry	+75,000	-	$1.02M	75,000
Q2 2025	BN Brookfield Corporation	Brookfield Corporation	Buy	+435,000	+10.3%	$289.15M	4,675,000
Q2 2025	CASY Caseys General Stores, Inc.	Caseys General Stores, Inc.	Buy	+60,000	+20.0%	$183.70M	360,000
Q2 2025	COF Capital One Financial Corporati	Capital One Financial Corporati	Buy	+754,204	+71.8%	$383.86M	1,804,204
Q2 2025	COOP Mr. Cooper Group Inc.	Mr. Cooper Group Inc.	Buy - Position Entry	+925,000	-	$138.02M	925,000
Q2 2025	CPAY Corpay, Inc.	Corpay, Inc.	Buy	+75,000	+12.3%	$227.30M	685,000
Q2 2025	CRH CRH	CRH	Sell	-125,000	-4.6%	$237.76M	2,590,000
Q2 2025	CRS Carpenter Technology Corporatio	Carpenter Technology Corporatio	Sell	-120,000	-13.8%	$207.28M	750,000
Q2 2025	CSGP CoStar Group, Inc.	CoStar Group, Inc.	Buy	+1,110,000	+56.2%	$248.03M	3,085,000
Q2 2025	DFS Discover Financial Services	Discover Financial Services	Sell - Position Exit	-740,000	-100.0%	$0.00	-
Q2 2025	DHR Danaher Corporation	Danaher Corporation	Buy - Position Entry	+500,000	-	$98.77M	500,000
Q2 2025	DOCU DocuSign, Inc.	DocuSign, Inc.	Buy - Position Entry	+625,000	-	$48.68M	625,000
Q2 2025	EQT EQT Corporation	EQT Corporation	Sell - Position Exit	-2,950,000	-100.0%	$0.00	-
Q2 2025	FIX Comfort Systems USA, Inc.	Comfort Systems USA, Inc.	Buy - Position Entry	+185,000	-	$99.20M	185,000
Q2 2025	FLS Flowserve Corporation	Flowserve Corporation	Buy - Position Entry	+1,195,000	-	$62.56M	1,195,000
Q2 2025	FLUT Flutter Entertainment	Flutter Entertainment	Buy	+100,000	+10.3%	$305.76M	1,070,000
Q2 2025	FTV Fortive Corporation	Fortive Corporation	Sell	-740,000	-38.9%	$60.47M	1,160,000
Q2 2025	G7997W102 Seadrill	Seadrill	Sell - Position Exit	-1,025,000	-100.0%	$0.00	-
Q2 2025	GTLS Chart Industries, Inc.	Chart Industries, Inc.	Buy - Position Entry	+215,000	-	$35.40M	215,000
Q2 2025	HES Hess Corporation	Hess Corporation	Sell - Position Exit	-625,000	-100.0%	$0.00	-
Q2 2025	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell	-150,000	-13.6%	$174.30M	950,000
Q2 2025	J Jacobs Solutions Inc.	Jacobs Solutions Inc.	Sell	-136,000	-9.7%	$166.15M	1,264,000
Q2 2025	KVUE Kenvue Inc.	Kenvue Inc.	Sell	-375,000	-4.2%	$178.43M	8,525,000
Q2 2025	LYV Live Nation Entertainment, Inc.	Live Nation Entertainment, Inc.	Sell	-125,000	-6.0%	$298.78M	1,975,000
Q2 2025	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy - Position Entry	+150,000	-	$110.71M	150,000

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