Daniel Loeb - Third Point 13F Activity & Position Changes (Q3 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 Sep 30, 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 Q3 2015, the filing reported:

New Buys - Danaher Corporation, The Kraft Heinz Company

Increases - Amgen Inc., Baxter International Inc., eBay Inc., Roper Technologies, Inc., Sealed Air Corporation, and 2 more

Reductions - Anheuser-Busch Inbev SA Sponsor, Mohawk Industries, Inc., NXP Semiconductors, The J.M. Smucker Company, Constellation Brands, Inc.

Complete Exits - American International Group, I, Ally Financial Inc., Delta Air Lines, Inc., Devon Energy Corporation, FedEx Corporation, and 5 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
Q3 2015	AIG American International Group, I	American International Group, I	Sell - Position Exit	-3,500,000	-100.0%	$0.00	-
Q3 2015	ALLY Ally Financial Inc.	Ally Financial Inc.	Sell - Position Exit	-10,000,000	-100.0%	$0.00	-
Q3 2015	AMGN Amgen Inc.	Amgen Inc.	Buy	+850,000	+9.4%	$1.36M	9,850,000
Q3 2015	BAX Baxter International Inc.	Baxter International Inc.	Buy	+49,900,000	+1263.3%	$1.77M	53,850,000
Q3 2015	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Sell	-350,000	-20.0%	$148.85K	1,400,000
Q3 2015	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell - Position Exit	-2,750,000	-100.0%	$0.00	-
Q3 2015	DHR Danaher Corporation	Danaher Corporation	Buy - Position Entry	+2,250,000	-	$191.72K	2,250,000
Q3 2015	DVN Devon Energy Corporation	Devon Energy Corporation	Sell - Position Exit	-3,750,000	-100.0%	$0.00	-
Q3 2015	EBAY eBay Inc.	eBay Inc.	Buy	+1,000,000	+12.5%	$219.96K	9,000,000
Q3 2015	FDX FedEx Corporation	FedEx Corporation	Sell - Position Exit	-1,000,000	-100.0%	$0.00	-
Q3 2015	G97822103 Perrigo	Perrigo	Sell - Position Exit	-600,000	-100.0%	$0.00	-
Q3 2015	KHC The Kraft Heinz Company	The Kraft Heinz Company	Buy - Position Entry	+8,250,000	-	$582.28K	8,250,000
Q3 2015	MAS Masco Corporation	Masco Corporation	Sell - Position Exit	-5,000,000	-100.0%	$0.00	-
Q3 2015	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Sell	-250,000	-10.4%	$390.85K	2,150,000
Q3 2015	N6596X109 NXP Semiconductors	NXP Semiconductors	Sell	-150,000	-7.1%	$169.79K	1,950,000
Q3 2015	NOK Nokia Corporation Sponsored	Nokia Corporation Sponsored	Sell - Position Exit	-3,000,000	-100.0%	$0.00	-
Q3 2015	PSX Phillips 66	Phillips 66	Sell - Position Exit	-3,250,000	-100.0%	$0.00	-
Q3 2015	ROP Roper Technologies, Inc.	Roper Technologies, Inc.	Buy	+100,000	+6.7%	$250.72K	1,600,000
Q3 2015	SEE Sealed Air Corporation	Sealed Air Corporation	Buy	+400,000	+8.2%	$246.12K	5,250,000
Q3 2015	SJM The J.M. Smucker Company	The J.M. Smucker Company	Sell	-150,000	-10.3%	$148.32K	1,300,000
Q3 2015	STZ Constellation Brands, Inc.	Constellation Brands, Inc.	Sell	-150,000	-7.9%	$219.12K	1,750,000
Q3 2015	TAP Molson Coors Beverage Company	Molson Coors Beverage Company	Buy	+1,150,000	+115.0%	$178.49K	2,150,000
Q3 2015	WMB Williams Companies, Inc. (The)	Williams Companies, Inc. (The)	Sell - Position Exit	-1,500,000	-100.0%	$0.00	-
Q3 2015	YUM Yum! Brands, Inc.	Yum! Brands, Inc.	Buy	+8,025,000	+224.5%	$927.42K	11,600,000