Daniel Loeb - Third Point 13F Activity & Position Changes (Q3 2025)

As of Sep 30, 2025, the Third Point portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Nov 14, 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 Q3 2025, the filing reported:

New Buys - Bausch Health Companies Inc., Blade Air Mobility, Inc., Core Scientific, Inc., Community Health Systems, Inc., Floor & Decor Holdings, Inc., and 4 more

Increases - Amazon.com, Inc., Caseys General Stores, Inc., Carpenter Technology Corporatio, Comfort Systems USA, Inc., Flutter Entertainment, and 5 more

Reductions - Apollo Global Management, Inc. , Capital One Financial Corporati, CRH, CoStar Group, Inc., Danaher Corporation, and 9 more

Complete Exits - Ategrity, Claritev, Ardent Health, Corpay, Inc., DocuSign, Inc., and 11 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 2025	04681Y103 Ategrity	Ategrity	Sell - Position Exit	-50,000	-100.0%	$0.00	-
Q3 2025	62548M209 Claritev	Claritev	Sell - Position Exit	-30,000	-100.0%	$0.00	-
Q3 2025	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Buy	+100,000	+3.7%	$616.99M	2,810,000
Q3 2025	APO Apollo Global Management, Inc.	Apollo Global Management, Inc.	Sell	-625,000	-49.0%	$86.63M	650,000
Q3 2025	ARDT Ardent Health	Ardent Health	Sell - Position Exit	-75,000	-100.0%	$0.00	-
Q3 2025	BHC Bausch Health Companies Inc.	Bausch Health Companies Inc.	Buy - Position Entry	+100,000	-	$645.00K	100,000
Q3 2025	BLDE Blade Air Mobility, Inc.	Blade Air Mobility, Inc.	Buy - Position Entry	+5,000,000	-	$25.30M	5,000,000
Q3 2025	CASY Caseys General Stores, Inc.	Caseys General Stores, Inc.	Buy	+140,000	+38.9%	$282.66M	500,000
Q3 2025	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-419,204	-23.2%	$294.42M	1,385,000
Q3 2025	CORZ Core Scientific, Inc.	Core Scientific, Inc.	Buy - Position Entry	+3,000,000	-	$53.82M	3,000,000
Q3 2025	CPAY Corpay, Inc.	Corpay, Inc.	Sell - Position Exit	-685,000	-100.0%	$0.00	-
Q3 2025	CRH CRH	CRH	Sell	-425,000	-16.4%	$259.58M	2,165,000
Q3 2025	CRS Carpenter Technology Corporatio	Carpenter Technology Corporatio	Buy	+100,000	+13.3%	$208.71M	850,000
Q3 2025	CSGP CoStar Group, Inc.	CoStar Group, Inc.	Sell	-68,000	-2.2%	$254.54M	3,017,000
Q3 2025	CYH Community Health Systems, Inc.	Community Health Systems, Inc.	Buy - Position Entry	+150,000	-	$481.50K	150,000
Q3 2025	DHR Danaher Corporation	Danaher Corporation	Sell	-450,000	-90.0%	$9.91M	50,000
Q3 2025	DOCU DocuSign, Inc.	DocuSign, Inc.	Sell - Position Exit	-625,000	-100.0%	$0.00	-
Q3 2025	FIX Comfort Systems USA, Inc.	Comfort Systems USA, Inc.	Buy	+15,000	+8.1%	$165.04M	200,000
Q3 2025	FLS Flowserve Corporation	Flowserve Corporation	Sell - Position Exit	-1,195,000	-100.0%	$0.00	-
Q3 2025	FLUT Flutter Entertainment	Flutter Entertainment	Buy	+50,000	+4.7%	$284.48M	1,120,000
Q3 2025	FND Floor & Decor Holdings, Inc.	Floor & Decor Holdings, Inc.	Buy - Position Entry	+1,330,000	-	$98.02M	1,330,000
Q3 2025	FTV Fortive Corporation	Fortive Corporation	Sell - Position Exit	-1,160,000	-100.0%	$0.00	-
Q3 2025	GTLS Chart Industries, Inc.	Chart Industries, Inc.	Sell - Position Exit	-215,000	-100.0%	$0.00	-
Q3 2025	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Sell - Position Exit	-950,000	-100.0%	$0.00	-
Q3 2025	J Jacobs Solutions Inc.	Jacobs Solutions Inc.	Sell	-349,000	-27.6%	$137.12M	915,000
Q3 2025	KVUE Kenvue Inc.	Kenvue Inc.	Buy	+475,000	+5.6%	$146.07M	9,000,000
Q3 2025	LPLA LPL Financial Holdings Inc.	LPL Financial Holdings Inc.	Sell	-30,857	-4.9%	$197.67M	594,143
Q3 2025	LYV Live Nation Entertainment, Inc.	Live Nation Entertainment, Inc.	Sell	-625,000	-31.6%	$220.59M	1,350,000
Q3 2025	META Meta Platforms, Inc.	Meta Platforms, Inc.	Buy	+70,000	+46.7%	$161.56M	220,000
Q3 2025	MSFT Microsoft Corporation	Microsoft Corporation	Buy	+700,000	+175.0%	$569.75M	1,100,000

Page 1 of 2