Daniel Loeb - Third Point 13F Activity & Position Changes (Q4 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 Dec 31, 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 Q4 2014, the filing reported:

New Buys - American International Group, I, Citigroup, Inc., Delta Air Lines, Inc., Green Brick Partners, Inc., Mohawk Industries, Inc., and 2 more

Increases - American Airlines Group, Inc., Amgen Inc., Alibaba Group Holding Limited, Anheuser-Busch Inbev SA Sponsor, eBay Inc., and 2 more

Reductions - Ally Financial Inc., CF Industries Holdings, Inc., Moelis & Company, Constellation Brands, Inc.

Complete Exits - Crown Holdings, Inc., EQT Corporation, FedEx Corporation, H&R Block, Inc., Cheniere Energy, Inc., 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
Q4 2014	AAL American Airlines Group, Inc.	American Airlines Group, Inc.	Buy	+1,000,000	+36.4%	$201.11K	3,750,000
Q4 2014	AIG American International Group, I	American International Group, I	Buy - Position Entry	+3,500,000	-	$196.03K	3,500,000
Q4 2014	ALLY Ally Financial Inc.	Ally Financial Inc.	Sell	-11,915,000	-28.4%	$708.60K	30,000,000
Q4 2014	AMGN Amgen Inc.	Amgen Inc.	Buy	+9,350,000	+705.7%	$1.70M	10,675,000
Q4 2014	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+2,800,000	+38.9%	$1.04M	10,000,000
Q4 2014	BUD Anheuser-Busch Inbev SA Sponsor	Anheuser-Busch Inbev SA Sponsor	Buy	+250,000	+12.5%	$252.72K	2,250,000
Q4 2014	C Citigroup, Inc.	Citigroup, Inc.	Buy - Position Entry	+5,000,000	-	$270.55K	5,000,000
Q4 2014	CCK Crown Holdings, Inc.	Crown Holdings, Inc.	Sell - Position Exit	-1,400,000	-100.0%	$0.00	-
Q4 2014	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Sell	-110,000	-14.5%	$177.15K	650,000
Q4 2014	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Buy - Position Entry	+3,850,000	-	$189.38K	3,850,000
Q4 2014	EBAY eBay Inc.	eBay Inc.	Buy	+5,500,000	+122.2%	$561.20K	10,000,000
Q4 2014	EQT EQT Corporation	EQT Corporation	Sell - Position Exit	-1,500,000	-100.0%	$0.00	-
Q4 2014	FDX FedEx Corporation	FedEx Corporation	Sell - Position Exit	-750,000	-100.0%	$0.00	-
Q4 2014	GRBK Green Brick Partners, Inc.	Green Brick Partners, Inc.	Buy - Position Entry	+5,242,124	-	$42.98K	5,242,124
Q4 2014	HRB H&R Block, Inc.	H&R Block, Inc.	Sell - Position Exit	-4,448,000	-100.0%	$0.00	-
Q4 2014	LNG Cheniere Energy, Inc.	Cheniere Energy, Inc.	Sell - Position Exit	-800,000	-100.0%	$0.00	-
Q4 2014	MAS Masco Corporation	Masco Corporation	Buy	+1,900,000	+23.5%	$252.00K	10,000,000
Q4 2014	MC Moelis & Company	Moelis & Company	Sell	-170,521	-50.0%	$5.78K	170,523
Q4 2014	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Buy - Position Entry	+650,000	-	$100.98K	650,000
Q4 2014	PH Parker-Hannifin Corporation	Parker-Hannifin Corporation	Sell - Position Exit	-1,288,300	-100.0%	$0.00	-
Q4 2014	PSX Phillips 66	Phillips 66	Buy - Position Entry	+5,000,000	-	$358.50K	5,000,000
Q4 2014	SPY SPDR S&P 500	SPDR S&P 500	Buy - Position Entry	+500,000	-	$102.77K	500,000
Q4 2014	STZ Constellation Brands, Inc.	Constellation Brands, Inc.	Sell	-100,000	-4.8%	$196.34K	2,000,000
Q4 2014	TAP Molson Coors Beverage Company	Molson Coors Beverage Company	Sell - Position Exit	-500,000	-100.0%	$0.00	-
Q4 2014	WMB Williams Companies, Inc. (The)	Williams Companies, Inc. (The)	Buy	+2,500,000	+166.7%	$179.76K	4,000,000
Q4 2014	YPF YPF Sociedad Anonima	YPF Sociedad Anonima	Sell - Position Exit	-3,750,000	-100.0%	$0.00	-