Daniel Loeb - Third Point 13F Activity & Position Changes (Q4 2017)

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, 2017. 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 2017, the filing reported:

New Buys - General Dynamics Corporation, Intercontinental Exchange Inc., Lennar Corporation, MGM Resorts International, Netflix, Inc., and 4 more

Increases - Danaher Corporation, Grupo Financiero Galicia S.A., Alphabet Inc., Mohawk Industries, Inc., Pampa Energia S.A., and 2 more

Reductions - Alibaba Group Holding Limited, Baxter International Inc., Elevance Health, Inc., Macerich Company (The), NXP Semiconductors

Complete Exits - Bank of America Corporation, Banco Macro S.A., Marathon Petroleum Corporation, T-Mobile US, Inc.

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 2017	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Sell	-600,000	-9.1%	$1.03M	6,000,000
Q4 2017	BAC Bank of America Corporation	Bank of America Corporation	Sell - Position Exit	-12,250,000	-100.0%	$0.00	-
Q4 2017	BAX Baxter International Inc.	Baxter International Inc.	Sell	-5,000,000	-12.2%	$2.33M	36,000,000
Q4 2017	BMA Banco Macro S.A.	Banco Macro S.A.	Sell - Position Exit	-875,000	-100.0%	$0.00	-
Q4 2017	DHR Danaher Corporation	Danaher Corporation	Buy	+10,000	+0.3%	$307.23K	3,310,000
Q4 2017	ELV Elevance Health, Inc.	Elevance Health, Inc.	Sell	-875,000	-70.0%	$84.38K	375,000
Q4 2017	GD General Dynamics Corporation	General Dynamics Corporation	Buy - Position Entry	+550,000	-	$111.90K	550,000
Q4 2017	GGAL Grupo Financiero Galicia S.A.	Grupo Financiero Galicia S.A.	Buy	+150,000	+9.0%	$120.18K	1,825,000
Q4 2017	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+375,000	+119.0%	$726.85K	690,000
Q4 2017	ICE Intercontinental Exchange Inc.	Intercontinental Exchange Inc.	Buy - Position Entry	+5,500,000	-	$388.08K	5,500,000
Q4 2017	LEN Lennar Corporation	Lennar Corporation	Buy - Position Entry	+5,300,000	-	$335.17K	5,300,000
Q4 2017	MAC Macerich Company (The)	Macerich Company (The)	Sell	-301,000	-17.4%	$93.59K	1,425,000
Q4 2017	MGM MGM Resorts International	MGM Resorts International	Buy - Position Entry	+3,000,000	-	$100.17K	3,000,000
Q4 2017	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Buy	+100,000	+11.1%	$275.90K	1,000,000
Q4 2017	MPC Marathon Petroleum Corporation	Marathon Petroleum Corporation	Sell - Position Exit	-2,750,000	-100.0%	$0.00	-
Q4 2017	N6596X109 NXP Semiconductors	NXP Semiconductors	Sell	-550,000	-20.4%	$251.74K	2,150,000
Q4 2017	NFLX Netflix, Inc.	Netflix, Inc.	Buy - Position Entry	+2,000,000	-	$383.92K	2,000,000
Q4 2017	PAM Pampa Energia S.A.	Pampa Energia S.A.	Buy	+1,540,000	+1811.8%	$109.33K	1,625,000
Q4 2017	PCG Pacific Gas & Electric Co.	Pacific Gas & Electric Co.	Buy - Position Entry	+1,250,000	-	$56.04K	1,250,000
Q4 2017	SHY iShares 1-3 Year Treasury Bond	iShares 1-3 Year Treasury Bond	Buy - Position Entry	+9,995	-	$838.00	9,995
Q4 2017	SPGI S&P Global Inc.	S&P Global Inc.	Buy	+550,000	+44.0%	$304.92K	1,800,000
Q4 2017	SWN		Buy - Position Entry	+15,000,000	-	$83.70K	15,000,000
Q4 2017	TMUS T-Mobile US, Inc.	T-Mobile US, Inc.	Sell - Position Exit	-3,850,000	-100.0%	$0.00	-
Q4 2017	VMC Vulcan Materials Company (Holdi	Vulcan Materials Company (Holdi	Buy	+250,000	+10.6%	$333.76K	2,600,000
Q4 2017	XRAY DENTSPLY SIRONA Inc.	DENTSPLY SIRONA Inc.	Buy - Position Entry	+2,000,000	-	$131.66K	2,000,000