Daniel Loeb's Third Point Portfolio Shows Mixed Quarterly Performance

Daniel Loeb's Third Point portfolio, valued at approximately $7.26 billion as of December 31, 2025, displayed mixed quarterly trends. The analysis of top holdings reveals both significant reductions and substantial increases in specific positions.

Notably, Loeb reduced his position in PGE Corporation (PG&E CORP) significantly, decreasing shares by 31.54% to 34.3 million shares, valued at $551.2 million, representing 7.58% of the portfolio. The position in Microsoft Corporation (MSFT) also saw a substantial decrease, with a 15.91% reduction in shares, now holding 9.25 million shares worth $447.3 million (6.15% allocation).

Conversely, Loeb significantly increased his stake in Union Pacific Corporation (UNP), adding 106.86% more shares, bringing the total to 1.81 million shares valued at $418.7 million (5.76% allocation). Similarly, the position in Brookfield Corporation (BN) grew by 32.62%, increasing shares to 6.2 million, now worth $284.5 million (3.91% allocation).

Other notable changes include a 22.95% reduction in Amazon.com Inc. (AMZN), a 20.09% increase in CRH PLC (CRH), a 13.33% increase in Somnigroup International Inc. (TPX), and a smaller decrease of 0.48% in Telephone & Data Systems Inc. (TDS).

For more detailed information on Daniel Loeb or these specific investments, please visit Daniel Loeb's profile and the respective company profiles: PG&E CORP, NVIDIA CORPORATION, AMAZON COM INC, MICROSOFT CORP, UNION PAC CORP, CRH PLC, SOMNIGROUP INTERNATIONAL INC, BROOKFIELD CORP, NORFOLK SOUTHN CORP, and TELEPHONE & DATA SYS INC.