Third Point 13F holdings, Q1 2023
Holdings as of March 31, 2023 · filings on SEC EDGAR · latest filing →
Third Point disclosed 46 US equity positions worth $6.1bn in its Q1 2023 13F filing. The largest position was PCG at 15.7% of the reported book, followed by CL and DHR. Against the Q4 2022 filing, it opened 14 new positions, added to 5 and reduced 4 among the top 46 holdings.
What did Third Point own in Q1 2023? Top 46 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2022 |
|---|---|---|---|---|---|---|---|
| 1 | PCG PG&E CORP | Utilities | 15.7% | $958.1m | 59,250,000 | 0% | held |
| 2 | CL COLGATE PALMOLIVE CO | Consumer Defensive | 13.6% | $830.4m | 11,050,000 | -4% | reduced |
| 3 | DHR DANAHER CORPORATION | Healthcare | 11.3% | $693.1m | 2,750,000 | 2% | added |
| 4 | BBWI BATH & BODY WORKS INC | Consumer Cyclical | 8.2% | $503.0m | 13,751,100 | 0% | held |
| 5 | GOOGL ALPHABET INC | Communication Services | 8.1% | $492.7m | 4,750,000 | – | new |
| 6 | MSFT MICROSOFT CORP | Technology | 5.0% | $302.7m | 1,050,000 | -11% | reduced |
| 7 | DD DUPONT DE NEMOURS INC | Basic Materials | 4.7% | $287.1m | 4,000,000 | 33% | added |
| 8 | IFF INTERNATIONAL FLAVORS&FRAGRA | Basic Materials | 3.8% | $234.5m | 2,550,000 | 11% | added |
| 9 | HCA HCA HEALTHCARE INC | Healthcare | 3.7% | $226.8m | 860,000 | – | new |
| 10 | FERGUSON PLC NEW | 2.8% | $170.5m | 1,275,000 | 38% | added | |
| 11 | CRM SALESFORCE INC | Technology | 2.6% | $159.8m | 800,000 | – | new |
| 12 | UNH UNITEDHEALTH GROUP INC | Healthcare | 2.6% | $158.3m | 335,000 | -50% | reduced |
| 13 | AIG AMERICAN INTL GROUP INC | Financial Services | 2.4% | $148.6m | 2,950,000 | -42% | reduced |
| 14 | BABA ALIBABA GROUP HLDG LTD | Consumer Cyclical | 2.2% | $135.5m | 1,326,450 | – | new |
| 15 | NATIONAL INSTRS CORP | 1.7% | $104.8m | 2,000,000 | – | new | |
| 16 | HTZ HERTZ GLOBAL HLDGS INC | Industrials | 1.7% | $103.4m | 6,350,000 | 19% | added |
| 17 | AMD ADVANCED MICRO DEVICES INC | Technology | 1.6% | $98.0m | 1,000,000 | – | new |
| 18 | WCC WESCO INTL INC | Industrials | 1.2% | $73.1m | 472,968 | – | new |
| 19 | MU MICRON TECHNOLOGY INC | Technology | 1.2% | $72.3m | 1,200,000 | – | new |
| 20 | PG&E CORP | 1.1% | $67.0m | 471,000 | 0% | held | |
| 21 | GLOBAL BLUE GROUP HOLDING AG | 0.8% | $51.2m | 8,537,601 | 0% | held | |
| 22 | VST VISTRA CORP | Utilities | 0.8% | $50.8m | 2,115,000 | – | new |
| 23 | TECK TECK RESOURCES LTD | Basic Materials | 0.7% | $42.0m | 1,150,000 | – | new |
| 24 | DENBURY INC | 0.4% | $21.9m | 250,000 | – | new | |
| 25 | J JACOBS SOLUTIONS INC | Industrials | 0.4% | $21.8m | 185,765 | – | new |
| 26 | KHOSLA VENTURES ACQUT CO III | 0.3% | $20.3m | 2,000,000 | 0% | held | |
| 27 | BLUE WHALE ACQUISITION CORP | 0.3% | $19.9m | 2,000,000 | 0% | held | |
| 28 | RICE ACQUISITION CORP II | 0.3% | $15.4m | 1,500,000 | 0% | held | |
| 29 | CATALENT INC | 0.2% | $13.1m | 200,000 | – | new | |
| 30 | EG ACQUISITION CORP | 0.2% | $11.2m | 1,102,500 | 0% | held | |
| 31 | LOGISTICS INNOVTN TECHNLGS C | 0.2% | $10.2m | 1,000,000 | 0% | held | |
| 32 | JAWS HURRICANE ACQUISITN COR | 0.2% | $10.1m | 992,739 | 0% | held | |
| 33 | AURORA INNOVATION INC | 0.0% | $1.4m | 1,032,463 | 0% | held | |
| 34 | RICE ACQUISITION CORP II | 0.0% | $732.4k | 500,000 | 0% | held | |
| 35 | GLOBAL BLUE GROUP HOLDING AG | 0.0% | $502.7k | 1,333,333 | 0% | held | |
| 36 | AURORA INNOVATION INC | 0.0% | $376.5k | 1,835,000 | 0% | held | |
| 37 | COMPUTE HEALTH ACQUISITIN CO | 0.0% | $250.0k | 625,000 | 0% | held | |
| 38 | BLUESCAPE OPPORTUNITIES ACQU | 0.0% | $150.0k | 1,000,000 | 0% | held | |
| 39 | TMC THE METALS COMPANY INC | 0.0% | $119.0k | 1,000,000 | 0% | held | |
| 40 | JAWS MUSTANG ACQUISITION COR | 0.0% | $108.7k | 1,000,000 | 0% | held | |
| 41 | EG ACQUISITION CORP | 0.0% | $64.3k | 367,499 | 0% | held | |
| 42 | JAWS HURRICANE ACQUISITN COR | 0.0% | $38.5k | 248,184 | 0% | held | |
| 43 | BLUE WHALE ACQUISITION CORP | 0.0% | $38.0k | 500,000 | 0% | held | |
| 44 | LOGISTICS INNOVTN TECHNLGS C | 0.0% | $36.7k | 333,332 | 0% | held | |
| 45 | SOCIAL LEVERAGE ACQUISN CORP | 0.0% | $26.8k | 250,000 | 0% | held | |
| 46 | DISRUPTIVE ACQUISITION CORP | 0.0% | $26.7k | 333,333 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.