Third Point 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Third Point disclosed 44 US equity positions worth $6.4bn in its Q1 2025 13F filing. The largest position was PCG at 13.8% of the reported book, followed by AMZN and TSM. Against the Q4 2024 filing, it opened 10 new positions, added to 9 and reduced 7 among the top 44 holdings.
What did Third Point own in Q1 2025? Top 44 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | PCG PG&E CORP | Utilities | 13.8% | $877.9m | 51,100,000 | 5% | added |
| 2 | AMZN AMAZON COM INC | Consumer Cyclical | 7.0% | $447.1m | 2,350,000 | -32% | reduced |
| 3 | TSM TAIWAN SEMICONDUCTOR MFG LTD | Technology | 4.6% | $295.5m | 1,780,000 | 0% | held |
| 4 | LYV LIVE NATION ENTERTAINMENT IN | Communication Services | 4.3% | $274.2m | 2,100,000 | 22% | added |
| 5 | TDS TELEPHONE & DATA SYS INC | Communication Services | 4.1% | $261.9m | 6,760,000 | 13% | added |
| 6 | CRH CRH PLC | Basic Materials | 3.8% | $238.8m | 2,715,000 | 0% | held |
| 7 | BN BROOKFIELD CORP | Financial Services | 3.5% | $222.2m | 4,240,000 | -15% | reduced |
| 8 | FLUTTER ENTMT PLC | 3.4% | $214.9m | 970,000 | 11% | added | |
| 9 | KVUE KENVUE INC | Consumer Defensive | 3.4% | $213.4m | 8,900,000 | – | new |
| 10 | CPAY CORPAY INC | 3.3% | $212.7m | 610,000 | 0% | held | |
| 11 | APO APOLLO GLOBAL MGMT INC | Financial Services | 3.2% | $205.4m | 1,500,000 | 275% | added |
| 12 | LPLA LPL FINL HLDGS INC | Financial Services | 3.2% | $204.5m | 625,000 | -5% | reduced |
| 13 | ICE INTERCONTINENTAL EXCHANGE IN | Financial Services | 3.0% | $189.8m | 1,100,000 | -47% | reduced |
| 14 | COF CAPITAL ONE FINL CORP | Financial Services | 3.0% | $188.3m | 1,050,000 | 14% | added |
| 15 | J JACOBS SOLUTIONS INC | Industrials | 2.7% | $169.2m | 1,400,000 | -15% | reduced |
| 16 | CRS CARPENTER TECHNOLOGY CORP | Industrials | 2.5% | $157.6m | 870,000 | 0% | held |
| 17 | EQT EQT CORP | Energy | 2.5% | $157.6m | 2,950,000 | 0% | held |
| 18 | NVDA NVIDIA CORPORATION | Technology | 2.5% | $157.2m | 1,450,000 | – | new |
| 19 | CSGP COSTAR GROUP INC | Real Estate | 2.5% | $156.5m | 1,975,000 | – | new |
| 20 | USX1 UNITED STATES STL CORP NEW | 2.4% | $153.2m | 3,625,000 | – | new | |
| 21 | FTV FORTIVE CORP | Technology | 2.2% | $139.0m | 1,900,000 | 0% | held |
| 22 | CASY CASEYS GEN STORES INC | Consumer Cyclical | 2.0% | $130.2m | 300,000 | – | new |
| 23 | DISCOVER FINL SVCS | 2.0% | $126.3m | 740,000 | 16% | added | |
| 24 | MSFT MICROSOFT CORP | Technology | 1.9% | $118.2m | 315,000 | -48% | reduced |
| 25 | TLN TALEN ENERGY CORP | Utilities | 1.8% | $116.8m | 585,000 | – | new |
| 26 | T AT&T INC | Communication Services | 1.7% | $105.6m | 3,775,000 | – | new |
| 27 | HES HESS CORP | 1.6% | $99.8m | 625,000 | 0% | held | |
| 28 | VST VISTRA CORP | Utilities | 1.6% | $99.8m | 850,000 | -15% | reduced |
| 29 | PRMB PRIMO BRANDS CORPORATION | Consumer Defensive | 1.5% | $98.5m | 2,775,000 | 16% | added |
| 30 | RBA RB GLOBAL INC | Industrials | 1.5% | $95.3m | 950,000 | – | new |
| 31 | APOLLO GLOBAL MGMT INC | 1.0% | $65.8m | 900,000 | 0% | held | |
| 32 | SN SHARKNINJA INC | Consumer Cyclical | 0.7% | $45.9m | 550,000 | – | new |
| 33 | SOHO HOUSE & CO INC | 0.5% | $32.1m | 5,200,000 | 121% | added | |
| 34 | PINS PINTEREST INC | Communication Services | 0.5% | $31.0m | 1,000,000 | – | new |
| 35 | SEADRILL LTD | 0.4% | $25.6m | 1,025,000 | 0% | held | |
| 36 | PG&E CORP | 0.2% | $10.6m | 10,000,000 | 0% | held | |
| 37 | HERTZ GLOBAL HLDGS INC | 0.1% | $9.0m | 3,970,000 | 0% | held | |
| 38 | AURORA INNOVATION INC | 0.1% | $6.9m | 1,032,463 | 0% | held | |
| 39 | PG&E CORP | 0.1% | $6.3m | 140,000 | 0% | held | |
| 40 | FLYEXCLUSIVE INC | 0.0% | $3.2m | 1,022,000 | 0% | held | |
| 41 | AURORA INNOVATION INC | 0.0% | $2.6m | 1,835,000 | 0% | held | |
| 42 | NET POWER INC | 0.0% | $152.5k | 500,000 | 0% | held | |
| 43 | FLYEXCLUSIVE INC | 0.0% | $36.8k | 367,499 | 0% | held | |
| 44 | GLOBAL BLUE GROUP HOLDING AG | 0.0% | $29.6k | 1,333,333 | 0% | held |
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.