META PLATFORMS INC
30303M102
New position
SEC source XMLShare change
+90,000
Value change
+$51.5M
Weight change
+2.47%
Back to 13F signals
SEC source XML
Q1 2026
Third Point
Third Point is Daniel Loeb's event-driven hedge fund, known for activist letters and special-situation investing.
Third Point LLC, CIK 0001040273. Review four-quarter trends, portfolio structure, quarterly operations, and the complete table of original SEC CUSIP holdings.
Report date: 03/31/2026Filing date: 05/15/20260001040273-26-000002
13F portfolio value change
$2.1B
Q1 2026 disclosed value; -$5.2B / -71.4% vs Q4 2025.
Company-level holdings
33
Multiple CUSIP rows for the same company are combined.
Top 10 weight
77.79%
Balanced
New / increased
11
New positions 13.99%
Exited / reduced
37
Turnover 93.94%
Latest portfolio moves
New positions, increases, reductions, and exits are shown before charts and raw holdings, with SEC source links on every move.
Increased / new this quarter
Company-level positions whose share count increased or appeared for the first time.
Alphabet Inc.
02079K305
New position
SEC source XMLShare change
+175,000
Value change
+$50.3M
Weight change
+2.42%
SPDR GOLD TR
78463V107
New position
SEC source XMLShare change
+95,000
Value change
+$40.9M
Weight change
+1.96%
HUT 8 CORP
44812J104
New position
SEC source XMLShare change
+869,563
Value change
+$40.8M
Weight change
+1.96%
TRANSDIGM GROUP INC
893641100
New position
SEC source XMLShare change
+25,000
Value change
+$29.0M
Weight change
+1.39%
KLA CORP
482480100
New position
SEC source XMLShare change
+11,000
Value change
+$16.2M
Weight change
+0.78%
LAM RESEARCH CORP
512807306
New position
SEC source XMLShare change
+75,000
Value change
+$16.0M
Weight change
+0.77%
ASML HLDG NV
N07059210
New position
SEC source XMLShare change
+12,000
Value change
+$15.8M
Weight change
+0.76%
Reduced / exited this quarter
Company-level positions whose share count declined or disappeared completely.
PG&E CORP
69331C108
Exited
SEC source XMLShare change
-34,300,000
Value change
-$551.2M
Weight change
-7.58%
NVIDIA Corp.
67066G104
Reduced
SEC source XMLShare change
-2,760,000
Value change
-$517.0M
Weight change
-5.97%
Microsoft Corp.
594918104
Exited
SEC source XMLShare change
-925,000
Value change
-$447.3M
Weight change
-6.15%
UNION PAC CORP
907818108
Reduced
SEC source XMLShare change
-1,710,000
Value change
-$394.4M
Weight change
-4.59%
BROOKFIELD CORP
11271J107
Exited
SEC source XMLShare change
-6,200,000
Value change
-$284.5M
Weight change
-3.91%
NORFOLK SOUTHN CORP
655844108
Reduced
SEC source XMLShare change
-875,000
Value change
-$252.8M
Weight change
-2.49%
CASEYS GEN STORES INC
147528103
Exited
SEC source XMLShare change
-455,000
Value change
-$251.5M
Weight change
-3.46%
CAPITAL ONE FINL CORP
14040H105
Reduced
SEC source XMLShare change
-960,000
Value change
-$241.1M
Weight change
-2.44%
SEC source transparency
Signals are derived from SEC EDGAR 13F information tables. Search aliases, tickers, themes, and company mappings help discovery but do not replace the original filing.
Data source
SEC EDGAR
Source filings
16
Latest reporting quarter
2026Q1
Largest increase
Rule-based indicators calculated from company-level changes this quarter.
META PLATFORMS INC
30303M102
New position
SEC source XMLShare change
+90,000
Value change
+$51.5M
Weight change
+2.47%
Largest reduction
Rule-based indicators calculated from company-level changes this quarter.
PG&E CORP
69331C108
Exited
SEC source XMLShare change
-34,300,000
Value change
-$551.2M
Weight change
-7.58%
Manager profile
Style
Event-driven value, activist catalysts, restructurings, and opportunistic equity positions.
History
Loeb founded Third Point in 1995 and became known for detailed public letters and catalyst-focused campaigns.
Scale
The disclosed 13F portfolio can change materially because the broader strategy may include non-13F positions and hedges.
Lead investor
Loeb is known for sharp writing, detailed analysis, and willingness to push management teams.
Record and context
Third Point has a long event-driven history, but a single 13F quarter can mix real trading with portfolio-size effects.
13F scope
13F reports show disclosed U.S.-listed long equity positions. They exclude most shorts, private holdings, cash, derivatives, and non-U.S. positions.
Trends and portfolio structure
Total value over four quarters
Holdings count trend
Quarterly action counts
Top holdings weight
Theme / industry allocation
Unclassified67.69%
Technology31.08%
Financials1.23%
Four-quarter summary
| Quarter | Filing date | Accession number | Raw rows | Companies | Total holding value | Top10 |
|---|---|---|---|---|---|---|
| Q1 2026 | 05/15/2026 | 0001040273-26-000002 | 33 | 33 | $2,082,795,760 | 77.79% |
| Q4 2025 | 02/17/2026 | 0001040273-26-000001 | 44 | 44 | $7,274,621,868 | 54.09% |
| Q3 2025 | 11/14/2025 | 0001040273-25-000003 | 46 | 46 | $8,989,033,614 | 52.95% |
| Q2 2025 | 08/14/2025 | 0001085146-25-005277 | 51 | 51 | $7,620,034,147 | 50.41% |
Quarterly operations table
| Company | CUSIP | Change | Current shares | Share change | Share change % | Current value | Value change | Weight change | Theme |
|---|---|---|---|---|---|---|---|---|---|
| PG&E CORP 69331C108 | 69331C108 | Exited | 0 | -34,300,000 | -100.00% | $0 | -$551,201,000 | -7.58% | Unclassified |
| NVIDIA Corp. NVDA | 67066G104 | Reduced | 190,000 | -2,760,000 | -93.56% | $33,136,000 | -$517,039,000 | -5.97% | Technology |
| Microsoft Corp. MSFT | 594918104 | Exited | 0 | -925,000 | -100.00% | $0 | -$447,348,500 | -6.15% | Technology |
| UNION PAC CORP 907818108 | 907818108 | Reduced | 100,000 | -1,710,000 | -94.48% | $24,262,000 | -$394,427,200 | -4.59% | Unclassified |
| BROOKFIELD CORP 11271J107 | 11271J107 | Exited | 0 | -6,200,000 | -100.00% | $0 | -$284,518,000 | -3.91% | Unclassified |
| NORFOLK SOUTHN CORP 655844108 | 655844108 | Reduced | 100,000 | -875,000 | -89.74% | $28,700,000 | -$252,802,000 | -2.49% | Unclassified |
| CASEYS GEN STORES INC 147528103 | 147528103 | Exited | 0 | -455,000 | -100.00% | $0 | -$251,483,050 | -3.46% | Unclassified |
| CAPITAL ONE FINL CORP 14040H105 | 14040H105 | Reduced | 140,000 | -960,000 | -87.27% | $25,540,200 | -$241,055,800 | -2.44% | Financials |
| COSTAR GROUP INC 22160N109 | 22160N109 | Exited | 0 | -3,165,000 | -100.00% | $0 | -$212,814,600 | -2.93% | Unclassified |
| ROCKET COS INC 77311W101 | 77311W101 | Exited | 0 | -9,515,000 | -100.00% | $0 | -$184,210,400 | -2.53% | Unclassified |
| LPL FINL HLDGS INC 50212V100 | 50212V100 | Exited | 0 | -510,000 | -100.00% | $0 | -$182,156,700 | -2.50% | Financials |
| LIVE NATION ENTERTAINMENT IN 538034109 | 538034109 | Reduced | 465,000 | -1,260,000 | -73.04% | $70,917,150 | -$174,895,350 | +0.03% | Unclassified |
| CHIPOTLE MEXICAN GRILL INC 169656105 | 169656105 | Exited | 0 | -4,725,000 | -100.00% | $0 | -$174,825,000 | -2.40% | Consumer |
| CONSTELLATION ENERGY CORP 21037T109 | 21037T109 | Exited | 0 | -475,000 | -100.00% | $0 | -$167,803,250 | -2.31% | Energy |
| VISTRA CORP 92840M102 | 92840M102 | Exited | 0 | -1,005,000 | -100.00% | $0 | -$162,136,650 | -2.23% | Unclassified |
| SOMNIGROUP INTERNATIONAL INC 88023U101 | 88023U101 | Reduced | 2,270,769 | -1,129,231 | -33.21% | $167,855,244 | -$135,696,756 | +3.89% | Unclassified |
| CARPENTER TECHNOLOGY CORP 144285103 | 144285103 | Reduced | 310,000 | -475,000 | -60.51% | $122,186,500 | -$124,962,900 | +2.47% | Unclassified |
| CRH PLC G25508105 | G25508105 | Reduced | 1,900,000 | -700,000 | -26.92% | $199,728,000 | -$124,752,000 | +5.13% | Unclassified |
| ALIBABA GROUP HLDG LTD 01609W102 | 01609W102 | Exited | 0 | -825,000 | -100.00% | $0 | -$120,928,500 | -1.66% | China assets |
| SHARKNINJA INC G8068L108 | G8068L108 | Reduced | 130,509 | -1,069,491 | -89.12% | $13,820,903 | -$120,459,097 | -1.18% | Unclassified |
| MASTEC INC 576323109 | 576323109 | Reduced | 320,000 | -605,000 | -65.41% | $102,956,800 | -$98,110,450 | +2.18% | Unclassified |
| COMFORT SYS USA INC 199908104 | 199908104 | Exited | 0 | -105,000 | -100.00% | $0 | -$97,995,450 | -1.35% | Unclassified |
| AMAZON COM INC 023135106 | 023135106 | Reduced | 1,940,000 | -225,000 | -10.39% | $404,043,800 | -$95,681,500 | +12.53% | Technology |
| SPOTIFY TECHNOLOGY S A L8681T102 | L8681T102 | Exited | 0 | -100,000 | -100.00% | $0 | -$58,071,000 | -0.80% | Unclassified |
| KENVUE INC 49177J102 | 49177J102 | Exited | 0 | -3,250,000 | -100.00% | $0 | -$56,062,500 | -0.77% | Unclassified |
| META PLATFORMS INC 30303M102 | 30303M102 | New position | 90,000 | +90,000 | n/a | $51,491,700 | +$51,491,700 | +2.47% | Technology |
| Alphabet Inc. GOOG / GOOGL | 02079K305 | New position | 175,000 | +175,000 | n/a | $50,323,000 | +$50,323,000 | +2.42% | Technology |
| PROGRESSIVE CORP 743315103 | 743315103 | Exited | 0 | -220,000 | -100.00% | $0 | -$50,098,400 | -0.69% | Unclassified |
| SPDR GOLD TR 78463V107 | 78463V107 | New position | 95,000 | +95,000 | n/a | $40,877,550 | +$40,877,550 | +1.96% | Unclassified |
| HUT 8 CORP 44812J104 | 44812J104 | New position | 869,563 | +869,563 | n/a | $40,791,200 | +$40,791,200 | +1.96% | Unclassified |
| DANAHER CORP DEL 235851102 | 235851102 | Reduced | 525,000 | -75,000 | -12.50% | $99,540,000 | -$37,812,000 | +2.89% | Unclassified |
| Taiwan Semiconductor Manufacturing Co. Ltd. TSM | 874039100 | Reduced | 275,000 | -150,000 | -35.29% | $92,936,250 | -$36,217,000 | +2.69% | Technology |
| API GROUP CORP 00187Y100 | 00187Y100 | Reduced | 2,030,000 | -970,000 | -32.33% | $82,255,600 | -$32,524,400 | +2.37% | Unclassified |
| TRANSDIGM GROUP INC 893641100 | 893641100 | New position | 25,000 | +25,000 | n/a | $28,974,000 | +$28,974,000 | +1.39% | Unclassified |
| THERMO FISHER SCIENTIFIC INC 883556102 | 883556102 | Exited | 0 | -50,000 | -100.00% | $0 | -$28,972,500 | -0.40% | Unclassified |
| WIX COM LTD M98068105 | M98068105 | Exited | 0 | -225,000 | -100.00% | $0 | -$23,375,250 | -0.32% | Unclassified |
| CSX CORP 126408103 | 126408103 | Exited | 0 | -500,000 | -100.00% | $0 | -$18,125,000 | -0.25% | Unclassified |
| KLA CORP 482480100 | 482480100 | New position | 11,000 | +11,000 | n/a | $16,196,510 | +$16,196,510 | +0.78% | Unclassified |
| LAM RESEARCH CORP 512807306 | 512807306 | New position | 75,000 | +75,000 | n/a | $16,024,500 | +$16,024,500 | +0.77% | Unclassified |
| ASML HLDG NV N07059210 | N07059210 | New position | 12,000 | +12,000 | n/a | $15,849,960 | +$15,849,960 | +0.76% | Unclassified |
| BROADCOM INC 11135F101 | 11135F101 | New position | 50,000 | +50,000 | n/a | $15,475,500 | +$15,475,500 | +0.74% | Technology |
| VANECK ETF TRUST 92189F676 | 92189F676 | New position | 40,000 | +40,000 | n/a | $15,336,000 | +$15,336,000 | +0.74% | Unclassified |
| PG&E CORP 69331CAL2 | 69331CAL2 | Exited | 0 | -10,000,000 | -100.00% | $0 | -$10,283,406 | -0.14% | Unclassified |
| PG&E CORP 69331C306 | 69331C306 | Exited | 0 | -140,000 | -100.00% | $0 | -$5,740,000 | -0.08% | Unclassified |
| CLARITEV CORPORATION 62548M209 | 62548M209 | Reduced | 44,000 | -101,000 | -69.66% | $718,960 | -$5,479,790 | -0.05% | Unclassified |
| TELEPHONE & DATA SYS INC 879433829 | 879433829 | Reduced | 6,600,000 | -75,000 | -1.12% | $277,860,000 | +$4,185,000 | +9.58% | Unclassified |
| STRATA CRITICAL MEDICAL INC 092667104 | 092667104 | Unchanged | 5,000,000 | 0 | +0.00% | $20,900,000 | -$3,150,000 | +0.67% | Unclassified |
| BAUSCH HEALTH COS INC 071734107 | 071734107 | Exited | 0 | -350,000 | -100.00% | $0 | -$2,432,500 | -0.03% | Healthcare |
| FLYEXCLUSIVE INC 343928107 | 343928107 | Unchanged | 1,022,000 | 0 | +0.00% | $2,309,720 | -$1,890,700 | +0.05% | Unclassified |
| HERTZ GLOBAL HLDGS INC 42806J148 | 42806J148 | Unchanged | 3,970,000 | 0 | +0.00% | $9,051,600 | -$1,588,000 | +0.29% | Unclassified |
| ARS PHARMACEUTICALS INC 82835W108 | 82835W108 | Increased | 1,000,000 | +443,763 | +79.78% | $8,030,000 | +$1,549,839 | +0.30% | Unclassified |
| AURORA INNOVATION INC 051774107 | 051774107 | Unchanged | 1,032,463 | 0 | +0.00% | $4,253,748 | +$289,090 | +0.15% | Unclassified |
| AURORA INNOVATION INC 051774115 | 051774115 | Unchanged | 1,835,000 | 0 | +0.00% | $365,165 | -$47,894 | +0.01% | Unclassified |
| FLYEXCLUSIVE INC 343928115 | 343928115 | Unchanged | 367,499 | 0 | +0.00% | $88,200 | -$16,464 | +0.00% | Unclassified |
Showing 54 of 54 changes for this quarter. Portfolio weight is the position’s share of the manager’s total 13F market value for that quarter.
Complete raw holdings table
| Rank | Company | CUSIP | Normalized company | Holding market value | Shares | Weight | Change | Theme | Source |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AMAZON COM INC COM | 023135106 | AMAZON COM INC 023135106 | $404,043,800 | 1,940,000 | 19.40% | Reduced -10.39% | Technology | 05/15/2026 0001040273-26-000002 |
| 2 | TELEPHONE & DATA SYS INC COM NEW | 879433829 | TELEPHONE & DATA SYS INC 879433829 | $277,860,000 | 6,600,000 | 13.34% | Reduced -1.12% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 3 | CRH PLC ORD | G25508105 | CRH PLC G25508105 | $199,728,000 | 1,900,000 | 9.59% | Reduced -26.92% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 4 | SOMNIGROUP INTERNATIONAL INC COM | 88023U101 | SOMNIGROUP INTERNATIONAL INC 88023U101 | $167,855,244 | 2,270,769 | 8.06% | Reduced -33.21% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 5 | CARPENTER TECHNOLOGY CORP COM | 144285103 | CARPENTER TECHNOLOGY CORP 144285103 | $122,186,500 | 310,000 | 5.87% | Reduced -60.51% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 6 | MASTEC INC COM | 576323109 | MASTEC INC 576323109 | $102,956,800 | 320,000 | 4.94% | Reduced -65.41% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 7 | DANAHER CORP DEL COM | 235851102 | DANAHER CORP DEL 235851102 | $99,540,000 | 525,000 | 4.78% | Reduced -12.50% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 8 | TAIWAN SEMICONDUCTOR MANUFAC SPONSORED ADS | 874039100 | Taiwan Semiconductor Manufacturing Co. Ltd. 874039100 | $92,936,250 | 275,000 | 4.46% | Reduced -35.29% | Technology | 05/15/2026 0001040273-26-000002 |
| 9 | API GROUP CORP COM STK | 00187Y100 | API GROUP CORP 00187Y100 | $82,255,600 | 2,030,000 | 3.95% | Reduced -32.33% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 10 | LIVE NATION ENTERTAINMENT IN COM | 538034109 | LIVE NATION ENTERTAINMENT IN 538034109 | $70,917,150 | 465,000 | 3.40% | Reduced -73.04% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 11 | META PLATFORMS INC CL A | 30303M102 | META PLATFORMS INC 30303M102 | $51,491,700 | 90,000 | 2.47% | New position n/a | Technology | 05/15/2026 0001040273-26-000002 |
| 12 | ALPHABET INC CAP STK CL A | 02079K305 | Alphabet Inc. alphabet | $50,323,000 | 175,000 | 2.42% | New position n/a | Technology | 05/15/2026 0001040273-26-000002 |
| 13 | SPDR GOLD TR GOLD SHS | 78463V107 | SPDR GOLD TR 78463V107 | $40,877,550 | 95,000 | 1.96% | New position n/a | Unclassified | 05/15/2026 0001040273-26-000002 |
| 14 | HUT 8 CORP COM | 44812J104 | HUT 8 CORP 44812J104 | $40,791,200 | 869,563 | 1.96% | New position n/a | Unclassified | 05/15/2026 0001040273-26-000002 |
| 15 | NVIDIA CORPORATION COM | 67066G104 | NVIDIA Corp. nvidia | $33,136,000 | 190,000 | 1.59% | Reduced -93.56% | Technology | 05/15/2026 0001040273-26-000002 |
| 16 | TRANSDIGM GROUP INC COM | 893641100 | TRANSDIGM GROUP INC 893641100 | $28,974,000 | 25,000 | 1.39% | New position n/a | Unclassified | 05/15/2026 0001040273-26-000002 |
| 17 | NORFOLK SOUTHN CORP COM | 655844108 | NORFOLK SOUTHN CORP 655844108 | $28,700,000 | 100,000 | 1.38% | Reduced -89.74% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 18 | CAPITAL ONE FINL CORP COM | 14040H105 | CAPITAL ONE FINL CORP 14040H105 | $25,540,200 | 140,000 | 1.23% | Reduced -87.27% | Financials | 05/15/2026 0001040273-26-000002 |
| 19 | UNION PAC CORP COM | 907818108 | UNION PAC CORP 907818108 | $24,262,000 | 100,000 | 1.16% | Reduced -94.48% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 20 | STRATA CRITICAL MEDICAL INC CL A COM | 092667104 | STRATA CRITICAL MEDICAL INC 092667104 | $20,900,000 | 5,000,000 | 1.00% | Unchanged +0.00% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 21 | KLA CORP COM NEW | 482480100 | KLA CORP 482480100 | $16,196,510 | 11,000 | 0.78% | New position n/a | Unclassified | 05/15/2026 0001040273-26-000002 |
| 22 | LAM RESEARCH CORP COM NEW | 512807306 | LAM RESEARCH CORP 512807306 | $16,024,500 | 75,000 | 0.77% | New position n/a | Unclassified | 05/15/2026 0001040273-26-000002 |
| 23 | ASML HLDG NV N Y REGISTRY SHS | N07059210 | ASML HLDG NV N07059210 | $15,849,960 | 12,000 | 0.76% | New position n/a | Unclassified | 05/15/2026 0001040273-26-000002 |
| 24 | BROADCOM INC COM | 11135F101 | BROADCOM INC 11135F101 | $15,475,500 | 50,000 | 0.74% | New position n/a | Technology | 05/15/2026 0001040273-26-000002 |
| 25 | VANECK ETF TRUST SEMICONDUCTR ETF | 92189F676 | VANECK ETF TRUST 92189F676 | $15,336,000 | 40,000 | 0.74% | New position n/a | Unclassified | 05/15/2026 0001040273-26-000002 |
| 26 | SHARKNINJA INC COM SHS | G8068L108 | SHARKNINJA INC G8068L108 | $13,820,903 | 130,509 | 0.66% | Reduced -89.12% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 27 | HERTZ GLOBAL HLDGS INC *W EXP 06/30/205 | 42806J148 | HERTZ GLOBAL HLDGS INC 42806J148 | $9,051,600 | 3,970,000 | 0.43% | Unchanged +0.00% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 28 | ARS PHARMACEUTICALS INC COM | 82835W108 | ARS PHARMACEUTICALS INC 82835W108 | $8,030,000 | 1,000,000 | 0.39% | Increased +79.78% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 29 | AURORA INNOVATION INC CLASS A COM | 051774107 | AURORA INNOVATION INC 051774107 | $4,253,748 | 1,032,463 | 0.20% | Unchanged +0.00% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 30 | FLYEXCLUSIVE INC COM CL A | 343928107 | FLYEXCLUSIVE INC 343928107 | $2,309,720 | 1,022,000 | 0.11% | Unchanged +0.00% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 31 | CLARITEV CORPORATION CL A NEW | 62548M209 | CLARITEV CORPORATION 62548M209 | $718,960 | 44,000 | 0.03% | Reduced -69.66% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 32 | AURORA INNOVATION INC *W EXP 11/03/202 | 051774115 | AURORA INNOVATION INC 051774115 | $365,165 | 1,835,000 | 0.02% | Unchanged +0.00% | Unclassified | 05/15/2026 0001040273-26-000002 |
| 33 | FLYEXCLUSIVE INC *W EXP 99/99/999 | 343928115 | FLYEXCLUSIVE INC 343928115 | $88,200 | 367,499 | 0.00% | Unchanged +0.00% | Unclassified | 05/15/2026 0001040273-26-000002 |
SEC filing source
Current filing: 0001040273-26-000002, filed 05/15/2026. Open the SEC source above to inspect the original information table.