Third Point LLC
SEC Form 13F institutional filer · CIK 0001040273
13F-HR · 14 reported holdings · 2026-03-31
SEC-registered institutional investment manager.
Reported long-US-equity value
$1.06B
Top-10 concentration
93.2%
Third Point LLC — $1.06B AUM allocation strategy
Third Point LLC files SEC Form 13F and reports $1.06B of long US equity value across 14 reported holdings for 2026-03-31.
Its largest sector bet is Consumer Discretionary 38.0%, followed by Materials 18.8% and Communication Services 16.2%.
The top 10 holdings account for 93% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Third Point LLC — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$1.06B
total across 14 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
93% of value
higher = narrower conviction; lower = spread / hedging
Biggest trims (shares)
−$NVDA −2.76M sh · −$517M−$UNP −1.71M sh · −$394M−$LYV −1.26M sh · −$175M
Exited to nil (held last quarter, gone now)
$PCG ($551M last qtr)$MSFT ($447M last qtr)$CASY ($251M last qtr)$CSGP ($213M last qtr)$CMG ($175M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Broadline Retail38.0%—
- Construction Materials18.8%—
- Interactive Media & Services9.6%—
- Life Sciences Tools & Services9.4%—
- Movies & Entertainment6.7%—
- Rail Transportation5.0%—
- Semiconductors4.6%—
- Semiconductor Materials & Equipment3.0%—
- Other holdings4.9%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $AMZN | Amazon.com Inc | 1.94M | $404M | -225K | 38.0% |
| $CRH | CRH PLC | 1.9M | $200M | -700K | 18.8% |
| $DHR | Danaher Corporation | 525K | $99.5M | -75K | 9.4% |
| $LYV | Live Nation Entertainment Inc | 465K | $70.9M | -1.26M | 6.7% |
| $META | Meta Platforms Inc | 90K | $51.5M | — | 4.8% |
| $GOOG | Alphabet Inc. Class C Capital Stock | 175K | $50.3M | — | 4.7% |
| $NVDA | NVIDIA Corporation | 190K | $33.1M | -2.76M | 3.1% |
| $TDG | Transdigm Group Incorporated | 25K | $29M | — | 2.7% |
| $NSC | Norfolk Southern Corporation | 100K | $28.7M | -875K | 2.7% |
| $COF | Capital One Financial Corporation | 140K | $25.5M | -960K | 2.4% |
…and 4 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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