Loeb
Portfolio value$4.7B
Positions43
QuarterQ2 2026ended 2026-06-30
Filed08/142026
Third Point LLC's Q2 2026 13F, filed Aug 14, 2026, reports 43 positions worth $4.7B. The ten largest are 60.1% of the book, led by Warner Bros. Discovery at 11.4%, Amazon at 8.9% and Alphabet (Class A) at 7.8%. Against Q1 2026: 19 bought, 13 added to, 4 reduced, 9 sold; the largest moves were bought Warner Bros. Discovery and added Alphabet (Class A) (+486%).
Where the money is
WBDAMZNGOOGLCRHTDSTSMLYVKEYSSGIXYZ33 other
Holdings
| Ticker | Issuer | Weight | Value | Q-end → now | Price vs model | Change |
|---|---|---|---|---|---|---|
| WBD | Warner Bros Discovery INC | 11.4% | $533.2M20.0M sh | 26.66 → +16% | 137% overvalued | bought |
| AMZN | Amazon Com INC | 8.9% | $417.1M1.8M sh | 238.34 → +5% | 182% overvalued | reduced −10% |
| GOOGL | Alphabet INC | 7.8% | $366.3M1.0M sh | 357.37 → −5% | 51% overvalued | added +486% |
| CRH | Crh PLC | 5.0% | $234.9M2.2M sh | 107.00 → −22% | 5% overvalued | added +16% |
| TDS | Telephone & Data Sys INC | 5.0% | $232.2M6.3M sh | 37.01 | — | reduced −5% |
| TSM | Taiwan Semiconductor Manufac | 4.7% | $219.7M460,000 sh | 477.57 | — | added +67% |
| LYV | Live Nation Entertainment In | 4.4% | $207.8M1.1M sh | 183.11 → −7% | 65% overvalued | added +144% |
| KEYS | Keysight Technologies INC | 4.4% | $204.8M585,000 sh | 350.07 → −5% | 224% overvalued | bought |
| SGI | Somnigroup International INC | 4.3% | $201.5M2.6M sh | 78.40 | — | added +13% |
| XYZ | Block INC | 4.2% | $194.5M2.6M sh | 76.00 → +2% | 158% overvalued | bought |
| NSC | Norfolk Southn Corp | 4.0% | $188.8M600,000 sh | 314.59 → +4% | 54% overvalued | added +500% |
| FLEX | Flex LTD | 3.6% | $166.9M1.0M sh | 162.07 → −44% | 54% overvalued | bought |
| COF | Capital One Finl Corp | 3.5% | $165.5M825,000 sh | 200.62 → +1% | 10% overvalued | added +489% |
| HUT | Hut 8 Corp | 3.2% | $151.8M1.3M sh | 115.45 | — | added +51% |
| CRS | Carpenter Technology Corp | 2.8% | $132.6M215,000 sh | 616.84 | — | reduced −31% |
| APG | Api Group Corp | 2.6% | $121.3M2.9M sh | 42.35 | — | added +41% |
| MTZ | Mastec INC | 2.6% | $120.7M290,000 sh | 416.06 | — | reduced −9% |
| TDG | Transdigm Group INC | 2.2% | $105.2M79,000 sh | 1,332.04 → −14% | 23% undervalued | added +216% |
| DHR | Danaher Corp Del | 2.2% | $102.9M540,000 sh | 190.48 → +20% | 59% overvalued | added +3% |
| UNP | Union Pac Corp | 2.0% | $95.2M350,000 sh | 272.00 → +6% | 23% overvalued | added +250% |
| TTMI | Ttm Technologies INC | 2.0% | $94.4M505,000 sh | 187.02 | — | bought |
| PFGC | Performance Food Group CO | 1.6% | $75.5M675,000 sh | 111.79 | — | bought |
| GOOGL 6.25 05/15/29 A | Alphabet INC | 1.4% | $66.2M1.3M sh | 50.89 | — | bought |
| ASML | Asml Hldg NV | 1.3% | $59.6M30,000 sh | 1,986.87 → −17% | no usable model value | added +150% |
| SYY | Sysco Corp | 1.0% | $48.2M580,000 sh | 83.03 → −1% | 15% undervalued | bought |
| ARES | Ares Management Corporation | 0.9% | $41.7M375,000 sh | 111.31 → +1% | 60% overvalued | bought |
| SPCX | Space Exploration Techn Corp | 0.7% | $30.8M180,415 sh | 170.86 → −15% | 49% undervalued | bought |
| SPY | State Str Spdr S&p 500 ETF T (Put) | 0.6% | $28.8M40,000 sh | 720.00 | — | bought |
| SRTA | Strata Critical Medical INC | 0.6% | $26.4M5.0M sh | 5.27 | — | held |
| GOOGL 6.25 05/15/29 B | Alphabet INC | 0.2% | $10.1M200,000 sh | 50.30 | — | bought |
| SPRY | Ars Pharmaceuticals INC | 0.2% | $8.0M1.0M sh | 8.01 | — | held |
| AUR | Aurora Innovation INC | 0.2% | $7.0M1.0M sh | 6.82 | — | held |
| RIOT 0.75 01/15/30 | Riot Platforms INC | 0.2% | $7.0M3.5M sh | 2.01 | — | bought |
| HTZWW | Hertz Global Hldgs INC | 0.1% | $4.3M4.0M sh | 1.09 | — | held |
| FLYX | Flyexclusive INC | 0.0% | $2.0M1.0M sh | 2.00 | — | held |
| BLCO | Bausch Plus Lomb Corp | 0.0% | $1.4M85,000 sh | 16.56 | — | bought |
| CORZ | Core Scientific INC New | 0.0% | $1.4M54,000 sh | 25.59 | — | bought |
| EROC | Erock INC | 0.0% | $1.2M83,030 sh | 14.50 | — | bought |
| APLD | Applied Digital Corp | 0.0% | $820,60022,000 sh | 37.30 | — | bought |
| LARCN 1.75 01/15/27 | Lithium Argentina AG | 0.0% | $611,750625,000 sh | 0.98 | — | bought |
| AUROW | Aurora Innovation INC | 0.0% | $587,3841.8M sh | 0.32 | — | held |
| WOLF | Wolfspeed INC | 0.0% | $482,50010,000 sh | 48.25 | — | bought |
| FLYX/WS | Flyexclusive INC | 0.0% | $77,175367,499 sh | 0.21 | — | held |
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.