Third Point Portfolio
Third Point 13F filer (CIK 0001040273).
Q1 2024 · 38 positions · Total reported value $7.61B · Top-10 concentration 74.8%
Turnover: 59.2% · 16 new · 4 cut · 9 exited
Active Share (vs S&P 500): 94.5% · vs QQQ: 94.7% — share of the book that differs from index weights (higher = more active) · ranking
In its Q1 2024 13F filing, Third Point disclosed 38 equity positions with a combined reported value of $7.61B. The filing implies a focused portfolio: its ten largest positions account for 74.8% of reported value. HoldingsHub classifies the profile as Mid / Focused / High Turnover.
The largest disclosed positions as of Q1 2024 were PCG ($969.73M), AMZN ($919.94M), MSFT ($742.57M). By sector, the heaviest allocations are Consumer Discretionary 28.3%, Technology 27.2%. Versus the prior quarter, allocation shifted toward Technology (+7.0pp), Consumer Discretionary (+6.4pp) and away from Health Care (-1.8pp), Utilities (-2.2pp).
Versus the prior quarter, Third Point opened 16 new positions, trimmed 4 and fully exited 9, a turnover rate of 59.2% of positions. The portfolio's overlap with the prior quarter was 64% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | PCG | PG&E CORP | 57.86M | $969.73M | 12.74% | Hold |
| 2 | AMZN | AMAZON COM INC | 5.10M | $919.94M | 12.09% | Add |
| 3 | MSFT | MICROSOFT CORP | 1.76M | $742.57M | 9.76% | Reduce |
| 4 | BBWI | BATH & BODY WORKS INC | 12.85M | $642.76M | 8.45% | Reduce |
| 5 | META | META PLATFORMS INC. CLASS A | 1.24M | $600.18M | 7.89% | Add |
| 6 | DHR | DANAHER CORP DEL | 2.05M | $511.93M | 6.73% | Hold |
| 7 | GOOGL | ALPHABET INC | 3.00M | $452.79M | 5.95% | New |
| 8 | VST | VISTRA CORP | 4.47M | $311.34M | 4.09% | Reduce |
| 9 | AIG | AMERICAN INTL GROUP INC | 3.45M | $269.69M | 3.54% | Hold |
| 10 | J | JACOBS SOLUTIONS INC | 1.75M | $269.03M | 3.54% | Hold |
| 11 | CPAY | CORPAY INC | 650.00K | $200.55M | 2.64% | New |
| 12 | VZ | VERIZON COMMUNICATIONS INC. | 4.67M | $193.04M | 2.54% | Hold |
| 13 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 1.18M | $159.86M | 2.10% | Hold |
| 14 | SPGI | S&P GLOBAL INC | 335.00K | $142.53M | 1.87% | New |
| 15 | ICE | INTERCONTINENTAL EXCHANGE IN | 1.00M | $137.43M | 1.81% | Add |
| 16 | AAP | ADVANCE AUTO PARTS INC | 1.50M | $127.23M | 1.67% | New |
| 17 | IFF | INTERNATIONAL FLAVORS&FRAGRA | 1.40M | $120.39M | 1.58% | Reduce |
| 18 | APO | APOLLO GLOBAL MGMT INC | 1.00M | $112.45M | 1.48% | Add |
| 19 | MRVL | MARVELL TECHNOLOGY INC | 1.52M | $108.00M | 1.42% | New |
| 20 | GS | GOLDMAN SACHS GROUP INC | 250.00K | $104.42M | 1.37% | New |
| 21 | WCC | WESCO INTL INC | 525.20K | $89.96M | 1.18% | Add |
| 22 | CNK | CINEMARK HLDGS INC | 5.00M | $89.85M | 1.18% | New |
| 23 | EQT | EQT CORP | 1.95M | $72.29M | 0.95% | Hold |
| 24 | APOPRA | APOLLO GLOBAL MGMT INC | 900.00K | $57.38M | 0.75% | Hold |
| 25 | TDS | TELEPHONE & DATA SYS INC | 2.89M | $46.25M | 0.61% | Add |
| 26 | GB | GLOBAL BLUE GROUP HOLDING AG | 8.39M | $43.95M | 0.58% | Hold |
| 27 | UBER | UBER TECHNOLOGIES INC | 500.00K | $38.49M | 0.51% | Reduce |
| 28 | IT | GARTNER INC | 55.00K | $26.22M | 0.34% | New |
| 29 | AD | ARRAY DIGITAL INFRASTRUCTURE | 545.34K | $19.91M | 0.26% | Hold |
| 30 | HTZWW | HERTZ GLOBAL HLDGS INC | 3.97M | $17.63M | 0.23% | Hold |
| 31 | FLYX | FLYEXCLUSIVE INC | 1.02M | $4.42M | 0.06% | Hold |
| 32 | AUR | AURORA INNOVATION INC | 1.03M | $2.91M | 0.04% | Hold |
| 33 | PTEN | PATTERSON-UTI ENERGY INC | 150.00K | $1.79M | 0.02% | New |
| 34 | NPWRWS | NET POWER INC | 500.00K | $1.45M | 0.02% | Hold |
| 35 | AUROW | AURORA INNOVATION INC | 1.83M | $495.45K | 0.01% | Hold |
| 36 | JWSWF | JAWS MUSTANG ACQUISITION COR | 1.00M | $215.00K | 0.00% | Hold |
| 37 | FLYXWS | FLYEXCLUSIVE INC | 367.50K | $158.03K | 0.00% | Hold |
| 38 | GBWS | GLOBAL BLUE GROUP HOLDING AG | 1.33M | $45.07K | 0.00% | Hold |