Third Point LLC

Q4 2025 13F-HR Holdings

Location
New York, NY
Holdings as of
12/31/2025
Date filed
2/17/2026
Form type
13F-HR
Num holdings
44
Total value ($000)
$7,274,622
Net value change ($000)
-1,714,412 (-19.1%)
New positions
11
Sold out positions
11
Turnover %
29.3%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/14/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
UNP 211,865 102.4%
CMG 174,825 NEW
CEG 167,803 NEW
DHR 127,439 1285.6%
BABA 120,929 NEW
APG 114,780 NEW
RKT 106,690 137.6%
CRH 64,896 25.0%
SPOT 58,071 NEW
SGI 50,562 20.0%
Top Reduces (Value $000, Stocks/ETFs)
FLUT -284,480 -100.0%
NSC -214,175 -43.2%
PCG -204,307 -27.0%
COOP -194,981 -100.0%
TSM -178,066 -58.0%
META -161,564 -100.0%
TLN -148,883 -100.0%
J -137,122 -100.0%
PRMB -127,628 -100.0%
MSFT -122,396 -21.5%
Instrument mix + QoQ Δ (ex-options)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type