Q3 2025 · 13F-HR
Third Point LLCholdings as filed
Filed 2025-11-14 · accession 0001040273-25-000003
$8.99B
Reported value
46
Positions
2025-09-30
Period end
The Brief · Third Point LLC · Q3 2025
AI · grounded in 13F
Third Point LLC established a new position in PG&E CORP PCG worth $755.5M. The fund also initiated new stakes in Amazon AMZN for $617M and the SPDR S&P 500 ETF TR SPY for $582.9M. Additional new positions include Microsoft MSFT at $569.7M and Nvidia NVDA at $531.8M.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 69331C108 | PCG | PG&E CORP | $755.5M | 8.40% | 50,100,000 | Common | SOLE |
| 023135106 | AMZN | AMAZON COM INC | $617.0M | 6.86% | 2,810,000 | Common | SOLE |
| 78462F103 | SPY | SPDR S&P 500 ETF TR | $582.9M | 6.48% | 875,000 | PUT | SOLE |
| 594918104 | MSFT | MICROSOFT CORP | $569.7M | 6.34% | 1,100,000 | Common | SOLE |
| 67066G104 | NVDA | NVIDIA CORPORATION | $531.8M | 5.92% | 2,850,000 | Common | SOLE |
| 655844108 | NSC | NORFOLK SOUTHN CORP | $495.7M | 5.51% | 1,650,000 | Common | SOLE |
| 11271J107 | BN | BROOKFIELD CORP | $320.6M | 3.57% | 4,675,000 | Common | SOLE |
| 874039100 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $307.2M | 3.42% | 1,100,000 | Common | SOLE |
| 14040H105 | COF | CAPITAL ONE FINL CORP | $294.4M | 3.28% | 1,385,000 | Common | SOLE |
| G3643J108 | FLUT | FLUTTER ENTMT PLC | $284.5M | 3.16% | 1,120,000 | Common | SOLE |
| 147528103 | CASY | CASEYS GEN STORES INC | $282.7M | 3.14% | 500,000 | Common | SOLE |
| 879433829 | TDS | TELEPHONE & DATA SYS INC | $263.2M | 2.93% | 6,707,274 | Common | SOLE |
| G25508105 | CRH | CRH PLC | $259.6M | 2.89% | 2,165,000 | Common | SOLE |
| 22160N109 | CSGP | COSTAR GROUP INC | $254.5M | 2.83% | 3,017,000 | Common | SOLE |
| 88023U101 | SGI | SOMNIGROUP INTERNATIONAL INC | $253.0M | 2.81% | 3,000,000 | Common | SOLE |
| 538034109 | LYV | LIVE NATION ENTERTAINMENT IN | $220.6M | 2.45% | 1,350,000 | Common | SOLE |
| 144285103 | CRS | CARPENTER TECHNOLOGY CORP | $208.7M | 2.32% | 850,000 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $206.8M | 2.30% | 875,000 | Common | SOLE |
| 50212V100 | LPLA | LPL FINL HLDGS INC | $197.7M | 2.20% | 594,143 | Common | SOLE |
| 62482R107 | 07WA | MR COOPER GROUP INC | $195.0M | 2.17% | 925,000 | Common | SOLE |
| G8068L108 | SN | SHARKNINJA INC | $185.7M | 2.07% | 1,800,000 | Common | SOLE |
| 92840M102 | VST | VISTRA CORP | $183.2M | 2.04% | 935,000 | Common | SOLE |
| 199908104 | FIX | COMFORT SYS USA INC | $165.0M | 1.84% | 200,000 | Common | SOLE |
| 30303M102 | META | META PLATFORMS INC | $161.6M | 1.80% | 220,000 | Common | SOLE |
| 576323109 | MTZ | MASTEC INC | $154.3M | 1.72% | 725,000 | Common | SOLE |
| 87422Q109 | TLN | TALEN ENERGY CORP | $148.9M | 1.66% | 350,000 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $146.1M | 1.62% | 9,000,000 | Common | SOLE |
| 46982L108 | J | JACOBS SOLUTIONS INC | $137.1M | 1.53% | 915,000 | Common | SOLE |
| 741623102 | PRMB | PRIMO BRANDS CORPORATION | $127.6M | 1.42% | 5,775,000 | Common | SOLE |
| 339750101 | FND | FLOOR & DECOR HLDGS INC | $98.0M | 1.09% | 1,330,000 | Common | SOLE |
| 03769M106 | APO | APOLLO GLOBAL MGMT INC | $86.6M | 0.96% | 650,000 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $77.5M | 0.86% | 4,000,000 | Common | SOLE |
| 03769M304 | APO 6.75 07/31/26 | APOLLO GLOBAL MGMT INC | $63.3M | 0.70% | 900,000 | Common | SOLE |
| 21874A106 | CORZ | CORE SCIENTIFIC INC NEW | $53.8M | 0.60% | 3,000,000 | Common | SOLE |
| 092667104 | SRTA | STRATA CRITICAL MEDICAL INC | $25.3M | 0.28% | 5,000,000 | Common | SOLE |
| 49177J102 | KVUE | KENVUE INC | $24.3M | 0.27% | 1,500,000 | CALL | SOLE |
| 42806J148 | HTZWW | HERTZ GLOBAL HLDGS INC | $14.8M | 0.16% | 3,970,000 | Common | SOLE |
| 69331CAL2 | PCG 4.25 12/01/27 | PG&E CORP | $10.1M | 0.11% | 10,000,000 | Common | SOLE |
| 235851102 | DHR | DANAHER CORPORATION | $9.9M | 0.11% | 50,000 | Common | SOLE |
| 69331C306 | PCG 6 12/01/27 A | PG&E CORP | $5.5M | 0.06% | 140,000 | Common | SOLE |
| 343928107 | FLYX | FLYEXCLUSIVE INC | $5.0M | 0.06% | 1,022,000 | Common | SOLE |
| 051774107 | AUR | AURORA INNOVATION INC | $2.2M | 0.02% | 1,032,463 | Common | SOLE |
| 051774115 | AUROW | AURORA INNOVATION INC | $877,000 | 0.01% | 1,835,000 | Common | SOLE |
| 071734107 | BHC | BAUSCH HEALTH COS INC | $645,000 | 0.01% | 100,000 | Common | SOLE |
| 203668108 | CYH | COMMUNITY HEALTH SYS INC NEW | $481,500 | 0.01% | 150,000 | Common | SOLE |
| 343928115 | FLYX/WS | FLYEXCLUSIVE INC | $116,681 | 0.00% | 367,499 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.