Daniel Loeb Third Point
Daniel Loeb is the founder of Third Point, an event-driven and activist-oriented hedge fund. He is known for pointed letters to management teams, catalyst-driven investing, and a flexible mandate across equities and credit. Loeb’s campaigns and portfolio shifts regularly generate attention beyond specialist hedge fund circles.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Rivian
RIVN
|
+$466M |
| 2 |
Accenture
ACN
|
+$456M |
| 3 |
Expedia Group
EXPE
|
+$222M |
| 4 |
Align Technology
ALGN
|
+$193M |
| 5 |
Amazon
AMZN
|
+$171M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Upstart Holdings
UPST
|
+$2.1B |
| 2 |
Intel
INTC
|
+$480M |
| 3 |
EDR
Endeavor Group Holdings, Inc.
EDR
|
+$358M |
| 4 |
Walt Disney
DIS
|
+$347M |
| 5 |
Meta Platforms (Facebook)
META
|
+$339M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.66% |
| 2 | Healthcare | 19.73% |
| 3 | Consumer Discretionary | 17.12% |
| 4 | Financials | 9.85% |
| 5 | Utilities | 8.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Leslie's
LESL
$5.63M
| $141M | 0.98% |
297,500
-10,000
| -3% | -$4.31M |
|
27
AES
AES
$10.5B
| $140M | 0.98% |
5,750,000
+2,000,000
| +53% | +$48.6M |
|
|
ZEN
28
DELISTED
ZENDESK INC
ZEN
| $136M | 0.95% |
+1,304,400
| New | +$140M |
|
29
Crown Holdings
CCK
$13B
| $111M | 0.77% |
+1,000,000
| New | +$106M |
|
30
EQT Corp
EQT
$33.6B
| $109M | 0.76% |
+4,975,000
| New | +$104M |
|
|
COUP
31
DELISTED
Coupa Software Incorporated
COUP
| $103M | 0.72% |
+650,000
| New | +$134M |
|
32
Comcast
CMCSA
$95.3B
| $101M | 0.7% |
+2,000,000
| New | +$104M |
|
|
CANO
33
DELISTED
Cano Health, Inc.
CANO
| $101M | 0.7% |
112,842
+2,000
| +2% | +$2.1M |
|
|
PCGU
34
DELISTED
PG&E Corporation
PCGU
| $92.5M | 0.65% |
800,000
| – | – |
|
35
Alight
ALIT
$379M
| $90.5M | 0.63% |
418,604
-431,396
| -51% | -$93.6M |
|
36
Perimeter Solutions
PRM
$5.15B
| $89.6M | 0.63% |
+6,450,000
| New | +$81.5M |
|
37
Grab
GRAB
$14.2B
| $88.5M | 0.62% |
+12,408,903
| New | +$94.7M |
|
38
CF Industries
CF
$19.6B
| $88.1M | 0.61% |
1,244,477
+244,477
| +24% | +$15.3M |
|
|
VTYX
39
DELISTED
Ventyx Biosciences
VTYX
| $83.1M | 0.58% |
+4,312,834
| New | +$81.7M |
|
|
LFG
40
DELISTED
Archaea Energy Inc.
LFG
| $81.4M | 0.57% |
4,454,110
+184,110
| +4% | +$3.48M |
|
41
Opendoor
OPEN
$3.43B
| $55.2M | 0.39% |
+3,900,833
| New | +$72.1M |
|
|
GB
42
DELISTED
Global Blue Group Holding
GB
| $54.9M | 0.38% |
8,580,069
| – | – |
|
|
AESC
43
DELISTED
The AES Corporation
AESC
| $48M | 0.34% |
500,000
| – | – |
|
|
SHCO
44
DELISTED
Soho House & Co
SHCO
| $47.9M | 0.33% |
3,750,000
| – | – |
|
|
JWSM
45
DELISTED
Jaws Mustang Acquisition Corp.
JWSM
| $39M | 0.27% |
4,000,000
| – | – |
|
|
GOAC
46
DELISTED
GO Acquisition Corp. Class A Common Stock
GOAC
| $29.5M | 0.21% |
3,000,000
| – | – |
|
|
AVAN
47
DELISTED
Avanti Acquisition Corp.
AVAN
| $29.5M | 0.21% |
3,000,000
| – | – |
|
|
CPUH
48
DELISTED
Compute Health Acquisition Corp.
CPUH
| $24.3M | 0.17% |
2,500,000
| – | – |
|
|
KVSC
49
DELISTED
Khosla Ventures Acquisition Co. III Class A Common Stock
KVSC
| $19.5M | 0.14% |
2,000,000
-500,000
| -20% | -$4.93M |
|
|
BWC
50
DELISTED
Blue Whale Acquisition Corp I Class A Ordinary Shares
BWC
| $19.4M | 0.14% |
+2,000,000
| New | +$19.5M |
|
Similar funds
Daniel Loeb's Q4 2021 Portfolio in Review
As of Q4 2021, Daniel Loeb held 139 positions worth $14.3B, down 22% from $18.3B the previous quarter. Its ten largest holdings account for 52% of the portfolio.
Daniel Loeb withdrew a net $3.4B in Q4 2021, closing 47 positions and reducing 11 holdings. Its most notable exit was Intel, an estimated $480M position sold in full.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 23% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Daniel Loeb opened a new position in Rivian worth $408M.
- Daniel Loeb's largest Q4 2021 buy was Rivian: 4,046,572 shares worth $408M.
- Daniel Loeb added most to Amazon in Q4 2021, an estimated $171M increase.
- Daniel Loeb's biggest Q4 2021 reduction was Upstart Holdings, cutting an estimated $2.1B.
- Daniel Loeb fully exited Intel in Q4 2021, selling an estimated $480M.
- Daniel Loeb's ten largest holdings make up 52% of its $14.3B portfolio in Q4 2021.
- Daniel Loeb opened 26 new positions and closed 47 in Q4 2021.
- Daniel Loeb's portfolio value fell 22% quarter-over-quarter to $14.3B.
Based on Third Point's 13F filing for Q4 2021, filed 14 Feb 2022.