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Daniel Loeb Third Point

AUM $4.68B
1-Year Est. Return 37.3%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+4.42%
1 Year Est. Return
+37.3%
3 Year Est. Return
+159.48%
5 Year Est. Return
+329.12%
10 Year Est. Return
+1,791.94%
AUM
$8.74B
AUM Growth
+$890M
Cap. Flow
+$644M
Cap. Flow %
7.37%
Top 10 Hldgs %
64.92%
Holding
51
New
11
Increased
5
Reduced
8
Closed
7

Top Buys

Rank Stock Value
1
AAPL icon
Apple
AAPL
+$364M
2
APH icon
Amphenol
APH
+$177M
3
KBH icon
KB Home
KBH
+$143M
4
ROP icon
Roper Technologies
ROP
+$129M
5
LYV icon
Live Nation Entertainment
LYV
+$129M

Top Sells

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$172M
2
SPGI icon
S&P Global
SPGI
+$143M
3
MRVL icon
Marvell Technology
MRVL
+$108M
4
GS icon
Goldman Sachs
GS
+$104M
5
WCC
WESCO International
WCC
+$90M

Sector Composition

Rank Sector Weight
1 Technology 26.49%
2 Consumer Discretionary 19.43%
3 Communication Services 16.76%
4 Utilities 15.14%
5 Financials 6.68%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
HES
26
DELISTED
Hess
HES
$92.2M 1.06%
+625,000
New +$95.8M
ASML icon
27
ASML
ASML
$677B
$81.8M 0.94%
+80,000
New +$76.9M
MSCI icon
28
MSCI
MSCI
$41B
$72.3M 0.83%
+150,000
New +$74.4M
EQT icon
29
EQT Corp
EQT
$33.6B
$72.1M 0.83%
1,950,000
– –
APO.PRA
30
DELISTED
Apollo Global Management Series A
APO.PRA
$59M 0.68%
900,000
– –
CRH icon
31
CRH
CRH
$63.2B
$48.7M 0.56%
+650,000
New +$51.9M
TDS icon
32
Telephone and Data Systems
TDS
$3.87B
$47M 0.54%
2,266,060
+129,228
+6% +$2.34M
GB
33
DELISTED
Global Blue Group Holding
GB
$40.4M 0.46%
8,387,601
– –
MU icon
34
Micron Technology
MU
$1.09T
$36.1M 0.41%
+275,000
New +$34.7M
AD
35
Array Digital Infrastructure
AD
$3.08B
$30.4M 0.35%
545,344
– –
HTZWW
36
Hertz Global Holdings Warrants
HTZWW
$93.8M
$9.73M 0.11%
3,970,000
– –
DT icon
37
Dynatrace
DT
$14.2B
$6.71M 0.08%
+150,000
New +$6.91M
FLYX icon
38
flyExclusive
FLYX
$134M
$4.12M 0.05%
1,022,000
– –
AUR icon
39
Aurora
AUR
$12.5B
$2.86M 0.03%
1,032,463
– –
NPWR.WS icon
40
NET Power Inc Warrants
NPWR.WS
$20.8M
$1.14M 0.01%
500,000
– –
AUROW
41
Aurora Innovation Warrant
AUROW
$246M
$380K ﹤0.01%
1,835,000
– –
FLYX.WS icon
42
flyExclusive Inc Warrants
FLYX.WS
$204K ﹤0.01%
367,499
– –
GB.WS
43
DELISTED
Global Blue Group Holding AG Warrants exercisable for one Ordinary Share of Global Blue Group Holding AG at a price of $11.50 per share
GB.WS
$107K ﹤0.01%
1,333,333
– –
JWSM.WS
44
DELISTED
Jaws Mustang Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
JWSM.WS
$100K ﹤0.01%
1,000,000
– –
GS icon
45
Goldman Sachs
GS
$303B
– –
-250,000
Closed -$104M
IT icon
46
Gartner
IT
$12.4B
– –
-55,000
Closed -$26.2M
MRVL icon
47
Marvell Technology
MRVL
$213B
– –
-1,525,000
Closed -$108M
PTEN icon
48
Patterson-UTI
PTEN
$4.71B
– –
-150,000
Closed -$1.79M
SPGI icon
49
S&P Global
SPGI
$127B
– –
-335,000
Closed -$143M
TDS icon
50
CALL
Telephone and Data Systems
TDS
$3.87B
– –
-750,000
Closed -$12M
1
2
3

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JRP
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EC
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LIM
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OCBCO
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Daniel Loeb's Q2 2024 Portfolio in Review

As of Q2 2024, Daniel Loeb held 51 positions worth $8.74B, up 11% from $7.85B the previous quarter. Its ten largest holdings account for 65% of the portfolio.

Daniel Loeb deployed $644M of net new capital in Q2 2024, opening 11 new positions and adding to 5 existing holdings. Its largest new stake was Apple: 1,950,000 shares worth $411M.

By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 17% a quarter earlier, followed by Consumer Discretionary and Communication Services.

On the sell side, the largest reduction was Alphabet (Google) Class A, an estimated $172M trimmed.

  • Daniel Loeb's largest Q2 2024 buy was Apple: 1,950,000 shares worth $411M.
  • Daniel Loeb added most to TSMC in Q2 2024, an estimated $129M increase.
  • Daniel Loeb's biggest Q2 2024 reduction was Alphabet (Google) Class A, cutting an estimated $172M.
  • Daniel Loeb fully exited S&P Global in Q2 2024, selling an estimated $143M.
  • Daniel Loeb's ten largest holdings make up 65% of its $8.74B portfolio in Q2 2024.
  • Daniel Loeb opened 11 new positions and closed 7 in Q2 2024.
  • Daniel Loeb's portfolio value rose 11% quarter-over-quarter to $8.74B.

Based on Third Point's 13F filing for Q2 2024, filed 14 Aug 2024.