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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
+14.26%
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
$5.97B
AUM Growth
+$433M
Cap. Flow
+$26.8M
Cap. Flow %
0.45%
Top 10 Hldgs %
80.33%
Holding
65
New
5
Increased
4
Reduced
4
Closed
21

Top Buys

Rank Stock Value
1
AIG icon
American International
AIG
+$297M
2
MSFT icon
Microsoft
MSFT
+$283M
3
IFF icon
International Flavors & Fragrances
IFF
+$226M
4
BBWI icon
Bath & Body Works
BBWI
+$209M
5
FIS icon
Fidelity National Information Services
FIS
+$142M

Top Sells

Rank Stock Value
1
TWTR
Twitter, Inc.
TWTR
+$241M
2
EQT icon
EQT Corp
EQT
+$132M
3
RRC icon
Range Resources
RRC
+$98.5M
4
VTYX
Ventyx Biosciences
VTYX
+$98.1M
5
TMUS icon
T-Mobile US
TMUS
+$93.9M

Sector Composition

Rank Sector Weight
1 Healthcare 19.27%
2 Utilities 16.1%
3 Consumer Staples 15.25%
4 Consumer Discretionary 13.27%
5 Technology 11.27%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
TMUS icon
51
T-Mobile US
TMUS
$196B
– –
-700,000
Closed -$93.9M
TPIC
52
DELISTED
TPI Composites
TPIC
– –
-100,000
Closed -$1.13M
TTWO icon
53
Take-Two Interactive
TTWO
$44.8B
– –
-500,000
Closed -$54.5M
WGS icon
54
GeneDx Holdings
WGS
$2.6B
– –
-168,030
Closed -$4.87M
CANO
55
DELISTED
Cano Health, Inc.
CANO
– –
-108,250
Closed -$93.9M
CPUH
56
DELISTED
Compute Health Acquisition Corp.
CPUH
– –
-2,500,000
Closed -$24.7M
AGCB
57
DELISTED
Altimeter Growth Corp 2
AGCB
– –
-1,285,000
Closed -$12.7M
STRY.WS
58
DELISTED
Starry Group Holdings, Inc. Warrants, each whole warrant exercisable to purchase 1.2415 shares of Class A common stock at an exercise price of $11.50 per 1.2415 shares of Class A common stock
STRY.WS
– –
-505,000
Closed -$66K
LHAA
59
DELISTED
Lerer Hippeau Acquisition Corp. Class A Common Stock
LHAA
– –
-1,250,000
Closed -$12.3M
IACC
60
DELISTED
ION Acquisition Corp 3 Ltd.
IACC
– –
-1,800,000
Closed -$17.8M
CRHC.WS
61
DELISTED
Cohn Robbins Holdings Corp. Redeemable warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
CRHC.WS
– –
-833,332
Closed -$19K
TWTR
62
DELISTED
Twitter, Inc.
TWTR
– –
-5,500,000
Closed -$241M
AVAN.WS
63
DELISTED
Avanti Acquisition Corp. Redeemable Warrants, each whole warrant exercisable for one Class A ordinary share at an exercise price of $11.50
AVAN.WS
– –
-1,500,000
Closed -$34K
AVAN
64
DELISTED
Avanti Acquisition Corp.
AVAN
– –
-3,000,000
Closed -$30.1M
1 2
3

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Daniel Loeb's Q4 2022 Portfolio in Review

As of Q4 2022, Daniel Loeb held 65 positions worth $5.97B, up 7.8% from $5.53B the previous quarter. Its ten largest holdings account for 80% of the portfolio.

Daniel Loeb's Q4 2022 filing shows 5 new, 4 increased, 4 reduced and 21 closed positions. Its largest new stake was American International: 5,100,000 shares worth $323M. The largest sale was Twitter, Inc., an estimated $241M.

By sector, the portfolio is most concentrated in Healthcare at 19% of assets, down from 23% a quarter earlier, followed by Utilities and Consumer Staples.

  • Daniel Loeb's largest Q4 2022 buy was American International: 5,100,000 shares worth $323M.
  • Daniel Loeb added most to Bath & Body Works in Q4 2022, an estimated $209M increase.
  • Daniel Loeb's biggest Q4 2022 reduction was Ventyx Biosciences, cutting an estimated $98.1M.
  • Daniel Loeb fully exited Twitter, Inc. in Q4 2022, selling an estimated $241M.
  • Daniel Loeb's ten largest holdings make up 80% of its $5.97B portfolio in Q4 2022.
  • Daniel Loeb opened 5 new positions and closed 21 in Q4 2022.
  • Daniel Loeb's portfolio value rose 7.8% quarter-over-quarter to $5.97B.

Based on Third Point's 13F filing for Q4 2022, filed 14 Feb 2023.