We are live on ! Find out more
DL

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
+10.26%
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
$7.43B
AUM Growth
-$1.31B
Cap. Flow
-$1.79B
Cap. Flow %
-24.06%
Top 10 Hldgs %
61.29%
Holding
53
New
9
Increased
4
Reduced
12
Closed
11

Top Buys

Rank Stock Value
1
BN icon
Brookfield
BN
+$224M
2
ICE icon
Intercontinental Exchange
ICE
+$167M
3
CRH icon
CRH
CRH
+$118M
4
LPLA icon
LPL Financial
LPLA
+$109M
5
FLUT icon
Flutter Entertainment
FLUT
+$106M

Top Sells

Rank Stock Value
1
GOOGL icon
Alphabet (Google) Class A
GOOGL
+$361M
2
MSFT icon
Microsoft
MSFT
+$304M
3
META icon
Meta Platforms (Facebook)
META
+$286M
4
AIG icon
American International
AIG
+$256M
5
AMZN icon
Amazon
AMZN
+$255M

Sector Composition

Rank Sector Weight
1 Technology 20.24%
2 Utilities 18.5%
3 Consumer Discretionary 17.46%
4 Communication Services 11.59%
5 Financials 11%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MU icon
51
Micron Technology
MU
$1.09T
– –
-275,000
Closed -$36.1M
UBER icon
52
Uber
UBER
$161B
– –
-2,100,000
Closed -$153M
VZ icon
53
Verizon
VZ
$205B
– –
-4,675,000
Closed -$193M
1 2
3

Similar funds

CA
CSM Advisors Warrendale, Pennsylvania $4.68B AUM 43.65% 1-Year Est. Return
TCIM
TOMS Capital Investment Management New York $4.67B AUM 83.55% 1-Year Est. Return
JRP
Jasper Ridge Partners Menlo Park, California $4.69B AUM 31.34% 1-Year Est. Return
EC
ECP ControlCo Summit, New Jersey $4.67B AUM 13.65% 1-Year Est. Return
LIM
Lingotto Investment Management London, United Kingdom $4.67B AUM 70.24% 1-Year Est. Return
CCC
Cable Car Capital San Francisco, California $4.66B AUM 77.16% 1-Year Est. Return
OCBCO
Oversea-Chinese Banking Corp (OCBC) Singapore $4.66B AUM 47.62% 1-Year Est. Return
SCM
Smead Capital Management Phoenix, Arizona $4.66B AUM 41.77% 1-Year Est. Return

Daniel Loeb's Q3 2024 Portfolio in Review

As of Q3 2024, Daniel Loeb held 53 positions worth $7.43B, down 15% from $8.74B the previous quarter. Its ten largest holdings account for 61% of the portfolio.

Daniel Loeb withdrew a net $1.79B in Q3 2024, closing 11 positions and reducing 12 holdings. Its most notable exit was Alphabet (Google) Class A, an estimated $361M position sold in full.

By sector, the portfolio is most concentrated in Technology at 20% of assets, down from 26% a quarter earlier, followed by Utilities and Consumer Discretionary.

Against the trend, Daniel Loeb opened a new position in Brookfield worth $251M.

  • Daniel Loeb's largest Q3 2024 buy was Brookfield: 7,087,500 shares worth $251M.
  • Daniel Loeb added most to Intercontinental Exchange in Q3 2024, an estimated $167M increase.
  • Daniel Loeb's biggest Q3 2024 reduction was Microsoft, cutting an estimated $304M.
  • Daniel Loeb fully exited Alphabet (Google) Class A in Q3 2024, selling an estimated $361M.
  • Daniel Loeb's ten largest holdings make up 61% of its $7.43B portfolio in Q3 2024.
  • Daniel Loeb opened 9 new positions and closed 11 in Q3 2024.
  • Daniel Loeb's portfolio value fell 15% quarter-over-quarter to $7.43B.

Based on Third Point's 13F filing for Q3 2024, filed 14 Nov 2024.