We are live on !
Find out more
Daniel Loeb Third Point
AUM
$4.68B
Turnover
50%
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
+1.61%
1 Year Est. Return
+37.3%
3 Year Est. Return
+159.49%
5 Year Est. Return
+329.12%
10 Year Est. Return
+1,791.94%
AUM
$8.71B
AUM Growth
+$581M
(+7.1%)
Cap. Flow
+$200M
Cap. Flow % of AUM
Cap. Flow %
2.3%
Top 10 Holdings %
Top 10 Hldgs %
57.59%
Holding
54
New
13
Increased
9
Reduced
11
Closed
13
Avg Time Held
Equity + Options
0.5
years
Top 10 Avg Time Held
Equity + Options
0.3
years
Top 20 Avg Time Held
Equity + Options
0.4
years
Avg Time Held Equity only
0.5
years
Top 10 Avg Time Held Equity only
0.3
years
Top 20 Avg Time Held Equity only
0.5
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$647M |
| 2 |
eBay
EBAY
|
+$238M |
| 3 |
BBBY
Bed Bath & Beyond Inc
BBBY
|
+$189M |
| 4 |
SHPG
Shire pic
SHPG
|
+$186M |
| 5 |
Parker-Hannifin
PH
|
+$152M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
American International
AIG
|
+$327M |
| 2 |
T-Mobile US
TMUS
|
+$269M |
| 3 |
RAX
Rackspace Hosting Inc
RAX
|
+$244M |
| 4 |
Herc Holdings
HRI
|
+$161M |
| 5 |
Williams Companies
WMB
|
+$129M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Materials | 15.67% |
| 2 | Consumer Discretionary | 14.91% |
| 3 | Healthcare | 12.94% |
| 4 | Consumer Staples | 11.45% |
| 5 | Financials | 11.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
1
DuPont de Nemours
DD
$17.6B
| $1.15B | 13.24% |
8,687,384
| – | – |
2013 Q4
3 quarters
|
|
2
Ally Financial
ALLY
$11.5B
| $970M | 11.13% |
41,915,000
-3,680,000
| -8% | -$87.9M |
2014 Q2
1 quarter
|
|
|
AGN
3
DELISTED
Allergan plc
AGN
| $694M | 7.96% |
2,875,000
+375,000
| +15% | +$83.9M |
2014 Q1
2 quarters
|
|
|
4
Alibaba
BABA
$271B
| $640M | 7.34% |
+7,200,000
| New | +$647M |
2014 Q3
0 quarters
|
|
|
5
CALL
DuPont de Nemours
DD
$17.6B
| $380M | 4.36% |
+2,862,888
| New | +$382M |
2014 Q3
0 quarters
|
|
|
6
eBay
EBAY
$53.5B
| $255M | 2.92% |
+10,692,000
| New | +$238M |
2014 Q3
0 quarters
|
|
7
Dollar General
DG
$29.6B
| $244M | 2.81% |
4,000,000
| – | – |
2013 Q2
5 quarters
|
|
|
BID
8
DELISTED
Sotheby's
BID
| $238M | 2.73% |
6,650,000
| – | – |
2013 Q2
5 quarters
|
|
9
Sensata Technologies
ST
$5.91B
| $223M | 2.56% |
5,000,000
+2,000,000
| +67% | +$94.8M |
2014 Q1
2 quarters
|
|
10
AB InBev
BUD
$163B
| $222M | 2.54% |
2,000,000
+250,000
| +14% | +$27.9M |
2014 Q1
2 quarters
|
|
11
Liberty Global Class C
LBTYK
$2.62B
| $217M | 2.49% |
6,551,309
| – | – |
2013 Q2
5 quarters
|
|
12
CF Industries
CF
$18.3B
| $212M | 2.44% |
3,800,000
-725,000
| -16% | -$36.8M |
2014 Q1
2 quarters
|
|
13
DELISTED
Anadarko Petroleum
APC
| $203M | 2.33% |
2,000,000
+100,000
| +5% | +$10.8M |
2013 Q2
5 quarters
|
|
|
BBBY
14
DELISTED
Bed Bath & Beyond Inc
BBBY
| $197M | 2.27% |
+3,000,000
| New | +$189M |
2014 Q3
0 quarters
|
|
|
SHPG
15
DELISTED
Shire pic
SHPG
| $194M | 2.23% |
+750,000
| New | +$186M |
2014 Q3
0 quarters
|
|
16
Masco
MAS
$14.4B
| $194M | 2.22% |
9,217,800
-455,200
| -5% | -$9M |
2014 Q1
2 quarters
|
|
17
Roper Technologies
ROP
$37.9B
| $190M | 2.18% |
1,300,000
| – | – |
2014 Q1
2 quarters
|
|
18
Coca-Cola Europacific Partners
CCEP
$49.4B
| $189M | 2.16% |
4,250,000
+900,000
| +27% | +$42.2M |
2013 Q2
5 quarters
|
|
19
Amgen
AMGN
$234B
| $186M | 2.14% |
1,325,000
+875,000
| +194% | +$114M |
2014 Q2
1 quarter
|
|
20
Constellation Brands
STZ
$22.2B
| $183M | 2.1% |
2,100,000
-100,000
| -5% | -$8.7M |
2013 Q2
5 quarters
|
|
|
21
Parker-Hannifin
PH
$121B
| $147M | 1.69% |
+1,288,300
| New | +$152M |
2014 Q3
0 quarters
|
|
22
Broadcom
AVGO
$1.57T
| $144M | 1.65% |
16,500,000
-3,500,000
| -18% | -$27.3M |
2014 Q1
2 quarters
|
|
23
YPF Sociedad Anonima ADS
YPF
$20.4B
| $139M | 1.59% |
3,750,000
-2,500,000
| -40% | -$87.6M |
2014 Q1
2 quarters
|
|
24
H&R Block
HRB
$5.96B
| $138M | 1.58% |
4,448,000
+148,000
| +3% | +$4.83M |
2014 Q1
2 quarters
|
|
25
EQT Corp
EQT
$34B
| $137M | 1.58% |
2,755,500
+2,149,290
| +355% | +$114M |
2013 Q3
4 quarters
|
|
Similar funds
TCIM
Daniel Loeb's Q3 2014 Portfolio in Review
As of Q3 2014, Daniel Loeb held 54 positions worth $8.71B, up 7.1% from $8.13B the previous quarter. Its ten largest holdings account for 58% of the portfolio.
Daniel Loeb's Q3 2014 filing shows 13 new, 9 increased, 11 reduced and 13 closed positions. Its largest new stake was Alibaba: 7,200,000 shares worth $640M. The largest sale was American International, an estimated $327M.
By sector, the portfolio is most concentrated in Materials at 16% of assets, down from 19% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Daniel Loeb's largest Q3 2014 buy was Alibaba: 7,200,000 shares worth $640M.
- Daniel Loeb added most to Amgen in Q3 2014, an estimated $114M increase.
- Daniel Loeb's biggest Q3 2014 reduction was Williams Companies, cutting an estimated $129M.
- Daniel Loeb fully exited American International in Q3 2014, selling an estimated $327M.
- Daniel Loeb's ten largest holdings make up 58% of its $8.71B portfolio in Q3 2014.
- Daniel Loeb opened 13 new positions and closed 13 in Q3 2014.
- Daniel Loeb's portfolio value rose 7.1% quarter-over-quarter to $8.71B.
Based on Third Point's 13F filing for Q3 2014, filed 14 Nov 2014.