Latest Third Point LLC Stock Portfolio
Third Point LLC Performance:
2024 Q3: 4.11%YTD: 16.22%2023: 14.64%
Performance for 2024 Q3 is 4.11%, and YTD is 16.22%, and 2023 is 14.64%.
About Third Point LLC and 13F Hedge Fund Stock Holdings
In it's latest 13F Holdings report, Third Point LLC reported an equity portfolio of $7.4 Billions as of 30 Sep, 2024.
The top stock holdings of Third Point LLC are PCG, AMZN, DHR. The fund has invested 13.2% of it's portfolio in PG&E CORP and 9.3% of portfolio in AMAZON COM INC.
The fund managers got completely rid off ALPHABET INC (GOOG), AMERICAN INTL GROUP INC (AIG) and VERIZON COMMUNICATIONS INC (VZ) stocks. They significantly reduced their stock positions in APPLE INC (AAPL), META PLATFORMS INC (META) and MICROSOFT CORP (MSFT). Third Point LLC opened new stock positions in BROOKFIELD CORP, LPL FINL HLDGS INC (LPLA) and CARPENTER TECHNOLOGY CORP (CRS). The fund showed a lot of confidence in some stocks as they added substantially to CRH PLC (CRH), INTERCONTINENTAL EXCHANGE IN (ICE) and LIVE NATION ENTERTAINMENT IN (LYV).
The top stock holdings of Third Point LLC are PCG, AMZN, DHR. The fund has invested 13.2% of it's portfolio in PG&E CORP and 9.3% of portfolio in AMAZON COM INC.
The fund managers got completely rid off ALPHABET INC (GOOG), AMERICAN INTL GROUP INC (AIG) and VERIZON COMMUNICATIONS INC (VZ) stocks. They significantly reduced their stock positions in APPLE INC (AAPL), META PLATFORMS INC (META) and MICROSOFT CORP (MSFT). Third Point LLC opened new stock positions in BROOKFIELD CORP, LPL FINL HLDGS INC (LPLA) and CARPENTER TECHNOLOGY CORP (CRS). The fund showed a lot of confidence in some stocks as they added substantially to CRH PLC (CRH), INTERCONTINENTAL EXCHANGE IN (ICE) and LIVE NATION ENTERTAINMENT IN (LYV).
Third Point LLC Annual Return Estimates Vs S&P 500
Our best estimate is that Third Point LLC made a return of 4.11% in the last quarter. In trailing 12 months, it's portfolio return was 30.98%.
New Buys
| Ticker | $ Bought |
|---|---|
| brookfield corp | 251,134,000 |
| ferguson enterprises inc | 191,620,000 |
| flutter entmt plc | 121,013,000 |
| lpl finl hldgs inc | 112,826,000 |
| carpenter technology corp | 105,323,000 |
| tesla inc | 104,652,000 |
| cvs health corp | 99,036,000 |
| ansys inc | 81,250,600 |
New stocks bought by Third Point LLC
Additions
| Ticker | % Inc. |
|---|---|
| crh plc | 215 |
| intercontinental exchange in | 108 |
| live nation entertainment in | 71.43 |
| telephone & data sys inc | 26.87 |
Additions to existing portfolio by Third Point LLC
Reductions
| Ticker | % Reduced |
|---|---|
| apple inc | -52.31 |
| meta platforms inc | -50.45 |
| microsoft corp | -44.94 |
| amphenol corp new | -42.86 |
| vistra corp | -28.97 |
| amazon com inc | -27.45 |
| taiwan semiconductor mfg ltd | -12.1 |
| pg&e corp | -7.44 |
Third Point LLC reduced stake in above stock
Sold off
| Ticker | $ Sold |
|---|---|
| verizon communications inc | -192,797,000 |
| american intl group inc | -256,128,000 |
| kb home | -147,378,000 |
| uber technologies inc | -152,628,000 |
| alphabet inc | -360,657,000 |
| advance auto parts inc | -94,617,300 |
| international flavors&fragra | -123,773,000 |
| ferguson plc new | -186,872,000 |
Third Point LLC got rid off the above stocks
Sector Distribution
Third Point LLC has about 18.5% of it's holdings in Utilities sector.
| Sector | % |
|---|---|
| Utilities | 18.5 |
| Others | 18.1 |
| Consumer Cyclical | 15.7 |
| Technology | 12.4 |
| Communication Services | 11.6 |
| Healthcare | 8.6 |
| Financial Services | 6 |
| Industrials | 4.4 |
| Basic Materials | 2.6 |
| Energy | 2.1 |
Market Cap. Distribution
Third Point LLC has about 68.5% of it's portfolio invested in the large-cap and mega-cap stocks.
| Category | % |
|---|---|
| LARGE-CAP | 45.7 |
| MEGA-CAP | 22.8 |
| UNALLOCATED | 20.6 |
| MID-CAP | 10.5 |
Stocks belong to which Index?
About 72.1% of the stocks held by Third Point LLC either belong to S&P 500 or RUSSELL 2000 index.
| Index | % |
|---|---|
| S&P 500 | 67 |
| Others | 27.9 |
| RUSSELL 2000 | 5.1 |
Third Point LLC Holdings Map
This heatmap illustrates the top 50 positions within the fund's portfolio.
Current Stock Holdings of Third Point LLC
Third Point LLC has 42 stocks in it's portfolio. About 61.3% of the portfolio is in top 10 stocks. BBWI proved to be the most loss making stock for the portfolio. PCG was the most profitable stock for Third Point LLC last quarter.
Last Reported on: 14 Nov, 2024| Ticker | Namesorted ascending | % Portfolio | Shares Held | $ Value | Type | % Change | Options | |
|---|---|---|---|---|---|---|---|---|
| AAP | advance auto parts inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AAPL | apple inc | 2.92 | 930,000 | 216,690,000 | reduced | -52.31 | ||
| AIG | american intl group inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| AMZN | amazon com inc | 9.28 | 3,700,000 | 689,421,000 | reduced | -27.45 | ||
| ANSS | ansys inc | 1.09 | 255,000 | 81,250,600 | new | |||
| APH | amphenol corp new | 1.40 | 1,600,000 | 104,256,000 | reduced | -42.86 | ||
| AUR | aurora innovation inc | 0.08 | 1,032,460 | 6,112,180 | unchanged | 0.00 | ||
| AUR | aurora innovation inc | 0.02 | 1,835,000 | 1,521,220 | unchanged | 0.00 | ||
| BBWI | bath & body works inc | 5.06 | 11,785,000 | 376,177,000 | reduced | -1.59 | ||
| CCO | clear channel outdoor hldgs | 0.02 | 850,000 | 1,360,000 | new | |||
| CNK | cinemark hldgs inc | 2.62 | 7,000,000 | 194,880,000 | unchanged | 0.00 | ||
| CRH | crh plc | 2.56 | 2,050,000 | 190,117,000 | added | 215 | ||
| CRS | carpenter technology corp | 1.42 | 660,000 | 105,323,000 | new | |||
| CVS | cvs health corp | 1.33 | 1,575,000 | 99,036,000 | new | |||
| DHR | danaher corporation | 7.30 | 1,950,000 | 542,139,000 | reduced | -4.88 | ||
| DT | dynatrace inc | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| EQT | eqt corp | 0.96 | 1,950,000 | 71,448,000 | unchanged | 0.00 | ||
| FERG | ferguson plc new | 0.00 | 0.00 | 0.00 | sold off | -100 | ||
| GB | global blue group holding ag | 0.62 | 8,387,600 | 45,880,200 | unchanged | 0.00 | ||
| GB | global blue group holding ag | 0.00 | 1,333,330 | 111,600 | unchanged | 0.00 | ||