Activist
Dan Loeb
Q2 2026 13F: 40 holdings worth about $4.6B; that quarter 16 new, 13 added, 4 trimmed, 9 sold out.
13F lists only long positions in US-listed stocks (and some ETFs and convertibles); short positions, cash, bonds, shares listed outside the US and private companies are not shown, so this is not the giant’s whole portfolio.
Why This Giant Is Included
- Rule numbers (Q2 2026): 40 holdings, top 10 = 61%, stocks $4.6B, options 1%; all four rules met
- Source for the value approach: Investment Strategy - Third Point (Third Point LLC): “An event-driven and value approach helps us identify catalysts in mergers and acquisitions, restructurings, and other special situations that will unlock value.” (checked 2026-10-11)
13F value
$4.6B
previous $2.1B (+122.9%)
Holdings
40
16 new / 9 sold out
Net deploymentest.
+100.1%
est. net buying ÷ last quarter’s portfolio
Top-10 concentration
61%
overlap with the composite 12%
Turnoverest.
9.6%
held 5 quarters on average
I
Trades in Q2 2026
Sorted by position shift: how many percentage points of the portfolio the trade moved.
How to Read This
Share changes are split-adjusted. Est. trade price = (start + end price) ÷ 2; 13F does not show the actual trade date or price.
II
All Holdings (39 Companies)
Share classes of one company are combined; click a heading to re-sort.
How to Read This
Est. average cost: shares bought each quarter × (start + end price) ÷ 2, weighted; trims do not change the cost. Positions held before Q1 1999 (or the giant’s earliest electronic filing) start from that quarter’s price and are marked ‘start point’. vs cost = quarter-end price ÷ est. average cost − 1, excluding dividends.
| Company | Weight (prev.) | Value | This quarter | Quarter-end price | vs cost |
|---|---|---|---|---|---|
| WBDWarner Bros. Discovery, Inc | 11.5%— | $533.2M | New | $26.66 | −1% |
| AMZNAmazon.com Inc | 9.0%19.4% | $417.1M | Trimmed −10% | $238.34 | +70% |
| GOOGLAlphabet Inc | 7.9%2.4% | $366.3M | Added +486% | $357.37 | +12% |
| CRHCRH PLC | 5.1%9.6% | $234.9M | Added +16% | $107.00 | +15% |
| TDSTelephone and Data Systems | 5.0%13.3% | $232.2M | Trimmed −5% | $37.01 | +55% |
| TSMTaiwan Semiconductor Manufacturing | 4.7%4.5% | $219.7M | Added +67% | $477.57 | +102% |
| LYVLive Nation Entertainment, Inc | 4.5%3.4% | $207.8M | Added +144% | $183.11 | +25% |
| KEYSKeysight Technologies, Inc | 4.4%— | $204.8M | New | $350.07 | +11% |
| SGISomnigroup International Inc | 4.3%8.1% | $201.5M | Added +13% | $78.40 | +1% |
| XYZBlock, Inc | 4.2%— | $194.5M | New | $76.00 | 0% |
| NSCNorfolk Southern Corp | 4.1%1.4% | $188.8M | Added +500% | $314.59 | +6% |
| FLEXFlex Ltd | 3.6%— | $166.9M | New | $162.07 | +42% |
| COFCapital One Financial Corp | 3.6%1.2% | $165.5M | Added +489% | $200.62 | +6% |
| HUTHut 8 Corp | 3.3%2.0% | $151.8M | Added +51% | $115.44 | +97% |
| CRSCarpenter Technology | 2.9%5.9% | $132.6M | Trimmed −31% | $616.84 | +296% |
| APGAPi Group Corp | 2.6%3.9% | $121.3M | Added +41% | $42.35 | +12% |
| MTZMasTec Inc | 2.6%4.9% | $120.7M | Trimmed −9% | $416.06 | +112% |
| TDGTransDigm Group Inc | 2.3%1.4% | $105.2M | Added +216% | $1,332 | +7% |
| DHRDanaher Corp | 2.2%4.8% | $102.9M | Added +3% | $190.48 | −10% |
| UNPUnion Pacific Corp | 2.1%1.2% | $95.2M | Added +250% | $272.00 | +9% |
| TTMITTM Technologies | 2.0%— | $94.4M | New | $187.02 | +32% |
| —Alphabet Inc | 1.6%— | $76.2M | New | $50.89 | 0% |
| PFGCPerformance Food Group Co | 1.6%— | $75.5M | New | $111.79 | +13% |
| ASMLASML Holding NV | 1.3%0.8% | $59.6M | Added +150% | $1,989 | +35% |
| SYYSysco Corp | 1.0%— | $48.2M | New | $83.58 | +8% |
| ARESAres Management Corp | 0.9%— | $41.7M | New | $111.31 | +1% |
| SPCXSpace Exploration Technologies Corp | 0.7%— | $30.8M | New | $170.86 | 0% |
| SRTAStrata Critical Medical, Inc | 0.6%1.0% | $26.4M | Held | $5.27 | +16% |
| SPRYArs Pharmaceuticals Inc | 0.2%0.4% | $8.0M | Held | $8.01 | −26% |
| AURAurora Innovation, Inc | 0.2%0.2% | $7.0M | Held | $6.82 | +8% |
| HTZWWHertz Global Holdings, Inc | 0.1%0.4% | $4.3M | Held | $1.09 | −88% |
| FLYXFlyexclusive Inc | 0.0%0.1% | $2.0M | Held | $2.00 | −64% |
| BLCOBausch & Lomb Corp | 0.0%— | $1.4M | New | $16.56 | +2% |
| CORZCore Scientific, Inc./tx | 0.0%— | $1.4M | New | $25.59 | +26% |
| EROCERock, Inc | 0.0%— | $1.2M | New | $14.50 | 0% |
| APLDApplied Digital Corp | 0.0%— | $821K | New | $37.30 | 0% |
| AUROWAurora Innovation, Inc | 0.0%0.0% | $587K | Held | $0.32 | −89% |
| WOLFWolfspeed Inc | 0.0%— | $482K | New | $48.25 | 0% |
| FLYX.WSEg Acquisition Corp-A -CW28 | 0.0%0.0% | $77K | Held | $0.21 | −66% |
III
Portfolio Map: Size Is Weight, Colour Is Gain or Loss against Cost
How to Read This
Each block is a company (up to 60); area = portfolio weight. The darker the colour, the further the quarter-end price is above (or below) the estimated cost: light 5–25%, medium 25–100%, darkest over 100%; grey is within 5%.
above costbelow costwithin 5%
IV
Over Time
From Q3 1999, 108 quarters (this giant’s electronic 13F filings).
13F Value
Holdings
Top-10 Concentration
Turnover (Est.)
Sector Mix
Information technologyFinancialsCommunication & mediaConsumer discretionaryIndustrialsHealth careEnergyOther (incl. unclassified)
V
Quarter by Quarter, with the Original Filings
* = not counted in that quarter’s totals. Links open the original SEC filing; 13F-HR/A is an amendment.
Show 108 Quarters
| Quarter | Holdings | 13F value | SEC |
|---|---|---|---|
| Q2 2026 | 40 | $4.6B | 13F-HR |
| Q1 2026 | 33 | $2.1B | 13F-HR |
| Q4 2025 | 43 | $7.3B | 13F-HR |
| Q3 2025 | 43 | $8.4B | 13F-HR |
| Q2 2025 | 50 | $7.6B | 13F-HR |
| Q1 2025 | 43 | $6.4B | 13F-HR |
| Q4 2024 | 43 | $7.4B | 13F-HR |
| Q3 2024 | 42 | $7.4B | 13F-HR |
| Q2 2024 | 44 | $8.7B | 13F-HR |
| Q1 2024 | 39 | $7.8B | 13F-HR |
| Q4 2023 | 37 | $6.6B | 13F-HR |
| Q3 2023 | 40 | $6.5B | 13F-HR |
| Q2 2023 | 45 | $6.8B | 13F-HR |
| Q1 2023 | 46 | $6.1B | 13F-HR |
| Q4 2022 | 43 | $6.0B | 13F-HR |
| Q3 2022 | 59 | $5.5B | 13F-HR |
| Q2 2022 | 57 | $4.2B | 13F-HR |
| Q1 2022 | 75 | $7.7B | 13F-HR |
| Q4 2021 | 91 | $14.3B | 13F-HR |
| Q3 2021 | 112 | $18.3B | 13F-HR |
| Q2 2021 | 125 | $17.1B | 13F-HR |
| Q1 2021 | 124 | $14.8B | 13F-HR |
| Q4 2020 | 74 | $13.0B | 13F-HR |
| Q3 2020 | 46 | $10.0B | 13F-HR |
| Q2 2020 | 35 | $7.3B | 13F-HR |
| Q1 2020 | 30 | $6.3B | 13F-HR |
| Q4 2019 | 37 | $8.7B | 13F-HR |
| Q3 2019 | 40 | $8.4B | 13F-HR |
| Q2 2019 | 42 | $8.5B | 13F-HR |
| Q1 2019 | 30 | $8.9B | 13F-HR |
| Q4 2018 | 22 | $6.5B | 13F-HR |
| Q3 2018 | 31 | $14.3B | 13F-HR |
| Q2 2018 | 37 | $14.3B | 13F-HR |
| Q1 2018 | 38 | $12.6B | 13F-HR |
| Q4 2017 | 43 | $13.5B | 13F-HR |
| Q3 2017 | 37 | $11.9B | 13F-HR |
| Q2 2017 | 32 | $11.3B | 13F-HR |
| Q1 2017 | 37 | $10.1B | 13F-HR |
| Q4 2016 | 38 | $10.2B | 13F-HR |
| Q3 2016 | 38 | $11.5B | 13F-HR |
| Q2 2016 | 39 | $10.4B | 13F-HR |
| Q1 2016 | 35 | $10.7B | 13F-HR |
| Q4 2015 | 27 | $9.9B | 13F-HR |
| Q3 2015 | 28 | $10.3B | 13F-HR |
| Q2 2015 | 41 | $10.1B | 13F-HR |
| Q1 2015 | 35 | $10.0B | 13F-HR 13F-HR/A |
| Q4 2014 | 39 | $11.1B | 13F-HR |
| Q3 2014 | 39 | $8.3B | 13F-HR |
| Q2 2014 | 40 | $8.1B | 13F-HR |
| Q1 2014 | 44 | $6.4B | 13F-HR |
| Q4 2013 | 39 | $5.3B | 13F-HR |
| Q3 2013 | 32 | $4.1B | 13F-HR 13F-HR/A |
| Q2 2013 | 24 | $4.4B | 13F-HR |
| Q1 2013 | 35 | $5.3B | 13F-HR |
| Q4 2012 | 38 | $5.5B | 13F-HR |
| Q3 2012 | 37 | $5.1B | 13F-HR |
| Q2 2012 | 39 | $3.3B | 13F-HR 13F-HR/A |
| Q1 2012 | 39 | $4.1B | 13F-HR |
| Q4 2011 | 38 | $2.5B | 13F-HR |
| Q3 2011 | 34 | $2.1B | 13F-HR |
| Q2 2011 | 40 | $2.7B | 13F-HR |
| Q1 2011 | 47 | $2.3B | 13F-HR |
| Q4 2010 | 51 | $1.9B | 13F-HR |
| Q3 2010 | 29 | $1.0B | 13F-HR 13F-HR/A |
| Q2 2010 | 25 | $906.0M | 13F-HR |
| Q1 2010 | 39 | $1.4B | 13F-HR |
| Q4 2009 | 37 | $1.0B | 13F-HR 13F-HR/A |
| Q3 2009 | 45 | $1.2B | 13F-HR |
| Q2 2009 | 35 | $898.4M | 13F-HR |
| Q1 2009 | 29 | $516.9M | 13F-HR |
| Q4 2008 | 37 | $795.6M | 13F-HR |
| Q3 2008 | 59 | $1.7B | 13F-HR |
| Q2 2008 | 70 | $3.9B | 13F-HR |
| Q1 2008 | 79 | $3.3B | 13F-HR 13F-HR/A |
| Q4 2007 | 73 | $3.2B | 13F-HR 13F-HR/A |
| Q3 2007 | 77 | $4.9B | 13F-HR 13F-HR/A |
| Q2 2007 | 92 | $5.5B | 13F-HR |
| Q1 2007 | 80 | $3.8B | 13F-HR |
| Q4 2006 | 67 | $3.2B | 13F-HR |
| Q3 2006 | 60 | $2.1B | 13F-HR |
| Q2 2006 | 70 | $1.9B | 13F-HR |
| Q1 2006 | 87 | $2.6B | 13F-HR |
| Q4 2005 | 75 | $2.7B | 13F-HR |
| Q3 2005 | 77 | $4.0B | 13F-HR |
| Q2 2005 | 50 | $2.4B | 13F-HR |
| Q1 2005 | 66 | $2.9B | 13F-HR |
| Q4 2004 | 53 | $1.7B | 13F-HR |
| Q3 2004 | 44 | $999.1M | 13F-HR |
| Q2 2004 | 43 | $886.4M | 13F-HR |
| Q1 2004 | 50 | $827.8M | 13F-HR |
| Q4 2003 | 43 | $649.7M | 13F-HR |
| Q3 2003 | 40 | $451.2M | 13F-HR |
| Q2 2003 | 36 | $391.7M | 13F-HR |
| Q1 2003 | 40 | $328.7M | 13F-HR |
| Q4 2002 | 26 | $212.7M | 13F-HR |
| Q3 2002 | 29 | $214.6M | 13F-HR |
| Q2 2002 | 40 | $330.8M | 13F-HR |
| Q1 2002 | 53 | $328.7M | 13F-HR |
| Q4 2001 | 40 | $158.6M | 13F-HR |
| Q3 2001 | 50 | $142.4M | 13F-HR |
| Q2 2001 | 41 | $132.7M | 13F-HR |
| Q1 2001 | 48 | $147.7M | 13F-HR |
| Q4 2000 * | 40 | $104.5M | 13F-HR |
| Q3 2000 * | 47 | $195.4M | 13F-HR |
| Q2 2000 * | 40 | $138.2M | 13F-HR/A 13F-HR |
| Q1 2000 * | 55 | $163.0M | 13F-HR |
| Q4 1999 * | 33 | $136.1M | 13F-HR |
| Q3 1999 * | 25 | $80.4M | 13F-HR |
VI
Large Positions Sold Out
Positions that once made up 2% or more of the portfolio and were later sold out (latest 40): holding period and what became of the company, without profit or loss.
How to Read This
Sold out means the holding no longer appears on the 13F: it may have been sold, or the company was acquired or delisted. Company status is checked only for companies the giants together once held $100M or more of, from the company’s own SEC filings (for example 8-K item 1.03 = bankruptcy filing); a dash means not checked.
| Company | Held | Peak weight | Company since |
|---|---|---|---|
| NVDANVIDIA Corp | Q1 2025 – Q2 2026 | 8% | — |
| METAMeta Platforms, Inc | Q1 2026 – Q2 2026 | 2% | — |
| SNSharkNinja, Inc | Q1 2025 – Q2 2026 | 2% | — |
| PCGPG&E Corp | Q3 2020 – Q1 2026 | 16% | — |
| MSFTMicrosoft Corp | Q4 2022 – Q1 2026 | 11% | — |
| VSTVistra Corp | Q1 2023 – Q1 2026 | 5% | Still filing with the SEC |
| BNBrookfield Corp | Q3 2024 – Q1 2026 | 4% | — |
| CASYCasey’s General Stores Inc | Q1 2025 – Q1 2026 | 3% | Still filing with the SEC |
| KVUEKenvue Inc | Q1 2025 – Q1 2026 | 3% | — |
| CSGPCoStar Group Inc | Q1 2025 – Q1 2026 | 3% | — |
| LPLALPL Financial Holdings Inc | Q3 2024 – Q1 2026 | 3% | — |
| RKTRocket Companies, Inc | Q2 2025 – Q1 2026 | 3% | — |
| CMGChipotle Mexican Grill Inc | Q4 2025 – Q1 2026 | 2% | Still filing with the SEC |
| CEGConstellation Energy Corp | Q4 2025 – Q1 2026 | 2% | Still filing with the SEC |
| FLUTFlutter Entertainment plc | Q3 2024 – Q4 2025 | 4% | — |
| JJacobs Solutions Inc | Q1 2023 – Q4 2025 | 4% | — |
| APOApollo Global Management, Inc | Q4 2023 – Q4 2025 | 3% | — |
| TLNTalen Energy Corp | Q1 2025 – Q4 2025 | 3% | — |
| COOPMr. Cooper Group | Q2 2025 – Q4 2025 | 2% | Bought after an earlier bankruptcy Sep 30, 2008 |
| PRMBPrimo Brands Corp | Q4 2024 – Q4 2025 | 2% | — |
| ICEIntercontinental Exchange, Inc | Q2 2023 – Q3 2025 | 5% | — |
| CPAYCorpay Inc | Q1 2024 – Q3 2025 | 3% | — |
| FTVFortive Corp | Q4 2024 – Q3 2025 | 2% | — |
| EQTEQT Corp | Q4 2023 – Q2 2025 | 2% | — |
| XUnited States Steel Corp | Q1 2025 – Q2 2025 | 2% | Acquired or delisted Jun 30, 2025 |
| DHRDanaher Corp | Q3 2015 – Q1 2025 | 14% | — |
| METAMeta Platforms, Inc | Q3 2023 – Q1 2025 | 8% | — |
| FERGFerguson Enterprises Inc. | Q3 2024 – Q1 2025 | 3% | — |
| TSLATesla, Inc | Q3 2024 – Q1 2025 | 3% | — |
| CNKCinemark Holdings, Inc | Q1 2024 – Q1 2025 | 3% | Still filing with the SEC |
| TMOThermo Fisher Scientific Inc | Q4 2024 – Q1 2025 | 2% | — |
| BBWIBath & Body Works, Inc | Q3 2022 – Q4 2024 | 10% | Still filing with the SEC |
| AAPLApple Inc | Q2 2024 – Q4 2024 | 5% | — |
| APHAmphenol Corp | Q2 2024 – Q4 2024 | 2% | — |
| GOOGLAlphabet Inc | Q1 2024 – Q3 2024 | 6% | — |
| AIGAmerican International Group, Inc | Q4 2022 – Q3 2024 | 5% | Still filing with the SEC |
| IFFInternational Flavors & Fragrances | Q4 2022 – Q3 2024 | 4% | — |
| —Ferguson Jersey Ltd | Q3 2022 – Q3 2024 | 3% | — |
| UBERUber Technologies, Inc | Q2 2023 – Q3 2024 | 3% | — |
| VZVerizon Communications Inc | Q4 2023 – Q3 2024 | 3% | — |