SEC FORM 13F LEDGER
Third Point LLC reported 13F holdings, quarter ended September 30, 2025
Third Point LLC reported 46 13(f) positions held on September 30, 2025, as filed with the SEC on November 14, 2025 under accession 0001040273-25-000003.
The filing on record
Legal name as filedThird Point LLC
CIK0001040273
Quarter end, positions held onSeptember 30, 2025 (2025-09-30)
Filing date, reported to the SEC onNovember 14, 2025 (2025-11-14)
Accession0001040273-25-000003
Form type13F-HR, 13F HOLDINGS REPORT
Snapshot revision1 of 1
Positions reported46
Total reported value (USD)$8,989,033,614
Completenesspositions omitted as confidential. This filing states that some positions were omitted under a confidential treatment request; the quarter is knowingly incomplete until an amendment discloses them.
Comparison basisThe immediately preceding quarter is not on record, so no comparison is published.
Reported positions
Where the two quarters cannot be compared honestly, the row says so and names the rule that withheld it. An absent security is not evidence of a sale: it may have left 13(f) scope, been granted confidential treatment, moved to a different reporting manager, or changed CUSIP in a corporate action.
| Issuer as reported | Title of class | CUSIP | Amount reported | Reported value (USD) | Reported change since the prior quarter on record |
|---|---|---|---|---|---|
| PG&E CORP | COM | 69331C108 | 50,100,000 shares | $755,508,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| AMAZON COM INC | COM | 023135106 | 2,810,000 shares | $616,991,700 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| SPDR S&P 500 ETF TR put option | TR UNIT | 78462F103 | 875,000 shares | $582,907,500 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| MICROSOFT CORP | COM | 594918104 | 1,100,000 shares | $569,745,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| NVIDIA CORPORATION | COM | 67066G104 | 2,850,000 shares | $531,753,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| NORFOLK SOUTHN CORP | COM | 655844108 | 1,650,000 shares | $495,676,500 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| BROOKFIELD CORP | CL A LTD VT SH | 11271J107 | 4,675,000 shares | $320,611,500 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| TAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 874039100 | 1,100,000 shares | $307,219,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CAPITAL ONE FINL CORP | COM | 14040H105 | 1,385,000 shares | $294,423,300 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| FLUTTER ENTMT PLC | SHS | G3643J108 | 1,120,000 shares | $284,480,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CASEYS GEN STORES INC | COM | 147528103 | 500,000 shares | $282,660,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| TELEPHONE & DATA SYS INC | COM NEW | 879433829 | 6,707,274 shares | $263,193,432 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CRH PLC | ORD | G25508105 | 2,165,000 shares | $259,583,500 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| COSTAR GROUP INC | COM | 22160N109 | 3,017,000 shares | $254,544,290 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| SOMNIGROUP INTERNATIONAL INC | COM | 88023U101 | 3,000,000 shares | $252,990,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| LIVE NATION ENTERTAINMENT IN | COM | 538034109 | 1,350,000 shares | $220,590,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CARPENTER TECHNOLOGY CORP | COM | 144285103 | 850,000 shares | $208,709,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| UNION PAC CORP | COM | 907818108 | 875,000 shares | $206,823,750 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| LPL FINL HLDGS INC | COM | 50212V100 | 594,143 shares | $197,665,435 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| MR COOPER GROUP INC | COM | 62482R107 | 925,000 shares | $194,980,750 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| SHARKNINJA INC | COM SHS | G8068L108 | 1,800,000 shares | $185,670,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| VISTRA CORP | COM | 92840M102 | 935,000 shares | $183,185,200 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| COMFORT SYS USA INC | COM | 199908104 | 200,000 shares | $165,036,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| META PLATFORMS INC | CL A | 30303M102 | 220,000 shares | $161,563,600 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| MASTEC INC | COM | 576323109 | 725,000 shares | $154,287,250 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| TALEN ENERGY CORP | COM | 87422Q109 | 350,000 shares | $148,883,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| KENVUE INC | COM | 49177J102 | 9,000,000 shares | $146,070,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| JACOBS SOLUTIONS INC | COM | 46982L108 | 915,000 shares | $137,121,900 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| PRIMO BRANDS CORPORATION | CLASS A COM SHS | 741623102 | 5,775,000 shares | $127,627,500 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| FLOOR & DECOR HLDGS INC | CL A | 339750101 | 1,330,000 shares | $98,021,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| APOLLO GLOBAL MGMT INC | COM | 03769M106 | 650,000 shares | $86,625,500 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| ROCKET COS INC | COM CL A | 77311W101 | 4,000,000 shares | $77,520,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| APOLLO GLOBAL MGMT INC | SER A MAND CNV | 03769M304 | 900,000 shares | $63,252,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| CORE SCIENTIFIC INC NEW | COM | 21874A106 | 3,000,000 shares | $53,820,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| STRATA CRITICAL MEDICAL INC | CL A COM | 092667104 | 5,000,000 shares | $25,300,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| KENVUE INC call option | COM | 49177J102 | 1,500,000 shares | $24,345,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| HERTZ GLOBAL HLDGS INC | *W EXP 06/30/205 | 42806J148 | 3,970,000 shares | $14,768,400 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| PG&E CORP | NOTE 4.250%12/0 | 69331CAL2 | 10,000,000 principal amount | $10,112,827 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| DANAHER CORPORATION | COM | 235851102 | 50,000 shares | $9,913,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| PG&E CORP | PFD CONV SER A | 69331C306 | 140,000 shares | $5,513,200 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| FLYEXCLUSIVE INC | COM CL A | 343928107 | 1,022,000 shares | $5,048,680 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| AURORA INNOVATION INC | CLASS A COM | 051774107 | 1,032,463 shares | $2,173,719 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| AURORA INNOVATION INC | *W EXP 11/03/202 | 051774115 | 1,835,000 shares | $877,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| BAUSCH HEALTH COS INC | COM | 071734107 | 100,000 shares | $645,000 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| COMMUNITY HEALTH SYS INC NEW | COM | 203668108 | 150,000 shares | $481,500 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
| FLYEXCLUSIVE INC | *W EXP 99/99/999 | 343928115 | 367,499 shares | $116,681 | not comparableThe immediately preceding quarter is not on record, so no comparison is published. |
Revision history
| Revision | Basis | Form type | Filing date | Accession | Positions reported |
|---|---|---|---|---|---|
| 1 current | original | 13F-HR | 2025-11-14 | 0001040273-25-000003 | 46 |
Form 13F reports long positions in 13(f) securities held on the last day of the quarter. It excludes short positions, cash, and assets outside 13(f) scope. An absent security is not evidence of a sale.
Ledger last ingested 2026-09-15T16:14:17+00:00 (32 filings ingested, 8 quarantined). Form 13F is filed within 45 days of quarter end, so every figure here is at least that old, and amendments can change a closed quarter months later.
How to read this
A Form 13F is filed within 45 days of the quarter end it describes, so every figure on these pages was already at least that old the day it published. The quarter end and the filing date are labelled separately on every row and neither of them is today.
Form 13F is two quarter-end snapshots. It states no transaction, no transaction date and no transaction price, so a difference between two quarters is a difference between two reports and nothing more.
The filer is the entity named on the cover page. Where a filing lists other managers, that is an attribution of reporting responsibility, not an attribution of a decision to any individual.
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