---
name: Copy Third Point
kind: hedgecopy-fund
cik: 0001040273
latest_13f_period: 2026-06-30
latest_13f_filed: 2026-08-14
author: HedgeCopy
---

# Copy Third Point (13F follow-the-filing)

Third Point files a 13F-HR with the SEC each quarter (CIK 0001040273). This skill describes a
long-only copy portfolio built from that filing, bought the trading day after it is filed.

## Track record (estimated from 13F holdings, net of 10 bps per unit of turnover)
- Annualised return copying the filings, last 3 years (headline): +16.2% vs SPY +22.9% (alpha -6.7%/yr)
- Annualised since the series started (2021-02-19 to 2026-10-09): +4.7% vs SPY +14.5%
- Follow-the-filing TTM: -0.4% vs SPY +16.2% (alpha -16.6%)
- Quarters of history: 23; average coverage 85%; flags: none

## Latest disclosed top holdings (2026-06-30)
| # | Ticker | Issuer | Weight |
|---|---|---|---|
| 1 | WBD | WARNER BROS DISCOVERY INC | 11.5% |
| 2 | AMZN | AMAZON COM INC | 9.0% |
| 3 | GOOGL | ALPHABET INC | 7.9% |
| 4 | — | CRH PLC | 5.1% |
| 5 | TDS | TELEPHONE & DATA SYS INC | 5.0% |
| 6 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 4.7% |
| 7 | LYV | LIVE NATION ENTERTAINMENT IN | 4.5% |
| 8 | KEYS | KEYSIGHT TECHNOLOGIES INC | 4.4% |
| 9 | SGI | SOMNIGROUP INTERNATIONAL INC | 4.3% |
| 10 | XYZ | BLOCK INC | 4.2% |
| 11 | NSC | NORFOLK SOUTHN CORP | 4.1% |
| 12 | — | FLEX LTD | 3.6% |
| 13 | COF | CAPITAL ONE FINL CORP | 3.6% |
| 14 | HUT | HUT 8 CORP | 3.3% |
| 15 | CRS | CARPENTER TECHNOLOGY CORP | 2.9% |
| 16 | APG | API GROUP CORP | 2.6% |
| 17 | MTZ | MASTEC INC | 2.6% |
| 18 | TDG | TRANSDIGM GROUP INC | 2.3% |
| 19 | DHR | DANAHER CORP DEL | 2.2% |
| 20 | UNP | UNION PAC CORP | 2.1% |

## About the fund

Third Point is a New York-based, employee-owned investment management firm founded in 1995 by Daniel S. Loeb. The firm provides discretionary investment advisory services to various private investment vehicles, including hedge funds, and employs an event-driven, opportunistic strategy to invest globally across the capital structure.

- Strategy: Event-driven, opportunistic, and activist
- Type: Activist, Event-driven, Long/short equity
- Founders: Daniel S. Loeb
- Key people: Daniel S. Loeb (Chief Executive Officer & Chief Investment Officer); Josh Targoff (Partner); Ian Wallace (Partner and Co-Head of Credit); Jonathan Berger (Co-Head of Credit and CEO/CIO of TP Birch Grove); Shalini Sriram (Managing Director & Head of Structured Credit); Rob Schwartz (Managing Partner, Third Point Ventures); Chris Taylor (Head of Private Credit)
- Founded 1995 · HQ New York City, United States
- Reported AUM: $24.7bn (as of February 28, 2026)
- Website: https://www.thirdpoint.com/

### Approach
Third Point employs an opportunistic, event-driven approach to investing globally across the capital structure. The firm actively manages exposures based on risk-reward assessments and engages with companies to drive shareholder value, often through operational or portfolio changes. Its strategy involves fundamental research in both long and short equities, as well as credit, structured products, and venture capital.

### History
Founded in 1995 by Daniel S. Loeb, Third Point has grown into a prominent investment firm known for its event-driven and activist strategies. Over the decades, the firm has expanded its reach globally and across various asset classes, including public equities, credit, and venture capital. It has maintained a significant presence in both U.S. and international markets, managing various hedge funds and investment vehicles.

### Notable positions / campaigns
- Yahoo (2013): Third Point pushed for corporate change and the appointment of Marissa Mayer as CEO.
- Sony (2013): Third Point advocated for a spinoff of the company's entertainment and financial services divisions.
- Baxter International (2015): Third Point took a 7 percent stake and requested board seats, leading to governance changes.

_Profile generated 2026-10-09 from public sources; may be incomplete or out of date._

## Rules
- Hold the top 20 long US-equity positions from the latest 13F-HR, weighted as reported.
- Rebalance on the first trading day after each new 13F-HR is filed. Cash only, paper only.

## Parameters
```json
{
  "params": {
    "funds": [
      "0001040273"
    ],
    "top_n": 20,
    "weighting": "13f",
    "rebalance": "filing_plus_1",
    "budget_usd": 10000,
    "stop_loss_pct": null,
    "cash_only": true
  }
}
```

> Estimated from 13F holdings (long US equities only; no shorts, options, cash or fees). Past performance is not a guide to the future. Not investment advice. Paper trading only.