Third Point LLC
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| UNION PAC CORP | 875,000 | 1,810,000 | +935,000 | 206,823,750 | 418,689,200 | +211,865,450 |
| CHIPOTLE MEXICAN GRILL INC | 0 | 4,725,000 | +4,725,000 | 0 | 174,825,000 | +174,825,000 |
| CONSTELLATION ENERGY CORP | 0 | 475,000 | +475,000 | 0 | 167,803,250 | +167,803,250 |
| DANAHER CORPORATION | 50,000 | 600,000 | +550,000 | 9,913,000 | 137,352,000 | +127,439,000 |
| ALIBABA GROUP HLDG LTD | 0 | 825,000 | +825,000 | 0 | 120,928,500 | +120,928,500 |
| API GROUP CORP | 0 | 3,000,000 | +3,000,000 | 0 | 114,780,000 | +114,780,000 |
| ROCKET COS INC | 4,000,000 | 9,515,000 | +5,515,000 | 77,520,000 | 184,210,400 | +106,690,400 |
| CRH PLC | 2,165,000 | 2,600,000 | +435,000 | 259,583,500 | 324,480,000 | +64,896,500 |
| SPOTIFY TECHNOLOGY S A | 0 | 100,000 | +100,000 | 0 | 58,071,000 | +58,071,000 |
| SOMNIGROUP INTERNATIONAL INC | 3,000,000 | 3,400,000 | +400,000 | 252,990,000 | 303,552,000 | +50,562,000 |
| PROGRESSIVE CORP | 0 | 220,000 | +220,000 | 0 | 50,098,400 | +50,098,400 |
| MASTEC INC | 725,000 | 925,000 | +200,000 | 154,287,250 | 201,067,250 | +46,780,000 |
| CARPENTER TECHNOLOGY CORP | 850,000 | 785,000 | -65,000 | 208,709,000 | 247,149,400 | +38,440,400 |
| THERMO FISHER SCIENTIFIC INC | 0 | 50,000 | +50,000 | 0 | 28,972,500 | +28,972,500 |
| LIVE NATION ENTERTAINMENT IN | 1,350,000 | 1,725,000 | +375,000 | 220,590,000 | 245,812,500 | +25,222,500 |
| WIX COM LTD | 0 | 225,000 | +225,000 | 0 | 23,375,250 | +23,375,250 |
| NVIDIA CORPORATION | 2,850,000 | 2,950,000 | +100,000 | 531,753,000 | 550,175,000 | +18,422,000 |
| CSX CORP | 0 | 500,000 | +500,000 | 0 | 18,125,000 | +18,125,000 |
| TELEPHONE & DATA SYS INC | 6,707,274 | 6,675,000 | -32,274 | 263,193,432 | 273,675,000 | +10,481,568 |
| ARS PHARMACEUTICALS INC | 0 | 556,237 | +556,237 | 0 | 6,480,161 | +6,480,161 |
| CLARITEV CORPORATION | 0 | 145,000 | +145,000 | 0 | 6,198,750 | +6,198,750 |
| AURORA INNOVATION INC | 1,032,463 | 1,032,463 | 0 | 2,173,719 | 3,964,658 | +1,790,939 |
| BAUSCH HEALTH COS INC | 100,000 | 350,000 | +250,000 | 645,000 | 2,432,500 | +1,787,500 |
| PG&E CORP | 140,000 | 140,000 | 0 | 5,513,200 | 5,740,000 | +226,800 |
| PG&E CORP | 0 | 0 | 0 | 10,112,827 | 10,283,406 | +170,579 |
| FLYEXCLUSIVE INC | 367,499 | 367,499 | 0 | 116,681 | 104,664 | -12,017 |
| AURORA INNOVATION INC | 1,835,000 | 1,835,000 | 0 | 877,000 | 413,059 | -463,941 |
| FLYEXCLUSIVE INC | 1,022,000 | 1,022,000 | 0 | 5,048,680 | 4,200,420 | -848,260 |
| STRATA CRITICAL MEDICAL INC | 5,000,000 | 5,000,000 | 0 | 25,300,000 | 24,050,000 | -1,250,000 |
| HERTZ GLOBAL HLDGS INC | 3,970,000 | 3,970,000 | 0 | 14,768,400 | 10,639,600 | -4,128,800 |
| LPL FINL HLDGS INC | 594,143 | 510,000 | -84,143 | 197,665,435 | 182,156,700 | -15,508,735 |
| VISTRA CORP | 935,000 | 1,005,000 | +70,000 | 183,185,200 | 162,136,650 | -21,048,550 |
| CAPITAL ONE FINL CORP | 1,385,000 | 1,100,000 | -285,000 | 294,423,300 | 266,596,000 | -27,827,300 |
| CASEYS GEN STORES INC | 500,000 | 455,000 | -45,000 | 282,660,000 | 251,483,050 | -31,176,950 |
| BROOKFIELD CORP | 4,675,000 | 6,200,000 | +1,525,000 | 320,611,500 | 284,518,000 | -36,093,500 |
| COSTAR GROUP INC | 3,017,000 | 3,165,000 | +148,000 | 254,544,290 | 212,814,600 | -41,729,690 |
| SHARKNINJA INC | 1,800,000 | 1,200,000 | -600,000 | 185,670,000 | 134,280,000 | -51,390,000 |
| COMFORT SYS USA INC | 200,000 | 105,000 | -95,000 | 165,036,000 | 97,995,450 | -67,040,550 |
| KENVUE INC | 9,000,000 | 3,250,000 | -5,750,000 | 146,070,000 | 56,062,500 | -90,007,500 |
| AMAZON COM INC | 2,810,000 | 2,165,000 | -645,000 | 616,991,700 | 499,725,300 | -117,266,400 |
| MICROSOFT CORP | 1,100,000 | 925,000 | -175,000 | 569,745,000 | 447,348,500 | -122,396,500 |
| TAIWAN SEMICONDUCTOR MFG LTD | 1,100,000 | 425,000 | -675,000 | 307,219,000 | 129,153,250 | -178,065,750 |
| PG&E CORP | 50,100,000 | 34,300,000 | -15,800,000 | 755,508,000 | 551,201,000 | -204,307,000 |
| NORFOLK SOUTHN CORP | 1,650,000 | 975,000 | -675,000 | 495,676,500 | 281,502,000 | -214,174,500 |