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Focused investors/Daniel Loeb

Daniel Loeb - Third Point

As of Q2 2026, Daniel Loeb reported 40 long-equity positions worth $4.64B in aggregate.

It also disclosed $28.8M of put notional. Notional is the contracts’ face value, not the premium paid, so it is reported separately from the equity above — see the Options section below.

Copy-investor backtest

Latest quarter
-0.45%
1-year
+3.69%
3-year
+50.41%
5-year
+38.24%
3-year vs S&P 500
-22.83%
5-year vs S&P 500
-35.44%
5-year top 5
+22.87%

Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.

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Updated 2026-06-06 from SEC 13F data.

Live quotes available for 31 of 59 rows. Rows without a quote are marked unavailable.

1AMGNAMGEN INC13.01%Reduce -10.0%9,000,000$1.38B$153.52No quote
2DOWDOW CHEM CO11.08%Add +4.5%23,000,000$1.18B$51.17No quote
3AGNALLERGAN PLC9.43%New3,300,000$1BNo quoteNo quote
4EBAYEBAY INC6.24%Add +22.2%11,000,000$662.64M$60.24No quote
5MHKMOHAWK INDS INC4.31%Add +31.5%2,400,000$458.16M$190.90No quote
6SUNEQSUNEDISON INC3.50%Add +24.4%12,435,000$371.93MNo quoteNo quote
7BUDANHEUSER BUSCH INBEV SA/NV3.41%Add +50.0%3,000,000$362.01M$120.67No quote
8YUMYUM BRANDS INC3.13%Add +12.0%3,695,000$332.85M$90.08No quote
9BIDSOTHEBYS2.83%-6,650,000$300.85MNo quoteNo quote
10TMUST MOBILE US INC2.74%New7,500,000$290.78M$38.77No quote
11BAXBAXTER INTL INC2.60%New3,950,000$276.22M$69.93No quote
12PSXPHILLIPS 662.47%Reduce -18.8%3,250,000$261.82M$80.56No quote
13ROPROPER TECHNOLOGIES INC2.44%Reduce -6.3%1,500,000$258.69M$172.46No quote
14LBTYKLIBERTY GLOBAL PLC2.38%Reduce -13.8%5,000,000$253.15M$50.63No quote
15SEESEALED AIR CORP NEW2.35%New4,850,000$249.19M$51.38No quote
16ALLYALLY FINL INC2.11%Reduce -61.5%10,000,000$224.3M$22.43No quote
17DVNDEVON ENERGY CORP NEW2.10%New3,750,000$223.09M$59.49No quote
18STZCONSTELLATION BRANDS INC2.08%Reduce -5.0%1,900,000$220.44M$116.02No quote
19IACIAC INTERACTIVECORP2.06%Add +15.3%2,750,000$219.07M$79.66No quote
20AIGAMERICAN INTL GROUP INC2.04%-3,500,000$216.37M$61.82No quote
21NXPINXP SEMICONDUCTORS N V1.94%Add +31.8%2,100,000$206.22M$98.20No quote
22FDXFEDEX CORP1.60%Add +11.1%1,000,000$170.4M$170.40No quote
23SJMSMUCKER J M CO1.48%Add +26.1%1,450,000$157.19M$108.41No quote
24MASMASCO CORP1.26%Reduce -50.0%5,000,000$133.35M$26.67No quote
25XONINTREXON CORP1.24%-2,700,000$131.76MNo quoteNo quote
26DALDELTA AIR LINES INC DEL1.06%Reduce -47.6%2,750,000$112.97M$41.08No quote
27PRGOPERRIGO CO PLC1.04%New600,000$110.9M$184.83No quote
28VIVTELEFONICA BRASIL SA0.98%New7,500,000$104.48MNo quoteNo quote
29FXIISHARES TR0.87%New2,000,000$92.2M$46.10No quote
30GRBKGREEN BRICK PARTNERS INC0.82%Add +54.2%8,083,022$87.07M$10.77No quote
31WMBWILLIAMS COS INC DEL0.81%New1,500,000$86.09M$57.39No quote
32HOTSTARWOOD HOTELS&RESORTS WRLD0.76%New1,000,000$81.09MNo quoteNo quote
33STSENSATA TECHNOLOGIES HLDG NV0.72%Reduce -63.9%1,443,500$76.13M$52.74No quote
34TAPMOLSON COORS BREWING CO0.66%New1,000,000$69.81M$69.81No quote
35CWEIWILLIAMS CLAYTON ENERGY INC0.62%Add +25.0%1,000,000$65.75MNo quoteNo quote
36ENPHENPHASE ENERGY INC0.45%-6,248,987$47.56MNo quoteNo quote
37-BAXTER INTL INCCUSIP 0718131410.32%New900,600$34.22MNo quoteNo quote
38APICAPIGEE CORP0.30%New3,166,551$31.44MNo quoteNo quote
39TCRTZIOPHARM ONCOLOGY INC0.22%New1,950,000$23.4MNo quoteNo quote
40NOKNOKIA CORP0.19%New3,000,000$20.55M$6.85No quote
41CHTRCHARTER COMMUNICATIONS INC D0.16%New100,000$17.13M$171.25No quote
42CWSACITIGROUP INC0.14%-20,000,000$14.8MNo quoteNo quote
43ENRENERGIZER HLDGS INC0.02%Reduce -98.3%17,500$2.3M$131.54No quote
53TPRETHIRD PT REINS LTD-Sold0$0No quoteNo quote
52PCPPRECISION CASTPARTS CORP-Sold0$0No quoteNo quote
51MCMOELIS & CO-Sold0$0No quoteNo quote
50MCKMCKESSON CORP-Sold0$0No quoteNo quote
49MXIMMAXIM INTEGRATED PRODS INC-Sold0$0No quoteNo quote
48JDJD COM INC-Sold0$0No quoteNo quote
47FLTFLEETCOR TECHNOLOGIES INC-Sold0$0No quoteNo quote
46ETENERGY TRANSFER EQUITY L P-Sold0$0No quoteNo quote
45DGDOLLAR GEN CORP NEW-Sold0$0No quoteNo quote
44ACTACTAVIS PLC-Sold0$0No quoteNo quote

Options positions

Put = right to sell at strike (a bearish bet). Call = right to buy at strike (bullish via leverage). The notional column shows the underlying market value reported to the SEC, not the option premium paid - these don't add to the long-equity % portfolio above.

5YUMYUM BRANDS INCCOMCALLSold0$0
4SUNEQSUNEDISON INCCOMCALLSold0$0
3IWMISHARES TRRUSSELL 2000 ETFPUTSold0$0
2EBAYEBAY INCCOMCALLSold0$0
1BUDANHEUSER BUSCH INBEV SA/NVSPONSORED ADRCALLSold0$0

Other instruments

Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.

1-COBALT INTL ENERGY INCNOTE 2.625%12/0OTHER80,000,000$59M