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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 25 of 43 rows. Rows without a quote are marked unavailable.

1BAXBAXTER INTL INC20.38%-53,850,000$2.21B$41.08No quote
2AGNALLERGAN PLC12.34%Reduce -7.4%5,000,000$1.34BNo quoteNo quote
3DOWDOW CHEM CO11.71%Reduce -1.0%25,000,000$1.27B$50.86No quote
4YUMYUM BRANDS INC5.28%Add +9196.1%7,000,000$572.95M$81.85No quote
5GOOGLALPHABET INC4.92%New700,000$534.03M$762.90No quote
6AMGNAMGEN INC4.14%Reduce -66.8%3,000,000$449.79M$149.93No quote
7MHKMOHAWK INDS INC3.52%Reduce -5.9%2,000,000$381.8M$190.90No quote
8DHRDANAHER CORP DEL3.23%Add +64.4%3,700,000$350.98M$94.86No quote
9CBCHUBB LIMITED2.63%New2,400,000$285.96M$119.15No quote
10STZCONSTELLATION BRANDS INC2.46%Add +10.3%1,765,000$266.67M$151.09No quote
11ROPROPER TECHNOLOGIES INC2.27%Reduce -6.9%1,350,000$246.74M$182.77No quote
12TWCTIME WARNER CABLE INC2.26%Reduce -14.3%1,200,000$245.54MNo quoteNo quote
13BXLTBAXALTA INC2.23%New6,000,000$242.4MNo quoteNo quote
14SEESEALED AIR CORP NEW2.21%Reduce -4.8%5,000,000$240.05M$48.01No quote
15LOWLOWES COS INC2.09%New3,000,000$227.25M$75.75No quote
16TDGTRANSDIGM GROUP INC2.03%New1,000,000$220.34M$220.34No quote
17BUDANHEUSER BUSCH INBEV SA/NV2.01%Add +25.0%1,750,000$218.16M$124.66No quote
18TAPMOLSON COORS BREWING CO1.90%Add +7.5%2,150,000$206.79M$96.18No quote
19AVGOBROADCOM LTD1.85%New1,300,000$200.85M$154.50No quote
20EMCE M C CORP MASS1.72%New7,000,000$186.55MNo quoteNo quote
21SIGSIGNET JEWELERS LIMITED1.71%New1,500,000$186.05MNo quoteNo quote
22BIDSOTHEBYS1.64%Add +0.2%6,660,925$178.05MNo quoteNo quote
23NOMDNOMAD HLDGS LTD0.97%New11,685,000$105.28M$9.01No quote
24SJMSMUCKER J M CO0.93%Reduce -53.0%775,000$100.63M$129.84No quote
25VMWVMWARE INC0.58%New1,200,000$62.77MNo quoteNo quote
26GRBKGREEN BRICK PARTNERS INC0.57%-8,083,022$61.35M$7.59No quote
27TRGPTARGA RES CORP0.49%New1,800,000$53.75M$29.86No quote
28ICEINTERCONTINENTAL EXCHANGE IN0.49%New225,000$52.91M$235.14No quote
29FOXATWENTY FIRST CENTY FOX INC0.37%New1,450,000$40.43M$27.88No quote
30KHCKRAFT HEINZ CO0.36%Add +509.8%500,000$39.28M$78.56No quote
31WMBWILLIAMS COS INC DEL0.30%New2,000,000$32.14M$16.07No quote
32APICAPIGEE CORP0.24%-3,166,551$26.31MNo quoteNo quote
33ENPHENPHASE ENERGY INC0.13%-6,248,987$14.56MNo quoteNo quote
34CWSACITIGROUP INC0.02%-20,000,000$2MNo quoteNo quote
35GLPIGAMING & LEISURE PPTYS INC0.01%New35,000$1.08M$30.91No quote
42CWEIWILLIAMS CLAYTON ENERGY INC-Sold0$0No quoteNo quote
41MSMORGAN STANLEY-Sold0$0No quoteNo quote
40LBTYKLIBERTY GLOBAL PLC-Sold0$0No quoteNo quote
39EBAYEBAY INC-Sold0$0No quoteNo quote
38AXTAAXALTA COATING SYS LTD-Sold0$0No quoteNo quote
37AVGOAVAGO TECHNOLOGIES LTD-Sold0$0No quoteNo quote
36ACEACE LTD-Sold0$0No quoteNo quote

Other instruments

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

1-COBALT INTL ENERGY INCNOTE 2.625%12/0OTHER0$0