Dan Loeb’s Portfolio — Third Point LLC

Dan Loeb runs Third Point, an event-driven activist fund famous for sharp-elbowed shareholder letters that reshaped companies from Yahoo to Sony to Nestlé. His style blends activism, event-driven credit, and opportunistic growth positions.

Third Point's 13F swings with the opportunity set — one year heavy in activist consumer targets, the next in AI-era technology — and Loeb's quarterly investor letters often explain the theses behind the filing's biggest new names, making the two documents best read together.

Third Point LLC reported $2.1B in U.S.-listed holdings across 33 positions for Q1 2026.

Its largest position, AMZN, represents 19.4% of the portfolio.

Compared with Q4 2025, the fund opened 10 new positions and exited 21.