What Daniel Loeb bought and sold in Q3 2025
In Q3 2025, Daniel Loeb (Third Point) opened 9 new positions — including NSC (5.9%), SGI (3.0%), UNP (2.5%), added to 3, trimmed 8, exited 16 (CPAY, ICE, RBA). The book stood at $8.38B across 44 positions, filed Nov 14, 2025.
9New3Added8Trimmed16Exited
New positions (9)
- NSCNorfolk Southern Corp5.9% · $496M
- SGISomnigroup International Inc3.0% · $253M
- UNPUnion Pacific Corp2.5% · $207M
- MTZMastec Inc1.8% · $154M
- FNDFloor & Decor Holdings Inc-a1.2% · $98M
- CORZCore Scientific Inc0.6% · $54M
- SRTAStrata Critical Medical Inc0.3% · $25M
- BHCBausch Health Cos Inc<0.1% · $645K
- CYHCommunity Health Systems Inc<0.1% · $482K
Added to (3)
Trimmed (8)
- TSMTaiwan Semiconductor-sp Adr-23% shares · 3.7% · $307M
- COFCapital One Financial Corp-23% shares · 3.5% · $294M
- LYVLive Nation Entertainment IN-32% shares · 2.6% · $221M
- VSTVistra Corp-25% shares · 2.2% · $183M
- TLNTalen Energy Corp-55% shares · 1.8% · $149M
- JJacobs Solutions Inc-28% shares · 1.6% · $137M
- APOApollo Global Management Inc-49% shares · 1.0% · $87M
- DHRDanaher Corp-90% shares · 0.1% · $10M
Exited (16)
- CPAYCorpay Incwas 3.0% of book
- ICEIntercontinental Exchange INwas 2.3% of book
- RBARB Global Incwas 1.0% of book
- WDAYWorkday Inc-class Awas 0.9% of book
- FLSFlowserve Corpwas 0.8% of book
- FTVFortive Corpwas 0.8% of book
- DOCUDocusign Incwas 0.6% of book
- 75ZSoho House & CO Incwas 0.5% of book
- GTLSChart Industries Incwas 0.5% of book
- SESea Ltd-adrwas 0.1% of book
- RALRalliant Corpwas 0.1% of book
- SABRSabre Corpwas <0.1% of book
- TTANServicetitan Inc-awas <0.1% of book
- CTEVClaritev Corpwas <0.1% of book
- ASICAtegrity Specialty Holdingswas <0.1% of book
- ARDTArdent Health Incwas <0.1% of book
Daniel Loeb's other filings
Changes vs the prior quarter's 13F, long US equity positions only (no shorts, options, or non-US listings). ADD/TRIM are share- count changes of ±20% or more. Sourced from SEC EDGAR. Not investment advice.