Third Point adds WBD, Keys, XYZ, Flex, TTMI in 2Q: 13F

Daniel Loeb’s Third Point LLC added several new positions in the second quarter of 2026, according to the firm’s latest SEC 13F filing. The hedge fund disclosed stakes in Warner Bros. Discovery Inc. (WBD), Keysight Technologies Inc. (KEYS), XYZ Inc., Flex Ltd. (FLEX), and TTMI, expanding its portfolio of 33 securities to include these names. The additions reflect the firm’s ongoing strategy of diversifying its holdings while maintaining a concentrated portfolio structure, with top three holdings accounting for approximately one-third of the total portfolio value.

Third Point’s portfolio value increased to $2.08 billion as of March 31, 2026, with Amazon.com Inc. (AMZN) remaining the largest holding at 19.40% of the portfolio. Other significant positions include Telephone and Data Systems Inc. (TDS) at 13.34%, CRH PLC (CRH) at 9.59%, and Somnigroup International Inc. (SGI) at 8.06%. The firm also exited several positions in the quarter, including Alphabet Inc. (GOOGL), which had previously accounted for 4.5% of the portfolio.

The firm’s latest moves highlight its active approach to portfolio management, with a focus on both established and emerging market opportunities. Third Point’s 13F filings provide a transparent view of its investment strategy, offering insights into its evolving exposure across various sectors.