Investor: Daniel Loeb
Number of Assets: 46
Reporting Period: Q3 - 2025
Holdings at Report: $8,989,033,614
Return Since Report: -$259,923,730
Return Since Report: -2.89%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Comfort Systems Usa Inc. (FIX) | Equity | +8.11% | 200,000 | 1.99% | $825.18 | $956.41 | $165,036,000 | $191,281,800 | +$26,245,800 | +15.90% |
| Vistra Corp. (VST) | Equity | -25.20% | 935,000 | 2.21% | $195.92 | $171.15 | $183,185,200 | $160,024,315 | -$23,160,885 | -12.64% |
| Primo Brands Corp. (PRMB) | Equity | 0% | 5,775,000 | 1.54% | $22.10 | $16.25 | $127,627,500 | $93,814,875 | -$33,812,625 | -26.49% |
| Telephone And Data Systems Inc. (TDS) | Equity | -0.26% | 6,707,274 | 3.18% | $39.24 | $38.49 | $263,193,432 | $258,162,976 | -$5,030,456 | -1.91% |
| Brookfield Corp. (BN) | Equity | 0% | 4,675,000 | 3.87% | $68.58 | $45.66 | $320,611,500 | $213,465,175 | -$107,146,325 | -33.42% |
| Danaher Corp. (DHR) | Equity | -90.00% | 50,000 | 0.12% | $198.26 | $227.51 | $9,913,000 | $11,375,250 | +$1,462,250 | +14.75% |
| Flyexclusive Inc. (FLYX) | Equity | 0% | 1,022,000 | 0.06% | $4.94 | $4.02 | $5,048,680 | $4,108,440 | -$940,240 | -18.62% |
| Kenvue Inc. (KVUE) | Call | +100% | 1,500,000 | N/A | $16.23 | N/A | $24,345,000 | N/A | N/A | N/A |
| Microsoft Corp. (MSFT) | Equity | +175.00% | 1,100,000 | 6.88% | $517.95 | $478.84 | $569,745,000 | $526,724,000 | -$43,021,000 | -7.55% |
| PG&E Corp. | Bond | +100% | 10,000,000 | N/A | $1.01 | N/A | $10,112,827 | N/A | N/A | N/A |
| Sharkninja Inc. (SN) | Equity | +50.00% | 1,800,000 | 2.24% | $103.15 | $112.31 | $185,670,000 | $202,158,000 | +$16,488,000 | +8.88% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | -23.08% | 1,100,000 | 3.71% | $279.29 | $294.28 | $307,219,000 | $323,708,000 | +$16,489,000 | +5.37% |
| Aurora Innovation Inc. (AUROW) | Warrant | +100% | 1,835,000 | N/A | $0.48 | N/A | $877,000 | N/A | N/A | N/A |
| Carpenter Technology Corp. (CRS) | Equity | +13.33% | 850,000 | 2.52% | $245.54 | $321.28 | $208,709,000 | $273,088,000 | +$64,379,000 | +30.85% |
| Core Scientific Inc. (CORZ) | Equity | +100% | 3,000,000 | 0.65% | $17.94 | $16.83 | $53,820,000 | $50,475,000 | -$3,345,000 | -6.22% |
| Flutter Entertainment PLC (FLUT) | Equity | +4.67% | 1,120,000 | 3.43% | $254.00 | $223.40 | $284,480,000 | $250,208,000 | -$34,272,000 | -12.05% |
| Jacobs Solutions Inc. (J) | Equity | -27.61% | 915,000 | 1.65% | $149.86 | $135.91 | $137,121,900 | $124,356,735 | -$12,765,165 | -9.31% |
| Lpl Financial Holdings Inc. (LPLA) | Equity | -4.94% | 594,143 | 2.39% | $332.69 | $384.84 | $197,665,435 | $228,649,992 | +$30,984,557 | +15.68% |
| Norfolk Southern Corp. (NSC) | Equity | +100% | 1,650,000 | 5.98% | $300.41 | $297.03 | $495,676,500 | $490,094,550 | -$5,581,950 | -1.13% |
| SPDR S&P 500 ETF Trust (SPY) | Put | +100% | 875,000 | N/A | $666.18 | N/A | $582,907,500 | N/A | N/A | N/A |
| Pg&e Corporation (PCG) | C.Pref | +100% | 140,000 | N/A | $39.38 | N/A | $5,513,200 | N/A | N/A | N/A |
| Apollo Global Management Inc. (APO) | Equity | -49.02% | 650,000 | 1.05% | $133.27 | $148.61 | $86,625,500 | $96,593,250 | +$9,967,750 | +11.51% |
| Bausch Health Companies Inc. (BHC) | Equity | +100% | 100,000 | 0.01% | $6.45 | $7.03 | $645,000 | $703,000 | +$58,000 | +8.99% |
| CRH PLC (CRH) | Equity | -16.41% | 2,165,000 | 3.13% | $119.90 | $125.89 | $259,583,500 | $272,551,850 | +$12,968,350 | +5.00% |
| Meta Platforms Inc. (META) | Equity | +46.67% | 220,000 | 1.95% | $734.38 | $646.63 | $161,563,600 | $142,258,600 | -$19,305,000 | -11.95% |
| PG&E Corp. (PCG) | Equity | -1.96% | 50,100,000 | 9.12% | $15.08 | $15.25 | $755,508,000 | $763,774,500 | +$8,266,500 | +1.09% |
| Blade Air Mobility Inc. (BLDE) | Equity | +100% | 5,000,000 | 0.31% | $5.06 | N/A | $25,300,000 | N/A | N/A | N/A |
| Amazon.com Inc. (AMZN) | Equity | +3.69% | 2,810,000 | 7.45% | $219.57 | $226.83 | $616,991,700 | $637,392,300 | +$20,400,600 | +3.31% |
| Aurora Innovation Inc. (AUR) | Equity | 0% | 1,032,463 | 0.03% | $2.11 | $4.45 | $2,173,719 | $4,589,298 | +$2,415,579 | +111.13% |
| Casey's General Stores Inc. (CASY) | Equity | +38.89% | 500,000 | 3.41% | $565.32 | $536.17 | $282,660,000 | $268,085,000 | -$14,575,000 | -5.16% |
| Costar Group Inc. (CSGP) | Equity | -2.20% | 3,017,000 | 3.07% | $84.37 | $68.35 | $254,544,290 | $206,211,950 | -$48,332,340 | -18.99% |
| Kenvue Inc. (KVUE) | Equity | +5.57% | 9,000,000 | 1.76% | $16.23 | $17.35 | $146,070,000 | $156,105,000 | +$10,035,000 | +6.87% |
| Mastec Inc. (MTZ) | Equity | +100% | 725,000 | 1.86% | $212.81 | $222.83 | $154,287,250 | $161,551,750 | +$7,264,500 | +4.71% |
| Nvidia Corp. (NVDA) | Equity | +1.79% | 2,850,000 | 6.42% | $186.58 | $176.35 | $531,753,000 | $502,597,500 | -$29,155,500 | -5.48% |
| Apollo Global Management Inc. (APO-PA) | C.Pref | +100% | 900,000 | N/A | $70.28 | N/A | $63,252,000 | N/A | N/A | N/A |
| Capital One Financial Corp. (COF) | Equity | -23.23% | 1,385,000 | 3.55% | $212.58 | $237.02 | $294,423,300 | $328,268,545 | +$33,845,245 | +11.50% |
| Community Health Systems Inc. (CYH) | Equity | +100% | 150,000 | 0.01% | $3.21 | N/A | $481,500 | N/A | N/A | N/A |
| Floor & Decor Holdings Inc. (FND) | Equity | +100% | 1,330,000 | 1.18% | $73.70 | $60.98 | $98,021,000 | $81,096,750 | -$16,924,250 | -17.27% |
| Hertz Global Holdings Inc. (HTZWW) | Warrant | +100% | 3,970,000 | N/A | $3.72 | N/A | $14,768,400 | N/A | N/A | N/A |
| Live Nation Entertainment Inc. (LYV) | Equity | -31.65% | 1,350,000 | 2.66% | $163.40 | $142.98 | $220,590,000 | $193,023,000 | -$27,567,000 | -12.50% |
| Mr. Cooper Group Inc. (COOP) | Equity | 0% | 925,000 | 2.35% | $210.79 | $210.79 | $194,980,750 | $194,980,750 | $0 | 0% |
| Somnigroup International Inc. (TPX) | Equity | +100% | 3,000,000 | 3.05% | $84.33 | $59.86 | $252,990,000 | $179,580,000 | -$73,410,000 | -29.02% |
| Talen Energy Corp. (TLN) | Equity | -55.41% | 350,000 | 1.80% | $425.38 | $358.70 | $148,883,000 | $125,543,250 | -$23,339,750 | -15.68% |
| Flyexclusive Inc. (FLYX-WS) | Bond | +100% | 367,499 | N/A | $0.32 | N/A | $116,681 | N/A | N/A | N/A |
| Rocket Companies Inc. (RKT) | Equity | -15.79% | 4,000,000 | 0.94% | $19.38 | $18.94 | $77,520,000 | $75,740,000 | -$1,780,000 | -2.30% |
| Union Pacific Corp. (UNP) | Equity | +100% | 875,000 | 2.50% | $236.37 | $238.97 | $206,823,750 | $209,094,375 | +$2,270,625 | +1.10% |