事件驱动 / 集中Event-driven / concentrated · famous
Third Point
第三点
研究可用度中Medium research usability
13F-RS 研究可用度13F-RS research usability
69.9
覆盖coverage 75% · 置信confidence B
结论先行Answer first
前五大占38.4%，最值得继续核验的动作是新建WARNER BROS DISCOVERY INCTop five represent 38.4%; new position in WARNER BROS DISCOVERY INC is the clearest next diligence lead
最大可见普通证券持仓为WARNER BROS DISCOVERY INC（11.4%）；季度快照换手代理为45.1%，前十大延续率为66.8%。该机构归入“事件驱动/集中”，13F只能解释公开的美国可报告证券多头。
The largest visible non-option holding is WARNER BROS DISCOVERY INC (11.4%). The quarterly snapshot turnover proxy is 45.1%, and top-ten persistence is 66.8%. The manager is classified as Event-driven/concentrated; 13F covers only visible reportable U.S. long securities.
下一步Next diligence
把新建WARNER BROS DISCOVERY INC作为研究线索，结合公司基本面、估值、催化剂及13D/G核验；不要直接跟单。
Treat the new position in WARNER BROS DISCOVERY INC as a research lead and verify fundamentals, valuation, catalysts and any 13D/G filings; do not copy mechanically.
CIK · accession · accepted date
本季申报链Current filing chain
先展示 13F-NT 关系通知，再展示解析到的 13F-HR / HR-A。价值单位说明保留检测结果和归一化倍数。
Relationship notices appear before resolved 13F-HR / HR-A filings. Unit notes preserve the detection result and normalization multiplier.
| 法律申报人Legal filer | CIK | Form | Accession | 申报日Filed | 解析 / 单位说明Resolution / unit note |
|---|---|---|---|---|---|
| Third Point LLC | CIK 0001040273 | 13F-HR | 0001040273-26-000003 | 2026-08-14 | usd_consistent_with_implied_prices |
2026-03-31 → 2026-06-30
持仓与季度变化Holdings and quarterly change
前十大可见普通证券Top visible non-option holdings 10
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| WARNER BROS DISCOVERY INCCOM SER A · CUSIP 934423104 | — | $533.2m | 11.39% | 20,000,000 | — |
| AMAZON COM INCCOM · CUSIP 023135106 | — | $417.1m | 8.91% | 1,750,000 | -9.8% |
| ALPHABET INCCAP STK CL A · CUSIP 02079K305 | — | $366.3m | 7.83% | 1,025,000 | 485.7% |
| CRH PLCORD · CUSIP G25508105 | — | $234.9m | 5.02% | 2,195,000 | 15.5% |
| TELEPHONE & DATA SYS INCCOM NEW · CUSIP 879433829 | — | $232.2m | 4.96% | 6,275,000 | -4.9% |
| TAIWAN SEMICONDUCTOR MANUFACSPONSORED ADS · CUSIP 874039100 | — | $219.7m | 4.69% | 460,000 | 67.3% |
| LIVE NATION ENTERTAINMENT INCOM · CUSIP 538034109 | — | $207.8m | 4.44% | 1,135,000 | 144.1% |
| KEYSIGHT TECHNOLOGIES INCCOM · CUSIP 49338L103 | — | $204.8m | 4.38% | 585,000 | — |
| SOMNIGROUP INTERNATIONAL INCCOM · CUSIP 88023U101 | — | $201.5m | 4.31% | 2,570,769 | 13.2% |
| BLOCK INCCL A · CUSIP 852234103 | — | $194.5m | 4.16% | 2,558,943 | — |
新建仓位New positions 10
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| WARNER BROS DISCOVERY INCCOM SER A · CUSIP 934423104 | — | $533.2m | 11.39% | 20,000,000 | — |
| KEYSIGHT TECHNOLOGIES INCCOM · CUSIP 49338L103 | — | $204.8m | 4.38% | 585,000 | — |
| BLOCK INCCL A · CUSIP 852234103 | — | $194.5m | 4.16% | 2,558,943 | — |
| FLEX LTDORD · CUSIP Y2573F102 | — | $166.9m | 3.57% | 1,030,000 | — |
| TTM TECHNOLOGIES INCCOM · CUSIP 87305R109 | — | $94.4m | 2.02% | 505,000 | — |
| PERFORMANCE FOOD GROUP COCOM · CUSIP 71377A103 | — | $75.5m | 1.61% | 675,000 | — |
| ALPHABET INCDEP SHS RP1/20 A · CUSIP 02079K404 | — | $66.2m | 1.41% | 1,300,000 | — |
| SYSCO CORPCOM · CUSIP 871829107 | — | $48.2m | 1.03% | 580,000 | — |
| ARES MANAGEMENT CORPORATIONCL A COM STK · CUSIP 03990B101 | — | $41.7m | 0.89% | 375,000 | — |
| SPACE EXPLORATION TECHN CORPCLASS A COM STK · CUSIP 84615Q103 | — | $30.8m | 0.66% | 180,415 | — |
增持仓位Added positions 10
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| ALPHABET INCCAP STK CL A · CUSIP 02079K305 | — | $366.3m | 7.83% | 1,025,000 | 485.7% |
| CRH PLCORD · CUSIP G25508105 | — | $234.9m | 5.02% | 2,195,000 | 15.5% |
| SOMNIGROUP INTERNATIONAL INCCOM · CUSIP 88023U101 | — | $201.5m | 4.31% | 2,570,769 | 13.2% |
| NORFOLK SOUTHN CORPCOM · CUSIP 655844108 | — | $188.8m | 4.03% | 600,000 | 500.0% |
| DANAHER CORP DELCOM · CUSIP 235851102 | — | $102.9m | 2.20% | 540,000 | 2.9% |
| CAPITAL ONE FINL CORPCOM · CUSIP 14040H105 | — | $165.5m | 3.54% | 825,000 | 489.3% |
| API GROUP CORPCOM STK · CUSIP 00187Y100 | — | $121.3m | 2.59% | 2,865,000 | 41.1% |
| HUT 8 CORPCOM · CUSIP 44812J104 | — | $151.8m | 3.24% | 1,315,000 | 51.2% |
| LIVE NATION ENTERTAINMENT INCOM · CUSIP 538034109 | — | $207.8m | 4.44% | 1,135,000 | 144.1% |
| UNION PAC CORPCOM · CUSIP 907818108 | — | $95.2m | 2.03% | 350,000 | 250.0% |
减持仓位Reduced positions 4
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| AMAZON COM INCCOM · CUSIP 023135106 | — | $417.1m | 8.91% | 1,750,000 | -9.8% |
| TELEPHONE & DATA SYS INCCOM NEW · CUSIP 879433829 | — | $232.2m | 4.96% | 6,275,000 | -4.9% |
| CARPENTER TECHNOLOGY CORPCOM · CUSIP 144285103 | — | $132.6m | 2.83% | 215,000 | -30.6% |
| MASTEC INCCOM · CUSIP 576323109 | — | $120.7m | 2.58% | 290,000 | -9.4% |
退出仓位Exited positions 9
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| META PLATFORMS INCCL A · CUSIP 30303M102 | — | $51.5m | 2.47% | 90,000 | -100.0% |
| SPDR GOLD TRGOLD SHS · CUSIP 78463V107 | — | $40.9m | 1.96% | 95,000 | -100.0% |
| NVIDIA CORPORATIONCOM · CUSIP 67066G104 | — | $33.1m | 1.59% | 190,000 | -100.0% |
| KLA CORPCOM NEW · CUSIP 482480100 | — | $16.2m | 0.78% | 11,000 | -100.0% |
| LAM RESEARCH CORPCOM NEW · CUSIP 512807306 | — | $16.0m | 0.77% | 75,000 | -100.0% |
| BROADCOM INCCOM · CUSIP 11135F101 | — | $15.5m | 0.74% | 50,000 | -100.0% |
| VANECK ETF TRUSTSEMICONDUCTR ETF · CUSIP 92189F676 | — | $15.3m | 0.74% | 40,000 | -100.0% |
| SHARKNINJA INCCOM SHS · CUSIP G8068L108 | — | $13.8m | 0.66% | 130,509 | -100.0% |
| CLARITEV CORPORATIONCL A NEW · CUSIP 62548M209 | — | $719.0k | 0.04% | 44,000 | -100.0% |
期权切片Options slice 1
Put/Call 股数是标的股数；13F 没有执行价、到期日、权利金或净方向。Put/call shares are underlying shares; 13F omits strike, expiry, premium and net direction.
| 证券Security | Put / Call | 申报价值Filed value | 权重Weight | 股数 / 标的股数Shares / underlying shares | 股数变化Share change |
|---|---|---|---|---|---|
| STATE STR SPDR S&P 500 ETF TTR UNIT · CUSIP 78462F103 | PUT | $28.8m | 0.61% | 40,000 | — |
13F-RS-v1.0
评分拆解Score breakdown
| 维度Dimension | 得分Score | 相对满分Relative to max | 比例Ratio |
|---|---|---|---|
| 申报完整性Filing integrity | 15.0 / 15 | 100% | |
| 实体映射Entity mapping | 10.0 / 10 | 100% | |
| 策略适配度Strategy fit | 7.5 / 15 | 50% | |
| 集中度信息密度Concentration signal | 10.0 / 10 | 100% | |
| 高确信度可识别性Conviction identifiability | 8.8 / 15 | 59% | |
| 延续性 / 换手Persistence / turnover | 6.0 / 10 | 60% | |
| 申报时滞Filing lag | 0.0 / 10 | 0% | |
| 不可见风险Opacity risk | 8.2 / 10 | 82% | |
| 独立共识Independent consensus | 4.4 / 5 | 88% |
策略分类：事件驱动 / 集中。分数衡量公开13F的研究可用度，不评价未来收益。Strategy classification: Event-driven / concentrated. The score measures public-13F research usability, not future returns.
H（高确信度可识别性）当前以单仓≥2%为有限代理，尚未接入风格基准主动权重，因此该分项覆盖度只有50%。H (conviction identifiability) currently uses positions ≥2% as a limited proxy; style-benchmark active weights are not yet available, so this component has only 50% coverage.