Clients
Third Point serves 65 clients, 50 of them pooled investment vehicles. The average client has about $442 million with the firm.
- Pooled investment vehicles50 clients83%
- Other investment advisers7 clients2%
- Insurance companies7%
- Other8 clients7%
- State or municipal government entities0%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 50 | $23,973,865,070 | 83.4% | $479.5M |
| State or municipal government entities | Not reported | $6,638,633 | 0.0% | — |
| Other investment advisers | 7 | $642,471,472 | 2.2% | $91.8M |
| Insurance companies | Not reported | $2,105,840,678 | 7.3% | — |
| Other | 8 | $2,003,192,828 | 7.0% | $250.4M |
| Total | 65 | $28,732,008,681 | 100% | $442.0M |
- Clients
- 50
- Regulatory AUM
- $23,973,865,070
- Share
- 83.4%
- Avg. per client
- $479.5M
- Clients
- Not reported
- Regulatory AUM
- $6,638,633
- Share
- 0.0%
- Avg. per client
- —
- Clients
- 7
- Regulatory AUM
- $642,471,472
- Share
- 2.2%
- Avg. per client
- $91.8M
- Clients
- Not reported
- Regulatory AUM
- $2,105,840,678
- Share
- 7.3%
- Avg. per client
- —
- Clients
- 8
- Regulatory AUM
- $2,003,192,828
- Share
- 7.0%
- Avg. per client
- $250.4M
Total
- Clients
- 65
- Regulatory AUM
- $28,732,008,681
- Share
- 100%
- Avg. per client
- $442.0M
What it does
Third Point provides portfolio management for pooled vehicles, portfolio management for institutions and other activities. It is paid through a percentage of assets and performance-based fees.
Third Point advises 34 private funds.
98.2% of assets ($28.23B across 68 accounts) are managed with discretion; $506.8M across 1 account is not. 65% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Bonds75%
- High-yield corporate bonds38%
- Investment grade corporate bonds37%
- Cash8%
- Other17%
- Due from brokers, interest, dividend receivables, and private investments17%
Custodians
Third Point’s client accounts are held mainly at The Bank of New York Mellon, with 4% of managed assets. Third Point has custody of client assets.
- The Bank of New York MellonThe Bank of New York Mellon · New York, NY · $1.26B4%
- All other custodians$27.47B96%
Ownership and leadership
Third Point LP owns 75% or more of Third Point, and Daniel Loeb is its CEO.
- Owns 75% or more of Third Point LLC
Third Point LP
Control person · since January 2016
- Owns 75% or more of Third Point LP
Daniel Loeb
Control person · since January 2016
Third Point II Inc.
General partner · Control person · since January 2016
Leadership
- Daniel LoebChief Executive Officer, Chief Investment Officer
- Joshua TargoffPresident
- Richard HaasChief Financial Officer
- Jana TsilmanChief Compliance Officer
- Ian WallacePartner
Staff
- 143 employees
- 68 in advisory functions
Reported holdings
Third Point’s reported 13F holdings total $4.68B across 43 positions, and the ten largest make up 60.1% of it.
- $4.68B
- Reported 13F value
- 43
- Positions
- 60.1%
- In the 10 largest
- +124.7%
- Value vs. prior quarter
- Warner Bros Discovery Inc. · Com Ser A11.4%
- Amazon Com Inc.8.9%
- Alphabet Inc. · Cap Stk CL A7.8%
- Crh PLC5.0%
- Telephone & Data Sys Inc.5.0%
- Taiwan Semiconductor Manufac · Sponsored ADS4.7%
- Live Nation Entertainment IN4.4%
- Keysight Technologies Inc.4.4%
- Somnigroup International Inc.4.3%
- Block Inc. · CL A4.2%
Together, the ten largest are 60.1% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $4.68B is not its $28.73B in regulatory assets and does not represent any individual client's portfolio.
Fees
Third Point is paid through a percentage of assets under management and performance-based fees.
Third Point’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Third Point has 6 offices, with 5 listed addresses across 4 states.
New York · 2 listed addresses
- 55 Hudson Yards, 51st FL, New YorkHQ
- 87 Fairview Place, Sea Cliff
California · 1 listed address
- 2180 Sand Hill Road, Menlo Park
Florida · 1 listed address
- 11850 Southeast Dixie Highway, Hobe Sound
Illinois · 1 listed address
- 233 S Wacker DR, Chicago
Other business names
Third Point has reported 2 other business names to the SEC.
- TP Birch Grove
- Third Point Ventures
Registration details
- Legal name
- Third Point LLC
- Headquarters
- 55 Hudson Yards, 51st FL, New York, NY 10001
- Phone
- 212-715-3880
- Website
- www.thirdpoint.com
- SEC file
- 801-65088
- Structure
- Delaware LLC
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Third Point have?
Third Point has 65 clients and manages $28.7 billion for them, as of May 2026. They include 50 pooled investment vehicles, 8 other clients and 7 other investment advisers.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 1 May 2026
What services does Third Point offer?
Third Point provides portfolio management for pooled vehicles, portfolio management for institutions and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Third Point use?
Third Point’s separately managed account assets are held at The Bank of New York Mellon (New York, NY), with $1,263,359,179. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 1 May 2026
How many financial advisors does Third Point have?
Third Point has 0 investment adviser representatives registered with state securities authorities, out of 143 employees, and 68 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Third Point invest in?
At the end of its last fiscal year, Third Point’s separately managed accounts held 38% high-yield corporate bonds, 37% investment grade corporate bonds, 17% due from brokers, interest, dividend receivables, and private investments and 8% cash and equivalents. It advises 34 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Third Point?
Third Point is owned through a holding company by Daniel Loeb. Its direct owner is Third Point LP (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 1 May 2026
How does Third Point get paid?
Third Point is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file