Prior Movesmirror the world’s best investors

🪞 Daniel Loeb · Third Point

Activist, event-driven.

Style
Activist
Disclosed holdings
33
Model accuracy (AUC)
53%
Backtest edge
+1.9 pts/q

Build a basket from the top picks →

🔮 Predicted next buys: quarter ending 2026-06-30

Pure model output for Daniel Loeb · Third Point’s next 13F filing, no public confirmation yet. Probabilities are the model’s raw scores.

#TickerCompanyModel probability
1LITELumentum Holdings Inc94%
2LRCXLam Research Corp91%
3KLACKla Corp90%
4CRWDCrowdstrike Holdings Inc - A85%
5POOLPool Corp82%
6FSVFirstservice Corp81%
7AVGOBroadcom Inc79%
8ADSKAutodesk Inc79%
9GKDGrand Canyon Education Inc76%
10IPHIInphi Corp76%

📉 Predicted exits, conviction fading

Of Daniel Loeb · Third Point’s current disclosed holdings, the names a model flags as most likely to be EXITED or TRIMMED next quarter, before the 13F shows it. Model score (not a calibrated probability), ranked. Holdings as of 2026-03-31.

TickerCompanyWeightLast moveSell likelihood
-Asml Hldg Nv0.76%trimmed last Q▲▲▲ 70
MTZMastec Inc4.94%trimmed last Q▲▲ 69
NSCNorfolk Southn Corp1.38%trimmed last Q▲▲ 69
UNPUnion Pac Corp1.16%trimmed last Q▲▲ 68
-Claritev Corporation0.03%trimmed last Q▲▲ 68
NVDANvidia Corporation1.59%trimmed last Q▲▲ 66
COFCapital One Finl Corp1.23%trimmed last Q▲▲ 66
CRSCarpenter Technology Corp5.87%trimmed last Q▲▲ 65

⚠️ This predicts the ACTION (whether Daniel Loeb · Third Point reduces the position), not a return and not a short. A 13F shows long positions only, so a “sell” here means exiting or cutting a long, never shorting the stock. Walk-forward validated on the decision (AUC ≈ 0.66), but acting on it is not shown to make money. Research, not advice.

📜 Top disclosed holdings: Mar 2026

TickerCompanyWeightLast change
AMZNAmazon Com Inc19.40%➖ Trimmed
TDSTelephone & Data Sys Inc13.34%✊ Held
-Crh Plc9.59%➖ Trimmed
TPDSomnigroup International Inc8.06%➖ Trimmed
CRSCarpenter Technology Corp5.87%➖ Trimmed
MTZMastec Inc4.94%➖ Trimmed
DHRDanaher Corp Del4.78%➖ Trimmed
TSMTaiwan Semiconductor Manufac4.46%➖ Trimmed
APGApi Group Corp3.95%➖ Trimmed
LYVLive Nation Entertainment In3.40%➖ Trimmed
METAMeta Platforms Inc2.47%➖ Trimmed
GOOGLAlphabet Inc2.42%➖ Trimmed
GQ9Spdr Gold Tr1.96%🆕 New
HUTHut 8 Corp1.96%🆕 New
NVDANvidia Corporation1.59%➖ Trimmed

Source: SEC Form 13F (public domain), long U.S. equity positions only, disclosed up to 45 days after quarter-end. Top 15 of 33 shown.

💲 Where they bought: accumulation cost

13F shows holdings, not trade prices. Implied average cost is total value ÷ shares; the zone is the price range that quarter, where they accumulated. “vs cost” is today versus that average. This is where they bought, not a future price.

TickerAvg costAccumulation zoneTodayvs cost
AMZN$208.27$199–$247$247.23+18.7%
TDS$42.10$40–$48$34.32-18.5%
CRS$394.15$310–$412$557.77+41.5%
MTZ$321.74$219–$324$340.81+5.9%
DHR$189.60$181–$241$200.79+5.9%
TSM$337.95$316–$386$420.39+24.4%
APG$40.52$39–$45$40.12-1.0%
LYV$152.51$138–$166$180.22+18.2%
META$572.13$525–$737$664.54+16.2%
GOOGL$287.56$273–$343$346.77+20.6%

🧬 Factor fingerprint, the style behind the book

83% of Daniel Loeb · Third Point’s day-to-day swings are explained by public, buyable factors (Fama-French 5 + momentum), regressed on their current disclosed book (12 of 14 names, ~451 trading days). Market beta 1.22.

growth
value
large-cap
small-cap
low-quality
quality
contrarian
momentum
aggressive
conservative

⚠️ This is the part the great investors can’t hide: their style is a tilt toward known factors, and every one of these is sold as a cheap index ETF. Buying the factors gets you most of the book for a few basis points. What’s left after the factors (the residual) is noisy on a single concentrated book and is not a reliable edge, read this as transparency about the style you’re copying, not a secret signal. Loadings are in-sample on current static weights, U.S. long positions only. Research, not advice.

📈 This mirror’s track: backtest vs S&P 500

Avg edge / quarter
+1.9 pts
Quarters beating S&P
16/34
Avg quarterly return
+5.4%
0%165%331%2017-092021-122025-12This mirror (backtest)S&P 500

⚠️ Read this honestly. Leak-free walk-forward backtest: top-10 predicted new buys ranked from a broad ~2,000-name universe known at the rebalance date, equal-weight, 1-quarter holds, complete quarters only, gross (before costs). Small samples, per-investor edges are noisy and not statistically significant. The consensus mirror's backtest shows +1.8 pts/quarter net vs the S&P 500 over 47 complete quarters (2014–2026), directional, NOT statistically significant (t≈1.4; 95% CI includes zero). Past performance does not predict future results. Not investment advice.

🔔 Follow this mirror

New filings and predicted-buy refreshes are published to every reader at once, weekly digest (email) · build a basket.

Prior Moves is a research publication: one impersonal model portfolio per investor, identical for every reader. You place any trades yourself at your own broker. No execution, no custody, no individualised advice.