Dan Loeb's AI Stock Portfolio
Founder of Third Point, an activist investor who has repositioned the fund around AI winners across the stack. This page filters Third Point's Q2 2026 13F filing through the Supercycle universe: 19 of its reported positions are AI buildout companies, together 45.6% of the portfolio by value.
From the 13F-HR filed for the quarter ended . 13F filings cover long US-listed positions only and lag the quarter by up to 45 days; positions may have changed since. Not investment advice.
AI holdings, scored
| # | Holding | Value | % of portfolio | AI score | Layer | Q/Q |
|---|---|---|---|---|---|---|
| 1 | AMZNAmazon | $417.10M | 9.0% | 58 | Cloud & Hyperscalers | Trimmed -10% |
| 2 | GOOGLAlphabet | $366.30M | 7.9% | 70 | Cloud & Hyperscalers | Added +486% |
| 3 | TSMTaiwan Semiconductor | $219.68M | 4.7% | 78 | Chip Equipment & Foundries | Added +67% |
| 4 | KEYSKeysight Technologies | $204.79M | 4.4% | 22 | Semiconductors | New |
| 5 | XYZBlock | $194.48M | 4.2% | 8 | AI Applications | New |
| 6 | FLEXFlex Ltd | $166.93M | 3.6% | 45 | EMS & Manufacturing | New |
| 7 | HUTHut 8 | $151.81M | 3.3% | 72 | Data Centers & Hardware | Added +51% |
| 8 | MTZMasTec | $120.66M | 2.6% | 38 | Utilities & Grid | Trimmed -9% |
| 9 | TTMITTM Technologies | $94.45M | 2.0% | 60 | EMS & Manufacturing | New |
| 10 | GOOGLAlphabet | $66.16M | 1.4% | 70 | Cloud & Hyperscalers | Added +643% |
| 11 | ASMLASML Holding | $59.61M | 1.3% | 70 | Chip Equipment & Foundries | Added +150% |
| 12 | SPCXSpaceX | $30.83M | 0.7% | 35 | Defense & Aerospace AI | New |
| 13 | GOOGLAlphabet | $10.06M | 0.2% | 70 | Cloud & Hyperscalers | Added +14% |
| 14 | AURAurora Innovation | $7.04M | 0.2% | 97 | Autonomous Vehicles | Trimmed -44% |
| 15 | RIOTRiot Platforms | $7.03M | 0.2% | 35 | Neoclouds | New |
| 16 | CORZCore Scientific | $1.38M | 0.0% | 80 | Neoclouds | New |
| 17 | APLDApplied Digital | $820,600 | 0.0% | 95 | Neoclouds | New |
| 18 | AURAurora Innovation | $587,384 | 0.0% | 97 | Autonomous Vehicles | Unchanged |
| 19 | WOLFWolfspeed | $482,500 | 0.0% | 15 | Semiconductors | New |
Options positions
The filing also reports these put and call option positions, including any on underlyings outside the tracked universe (an index put is a hedge on the whole book). They are shown separately and excluded from every figure above: a 13F reports an option at the market value of the shares it covers, not what the fund paid, and puts are bets against a name, not holdings of it.
| Type | Underlying | Underlying value | Shares covered |
|---|---|---|---|
| Put | STATE STR SPDR S&P 500 ETF T(untracked) | $28.80M | 40,000 |
Where the AI money sits in the buildout
What changed: Q1 2026 to Q2 2026
- Trimmed AMZN (-10% shares)
- Added GOOGL (+486% shares)
- Added TSM (+67% shares)
- New KEYS
- New XYZ
- New FLEX
- Added HUT (+51% shares)
- Trimmed MTZ (-9% shares)
- New TTMI
- Added GOOGL (+643% shares)
- Added ASML (+150% shares)
- New SPCX
- Added GOOGL (+14% shares)
- Trimmed AUR (-44% shares)
- New RIOT
- New CORZ
- New APLD
- New WOLF
- Exited META (was $51.49M)
- Exited NVDA (was $33.14M)
- Exited KLAC (was $16.20M)
- Exited LRCX (was $16.02M)
- Exited AVGO (was $15.48M)
Frequently asked questions
What is Dan Loeb's biggest AI stock?
In the Q2 2026 13F, Third Point's largest tracked AI position is Amazon (AMZN) at $417.10M, 9.0% of the reported portfolio. AMZN carries an AI Exposure Score of 58.
How much of Dan Loeb's portfolio is in AI stocks?
45.6% of Third Point's Q2 2026 13F value ($2.12B of $4.65B) is in companies in the Supercycle AI universe, with a value-weighted AI Exposure Score of 54 (Strategic tier).
What did Dan Loeb change last quarter?
Between Q1 2026 and Q2 2026: trimmed AMZN, added GOOGL, added TSM, new KEYS, new XYZ, new FLEX, added HUT, trimmed MTZ, new TTMI, added GOOGL, added ASML, new SPCX, added GOOGL, trimmed AUR, new RIOT, new CORZ, new APLD, new WOLF, exited META, exited NVDA, exited KLAC, exited LRCX, exited AVGO.