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Daniel Loeb's Third Point increased its COF position by 489%, from 1.23% to 3.56% of the portfolio.

Now holds 825,000 shares worth $165.51M.
Published · Based on SEC filings

Medium impact
Major add
2026 Q2

Daniel Loeb's Third Point bought 685K shares more of Capital One Financial Corp (COF) in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026, a 489% increase in the share count. Daniel Loeb now holds 825K shares worth about $165.5M, 3.56% of the portfolio against 1.23% a quarter earlier.

What did the 2026 Q2 filing report for COF?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Before After
Shares 140K 825K
Shares added +685K (489%)
Reported value $25.5M $165.5M
Portfolio weight 1.23% 3.56%
Rank in portfolio 13th of 40

How much did Daniel Loeb add to COF?

Daniel Loeb added 685K shares of COF during 2026 Q2, taking the stake from 140K to 825K. The reported value of the position rose by about $140M, from about $25.5M to about $165.5M.

Where does COF sit in the Daniel Loeb portfolio?

COF ranks 13th of 40 stock positions in the Daniel Loeb portfolio at 3.56%, above the fund's average stock position of 2%. The largest stock position is WBD at 11.46%. Next come AMZN at 8.97% and GOOGL at 7.88%. The three largest stocks together are 28.31% of the book. The COF addition was the 7th largest of the quarter's 42 position changes by percent change to portfolio. Across the 2026 Q2 portfolio, Daniel Loeb reported 40 stock positions, with 16 opened and 9 closed. The total portfolio value is about $4.7B, up 123% from the prior quarter.

Daniel Loeb buys and sells, 2026 Q2

How long has Daniel Loeb held COF?

Daniel Loeb first reported COF in the quarter ended December 31, 2024. The weight peaked at 5.04% in 2025 Q2. Last quarter the fund had cut the position by 87%, so the add reverses the prior move. Every reported trade is on the Daniel Loeb COF trade history page.

Daniel Loeb shares of COF by quarter

Did other funds buy or sell COF in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 10 hold COF. Of those, 4 added to the position this quarter and 5 trimmed it. The largest buyers of COF this quarter were Dodge & Cox Stock Fund, Richard Pzena and Bill Nygren. The largest sellers were Warren Buffett, Eagle Capital Management and Stephen Mandel. Every tracked holder of COF is on the COF ownership page.

FAQ

How many COF shares did Daniel Loeb buy in 2026 Q2?

Daniel Loeb added 685K shares of COF, a 489% increase, to 825K shares.

What is the COF position of Daniel Loeb worth now?

The COF position of Daniel Loeb is worth about $165.5M at June 30, 2026 prices, 3.56% of the portfolio.

Is COF a top holding of Daniel Loeb?

COF ranks 13th of 40 stock positions in the Daniel Loeb portfolio, at 3.56%.

Did other funds add to COF in 2026 Q2?

Among the 10 other tracked funds that hold COF, 4 added to it in 2026 Q2 and 5 trimmed it.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst