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Daniel Loeb is back in XYZ after 5.5 years out, now 4.18% of the portfolio.

Re-entered with 2,558,943 shares worth $194.48M; the fund had sold out of the name in 2020 Q4.
Published · Based on SEC filings

High impact
Re-entry
2026 Q2

Daniel Loeb's Third Point is back in Block, Inc (XYZ) in 2026 Q2, after 5.5 years out, according to the 13F-HR filed with the SEC on August 14, 2026. The filing lists 2.56M shares worth about $194.5M at June 30, 2026, 4.18% of the reported portfolio. XYZ enters the book as the 10th largest of 40 stock positions.

What did the 2026 Q2 filing report for XYZ?

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

Value
Shares 2.56M
Reported value $194.5M
Portfolio weight 4.18%
Rank in portfolio 10th of 40
Sold out in 2020 Q4
Out for 5.5 years

How big is the returning XYZ position?

Daniel Loeb opened 16 stock positions in 2026 Q2; XYZ is the 3rd largest of them by weight. An average stock position in the Daniel Loeb portfolio is 2% of the reported value, so the new name comes in above the fund's typical size.

Where does XYZ sit in the Daniel Loeb portfolio?

XYZ ranks 10th of 40 stock positions in the Daniel Loeb portfolio at 4.18%, above the fund's average stock position of 2%. The XYZ purchase was the 4th largest of the quarter's 42 position changes by percent change to portfolio. 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. 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

When did Daniel Loeb hold XYZ before?

Daniel Loeb held XYZ before. The fund first reported the name in the quarter ended June 30, 2020, sold out in 2020 Q4 and is back after 5.5 years out. The new stake is already larger than any weight the fund reported for the name before. Every reported trade is on the Daniel Loeb XYZ trade history page.

Daniel Loeb shares of XYZ by quarter

FAQ

How many XYZ shares does Daniel Loeb hold?

Daniel Loeb holds 2.56M shares of XYZ as of June 30, 2026, worth about $194.5M.

What is XYZ's weight in the Daniel Loeb portfolio?

XYZ is 4.18% of the Daniel Loeb portfolio and ranks 10th of 40 stocks by weight.

Has Daniel Loeb owned XYZ before?

Yes. Daniel Loeb held XYZ before. The fund first reported the name in the quarter ended June 30, 2020, sold out in 2020 Q4 and is back after 5.5 years out.

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
Alan Irwin
Alan Irwin
Valuesider analyst