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Dan Loeb’s cannibal stocks

Third Point · 13F for Q2 2026

4cannibals held
$511.8Min these positions
Q2 2026latest 13F filing
$201.5M2,570,769 shares

Somnigroup International has retired 46.6% of its shares since its peak.

Shares held, 8 quarters
Q3 2024Q2 2026

Flex

FLEXNew
$166.9M1,030,000 shares

Flex retired 0.1% of its shares in twelve months, so this stake grew 0.1% without buying a share.

Shares held, 8 quarters
Q3 2024Q2 2026
$95.2M350,000 shares

Union Pacific has retired 45.1% of its shares since its peak.

Shares held, 8 quarters
Q3 2024Q2 2026

Sysco

SYYNew
$48.2M580,000 shares

Sysco has retired 28.7% of its shares since its peak.

Shares held, 8 quarters
Q3 2024Q2 2026

Values as reported in the 13F at quarter end. See the Q2 2026 filing on EDGAR.

Questions

Which cannibal stocks does Dan Loeb own?

In the Q2 2026 13F, Third Point held SGI, FLEX, UNP, SYY. 4 of them are on the Buyback Radar leaderboard.

Where does this data come from?

From Third Point's 13F filings with the SEC, the last eight quarters, amendments applied, options excluded. A 13F shows US-listed stock positions at quarter end and is filed up to 45 days later, so it is a record, not a live portfolio.

How do buybacks help Dan Loeb?

Flex retired 0.1% of its shares in the last twelve months. That alone made every remaining share, including Dan Loeb's 1,030,000, 0.1% bigger as a slice of the company, without buying anything.

Dan Loeb’s moves in companies like these are covered on Cannibal Stocks.

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