Question 1

Does Third Point own PCG stock?

Accepted Answer

No. Third Point exited its PCG (Pg&E) position in Q1 2026. Its Q4 2025 13F listed 34,300,000 shares worth $551.2M.

Question 2

How many shares of PCG does Third Point own?

Accepted Answer

None since Q1 2026, when Third Point exited the position. Its Q4 2025 13F listed 34,300,000 shares worth $551.2M.

Question 3

What is Third Point's PCG position worth?

Accepted Answer

Third Point's PCG position was worth $551.2M in its Q4 2025 13F, before the exit in Q1 2026.

Question 4

Is Third Point buying or selling PCG?

Accepted Answer

In Q1 2026, Third Point exited its entire PCG position.

Question 5

When did Third Point first buy PCG?

Accepted Answer

Third Point first reported PCG in its Q3 2020 13F and listed it in 22 quarterly 13F filings.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q1 Latest	Exited	0	-100.0%	$0	0.0%	$17.45	0
2025-Q4	Decreased	34.3M	-31.5%	$551.2M	7.6%	$15.91	0
2025-Q3	Decreased	50.1M	-2.0%	$755.5M	8.4%	$14.89	0
2025-Q2	Unchanged	51.1M	0.0%	$712.3M	9.3%	$13.74	0
2025-Q1	Increased	51.1M	+5.4%	$877.9M	13.4%	$16.90	66
2024-Q4	Decreased	48.5M	-2.5%	$978.7M	13.2%	$19.82	0
2024-Q3	Decreased	49.8M	-7.4%	$983.6M	13.2%	$19.39	0