Question 1

Does Third Point own TLN stock?

Accepted Answer

No. Third Point exited its TLN (Talen Energy) position in Q4 2025. Its Q3 2025 13F listed 350,000 shares worth $148.9M.

Question 2

How many shares of TLN does Third Point own?

Accepted Answer

None since Q4 2025, when Third Point exited the position. Its Q3 2025 13F listed 350,000 shares worth $148.9M.

Question 3

What is Third Point's TLN position worth?

Accepted Answer

Third Point's TLN position was worth $148.9M in its Q3 2025 13F, before the exit in Q4 2025.

Question 4

Is Third Point buying or selling TLN?

Accepted Answer

In Q4 2025, Third Point exited its entire TLN position.

Question 5

When did Third Point first buy TLN?

Accepted Answer

Third Point first reported TLN in its Q1 2025 13F and listed it in 3 quarterly 13F filings.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2025-Q4 Latest	Exited	0	-100.0%	$0	0.0%	$378.97	0
2025-Q3	Decreased	350,000	-55.4%	$148.9M	1.7%	$420.70	0
2025-Q2	Increased	785,000	+34.2%	$228.3M	3.0%	$297.88	68
2025-Q1	New	585,000	—	$116.8M	1.8%	$197.48	70