{
  "crd_number": 137927,
  "slug": "third-point-llc-new-york-ny-137927",
  "primary_business_name": "THIRD POINT LLC",
  "legal_name": "THIRD POINT LLC",
  "dbas": [
    "THIRD POINT VENTURES",
    "TP BIRCH GROVE"
  ],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2006-01-12",
  "years_registered": 20,
  "period": "2026-10-01",
  "filing_date": "2026-05-01",
  "carried_forward": false,
  "raum_total": 28732008681.0,
  "raum_discretionary": 28225207914.0,
  "raum_non_discretionary": 506800767.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 143,
  "advisory_employees": 68,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 2003192828.0,
      "count": 8,
      "description": "OTHER SOVEREIGN ENTITIES AND SMAS"
    },
    "state_municipal": {
      "raum": 6638633.0,
      "count": null,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 2105840678.0,
      "count": null,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 642471472.0,
      "count": 7
    },
    "pooled_investment_vehicles": {
      "raum": 23973865070.0,
      "count": 50
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 4,
  "states_registered": [],
  "websites": [
    "https://linkedin.com/company/third-point-llc",
    "https://linkedin.com/company/third-point-real-estates-strategies",
    "https://linkedin.com/company/tp-birch-grove",
    "https://malibulifeinsurance.com",
    "https://thirdpoint.com",
    "https://thirdpointprivatecapital.com",
    "https://thirdpointres.com",
    "https://thirdpointventures.com",
    "https://tpbirchgrove.com",
    "https://x.com/thirdpointllc",
    "https://youtube.com/channel/UCm2xS3WlIGYdD-jJ-aI_kqA"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/137927",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?"
    },
    {
      "item": "11.H(1)(a)",
      "question": "In the past ten years, has a domestic or foreign court issued an injunction against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.H(1)(b)",
      "question": "Has a domestic or foreign court ever found that the firm or an advisory affiliate was involved in a violation of investment-related statutes or regulations?"
    },
    {
      "item": "11.H(2)",
      "question": "Is the firm or an advisory affiliate now the subject of a civil proceeding that could result in a yes answer to any part of 11.H(1)?"
    }
  ],
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/third-point-llc-new-york-ny-137927",
  "display_name": "Third Point LLC",
  "summary": "Third Point LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2006, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 1, 2026.",
  "citation": "AdvisorCensus. Third Point LLC (CRD 137927): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Third Point LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Third Point LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "What does Third Point LLC's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated April 1, 2026 states: Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Third Point LLC located?",
      "a": "Third Point LLC's principal office is in New York, NY, according to its Form ADV; the June 2026 filing also lists 6 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Third Point LLC registered with the SEC or a state?",
      "a": "Third Point LLC is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 137927."
    },
    {
      "q": "How much does Third Point LLC manage?",
      "a": "Third Point LLC reports $28,732,008,681 in regulatory assets under management in its Form ADV filing dated May 1, 2026 (98% discretionary)."
    },
    {
      "q": "How have Third Point LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Third Point LLC: Regulatory assets under management: $25,993,994,509 in the October 2021 data and $28,732,008,681 in the October 2026 data, up 11%. Total employees: 89 in October 2021 and 143 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Third Point LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (50); other (8); other investment advisers (7)."
    },
    {
      "q": "Which custodians does Third Point LLC use?",
      "a": "Third Point LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists The Bank of New York Mellon as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Third Point LLC report any disciplinary disclosures?",
      "a": "Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation), 11.H(1)(a) (court injunction in the past ten years), 11.H(1)(b) (court finding of a violation), and 11.H(2) (pending civil proceeding). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/137927"
    },
    {
      "q": "What changed in Third Point LLC's recent Form ADV filings?",
      "a": "In the May 2026 filing data: No longer lists the business name Third Point Ventures LLC. Added the business name Third Point Ventures. Employees performing advisory functions went from 65 to 68. Regulatory assets under management went from $21,775,035,456 to $28,732,008,681 (+32%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 25993994509.0,
      "total_employees": 89,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 27574264943.0,
      "total_employees": 98,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 17964888804.0,
      "total_employees": 110,
      "filing_date": "2023-03-31"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 15034356608.0,
      "total_employees": 94,
      "filing_date": "2024-03-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 21775035456.0,
      "total_employees": 139,
      "filing_date": "2025-06-16"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 28732008681.0,
      "total_employees": 143,
      "filing_date": "2026-05-01"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "No longer lists the business name Third Point Ventures LLC.",
        "Added the business name Third Point Ventures.",
        "Employees performing advisory functions went from 65 to 68.",
        "Regulatory assets under management went from $21,775,035,456 to $28,732,008,681 (+32%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 1, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.75% to 2% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.75% to 2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "For the Hedge Funds, we typically receive an annual management fee of between 0.75% and 2.0% on assets under management depending on the Hedge Fund and share class or tranche."
        ]
      }
    ],
    "quotes": [
      "For the Hedge Funds, we typically receive an annual management fee of between 0.75% and 2.0% on assets under management depending on the Hedge Fund and share class or tranche."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "The Bank of New York Mellon",
      "name_as_filed": "THE BANK OF NEW YORK MELLON",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/third-point-llc-new-york-ny-137927.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 50,
      "fewer_than_5": false,
      "raum": 23973865070.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 6638633.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 7,
      "fewer_than_5": false,
      "raum": 642471472.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": null,
      "fewer_than_5": true,
      "raum": 2105840678.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 8,
      "fewer_than_5": false,
      "raum": 2003192828.0
    }
  ],
  "disclosure_line": "Reports 4 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/137927",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}