Using an optimized implementation of the three-dimensional (3D) method of characteristics for neutron transport, along with a novel equivalence method for transport calculations that was designed to correct self-shielding errors from neglecting the angular dependence of resonant group absorption, a 3D full-core light water reactor hybrid stochastic-deterministic eigenvalue calculation was achieved. This paper presents the optimizations developed and compares the transport solutions obtained. For the statepoint, run times near 10 000 CPU hours are achieved—improving on previous works by an order of magnitude—with near 1% error on pin fission to 238U capture ratios and a few dozen pcms on the eigenvalue.