After setting the initial formation, those positioned on the edge move to make a new formation twice more for a total of 3 formations or points. To set each additional point, at least 35% of the jumpers have to change position for the record to be accepted… Earlier in the week the group also set a 219-way 2 point sequential large formation world record.
Read article about this jump: https://www.dailymail.co.uk/news/article-5058231/Incredible-moment-217-skydivers-form-patterns-air.html