<div id="readability-page-1"><div><div>Amid tariff concerns, activist investor Dan Loeb‘s Third Point LLC made significant changes, shedding stakes or exiting major Magnificent Seven stocks during the first quarter of 2025.What Happened: A 13F filing released Thursday shows that Third Point completely exited its positions in Meta Platforms Inc. META and Tesla Inc. TSLA during the first quarter of 2025. The hedge fund had previously held 665,000 shares of Meta and 500,000 shares of Tesla at the end of the fourth quarter of 2024.The investor also fully exited its position in Workday Inc. WDAY in Q1, selling all 500,000 shares it held as of the fourth quarter of 2024.In addition to the complete exits, Third Point also trimmed several positions in the first quarter compared to the fourth quarter of 2024. Notable reductions include:<ul> <li>Microsoft Corporation MSFT: -48%</li> <li>Intercontinental Exchange Inc. ICE: -47%</li> <li>Amazon.com, Inc. AMZN: -32%</li> <li>Brookfield Corporation BN: -15%</li> </ul>Here are the top new additions in the first quarter by shares:<ul> <li>Kenvue Inc. KVUE: 8.9 million</li> <li>AT&amp;T Inc. T: 3.78 million</li> <li>United States Steel Corporation X: 3.63 million</li> <li>NVIDIA Corporation NVDA: 1.45 million</li> <li>CoStar Group, Inc. CSGP: 1.98 million</li> <li>Pinterest, Inc. PINS: 1 million</li> <li>RB Global, Inc. RBA: 950,000</li> <li>Talen Energy Corporation TLN: 585,000 </li> <li>SharkNinja, Inc. SN: 550,000</li> <li>Caseys General Stores, Inc. CASY: 300,000</li> </ul>Here are the top increases in stake in the first quarter compared to the final quarter of 2024 in percentages:<ul> <li>Apollo Global Management, Inc. APO: +275%</li> <li>Soho House &amp; Co Inc. SHCO: +121%</li> <li>Capital One Financial COF: +14%</li> </ul>As of the first quarter of 2025, Loeb’s top five holdings were Pacific Gas &amp; Electric Co. PCG, Kenvue, Telephone and Data Systems, Inc. TDS, Soho House, and Brookfield. Of these, all but Brookfield were new or increased positions during the quarter.<ul> <li>Warren Buffett Ditches Bitcoin-Linked Nu Holdings, Adds To Constellation Brands, Domino’s Pizza, Pool Corp Stakes</li> </ul>Image created using artificial intelligence via Midjourney.</div></div></div>

META

Activist investor Dan Loeb's Third Point LLC exited its positions in Meta and Tesla during Q1 2025, as revealed in a recent 13F filing. The hedge fund also sold all shares of Workday and reduced stakes in Microsoft, Amazon, and others. New investments included Kenvue, AT&T, and United States Steel. The top holdings now include Pacific Gas & Electric and Kenvue, with significant increases in stakes for Apollo Global Management and Soho House.

- Activist investor Dan Loeb's Third Point LLC made significant changes to its portfolio in Q1 2025, exiting major positions in Meta Platforms, Tesla, and Workday.  
- The hedge fund also reduced stakes in several companies, including Microsoft and Amazon, while adding new positions in Kenvue and AT&T.  
- As of Q1 2025, Third Point's top holdings included Pacific Gas & Electric, Kenvue, and Telephone and Data Systems, with notable increases in stakes for Apollo Global Management and Soho House.  

Loeb's Third Point Exits Meta, Tesla, Rotates Into Staples, Telecom, Industrials