--- title: "Billionaire Investor Dan Loeb’s Third Point Exited 5 Chip Stocks Last Quarter — Here’s How They’re Performing Today" type: "News" locale: "en" url: "https://longbridge.com/en/news/300789413.md" description: "Dan Loeb’s Third Point LLC fully exited five semiconductor holdings in Q2, including Nvidia, Broadcom, KLA, Lam Research, and the VanEck Semiconductor ETF, totaling ~$96.1 million. Conversely, it increased its TSM position by 67.3% to ~$219.7 million and opened a $94.4 million stake in TTM Technologies. Since exiting, the sold stocks showed mixed performance: Nvidia (+6.17%), KLA (+17.23%), Lam Research (+17.2%), and SMH (+13.31%) gained, while Broadcom fell 7.04% as of Oct 1, 2026." datetime: "2026-10-02T12:00:14.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/300789413.md) - [en](https://longbridge.com/en/news/300789413.md) - [zh-HK](https://longbridge.com/zh-HK/news/300789413.md) generator: "portal-rs" --- # Billionaire Investor Dan Loeb’s Third Point Exited 5 Chip Stocks Last Quarter — Here’s How They’re Performing Today Billionaire investor **Dan Loeb**’s **Third Point LLC** exited five semiconductor-related holdings in the second quarter. According to its 13F filing, a quarterly report of investment holdings submitted to the Securities and Exchange Commission within 45 days of the end of each quarter, Third Point fully exited **Nvidia Corp.** (NASDAQ:NVDA), a position worth $33.1 million and **Broadcom Inc.** (NASDAQ:AVGO), worth $15.5 million. The liquidation went beyond those two prominent names. Third Point also sold out of **KLA Corp.** (NASDAQ:KLAC), worth $16.2 million, **Lam Research Corp.** (NASDAQ:LRCX), worth $16 million, and the **VanEck Semiconductor ETF** (NASDAQ:SMH), worth $15.3 million. ## Third Point Exits Five Semiconductor-Related Bets Together, the five semiconductor-related positions were worth approximately $96.1 million based on their reported values in the previous quarter. The shift, however, was not a complete retreat from semiconductors. Third Point increased its position in **Taiwan Semiconductor Manufacturing Co.** (NYSE:TSM) by 67.3%, bringing its holdings to 460,000 shares valued at approximately $219.7 million. **Read Also: Billionaire Activist Investor Dan Loeb's Third Point Builds 4-Stock Bitcoin-To-AI Basket** The fund also added exposure further down the semiconductor supply chain. Third Point opened a $94.4 million position in **TTM Technologies Inc.** (NASDAQ:TTMI), a manufacturer of printed circuit boards and related components used in data centers and other technology applications. The investment adds exposure to the broader AI infrastructure ecosystem beyond chipmakers themselves. ## How the Exited Chip Stocks Are Performing Against that backdrop, the five semiconductor holdings Third Point exited have posted mixed performance over the past month. | Company | One-month performance | | ------------------------ | --------------------- | | Nvidia | +6.17% | | Broadcom | -7.04% | | KLA | +17.23% | | Lam Research | +17.2% | | VanEck Semiconductor ETF | +13.31% | *Note: Performance as of Oct. 1, 2026* **Read Also: Billionaire Investor Dan Loeb’s Third Point Exited 5 Chip Stocks Last Quarter — Here’s How They’re Performing Today** ***Disclaimer:*** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.* *Photo courtesy: Shutterstock* ### Related Stocks - [KLAC.US](https://longbridge.com/en/quote/KLAC.US.md) - [LRCX.US](https://longbridge.com/en/quote/LRCX.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [TTMI.US](https://longbridge.com/en/quote/TTMI.US.md) - [ANV.US](https://longbridge.com/en/quote/ANV.US.md) - [AVGC.US](https://longbridge.com/en/quote/AVGC.US.md) - [AVGG.US](https://longbridge.com/en/quote/AVGG.US.md) - [AVGU.US](https://longbridge.com/en/quote/AVGU.US.md) - [AVGW.US](https://longbridge.com/en/quote/AVGW.US.md) - [AVGX.US](https://longbridge.com/en/quote/AVGX.US.md) - [AVL.US](https://longbridge.com/en/quote/AVL.US.md) - [AVS.US](https://longbridge.com/en/quote/AVS.US.md) - [DIPS.US](https://longbridge.com/en/quote/DIPS.US.md) - [KLAG.US](https://longbridge.com/en/quote/KLAG.US.md) - [LRCC.US](https://longbridge.com/en/quote/LRCC.US.md) - [LRCU.US](https://longbridge.com/en/quote/LRCU.US.md) - [NVC.US](https://longbridge.com/en/quote/NVC.US.md) - [NVD.US](https://longbridge.com/en/quote/NVD.US.md) - [NVDB.US](https://longbridge.com/en/quote/NVDB.US.md) - [NVDD.US](https://longbridge.com/en/quote/NVDD.US.md) - [NVDG.US](https://longbridge.com/en/quote/NVDG.US.md) - [NVDL.US](https://longbridge.com/en/quote/NVDL.US.md) - [NVDO.US](https://longbridge.com/en/quote/NVDO.US.md) - [NVDQ.US](https://longbridge.com/en/quote/NVDQ.US.md) - [NVDS.US](https://longbridge.com/en/quote/NVDS.US.md) - [NVDU.US](https://longbridge.com/en/quote/NVDU.US.md) - [NVDW.US](https://longbridge.com/en/quote/NVDW.US.md) - [NVDX.US](https://longbridge.com/en/quote/NVDX.US.md) - [NVDY.US](https://longbridge.com/en/quote/NVDY.US.md) - [NVIB.US](https://longbridge.com/en/quote/NVIB.US.md) - [NVII.US](https://longbridge.com/en/quote/NVII.US.md) - [NVIT.US](https://longbridge.com/en/quote/NVIT.US.md) - [NVW.US](https://longbridge.com/en/quote/NVW.US.md) - [NVYY.US](https://longbridge.com/en/quote/NVYY.US.md) - [NYYY.US](https://longbridge.com/en/quote/NYYY.US.md) - [SMH.US](https://longbridge.com/en/quote/SMH.US.md) - [STSM.US](https://longbridge.com/en/quote/STSM.US.md) - [TMYY.US](https://longbridge.com/en/quote/TMYY.US.md) - [TSMG.US](https://longbridge.com/en/quote/TSMG.US.md) - [TSMU.US](https://longbridge.com/en/quote/TSMU.US.md) - [TSMX.US](https://longbridge.com/en/quote/TSMX.US.md) - [TSMY.US](https://longbridge.com/en/quote/TSMY.US.md) - [TSMZ.US](https://longbridge.com/en/quote/TSMZ.US.md) - [TTMX.US](https://longbridge.com/en/quote/TTMX.US.md) - [TWSC.US](https://longbridge.com/en/quote/TWSC.US.md) - [XTAI.US](https://longbridge.com/en/quote/XTAI.US.md) - [07388.HK](https://longbridge.com/en/quote/07388.HK.md) - [07788.HK](https://longbridge.com/en/quote/07788.HK.md) - [09388.HK](https://longbridge.com/en/quote/09388.HK.md) - [AVGO.US](https://longbridge.com/en/quote/AVGO.US.md) - [TSM.US](https://longbridge.com/en/quote/TSM.US.md) ## Related News & Research - [Nvidia's 'Very Undemanding Valuation' Helps Win Back Top Chip Pick From Leading Analyst](https://longbridge.com/en/news/300801615.md) - [NVIDIA Corporation $NVDA Shares Bought by Mmbg Investment Advisors CO.](https://longbridge.com/en/news/300849659.md) - [Why the iShares Semiconductor ETF gained 11% in September](https://longbridge.com/en/news/300837503.md) - [Nvidia Stock (NVDA) Hits All-Time High Days After Announcing Record Buyback](https://longbridge.com/en/news/300810194.md) - [16,186 Shares of NVIDIA Corporation $NVDA Acquired by Four Tree Island Advisory LLC](https://longbridge.com/en/news/300764343.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**