Dan Loeb's Third Point adds SpaceX; exits Nvidia; cuts stake in Amazon among Q2 moves
MSN·- Hedge fund Third Point established new stakes in SpaceX and the SPDR S&P 500 ETF Trust during the second quarter. - The firm simultaneously exited its positions in Nvidia and Meta Platforms while reducing its Amazon stake by approximately 10 %. - These portfolio adjustments reflect the notable asset reallocation strategy executed by the New York-based fund over the quarter.