“`html
Key Points
-
During the second quarter of 2025, billionaire investor Dan Loeb’s Third Point completely exited its stake in AT&T, selling 3,775,000 shares.
-
Loeb increased his stake in Nvidia, buying a total of 2,800,000 shares over the first two quarters of 2025, making it his fund’s third-largest holding.
Institutional investors with at least $100 million in assets filed their Form 13Fs with the SEC on August 14, 2025, revealing significant portfolio changes. Loeb’s move away from AT&T, which he had previously purchased, signals a shift towards growth-oriented stocks like Nvidia.
As of mid-2025, Loeb’s fund held 51 securities valued at more than $7.6 billion, emphasizing a rapid strategy of selling and reinvesting in technology solutions amid changing market dynamics.
“`
