Dan Loeb's Third Point has liquidated its entire stake in the SPDR Gold Trust (GLD), according to its latest SEC filing. The disclosure, which reflects the firm's holdings as of June 30, 2026, reported the sale of 95,000 shares. The position was previously valued at approximately $40.88 million and accounted for nearly 2% of the hedge fund's reported portfolio.
This exit from the popular gold-backed ETF was disclosed in a quarterly 13F filing, which reveals positions from the end of the prior quarter and may not reflect current holdings. The sale was part of a broader portfolio reshuffle in the second quarter that also saw Third Point exit major technology stocks like Nvidia and Meta Platforms. No specific reason for the GLD sale was provided.