Dan Loeb's Third Point sold its entire stake in NVIDIA during the second quarter of 2026, liquidating 190,000 shares. The position was valued at over $33 million at the end of the prior quarter. The sale was part of a broader portfolio shuffle for the activist investor, who also exited positions in other major tech names like Meta Platforms and Broadcom during the same period.
This activity was disclosed in a quarterly 13F filing with the SEC, which reflects trades made between April 1 and June 30, 2026. These filings offer a delayed snapshot of a fund's holdings and do not necessarily represent the firm's current investment posture. The exit contrasts with other major investors who took different approaches to NVIDIA in the same quarter.