Third Point boosts its stake in these ‘Magnificent Seven’ stocks — but offloads this one

Daniel Loeb’s Third Point hedge fund sold off its position in Apple in the fourth quarter, while boosting its holdings in electric-vehicle maker Tesla and social-media giant Meta Platforms.

Feb 14, 2025 - 14:30
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Third Point boosts its stake in these ‘Magnificent Seven’ stocks — but offloads this one
Daniel Loeb’s Third Point hedge fund sold off its position in Apple in the fourth quarter, while boosting its holdings in electric-vehicle maker Tesla and social-media giant Meta Platforms.

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