Third Point's 13F Filing Shows New Positions in Tesla, CVS, Dumps Micron

2024-11-15 45

Third Point's recent 13F filing highlights notable portfolio changes. The hedge fund added a stake in Brookfield Corp and opened positions in Tesla and CVS. It closed stakes in AIG, Verizon, and Micron Technology. Third Point adjusted its portfolio by increasing its stake in Intercontinental Exchange while reducing its holdings in Amazon. It sold over half its stake in Meta but retained a significant portion valued at over $300 million.