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Third Point's Dan Loeb says he's sold out of nearly all of his 'Magnificent 7' holdings

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Third Point's Dan Loeb says he's sold out of nearly all of his 'Magnificent 7' holdings - CNBC Finance

Quick Summary:

Early on we got out of Meta, and reduced our Amazon.

"We sold out of our Mag 7 holdings.

We got out of basically all of them," Dan Loeb said.

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Third Point's Dan Loeb says he's sold out of nearly all of his 'Magnificent 7' holdings - CNBC Finance (Picture 1)

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Article Details

Category: MarketsFinanceInvesting

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-23 @ 14:37:47 (2 days ago)

News Timezone: GMT -5:00

News Source URL: cnbc.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CNBC Finance

News ID: 28173909

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About CNBC Finance

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Main Topics: MarketsFinanceInvesting

Official Website: cnbc.com

Update Frequency: 3 posts per day

Year Established: 2005

Headquarters: United States

News Last Updated: 12 hours ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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News Language: English

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Publisher ID: #6

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The story "Third Point's Dan Loeb says he's sold out of nearly all of his 'Magnificent 7' holdings" was covered 2 days ago by CNBC Finance, a news publisher based in United States.

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