Third Point Q1 2025 Investor Letter
Source: SeekingAlpha
2025-05-02 09:30:00 ET
Summary
- Third Point's Offshore Fund returned -3.7% in Q1, with Meta, Rolls-Royce, and Intercontinental Exchange among top winners, and PG&E, TSMC, and Carvana among top losers.
- Investor optimism at the start of Q1 turned negative due to trade policy concerns, but Third Point remains well-positioned with new investments and reduced market-sensitive exposure.
- CoStar Group's capital allocation issues are being addressed with new directors and a Capital Allocation Committee, aiming for improved EBITDA growth and stock performance by 2025.
- Structured Credit returned +1.5% gross in Q1, with a focus on U.S. residential mortgages and identifying credit opportunities amid market volatility and tariff impacts.
Dear Investor:
During the First Quarter, Third Point returned -3.7% in the flagship Offshore Fund....
Read the full article on Seeking Alpha
For further details see:
Third Point Q1 2025 Investor Letter
Meta Platforms Inc
NASDAQ: META
META Trading
-1.38% G/L:
$644.75 Last:
5,517,879 Volume:
$647.90 Open:
META Latest News
March 09, 2026 05:26:00 am
For the First Time in 13 Quarters, Billionaire Chase Coleman's No. 1 Holding Isn't Meta Platforms or Microsoft -- but It Is a "Magnificent" Stock
META Stock Data
$1,697,432,898,563
2,504,259,909
N/A
2958
N/A
Interactive Multi-Media
Media
US
Menlo Park
