Billionaire Dan Loeb of Third Point Is Piling Into Nvidia for a 4th Consecutive Quarter, but Dumped His Fund's Entire Stake in This "Magnificent Seven" Stock

2026-03-02 04:26:00 ET

Data is the fuel that keeps Wall Street's engine turning -- and one of the most important data releases of the entire quarter occurred two weeks ago. By no later than Feb. 17, institutional investors with at least $100 million in assets under management were required to file Form 13F with the Securities and Exchange Commission.

A 13F offers a way for investors to track which stocks Wall Street's brightest investors, including billionaire Dan Loeb of Third Point, bought and sold in the most recent quarter . Third Point's 13F detailing fourth-quarter trading activity shows Loeb was a buyer of artificial intelligence (AI) superstar Nvidia (NASDAQ: NVDA) for a fourth consecutive quarter, but was also a seller of another "Magnificent Seven" stock in the AI arena.

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