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Dan Loeb's Third Point exits Nvidia, cuts Amazon and opens SpaceX stake in the second quarter

8/15/2026

Dan Loeb's Third Point exited Nvidia (NVDA) entirely in the second quarter, trimmed its position in Amazon (AMZN), and opened a new stake in SpaceX.

The portfolio adjustments put both listed names in focus while adding a private-market holding to the fund's second-quarter activity. The position changes Third Point cleared its Nvidia holdings in full.

On Amazon, the fund reduced an existing stake but did not exit; the size of the remaining position is not specified. The SpaceX initiation is the most structurally distinct of the three.

SpaceX does not trade on a public exchange, and private-market positions do not appear in the standard quarterly filings that cover listed equities. The entry price and lot size are not part of the public record.

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