Activist investor Dan Loeb’s Third Point LLC boosted its stake in Meta Platforms, Inc. (NASDAQ:META) by 47% in the third quarter of 2025.

Details:

According to recent 13F filings, reflecting his holdings as of Sept. 30, Third Point raised its stake to 220,000 shares from 150,000 in the second quarter of 2025.

Notably, in the first quarter of 2025, Third Point fully divested its holdings in Meta, having held 665,000 shares at the close of the fourth quarter of 2024.

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Recent Earnings Release

In October, Meta reported third-quarter diluted earnings per share of $1.05, which includes a one-time, non-cash income tax charge of $15.93 billion and may not compare to estimates of $6.68.

Quarterly revenue of $51.24 billion, which beat the Street estimate of $49.38 billion and was a 26.25% increase year over year.

CEO Mark Zuckerberg said Meta’s investment in smart glasses and augmented ...