Third Point LLC Q2 2024 13F Exited Positions Include 1.53M Marvell Technology Shares, 250K Goldman Sachs Shares, 525.2K Wesco International Shares, 55K Gartner Shares, 750K Telephone & Data Systems Calls, And 150K Patterson-UTI Energy Shares
Portfolio Pulse from Benzinga Newsdesk
Third Point LLC's Q2 2024 13F filing reveals that the hedge fund has exited its positions in several companies, including 1.53 million shares of Marvell Technology, 250,000 shares of Goldman Sachs, 525,200 shares of Wesco International, 55,000 shares of Gartner, 750,000 Telephone & Data Systems calls, and 150,000 shares of Patterson-UTI Energy.
August 14, 2024 | 8:41 pm
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NEGATIVE IMPACT
Third Point LLC has exited its position in Goldman Sachs, selling 250,000 shares.
The sale of 250,000 shares by a major hedge fund could negatively impact Goldman Sachs' stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Third Point LLC has exited its position in Gartner, selling 55,000 shares.
The sale of 55,000 shares by a major hedge fund could negatively impact Gartner's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Third Point LLC has exited its position in Marvell Technology, selling 1.53 million shares.
The sale of 1.53 million shares by a major hedge fund could put downward pressure on Marvell Technology's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Third Point LLC has exited its position in Patterson-UTI Energy, selling 150,000 shares.
The sale of 150,000 shares by a major hedge fund could negatively impact Patterson-UTI Energy's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Third Point LLC has exited its position in Telephone & Data Systems, selling 750,000 calls.
The sale of 750,000 calls by a major hedge fund could put downward pressure on Telephone & Data Systems' stock price in the short term.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 100
NEGATIVE IMPACT
Third Point LLC has exited its position in Wesco International, selling 525,200 shares.
The sale of 525,200 shares by a major hedge fund could put downward pressure on Wesco International's stock price in the short term.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100