These 5 Dan Loeb Portfolio Stocks Are Up Over 30% In The Past Year

Dan Loeb‘s Third Point LLC made major changes in the portfolio in the fourth quarter of 2024.

Also, in February, the portfolio returned -2.3% on an NAV basis, underperforming the MSCI World Index (-0.7%) and the S&P 500 Index (-1.3%) for the month.

Reported in February, these five stocks—held as of Dec. 31, 2024—have each surged over 30% in the past year.

Financial company Brookfield Corporation BN shares jumped around 34.97% compared to its peer BlackRock, Inc. BLK, which rose 17.47% in the last year.

Third Point LLC held 4,990,000 shares of BN as of the fourth quarter of 2024, an increase from 4,725,000 shares in the third quarter of 2024.

Wireless Telecommunication Services firm Telephone and Data Systems, Inc. TDS stock rocketed around 137% in the past year compared to the Invesco S&P SmallCap Utilities & Communication Services ETF PSCU, with growth of 15.86% and closest peer T-Mobile US, Inc. TMUS, which witnessed an increase of 60.74% in the same time frame.

Third Point held 6,000,000 shares of TDS as of the fourth quarter of 2024, which is a significant increase from 2,875,000 as of the third quarter of 2024.

Entertainment company Cinemark Holdings Inc CNK shares jumped 44.23% vs. Invesco S&P Smallcap 600 Pure Growth ETF RZG, which was up 2.27%, and its peer Walt Disney Company DIS, which dipped 16.47% in the past year.

The investor held 3,750,000 shares as of CNK the fourth quarter of 2024, a significant reduction from 7,000,000 shares as of the third quarter of 2024.

Natural gas company EQT Corporation EQT shares rose 55.51% in the past year compared to Invesco Energy Exploration & Production ETF PXE, which declined 15.43% in the same time frame.

Third Point held 2,950,000 EQT shares as of the fourth quarter of 2024, an increase from 1,950,000 shares as of the third quarter of 2024.

Tourism company Global Blue Group Holding AG GB rose 48% in the last year. Loeb held 8,387,601 shares in the company in both the third and fourth quarters of 2024.

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Image created using artificial intelligence via Midjourney.