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News  ›  Benzinga

Billionaire Investor Ups Meta Bet As Hedge Fund Reverses Earlier Exit

Benzinga Logo Benzinga By Lekha Gupta
Billionaire Investor Ups Meta Bet As Hedge Fund Reverses Earlier Exit

Activist investor Dan Loeb's Third Point LLC increased its Meta Platforms stake by 47% in Q3 2025, reversing a complete divestment earlier in the year. Meta continues to invest heavily in AI technology and data centers while facing mixed market performance.

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META   neutral

Mixed performance with strong revenue growth, significant AI investments, but underperforming compared to market peers and facing one-time tax charges