Third Point Investors Limited Reports June 2025 NAV Performance
Why we think this is neutral
The RNS provides a mixed picture, with relatively low revenue growth compared to the broader market, but limited details on profitability, cash flow, and valuation. While there are some potential headwinds mentioned, the overall tone is relatively neutral.
Key Points
- Third Point Investors Limited returned 2.6% on a NAV basis in June 2025
- The company's share price returned 9.3% during the month
- Top contributors included Taiwan Semiconductor Manufacturing Company, Nvidia Corp., and Siemens Energy AG
- Top detractors included Pacific Gas and Electric Co., Kenvue Inc., and London Stock Exchange Group PL
Summary
Third Point Investors Limited has reported its June 2025 NAV performance, with the company returning 2.6% on a NAV basis, compared to a 4.3% return for the MSCI World Index and a 5.1% return for the S&P 500 Index. The company's share price returned 9.3% during the month, reflecting a narrowing in the discount to NAV from -25.3% to -20.4%. The top contributors for the month included semiconductor manufacturing company Taiwan Semiconductor Manufacturing Company, enterprise technology company Nvidia Corp., and energy company Siemens Energy AG. The top detractors included utility company Pacific Gas and Electric Co., consumer staples company Kenvue Inc., and financial company London Stock Exchange Group PL.