Business
Monthly Update: April 2025 NAV Performance
Monthly Update: April 2025 NAV Performance.
About this update from Malibu Life Holdings Limited
[{"type":"text","content":"\n\n \n \n\n\n\n\n6 May 2025Third Point Investors Limited Monthly Update: April 2025 NAV Performance April 2025 Performance Highlights\tThird Point Investors Limited returned -0.5% on a NAV basis in April 2025, compared with a 0.9% return for the MSCI World Index and a -0.7% return for the S&P 500 Index. \tDuring the month the Company’s share price returned -1.2%, reflecting a widening in the discount to NAV from -16.7% to -17.3%.\tThe top contributors for the month included energy company Siemens Energy AG, industrials and materials company United States Steel Corp., and consumer discretionary company Flutter Entertainment PLC.\tThe top detractors for the month included financial company CoStar Group Inc., utility company Pacific Gas and Electric Co., and financial company UBS Group AG.Full portfolio detail is available at https://www.thirdpointlimited.com/resources/portfolio-updatesNet Performance\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\tMTD\t\t\t\t\t\t\t\t\tQTD\t\t\t\t\t\t\t\t\tYTD\t\t\t\t\t\t\t\t\t\t\t\t\tThird Point Investors Ltd. (NAV)1\t\t\t\t\t\t\t\t\t-0.5%\t\t\t\t\t\t\t\t\t-0.5%\t\t\t\t\t\t\t\t\t-3.8%\t\t\t\t\t\t\t\t\t\t\t\t\tThird Point Investors Ltd. (Price)2\t\t\t\t\t\t\t\t\t-1.2%\t\t\t\t\t\t\t\t\t-1.2%\t\t\t\t\t\t\t\t\t1.2%\t\t\t\t\t\t\t\t\t\t\t\t\tMSCI World Index (Total Return)\t\t\t\t\t\t\t\t\t0.9%\t\t\t\t\t\t\t\t\t0.9%\t\t\t\t\t\t\t\t\t-0.8%\t\t\t\t\t\t\t\t\t\t\t\t\tS&P 500 (Total Return)\t\t\t\t\t\t\t\t\t-0.7%\t\t\t\t\t\t\t\t\t-0.7%\t\t\t\t\t\t\t\t\t-4.9%\t\t\t\t\t\t Key Statistics and AUM Summary\t\t\t\t\t\t\t\t\tPremium/(Discount) to NAV\t\t\t\t\t\t\t\t\t(17.3%)\t\t\t\t\t\t\t\t\t\t\t\t\tThird Point Investors Ltd. Net AUM3\t\t\t\t\t\t\t\t\t$0.5 B\t\t\t\t\t\t Portfolio Detail4The net weightings of the strategy at period-end were 46.4% in Equity, 34.6% in Credit, 5.7% in Privates and 3.4% in Other. A breakdown of positions, including major contributors and detractors, is provided below. For further detail please visit: https://www.thirdpointlimited.com/resources/portfolio-updates. \t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\tEXPOSURE\t\t\t\t\t\t\t\t\tGROSS MTD P&L5\t\t\t\t\t\t\t\t\tNET MTD P&L6\t\t\t\t\t\t\t\t\tGROSS YTD P&L5\t\t\t\t\t\t\t\t\tNET YTD P&L6\t\t\t\t\t\t\t\t\t\t\t\t\t \t\t\t\t\t\t\t\t\tLONG\t\t\t\t\t\t\t\t\tSHORT\t\t\t\t\t\t\t\t\tNET\t\t\t\t\t\t\t\...