On November 03, 2025, Hussman Strategic Advisors reported a full exit from Check Point Software Technologies Ltd. (CHKP 0.56%) in Q3 2025 with an estimated $4.65 million trade.
What happened
According to a filing with the Securities and Exchange Commission dated November 03, 2025, Hussman Strategic Advisors, Inc. sold out its stake in Check Point Software Technologies Ltd. The fund sold 21,000 shares, removing the position from its portfolio with a $4,646,250 value.
What else to know
The fund fully exited its CHKP position, which now represents 0% of reportable 13F assets under management. CHKP previously represented approximately 1.1% of fund AUM.
Top holdings after the filing:
- UNFI: $5.93 million (1.3% of AUM)
- CPB: $5.31 million (1.2% of AUM)
- CHTR: $5.20 million (1.1% of AUM)
- B: $5.01 million (1.1% of AUM)
- TGTX: $4.55 million (1% of AUM)
As of November 3, 2025, shares of Check Point Software Technologies Ltd. were priced at $194.05, up 4% YTD, underperforming the S&P 500 by 12.6 percentage points during the same period.
Company Overview
| Metric | Value |
|---|---|
| Price (as of November 3, 2025) | $194.05 |
| Market Capitalization | $21.01 billion |
| Revenue (TTM) | $2.68 billion |
| Net Income (TTM) | $1.01 billion |
Company Snapshot
- Offers a comprehensive suite of cybersecurity solutions, including network security, endpoint security, data protection, and cloud security products.
- Generates revenue primarily from security gateways, technical customer support programs, and products sold through a global channel network.
- Targets enterprises, service providers, and small to medium-sized businesses seeking advanced cyber threat prevention and management.
- Check Point Software Technologies Ltd. is a global cybersecurity solutions provider, serving over 6,600 employees and a diverse international client base. The company's strategy emphasizes integrated security architectures and advanced threat prevention, positioning it as a trusted partner for organizations facing complex cyber risks. Its scalable platforms and multichannel distribution model drive growth in the cybersecurity industry.
Foolish take
Hussman Strategic Advisors just completely sold off its $4.6 million stake in Check Point Software Technologies. This move marks its full exit from the cybersecurity company after a decent but not exactly stellar 2025. The stock has only climbed 4% this year through early November, lagging behind the wider market as investors are flocking to faster-growing tech stocks.
For Hussman, the decision probably comes down to simply rebalancing its portfolio rather than any real concern about Check Point's core business. The company is still a foundational player in enterprise cybersecurity, giving global organizations robust protection for their networks, cloud setups, and endpoints. Its focus on cutting-edge threat prevention and smart cost management has kept it consistently profitable, even as newer rivals try for more aggressive expansion.
While its growth has been on the slower side, Check Point's strong balance sheet and reliable income from security subscriptions make it a solid, dependable name in an otherwise volatile sector. Hussman’s exit seems more like a smart, strategic move—locking in profits and shifting capital toward opportunities with higher potential upside—than a skeptical vote against the company.
Glossary
13F reportable assets: Assets that institutional investment managers must disclose quarterly to the SEC, showing their holdings in U.S. securities.
Assets under management (AUM): The total market value of investments managed by a fund or financial institution on behalf of clients.
Full exit: When an investor or fund sells all of its holdings in a particular security, reducing its position to zero.
Stake: The amount or percentage of ownership a fund or investor holds in a company or security.
Portfolio: A collection of financial assets such as stocks, bonds, and cash managed by an individual or institution.
Channel network: A system of third-party partners, such as resellers or distributors, used to sell products or services.
Security gateways: Hardware or software devices that control and monitor network traffic to protect against cyber threats.
Endpoint security: Protection of individual devices like computers and smartphones from cyber threats and unauthorized access.
Cloud security: Measures and technologies designed to protect data, applications, and services hosted in cloud computing environments.
Advanced threat prevention: Security technologies and strategies designed to detect and block sophisticated cyberattacks before they cause harm.
TTM: The 12-month period ending with the most recent quarterly report.
