Dan Loeb

Amid tariff concerns, activist investor Dan Loeb‘s Third Point LLC made significant changes, shedding stakes or exiting major Magnificent Seven stocks during the first quarter of 2025. What Happened: A 13F filing released Thursday shows that Third Point completely exited its positions in Meta...

Earnings reports from several key companies in Dan Loeb's Third Point portfolio hit the tape last week, offering fresh insight into holdings that, as of the fourth quarter of 2024, included major names across sectors. Amazon.com, Inc. (NASDAQ:AMZN): Loeb cut the stake from 3,700,000 shares in the...

In February, Third Point Investors Limited's share price returned 1.2%, reflecting a narrowing of the discount to NAV from 22.3% to 19.6%. Meanwhile, Third Point Investors Limited returned -2.3% on a NAV basis, underperforming the MSCI World Index (-0.7%) and the S&P 500 Index (-1.3%) for the...

Wall Street's most elite hedge funds had a clear pecking order in the fourth quarter of 2024, and it wasn't the usual suspects leading the pack. Tiger Global Management LLC, Appaloosa LP, and Soros Fund Management LLC pulled ahead, outpacing investing legends like Warren Buffett's Berkshire...

Activist investor Dan Loeb‘s Third Point LLC has significantly ramped up its stakes in Flutter Entertainment (NYSE:FLUT), Elon Musk’s Tesla Inc. (NASDAQ:TSLA), and Mark Zuckerberg’s Meta Platforms Inc. (NASDAQ:META) during the final quarter of 2024. What Happened: According to recent...

Activist investor Dan Loeb‘s Third Point LLC holds a stake in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM), which has surged around 92% in the last year, outperforming the FTSE TWSE Taiwan 50 Index’s gain of approximately 49% and the S&P 500’s growth of roughly...

Few hedge fund managers command the attention of Wall Street quite like Dan S. Loeb. As the founder of Third Point, a $7 billion hedge fund, Loeb has made his mark with bold activist strategies that challenge the status quo and drive transformation in global companies. Portfolio Overview As of Q3...

WeWork Inc (OTC:WEWKQ) founder and former CEO Adam Neumann has enlisted Tesla attorney Alex Spiro to provide legal counsel as he attempts to buy back the office space company he founded. According to Bloomberg Law, Spiro has been working with Neumann since late 2023. Spiro was involved in several...

Amazon.com Inc (NASDAQ:AMZN) founder Jeff Bezos confirmed through an Instagram post that he is moving out of his longtime home in Seattle and is shifting base to Miami, Florida. What Happened: Bezos said the decision was precipitated by his parents recently moving to Miami and his Blue Origin space...

During the dot-com boom in the late 1990s to early 2000s, it seemed like any company that wanted its share values to increase would simply issue a PR with the word ".com" in it, and the stock would move higher. In 2023, the sentiment is largely similar, with investors pushing up the share prices of...

Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) are trading higher midday Thursday after it was announced that Dan Loeb’s Third Point Management opened a passive stake in the semiconductor designer. Loeb’s firm says it employs a flexible, opportunistic investment style, seeking to...

Dan Loeb’s multi-billion dollar Third Point LLC hedge fund added shares of American International Group Inc. (NYSE: AIG) last quarter, saying that the company is repositioning itself as a “pure-play P&C insurer.” What Happened: Loeb announced the stake in a fourth-quarter...

ETF fund manager Cathie Wood is known for investing in growth stocks and what she has labeled as “innovation.” A take by the fund manager drew criticism from a hedge fund manager. What Happened: Ark Invest CEO Cathie Wood is known for putting high forward-looking price targets on...

A Walt Disney Company (NYSE: DIS) analyst is calling for a spinoff many have suggested for the media giant over the years. While previous CEO Bob Chapek was against spinning off ESPN and ABC, the analyst sees newly appointed CEO Bob Iger as being in favor of the change. What Happened: Disney...