Dan Loeb’s Third Point Down 8.9% In Q3, Up 4.6% In October

Rupert Hargreaves

Published onNovember 2, 2015

Updated on May 13, 2021

Third Point LLC, the hedge fund managed by Dan Loeb, recorded a net loss of 8.9% for the third quarter, according to the fund’s third quarter letter to investors reviewed by ValueWalk. For the nine months to the end of September 2015, the fund was down 4.5%, compared to a loss of 5.3% for the S&P 500 over the same period. Since inception, Third Point has produced an annualized return of 16.2%. However, according to an update to investors the fund was up 4.6% in October and is now up 0.1% YTD.

Dan Loeb Third Point — Third Point YTD Returns

Third Point doesn't reveal which of its positions...

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Rupert Hargreaves

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for Hedge Fund Alpha

Dan Loeb’s Third Point Down 8.9% In Q3, Up 4.6% In October

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