Dan Loeb's Third Point is up 6.4% YTD; Buys Apple Again

Daniel Loeb’s Third Point Avenue, flaghship hedge fund, was down 0.1% in March. The year to date return is 6.4%. The hedge fund currently has $4.7 billion in AUM. The total assets of the firm is currently, $9.0 billion.

Loeb’s exposure barely changed from last month.

The hedge fund is 69% net long in US equities, and net long 1% in Asia. The fund is 14% long and 14% short in Europe, Middle East and North Africa. Last month, the fund was 66% net long in...