Third Point Management’s Q2 2023 Investor Letter

Third Point Management, a New York-based investment advisor, released its second-quarter 2023 investor letter. A copy of the same can be downloaded here. The Third Point Offshore Fund returned 1.1% net in the second quarter compared to an 8.7% return for the S&P 500 INDEX (TR) and a 7.0% return for the MSCI WORLD INDEX (TR). Year-to-date, the fund returned -3.0% compared to 16.9% and 15.4% returns for the indexes. In addition, please check the fund’s top five holdings to know its best picks in 2023.