Hedge Fund - Third Point

Daniel Loeb Bio, Returns, AUM, Net Worth

Third Point, a New York-based hedge fund founded by Daniel S. Loeb in 1995, operates as an employee-owned, SEC-registered investment advisor. The firm manages $12 billion and is known for its activist campaigns against corporate boards, aiming to instigate changes in various industries and countries.

Daniel Loeb, the founder and CEO of Third Point, initially shared the Chief Investment Officer role with a co-CIO in 2019 but resumed sole CIO responsibilities in 2020. Loeb is also known for his philanthropic efforts through The Margaret and Daniel Loeb Foundation, which supports Alzheimer's research, education reform, and LGBT rights. A 1983 graduate of Columbia University, Loeb has endowed a scholarship for undergraduate study there.

As of Q1 2024, Third Point's last reported 13F filing indicated $7.85 billion in managed securities, with a top 10 holdings concentration of 72.51%. The firm's largest holding is PG&E Corp. (Pacific Gas & Electric), with 57,860,000 shares.

Daniel Loeb
Fund Profile
Filing Period:
Fund Name: Third Point
Manager Daniel Loeb
Portfolio Value $7,847,317,221
Change This QTR +1.18%
Filing Period:
Last update:
No. Security Ticker Shares Value Activity % Port History
1. PCG 57,860,000 $969,733,600 12.35%
2. AMZN 5,100,000 $919,938,000 +22% 11.72%
3. MSFT 1,765,000 $742,570,800 -13% 9.46%
Bath & Body Works Inc
12,850,000 $642,757,000 -8% 8.19%
5. META 1,236,000 $600,176,880 +7% 7.64%
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