Some of the biggest names in the investing world are backing a hot new hedge fund, according to people familiar with the situation. Philippe Laffont, the founder of Coatue Management, Louis Bacon of Moore Capital, and Dan Loeb, founder...Show More Summary
Billionaire investors appear to see good times ahead with a fellow billionaire in the White House. Warren Buffett, Carl Icahn, David Einhorn, Dan Loeb and Bill Ackman have been making some major investment moves in recent months, as revealed in regulatory filings with the Securities and Exchange Commission this week. Video provided by TheStreet
Dan Loeb went big on Wall Street. A February 10 regulatory filing shows that Loeb's Third Point went big on JPMorgan and Bank of America, and to a lesser extent, Goldman Sachs, investing nearly $1 billion in the banks' shares duringShow More Summary
A partner at Dan Loeb's Third Point has left, according to people familiar with the matter. Keri Findley left last week and was one of four partners at the $15 billion hedge fund, the people said. Her departure means the firm now just...Show More Summary
Seriously or literally, everyone is just spitballing.
The latest strategist to step into the pro/anti-Trump fray, is one of the original permabears, SocGen's Albert Edwards, who in a Thursday note sided with Dan Loeb, and wrote that while the Donald Administration "might be a neo-liberal...Show More Summary
Billionaire Dan Loeb of Third Point is moving heavily into the marketplace lending sector, betting on loan pools originated by firms like SoFi as fintech platforms fill a void left by banks.
While Ray Dalio may be getting second thoughts about the impact of Trump's policies on the US and global economy, for Third Point's Dan Loeb there are no such concerns, yet. In his latest letter, Loeb is betting President Trump willShow More Summary
Dan Loeb boards the Trump train; Snapchat's secrecy annoys bankers; Trump's doctor divulges hair-growth secrets; and more.
It was some time back in 2009 when we first predicted that in a world in which central banks have taken away the "fun" from fundamental analysis (having effectively nationalized capital "markets"), that in the not too distant futureShow More Summary
Igor Tulchinsky's WorldQuant, which manages $4.5 billion mostly for billionaire Israel Englander's Millennium Management, sued Matthew Ober after the data strategist said he was leaving WorldQuant to work for billionaire Dan Loeb's Third Point.
Wall Street pays close attention to the quarterly 13f reports from hedge funds as a way to scrutinize the portfolio moved of titans like Carl Icahn and Dan Loeb. What do we learn if we look at the actions of the top 50 hedge funds? According...Show More Summary
Billionaire hedge fund manager Dan Loeb has snapped up large stakes in Apple (AAPL) and Alibaba (BABA), and continued to expand his stake in Facebook (FB). But he has turned his back on Activision Blizzard (ATVI).
Billionaire Daniel Loeb is increasing his hedges and lowering his overall market exposure ahead of Tuesday's presidential election, treating the vote in the same way he positioned for Brexit.
The stock-pickers are (kind of) back. That's according to Third Point, the hedge fund led by Dan Loeb. The fund said in i n its third quarter letter sent Tuesday that the hedge fund business "is rapidly evolving." Here’s the relevant excerpt from the $14.9 billion firm (emphasis added): “We have seen a return to a “stock-pickers” market this year. Show More Summary
Third Point, the activist hedge fund founded by Dan Loeb, says democracy has been “meaningfully disrupted this year” by the US presidential election. With less than a week to go until election day, the hedge fund firm said that the season...Show More Summary
While in his most recent letter to investors, Greenlight's David Einhorn took on a strictly apolitical tone, keeping his criticism centered on the "mesmerizing" Elon Musk, and his old nemesis, the Federal Reserve, in the just released...Show More Summary