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Third Point Investors Limited (TPNTF)
| Previous close | 23.00 |
| Open | 22.65 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's range | 22.63 - 22.65 |
| 52-week range | 18.00 - 23.19 |
| Volume | |
| Avg. volume | 2,809 |
| Market cap | 1.045B |
| Beta (5Y monthly) | 0.54 |
| PE ratio (TTM) | 3.70 |
| EPS (TTM) | N/A |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | N/A |
- Reuters
UPDATE 3-Loeb's Third Point rises 8% in Q1, driven by activist strategy, source says
Billionaire investor Daniel Loeb's hedge fund Third Point ended the first quarter with its main fund Offshore up 8%, while the Ultra fund rose 8.7%, extending last year's gains with successful activist bets, a source familiar with the matter said. Third Point's investment strategies include activism to push companies for changes. The top engines for gains this year included bets on Advance Auto Parts and Bath & Body Works, companies where Loeb and his team pressed for changes that resulted in new board members.
- Reuters
Loeb's Third Point to delve into private credit investing as a 'complement'
Hedge fund manager Daniel Loeb's firm Third Point will invest in private credit this year as it bets on positive conditions for both credit and equity markets in 2024. "We will be adding private credit as a complement to our existing strategies and expect to begin investing in this new sector in the next few months," Loeb wrote to investors in a letter seen by Reuters on Wednesday. Third Point, which invests roughly $10.6 billion in assets, posted a 3.6% gain in 2023.
- GuruFocus.com
Daniel Loeb's Third Point Adds Global Blue Group Holding AG to Its Portfolio
In a recent portfolio update, Third Point LLC, led by renowned investor Daniel Loeb (Trades, Portfolio), has made a significant addition to its investment portfolio by acquiring shares in Global Blue Group Holding AG (NYSE:GB). This strategic move has increased Third Point's stake in Global Blue Group Holding AG to a notable 0.7% of its portfolio, with a total of 9,720,934 shares, representing a 4.80% ownership in the company. Daniel S. Loeb, the founder of Third Point LLC, is a prominent figure in the investment world, known for his incisive public letters and a keen eye for value.
