Billionaire Daniel Loeb’s Third Point Boosts AI Holdings in Q1, Re-buys Alphabet After Selling Entire Stake
Billionaire investor Daniel Loeb runs the New York-based hedge fund Third Point, which he founded in 1995 with an initial capital of $3.4 million. Loeb’s activist bets and value-oriented investing strategies helped shape the hedge fund with $7.84 billion in assets under management across 40 securities at the end of Q1 2024. Third Point returned … Read more
