Dan Loeb's Third Point is up 6.4% YTD; Buys Apple Again
Daniel Loeb’s Third Point Avenue, flaghship hedge fund, was down 0.1% in March. The year to date return is 6.4%. The hedge fund currently has $4.7 billion in AUM. The total assets of the firm is currently, $9.0 billion.
Loeb’s exposure barely changed from last month.
The hedge fund is 69% net long in US equities, and . . .
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