Dan Loeb’s Third Point posted dull numbers in August, the flagship offshore fund was down 0.7% in last month, trimming year to date return to +15%. August was a tough month for a lot of hedge funds, most notably Pershing Square lost 3.6% in August, wiping out its gains for the year as the fund ended eight months with a return of +0.3% only. David Einhorn’s Greenlight Capital fared much better—the fund was up 0.9% and has taken a gain of 11.7% YTD. Take a look at David Einhorn’s heavy profits in some midcaps. Through the year, some of Loeb’s…
Dan Loeb's Best Performing Positions In 2013
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.