Dan Loeb Is Killing It In 2021 Thanks To A Massive Stake In This Soaring Stock [Exclusive]

Dan Loeb’s Third Point has been having a banner year so far, with year-to-date returns ranging from 29.5% to 36.5% for each of the firm’s four funds. Loeb’s team highlighted Upstart Holdings in their September letter to investors. Q 2021 hedge fund letters, conferences and more Banking On Upstart Holdings However, a quick glance at the letter could leave you underestimating the importance of this one position for Third Point. The breakdown accompanying the letter reveals that Upstart was by far Loeb’s best-performing position with a 5.6% attribution to the fund’s return in September. The next-closest contributor was PG&E, with…