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Is The Hedge Fund Business Model 'Broken?' A Recent Outflow Of $17 Billion May Suggest So
Thursday, May 5, 2016 - 8:33am | 359Read More...2016 is proving to be a tough year for hedge funds – even by their own admission. As reported by Bloomberg, Doug Dillard, a hedge fund manager at Standard Pacific Capital, closed shop in February when his fund's assets under management dipped below $500 million; the fund failed to keep pace...
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Barron's: Lovely Homes At Higher Prices
Sunday, March 27, 2016 - 9:01pm | 663Read More...The cover story in this weekend's Barron's features the best luxury second home resort markets in the United States. The communities that topped the list this year include ones in Texas, Wisconsin and Utah. Other featured articles include a look at how to buy Bill Ackman and Dan...
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Barron's Picks And Pans: Interpublic, Zimmer Biomet And More
Sunday, March 27, 2016 - 8:47pm | 614Read More...Featured stories this weekend in Barron's ponder the prospects for a global advertising company and a medical device company. Barron's offers two stocks that it thinks are worth a wager now, one of which is backed by Sam Zell. Other featured articles include a way to invest with Bill Ackman and...
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Dan Loeb: 'Carnage' In The S&P, Third Point Is Doing Alright
Wednesday, February 17, 2016 - 11:24am | 331Read More...Investment adviser Dan Loeb issued a seemingly apocalyptic outlook for the market in a fourth-quarter investor letter February 12. Loeb offered a global survey of the market's woes, from collapsing indices and "value" stocks, volatility in European financial systems to the focus on inequality in...
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Dan Loeb Sees Yellen In 'Hotel California,' Is Short More Stocks Than He Is Long
Monday, November 2, 2015 - 1:10pm | 610Read More...Dan Loeb's Third Point hedge fund released a mostly bearish themed letter to investors. Loeb noted that Janet Yellen "checked herself and the Fed into the Hotel California." Loeb added that his fund is short more equities than it is long. Dan Loeb's Third Point...
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Amgen And Biogen Lead Short Interest Surge In Biotechs
Monday, September 14, 2015 - 4:01pm | 1096Read More...The number of shares short in the leading biotech and emerging pharmaceutical stocks surged between the August 14 and August 31 settlement dates, as volatility returned to in the markets in a big way. Short sellers were especially drawn to Amgen, Inc. (NASDAQ: AMGN), Biogen Inc (NASDAQ: BIIB) and...
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Dan Loeb's Favorite Stock Picks
Monday, August 3, 2015 - 8:39am | 578Read More...Dan Loeb of Third Point released his second-quarter investor letter last week and discussed several key equity positions in his portfolio. Allergan: Clear Strategic Vision According to Loeb, Allergan PLC (NYSE: AGN)'s management team is "one with a clear strategic vision, a...
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Dan Loeb's 13F Shows Alibaba Swapped For Yum! Brands
Friday, May 15, 2015 - 2:07pm | 362Read More...Dan Loeb's hedge fund Third Point LLC dumped its $1 billion stake in Alibaba Group Holdings Ltd (NYSE: BABA) in the first quarter and picked up shares of Yum! Brands, Inc. (NYSE: YUM). Third Point's total portfolio value sank to $10.95 billion as of March 31, from $11.09 billion...
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SALT 2015: Fighting The Fed, Activists And The Loeb-Buffett Rant
Thursday, May 7, 2015 - 12:40pm | 881Read More...Day 2 of the 2015 SALT Conference is in the books. Presented in Las Vegas by SkyBridge Capital, the second day of the event brought together a wide range of opinions on the markets. Fighting The Fed Peter Schiff talked about the Fed, and in particular, its forecasting inadequacies. In an...
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SALT Conference: Dan Loeb Sees Activism As A Positive Impact On The World
Thursday, May 7, 2015 - 11:49am | 474Read More...Dan Loeb sat down for a one-on-one with Anthony Scaramucci on Wednesday at the 2015 SALT Conference in Las Vegas. The conversation was different from some of the more charged sessions earlier in the day, as the two chatted like old friends. Perhaps that’s because Skybridge has over $1...
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Why Dan Loeb Loves Yum! Brands And Devon Energy
Sunday, May 3, 2015 - 6:29pm | 618Read More...In his first quarter investment letter, Third Point's Dan Loeb notes that the hedge fund has taken large stakes in two companies: Devon Energy Corp (NYSE: DVN) and Yum! Brands, Inc. (NYSE: YUM). Yum! Brands moved sharply higher Friday following the announcement, gaining nearly 7 percent to...
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2 Big Conferences Coming Next Week: SALT And Sohn Investment
Friday, May 1, 2015 - 1:41pm | 322Read More...With earnings season in full force, investors should be aware of two major conferences happening next week. SALT Conference: Hedge Fund Managers, Military Leaders Collide The SALT Conference is "committed to facilitating balanced discussions and debates on macro-economic trends, geo-...
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Report: Activist Demands Sothebys Boot CFO, Buy Back Shares
Friday, February 20, 2015 - 2:57pm | 206Read More...Sothebys (NYSE: BID) spiked on a report that a 9.5 percent stakeholder is pushing for a stock buyback and the replacement of the company's chief financial officer. The art auction house changed hands recently at $44.48, up 1 percent. Earlier, it traded as high as $44.88. CNBC reported...
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Notable Changes In Third Point LLC Holdings
Sunday, February 15, 2015 - 2:56pm | 248Read More...On Friday, Daniel Loeb’s Third Point filed its Form 13-F. The filing showed: Acquired position in Allergan Inc. totaling 400,000 shares. Acquired position in American International Group totaling 3,500,000 shares. Acquired position in Hertz Global Holdings totaling 4,250...
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Dan Loeb Offers Mea Culpa For 'Mediocre' Returns
Tuesday, February 10, 2015 - 1:37pm | 335Read More...Activist investor Daniel S. Loeb used bad judgement in exiting positions and poor trading strategies in volatile markets, according to his quarterly letter to investors. Loeb's hedge fund Third Point LLC offered a return last year of 5.7 percent -- compared with the S&P 500 Index's...













