Third Point Boosts Its Stock Bets

Dan Loeb’s net exposure to equities is the highest it’s been all year.

Dan Loeb (David Paul Morris/Bloomberg)

Dan Loeb

(David Paul Morris/Bloomberg)

Third Point has turned more bullish than at any other point in 2022.

The multistrategy firm headed by Dan Loeb sharply boosted its bet on stocks for the first time this year when it lifted its equity net exposure to 48.3 percent at the end of August.

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