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Stephen Taub
For Members Only
Third Point Hit by Momentum Reversal, Posts July Decline
Dan Loeb explains why the recent sell-off was “unrelated to company/industry fundamentals, economic factors, or geopolitics.”
Stephen Taub August 10, 2026
reversal

Third Point is the latest hedge fund to suffer a setback in July.The equity-heavy multistrategy fund lost 6 percent last month, putting its year-to-date gain at 80 basis points, according to its July monthly tear sheet.“Beginning in late June, markets started experiencing a broad unwind

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4.26.01 build:2026-07-21   Login