Third Point Posts Loss — And Reveals Four New Bets That Become Top Holdings

Dan Loeb’s hedge fund made major moves in the second quarter, including buying Warner Brothers Discovery.

Stephen Taub September 9, 2026

Third Point is back in the red.The multistrategy hedge fund headed by Dan Loeb lost 1.5 percent in August. As a result, it is down 7.4 percent this quarter and off 70 basis points for the year, according to its August monthly client report.Most of

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