Third Point Increases Net Long Exposure As a Handful of Winners Lift Returns

At least two stocks posted returns of about 80 percent last month, driving results in May.

Stephen Taub June 4, 2026

Third Point rose 3.2 percent in May, bringing its gain for the year to 7.3 percent, according to the firm’s monthly performance report.Although the hedge fund headed by Dan Loeb lagged the S&P 500’s 5.15 percent return in May, it entered the month with roughly

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