Daniel Loeb's position in American International Group is currently worth $179 Million. That's 2.67% of their equity portfolio (15th largest holding). The first American International Group trade was made in Q2 2012. Since then Daniel Loeb bought shares three more times and sold shares on eight occasions. The stake costed the investor $172 Million, netting the investor a gain of 4.1% so far.
It’s not often that you read about activist investor Dan Loeb praising the chief executive officer (CEO) of a company in which Third Point Management holds a...InvestorPlace, about 2 months ago
Hedge fund took stake in US giant last quarterInsuranceERM.com, 8 months ago