Daniel Loeb's position in PG&E is currently worth $863 Million. It makes up 14.78% of their stock portfolio and is their biggest holding. The investor owns Inf% of the outstanding PG&E stock. The first PG&E trade was made in Q1 2002. Since then Daniel Loeb bought shares ten more times and sold shares on fourteen occasions. The stake costed the investor $502 Million, netting the investor a gain of 72% so far.
The top five winners for the quarter were Bath & Body Works, Microsoft, Pacific Gas and Electric, Amazon.com, and United States Steel.
Daniel Loeb''s New York Based Hedge Fund Third Point has reported its trades and movements for the December quarter.
Third Point, a New York-based investment advisor, released its fourth-quarter 2022 investor letter. A copy of the same can be downloaded here. The Third Poin...
Third Point, a New York-based investment advisor, released its third-quarter 2022 investor letter. A copy of the same can be downloaded here. In the third qu...