Daniel Loeb's position in PG&E is currently worth $800 Million. It makes up 12.73% of their stock portfolio and is their biggest holding. The investor owns 2.94% of the outstanding PG&E stock. The first PG&E trade was made in Q1 2002. Since then Daniel Loeb bought shares six more times and sold shares on six occasions. The stake costed the investor $642 Million, netting the investor a gain of 25% so far.
Third Point Management, an investment management firm, published its first-quarter 2022 investor letter – a copy of which can be downloaded here.Insider Monkey, 3 months ago
Third Point released its positions from the end of the third quarter, showing a fund with more than $9.9 billion in equity positions.CNBC, over 1 year ago
Dan Loeb Explains Why He Went Long Amazon, Disney In The Quarter He Returned As CIO Tyler Durden Thu, 08/06/2020 - 15:10 There were several notable highlight...Zero Hedge, about 2 years ago