Hedge Funds
Billionaire Daniel Loeb (Trades, Portfolio) founded the hedge fund Third Point in 1995, which manages about $17 billion. Loeb is an activist investor and Third Point follows an event-driven, value-oriented investment style. During the third quarter, Loeb added four new holdings to the portfolio, while closing out 17 other positions.The Kraft Heinz Co. (NASDAQ:KHC)Loeb’s largest [...]

In this article