PUKPF - Third Point Q1 2021 Investor Letter
- Third Point is an SEC-registered investment adviser based in New York. The firm was founded in 1995 by Daniel S. Loeb, who serves as Chief Executive Officer. Third Point focuses on event-driven, value-oriented investing.
- During the First Quarter, Third Point returned +11.0% in the flagship Offshore Fund.
- Top five winners for the quarter were Upstart Holdings, SentinelOne, Social Finance, Inc., Intel Corp. and Prudential plc.
- Top five losers for the quarter, excluding hedges,were IAA Inc., Pacific Gas & Electric Co., Short A, Paysafe Ltd, and Short B.
For further details see:
Third Point Q1 2021 Investor Letter