Saturday, December 1, 2012

Third Point LLC continues to hold Yahoo

Third Point LLC is the $9-billion hedge fund managed by billionaire and activist investment manager Dan Loeb. In his recent 13F filing with the SEC, Third Point, listed its three largest equity positions as: Yahoo! Inc. (YHOO), American Insurance Group (AIG), and Apple Inc. (APPL). These three stocks account for nearly half of the Third Pointinvestment portfolio.