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Hedge Fund Giant Dan Loeb's PG&E Bet Beats Market

Benzinga ·  Jan 3 23:16

BillionaireDan Loebstands out as one of Wall Street's most influential hedge fund managers. As the founder of Third Point, a hedge fund managing $7 billion in assets, Loeb has built a reputation for employing aggressive activist strategies that push for significant changes within companies worldwide.

As we step into 2025, let's see how Loeb's top stock holdings have performed in the last six months (June-December 2024).

As of November 2024, Dan Loeb's top holdings constituted 49.7 million shares inPacific Gas & Electric Co.(NYSE:PCG) and 11.8 million shares inBath & Body Works, Inc.(NYSE:BBWI).

PCG: In the...

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