Third Point's Loeb adds Alphabet, Micron, AMD, and Alibaba to portfolio.
Third Point, the hedge fund founded by Daniel Loeb, has taken new positions in Alphabet, Alibaba, Advanced Micro Devices, Micron Technology, and Salesforce during Q1 2023, while exiting positions in SentinelOne, Fidelity National Information Services, and Walt Disney. The firm also increased its stakes in Dupont De Nemours and Hertz Global Holdings.