Daniel Loeb's position in American International Group is currently worth $276 Million. That's 3.69% of their equity portfolio (8th largest holding). The first American International Group trade was made in Q2 2012. Since then Daniel Loeb bought shares four more times and sold shares on eight occasions. The stake costed the investor $202 Million, netting the investor a gain of 37% so far.
It’s not often that you read about activist investor Dan Loeb praising the chief executive officer (CEO) of a company in which Third Point Management holds a...
InvestorPlace, 9 months agoHedge fund took stake in US giant last quarter
InsuranceERM.com, over 1 year ago