Dan Loeb
Dan Loeb
Investment Philosophy
Dan Loeb is the founder of Third Point LLC and one of Wall Street’s most aggressive activist investors. He is famous for his sharply worded letters to the management teams and boards of companies he targets, earning him the nickname “The Poison Pen.” Loeb’s investment approach is event-driven, focusing on catalysts that can unlock value.
His focus areas include corporate restructurings, spin-offs, management changes, regulatory shifts, and mergers. He combines thorough fundamental analysis with a deep understanding of corporate governance and capital allocation. Loeb’s willingness to publicly challenge underperforming management teams has made him one of the most feared activists on Wall Street.
Third Point’s portfolio spans multiple strategies — equities, credit, and structured products — giving Loeb flexibility to pursue the best risk-adjusted opportunities regardless of asset class. His track record of forcing accountability and change at major corporations has delivered consistent alpha for his investors over more than two decades.
Current Portfolio
Source: SEC 13F Filing (Q4 2025)
| Ticker / Security Name | Shares (MM) | Δ Shares (%) | Value (Full $) | Portfolio (%) |
|---|---|---|---|---|
| GE / GE Aerospace (General Electric) | 47.51 | 0.00% | $14,634,640,000 | 27.28% |
| V / Visa Inc. | 27.72 | -1.19% | $9,723,170,000 | 18.12% |
| MSFT / Microsoft Corporation | 16.78 | +1.14% | $8,116,090,000 | 15.13% |
| MCO / Moody's Corporation | 13.31 | 0.00% | $6,798,640,000 | 12.67% |
| SPGI / S&P Global Inc. | 11.79 | +5.37% | $6,161,500,000 | 11.48% |
| CP / Canadian Pacific Kansas City | 47.65 | -4.43% | $3,508,630,000 | 6.54% |
| GOOGL / Alphabet Inc. | 7.60 | 0.00% | $2,383,880,000 | 4.44% |
| FER / Ferrovial SE | 20.74 | +6.52% | $1,348,160,000 | 2.51% |
| CNI / Canadian National Railway | 9.85 | -47.52% | $974,110,000 | 1.82% |
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