THIRD POINT INVESTORS USD

Dan Loeb’s Third Point boosted its position in Hut 8 to $151.8 million and opened smaller stakes in Riot Platforms, Core Scientific and Applied Digital after 13F filings for Q2 2026. The move accompanies large AI-focused deals by those firms — including multi-billion dollar, long-term leases and capacity agreements — as they shift from Bitcoin mining to AI workloads. Third Point also holds a $194.47 million position in Block, reflecting a broader bet on crypto companies pursuing AI integration. » Altro su finance.yahoo.com

Filings show Dan Loeb's Third Point established a new roughly $75.5 million position in Performance Food Group in Q2. Performance Food Group, a major North American food distributor, reported a quarter with revenue and earnings misses but saw net income and adjusted profit rise and gained share in independent restaurants and convenience channels. The stock trades at about 19 times forward earnings, richer than peers but with a lower PEG, while risks include thin distribution margins, cost pressures in specialty, and consumer demand sensitivity. » Altro su finance.yahoo.com

Third Point established a new position in Flex following Flex's plan to separate its Cloud & Power Infrastructure (CPI) business into a public company. The hedge fund says the market is underestimating CPI's quality and growth, highlighting its integrated power, liquid cooling and rack solutions for AI datacenters. Third Point views Flex as uniquely positioned to supply integrated power, cooling and rack systems as hyperscalers demand more power-dense deployments. » Altro su finance.yahoo.com