Yahoo! (YHOO), Virgin Media (VMED) Big Winners for Dan Loeb in February - InvestingChannel

Yahoo! (YHOO), Virgin Media (VMED) Big Winners for Dan Loeb in February

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Dan Loeb’s Third Point Offshore Fund gained 1.2 percent if February, versus a 1.4% gain in the S&P 500. YTD the fund is up 6%, in-line with S&P 500.

Top winners for the month (excluding hedges and confidential positions) were: Yahoo! (Nasdaq: YHOO), Virgin Media, Inc. (Nasdaq: VMED) (acquired), PPR, Constellation Brands Inc. (NYSE: STZ) and EADS (OTC: EADSY).

Top losers for the month (excluding hedges and confidential positions) were: Gold (NYSE: GLD), Short A, Short B, Short C, Greek Government Bonds.

The fund’s top 5 positions (excluding hedges and confidential positions) were: Yahoo!, Virgin Media, Gold, AIG (NYSE: AIG), and Ally Financial (Mult Sec.).

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