Dan Loeb's hedge fund Third Point is out with its Q2 letter. In it, they talk about their new private investment in Didi Chuxing, a Chinese ridesharing service that currently has more market share than Uber in China. Apple (AAPL) also recently invested.
Third Point also updates their stake in Baxter (BAX) and talks about their increased energy credit exposure.
Third Point's Q2 letter is embedded below:
You can download a .pdf copy here.
For other recent hedge fund letters, check out Greenlight Capital's Q2 letter.
Wednesday, July 27, 2016
Third Point Q2 Letter: Long Didi Chuxing & Energy Credit
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