Tracking Third Point Holdings As Hedge Fund Outperforms (AAPL, CFN, ORIT, POT, ACL, ARG, HNT, NABI, LINTA)

Closely-watched hedge fund Third Point Capital has outperformed significantly so far in 2010, according to a letter to investors acquired by Dealbreaker, and with the deadline for end-of-Q3 regulatory filings behind us, investors are now privy to manager Dan Loeb’s biggest bets heading into the fourth quarter.

According to Loeb’s letter, the Third Point Partners L.P. fund is up by a whopping 32.2% through the end of November, the Third Point Offshore Fund is ahead by 25.3%, and the Third Point Ultra fund is up by 26.9%.

A look at Third Point’s top-15 U.S.-listed equity holdings from across all its funds at the end of the third quarter shows that Loeb was adding new positions in tech giant Apple (AAPL), medical technology firm CareFusion (CFN), bank holding company Oritani Financial (ORIT), and fertilizer firm Potash Corp of Saskatchew (POT) in the three months ended September 30.

Elsewhere, Third Point was hiking its positions in Alcon (ACL) and Airgas (ARG), while trimming positions in Health Net (HNT), Liberty Media Interactive (LINTA), and NABI Biopharmaceuticals (NABI).

Looking at tickerspy.com’s graph charting the performance of Third Point’s top end-of-Q3 equity holdings so far in Q4, one can see that they have kept pace with the market. To see how your performance stacks up against Loeb’s, or see some of Third Point’s other holdings, visit tickerspy.com to see the firm’s top positions and a chart of their combined performance.

Pro portfolio performance is based on institutions’ top-15 holdings as disclosed in quarter-end filings with the SEC. Pro performance does not take into account additional holdings beyond the top 15 nor does it include positions that are not required to be disclosed by the SEC. As such, Pro portfolio performance should be considered an approximation and not a precise record of how an institution has performed over time.

Tags: AAPL, ACL, ARG, CFN, HNT, LINTA, NABI, ORIT, POT