CNBC Pro

Dan Loeb's Third Point tops the market in 2020 after big December

Dan Loeb, founder and chief executive officer of Third Point.
Amanda Gordon | Bloomberg | Getty Images

(This story is for CNBC Pro subscribers only).

Hedge fund manager Dan Loeb rode a strong December to beat the broader market in 2020, according to data obtained by CNBC's Leslie Picker.

The veteran investor's fund took a big hit during the first quarter as the market fell sharply, but it recovered to finish with a gain that was in-line with historical results.

More In Follow the Pros

Pro Picks: Watch all of Wednesday's big stock calls on CNBC
CNBC ProPro Picks: Watch all of Wednesday's big stock calls on CNBC
Two of the most notable short sellers say this company is the aluminum siding of the 21st century
CNBC ProTwo of the most notable short sellers say this company is the aluminum siding of the 21st century
Short-seller Carson Block calls out ESG investing, says many companies are 'money grabs'
CNBC ProShort-seller Carson Block calls out ESG investing, says many companies are 'money grabs'