Third Point 1Q22 Letter: Shell, EQT And Zendesk

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Dan Loeb’s letter to Third Point investors for the first quarter ended March 2022, discussing the top five winners for the quarter; Shell PLC (NYSE:SHEL), EQT Corporation (NYSE:EQT), Macro A, Macro B, and Zendesk Inc (NYSE:ZEN). Dear Investor: During the First Quarter, Third Point returned -11.5% in the flagship Offshore Fund and-15.3% in the Ultra Fund. Assets under management at March 31, 2022 were approximately $16.0 billion. Q1 2022 hedge fund letters, conferences and more The top five winners for the quarter were Shell plc, EQT Corp., Macro A, Macro B, and Zendesk Inc. The top five losers…

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