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Huge Losses in Alibaba Group Holding Ltd (NYSE:BABA) Not Enough to...

2015-04-08 19:49:36| Chemicals - Topix.net

Considering that the second-largest holding of Dan Loeb 's Third Point , Alibaba Group Holding Ltd , lost 19.92% of its stock value during the first quarter, the fund still managed to post impressive returns of 3% during that period according to our methodology, which takes into account the holdings of funds in companies exceeding $1 billion in market cap at the beginning of the quarter. Accordingly, Third Point's returns were based on 34 of its holdings.

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Category:Chemicals

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