Third Point’s Dan Loeb Just Bought Big Stakes in These Tech Brand Names by Reuters @FortuneMagazine November 11, 2016, 6:37 AM EST E-mail Tweet Facebook Linkedin Share icons Dan Loeb’s Third Point hedge fund took a new share stake in Apple, Visa, and Dell Technologies during the third quarter, according to regulatory filings late on Thursday. Third Point, closely followed in the investment community because of its pattern of delivering strong returns, took a 2.5 million share-stake in Apple aapl , a 2.1 million class A share-stake in Visa v , and a 2.3 million share-stake in Dell Technologies. In early November, Loeb told clients that Third Point’s bets on corporate debt issued by Dell and Sprint Corp ranked among the year’s top winners for the firm. Through the end of September, the Third Point Offshore fund gained 7.2%, beating the average fund’s 4% return. Loeb’s Third Point also increased its share stake in Facebook fb by 45.3% to 5.5 million class A shares, according to regulatory filings. In addition, the fund increased its stake in Alphabet googl by 37.5% to 550,000 class A capital stock shares, the filings said. Third Point also took a 2.6 million sponsored ADS stake in Alibaba Group Holding baba , according to the regulatory filings.