Mr. Pink Dan Loeb’s 5 Long-Term Stock Picks

3. Global Blue Group Holding AG (NYSE:GB)

Number of Hedge Fund Holders: 9

Third Point’s Stake Value: $51,225,606

Third Point’s Holding Period: 2 years 9 months

Global Blue Group Holding AG (NYSE:GB) offers transaction processing services for entities such as merchants, banks, acquirers, governments, and travelers worldwide. The company operates through three segments – Tax Free Shopping Technology Solutions, Added-Value Payment Solutions, and Retail Tech Solutions. In Q1 2023, Dan Loeb held 8.5 million shares of Global Blue Group Holding AG (NYSE:GB) worth $51.2 million. The stock has been part of Mr. Pink’s portfolio for 2 years and 9 months. 

On June 28, Global Blue Group Holding AG (NYSE:GB) reported a Q4 net loss of €1 million and a revenue of €86.8 million, up 121.4% on a year-over-year basis. 

According to Insider Monkey’s first quarter database, 9 hedge funds were bullish on Global Blue Group Holding AG (NYSE:GB), with collective stakes worth $932.2 million. Silver Lake Partners is the leading position holder in the company, with 134.6 million shares worth $807.7 million. 

Follow Global Blue Group Holding Ag