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Third Point’s holding in Far Point Acquisition Corporation increased to about 10 million shares with the purchase.
Third Point first bought Far Point Acquisition Corporation stock in the second quarter of 2018. Third Point also owns Cannae Holdings, Inc. (NYSE:CNNE). Far Point Acquisition Corporation is its number one position by number of shares and market value among general finance stocks.
In contrast, Millennium Management reduced FPAC shares, while WCM Investment Management sold all their FPAC shares.
