Daniel Loeb’s Third Point LLC took out new positions in Alphabet Inc., Alibaba Group Holding Ltd. and Advanced Micro Devices Inc. during the latest quarter, according to a recent filing. Third Point amassed a new stake in Alphabet
GOOG,
-0.81%
GOOGL,
-0.85%
amounting to 4.75 million Class A shares during the first quarter, according to a 13-F filing with the Securities and Exchange Commission released after Monday’s closing bell. Bill Ackman’s Pershing Square Capital Management LP also revealed a new Alphabet stake bought during the first quarter in a Monday 13-F.
See more: Bill Ackman’s Pershing Square reveals new Alphabet stake of 10.3 million shares Loeb’s entity bought up 1.33 million U.S.-listed shares of Alibaba
BABA,
+3.52%
during the period, while also scooping up 1 million shares of AMD
AMD,
+2.25%.
Other new positions included 1.2 million shares of Micron Technology Inc.
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+6.11%,
800,000 shares of Salesforce Inc.
CRM,
+0.75%
and 1.15 million shares of Teck Resources Ltd.
TECK,
+3.08%
Third Point dumped its position in SentinelOne Inc.
S,
+3.93%
that had amounted to 14.7 million shares as of the fourth quarter. He also unloaded his stak …
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