Dan Loeb added to his big Alibaba stake during the fourth quarter

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Dan Loeb

Reuters / Steve Markus

Dan Loeb.

Hedge fund hot-shot Daniel Loeb, the founder of Third Point LLC, increased his Alibaba stake in the fourth quarter, according to his fund's latest 13F filing with the SEC.

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In the fourth quarter, Loeb added 2.8 million shares upping his Alibaba position to 10 million shares.

Alibaba's stock is trading about 20% off its all-time highs.

The filing shows that Loeb also snapped up a new position in Allergan during the quarter. Loeb held 400,000 shares of the pharmaceutical stock at the end of the fourth quarter.

Loeb also held a new position in Citigroup at the end of the fourth quarter, the filing shows.

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Hedge funds only have to disclose their long stock holdings in these filings. These filings are also 45 days old.

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