Dan Loeb added to his big Alibaba stake during the fourth quarter
Advertisement
Reuters / Steve Markus
Advertisement
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.
Advertisement
Hedge funds only have to disclose their long stock holdings in these filings. These filings are also 45 days old.
NOW WATCH: 11 Mind-Blowing Facts About North Korea
Advertisement
- Should you be worried about the potential side-effects of the Covishield vaccine?
- India T20 World Cup squad: KulCha back on menu, KL Rahul dropped
- Sales of homes priced over ₹4 crore rise 10% in Jan-Mar in top 7 cities: CBRE
- Gold prices fluctuate as geopolitical tensions ease; US Fed meeting, payroll data to affect prices this week
- Best beaches to visit in Goa in 2024
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market