According to media reports, the latest 13-F file submitted by radical investor Donbil S. Loeb's hedge fund Third Point (the third point) shows that in the fourth quarter of the past, the $17 billion fund Cleared stocks held by Alibaba, Microsoft and NETFlix.
Documents show that in the fourth quarter, Third Point sold a total of 1.25 million shares of Netflix, 4.1 million shares of Microsoft, and 4.45 million shares of Alibaba.
At the same time, Third Point added 3 million shares of Campbell Soup, with an increase of 16%. Campbell Soup is a canned soup manufacturer based in Camden, New Jersey. Its products are sold in 120 countries and regions around the world.
In addition, Third Point also significantly reduced its shareholding in PayPal, selling more than 5 million shares, reducing the holdings by more than 50%.
A certain size hedge fund needs to report its position in the quarterly 13-F document. This regulatory document is usually published within 45 days of the end of each quarter, so its actual position may have changed on the date of publication.