Daniel Loeb acquired 12.9 Million Bath & Body Works shares worth $645 Million. That's 8.14% of their entire equity portfolio (4th largest holding). The investor owns 5.75% of the outstanding Bath & Body Works stock. Daniel Loeb started to build up the position in Bath & Body Works in Q3 2022 and continued to invest until Q2 2023. Since then they sold 1 Million shares. The stake costed the investor $464 Million, netting the investor a gain of 39% so far.
In this article, we will take a look at billionaire Dan Loeb’s portfolio: top 5 stock picks. To know more about the top stocks in Loeb’s portfolio, go direct...
Insider Monkey, 5 months agoIn this article, we discuss Dan Loeb and his top 5 stock picks. If you want to read about some more stocks in the Loeb portfolio, go directly to Dan Loeb Sto...
Insider Monkey, 5 months agoNEW YORK — Bath & Body Works Inc on Monday named veteran financial executive and board member Thomas Kuhn as a new director, ending a potential board challen...
Financial Post, about 1 year agoThe retailer says Daniel Loeb’s hedge fund is focused on adding a former Third Point partner to the company’s board.
The Wall Street Journal, about 1 year ago