Daniel Loeb acquired 1.5 Million Advance Auto Parts shares worth $106 Million. That's 1.35% of their equity portfolio (19th largest holding). The investor owns 2.65% of the outstanding Advance Auto Parts stock. The first Advance Auto Parts trade was made in Q2 2012. Since then Daniel Loeb bought shares one more times and sold shares on one occasions. The stake costed the investor $104 Million, netting the investor a gain of 2.3% so far.
Third Point Management, a New York-based investment advisor, released its first-quarter 2024 investor letter. A copy of the same can be downloaded here. The ...
Insider Monkey, 22 days agoNo summary available.
Seeking Alpha, about 1 month agoNo summary available.
Seeking Alpha, about 1 month agoThe two activists recently picked up three board seats at the auto parts retailer.
CNBC, about 2 months ago