Chris Davis acquired 2.91 Million IAC shares worth $143 Million. That's 0.73% of their equity portfolio (24th largest holding). The investor owns 3.76% of the outstanding IAC stock. The first IAC trade was made in Q3 2020. Since then Chris Davis bought shares three more times and sold shares on ten occasions. The investor's estimated purchase price is $299 Million, resulting in a loss of 52%.