Daniel Loeb acquired 1.65 Million Activision Blizzard shares worth $154 Million. That's 2.31% of their equity portfolio (17th largest holding). The first Activision Blizzard trade was made in Q3 2013. Since then Daniel Loeb bought shares five more times and sold shares on four occasions. The stake costed the investor $134 Million, netting the investor a gain of 16% so far.