Daniel Loeb started to build up the position in Carvana in Q1 2021. Since then they sold 10M shares. The investor sold all their shares in Q2 2021 and doesn't own any shares in Carvana anymore.
The automotive market is facing inflation-driven headwinds, but one sector of car retail looks good right now.
Modular Asset Management, a hedge-fund spinoff from Israel Englander’s Millennium Management, hired Daniel Liebau as chief investment officer for a strategy ...