Daniel Loeb acquired 1.75 Million Jacobs Solutions shares worth $252 Million. That's 3.57% of their equity portfolio (10th largest holding). The investor owns 1.40% of the outstanding Jacobs Solutions stock. Daniel Loeb started to build up the position in Jacobs Solutions in Q1 2023 and continued to invest until Q3 2023. Since then they sold 50 Thousand shares. The stake costed the investor $209 Million, netting the investor a gain of 21% so far.