Daniel Loeb acquired 4 Million Ovintiv shares worth $205 Million. That's 3.51% of their equity portfolio (8th largest holding). The investor owns 1.62% of the outstanding Ovintiv stock. Daniel Loeb started to build up the position in Ovintiv in Q1 2022 and continued to invest until Q2 2022. Since then they sold 2.12 Million shares. The stake costed the investor $194 Million, netting the investor a gain of 6.0% so far.