Daniel Loeb acquired 4.68 Million Verizon Communications shares worth $183 Million. That's 2.56% of their equity portfolio (14th largest holding). The first Verizon Communications trade was made in Q1 2014. Since then Daniel Loeb bought shares one more times and sold shares on one occasions. The stake costed the investor $165 Million, netting the investor a gain of 11% so far.