Loeb's Third Point gets out of Option Care, T-Mobile; invests in Verizon, EQT

seekingalpha

15 Feb 2024

Dan Loeb's Third Point shed its holdings in Option Care Health (NASDAQ:OPCH), T-Mobile US (NASDAQ:TMUS), and Alphabet A shares (NASDAQ:GOOGL), while it established holdings in Verizon (NYSE:VZ), EQT Corp. (NYSE:EQT), and FleetCor Technologies (NYSE:FLT) during Q3 2023, according to the firm's latest 13F.
The hedge fund boosted its stakes in Vistra (NYSE:VST) to 4.60M shares from 3.60M, U.S. Steel (NYSE:X) to 5.50M shares from 4.75M, and American International Group (NYSE:AIG) to 3.45M shares from 2.95M.
It trimmed its positions in Uber Technologies (NYSE:UBER) to 1.0M shares from 4.2M, Intercontinental Exchange (NYSE:ICE) to 700K shares from 2.39M, and Taiwan Semiconductor (NYSE:TSM) to ~1.18M shares from ~1.78M, according to the 13F.

More on American International Group, EQT, etc.

AIG Q4 earnings top consensus as net investment income climbs
Soroban Capital adds Exelon, boosts Brookfield Corp.
Soros Fund exits Arm, FMC, Trinity; enters KeyCorp, Avantor
Druckenmiller's Duquesne drops Alibaba, Amazon; picks up Barrick Gold, Newmont

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2411331555"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2411331555\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2411331555?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1358049866/image_1358049866.jpg","is_english":true,"pubTime":"2024-02-15 07:18","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2411331555","market":"us","top_or_hot":-1,"title":"Loeb's Third Point gets out of Option Care, T-Mobile; invests in Verizon, EQT","media":"seekingalpha","content":"<html><body><ul> <li>Dan Loeb's Third Point shed its holdings in Option Care Health (<span>NASDAQ:OPCH</span>), T-Mobile US (<span>NASDAQ:TMUS</span>), and Alphabet A shares (<span>NASDAQ:GOOGL</span>), while it established holdings in Verizon (<span>NYSE:VZ</span>), EQT Corp. (<span>NYSE:EQT</span>), and<span> FleetCor Technologies (</span><span>NYSE:FLT</span><span>) during Q3 2023, according to the firm's latest 13F.</span> </li> <li>The hedge fund boosted its stakes in Vistra (<span>NYSE:VST</span>) to 4.60M shares from 3.60M, U.S. Steel (<span>NYSE:X</span>) to 5.50M shares from 4.75M, and American International Group (<span>NYSE:AIG</span>) to 3.45M shares from 2.95M.</li> <li>It trimmed its positions in Uber Technologies (<span>NYSE:UBER</span>) to 1.0M shares from 4.2M, Intercontinental Exchange (<span>NYSE:ICE</span>) to 700K shares from 2.39M, and Taiwan Semiconductor (<span>NYSE:TSM</span>) to ~1.18M shares from ~1.78M, according to the 13F. </li> </ul> <div> <h2>More on American International Group, EQT, etc.</h2> <ul> <li>AIG Q4 earnings top consensus as net investment income climbs</li> <li>Soroban Capital adds Exelon, boosts Brookfield Corp.</li> <li>Soros Fund exits Arm, FMC, Trinity; enters <a href=\"https://laohu8.com/S/KEY\">KeyCorp</a>, Avantor</li> <li>Druckenmiller's Duquesne drops Alibaba, Amazon; picks up Barrick Gold, Newmont</li> </ul> </div></body></html>","source":"seekingalpha_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Loeb's Third Point gets out of Option Care, T-Mobile; invests in Verizon, EQT</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLoeb's Third Point gets out of Option Care, T-Mobile; invests in Verizon, EQT\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-02-15 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4067298-loebs-third-point-gets-out-of-option-care-t-mobile-invests-in-verizon-eqt><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dan Loeb's Third Point shed its holdings in Option Care Health (NASDAQ:OPCH), T-Mobile US (NASDAQ:TMUS), and Alphabet A shares (NASDAQ:GOOGL), while it established holdings in Verizon (NYSE:VZ), EQT ...</p>\n\n<a href=\"https://seekingalpha.com/news/4067298-loebs-third-point-gets-out-of-option-care-t-mobile-invests-in-verizon-eqt\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://seekingalpha.com/news/4067298-loebs-third-point-gets-out-of-option-care-t-mobile-invests-in-verizon-eqt","article_id":"2411331555","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1358049866/image_1358049866.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2411331555","pubTimestamp":1707952687,"columns":[],"sourceInfo":{"source_id":"seekingalpha_hot_news","name":"SeekingAlpha"},"weMediaInfo":null,"summary":"Dan Loeb's Third Point shed its holdings in Option Care Health , T-Mobile US , and Alphabet A shares , while it established holdings in Verizon , EQT Corp. , and FleetCor Technologies  during Q3 2023, according to the firm's latest 13F.  The hedge fund boosted its stakes in Vistra  to 4.60M shares from 3.60M, U.S. Steel  to 5.50M shares from 4.75M, and American International Group  to 3.45M shares from 2.95M. It trimmed its positions in Uber Technologies  to 1.0M shares from 4.2M, Intercontinental Exchange  to 700K shares from 2.39M, and Taiwan Semiconductor  to ~1.18M shares from ~1.78M, according to the 13F.    More on American International Group, EQT, etc.  AIG Q4 earnings top consensus as net investment income climbs Soroban Capital adds Exelon, boosts Brookfield Corp. Soros Fund exits Arm, FMC, Trinity; enters KeyCorp, Avantor Druckenmiller's Duquesne drops Alibaba, Amazon; picks up Barrick Gold, Newmont","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"勒布的第三点出自期权护理，T-Mobile；投资Verizon，EQT","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".IXIC":0.9,"03145":0.6,"09988":0.6,"AIG":1,"BABA":0.66,"EQT":1,"FLT":1,"MNQmain":0.6,"NQmain":0.6,"GOOG":0.66,"GOOGL":1,"ICE":1,"OPCH":1,"PSQ":0.6,"QID":0.6,"QLD":0.6,"QQQ":0.6,"SQQQ":0.6,"TMUS":1,"TQQQ":0.6,"TSM":1,"UBER":1,"VST":1,"VZ":1,"X":1},"content_text":"Dan Loeb's Third Point shed its holdings in Option Care Health (NASDAQ:OPCH), T-Mobile US (NASDAQ:TMUS), and Alphabet A shares (NASDAQ:GOOGL), while it established holdings in Verizon (NYSE:VZ), EQT Corp. (NYSE:EQT), and FleetCor Technologies (NYSE:FLT) during Q3 2023, according to the firm's latest 13F.  The hedge fund boosted its stakes in Vistra (NYSE:VST) to 4.60M shares from 3.60M, U.S. Steel (NYSE:X) to 5.50M shares from 4.75M, and American International Group (NYSE:AIG) to 3.45M shares from 2.95M. It trimmed its positions in Uber Technologies (NYSE:UBER) to 1.0M shares from 4.2M, Intercontinental Exchange (NYSE:ICE) to 700K shares from 2.39M, and Taiwan Semiconductor (NYSE:TSM) to ~1.18M shares from ~1.78M, according to the 13F.    More on American International Group, EQT, etc.  AIG Q4 earnings top consensus as net investment income climbs Soroban Capital adds Exelon, boosts Brookfield Corp. Soros Fund exits Arm, FMC, Trinity; enters KeyCorp, Avantor Druckenmiller's Duquesne drops Alibaba, Amazon; picks up Barrick Gold, Newmont","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}