Melvin Capital takes new stake in Uber; exits Mastercard, Activision Blizzard
Feb. 14, 2022 5:07 PM ETUber Technologies, Inc. (UBER), MA, ATVI, SNAPMCD, SQ, AMZN, EFX, DDOGBy: Max Gottlich, SA News Editor16 Comments
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- Melvin Capital Management took a new stake in Uber (NYSE:UBER) with 7.8M common shares, according to the fund's latest 13-F filing.
- Exited Mastercard (NYSE:MA) from 2M shares in the previous period; Activision Blizzard (NASDAQ:ATVI) from 1M, McDonald's (NYSE:MCD) from 1.07M and Block (NYSE:SQ) from 1.30M
- Trimmed stake in Amazon (NASDAQ:AMZN) to 50K shares from 70K, and Snap (NYSE:SNAP) to 3.50M from 8.50M.
- Boosted Equifax (NYSE:EFX) to 1.50M from 1.07M and Datadog (NASDAQ:DDOG) to 3.27M from 2.35M.
- Previously, (Aug. 16, 2021) Melvin Capital took stakes in JD.com, DoorDash and exited Netflix.