Melvin Capital doubled up on Amazon, slashes stake in Live Nation Entertainment, Bill.com Holdings

May 17, 2022 12:05 PM ETCPRI, TCOM, V, MGM, SPOT, AMZN, MSFT, LYV, BILL, DDOG, HLTBy: Pranav Ghumatkar, SA News Editor12 Comments
  • Melvin Capital Management has disclosed 45 total holdings in its latest 13F filing, with portfolio value of $9.86B.
  • New positions include Capri Holdings (CPRI), Trip.com Group (TCOM), Visa (V), MGM Resorts International (MGM), Spotify Technology (SPOT).
  • The fund, led by Gabe Plotkin, elevated its stake in Amazon (AMZN) by almost 168%, bringing its holding to $436.5M and additionally raised its place in Microsoft (MSFT) by 18.4%, and now owns $365.1M value of inventory.
  • Decreased its stakes in Live Nation Entertainment (LYV), Bill.com Holdings (BILL), Datadog (DDOG), Hilton Worldwide Holdings (HLT).
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