Daniel Loeb's Third Point opens new bet in Range Resources, gets rid of Cenovus

Nov. 14, 2022 6:33 PM ETAntero Resources Corporation (AR), EQT, CVE, CRK, RRC, CVE:CABP, BBWIBy: Max Gottlich, SA News Editor7 Comments

The New York Times 2013 DealBook Conference in New York

Larry Busacca

  • Third Point LLC has taken new stakes in Range Resources (NYSE:RRC), with 3.9M shares, Comstock Resources (NYSE:CRK), with 3M shares, and Bath & body Works (BBWI), with 8.13M shares, in Q3, according to the Daniel Loeb-led hedge fund's 13F filing submitted on Monday.
  • The firm exited its investments in Cenovus Energy (NYSE:CVE) and Archaea Energy (LFG).
  • Reduced holdings in EQT (NYSE:EQT) to 3.25M shares from 7.52M shares, and in Antero Resources (NYSE:AR) to 100K shares from 3.39M shares.
  • Previously, (Oct. 25) Third point reduced its holding in Cano Health.

Recommended For You

Comments (7)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.