>>> Third Point (Dan Loeb) discloses updated portfolio positions in 13F filing:

Third Point (Dan Loeb) discloses updated portfolio positions in 13F filing: New BN CVS HE positions
Highlights from Q3 2024 filing as compared to Q2 2024 (all amounts are approximate):
  • New positions in: BN (4.73 mln shares), CVS (1.58 mln), HE (1.54 mln), CCO (850K), CRS (660K), FLUT (510K), LPLA (485K), TSLA (400K), ANSS (255K)
  • Increased positions in: CRH (to 2.05 mln shares from 0.65 mln shares), ICE (to 2.09 mln from 1 mln), LYV (to 2.34 mln from 1.37 mln), TDS (to 2.88 mln from 2.27 mln)
  • Maintained positions in: BBWI (11.79 mln shares), CNK (7 mln shares), FERG (0.97 mln shares), CPAY (0.77 mln shares), HES (0.63 mln shares), ROP (0.24 mln shares)
  • Closed positions in: VZ (from 4.68 mln shares), AIG (from 3.45 mln), KBH (from 2.1 mln), UBER (from 2.1 mln), GOOGL (from 1.98 mln), AAP (from 1.5 mln), IFF (from 1.3 mln), MU (from 0.28 mln), DT (from 0.15 mln), MSCI (from 0.15 mln), ASML (80K)
  • Decreased positions in: PCG (to 49.75 mln shares from 53.75 mln), AMZN (to 3.7 mln from 5.1 mln), VST (to 3.18 mln from 4.47 mln), APH (to 1.6 mln from 2.8 mln), AAPL (to 0.93 mln from 1.95 mln), MSFT (to 0.87 mln from 1.58 mln), META (to 0.55 mln from 1.1 mln), TSM (to 1.8 mln from 2 mln), DHR (to 1.95 mln from 2.1 mln), APO (950K from 1 mln)

>>> Appaloosa (David Tepper) discloses updated portfolio positions in 13F filing

Appaloosa (David Tepper) discloses updated portfolio positions in 13F filing: New LVS VST NRG WYNN positions
Highlights from Q3 2024 filing as compared to Q2 2024 (all amounts are approximate):
  • New positions in: LVS (1.53 mln shares), VST (1.27 mln), NRG (1 mln), WYNN (0.8 mln)
  • Increased positions in: LYFT (to 15.75 mln shares from 7.96 mln shares), PDD (to 5.3 mln from 1.94 mln), JD (to 7.3 mln from 4.31 mln), BEKE (to 2.18 mln from 2.09 mln)
  • Closed positions in: M (from 1.27 mln shares), UPS (from 0.61 mln), BA (from 0.21 mln)
  • Decreased positions in: FXI (to 5.84 mln shares from 6.94 mln shares), LRCX (to 0.1 mln from 1.09 mln), ET (to 6.83 mln from 7.7 mln), KWEB (to 3.77 mln from 4.49 mln), BABA (to 10 mln from 10.5 mln), ORCL (to 1.57 mln from 2 mln), META (to 0.63 mln from 0.94 mln) CZR (to 2.15 mln from 2.2 mln), GOOG (to 1.88 mln from 1.93 mln), INTC (to 2.5 mln from 2.78 mln), AMZN (to 3.2 mln from 3.48 mln), SWN (to 4.18 mln from 4.44 mln), BIDU (to 1.43 mln from 1.67 mln), AMD (to 1.14 mln from 1.37 mln), MSFT (to 0.97 mln from 1.18 mln), FDX (to 0.38 mln from 0.55 mln), ADBE (to 0.2 mln from 0.36 mln), MU (to 1.05 mln from 1.18 mln), EQT (to 1.8 mln from 1.91 mln), AR (to 1.75 mln from 1.85 mln), UBER (to 1.41 mln from 1.5 mln), NVDA (to 0.63 mln from 0.69 mln), TSM (to 0.4 mln from 0.46 mln), QCOM (to 0.8 mln from 0.84 mln), MPLX (to 0.58 mln from 0.61 mln), EXE (to 0.17 mln from 0.19 mln), UNH (to 0.17 mln from 0.19 mln)

>>> Berkshire Hathaway (Warren Buffett) discloses updated portfolio positions in

Berkshire Hathaway (Warren Buffett) discloses updated portfolio positions in 13F filing: New DPZ POOL positions, Confirms lower BAC AAPL holdings (467.70 -0.40)
Highlights from Q3 2024 filing as compared to Q2 2024 (all amounts are approximate):
  • New positions in: DPZ (1.28 mln shares), POOL (0.4 mln)
  • Maintained positions in: KO (400 mln shares), KHC (325.63 mln shares), OXY (255.28 mln shares), AXP (151.61 mln shares), CVX (118.61 mln shares), C (55.24 mln shares), KR (50 mln shares), DVA (36.1 mln shares), CB (27.03 mln shares)
  • Closed positions in: FND (from 3.98 mln shares)
  • Decreased positions in: BAC (to 797.68 mln shares from 1032.85 mln shares), AAPL (to 300 mln from 400 mln), NU (to 86.44 mln from 107.12 mln), CHTR (to 2.82 mln from 3.83 mln), COF (to 9.1 mln from 9.82 mln), ULTA (to 0.02 mln from 0.69 mln)

>>> Stadium Capital discloses updated portfolio positions in 13F filing: New SON

Stadium Capital discloses updated portfolio positions in 13F filing: New SONO position, Exited JELD
Highlights from Q3 2024 filing as compared to Q2 2024 (all amounts are approximate):
  • New positions in: SONO (660K), MBUU (69K), LCII (20K)
  • Increased positions in: SNBR (to 2.01 mln shares from 1.85 mln), TNET (to 101K from 11K), BC (to 196K from 156K), NAVI (to 340K from 319K)
  • Decreased positions in: DV (to 152K from 400K), GDDY (to 57K from 94K), BLDR (to 193K from 221K)

>>> Duquesne (Stanley Druckenmiller) discloses updated portfolio positions in 13

Duquesne (Stanley Druckenmiller) discloses updated portfolio positions in 13F filing: New KRE TEVA VRNA positions, Increased NTRA WULF CPNG
Highlights from Q3 2024 filing as compared to Q2 2024 (all amounts are approximate):
  • New positions in: KRE (2.05 mln shares), TEVA (1.43 mln), VRNA (686K), HBAN (671K), X (663K), FHN (620K), KEY (584K), SPRY (537K), CNM (475K), NVT (451K), C (327K), NAMS (288K), ASND (265K), AVGO (240K), CFG (239K), TFC (234K), USB (217K), CRH (163K), ABCB (154K), TRP (115K)
  • Increased positions in: NTRA (to 3.57 mln shares from 1.97 mln shares), WULF (to 2.94 mln from 2.09 mln), CPNG (to 11.7 mln from 10.97 mln), PM (to 1.13 mln from 0.89 mln; also has calls), FCX (to 1.38 mln from 1.15 mln), BMA (to 0.42 mln from 0.27 mln), DFS (to 0.28 mln from 0.17 mln), WWD (to 1.06 mln from 0.95 mln), DAKT (to 2.57 mln from 2.49 mln), WAB (to 0.18 mln from 0.15 mln)
  • Closed positions in: OPCH (from 1.87 mln shares), MSGE (from 694K), NWSA (from 684K), NWS (from 636K), CNK (from 401K), AES (from 315K), LBTYA (from 275K), LBTYK (from 262K), VCYT (from 260K), NVDA (from 214K), TEO (from 143K), SPHR (from 122K), EQT (from 121K), LYV (from 103K), TPX (from 103K), BAH (from 84K)
  • Decreased positions in: KMI (to 2.61 mln shares from 6.75 mln shares), ZI (to 2.14 mln from 5.88 mln), VST (to 0.39 mln from 2.63 mln), FLEX (to 0.35 mln from 1.45 mln), PLTR (to 0.04 mln from 0.77 mln), COHR (to 2.98 mln from 3.59 mln), TECK (to 1.02 mln from 1.45 mln), MAA (to 239K from 644K), MSFT (to 43K from 400K), SWTX (to 705K from 1021K), CPT (to 291K from 578K), GEV (to 29K from 297K), YPF (to 430K from 638K), GGAL (to 355K from 476K), FLUT (to 261K from 335K), BCS (to 2008K from 2075K), PANW (to 44K from 89K), ADBE (to 34K from 37K)

>>> Corvex Management (Keith Meister) discloses updated portfolio positions in 1

Corvex Management (Keith Meister) discloses updated portfolio positions in 13F filing: Confirms new FTRE holding, New DLTR APD positions
Highlights from Q3 2024 filing as compared to Q2 2024 (all amounts are approximate):
  • New positions in: FTRE (2.22 mln shares), DLTR (1.13 mln), APD (0.01 mln)
  • Increased positions in: AQN (to 3.04 mln shares from 1.01 mln shares), IAC (to 1.49 mln from 1.27 mln), GOOGL (to 0.64 mln from 0.51 mln), NSC (to 0.27 mln from 0.24 mln)
  • Maintained positions in: VSTS (17.01 mln shares), MDU (10.15 mln shares), MGM (5.74 mln shares), SWX (4.77 mln shares), WGS (2.47 mln shares), ILMN (2.28 mln shares), LLYVA (1.56 mln shares), CSX (1.04 mln shares), LLYVK (925K), CCEP (799K), AMZN (518K), HXL (487K), KOF (446K), FMX (405K), MSFT (174K)
  • Closed positions in: CAE (from 1.04 mln shares)

FT : Ben & Jerry’s claims Unilever ‘silenced’ it over support for Palestinian re

Ben & Jerry’s claims Unilever ‘silenced’ it over support for Palestinian refugees
Owner rejects accusation it breached agreement allowing the brand to pursue its own social mission

Ben & Jerry’s has claimed Unilever threatened to dismantle its independent board and “silenced” the brand over its support for Palestinian refugees, in the latest legal flare-up between the ice cream brand and its parent company. 

In a legal complaint filed in the US district court for the southern district of New York on Wednesday, Ben & Jerry’s alleged that Unilever had breached its agreement to allow the brand to pursue its own “social mission” by preventing it from calling for a ceasefire in Gaza or voicing support for refugees.

Anuradha Mittal, chair of Ben & Jerry’s independent board, said: “For four decades, Ben & Jerry’s has remained steadfast in our commitment to social justice. Unilever’s intimidation will not waiver the company’s commitment.”

The allegations in the New York lawsuit mark the latest step in a long-running disagreement between the London-listed consumer goods group and its ice cream brand over Israel and Palestine.

In 2022, Ben & Jerry’s sued Unilever after the company blocked its attempts to stop selling ice cream in the occupied territories by disposing of the Israeli arm of the brand to a local licensee. In December that year, Unilever said the dispute had been resolved.

Speaking to the Financial Times in January, Mittal called for a permanent ceasefire in Gaza. Ben & Jerry’s the brand remained silent on the issue.

Ben & Jerry’s has now claimed that Unilever threatened to dismantle the independent board and sue individual members if the brand issued a ceasefire statement alongside the panel.

According to the Wednesday filing, in December 2023 Ben & Jerry’s management and the board informed Unilever of their plans to issue a statement.

The filing then claims that Unilever responded with the threats, as well as personal calls from the president of Unilever’s ice cream division, Peter ter Kulve, and head of litigation, Jeff Eglash, “who attempted to intimidate Ben & Jerry’s personnel with professional reprisals if the company issued a ceasefire statement”.

Ben & Jerry’s also alleged that its parent company breached the terms of the settlement in the previous lawsuit over the occupied territories.

As part of the settlement, Unilever promised to make $5mn in payments for Ben & Jerry’s to human rights organisations of its choosing.

In Wednesday’s filing, Ben & Jerry’s claimed that Unilever blocked it from donating to non-governmental organisation Jewish Voice for Peace on the basis that it was too critical of the Israeli administration.

It added: “Despite its contractual commitment to “[r]espect and acknowledge” the independent board’s primary responsibility over Ben & Jerry’s social mission and essential brand integrity, Unilever has silenced each of these efforts.”

Unilever said: “Our heart goes out to all victims of the tragic events in the Middle East. We reject the claims made by B & J’s social mission board, and we will defend our case very strongly. We would not comment further on this legal matter.”

In March this year, Unilever announced it was splitting off its ice cream business, which includes Ben & Jerry’s, as well as brands such as Magnum and Wall’s.