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NEW YORK (
TheStreet) -- Hedge fund heavyweight Dan Loeb released his hedge fund's 13F filing with the SEC yesterday, revealing his hedge fund's holdings for the second quarter, which ended June 30.
Loeb, the founder and CEO of
Third Point, bought into fourteen new stocks and increased his holdings in eight others. Notably, he more than quadrupled his holding of
American International Group(AAPL), buying 7.75 million shares to bring his total stake to 10 million shares.
Other large acquisitions included Irish pharmaceutical company
Tiffany(TIF), and shares of
Notable exits and reductions included Third Point's entire holding of
Murphy Oil(MUR) and
George Soros released his 13F filing with the SEC yesterday, revealing his holdings for the second quarter, which ended June 30.
Most notably, the Hungarian billionaire bought a large stake in
J.C. Penney(JCP - Get Report), bringing his total to nearly 20 million shares. He also held a position of nearly 5 million shares in
Herbalife(HLF) as of the end of the quarter.
This comes as Soros and Bill Ackman have had disputes over
Herbalife. Soros and Ackman have clashed recently, with Ackman even accusing Soros of insider trading for its Herbalife position, but Soros' long position on J.C. Penney seems to indicates he agrees with Ackman at least on the struggling retailer and that it will recover.
Soros exited positions in
SPDR Gold Trust(GLD), while pairing positions in
Written by Laura Berman in New York