Billionaire Dan Loeb’s Portfolio: Top 5 Stock Picks

Page 1 of 5

In this article, we will take a look at billionaire Dan Loeb’s portfolio: top 5 stock picks. To know more about the top stocks in Loeb’s portfolio, go directly to Billionaire Dan Loeb’s Portfolio: Top 12 Stock Picks.

5. Bath & Body Works, Inc. (NYSE:BBWI)

Third Point’s Stake Value: $468.13 Million
Percent of Portfolio: 7.1%
Number of Hedge Fund Holders: 49

Bath & Body Works, Inc. (NYSE:BBWI) is a specialty retailer of home fragrance, body care, and soaps. The company commercialize its products through the retail store and e-commerce sites. 

While Bath & Body Works, Inc. (NYSE:BBWI) is down by about 23% for the year, it offers an enticing 2.45% dividend yield, ideal for generating passive income. Third Point opened a position in Bath & Body Works, Inc. (NYSE:BBWI) in Q3 2022 at the height of the bear run. Third Point held stakes worth $468.13 million in the company in Q3 2023, accounting for 7.1% of the portfolio. 

Follow Bath & Body Works Inc. (NYSE:BBWI)

[/company-follow-email]

Page 1 of 5