Dan Loeb's Third Point adds stakes in CSX, Alcoa; exits Alphabet, Upstart
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Dan Loeb's Third Point LLC has added new stakes in rail services company CSX (NASDAQ:CSX) with ~7.39M shares, Alcoa (NYSE:AA) with ~2.38M shares, and petroleum producer Ovintiv (OVV) with 2.25M shares, according to its latest 13F filing.

The investment firm exited Alphabet (GOOGL), Upstart Holdings (UPST), and Accenture (ACN).
Increased stakes in EQT (EQT) to 8.95M shares from ~4.98M, in Zendesk (ZEN) to 1.90M shares from 1.30M, and in Hertz Global (HTZ) to 6.62M shares from ~6.00M.
Reduced holdings in Amazon (AMZN) to 17.5K shares from 235K, in Intuit (INTU) to 725K shares from 1.15M, and in Microsoft (MSFT) to 500K shares from 1.6M.
Previously (May 8), Third Point increased Shell stake in Q1, added Glencore long position