BRBR - Sachem Head boosts stakes in Arconic Opendoor Uber; exits Carvana

August, 15 2022 10:47 AM Bellring Brands Inc - Class A

Sachem Head bolstered its holdings of Arconic ( NYSE: ARNC ), Opendoor Technologies ( NASDAQ: OPEN ), Momentive Global ( NASDAQ: MNTV ), and Uber Technologies ( NYSE: UBER ) and exited stakes in Carvana ( NYSE: CVNA ), Bellring Brands ( NYSE: BRBR ), and Post Holdings ( NYSE: POST ) as of June 30, 2022, according to the hedge fund's 13F filing.
The fund's holding in Arconic ( ARNC ) increased to 4.08M shares from 450K shares at March 31; its stake in Momentive ( MNTV ) increased to 6.97M shares from 5.72M shares; Opendoor ( OPEN ) stake rose to 4.22M shares from 2.84M share; its Uber ( UBER ) holding increased to 4.58M shared from 3.66M shares.
Sachem Head took new holdings in FedEx ( NYSE: FDX ) with ~494K shares, Elastic ( NYSE: ESTC ) NV with 743K shares, Hasbro ( NASDAQ: HAS ) at 620K shares, and New Relic ( NYSE: NEWR ) at ~1.49M shares
The company pared its stake in Salesforce ( NYSE: CRM ) to 40K shares from 253K shares, Olin ( NYSE: OLN ) to 9.45M shares from ~12.0M shares,
Earlier, Smartsheet ( SMAR ) gains after activist Sachem Head reports stake in 13F filing

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