Chris Davis acquired 3.13M Rocket Companies shares worth $60M. That's 0.31% of their equity portfolio (48th largest holding). The investor owns 1.32% of the outstanding Rocket Companies stock. The first Rocket Companies trade was made in Q3 2020. Since then Chris Davis bought shares five more times and sold shares on fourteen occasions. The stake costed the investor $53.6M, netting the investor a gain of 12% so far.
Investment management firm, Davis Advisers, released its ¡°Davis Financial Fund¡± 2022 annual investor letter. A copy of the same can be downloaded here. In 20...