PDT Partners Expands Frontdoor Stake After 2Q Buy
PDT Partners LLC disclosed new or increased stakes in several public companies in its second-quarter 13F filing. The firm purchased 67,242 shares of Frontdoor Inc. (FTDR), valued at about $5.2 million. It also bought 75,777 shares of Westlake Corporation (WLK) for roughly $5.5 million. In addition, PDT Partners acquired 39,417 shares of Reliance, Inc. (RS) valued at about $14.7 million, making RS PDT’s 22nd largest holding. The fund expanded its position in Arcus Biosciences (RCUS) with 323,567 shares, worth around $9.98 million. Finally, PDT Partners added 347,616 shares of Pilgrim’s Pride Corporation (PPC) for about $9.77 million in the quarter.
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