Dan Loeb’s Third Point LLC sold stakes in several high profile companies including Alibaba Group Holdings BABA, +0.24% Microsoft Corp. MSFT, +0.38% Netflix Inc. NFLX, +0.83% and Deere & Co. DE, +0.59% while buying into Cigna Corp. CI, -2.47% during the fourth quarter, according to a regulatory filing Friday. It also dropped Marathon Oil Corp. MRO, -0.92% and WPX Energy Inc. WPX, -2.70% from its portfolio and trimmed its investment in American Express Co. APX, +0.00% to 2.9 million shares from 5 million in the previous quarter. At the same time, it raised its holding in Campbell Soup Co. CPB, +0.26% to 21 million from 18 million as part of its effort to push for a sale of the company. For all of 2018, Third Point had reported losses of 11%, the worst since 2008.

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