Billionaire David Tepper Sold 56% of Appaloosa's Stake in Nvidia and Is Loading Up On This Artificial Intelligence (AI) Titan Instead
There may be more to Tepper continuing to sell Nvidia stock than just simple profit-taking.
Investors have been privy to a seemingly overwhelming number of data releases and announcements in recent weeks. From President Donald Trump's tariff policy reveal to a steady stream of economic data releases centered around inflation and jobs growth, it can be easy for something important to fall through the cracks.
On Thursday, May 15, arguably one of the most important data dumps of the quarter occurred -- and it's possible you missed it.
May 15 marked the deadline for institutional investors with at least $100 million in assets under management (AUM) to file Form 13F with the Securities and Exchange Commission. A 13F allows everyday investors to track which stocks Wall Street's leading money managers bought and sold in the most recent quarter (in this instance, the first quarter of 2025).
