Here Are Billionaire David Tepper's 5 Biggest Stock Holdings
One of the more prominent hedge fund managers today, Appaloosa Management's David Tepper, has been one of the busiest lately. His investment vehicle recently made some big moves, to the point where Appaloosa's lineup of largest holdings has changed. Like other investment managers, Appaloosa is required to itemize its equity portfolio on a quarterly basis. The company's latest filing was submitted in mid-February. On the basis of that document, here are the hedge fund's top five stock positions.As with the previous filing, the No. 1 slot belongs to a foreign company, Chinese e-commerce giant Alibaba Group (NYSE: BABA). Despite a recent, 600,000-share sell-off, Tepper clearly remains bullish on longtime holding Amazon (NASDAQ: AMZN), as it occupies position No. 2. Continue reading
One of the more prominent hedge fund managers today, Appaloosa Management's David Tepper, has been one of the busiest lately. His investment vehicle recently made some big moves, to the point where Appaloosa's lineup of largest holdings has changed.
Like other investment managers, Appaloosa is required to itemize its equity portfolio on a quarterly basis. The company's latest filing was submitted in mid-February. On the basis of that document, here are the hedge fund's top five stock positions.
As with the previous filing, the No. 1 slot belongs to a foreign company, Chinese e-commerce giant Alibaba Group (NYSE: BABA). Despite a recent, 600,000-share sell-off, Tepper clearly remains bullish on longtime holding Amazon (NASDAQ: AMZN), as it occupies position No. 2.
