Billionaire Investor Tepper Lifts China Bet
Billionaire Investor Tepper’s Firm Loves China. Alibaba Is Its Biggest Bet.
David Tepper’s Appaloosa LP boosted its stakes in Chinese stocks during the fourth quarter and now counts Alibaba Group Holding as its largest position, according to a securities filing. The billionaire investor has become a fan of the depressed Chinese market in the past six months.
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Billionaire David Tepper’s Appaloosa Jumps Out of Adobe and Into This Iconic CompanyDavid Tepper’s hedge fund, Appaloosa LP, filed its Q4 2024 13F holdings report recently. The billionaire owner of the ...
The most notable increase was Vistra Corp ( NYSE:VST ), with an additional 1,429,612 shares, bringing the total to 2,700,000 shares. This adjustment represents a significant 112.53% increase in share ...
Billionaire investor David Tepper has certainly made up his mind. He doubled down on his bet on Chinese stocks last quarter, adding positions in e-commerce platforms Alibaba Group Holding Ltd. and ...
David Tepper's 13F portfolio value decreased from ~$6.73B to ~$6.46B, with holdings reduced from 36 to 35. New stakes include Corning Inc., while Adobe was disposed of. Significant increases in ...
On the flip side, Appaloosa Management’s David Tepper increased his exposure to China-related stocks and exchange-traded funds (ETFs) last quarter. Tepper increased his stake in companies ...
Chinese e-commerce retailer and tech group Alibaba (BABA) stock soared 7.5% after billionaire hedge fund manager David Tepper revealed that his firm, Appaloosa Management, had boosted its stake to ...
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