David Tepper’s Appaloosa Management disclosed in an SEC filing its holdings as of March 31. Appaloosa’s new buys during the quarter included, by size of position, Adobe (ADBE), JD.com (JD), and Boeing (BA). Appaloosa exited a number of positions during the quarter, including by size of previous position, HCA Healthcare (HCA), FMC Corp (FMC), Whirlpool (WHR), Mohawk Industries (MHK), and General Motors (GM). Appaloosa increased its stake in a number of holdings, including by size of previous position, Alibaba (BABA), Oracle (ORCL), PDD (PDD), Baidu (BIDU), and UPS (UPS). Appaloosa reduced its stake in holdings, including by size of previous position, Uber (UBER), Meta Platforms (META), Intel (INTC), Macy’s (M), and Microsoft (MSFT). Appaloosa’s top holdings as of March 31, in order of size, were Alibaba, Amazon (AMZN), Microsoft, Meta Platforms, and Nvidia (NVDA).
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