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Appaloosa's portfolio updates include tech movers

Published 11/14/2017, 04:57 PM
© Reuters.  Appaloosa's portfolio updates include tech movers
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  • Appaloosa’s David Tepper discloses updated portfolio positions in a 13F filing, and some major tech companies were in motion.
  • New top holdings (with this quarter’s adjustment): Micron (NASDAQ:MU) to 8.44M shares (from 1.25M); Alibaba (NYSE:BABA) maintained at 3.56M; Facebook (NASDAQ:FB) increased to 3.3M (from 2.36M); Alphabet (GOOG, GOOGL) maintained at 0.57M.
  • The top holdings now account for more than a third of the portfolio’s total value.
  • New positions included Applied Materials (NASDAQ:AMAT) with 0.25M shares.
  • Closed positions included 0.53M shares of Activision Blizzard (NASDAQ:ATVI).
  • Additional resources: Briefings.com / HedgeMind
  • Now read: Micron Will Likely Beat On Earnings


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