37% of David Tepper's Fund Is Invested in These 4 Stocks

Core Insights - Hedge-fund billionaire David Tepper has made significant adjustments to his portfolio, notably reducing his stake in Broadcom and increasing his position in UnitedHealth Group, while also shifting focus towards Chinese equities like Alibaba [2][6]. Group 1: Portfolio Adjustments - Appaloosa Management has reduced its investment in Broadcom and increased its stake in UnitedHealth Group [2]. - Tepper is decreasing exposure to semiconductor companies such as Nvidia while increasing investments in Chinese stocks like Alibaba [2]. - Tepper has expressed a cautious outlook on the market, stating he won't "fight the Fed" despite feeling "miserable" about current conditions [2]. Group 2: Major Holdings - Alibaba is the largest holding in Tepper's portfolio, accounting for over 12% of the total, benefiting from recent news of China's stimulus plans [6][7]. - Amazon is the second-largest holding at 10.9%, with significant advancements in AI innovations, particularly in supply chain automation [8][9]. - Microsoft ranks as the third-largest holding at 8.6%, with a strong focus on AI investments and potential advancements towards artificial general intelligence [10][11]. - Meta Platforms is the fourth-largest holding at 7.6%, recently reaching an all-time high and focusing on metaverse developments [13].