Appaloosa takes new stakes in Oracle and GM, raises stakes in Alibaba and Microsoft
David Tepper’s Appaloosa hedge fund took new stakes in Oracle Corp. and General Motors Co., to name a few, and increased its holdings in Alibaba Group and Microsoft Corp., among other moves, according to a filing with the Securities and Exchange Commission late Wednesday. Appaloosa increased its stake in Alibaba BABA by about 20%, ending the December quarter with 4.35 million shares, and increased its Microsoft MSFT holdings by about 4%, with 1.7 million shares. It also slightly increased its Amazon.com Inc ...