13f David Tepper Investment Strategy and Stocks

David Tepper, the founder of Appaloosa Management, is a highly successful hedge fund manager known for his contrarian investment strategy. He's made billions by betting against the market.

Tepper's investment strategy involves identifying undervalued companies with strong fundamentals and taking a long-term approach to investing. This strategy has allowed him to generate impressive returns for his investors.

One key aspect of Tepper's strategy is his focus on value investing, which involves looking for companies that are trading at a discount to their intrinsic value. He's particularly fond of companies with strong balance sheets and a proven track record of success.

Some of Tepper's most notable investments include stocks in the financial sector, such as Bank of America and Citigroup, which he bought during the 2008 financial crisis.

David Tepper's portfolio is impressive, with a total value of $10.5 billion as of December 31, 2017.

The top seven positions in his portfolio make up more than half of the fund's total stock assets, according to the 13F filings.

Micron stock occupies a significant 11% of the portfolio, valued at over $1.1 billion.

Appaloosa Management's portfolio is a staggering $10.5 billion, with the list value of its stocks increasing by an impressive 47.5% in the previous quarter.

The fund's top holdings make up more than half of its total stock assets, with Micron stock taking up nearly 11% of the portfolio and a holding value of over $1.1 billion.

Facebook is another significant holding, accounting for 9.3% of the portfolio with a value of more than $975 million.

The QQQ is also a substantial position, making up 8.6% of the portfolio with a value of $903.4 million.

The top seven positions in Appaloosa's portfolio are a testament to the fund's investment strategy and its ability to generate significant returns.

David Tepper is a billionaire hedge fund manager who set up Appaloosa Management in 1993. He worked at Goldman Sachs before starting his own fund.

David Tepper's net worth is $20.6 billion as of November 2023. This makes him a rare hedge fund boss who has managed to accumulate such wealth.

Appaloosa Management started trading in distressed debt, a move that likely contributed to Tepper's success. He invested in junk bonds and other high-risk assets.

David Tepper has made some notable bets in his career, including investing in a General Motors supplier that had gone bankrupt. He also invested in distressed sectors such as banks and mortgage-backed securities during the financial crisis of 2008.

Tepper's fund, Appaloosa Management LP, has a portfolio value of $6,731,933,575 as of the last available data.

Here is a list of some of the companies Appaloosa Management LP has invested in:

These investments demonstrate Tepper's ability to identify undervalued companies and make savvy bets on their potential for growth.

David Tepper held about steady in the Chinese companies he scooped up earlier this year, even as he trimmed his stakes in Alibaba Group Holding Ltd. and US tech giants.

He continued to stick to his China bet, with Chinese shares and ETFs making up 26% of Appaloosa's equity portfolio. Tepper's biggest position is still Alibaba, accounting for 12% of the fund's $6.2 billion equity portfolio.

Tepper's Appaloosa Management also trimmed its stake in Nvidia Corp. by 84% during the quarter to $85 million, or 1.4% of the portfolio.

David Tepper's Appaloosa Management has a history of finding undervalued stocks that go on to deliver remarkable gains. Energy Transfer Equity (ETE) is one such stock, which may be trading below its intrinsic value.

Western Digital Corp. (WDC) and HCA Healthcare Inc. (HCA) are also potentially undervalued stocks in Tepper's portfolio. These stocks have the potential to increase in value if investors become more optimistic about their prospects.

Micron Technology is another stock that may be undervalued, making it a potential investment opportunity for savvy investors. It's worth noting that past performance is not always a guarantee of future success, but it can be a good starting point for research.

Tepper's impressive track record is a testament to his ability to identify undervalued stocks and capitalize on them. He reportedly earned $7 billion in 2009 by buying up distressed financial stocks and selling them when they recovered.

David Tepper's investment strategy is centered around value investing, where he looks for undervalued companies with strong fundamentals. He has a long-term approach, holding onto stocks for years to reap the benefits of growth.

Tepper is known for his contrarian approach, buying into companies that are out of favor with the market. This strategy has served him well, as he has consistently beaten the market average.

One of his favorite stocks is Wells Fargo, which he has held onto for years. In 2018, he increased his stake in the bank, betting on its long-term potential.

Another favorite stock of Tepper's is JPMorgan Chase, which he has also held for years. He has consistently praised the bank's strong management team and solid financials.

Tepper's investment strategy also involves looking for companies with strong balance sheets and a proven track record of success. This approach has allowed him to avoid many of the pitfalls that other investors have fallen into.

Some of his other favorite stocks include Procter & Gamble, Coca-Cola, and Microsoft.

Form 13F Filings are quarterly reports that institutional investment managers with over $100 million in qualifying assets under management are required to file with the SEC. These forms disclose the manager’s long positions in publicly traded securities, such as stocks and ETFs.

A 13F filing will contain a cover sheet with the signature of the manager or a representative, as well as a statement of how many positions are disclosed in the form, and how much those positions are worth.

The Form 13F filing deadline is 45 days after the end of each quarter, and the forms are released to the public through the SEC’s Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system.

Form 13F filings are released to the public through the SEC's Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system.

The Form 13F filing deadline is 45 days after the end of each quarter. This means that investment managers will typically file their forms by February 14th, May 15th, August 14th, and November 14th of each year.

Investment managers will usually wait until the last moment to file so as to not give away what changes they made to their portfolio in the prior quarter. This is because they view their stock picks as their private efforts or intellectual property.

Filers can request confidential treatment for certain positions, meaning they would disclose the position to the SEC confidentially and omit those positions from the public version. These are most typically applied to risk arbitrage positions.

Form 13F filings can provide valuable insights into the investment strategies and portfolio holdings of large institutional investors. This can be especially helpful for individual investors who may not have the resources or expertise to conduct extensive research on their own.

Individual investors can use 13F filings to identify institutional investors with a track record of outperforming the market and track their current holdings. This can provide ideas for potential investments and help investors diversify their portfolio.

By analyzing 13F filings, investors can also identify potential investment themes or trends. For example, if a number of institutional investors are increasing their exposure to a particular sector, it may be worth considering adding that sector to one's own portfolio.

Form 13F filings can be especially helpful for thinking outside the box or pursuing a familiar theme. Looking at the 13Fs of famous investment managers who invest in different styles can expose investors to new ways of looking at the market.

Investors can also use 13F filings to find investment managers who hold stocks that are in their own portfolio. For example, if you hold shares in Microsoft, you can search for investment managers who hold Microsoft and have certain other parameters, such as performing well last year and owning 30 or fewer stocks.

Institutional investors are required to file Form 13F filings quarterly with the US Securities and Exchange Commission (SEC) if they have over $100 million in qualifying assets under management. These filings disclose the manager's long positions in publicly traded securities, such as stocks and exchange-traded funds (ETFs), as of the end of the quarter preceding the filing.

David Tepper's trades are always worth a closer look. He sold 1.4 million shares of Wells Fargo & Company, a significant reduction from his previous holdings.

Tepper's investment strategy is centered around finding undervalued companies with strong fundamentals. He's known for taking calculated risks to maximize returns.

In the latest 13F filing, Tepper's hedge fund, Appaloosa Management, revealed a new position in Baidu Inc., buying 1.3 million shares. This move is a testament to his willingness to adapt to market trends.

Tepper's trades often involve significant increases or decreases in existing positions. His stake in Alphabet Inc. Class A shares increased by 2.5 million shares, a notable shift in his portfolio.

Appaloosa Management's 13F filing showed a decrease in shares of Microsoft Corporation, a reduction of 1.1 million shares. This move indicates Tepper's flexibility in adjusting his portfolio in response to changing market conditions.

David Tepper's investment decisions are guided by his thorough research and analysis of market trends. His ability to identify undervalued opportunities has contributed to his success as a hedge fund manager.