David Tepper trimmed tech stocks and bet on energy in the first quarter. Here are his top holdings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

New for subscribers: David Tepper trimmed tech stocks and bet on energy in the first quarter. Here are his top holdings. Check out CNBCPro today.

Hedge fund veteran David Tepper trimmed some of his biggest tech holdings and added to his positions in energy plays during the first quarter, according to a security filing released Monday.because he thought that the 10-year U.S. Treasury would temporarily pause after yields rose rapidly earlier in the year.

Tepper runs Appaloosa Management, whose fund had long equity positions totaling just under $7 billion at the end of the first quarter. Check out its biggest positions below.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines