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Appaloosa exits Alibaba, adds Micron, Alphabet

hedgeweek

4 months ago

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David Tepper’s hedge fund firm Appaloosa Management reshuffled its equity portfolio in the fourth quarter of 2025, lifting exposure to US technology and cyclical names while paring back positions in China and select growth stocks, according to a report by Barron’s.
The reports cites a filing with the US Securities and Exchange Commission as showing that the portfolio — valued at roughly $7bn — saw its largest increase by dollar value in Micron Technology. Appaloosa added one million shares, taki...

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