David Tepper's position in PDD Holdings is currently worth $307 Million. That's 4.37% of their equity portfolio (7th largest holding). The first PDD Holdings trade was made in Q2 2023. Since then David Tepper bought shares two more times and sold shares on one occasions. The stake costed the investor $217 Million, netting the investor a gain of 42% so far.
Many investors today have deemed China stocks as non-viable investments. However, being a contrarian investor is a great way to make outsized returns. As you...
InvestorPlace, 3 months agoSummary List Placement Chinese stocks continued to tumble this week on new data showing the slowdown from COVID-19 was worse than expected in July. Shares of...
Business Insider, almost 3 years ago