David Tepper acquired 3.47M Alibaba Group Holding shares worth $416M. That's 5.54% of their entire equity portfolio (7th largest holding). The first Alibaba Group Holding trade was made in Q3 2014. Since then David Tepper bought shares fourteen more times and sold shares on 25 occasions. The stake costed the investor $281M, netting the investor a gain of 48% so far.
Alibaba Group Holding Ltd's (NYSE: BABA) (NYSE: BABAF) AI breakout isn't just powering an 80% year-to-date rally — it's rewriting one billionaire's P&L in re...
During the first quarter, the Carolina Panthers owner trimmed stakes in Alibaba and other Chinese companies.
David Tepper's success as an investing legend can be attributed to the rare combination of contrarian bets, unwavering conviction, and the gumption to make m...
Appaloosa cut its stakes in both Meta Platforms and Amazon.com by about 20%.