David Tepper's position in Alphabet is currently worth $341 Million. That's 5.88% of their entire equity portfolio (6th largest holding). The first Alphabet trade was made in Q4 2015. Since then David Tepper bought shares twelve more times and sold shares on 24 occasions. The stake costed the investor $95.5 Million, netting the investor a gain of 257% so far.
David Tepper likely sees significant potential in this Chinese AI stock. Bill Ackman seems to think it is too early to give up on this one-time AI leader.
Chris Hohn’s Hedge Fund TCI Beats Markets With 33% Gain (Financial Times) Tepper’s $2 Billion Hedge Fund Payday Marred By NFL Meltdown (Financial Advisor) Pe...