David Tepper's position in Alphabet is currently worth $293 Million. That's 4.36% of their equity portfolio (7th largest holding). The first Alphabet trade was made in Q4 2015. Since then David Tepper bought shares eleven more times and sold shares on 24 occasions. The stake costed the investor $88 Million, netting the investor a gain of 233% 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.
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