New York, NY – Renowned investor David Tepper’s latest 13F portfolio reveals some interesting changes in his investment strategy. Tepper’s portfolio value has seen a significant increase this quarter, rising from approximately $5.79 billion to about $6.75 billion. Despite the overall increase in portfolio value, the number of holdings has slightly decreased from 38 to 37.

Tepper’s top five positions include Alibaba Group Holdings, Amazon.com, Microsoft, Meta Platforms, and Nvidia, collectively making up around 45% of his portfolio. Tepper’s investment style, known for its focus on distress investing, can be further explored through the book “Distress Investing: Principles and Techniques.”

Tepper has made some notable new stakes this quarter, including positions in Adobe Inc. and iShares China Large Cap ETF. Additionally, Tepper has established small new stakes in companies like Boeing Co., JD.com, KraneShares China Internet, Lyft, Inc., and Microsoft Puts.

On the other hand, Tepper has also made some significant stake disposals this quarter, including ARK Innovation ETF, FMC Corp., General Motors, HCA Healthcare, Masco Corp., Mohawk Industries, Owens Corning, and Whirlpool Corp. These dispositions represent a strategic shift in Tepper’s portfolio.

Furthermore, Tepper has seen stake increases in companies like Alibaba Group Holdings, Oracle Corp, PDD Holdings, Baidu, Caesars Entertainment, and United Parcel Service. These increases highlight Tepper’s confidence in these particular investments.

In terms of stake decreases, Tepper has adjusted positions in companies like Amazon.com, Microsoft, Meta Platforms, NVIDIA Corp, Alphabet Inc., Advanced Micro Devices, FedEx Corp, Qualcomm Inc., Intel Corp, and Energy Transfer LP, among others.

It’s crucial to note that the prices mentioned in the analysis have been adjusted for a recent 10-for-1 stock split. These changes in Tepper’s 13F portfolio reflect his continued efforts to maximize returns and adapt to evolving market conditions.

Overall, Tepper’s strategic moves in his portfolio showcase a blend of new stakes, stake disposals, stake increases, and stake decreases, all aimed at optimizing the performance of his investment portfolio. This quarter’s adjustments provide valuable insights into Tepper’s investment decisions and the rationale behind his reshuffling of positions.