David Tepper's Biggest Bets
David Tepper's Appaloosa Management portfolio shows a big bet on Allergan, while reducing his bet on the S&P 500. Tepper's Allergan stake was quadrupled in 2Q. It's now his fourth largest holding.
A couple sizable stocks he was taking positions in are Mohawk Industries and Synchrony Financial.
Then there were new stakes in Atlantica Yield and Western Digital. Meanwhile, he's selling off stakes in Airlines, Delta Air Lines, while selling off a 20% stake in Southwest Airlines.
Tepper is the highest paid hedge fund manager for a reason.