David Tepper's Appaloosa hedge fund has acquired new stakes in Oracle Corp. and General Motors Co., to name a few, and has increased its holdings in Alibaba Group and Microsoft Corp., among other moves, according to a late filing with the Securities and Exchange Commission. Wednesday.
Appaloosa increased its stake in Alibaba BABA by about 20%, ending the December quarter with 4.35 million shares, and increased its holdings of Microsoft MSFT by about 4%, with 1.7 million shares. It also slightly increased its holdings in Amazon.com Inc. AMZN,…
Take control of your money.
Subscribe to MarketWatch.
Get this article and all of MarketWatch.
Access from any device. Anywhere. At any time.
subscribe now
Are you already a subscriber? sign in