tiprankstipranks
Trending News
More News >

Appaloosa buys Deutsche Bank, exits FedEx in Q1

David Tepper’s Appaloosa Management disclosed in an SEC filing its holdings as of March 31, 2025. The fund’s four new buys during the first quarter included, by size of position, Deutsche Bank (DB), L3Harris (LHX), Broadcom (AVGO), and Block (XYZ). Appaloosa exited a number of positions during the quarter, including by size of previous position AMD (AMD), FedEx (FDX), EQT Corp (EQT), Antero Resources (AR), and Expand Energy (EXE). The fund increased its stake in Uber (UBER), NRG Energy (NRG), Meta (META), Corning (GLW), and UnitedHealth (UNH), and reduced its stake in Microsoft (MSFT), Oracle (ORCL), Vistra (VST), Amazon (AMZN), and Qualcomm (QCOM). Appaloosa’s top holdings as of March 31, in order of size, were Alibaba (BABA), PDD (PDD), Amazon, JD.com (JD), and Meta.

Protect Your Portfolio Against Market Uncertainty

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue