Tepper's Appaloosa adds stakes in Fedex, Tesla; boosts Uber, Amazon holdings
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David Tepper's hedge fund AppaloosaÂ started new positions in Fedex (NYSE:FDX) with 350K shares,Â Nvidia (NVDA) with 150K shares, andÂ Tesla (NASDAQ:TSLA) with 150K shares, according to its Q1 13F filing.
The hedge fundÂ boosted its stakes inÂ Uber Technologies (NYSE:UBER) to 6M shares from 1.2M shares, Macy's (M) toÂ 6M from 5.95M, Amazon (NASDAQ:AMZN) to 2M from 1.5M,Â Alphabet (GOOG) to 2.11M from ~2M, and Amazon (AMZN) to 2M from 1.5M.
Holdings were reduced inÂ Constellation Energy (CEG) to 2.09M shares from ~2.4M shares and Salesforce (CRM) to 290K fromÂ 300K.
AppaloosaÂ exitedÂ Aptiv (APTV) during the quarter, the filing showed.
Now read -Â Tracking Appaloosa's Portfolio - Q4 2022 Update