David Tepper’s Appaloosa LP revealed new positions in each Advanced Micro Devices Inc. and Apple Inc. in a Securities and Exchange Commission submitting late Monday, whereas dumping a place in Tesla Inc. it acquired 1 / 4 in the past.
In the quarterly submitting, Appaloosa reported a brand new 2.3 million-share place in Advanced Micro Devices Inc.
AMD,
and a 480,000-share place in Apple Inc.
AAPL,
Tepper additionally elevated his stake in Nvidia Corp.
NVDA,
by 580% to only over 1 million shares and greater than doubled his stake in Meta Platforms Inc.
META,
to 1.5 million shares.
Meanwhile, Appaloosa elevated its stake in Amazon.com Inc.
AMZN,
by 58% to three.2 million shares and hiked its stake in Microsoft Corp.
MSFT,
by greater than 375% to 1.2 million shares, whereas dumping stakes in Salesforce Inc.
CRM,
and Tesla Inc.
TSLA,
Back in May, Tepper had reported a brand new place in Tesla and Nvidia. Appaloosa additionally shed its positions in Walt Disney Co.
DIS,
and Match Group Inc.
MTCH,
On Friday, George Soros additionally reported new positions in AMD, Nvidia and Microsoft, which is closely invested in OpenAI’s ChatGPT generative synthetic intelligence, whereas additionally dumping Salesforce.
Read: George Soros masses up on AI chip makers Nvidia and AMD whereas promoting Salesforce and Snowflake shares
Appaloosa additionally established new positions in chip-related shares similar to Intel Corp.
INTC,
Lam Research Corp.
LRCX,
Broadcom Inc.
AVGO,
Marvell Technology Inc.
MRVL,
Micron Technology Inc.
MU,
Qualcomm Inc.
QCOM,
and Taiwan Semiconductor Manufacturing Co.
TSM,
Source web site: www.marketwatch.com
