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        Unlock the trends of smart money: The Power of 13F Filings
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        Tepper's Appaloosa Exited Apple But Bet More On Alphabet, Amazon, Microsoft, Meta

        Tepper's Appaloosa Exited Apple But Bet More On Alphabet, Amazon, Microsoft, Meta
        Appaloosa Sours On Apple, Loads Up On Other Tech Stocks
        Tepper's firm closed out its position in $Apple(AAPL.US)$ in the third quarter, selling about 480,000 shares. But tech's still a favorite in its portfolio as it added roughly 587,000 shares of $Amazon(AMZN.US)$ , 450,000 shares of $Meta Platforms(META.US)$ , 440,000 shares of Alphabet Class C shares ($Alphabet-C(GOOG.US)$ ) and 400,000 shares of $Microsoft(MSFT.US)$ during that three month period.
        Rejigging Exposure To China
        Tepper's firm made big cuts to its holdings in several tech-focused Chinese companies. Most notably, the hedge fund sold off about 875,000 shares of $Alibaba(BABA.US)$ worth about $60 million and more than 600,000 shares of $Baidu(BIDU.US)$ worth roughly $85 million. Tepper also got out of two positions in China-focused ETFs provided by iShares and Kraneshares.
        The only significant new position reported in Appaloosa's 13-F for the most recent quarter was a stake of 2.4 million shares of KE Holdings ($KE Holdings(BEKE.US)$ ) worth just over $37 million. KE is a Chinese holding company providing housing transactions and similar services.
        Other Notable Position Changes
        Outside of tech, the firm almost doubled its position in Chinese agricultural retail business $PDD Holdings(PDD.US)$ with about 650,000 additional shares and added close to 300,000 shares of $Caesars Entertainment(CZR.US)$ .
        Appaloosa exited several positions, in some cases selling off tens of millions of dollars worth of stock. It sold off 1.75 million shares of semiconductor maker $Marvell Technology(MRVL.US)$ worth more than $100 million. It also closed out positions in $Synopsys(SNPS.US)$ , $Broadcom(AVGO.US)$ and $Cadence Design Systems(CDNS.US)$ .
        Appaloosa sold 775,000 shares of Taiwan Semiconductor Manufacturing ($Taiwan Semiconductor(TSM.US)$ ), trimming the value of its stake by roughly $90 million. It also slightly pared back its holdings of $Intel(INTC.US)$ , $$ , $Qualcomm(QCOM.US)$ and $Advanced Micro Devices(AMD.US)$ .
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