APTV - Tepper's Appaloosa adds stakes in Fedex Tesla; boosts Uber Amazon holdings

2023-05-15 17:14:57 ET

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

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