Tepper's Appaloosa Adds Intelsat, Exits Boeing In Q4

David Tepper's Appaloosa Management disclosed in an SEC filing its holdings as of December 31, 2019.

The fund's one new buy during the fourth quarter was Intelsat (I). Appaloosa exited four positions during the quarter, including by size of position SPDR S&P Oil & Gas Exploration & Production ETF (XOP), Boeing (BA), and Mr Cooper Group (COOP).

The fund increased its stake in six holdings, including by size of previous position Alibaba (BABA), Micron (MU), Amazon (AMZN), Energy Transfer LP (ET), and UnitedHealth (UNH). Appaloosa reduced its stake in six holdings, including by size of previous position Clearway Energy Class C (CWEN), Clearway Energy Class A, Caesars Entertainment (CZR), PG&E (PCG), and Broadcom (AVGO).

The fund's top holdings as of December 31, in order of size, were Alphabet Class C (GOOG), Facebook (FB), Amazon, Alibaba, and Micron.

 

Disclosure: None.

 

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