Below is a spreadsheet that highlights the changes to David Tepper's Appaloosa Management's US long stock portfolio as of Q4
2013. For a look at how his portfolio has progressed, see our previous update:
David Tepper increased his large stakes in the Nasdaq-100 index tracking ETF (QQQ) and SPDR S&P 500 Index ETF (SPY) this quarter. The former was increased by just over 50% to 9.59% of the US long portfolio while the latter was increased by 165% to 26.49% of the US long portfolio. Other significant activity include a one-third stake reduction in Goodyear Tire (GT) and 2.22% stake instantiation in American Airlines (AAL).
To know more about Tepper's distress investing style, check out Distress Investing: Principles and Technique. To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.
David Tepper increased his large stakes in the Nasdaq-100 index tracking ETF (QQQ) and SPDR S&P 500 Index ETF (SPY) this quarter. The former was increased by just over 50% to 9.59% of the US long portfolio while the latter was increased by 165% to 26.49% of the US long portfolio. Other significant activity include a one-third stake reduction in Goodyear Tire (GT) and 2.22% stake instantiation in American Airlines (AAL).
To know more about Tepper's distress investing style, check out Distress Investing: Principles and Technique. To learn more about how to profit from a strategy of cloning hedge fund picks, check out our book Profiting from Hedge Funds: Winning Strategies for the Little Guy.
No comments :
Post a Comment