David Tepper
Appaloosa
David Alan Tepper is a prominent American billionaire hedge fund manager, recognized as the founder and president of Appaloosa Management, a global hedge fund headquartered in Miami Beach, Florida. Tepper is also known for his ownership of the Carolina Panthers in the NFL and Charlotte FC in MLS, showcasing his diverse interests beyond finance. His investment philosophy often emphasizes distressed assets and opportunistic buying, which has led to significant success in the hedge fund industry. Appaloosa Management employs a strategy focused on deep value investments, often targeting undervalued stocks and sectors with potential for recovery. The firm has a notable track record of navigating complex market conditions, which is reflected in its diverse portfolio that includes significant positions in technology, consumer cyclical, and financial services sectors. The disclosed trading record for David Tepper reveals a dynamic approach with 200 disclosures between May 15, 2025, and May 15, 2026. This includes 64 position increases, 81 reductions, and 30 exits, with a notable reduction in UnitedHealth Group (UNH) valued at approximately $694.1 million. Tepper's focus on major companies such as Amazon.com, Alibaba, and Microsoft highlights his strategic positioning in the technology sector, which comprises the majority of his recent disclosures.
