Billionaire David Tepper is Loading Up on These 5 Stocks

4. Antero Resources Corporation (NYSE:AR)  

Appaloosa Management’s Stake Value: $53.51 million

Appaloosa Management’s 13F Portfolio: 1.27% 

Number of Hedge Fund Holders: 41

David Tepper’s 13F filings for the third quarter disclosed ownership of 2,845,263 shares worth $53.51 million in Antero Resources Corporation (NYSE:AR), up 60% from the last quarter where he owned 1.78 million shares in the company. Overall, 41 hedge funds monitored by Insider Monkey were bullish on Antero Resources Corporation (NYSE:AR) in Q3 2021, up from 33 in the preceding quarter.

Antero Resources Corporation (NYSE:AR) is an independent energy company that deals in the exploration and production of oil and natural gas. On October 26, Raymond James analyst John Freeman maintained a ‘Strong Buy’ rating on the company shares, setting a $32 price target, up from $19.