Billionaire David Tepper’s Top 5 Stock Picks

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In this article, we discuss billionaire David Tepper’s top 5 stock picks. For Tepper’s investment philosophy and his comments on certain stocks, please see Billionaire David Tepper’s Top 10 Stock Picks.

5. PG&E Corporation (NYSE: PCG)

Value: $527,934,000
Percent of David Tepper’s 13F Portfolio: 7.89%
Number of Hedge Fund Holders: 66

PG&E ranks 5th on the list of billionaire David Tepper’s Appaloosa Management’s top picks. However, the fund slashed its stake in the company by 48% in the fourth quarter. PG&E, which is up 63% over the last 12 months, is also on the portfolio of billionaire Dan Loeb.

Around 66 hedge funds tracked by Insider Monkey reported owning stakes in the company at the end of the fourth quarter, down from 76 funds a quarter earlier.

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