David Tepper Latest News and Portfolio Changes: Top 5 Stocks

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In this piece, we will take a look at the latest news about David Tepper and the changes in his investment portfolio. If you want to learn more about the billionaire hedge fund boss then check out David Tepper Latest News and Portfolio Changes.

5. Baidu, Inc. (NASDAQ:BIDU)

Appaloosa Management’s Latest Investment: $174 million

Baidu, Inc. (NASDAQ:BIDU) is a Chinese internet company that offers a social media application and other consumer oriented software products. Its shares are rated Strong Buy on average, and Mr. Tepper’s hedge fund bought 1.2 million shares in Q2 2023 for a $174 million investment.

Along with Appaloosa, 36 hedge funds part of Insider Monkey’s database were Baidu, Inc. (NASDAQ:BIDU)’s investors as of Q2 2023. Out of these, the largest shareholder is John W. Rogers’ Ariel Investments as it owns 2.7 million shares that are worth $377 million.

Follow Baidu Inc (NASDAQ:BIDU)


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