David Tepper took home paychecks in the billions in both 2009 and 2010. David Tepper’s Appaloosa manages $16 Billion and returned around 30% last year. David Tepper currently ranks as the 258th richest person in the world. Carnegie Mellon named their business school after him.
Tepper initiated a large position in just one stock in the second quarter. Appaloosa now has about $162 Million in The Mosaic Company (MOS). MOS seems to be on the hot list right now. Dan Loeb, Richard Perry and John Paulson all initiated positions in The Mosaic Company in Q2.
Here’s the rundown of billionaire Tepper’s stocks last quarter.