David Tepper acquired 350k Qualcomm shares worth $59.2M. That's 0.75% of their equity portfolio (26th largest holding). The first Qualcomm trade was made in Q4 2005. Since then David Tepper bought shares thirteen more times and sold shares on nineteen occasions. The stake costed the investor $40.2M, netting the investor a gain of 47% so far.
Billionaire hedge fund manager David Tepper bolstered Appaloosa’s portfolio of tech stocks in the second quarter of the year, as per the fund’s recently rele...