Appaloosa takes new position in Oracle, boosts Amazon, Microsoft stakes

David Tepper’s Appaloosa Management disclosed in an SEC filing its holdings as of December 31, 2023. Appaloosa’s new buys during the fourth quarter included, by size of position, Oracle (ORCL), UPS (UPS), HCA Healthcare (HCA), FMC Corp (FMC), and Whirlpool (WHR). Appaloosa exited positions during the quarter, including by size of previous position, JD.com (JD), Arista Networks (ANET), and Enterprise Products (EPD). Appaloosa increased its stake in holdings, including by size of previous position, Amazon (AMZN), Microsoft (MSFT), Caesars Entertainment (CZR), Alibaba (BABA), and MPLX (MPLX). Appaloosa reduced its stake in holdings, including by size of previous position, Nvidia (NVDA), Alphabet (GOOG), TSMC (TSM), PDD Holdings (PDD), and Baidu (BIDU). Appaloosa’s top holdings as of December 31, in order of size, were Meta Platforms (META), Microsoft, Amazon, Nvidia, and Uber (UBER).