David Tepper hedge fund

David Tepper hedge fund

April 22, 2017
David Tepper

David TepperReuters/ Brendan McDermidDavid Tepper.Hedge investment billionaire David Tepper,

Tepper packed through to shares within the energy industry into the fourth quarter, including:

  • Antero sources (557, 465 shares)
  • Cabot Oil & Gas (1.38 million)
  • Energy Transfer Partners (5.14 million)
  • Kinder Morgan (9.44 million)
  • Range Resources (1.6 million)
  • Southwestern Energy (4.38 million)
  • Tortoise Energy Infrastructure (47, 105)

Tepper also has a long place in TerraForm energy, a sister organization of solar-power manufacturer SunEdison, also called a "yieldco." Yieldcos create cash from several possessions and repay it to investors as dividends. He owns 7.6 million shares of TerraForm and it is suing SunEdison.

At the same time, he pared back his stakes in Apple (offered 45, 000 shares) and GM (sold 300, 000).

In every, Tepper started 26 new roles when you look at the 4th one-fourth and added to 13 already-existing jobs. He pared in seven stocks and dropped another seven entirely, including JetBlue.

Tepper's biggest place is 3 million stocks — telephone call choices — for the SPDR S&P 500 ETF.

Hedge resources must reveal just their particular long-equity holdings every quarter in these filings. In addition, the filings are not published until 45 days after the end of one-fourth, so it is possible that funds could have exchanged inside and out of jobs.

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