{"id":50654,"date":"2015-11-16T10:51:57","date_gmt":"2015-11-16T15:51:57","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=50654"},"modified":"2015-11-16T10:51:57","modified_gmt":"2015-11-16T15:51:57","slug":"appaloosa-cut-u-s-stocks-by-30-as-tepper-sells-alibaba","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2015\/appaloosa-cut-u-s-stocks-by-30-as-tepper-sells-alibaba.html","title":{"rendered":"Appaloosa Cut U.S. Stocks by 30% as Tepper Sells Alibaba"},"content":{"rendered":"

\n(Bloomberg) David Tepper, the billionaire founder of $20 billion Appaloosa Management, cut his hedge fund\u2019s investments in U.S. stocks by almost a third in the last quarter, reducing stakes in some of its biggest investments.The value of Appaloosa Management\u2019s publicly disclosed U.S. equity positions dropped by $1.21 billion in the last quarter to $2.8 billion, according to a regulatory filing Friday. The hedge fund exited its holdings in Alibaba Group Holding Ltd., and trimmed stakes in General Motors Co. and HCA Holdings Inc., its top two largest holdings.<\/p>\n

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(Bloomberg) David Tepper, the billionaire founder of $20 billion Appaloosa Management, cut his hedge fund\u2019s investments in U.S. stocks by almost a third in the last quarter, reducing stakes in some of its biggest investments.The value of Appaloosa Management\u2019s publicly […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-50654","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50654","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=50654"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50654\/revisions"}],"predecessor-version":[{"id":50655,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/50654\/revisions\/50655"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=50654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=50654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=50654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}