David Tepper acquired 7M JD.com shares worth $217M. That's 3.15% of their equity portfolio (13th largest holding). The first JD.com trade was made in Q2 2023. Since then David Tepper bought shares four more times and sold shares on four occasions. The stake costed the investor $209M, netting the investor a gain of 3.4% so far.
David Tepper's Appaloosa Management trimmed its Magnificent Seven stocks and bought China's leading tech names. China's version of the "Mag Seven" trade at s...