The Micron Conundrum: Tepper's Bet on Memory Remains Strong David Tepper's Appaloosa Management has been making headlines with its massive position in Amazon, but another holding has flown under the radar – Micron Technology.
A recent 13F filing reveals that Tepper's fund sold a significant portion of its Micron shares during the second quarter, cutting its stake by 41%. The remaining investment is still worth $1.
13 billion, making it the second largest holding in the portfolio. At first glance, this might seem like a classic case of scaling back a winning position.