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Hedge Fund Giant David Tepper Buys C, IP, MSFT, MU, DF, UAL, GM, Sells WLP, COV, BDX, CI

gurufocus

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Hedge Fund giant David Tepper at Appaloosa Management reported his Q4 portfolio. As of 12/31/2010, Appaloosa Management LP owns 77 stocks with a total value of $4.9 billion. These are the details of the buys and sells.

While a lot of investors struggled to break even in the last decade, David Tepper’s hedge fund gained more than 1000%. Tepper invested heavily into preferred and debt of “too big to fail” banks and made great profit from the government assistant.

David Tepper is as not optimistic as he was last year. He moved heavily into technology stocks in Q4. Technology is now the second largest sector in his portfolio.

This is the portfolio chart of David Tepper. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



For the details of David Tepper's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=David+Tepper

This is the sector weightings of his portfolio:

Financials 31.6%
Technology 21.9%
Health Care 10.1%
Consumer Goods 6%
Basic Materials 4.8%
Consumer Services 4.6%
Industrials 2.3%


These are the top 5 holdings of David Tepper

  1. CITIGROUP INC. (C) - 117,501,357 shares, 11.31% of the total portfolio. Shares added by 129.27%
  2. WELLS FARGO & COMPANY (WFC.PL) - 335,482 shares, 6.83% of the total portfolio. Shares added by 14.88%
  3. BANK OF AMERICA CORP. (BAC) - 25,067,544 shares, 6.8% of the total portfolio. Shares added by 11.54%
  4. PFIZER INC. (PFE) - 16,562,202 shares, 5.9% of the total portfolio.
  5. HEWLETT PACKARD CO (HPQ) - 5,843,144 shares, 5% of the total portfolio. Shares added by 56.94%


Added: Citigroup Inc. (C)

David Tepper added to his holdings in Citigroup Inc. by 129.27%. His purchase prices were between $3.95 and $4.81, with an estimated average price of $4.35. The impact to his portfolio due to this purchase was 6.38%. His holdings were 117,501,357 shares as of 12/31/2010.

Added: International Paper Co. (IP)

David Tepper added to his holdings in International Paper Co. by 178.57%. His purchase prices were between $21.52 and $27.22, with an estimated average price of $25.07. The impact to his portfolio due to this purchase was 1.92%. His holdings were 5,399,622 shares as of 12/31/2010.

Added: Microsoft Corp. (MSFT)

David Tepper added to his holdings in Microsoft Corp. by 115.68%. His purchase prices were between $23.91 and $28.3, with an estimated average price of $26.33. The impact to his portfolio due to this purchase was 1.84%. His holdings were 6,040,911 shares as of 12/31/2010.

Added: Hewlett Packard Co (HPQ)

David Tepper added to his holdings in Hewlett Packard Co by 56.94%. His purchase prices were between $40.64 and $44.25, with an estimated average price of $42.41. The impact to his portfolio due to this purchase was 1.81%. His holdings were 5,843,144 shares as of 12/31/2010.

Added: Goodyear Tire & Rubber (GT)

David Tepper added to his holdings in Goodyear Tire & Rubber by 227.45%. His purchase prices were between $9.56 and $12.11, with an estimated average price of $10.95. The impact to his portfolio due to this purchase was 1.69%. His holdings were 10,078,064 shares as of 12/31/2010.

Added: Applied Materials Inc. (AMAT)

David Tepper added to his holdings in Applied Materials Inc. by 141.74%. His purchase prices were between $11.49 and $14.13, with an estimated average price of $12.69. The impact to his portfolio due to this purchase was 1.52%. His holdings were 9,102,726 shares as of 12/31/2010.

Added: Lam Research Corp. (LRCX)

David Tepper added to his holdings in Lam Research Corp. by 319.42%. His purchase prices were between $39.94 and $52.71, with an estimated average price of $46.72. The impact to his portfolio due to this purchase was 1.23%. His holdings were 1,524,186 shares as of 12/31/2010.

Added: Klatencor Corp. (KLAC)

David Tepper added to his holdings in Klatencor Corp. by 181.75%. His purchase prices were between $34.24 and $40.16, with an estimated average price of $37.27. The impact to his portfolio due to this purchase was 0.91%. His holdings were 1,796,067 shares as of 12/31/2010.

Added: Wells Fargo & Company (WFC.PL)

David Tepper added to his holdings in Wells Fargo & Company by 14.88%. His purchase prices were between $988 and $1014.97, with an estimated average price of $1002.23. The impact to his portfolio due to this purchase was 0.88%. His holdings were 335,482 shares as of 12/31/2010.

Added: Teradyne Inc. (TER)

David Tepper added to his holdings in Teradyne Inc. by 290.76%. His purchase prices were between $10.92 and $14.39, with an estimated average price of $12.3. The impact to his portfolio due to this purchase was 0.84%. His holdings were 3,954,603 shares as of 12/31/2010.

Added: Bank Of America Corp. (BAC)

David Tepper added to his holdings in Bank Of America Corp. by 11.54%. His purchase prices were between $10.95 and $13.56, with an estimated average price of $12.2. The impact to his portfolio due to this purchase was 0.7%. His holdings were 25,067,544 shares as of 12/31/2010.

Added: Wells Fargo & Co. (WFC)

David Tepper added to his holdings in Wells Fargo & Co. by 16.37%. His purchase prices were between $23.58 and $31.31, with an estimated average price of $27.68. The impact to his portfolio due to this purchase was 0.66%. His holdings were 7,460,100 shares as of 12/31/2010.

Added: Unitedhealth Group Inc. (UNH)

David Tepper added to his holdings in Unitedhealth Group Inc. by 54.11%. His purchase prices were between $33.95 and $38.05, with an estimated average price of $36.12. The impact to his portfolio due to this purchase was 0.46%. His holdings were 1,781,879 shares as of 12/31/2010.

Added: Macys Inc. (M)

David Tepper added to his holdings in Macys Inc. by 17.99%. His purchase prices were between $22.18 and $26, with an estimated average price of $24.65. The impact to his portfolio due to this purchase was 0.41%. His holdings were 5,224,023 shares as of 12/31/2010.

Added: Con-way Inc. (CNW)

David Tepper added to his holdings in Con-way Inc. by 625.05%. His purchase prices were between $30.18 and $36.95, with an estimated average price of $33.7. The impact to his portfolio due to this purchase was 0.38%. His holdings were 595,082 shares as of 12/31/2010.

Added: Templeinland Inc. (TIN)

David Tepper added to his holdings in Templeinland Inc. by 122.91%. His purchase prices were between $18.12 and $22.51, with an estimated average price of $20.66. The impact to his portfolio due to this purchase was 0.3%. His holdings were 1,269,426 shares as of 12/31/2010.

Added: Amr (AMR)

David Tepper added to his holdings in Amr by 55.07%. His purchase prices were between $5.96 and $8.87, with an estimated average price of $7.71. The impact to his portfolio due to this purchase was 0.26%. His holdings were 4,653,263 shares as of 12/31/2010.

Added: Suntrust Banks Inc. (STI)

David Tepper added to his holdings in Suntrust Banks Inc. by 8.88%. His purchase prices were between $23.36 and $29.66, with an estimated average price of $26. The impact to his portfolio due to this purchase was 0.21%. His holdings were 4,193,090 shares as of 12/31/2010.

Added: Medtronic Inc. (MDT)

David Tepper added to his holdings in Medtronic Inc. by 16.84%. His purchase prices were between $33.21 and $37.62, with an estimated average price of $35.03. The impact to his portfolio due to this purchase was 0.18%. His holdings were 1,649,797 shares as of 12/31/2010.

Added: Us Airways Group Inc. (LCC)

David Tepper added to his holdings in Us Airways Group Inc. by 27.91%. His purchase prices were between $9 and $12.07, with an estimated average price of $10.66. The impact to his portfolio due to this purchase was 0.13%. His holdings were 2,901,415 shares as of 12/31/2010.

Added: Smurfitstone Container Corp (SSCC)

David Tepper added to his holdings in Smurfitstone Container Corp by 69.58%. His purchase prices were between $18.25 and $26.08, with an estimated average price of $23.5. The impact to his portfolio due to this purchase was 0.08%. His holdings were 366,291 shares as of 12/31/2010.

New Purchase: Micron Technology Inc. (MU)

David Tepper initiated holdings in Micron Technology Inc.. His purchase prices were between $6.93 and $8.655, with an estimated average price of $7.76. The impact to his portfolio due to this purchase was 2.9%. His holdings were 17,764,518 shares as of 12/31/2010.

New Purchase: Dean Foods Co. (DF)

David Tepper initiated holdings in Dean Foods Co.. His purchase prices were between $7.26 and $10.8, with an estimated average price of $8.91. The impact to his portfolio due to this purchase was 1.94%. His holdings were 10,766,433 shares as of 12/31/2010.

New Purchase: United Continental Holdings Inc. (UAL)

David Tepper initiated holdings in United Continental Holdings Inc.. His purchase prices were between $23.27 and $29.53, with an estimated average price of $26.67. The impact to his portfolio due to this purchase was 1.87%. His holdings were 3,851,550 shares as of 12/31/2010.

New Purchase: General Motors Company (GM)

David Tepper initiated holdings in General Motors Company. His purchase prices were between $33.25 and $36.82, with an estimated average price of $34.32. The impact to his portfolio due to this purchase was 1.04%. His holdings were 1,381,012 shares as of 12/31/2010.

New Purchase: The Hartford Financial Services Group In (HIG.WS)

David Tepper initiated holdings in The Hartford Financial Services Group In. His purchase prices were between $14.33 and $18.66, with an estimated average price of $16.19. The impact to his portfolio due to this purchase was 0.51%. His holdings were 1,383,400 shares as of 12/31/2010.

New Purchase: Jp Morgan Chase (JPM)

David Tepper initiated holdings in Jp Morgan Chase. His purchase prices were between $36.96 and $42.67, with an estimated average price of $39.41. The impact to his portfolio due to this purchase was 0.47%. His holdings were 540,704 shares as of 12/31/2010.

New Purchase: General Motors Company (GM.PB)

David Tepper initiated holdings in General Motors Company. His purchase prices were between $49.96 and $54.14, with an estimated average price of $51.07. The impact to his portfolio due to this purchase was 0.33%. His holdings were 300,000 shares as of 12/31/2010.

New Purchase: Manitowoc Company Inc. (MTW)

David Tepper initiated holdings in Manitowoc Company Inc.. His purchase prices were between $10.67 and $13.36, with an estimated average price of $11.87. The impact to his portfolio due to this purchase was 0.32%. His holdings were 1,201,958 shares as of 12/31/2010.

New Purchase: Mueller Water Products Inc. (MWA)

David Tepper initiated holdings in Mueller Water Products Inc.. His purchase prices were between $2.84 and $4.42, with an estimated average price of $3.48. The impact to his portfolio due to this purchase was 0.21%. His holdings were 2,455,169 shares as of 12/31/2010.

New Purchase: Flagstar Bancorp Inc. (FBC)

David Tepper initiated holdings in Flagstar Bancorp Inc.. His purchase prices were between $1.16 and $2.64, with an estimated average price of $1.68. The impact to his portfolio due to this purchase was 0.1%. His holdings were 3,050,000 shares as of 12/31/2010.

New Purchase: Kroger Company (KR)

David Tepper initiated holdings in Kroger Company. His purchase prices were between $20.63 and $23.86, with an estimated average price of $22.03. The impact to his portfolio due to this purchase was 0.06%. His holdings were 135,350 shares as of 12/31/2010.

New Purchase: Supervalu Inc. (SVU)

David Tepper initiated holdings in Supervalu Inc.. His purchase prices were between $8.33 and $12.4, with an estimated average price of $9.98. The impact to his portfolio due to this purchase was 0.06%. His holdings were 307,363 shares as of 12/31/2010.

New Purchase: Safeway Inc. (SWY)

David Tepper initiated holdings in Safeway Inc.. His purchase prices were between $20.69 and $23.92, with an estimated average price of $22.2. The impact to his portfolio due to this purchase was 0.06%. His holdings were 132,600 shares as of 12/31/2010.

New Purchase: Capital One Financial Corp Warrants Expiring 11/1 (COF.WS)

David Tepper initiated holdings in Capital One Financial Corp Warrants Expiring 11/1. His purchase prices were between $12.16 and $16.36, with an estimated average price of $14.06. The impact to his portfolio due to this purchase was 0.04%. His holdings were 126,759 shares as of 12/31/2010.

New Purchase: Morgans Hotel Group Co. (MHGC)

David Tepper initiated holdings in Morgans Hotel Group Co.. His purchase prices were between $6.92 and $9.81, with an estimated average price of $8.03. The impact to his portfolio due to this purchase was 0.02%. His holdings were 90,847 shares as of 12/31/2010.

Reduced: Willis Group Holdings Ltd. (WSH)

David Tepper reduced to his holdings in Willis Group Holdings Ltd. by 64.28%. His sale prices were between $30.83 and $34.66, with an estimated average price of $32.62. The impact to his portfolio due to this sale was -0.5%. David Tepper still held 390,770 shares as of 12/31/2010.

Reduced: Capital One Financial (COF)

David Tepper reduced to his holdings in Capital One Financial by 28.19%. His sale prices were between $36.55 and $42.78, with an estimated average price of $39.44. The impact to his portfolio due to this sale was -0.35%. David Tepper still held 1,026,009 shares as of 12/31/2010.

Reduced: Newcastle Investment Corp. (NCT)

David Tepper reduced to his holdings in Newcastle Investment Corp. by 37.81%. His sale prices were between $3.1 and $6.92, with an estimated average price of $5.02. The impact to his portfolio due to this sale was -0.2%. David Tepper still held 2,425,156 shares as of 12/31/2010.

Reduced: Strategic Hotels & Resorts Inc. (BEE)

David Tepper reduced to his holdings in Strategic Hotels & Resorts Inc. by 94.96%. His sale prices were between $4.25 and $5.24, with an estimated average price of $4.76. The impact to his portfolio due to this sale was -0.19%. David Tepper still held 56,738 shares as of 12/31/2010.

Reduced: Gramercy Capital Corp. (GKK)

David Tepper reduced to his holdings in Gramercy Capital Corp. by 77.12%. His sale prices were between $1.81 and $2.84, with an estimated average price of $2.24. The impact to his portfolio due to this sale was -0.07%. David Tepper still held 395,791 shares as of 12/31/2010.

Reduced: Royal Bank Of Scotland Pfd 8.0556% Ser H Non Adr (RBS.PH)

David Tepper reduced to his holdings in Royal Bank Of Scotland Pfd 8.0556% Ser H Non Adr by 33.85%. His sale prices were between $20.35 and $23.71, with an estimated average price of $22.45. The impact to his portfolio due to this sale was -0.02%. David Tepper still held 58,708 shares as of 12/31/2010.

Reduced: Royal Bank Of Scotland Pfd 8.50% Ser F Non Adr (RBS.PF)

David Tepper reduced to his holdings in Royal Bank Of Scotland Pfd 8.50% Ser F Non Adr by 39.87%. His sale prices were between $21.19 and $23.97, with an estimated average price of $22.94. The impact to his portfolio due to this sale was -0.01%. David Tepper still held 32,223 shares as of 12/31/2010.

Sold Out: American International Group Inc. Corporate Units (AIG.PA)

David Tepper sold out his holdings in American International Group Inc. Corporate Units. His sale prices were between $7.02 and $8.87, with an estimated average price of $7.71.

Sold Out: Wellpoint Inc. (WLP)

David Tepper sold out his holdings in Wellpoint Inc.. His sale prices were between $54.34 and $59.97, with an estimated average price of $56.69.

Sold Out: Covidien Plc. (COV)

David Tepper sold out his holdings in Covidien Plc.. His sale prices were between $39.5 and $46.48, with an estimated average price of $42.47.

Sold Out: Becton Dickinson And Co. (BDX)

David Tepper sold out his holdings in Becton Dickinson And Co.. His sale prices were between $73.67 and $85.32, with an estimated average price of $78.79.

Sold Out: Cigna Corp. (CI)

David Tepper sold out his holdings in Cigna Corp.. His sale prices were between $34.58 and $38.26, with an estimated average price of $36.49.

Sold Out: Cno Financial Group Inc. (CNO)

David Tepper sold out his holdings in Cno Financial Group Inc.. His sale prices were between $5.26 and $7.03, with an estimated average price of $5.98.

Sold Out: Dana Holdings Corp. (DAN)

David Tepper sold out his holdings in Dana Holdings Corp.. His sale prices were between $12.16 and $17.65, with an estimated average price of $15.

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gurufocus
GuruFocus - Stock Picks and Market Insight of Gurus

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