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Appaloosa ups investments in Micron, Facebook, Apple, adds new bets in Caesars, MGM in 4th quarter [MarketWatch]

APPLE (AAPL)  More Company Research Source: MarketWatch
Last apple earnings: 2/1 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
PDF Appaloosa ups investments in Micron, Facebook, Apple, adds new bets in Caesars, MGM in 4th quarter Billionaire hedge-fund investor David Tepper's Appaloosa Management was a buyer of technology, energy and bank shares in the fourth quarter, according to a Wednesday regulatory filing. Between the end of the third and fourth quarter, Appaloosa boosted its stake in Bank of America Corp. BAC, +2.63% upping his position by 170% to 10.8 million shares. He also increased his stake in Apple Inc. AAPL, +1.84% raising that investment to 3.2 million shares and raising his stake in Micron Technology Inc. MU, +1.92% to 10.45 million shares, representing his largest holding according to WhaleWisdom.com. The hedge-fund luminary also lifted his position in Facebook Inc. FB, +3.68% by about 70% to 2.2 million shares, while adding to his holdings in the tech-heavy PowerShares QQQ Trust Series 1 QQQ, +1.87% to 4.3 million shares. Meanwhile, Tepper took a long position in the exchange-trade [Read more]

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