David Tepper recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
David Alan Tepper is the founder of Appaloosa Management, which is a hedge fund investment firm based in Miami Beach, Florida. Tepper initially became interested in the stock market as a young boy watching his father trade stocks in his hometown of Pittsburgh. Today, as President and Founder of Appaloosa Management, Tepper has earned an international reputation for producing some of the highest returns amongst fund managers on Wall Street. He earned a Master of Science in Industrial Administration from Carnegie Mellon in 1982.
As of the latest 13F report, the guru’s equity portfolio contained 24 stocks valued at a total of $1.35Bil. The top holdings were CEG(15.34%), GOOG(13.13%), and AMZN(9.35%).
According to GuruFocus data, these were David Tepper (Trades, Portfolio)’s top five trades of the quarter.
Meta Platforms Inc
David Tepper (Trades, Portfolio) reduced their investment in NAS:META by 300,000 shares. The trade had a 2.99% impact on the equity portfolio. During the quarter, the stock traded for an average price of $117.43.
On 02/14/2023, Meta Platforms Inc traded for a price of $179.48 per share and a market cap of $465.33Bil. The stock has returned -17.53% over the past year.
GuruFocus gives the company a financial strength rating of 7 out of 10 and a profitability rating of 9 out of 10.
In terms of valuation, Meta Platforms Inc has a price-earnings ratio of 20.92, a price-book ratio of 3.73, a price-earnings-to-growth (PEG) ratio of 1.36, a EV-to-Ebitda ratio of 11.99 and a price-sales ratio of 4.21.
The price-to-GF Value ratio is 0.48, earning the stock a GF Value rank of 4.
The Walt Disney Co
The guru established a new position worth 300,000 shares in NYSE:DIS, giving the stock a 1.93% weight in the equity portfolio. Shares traded for an average price of $95.65000000000001 during the quarter.
On 02/14/2023, The Walt Disney Co traded for a price of $107.66 per share and a market cap of $196.67Bil. The stock has returned -28.60% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, The Walt Disney Co has a price-earnings ratio of 59.15, a price-book ratio of 1.99, a EV-to-Ebitda ratio of 19.36 and a price-sales ratio of 2.36.
The price-to-GF Value ratio is 0.69, earning the stock a GF Value rank of 10.
HCA Healthcare Inc
During the quarter, David Tepper (Trades, Portfolio) bought 107,500 shares of NYSE:HCA for a total holding of 182,500. The trade had a 1.91% impact on the equity portfolio. During the quarter, the stock traded for an average price of $223.97.
On 02/14/2023, HCA Healthcare Inc traded for a price of $258.9 per share and a market cap of $73.20Bil. The stock has returned 11.01% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 10 out of 10.
In terms of valuation, HCA Healthcare Inc has a price-earnings ratio of 13.46, a price-earnings-to-growth (PEG) ratio of 0.86, a EV-to-Ebitda ratio of 8.46 and a price-sales ratio of 1.26.
The price-to-GF Value ratio is 1.07, earning the stock a GF Value rank of 5.
Constellation Energy Corp
David Tepper (Trades, Portfolio) reduced their investment in NAS:CEG by 231,271 shares. The trade had a 1.41% impact on the equity portfolio. During the quarter, the stock traded for an average price of $89.95999999999999.
On 02/14/2023, Constellation Energy Corp traded for a price of $86.06 per share and a market cap of $28.14Bil. The stock has returned 79.58% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 3 out of 10.
In terms of valuation, Constellation Energy Corp has a price-book ratio of 2.60, a EV-to-Ebitda ratio of 14.77 and a price-sales ratio of 1.25.
Caesars Entertainment Inc
The guru established a new position worth 425,000 shares in NAS:CZR, giving the stock a 1.31% weight in the equity portfolio. Shares traded for an average price of $44.53 during the quarter.
On 02/14/2023, Caesars Entertainment Inc traded for a price of $53.29 per share and a market cap of $11.43Bil. The stock has returned -34.38% over the past year.
GuruFocus gives the company a financial strength rating of 3 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Caesars Entertainment Inc has a price-book ratio of 2.99, a EV-to-Ebitda ratio of 9.45 and a price-sales ratio of 1.07.
The price-to-GF Value ratio is 0.54, earning the stock a GF Value rank of 4.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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