David Tepper's Hedge Funds Invest in AMD and Nvidia in Q3, Cash Out on Intel
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 13 2025
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Source: Benzinga
New Stock Positions: Appaloosa Management, led by David Tepper, disclosed new investments in several companies, including Advanced Micro Devices, Fiserv, and American Airlines, as of September 30, with AMD becoming a top holding.
Exited Positions: The hedge fund exited its positions in Intel, Oracle, and KE Holdings during the third quarter, with Intel being a short-term trade.
Changes to Existing Positions: Significant increases in holdings were noted for Whirlpool, Goodyear, and Qualcomm, while notable decreases were seen in UnitedHealth, Block, and Micron Technology.
Top Holdings Overview: Despite selling off some stocks, Alibaba remains the largest position in the fund at 16%, followed by Amazon and Whirlpool among the top holdings.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
