Billionaire David Tepper of Appaloosa Is Overweight AI Stocks -- but He Recently Dumped Every Share of the Hottest AI Stock of 2026
Billionaire investor David Tepper has significantly adjusted his Appaloosa portfolio, maintaining a heavy focus on AI-related stocks while notably divesting from Sandisk. The article highlights his top holdings, which include Amazon, Micron Technology, and Taiwan Semiconductor, as part of a broader strategy to capitalize on the AI infrastructure boom.
Why it matters
Tepper's 13F filings provide retail investors with insights into how major institutional capital is positioning itself within the volatile and high-growth artificial intelligence sector.
Although earnings season is the crown jewel of each quarter for investors, Form 13F filings can be equally important. A 13F shows investors which stocks Wall Street's savviest money managers, such as Appaloosa's billionaire investment chief, David Tepper, bought and sold in the latest quarter .
Tepper oversees more than $7.7 billion in assets under management and has heavily weighted his portfolio toward artificial intelligence (AI) stocks , including the usual suspects, Nvidia ( NVDA +1.49% ) , Taiwan Semiconductor Manufacturing ( TSM -0.53% ) , and Amazon ( AMZN -2.50% ) . However, you might be surprised to learn that Appaloosa's boss kicked the hottest AI stock, Sandisk ( SNDK +5.50% ) , to the curb in the second quarter.
David Tepper has packed Appaloosa's investment portfolio with AI stocks. Image source: Getty Images.
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