7 days ago
Billionaire David Tepper made the bulk of his fortune investing on Wall Street, so it's understandable that people would peek into his hedge fund's holdings to get a look at where he's placing his bets. As of the first quarter (Q1), Tepper's hedge fund, Appaloosa Management, had $5.93 billion in ******* ets under management, with a surprising amount of that coming from a little-known energy company.
Vistra (NYSE: VST) was 5.12% of Appaloosa's portfolio, its seventh-largest holding. The six above it are Amazon, Micron, Alphabet, Uber, Taiwan Semiconductor Manufacturing, and Alibaba, all of which fall into the tech bucket.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
So, why are Tepper and Appaloosa so high on Vistra? Let's take a look.
Vistra is an energy company that makes money in two main ways. The first is through retail, supplying power to around 5 million residential, commercial, and industrial customers.
#vistra #tepper
Vistra (NYSE: VST) was 5.12% of Appaloosa's portfolio, its seventh-largest holding. The six above it are Amazon, Micron, Alphabet, Uber, Taiwan Semiconductor Manufacturing, and Alibaba, all of which fall into the tech bucket.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
So, why are Tepper and Appaloosa so high on Vistra? Let's take a look.
Vistra is an energy company that makes money in two main ways. The first is through retail, supplying power to around 5 million residential, commercial, and industrial customers.
#vistra #tepper
7 days ago
Charlotte could one day host a Super Bowl, but NFL Commissioner Roger Goodell said the city will need more hotel rooms before it can make that happen. Goodell made the comments to Carolina Panthers owner David Tepper on Thursday night.
The Charlotte Regional Visitors Authority said the Charlotte region currently has more than 46,000 hotel rooms across 442 properties, including more than 32,000 rooms at 263 hotels in Mecklenburg County. The city's urban core includes nearly 3,900 luxury and upscale hotel rooms.
ALSO READ: Renderings show what Bank of America Stadium will look like in the future
CRVA Chief Communications and Advocacy Officer Gina Sheridan said attracting a major event like the Super Bowl requires more than just increasing the number of hotel rooms.
"When you look at destinations that regularly host events of this scale, success isn't measured by room count alone," Sheridan said. "It's about having the right mix of hotels in the right locations to meet the needs of visitors, event organizers, sponsors and media while creating a seamless experience."
#sheridan
The Charlotte Regional Visitors Authority said the Charlotte region currently has more than 46,000 hotel rooms across 442 properties, including more than 32,000 rooms at 263 hotels in Mecklenburg County. The city's urban core includes nearly 3,900 luxury and upscale hotel rooms.
ALSO READ: Renderings show what Bank of America Stadium will look like in the future
CRVA Chief Communications and Advocacy Officer Gina Sheridan said attracting a major event like the Super Bowl requires more than just increasing the number of hotel rooms.
"When you look at destinations that regularly host events of this scale, success isn't measured by room count alone," Sheridan said. "It's about having the right mix of hotels in the right locations to meet the needs of visitors, event organizers, sponsors and media while creating a seamless experience."
#sheridan
7 days ago
Could Charlotte some day serve as the center of the football universe?
On Thursday morning, right before the start of training camp, Tepper Sports & Entertainment rolled out a few exciting milestones for Bank of America Stadium. Not only did the organization solidify a fresh naming rights deal for the venue, but they also released new renderings of their upcoming renovations.
The announcement was celebrated in a "fireside chat" later that evening—and starred team owner David Tepper, Bank of America CEO Brian Moynihan and NFL commissioner Roger Goodell. And given the development of both the stadium and the city, Goodell hinted at Charlotte playing host to a future Super Bowl.
“I think that’s probably somewhere down the line in the future,” Goodell stated, via Forrest Tucker of WBTV. “As far as the Super Bowl is concerned, there is no question that if this city keeps growing the way that it is it’s certainty Super Bowl quality.”
Goodell also wouldn't rule out bringing the NFL draft to town.
#city
On Thursday morning, right before the start of training camp, Tepper Sports & Entertainment rolled out a few exciting milestones for Bank of America Stadium. Not only did the organization solidify a fresh naming rights deal for the venue, but they also released new renderings of their upcoming renovations.
The announcement was celebrated in a "fireside chat" later that evening—and starred team owner David Tepper, Bank of America CEO Brian Moynihan and NFL commissioner Roger Goodell. And given the development of both the stadium and the city, Goodell hinted at Charlotte playing host to a future Super Bowl.
“I think that’s probably somewhere down the line in the future,” Goodell stated, via Forrest Tucker of WBTV. “As far as the Super Bowl is concerned, there is no question that if this city keeps growing the way that it is it’s certainty Super Bowl quality.”
Goodell also wouldn't rule out bringing the NFL draft to town.
#city
8 days ago
NFL Commissioner Roger Goodell spent Thursday evening in the Queen City as he joined Tepper Sports & Entertainment Owner and Chairman David Tepper for a fireside chat.
ALSO READ: Panthers GM Dan Morgan talks draft strategy, encouraging competition
They talked about the newly announced stadium renovations and what the future holds in Charlotte, including the possibility of the NFL Draft and Super Bowl coming to town.
"Happy to be here in Carolina. Home of the defending NFC South—Carolina Panthers," Goodell said.
The chat capped off a huge day for Tepper Sports and Entertainment. It included announcing the long-term extension of naming rights to Bank of America Stadium. Guests ranged from Panthers quarterback Bryce Young to future hall-of-famer Luke Kuechly and more.
#sports #entertainment #stadium
ALSO READ: Panthers GM Dan Morgan talks draft strategy, encouraging competition
They talked about the newly announced stadium renovations and what the future holds in Charlotte, including the possibility of the NFL Draft and Super Bowl coming to town.
"Happy to be here in Carolina. Home of the defending NFC South—Carolina Panthers," Goodell said.
The chat capped off a huge day for Tepper Sports and Entertainment. It included announcing the long-term extension of naming rights to Bank of America Stadium. Guests ranged from Panthers quarterback Bryce Young to future hall-of-famer Luke Kuechly and more.
#sports #entertainment #stadium
8 days ago
Bank of America and the Carolina Panthers have extended their naming rights partnership for Bank of America Stadium. This continues one of the NFL's longest-standing agreements.
Tepper Sports & Entertainment announced on Thursday that it will increase private investment to more than $1.3 billion through 2045. The project aims to create a year-round destination, with construction phased to allow continued hosting of Panthers and Charlotte FC matches.
The financial commitment includes $650 million from Tepper Sports & Entertainment, an increase from its original $150 million pledge. The City of Charlotte is also contributing $650 million toward the overall project, which the Charlotte City Council approved in June 2024.
David Tepper, owner and chairman of Tepper Sports & Entertainment, emphasized the strength of the partnership with the long-term extension with Bank of America.
"The long-term extension with Bank of America reflects the strength of our partnership and our shared commitment to the Carolinas," Tepper said in a news release. "For over three decades, Bank of America Stadium has helped create lasting memories for our fans and we're excited for them to see what's ahead. Our goal is to create experiences that enhance the passion and energy of the region while transforming this corridor into a weekend destination for world-class sports, entertainment and community events."
#America
Tepper Sports & Entertainment announced on Thursday that it will increase private investment to more than $1.3 billion through 2045. The project aims to create a year-round destination, with construction phased to allow continued hosting of Panthers and Charlotte FC matches.
The financial commitment includes $650 million from Tepper Sports & Entertainment, an increase from its original $150 million pledge. The City of Charlotte is also contributing $650 million toward the overall project, which the Charlotte City Council approved in June 2024.
David Tepper, owner and chairman of Tepper Sports & Entertainment, emphasized the strength of the partnership with the long-term extension with Bank of America.
"The long-term extension with Bank of America reflects the strength of our partnership and our shared commitment to the Carolinas," Tepper said in a news release. "For over three decades, Bank of America Stadium has helped create lasting memories for our fans and we're excited for them to see what's ahead. Our goal is to create experiences that enhance the passion and energy of the region while transforming this corridor into a weekend destination for world-class sports, entertainment and community events."
#America
8 days ago
The Panthers have played at Bank of America Stadium since 2004 and they will continue playing there for years to come.
The team and the bank announced a multi-year extension of the naming rights agreement on Thursday. That agreement is one of the longest-running naming rights deals in the league and it comes as a significant renovation of the stadium takes place.
Funding for the project was established in 2024 when the city of Charlotte agreed to spend $650 million of the $800 million renovation. On Thursday, the Panthers announced that owner David Tepper will spend an additional $500 million toward the project. Tepper Sports and Entertainment has also agreed to pay for any overages in the now $1.3 billion venture.
"The long-term extension with Bank of America reflects the strength of our partnership and our shared commitment to the Carolinas," Tepper said in a statement. "For over three decades, Bank of America Stadium has helped create lasting memories for our fans and we're excited for them to see what's ahead. Our goal is to create experiences that enhance the passion and energy of the region while transforming this corridor into a weekend destination for world-class sports, entertainment and community events."
In addition to upgrading the stadium, the project will also include the construction of a 4,400-seat entertainment venue. The Panthers will remain at home through the renovation, which will focus on interior work in 2026 before moving on to fan-facing areas in 2027.
#stadium #tepper #project
The team and the bank announced a multi-year extension of the naming rights agreement on Thursday. That agreement is one of the longest-running naming rights deals in the league and it comes as a significant renovation of the stadium takes place.
Funding for the project was established in 2024 when the city of Charlotte agreed to spend $650 million of the $800 million renovation. On Thursday, the Panthers announced that owner David Tepper will spend an additional $500 million toward the project. Tepper Sports and Entertainment has also agreed to pay for any overages in the now $1.3 billion venture.
"The long-term extension with Bank of America reflects the strength of our partnership and our shared commitment to the Carolinas," Tepper said in a statement. "For over three decades, Bank of America Stadium has helped create lasting memories for our fans and we're excited for them to see what's ahead. Our goal is to create experiences that enhance the passion and energy of the region while transforming this corridor into a weekend destination for world-class sports, entertainment and community events."
In addition to upgrading the stadium, the project will also include the construction of a 4,400-seat entertainment venue. The Panthers will remain at home through the renovation, which will focus on interior work in 2026 before moving on to fan-facing areas in 2027.
#stadium #tepper #project
18 days ago
One of the biggest success stories in the stock market this year has been Micron Technology (MU). The company makes computer memory and storage - the very products that have been in high demand this year due to the explosive build-out of artificial intelligence data centers.
Micron Technology stock is up 247% so far this year, which is the second-best performance in the entire S&P 500 Index ($SPX). This pushes Micron to join the exclusive trillion-dollar club in its market capitalization. Having Micron in your portfolio can lead to dynamic returns, whether you're just starting out or if you're a seasoned pro. Bloomberg News recently reported that the Appaloosa Management hedge fund run by David Tepper returned 32% in the first half of the year, with memory chip stocks like Micron leading the way.
'Shark Tank' Star Kevin O'Leary 'Can't Stand It' When Young People Spend $28 on Lunch But Only Make $70k — 'I Mean, That's Just Stupid'
Broadcom Lands $30 Billion Chip Deal With Apple. Why It's a Win-Win for AAPL and AVGO.
Intel Future Price Hikes Send Huge Demand Signal to Wall Street
Micron Technology stock is up 247% so far this year, which is the second-best performance in the entire S&P 500 Index ($SPX). This pushes Micron to join the exclusive trillion-dollar club in its market capitalization. Having Micron in your portfolio can lead to dynamic returns, whether you're just starting out or if you're a seasoned pro. Bloomberg News recently reported that the Appaloosa Management hedge fund run by David Tepper returned 32% in the first half of the year, with memory chip stocks like Micron leading the way.
'Shark Tank' Star Kevin O'Leary 'Can't Stand It' When Young People Spend $28 on Lunch But Only Make $70k — 'I Mean, That's Just Stupid'
Broadcom Lands $30 Billion Chip Deal With Apple. Why It's a Win-Win for AAPL and AVGO.
Intel Future Price Hikes Send Huge Demand Signal to Wall Street
23 days ago
The Miz reveals 1 WWE star who's honing his golf game and staying prepared for an American Century Championship bid originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Stateline, NV – In anticipation of the 2026 American Century Championship this weekend, I got the chance to speak with WWE superstar The Miz at The Caesars Celebrity Pro-Am in Stateline, Nevada, on Wednesday. The Miz will be one of 90 celebrities taking part in NBC's annual celebrity golf tournament at the Edgewood Tahoe Resort from Friday to Sunday (July 10-12). The tournament will air on NBC, the NBC Sports Network, and Peacock.
With The Miz playing in the tournament for the fifth time, I asked him about which WWE superstar could potentially join him in the field one day. I first asked about Trick Williams, who The Miz was teammates with during the "Squad Games" event, competing against the Dude Perfect group, along with Charlotte Flair, Alexa Bliss, and Je'Von Evans. Williams was a receiver for the South Carolina Gamecocks and was a standout athlete during the "Squad Games," like The Miz.
The Awesome One isn't so sure Trick Willie and his Lemon Pepper Steppers could hang on the golf course with the ACC field, though.
"I don't know if he could play golf that well. I don't think he plays golf on the regular, and I feel like to be here, you need to play golf on the regular. You really do. In the ring, he's unstoppable. Unbelievable. I mean, he has literally been one of the superstars that, of the up-and-coming superstars, that you go, 'That guy's gonna be a star. He's got it.' He has it all. For sure. On the golf course, not sure," The Miz said.
Stateline, NV – In anticipation of the 2026 American Century Championship this weekend, I got the chance to speak with WWE superstar The Miz at The Caesars Celebrity Pro-Am in Stateline, Nevada, on Wednesday. The Miz will be one of 90 celebrities taking part in NBC's annual celebrity golf tournament at the Edgewood Tahoe Resort from Friday to Sunday (July 10-12). The tournament will air on NBC, the NBC Sports Network, and Peacock.
With The Miz playing in the tournament for the fifth time, I asked him about which WWE superstar could potentially join him in the field one day. I first asked about Trick Williams, who The Miz was teammates with during the "Squad Games" event, competing against the Dude Perfect group, along with Charlotte Flair, Alexa Bliss, and Je'Von Evans. Williams was a receiver for the South Carolina Gamecocks and was a standout athlete during the "Squad Games," like The Miz.
The Awesome One isn't so sure Trick Willie and his Lemon Pepper Steppers could hang on the golf course with the ACC field, though.
"I don't know if he could play golf that well. I don't think he plays golf on the regular, and I feel like to be here, you need to play golf on the regular. You really do. In the ring, he's unstoppable. Unbelievable. I mean, he has literally been one of the superstars that, of the up-and-coming superstars, that you go, 'That guy's gonna be a star. He's got it.' He has it all. For sure. On the golf course, not sure," The Miz said.
1 month ago
Charlotte FC is set to host the 2026 MLS All-Star Game next month, a first for the city.
Major League Soccer is honoring local heroes, including Janae Aiken, director of the Emerging Leaders Program at the Two-Six Project.
READ MORE: Channel 9 gets closer look at MLS All-Star game preparations
The Fayetteville-based organization, which mentors young people, received a $15,000 grant from the MLS All-Star Hometown Heroes program. The David and Nicole Tepper Foundation will match the RBC Wealth Management-presented grant.
Channel 9 sports director Phil Orban speaks with Aiken about the Two-Six Project's mission.
Major League Soccer is honoring local heroes, including Janae Aiken, director of the Emerging Leaders Program at the Two-Six Project.
READ MORE: Channel 9 gets closer look at MLS All-Star game preparations
The Fayetteville-based organization, which mentors young people, received a $15,000 grant from the MLS All-Star Hometown Heroes program. The David and Nicole Tepper Foundation will match the RBC Wealth Management-presented grant.
Channel 9 sports director Phil Orban speaks with Aiken about the Two-Six Project's mission.
1 month ago
We recently published David Tepper Stock Portfolio: 10 Long-Term Stock Picks. UnitedHealth Group Incorporated (NYSE:UNH) is one of the long-term stock picks.
David Tepper's Appaloosa Management has held a stake in health insurance giant UnitedHealth Group Incorporated (NYSE:UNH)'s shares since the fourth quarter of 2010. It held the shares until the second quarter of 2011. Then, the fund disclosed 300,000 shares for its Q1 2017 holdings. Since then, it has continuously held UnitedHealth Group Incorporated (NYSE:UNH)'s shares. The holdings peaked during Q2 2025 when it held 2.4 million shares, which were worth $764 million. Since then, they have dropped, and the latest stake is worth $24.3 million.
Investment bank JPMorgan discussed UnitedHealth Group Incorporated (NYSE:UNH)'s shares on June 8th. It raised the share price target to $466 from $420 and kept an Overweight rating on the stock. The coverage came as part of the bank's update of its healthcare services models, which included a higher valuation.
SGA Global Growth Strategy discussed UnitedHealth Group Incorporated (NYSE:UNH) in its Q1 2026 investor letter:
"Our position in UnitedHealth Group Incorporated (NYSE:UNH) was based on our view that the company would deliver durable growth due to its ability to manage the rising healthcare costs given its scale advantages. We viewed the business as having strong pricing power given its vertical integration with Optum, which gave them good tools to manage medical costs, as well as the ability to raise premiums annually. The privatization of government-funded senior health plans, Medicare Advantage, provided a growth opportunity. Over 2025 the stock suffered due to execution missteps which were exacerbated by government payment cuts to Medicare Advantage programs which were initiated under the Biden administration. Despite these issues we held on to the position under the expectation that they would be able to re-price their health insurance policies in the following year, and that execution would improve with the return of Stephen Hemsley as CEO. We had also thought that a change in administration would be beneficial for the company given Republican's historical support of Medicare privatization. However, when the CMS released their preliminary rate for 2027 this quarter of just 0.1%, we, and the market, were disappointed. While the final rate has since been revised higher to 2.5%, this is still below the mid-single digit rate expectations and cost inflation trends. Additionally, in the latest communication, while the company was able to re-price most of its insurance businesses, the greater than expected membership losses as well as the slower profitability improvement at Optum were disappointing, indicating a more mature Medicare Advantage market and increased competition. Given these developments we decided to exit the position and re-allocate the capital into higher conviction growth opportunities. The company has since been removed from th
David Tepper's Appaloosa Management has held a stake in health insurance giant UnitedHealth Group Incorporated (NYSE:UNH)'s shares since the fourth quarter of 2010. It held the shares until the second quarter of 2011. Then, the fund disclosed 300,000 shares for its Q1 2017 holdings. Since then, it has continuously held UnitedHealth Group Incorporated (NYSE:UNH)'s shares. The holdings peaked during Q2 2025 when it held 2.4 million shares, which were worth $764 million. Since then, they have dropped, and the latest stake is worth $24.3 million.
Investment bank JPMorgan discussed UnitedHealth Group Incorporated (NYSE:UNH)'s shares on June 8th. It raised the share price target to $466 from $420 and kept an Overweight rating on the stock. The coverage came as part of the bank's update of its healthcare services models, which included a higher valuation.
SGA Global Growth Strategy discussed UnitedHealth Group Incorporated (NYSE:UNH) in its Q1 2026 investor letter:
"Our position in UnitedHealth Group Incorporated (NYSE:UNH) was based on our view that the company would deliver durable growth due to its ability to manage the rising healthcare costs given its scale advantages. We viewed the business as having strong pricing power given its vertical integration with Optum, which gave them good tools to manage medical costs, as well as the ability to raise premiums annually. The privatization of government-funded senior health plans, Medicare Advantage, provided a growth opportunity. Over 2025 the stock suffered due to execution missteps which were exacerbated by government payment cuts to Medicare Advantage programs which were initiated under the Biden administration. Despite these issues we held on to the position under the expectation that they would be able to re-price their health insurance policies in the following year, and that execution would improve with the return of Stephen Hemsley as CEO. We had also thought that a change in administration would be beneficial for the company given Republican's historical support of Medicare privatization. However, when the CMS released their preliminary rate for 2027 this quarter of just 0.1%, we, and the market, were disappointed. While the final rate has since been revised higher to 2.5%, this is still below the mid-single digit rate expectations and cost inflation trends. Additionally, in the latest communication, while the company was able to re-price most of its insurance businesses, the greater than expected membership losses as well as the slower profitability improvement at Optum were disappointing, indicating a more mature Medicare Advantage market and increased competition. Given these developments we decided to exit the position and re-allocate the capital into higher conviction growth opportunities. The company has since been removed from th
1 month ago
We recently published David Tepper Stock Portfolio: 10 Long-Term Stock Picks. Micron Technology, Inc. (NASDAQ:MU) is one of the long-term stock picks.
Memory giant Micron Technology, Inc. (NASDAQ:MU) is a major position in Appaloosa Management's portfolio. It is also one of the oldest as the fund has held a position since the fourth quarter of 2010. After briefly not holding any stakes between 2011 and mid to late 2015, the fund has consistently held a stake in Micron Technology, Inc. (NASDAQ:MU)'s shares since the fourth quarter of 2016. This decision has proven to be fruitful as the average share price has jumped from $18.78 during Q4 2016 to a whopping $391 in Q1 2026. Appaloosa's latest stake in Micron Technology, Inc. (NASDAQ:MU) is worth a whopping $562 million.
Posonskyi Andrey/Shutterstock.com
The primary driver behind Micron Technology, Inc. (NASDAQ:MU)'s accelerating fortune is the shortage in the memory industry brought on by the demand from AI GPUs. On this front, the firm made a key announcement on June 10th when it selected its engineering partner for a leading-edge memory manufacturing facility in New York. Micron Technology, Inc. (NASDAQ:MU)'s fiscal second quarter earnings saw its revenue grow by 196% year-over-year to sit at $23.86 billion.
While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Memory giant Micron Technology, Inc. (NASDAQ:MU) is a major position in Appaloosa Management's portfolio. It is also one of the oldest as the fund has held a position since the fourth quarter of 2010. After briefly not holding any stakes between 2011 and mid to late 2015, the fund has consistently held a stake in Micron Technology, Inc. (NASDAQ:MU)'s shares since the fourth quarter of 2016. This decision has proven to be fruitful as the average share price has jumped from $18.78 during Q4 2016 to a whopping $391 in Q1 2026. Appaloosa's latest stake in Micron Technology, Inc. (NASDAQ:MU) is worth a whopping $562 million.
Posonskyi Andrey/Shutterstock.com
The primary driver behind Micron Technology, Inc. (NASDAQ:MU)'s accelerating fortune is the shortage in the memory industry brought on by the demand from AI GPUs. On this front, the firm made a key announcement on June 10th when it selected its engineering partner for a leading-edge memory manufacturing facility in New York. Micron Technology, Inc. (NASDAQ:MU)'s fiscal second quarter earnings saw its revenue grow by 196% year-over-year to sit at $23.86 billion.
While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
1 month ago
We recently published David Tepper Stock Portfolio: 10 Long-Term Stock Picks. Microsoft Corporation (NASDAQ:MSFT) is one of the long-term stock picks.
Microsoft Corporation (NASDAQ:MSFT) is another stock that has featured in Appaloosa's 13F holdings since 2010. This period is divided into two stints. The first started from Q4 2010, when the fund held six million shares worth $168 million, and ended in Q2 2013, when it held 1.4 million shares worth $48 million. The second period started from Q1 2020, when the fund held 90,000 Microsoft Corporation (NASDAQ:MSFT) shares. The stake peaked in Q4 2023 when Appaloosa held 1.7 million shares that were worth $639 million. Since then, it has been on a downward trend, with the latest stake being worth $33 million.
Photo by Microsoft 365 on Unsplash
Microsoft Corporation (NASDAQ:MSFT)'s shares have been among the weakest performers in 2026 as they are down by 22% year-to-date. June was an important month for the firm as it announced a slew of new AI initiatives. These include a new AI model, agents for its Copilot platform and APIs to bring work-specific context to AI agents. Microsoft Corporation (NASDAQ:MSFT) has also collaborated with NVIDIA to announce Windows PCs powered by the latter's products.
While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
Microsoft Corporation (NASDAQ:MSFT) is another stock that has featured in Appaloosa's 13F holdings since 2010. This period is divided into two stints. The first started from Q4 2010, when the fund held six million shares worth $168 million, and ended in Q2 2013, when it held 1.4 million shares worth $48 million. The second period started from Q1 2020, when the fund held 90,000 Microsoft Corporation (NASDAQ:MSFT) shares. The stake peaked in Q4 2023 when Appaloosa held 1.7 million shares that were worth $639 million. Since then, it has been on a downward trend, with the latest stake being worth $33 million.
Photo by Microsoft 365 on Unsplash
Microsoft Corporation (NASDAQ:MSFT)'s shares have been among the weakest performers in 2026 as they are down by 22% year-to-date. June was an important month for the firm as it announced a slew of new AI initiatives. These include a new AI model, agents for its Copilot platform and APIs to bring work-specific context to AI agents. Microsoft Corporation (NASDAQ:MSFT) has also collaborated with NVIDIA to announce Windows PCs powered by the latter's products.
While we acknowledge the potential of MSFT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
