Tepper's complete exit from SNDK and GLW has been validated by subsequent price action, with both stocks dropping 28% and 35% respectively since his Q2 close.
Tepper held $1.1 billion in Micron and added to Baidu, betting on highest-conviction single names over broad memory and China baskets.
Defense is the only theme Tepper exited without a replacement, making his RTX and L3Harris walkout the clearest directional bet of the quarter.
The most widely read finance newsletter on Substack isn't published by a bank, it's Doomberg, where 383,000+ readers get the energy and macro **** ysis the mainstream press misses. 24/7 Wall St. readers save 17% on their first year here.
David Tepper's Appaloosa Management closed out 12 positions entirely in the Q2 2026 13F filed August 14, 2026, and the pattern beneath the list reveals a fund narrowing sprawling thematic bets down to single-name conviction plays.
#conviction #sndk
Tepper held $1.1 billion in Micron and added to Baidu, betting on highest-conviction single names over broad memory and China baskets.
Defense is the only theme Tepper exited without a replacement, making his RTX and L3Harris walkout the clearest directional bet of the quarter.
The most widely read finance newsletter on Substack isn't published by a bank, it's Doomberg, where 383,000+ readers get the energy and macro **** ysis the mainstream press misses. 24/7 Wall St. readers save 17% on their first year here.
David Tepper's Appaloosa Management closed out 12 positions entirely in the Q2 2026 13F filed August 14, 2026, and the pattern beneath the list reveals a fund narrowing sprawling thematic bets down to single-name conviction plays.
#conviction #sndk
15 days ago
