Tepper's distressed-to-equities shop — bold sector bets, quick pivots.
| # | Holding | Our call | % of book | Value | Shares | QoQ |
|---|---|---|---|---|---|---|
| 1 | AMZN | Buy | 15.2% | $900M | 4.32M | Added+98% |
| 2 | MU | Sell | 9.5% | $563M | 1.67M | Added+11% |
| 3 | GOOG | Buy | 8.4% | $497M | 1.73M | Trimmed-3% |
| 4 | UBER | Buy | 7.7% | $456M | 6.33M | Added+242% |
| 5 | TSM | Sell | 7.6% | $449M | 1.33M | Added+17% |
| 6 | BABA | Hold | 7.3% | $435M | 3.46M | Trimmed-33% |
| 7 | VST | Hold | 5.1% | $304M | 2.02M | Added+114% |
| 8 | EWY | — | 5.0% | $295M | 2.40M | Added+28% |
| 9 | NVDA | Hold | 4.3% | $257M | 1.47M | Trimmed-13% |
| 10 | NRG | Hold | 4.3% | $253M | 1.73M | Added+6% |
| 11 | META | Buy | 4.2% | $250M | 437K | Trimmed-27% |
| 12 | SNDK | Avoid | 3.0% | $179M | 281K | NEW |
| 13 | GLW | Hold | 2.6% | $154M | 1.13M | Trimmed-28% |
| 14 | WHR | Sell | 1.8% | $105M | 1.95M | Trimmed-50% |
| 15 | PDD | Hold | 1.5% | $92.0M | 900K | Trimmed-49% |
| 16 | LRCX | Sell | 1.4% | $81.7M | 383K | Trimmed-10% |
| 17 | BIDU | Hold | 1.3% | $77.1M | 692K | Added+20% |
| 18 | LHX | Hold | 1.2% | $68.3M | 198K | Trimmed-33% |
| 19 | RTX | Hold | 1.1% | $66.0M | 342K | Trimmed-32% |
| 20 | ASML | Sell | 1.1% | $65.4M | 49.5K | Trimmed-21% |
| 21 | QCOM | Hold | 1.1% | $64.2M | 499K | Trimmed-56% |
| 22 | BALL | Hold | 0.8% | $49.5M | 837K | Trimmed-30% |
| 23 | AMD | Sell | 0.8% | $45.0M | 221K | Trimmed-32% |
| 24 | JD | Hold | 0.7% | $38.6M | 1.30M | Trimmed-69% |
| 25 | LYFT | Hold | 0.6% | $35.9M | 2.70M | Trimmed-29% |
| 26 | MSFT | Buy | 0.6% | $33.3M | 90.0K | Trimmed-82% |
| 27 | KWEB | — | 0.5% | $30.7M | 1.08M | Trimmed-77% |
| 28 | ET | Buy | 0.5% | $30.4M | 1.58M | Trimmed-28% |
| 29 | MPLX | Buy | 0.5% | $28.7M | 502K | Trimmed-20% |
| 30 | UNH | Sell | 0.4% | $24.4M | 90.0K | Trimmed-55% |
| 31 | DB | Sell | 0.1% | $7.67M | 258K | Trimmed-92% |
Source: SEC Form 13F-HR. Positions are as-of quarter end (filed up to 45 days later) and cover US-listed equities only — shorts, non-US listings and most derivatives don’t appear. Values as reported by the filer. “Our call” is TENK/calls’s independent SEC-grounded verdict, not the fund’s view.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.