Tepper Buys Pipeline Operators as Appaloosa Stock Bets Rise

Updated on
  • Hedge fund also adds to stake in Alphabet, which owns Google
  • Separately, Klarman's Baupost buys Antero Resoures Corp.

Stock picker David Tepper increased his firm’s U.S. equity holdings by 56 percent last quarter, led by a jump in his Alphabet Inc. position and new stakes in pipeline companies.

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