Tepper’s Appaloosa Adds to Pipeline Partnerships and Dumps Apple

  • Hedge fund manager cut his holding in General Motors by 80%
  • Facebook was Tepper’s biggest new buy in the first quarter

David Alan Tepper.

Photographer: Victor J. Blue/Bloomberg

David Tepper’s Appaloosa Management increased its stake in pipeline partnerships and sold out of its holding in Apple Inc. in the first quarter.

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