Market Overview

Summary of 13F from Tepper's Appaloosa

Tepper's Appaloosa Management releases 13F:

David Tepper's Appaloosa Management released its 13F earlier and saw a slight increase in its value from $4.61billion to $4.71 billion.

(All units are in millions of shares)

Raised:

• Broadcom (NASDAQ: BRCM) from 3.42 to 3.62 • Celanese (NYSE: CE) from 0.65 to 1.05 • Ford (NYSE: F) from 11.1 to 11.7 • Fusion-io (NYSE: FIO) from 1.4 to 1.76 • General Motors (NYSE: GM) from 5.35 to 5.68 • Goodyear Tire & Rubber (NASDAQ: GT) from 14.3 to 15.2 • MetLife (NYSE: MET) from 3.38 to 4.60 • Microsoft (NASDAQ: MSFT) from 3.15 to 3.48 • Owens Corning (NYSE: OC) from 2.36 to 2.70 • QUALCOMM (NASDAQ: QCOM) from 2.77 to 2.98 • Sandisk (NASDAQ: SNDK) 0.97 to 1.22 • The Hartford Financial Services (NYSE: HIG) 4.9 to 5.3 • Transocean (NYSE: RIG) 1.5 to 2.5

Lowered:

• American International Group (NYSE: AIG) from 6 to 4.3 • Apple (NYSE: AAPL) from 0.91 to 0.54 • Calumet (NASDAQ: CLMT) from 0.72 to 0.67 • Chimera Investment (NYSE: CIM) from 9 to 4.5 • Citigroup (NYSE: C) 9.2 to 8.5 • Dean Foods (NYSE: DF) 1.72 to 1.53 • Delta Air Lines (NYSE: DAL) 10.3 to 9.8 • EMC Corp (NYSE: EMC) 4.138 to 4.038 • JPMorgan Chase (NYSE: JPM) 2.3 to 1.0 • Masco (NYSE: MAS) 4.08 to 3.50 • Mueller Water Products (NYSE: MWA) 7.55 to 7.4 • Sealed Air Corp (NYSE: SEE) 1.85 to 1.35 • SPDR S&P 500 ETF Trust CALL 0.19 to 0.01 • United Continental Holdings (NYSE: UAL) 9.1 to 8.5 • US Airways (NYSE: LCC) 12.07 to 10.70 • Valero (NYSE: VLO) 0.77 to 0.25 • Weatherford Intl (NYSE: WFT) 5.0 to 4.56

Maintained:

• Bank of America (NYSE: BAC) 2.4 • Beazer Homes USA (NYSE: BZH) 1.27 • Berry Plastics Group (NYSE: BERY) 1.3 • Boyd Gaming Corp (NYSE: BYD) 1.87 • CF Industries Holdings (NYSE: CF) 0.048 • Delphi Automotive (NYSE: DLPH) 0.88 • General Motors (NYSE: GM) warrants expiring 7/10/2016 .175 • General Motors (NYSE: GM) warrants expiring 7/10/2019 .175 • Google (NASDAQ: GOOG) .185 • HCA Holdings (NYSE: HCA) 4.3 • Huntsman Corp (NYSE: HUN) 7.4 • MFA Financial (NYSE: MFA) 0.87 • MGM (NYSE: MGM) 6.9 • MPG Office Trust (NYSE: MPG) 4.1 • NetApp (NASDAQ: NTAP) 0.71 • SPDR S&P 500 ETF Trust 0.83 • Tenneco (NYSE: TEN) 0.12 • Teradyne (NYSE: TER) 0.38 • The Hartford Financial Services (NYSE: HIG) warrant expiring 6/26/19 1.27 • Two Harbors Investment (NYSE: TWO) 2.44 • Whirlpool (NYSE: WHR) 0.56

New:

• Check Point Software Tech (NASDAQ: CHKP) 0.62 • Citigroup (NYSE: C) 0.01 puts • Comcast (NASDAQ: CMCSA) 1.64 • Fluor (NYSE: FLR) 0.2 • Foster Wheeler AG (NASDAQ: FWLT) 0.5 • Goodyear Tire & Rubber (NASDAQ: GT) call .01 • Hess (NYSE: HES) 0.48 • KBR Inc. (NYSE: KBR) 0.45 • Lincoln National (NYSE: LNC) 0.38 • Prudential Financial (NYSE: PRU) 0.85 • Silver Bay Realty Trust (NYSE: SBY) 0.12 • SPDR S&P 500 ETF Trust PUT 0.18

Sold:

• Ashland Inc. (NYSE: ASH) 0.19 • Ensco (NYSE: ESV) 0.72 • Freeport-McMoRan Copper & Gold (NYSE: FCX) .52 • Noble Corp (NYSE: NE) 1.33 • Oracle (NASDAQ: ORCL) 2.4 • Powershares QQQ Trust ETF (NASDAQ: QQQ) 1.6 • Powershares QQQ Trust ETF (NASDAQ: QQQ) call .10

Posted-In: Appaloosa Management David TepperNews Hedge Funds General

 

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