Billionaire David Tepper's Appaloosa Management Initiates Put Positions on Apple and Berkshire Hathaway, Citing Apple's Weakening Fundamentals
According to a 13F filing disclosed on August 14, David Tepper's Appaloosa Management opened new put positions referencing 835,000 Apple shares and 25,000 Berkshire Hathaway Class B shares as of June 30. The move is attributed to Apple's Q3 FY26 diluted EPS of $2.02, which included 11 cents from non-recurring tariff refunds, and weakening underlying fundamentals. Apple shares have fallen 6.5% over the past month. Tepper simultaneously added to Nvidia, Meta, and others, framing the Apple puts as targeted hedges rather than a broad bearish market conviction, with Berkshire Hathaway serving as a low-volatility proxy short for Apple exposure.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
SOP Coin Value Analysis: The Current Status and Investment Prospects of SoPay and Son Of Pepe
-
2
Wallstreetcn Analysis: U.S. September non-farm payrolls surprisingly increased by only 29,000, yet the 10-year U.S. Treasury yield still rebounded over 10 basis points to 5.30%, as the market worries about sustained high interest rates.
-
3
French-German bond yield spread surges to new high since European debt crisis, ECB faces dilemma in market rescue.
-
4
WhaleEX: Operational Status and Historical Review
-
5
GoldKash (XGK) Token Analysis: Market Status and Investment Risk Assessment
-
6
Napster co-founder Sean Parker is reshaping Stability AI, securing $76 million in investment from record labels including Sony, Warner, and Universal.
-
7
BLT Token Analysis: Project Disambiguation and Outlook Under Multiple Identities
-
8
Cerebras stock hits post-IPO low, tumbling 20% for the week on Nvidia pressure and lockup expiration
-
9
Arbitrum Pauses New Stylus Activations Due to Urgent Security Action
-
10
Nasdaq, NYSE Arca, and two other major exchanges will add a night trading session, ushering in a 23-hour trading day for US stocks starting December 6.
Markets Today
Recommended Reading






