5 Stocks Billionaire David Tepper Just Bought and Sold

2. Microsoft Corporation (NASDAQ:MSFT)

Appaloosa Management’s Q3 2023 Investment: $516 million

Bought Or Sold: Bought

Percentage Increase or (-)Decrease: 32%

Microsoft Corporation (NASDAQ:MSFT) is one of the biggest technology companies in the world. While its partnership with ChatGPT maker OpenAI has been a source of positivity, mid November saw a big shock as OpenAI’s founder and CEO Sam Altman was suddenly fired from his role. This led to Microsoft Corporation (NASDAQ:MSFT)’s shares dropping on the market.

During this year’s June quarter, 300 out of the 910 hedge funds polled by Insider Monkey had bought the firm’s shares. Microsoft Corporation (NASDAQ:MSFT)’s biggest investor during the September quarter was Michael Larson’s Bill & Melinda Gates Foundation Trust as it owned 39 million shares that are worth $12.4 billion.

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