Billionaire David Tepper’s Top Picks: General Motors Company (GM), Priceline Group Inc (PCLN), Whirlpool Corporation (WHR)

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Appaloosa disclosed its third largest stake in Priceline Group Inc (NASDAQ:PCLN), a $58.84 billion market cap provider of online travel and related services. The fund revealed holding 316,874 Priceline Group Inc (NASDAQ:PCLN) shares, valued at about $361.30 million. During the fourth quarter, Stephen Mandel’s Lone Pine Capital was bullish on Priceline Group Inc (NASDAQ:PCLN), as the fund upped its stake in the company by over 90% to around 1.40 million shares. Blue Ridge Capital, led by John Griffin, reduced its holding to 291,000 shares during the fourth quarter.

Priceline.com Inc (NASDAQ:PCLN)

Next is Whirlpool Corporation (NYSE:WHR), in which Appaloosa disclosed ownership of just under 1.70 million shares, worth $329.09 million. The stake represents a decrease from the 2.00 million shares the fund reported previously. Whirlpool Corporation (NYSE:WHR) is a global manufacturer of home appliances, and has a market cap of $16.66 billion. Among the funds we track at Insider Monkey, Edgar Wachenheim’s Greenhaven Associates is the largest shareholder of the company among the funds we track, owning 2.46 million shares as of the end of December, 2014. Another large investor is Ric Dillon’s Diamond Hill Capital, which reported holding 1.38 million shares of the company as of December 31, 2014.

In United Continental Holdings Inc (NYSE:UAL), Appaloosa revealed holding 4.92 million shares, worth $329.04 million. Previously, the fund held 4.96 million shares as of September 30, 2014. United Continental Holdings Inc (NYSE:UAL) is a holding company, whose subsidiaries are United Air Lines Inc. and Continental Airlines Inc. The company has a market cap of $23.97 billion. Other funds that see value in United Continental Holdings Inc (NYSE:UAL) include Thomas E. Claugus’s GMT Capital, which reported ownership of 8.21 million shares as of the end of the third quarter of 2014. OZ Management, led by Daniel S. Och, disclosed holding 4.30 million shares of the company as of the end of 2014.

Disclosure: None

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