David Tepper’s Appaloosa Sharply Boosts Bet on U.S. Stocks

The eclectic investment firm increased the size of its stock portfolio for the first time in four quarters.

David Tepper, president of Appaloosa Management (Peter Foley/Bloomberg)

David Tepper, president of Appaloosa Management

(Peter Foley/Bloomberg)

David Tepper’s Appaloosa Management has apparently grown more bullish on the stock market.

The eclectic investor sharply boosted the size of its U.S. stock portfolio in the first quarter, to $3.5 billion, according to its recently disclosed 13F filing with the Securities and Exchange Commission detailing its U.S.

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