Appaloosa Hedge Fund Buys Vistra, Sells Boeing

Zinger Key Points
  • Appaloosa Management reveals its trades from the last quarter.
  • Appaloosa sells all of its 210,000 Boeing shares.

Appaloosa Management filed its Form 13F on Thursday, revealing the fund's trades from the prior quarter. Here's a look at Appaloosa's latest trades. 

New Positions: 

  • Appaloosa added a stake in energy company Vistra Corp. VST with 1,270,388 shares valued at $150.5 million, according to Whalewisdom. 
  • The fund added a stake in NRG Energy, Inc. NRG with 999,820 shares. 
  • Appaloosa opened a position in Las Vegas Sands Corp. LVS with 1,528,323 shares
  • The hedge fund also opened a position in Wynn Resorts Ltd. WYNN with 800,000 shares. 

Read More: Trump Media Insiders Sell More Than $16 Million In DJT Stock

Closed Positions: Appaloosa sold all of its 210,000 Boeing Co. BA shares. The fund also closed its entire positions in Macy's Inc. M and United Parcel Service, Inc. UPS

Notable Trades: Appaloosa added 3,361,132 shares of China-based commerce company PDD Holdings Inc. PDD, bringing its total stake to 5,301,132 shares valued at $617.4 million, according to Whalewisdom. The fund also added 2,989,400 shares of JD.com, Inc. JD another China-based commerce company. 

Read Next: 

Photo: Panchenko Vladimir on Shutterstock

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: NewsHedge FundsSECMovers13FAppaloosa Hedge FundAppaloosa Management
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!