Billionaire David Tepper of Appaloosa Just Sold 5 Prominent Artificial Intelligence (AI) Stocks

Tepper's net-selling activity in AI stocks may have to do with more than just simple profit-taking.

May 30, 2025 - 09:17
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Billionaire David Tepper of Appaloosa Just Sold 5 Prominent Artificial Intelligence (AI) Stocks

Wall Street runs on information, and investors rarely have to look too far for market-moving data. Everything from President Donald Trump's ever-changing tariff and trade policy to earnings season provides clues to investors about the current and future health of corporate America and the U.S. economy.

But one of the most-telling of all data releases occurred roughly two weeks ago, on May 15. This was the deadline for institutional investors overseeing at least $100 million to file Form 13F with the Securities and Exchange Commission. Quarterly filed 13Fs detail which stocks, exchange-traded funds, and (select) options Wall Street's top-tier money managers have been buying and selling.

Though Warren Buffett is the most well-known of all asset managers, he's far from the only billionaire investor known for their outsized returns or keen stock market insight. Another billionaire fund manager that's proven their chops on the investing front is David Tepper of Appaloosa Management.

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