Billionaire investor David Tepper's Appaloosa Management sold its entire stake in Microsoft (MSFT) during the second quarter of 2026, according to its latest 13F filing. The fund divested all 90,000 of its shares, a position previously valued at approximately $33.32 million. While exiting Microsoft, Tepper's firm made additions to other tech giants, including Alphabet and Meta, suggesting a potential rotation within the sector.
This trade was disclosed in a mandatory quarterly filing that reveals the firm's holdings as of June 30, 2026. These reports are released with a delay, meaning the trades could have happened any time during the second quarter. The filing provides a snapshot of the portfolio on that date rather than reflecting real-time trading activity.