David Tepper's position in Lyft is currently worth $134M. That's 1.95% of their equity portfolio (17th largest holding). The investor owns 2.08% of the outstanding Lyft stock. David Tepper started to build up the position in Lyft in Q1 2024 and continued to invest until Q3 2024. Since then they sold 7.75M shares. The stake costed the investor $113M, netting the investor a gain of 19% so far.
David Tepper¡¯s Appaloosa hedge fund took new stakes in Boeing Co. and Lyft Inc., to name a few of its fresh bets, and sold off the General Motors Co. stake i...