We recently announced a list of Billionaire 10 Best Stock Picks David Tepper Tepper. In this article, we're going to look at where Meta Platforms, Inc. (NASDAQ: META) stands against the main stock options of the billionaire David Tepper.
David Alan Tepper, born on September 11, 1957, is American billionaire hedge fund manager, businessman, and sports team owner. He is the founder and president Apaloosa's managementWorld Hedgerow Fund located in Miami Beach, Florida. Beyond finance, Tepper owns Carolina Panthers the National Football (NFL) and Charlotte FC of Major League Soccer (MLS). Tepper was brought up in Pittsburgh, Pennsylvania, gaining a Bachelor of Economics degree from the University of Pittsburgh in 1978. He later pursued a Master of Science in Industrial Administration (MSIA) of Carnegie Mellon University in 1982. His connection with the university remained strong, ending in the $ 67 school in 2013, after the $ 67 school, after the 2013 school.
Over his career, a tepper has accumulated a number of acolates, confirming its status as one of the most successful hedge fund managers in the world. In 2018, he secured third place on the Forbes list of the highest -winning hedge fund managers with $ 1.5 billion in annual earnings. It was repeatedly listed among 25 forbes' top hedgerow funds in 2013 and 2016. He described the profile of New York magazine in 2010 Tepper as an object of “worship hero” in the financial industry, where one investor referred to him as “a golden god.” He gained his aggressive and unheard of a unique reputation, with plans to convert his hedgerow fund into a family office.
Outside of finance and sports ownership, Tepper's career includes a series of formative jobs that created its reputation and investment philosophy. After gaining his economics degree, he worked as a credit analyst in Equibank in Pittsburgh before registering at Carnegie Mellon. Post-MBA, joined the Republic Steel Treasury Department in Ohio and then moved to Keystone mutual funds in Boston. In 1985, Goldman Sachs recruited for his newly formed high -product credit group in New York City. Tepper quickly raised a trader within six months, playing a vital role in the company's recovery after the 1987 stock market crash by purchasing bonds from weak financial institutions. Known for his straightforward market commentary, he advised against investment decisions driven by fear during economic agitation, dismissing extreme market predictions and promoting the ability to adapt markets and people alike.
Apaloosa's managementFounded by Tepper in early 1993 after leaving Goldman Sachs, has become synonymous with high relationships investing in distressing companies and volatile markets. Located initially in Chatham, New Jersey, the company was established as an employee -owned investment management company with a sudden focus on distressed debt. In establishment, Appaloosa's management has specialized in investment across public equity and stable world -scale fixed income markets. The company built a reputation for its bold investment strategy, Contrarian, especially in volatile and high -risk sectors.
Appaloosa management soon gained recognition, producing 61% earnings in 2001 through distressed bond investments, and in 2005, pivoting them to lucrative opportunities in S&P stocks. The Tepper Hedgerow Fund became known for benefiting from “Dicier” companies, with distinctive earnings from MCI, Mirant, Coneco, and Marconi. In 2009, Appaloosa made around $ 7 billion by buying distressing financial stocks such as Bank of America at just $ 3 per share during the market accident, with $ 4 billion going directly to Tepper's personal wealth, making it the hedgerow fund manager winning the top that year.
Throughout the 1990s, Appaloosa management gained recognition as a specialist junk bond investment shop, distinguishing itself by targeting distressed corporate debt, undervaluing that other investors tended to avoid. As the hedgerow fund industry evolves in the 2000s, as is the role and reputation of Appaloosa, being widely regarded as one of the leading hedge funds in the world, known for its aggressive, high -prize investment tactics. Its core strategy continued to focus on distressing securities, but also expanded its portfolio to include opportunities in equity and other financial instruments, constantly producing strong gains through bold market bets.
As its latest 13F filing for the fourth quarter of 2024, Appaloosa Management's Ten Best Holdings account for 66.75% of this portfolio, which reflects the company's opportunistic, high conviction investment strategy, is the visual signal of David Tepper's approach.
We searched by filing q4 2024 13f Appaloosa Management to identify the top stocks in his portfolio. The consequential stocks are then drawn up in the ascending order of the Fund's proportion on December 31, 2024. To assist readers with more -context, we have included the hedgerow fund feel about each stock using data from 1009 hedge funds tracked by a monkey inner monkey in the fourth quarter of 2024.
Why are we interested in the stocks to which money accumulates? The reason is simple: our research has shown that we can outperform the market by imitating the main stock options of the best hedge funds. Our quarterly newsletter strategy selects 14 small cap stocks and a large cap every quarter and has returned 373.4% since May 2014, beating its 218 percentage point benchmark (See more details here).
Meta Platforms, Inc. (Meta): Among the Billionaire David Tepper's Top Stock Picks
A team of developers working in Unison to create the company's messaging application.
Number of Hedgerow Fund Holders on Q4: 262
Appaloosa Management Equity Stake: $ 286.90 million
Meta introduced Platforms, Inc. (NASDAQ: META) Standout financial performance in 2024. The company reported total revenue of $ 164.5 billion, marking a 22% increase compared to the previous year. The fourth quarter of 2024 played a particularly significant role in Meta's annual performance, accounting for 29.4% of total revenue per year. In CH4 alone, Meta generated $ 48.4 billion in revenue and over $ 20.8 billion in profit, representing a 21% year -on -year revenue increase and beating market expectations. Earnings per share rose by 50% to $ 8.02, exceeding the anticipated $ 6.76.
Investors' confidence remained in Meta Platforms, Inc. (NASDAQ: META) Strongly, with hedgerow reservoir interest swelling by the end of the fourth quarter of 2024. According to the Insider Monkey database, there were 262 hedge funds holding poles in the company, up from 235 in the previous quarter. Hedgerow Fund holdings in Meta climbed to approximately $ 59.4 billion, reflecting investors' beliefs in the company's long -term strategy, the most prominent presence in digital advertising, and the ability to drive shareholder value through continuous and technological leadership growth.
With 490,000 shares in his 13f holding, David Tepper holds a proportion of approximately $ 287 million in Meta Platforms, Inc. (NASDAQ: META), making it one of its 10 best stock choices.
In the midst of Meta's financial successes, the company faced public debates and scrutiny following evidence from former executive Sarah Wynn-Williams before the Parliamentary Judiciary Committee. Wynn-Williams, who served as Director of Global Public Policy Facebook between 2011 and 2017, accused the company of compromise on US national security by claiming to be briefing the China government on American artificial intelligence initiatives to promote its business interests in China. He claimed that Meta Platforms executives, Inc. (NASDAQ: META) misled employees, shareholders, Congress, and the public about dealing with China. Her book, Careless peopledetailing these experiences, sell 60,000 copies in its first week and reach the top 10 on the Amazon Bookselling List. In response, Meta strongly denied the allegations, calling her evidence “divorced from reality and dotted with false allegations,”.
Rowan Street Capital noted the following regarding Meta Platforms, Inc. (NASDAQ: Meta) in its Q4 2024 Investor letter::
“Meta Platforms, Inc. (NASDAQ: META): Investment initiated: April 2018: Internal Earnings Rate (IRR *): 22% *IRR represents the annual earnings rate on investment, accounting for the timing and size of cash flow over the holding period.
For the most part, meta are ranks 8th On our list of the main stock options of the billionaire David Tepper. While we recognize the potential of these stock photos, our conviction lies in the belief that AI stocks are more promised for achieving higher earnings, and to do so within a shorter timetable. There has been AI stock that has risen since the beginning of 2025, while popular AI stocks lose about 25%. If you are looking for AI stock that is more promising than meta but trading at less than 5 times its earnings, check out our report for this Cheapest AI Stock.
