This Dominant Hedge Fund's Top 3 Holdings Are Genius Buys Now

The article highlights billionaire David Tepper’s Appaloosa Management top three holdings — Amazon, Micron and Alphabet — arguing they remain compelling buys. Appaloosa doubled its Amazon stake in Q1 and Amazon now comprises over 15% of the fund, supported by massive investment (~$200 billion) into AWS and accelerating cloud revenue. Appaloosa also increased Micron exposure (added ~11% in Q1, heavy buys in Q4), benefiting from a persistent memory-chip shortage that’s lifting prices and margins (Micron trading near 16x forward earnings). Alphabet remains a core holding despite a modest 3% trim in Q1; Google Cloud growth (63% in Q1) and TPU sales bolster its outlook. The piece frames these institutional moves as bullish signals for each stock and a cue for long-term investors to consider following the hedge fund’s allocations.