Tepper Exits 12 Stocks Including SanDisk and Microsoft Amid Sector Shift
David Tepper's Appaloosa Management revealed its Q2 2026 13F filing, showing complete exits from 12 stock positions as of June 30, 2026.
The list includes SanDisk (NASDAQ: SNDK), Corning (NYSE: GLW), PDD Holdings (NASDAQ: PDD), JD.com (NASDAQ: JD), L3Harris Technologies (NYSE: LHX), and RTX (NYSE: RTX), along with Ball Corporation, Microsoft (NASDAQ: MSFT), UnitedHealth, Lyft (NASDAQ: LYFT), Deutsche Bank, and the KraneShares CSI China Internet ETF (NYSEARCA: KWEB).
The most striking exit is SanDisk, which had been driving Appaloosa's returns in the first half of 2026 with a 591.34% year-to-date gain through August 14.
Tepper also exited PDD Holdings and JD.com entirely, while trimming his Alibaba stake by 1,465,000 shares, representing a broad-based pullback from Chinese internet exposure.