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David Tepper's Appaloosa Management exited its entire MSFT position, held for ~6 years.

Sold out of a position that was 90,000 shares worth $33.32M as of the previous filing.
Published · Based on SEC filings

Medium impact
Position exited
2026 Q2

David Tepper's Appaloosa Management sold its entire Microsoft Corp (MSFT) position in 2026 Q2, according to the 13F-HR filed with the SEC on August 14, 2026. The prior filing listed 90K shares worth about $33.3M, 0.56% of the portfolio; the 2026 Q2 filing lists none. MSFT had been in the portfolio for about 6 years, since the quarter ended March 31, 2020.

What did the 2026 Q2 filing report for MSFT?

As of June 30, 2026, from the 13F-HR filed August 14, 2026.

Before After
Shares 90K 0
Reported value $33.3M $0
Portfolio weight 0.56% 0%
Held since 2020 Q1 sold out in 2026 Q2
Quarters held 25

What did David Tepper sell?

David Tepper sold 90K shares of MSFT between the quarter ended March 31, 2026 and June 30, 2026. The MSFT exit was the 22nd largest of the quarter's 34 position changes by percent change to portfolio.

Where does MSFT sit in the David Tepper portfolio?

Before the sale, MSFT carried 0.56% of the David Tepper portfolio, below the fund's average stock position of 4%. The largest stock position is AMZN at 15.95%. Next come MU at 15.06% and TSM at 10.55%. The three largest stocks together are 41.56% of the book. Across the 2026 Q2 portfolio, David Tepper reported 25 stock positions, with 6 opened and 12 closed. The total portfolio value is about $7.5B, up 26% from the prior quarter.

David Tepper buys and sells, 2026 Q2

How long has David Tepper held MSFT?

David Tepper held MSFT for about 6 years, from the quarter ended March 31, 2020 to March 31, 2026. The fund sold out of the name in 2013 Q3 and came back in 2020 Q1. The weight peaked at 11.3% in 2023 Q4. Last quarter the fund had already cut the position by 82%, so the exit finishes a two-quarter unwind. Every reported trade is on the David Tepper MSFT trade history page.

David Tepper shares of MSFT by quarter

Did other funds buy or sell MSFT in 2026 Q2?

Among the other tracked funds that had filed for 2026 Q2 as of August 14, 2026, 37 still hold MSFT. Another 3 sold out of it this quarter as well. Meanwhile 3 opened it. The largest buyers of MSFT this quarter were Lewis Sanders, Dodge & Cox Stock Fund and Bill Ackman. The largest sellers were Eagle Capital Management, Polen Capital Management and Chris Hohn. Every tracked holder of MSFT is on the MSFT ownership page.

FAQ

How many MSFT shares did David Tepper sell?

David Tepper sold all 90K shares of MSFT it reported a quarter earlier, worth about $33.3M.

When did David Tepper first buy MSFT?

David Tepper has held MSFT since at least the quarter ended June 30, 2013, the start of the filings we track.

How much of the David Tepper portfolio was MSFT?

MSFT was 0.56% of the David Tepper portfolio at the prior quarter-end, and 0% after the sale.

Did other funds sell MSFT in 2026 Q2?

3 other tracked funds sold out of MSFT in 2026 Q2 and 18 trimmed it; 37 still hold it.

Source: based on original SEC filings

Figures are from the fund's 13F, which lists long US-listed positions at quarter-end prices. Cash, short positions and most non-US holdings are not reported.
Stocks mentioned
Amelia Ingram
Amelia Ingram
Valuesider analyst