$LSXMA $WWE $FHN $HZNP $M $FIVN $RBA $SGEN $TNDM $W

Appaloosa's David Tepper went all in during the second quarter. He increased long exposure in 22 of his top 25 positions!

Tepper also increased/bought new stakes in $AMD $GOOGL $TSM $AAPL $INTC $UBER

13F AUM of $5.38 billion with an average 13F holding period of 6.21 quarters.

Top 25 Positions:

Coatue Management's 13F positions as of Q2:

Top Positions:

Top Buys: $AMZN $MSFT $AMD $ORCL $EQIX

Top Sales: $META $NFLX $ADBE $GOOG $DOCU

New Positions: $ORCL $EQX $ETN $ULTA $DHR

Top 25 Positions:

On August 9, SolarEdge CFO Ronen Faier purchased 875 shares of $SEDG worth $157,588. This marks the first SolarEdge insider purchase since the company's IPO in 2015.

According to SecForm4, insiders have sold $420 million and bought $157,588 worth of shares since 2015. Shoutout to Ronen for finally having some conviction (backed by capital) in his company.

$CROX is down by about 3% this year, driven by a recent earnings decline.

That must have been the signal for insiders to buy in:

I recently increased by CROX position by 40%, my first time buying shares since 2022.

"While the equity rally might be good for those who are long the market, it’s been quite challenging for hedge fund shorts and the rally seems to be inducing broad capitulation in the form of de-grossing."

-JP Morgan

Personal Portfolio

As of July 31, 2023

-Top 10 Positions: 77.2%

-Cash: 11.3%

-Rest of Portfolio: 11.5%

Large multi-strategy hedge funds are underperforming the market this year following a breakout 2022.

Citadel Wellington Fund: 7.15%

Point72: 6.13%

Millennium Management: 2.80%

Source: Business Insider

Personal Portfolio

As of June 30, 2023

-Top 10 Positions: 77.7%

-Cash: 13.2%

-Rest of Portfolio: 9.1%

Mid-year portfolio review coming out soon on Substack!