It looks like David Tepper, the manager of the $15 billion hedge fund Appaloosa, is no longer one of the bigger bulls when it comes to the financials, according to CNBC.
While Tepper won’t comment, I’m hearing he has completely eliminated his 17 million shares position (at last 13-F filing) in Bank of America, as well as, selling his entire position in Wells Fargo.
While Appaloosa still has a position in Citi we’re told it has also been sharply reduced…
Find out more at http://www.cnbc.com/id/44060085
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