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David Tepper Sold His Entire Sandisk Stake the Quarter the Stock Peaked

The Motley Fool·
David Tepper Sold His Entire Sandisk Stake the Quarter the Stock Peaked

David Tepper's Appaloosa fund sold its entire 281,250 Sandisk shares during Q2 2026, exiting during the stock's peak quarter when it rose 258%. The fund also trimmed its Micron position by 41% during the quarter, though Micron's 240% gain meant the reduced stake still doubled in value. Reports suggest Appaloosa bought back into memory stocks after quarter-end when prices fell, indicating profit-taking rather than a bearish stance on the sector.

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