(CNBC) David Tepper’s Appaloosa Management and three other hedge funds took new stakes in Chinese e-commerce giant Alibaba in the second quarter, according to the latest quarterly filings. Appaloosa disclosed a 3.7 million stake in shares of Alibaba, according to a Monday filing with the U.S. Securities and Exchange Commission. Dan Loeb’s Third Point bought 4.5 million shares….
Hedge-fund honchos including David Tepper are loading up on Alibaba
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