David Tepper has substantially reduced his equity portfolio in the last two quarters, according...

|By:, SA News Editor

David Tepper has substantially reduced his equity portfolio in the last two quarters, according to an SEC filing, as the value of his stock holdings at Q4's end fell to $765M from $4.2B two quarters prior. Tepper’s entire stakes in airlines AMR (AAMRQ.PK), Delta (DAL) and US Airways (LCC), plus all shares in Citigroup (C), are gone in the new filing. He opened a big new position in ORCL.