Billionaire David Tepper showcased his style as a contrarian investor, scooping up shares of beleaguered UnitedHealth Group Inc. in the second quarter while trimming stakes in Chinese stocks.
Tepper’s Appaloosa Management LP boosted its holdings of the health insurance giant by 2.3 million shares, valuing the stake at $764 million, according to a 13F filing Thursday and Bloomberg data analysis.
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