Appaloosa Unloads $117 Million of Whirlpool Shares Amid Declining Stock Price

Appaloosa, led by David Tepper, sold 1.59 million Whirlpool shares worth $117.38 million in Q4, reducing the fund's stake to 3.91 million shares valued at $282.07 million. The transaction represented 1.7% of reportable AUM, placing Whirlpool outside the fund's top five holdings. The post-trade stake now accounts for 4.07% of Appaloosa's reportable AUM.