Star investor Tepper further reduces holdings in JD, Alibaba, and Pinduoduo, completely exits Beike.

Analysis of the 13F filings submitted by Appaloosa LP shows that billionaire investor David Tepper's hedge fund further reduced its holdings in JD.com, Alibaba, and Pinduoduo in the third quarter, while increasing its holdings in Baidu and KraneShares CSI China Internet ETF, and liquidating its position in Beike.