David Tepper is still betting big on China - and now this American appliance maker

Dow Jones

2025/11/14

MW David Tepper is still betting big on China - and now this American appliance maker

By Steve Goldstein

Appliance maker Whirlpool has struggled as the housing market retreats, but Appaloosa purchase stock in the third quarter.

Famed investor David Tepper trimmed his stake in Chinese internet giant Alibaba, but is still betting big on stocks in the country, a securities filing shows - and snapped up a struggling American company too.

Tepper's Appaloosa bought 5.5 million shares of Whirlpool $(WHR)$ during the third quarter, according to a Securities and Exchange Commission 13-F filing.

Whirlpool shares rose 5% in premarket trade.

The stock has dropped 43% this year, as the company has resorted to promotional activity to drive sales given a rough housing market that has depressed appliance sales. Foreign rivals actively built up inventories ahead of tariffs, but Whirlpool expects the environment to become more favorable next year.

According to FactSet, Whirlpool trades on less than 10 times estimated 2025 earnings per share.

Appaloosa did trim stakes in top holdings Alibaba $(BABA)$ and Amazon.com (AMZN) during the quarter, while nearly doubling its stake in the KraneShares CSI China Internet ETF KWEB.

Last year, Tepper in an CNBC interview famously said he was buying "everything" after the Chinese government announced stimulus measures.

-Steve Goldstein

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

November 14, 2025 04:55 ET (09:55 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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Foreign rivals actively built up inventories ahead of tariffs, but Whirlpool expects the environment to become more favorable next year. \n</p>\n<p>\n     According to FactSet, Whirlpool trades on less than 10 times estimated 2025 earnings per share. \n</p>\n<p>\n     Appaloosa did trim stakes in top holdings Alibaba <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> and <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>.com (AMZN) during the quarter, while nearly doubling its stake in the KraneShares CSI China Internet ETF KWEB. \n</p>\n<p>\n     Last year, Tepper in an CNBC interview famously said he was buying \"everything\" after the Chinese government announced stimulus measures. \n</p>\n<p>\n     -Steve Goldstein \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 14, 2025 04:55 ET (09:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>David Tepper is still betting big on China - and now this American appliance maker</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDavid Tepper is still betting big on China - and now this American appliance maker\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-14 17:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW David Tepper is still betting big on China - and now this American appliance maker\n</p>\n<p>\n  By Steve Goldstein \n</p>\n<p>\n     Appliance maker Whirlpool has struggled as the housing market retreats, but Appaloosa purchase stock in the third quarter. \n</p>\n<p>\n     Famed investor David Tepper trimmed his stake in Chinese internet giant Alibaba, but is still betting big on stocks in the country, a securities filing shows - and snapped up a struggling American company too. \n</p>\n<p>\n     Tepper's Appaloosa bought 5.5 million shares of Whirlpool  <a href=\"https://laohu8.com/S/WHR\">$(WHR)$</a> during the third quarter, according to a Securities and Exchange Commission 13-F filing. \n</p>\n<p>\n     Whirlpool shares rose 5% in premarket trade. \n</p>\n<p>\n     The stock has dropped 43% this year, as the company has resorted to promotional activity to drive sales given a rough housing market that has depressed appliance sales. Foreign rivals actively built up inventories ahead of tariffs, but Whirlpool expects the environment to become more favorable next year. \n</p>\n<p>\n     According to FactSet, Whirlpool trades on less than 10 times estimated 2025 earnings per share. \n</p>\n<p>\n     Appaloosa did trim stakes in top holdings Alibaba <a href=\"https://laohu8.com/S/BABA\">$(BABA)$</a> and <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>.com (AMZN) during the quarter, while nearly doubling its stake in the KraneShares CSI China Internet ETF KWEB. \n</p>\n<p>\n     Last year, Tepper in an CNBC interview famously said he was buying \"everything\" after the Chinese government announced stimulus measures. \n</p>\n<p>\n     -Steve Goldstein \n</p>\n<p>\n     This content was created by MarketWatch, which is operated by Dow Jones &amp; Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 14, 2025 04:55 ET (09:55 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1267930730.SGD","symbol_name":"富兰克林美国机遇基金AS Acc SGD (CPF)","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2583571749","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583571749","pubTimestamp":1763114100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Appliance maker Whirlpool has struggled as the housing market retreats, but Appaloosa purchase stock in the third quarter.Famed investor David Tepper trimmed his stake in Chinese internet giant Alibaba, but is still betting big on stocks in the country, a securities filing shows - and snapped up a struggling American company too.Tepper's Appaloosa bought 5.5 million shares of Whirlpool   during the third quarter, according to a Securities and Exchange Commission 13-F filing.The stock has dropped 43% this year, as the company has resorted to promotional activity to drive sales given a rough housing market that has depressed appliance sales. Foreign rivals actively built up inventories ahead of tariffs, but Whirlpool expects the environment to become more favorable next year.According to FactSet, Whirlpool trades on less than 10 times estimated 2025 earnings per share.Appaloosa did trim stakes in top holdings Alibaba  and Amazon.com  during the quarter, while nearly doubling its stake in","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","SGXZ23171101.USD":"NIKKO AM SHENTON GLOBAL OPPORTUNITIES (USD) ACC","LU2317271919.USD":"BGF FUTURE CONSUMER \"A2\" (USD) ACC","LU2264538146.SGD":"Fullerton Lux Funds - Global Absolute Alpha A Acc SGD","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU0918141887.USD":"安联亚洲实际收益股票基金","LU0154236417.USD":"BGF US FLEXIBLE EQUITY \"A2\" ACC","KWEB":"中国海外互联网ETF-KraneShares","BK4107":"财产与意外伤害保险","LU1244550494.USD":"FRANKLIN GLOBAL MULTI-ASSET INCOME \"A\" (USDHEDGED) ACC","LU2065169927.USD":"M&G (LUX) GLOBAL MAXIMA \"A\" (USD) ACC","USAW.SI":"AMZN 3xLongSG261006","IE0009G5SDU7.USD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (USD) INC","LU1316542783.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD","LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","LU2860962120.EUR":"CPR INVEST - ARTIFICIAL INTELLIGENCE \"A2\" (EUR) ACC A","LU1852331112.SGD":"Blackrock World Technology Fund A2 SGD-H","BK4559":"巴菲特持仓","LU0210533765.USD":"JPM GLOBAL GROWTH \"A\" (USD) ACC","BK4191":"家用电器","IE00BQXX3F31.USD":"GUINNESS GLOBAL INNOVATORS \"C\" (USD) ACC","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","BK4614":"Manus概念股","LU0251132253.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) ACC","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU2750360641.GBP":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (GBPHDG) INC","WHR":"惠而浦","BK4550":"红杉资本持仓","LU0067412154.USD":"UBS (LUX) EQUITY FUND -  CHINA OPPORTUNITY \"P\" (USD) ACC","LU2750360997.AUD":"INVESCO GLOBAL EQUITY INCOME ADVANTAGE \"A\" (AUDHDG) INC","BK4507":"流媒体概念","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","BK4565":"NFT概念","LU0158827781.USD":" ALLIANZ GLOBAL SUSTAINABILITY \"AT\" (USD) ACC","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","BK4551":"寇图资本持仓","LU1868837300.USD":"CT (LUX) I AMERICAN FUND \"9\" (USD) ACC","LU1145028129.USD":"ALLIANZ INCOME AND GROWTH \"AQ\" (USD) INC","LU1066053197.SGD":"HSBC GIF GLOBAL EQUITY VOLATILITY FOCUSED \"AM3\" (SGDHDG) INC","LU0949170772.SGD":"Blackrock Global Equity Income A6 SGD-H","AFG":"美国金融集团有限公司","LU2746668974.SGD":"MANULIFE DYNAMIC LEADERS \"AA\" (SGDHDG) ACC","BK4604":"机器人概念","LU2148611432.USD":"AZ ALLOCATION BALANCED BRAVE \"AAZ\" (USDHDG) ACC"},"translate_title":"大卫·泰珀(David Tepper)仍在中国上下大赌注——现在这家美国家电制造商","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WHR":1,"AFG":1.5,"USAW.SI":0.6,"KWEB":0.71},"content_text":"MW David Tepper is still betting big on China - and now this American appliance maker\n\n\n  By Steve Goldstein \n\n\n     Appliance maker Whirlpool has struggled as the housing market retreats, but Appaloosa purchase stock in the third quarter. \n\n\n     Famed investor David Tepper trimmed his stake in Chinese internet giant Alibaba, but is still betting big on stocks in the country, a securities filing shows - and snapped up a struggling American company too. \n\n\n     Tepper's Appaloosa bought 5.5 million shares of Whirlpool  $(WHR)$ during the third quarter, according to a Securities and Exchange Commission 13-F filing. \n\n\n     Whirlpool shares rose 5% in premarket trade. \n\n\n     The stock has dropped 43% this year, as the company has resorted to promotional activity to drive sales given a rough housing market that has depressed appliance sales. Foreign rivals actively built up inventories ahead of tariffs, but Whirlpool expects the environment to become more favorable next year. \n\n\n     According to FactSet, Whirlpool trades on less than 10 times estimated 2025 earnings per share. \n\n\n     Appaloosa did trim stakes in top holdings Alibaba $(BABA)$ and Amazon.com (AMZN) during the quarter, while nearly doubling its stake in the KraneShares CSI China Internet ETF KWEB. \n\n\n     Last year, Tepper in an CNBC interview famously said he was buying \"everything\" after the Chinese government announced stimulus measures. \n\n\n     -Steve Goldstein \n\n\n     This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 14, 2025 04:55 ET (09:55 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}