David Tepper Trims Apple Inc. (AAPL), Buys Hess Corp. In Q1

David Tepper, founder of Appaloosa Management filed 13f with SEC today. Tepper was on CNBC’s Squawk Box yesterday and talked about how bullish he is on the equity market and sees no near term chances of correction. David Tepper has been a long-only investor in equities for a while now—in his public equities portfolio, the top five positions are in Citigroup Inc (NYSE:C), United Continental Holdings Inc (NYSE:UAL), Apple Inc. (NASDAQ:AAPL), QUALCOMM, Inc. (NASDAQ:QCOM) and The Goodyear Tire & Rubber Company (NASDAQ:GT). On CNBC, Tepper said that Apple Inc. (NASDAQ:AAPL) has to make a new product, a bigger screen or a cheaper phone, in order to excite…