NEW YORK ( TheStreet) -- David Tepper, who managed some of the best-performing hedge funds last year, boosted his Citigroup (C - Get Report) holdings and initiated a position in Wells Fargo (WFC - Get Report) during the fourth-quarter, when the banks' shares fell, according to a regulatory filing.Tepper, who specializes in distressed debt, ranked in the top 1% of hedge fund managers in 2009. His four funds -- Appaloosa Investment, Palamino and Thoroughbred onshore and offshore -- rose at least 84% each.
Appaloosa's Tepper Buys Citigroup, Wells Fargo
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