I'm Carl Kintanilla. You're listening to CNBC's Tech Check. Our show is live weekdays at 11 a.m. Eastern. Listen in.

Good Tuesday morning. Welcome to Tech Check on Dear Triposa with John Fort. Carl is off. We're going to start with the debate for tech investors.

New filings reveal shorts and Apple, big losses for Tiger Global. Meanwhile, fund managers

like David Tepper adding to positions in both Alphabet and Amazon. So who is on the right track

here? Wolf this morning called those two stocks and meta. Its top picks in the second half. John

Wolf did lower its price target for Amazon, though, and had this and

that no, which I think is interesting, expects, quote, many companies to revisit their investment

plan. So we could see some more action, some more downside, at least in terms of that OpX and

CapEx? Yeah, absolutely. And life coming out as fast as we track the markets these days.

Got to keep in mind, these 13 Fs are from Q1, which feels like a lifetime ago.

The right move in tech in Q1 was to buy nothing, really.

I mean, Alphabet, Amazon, both cheaper today than they were at any point in Q1.

If you caught the very lows in meta, though,

which I think we're around what, 186, then you're better off there. Apple peaked at $3 trillion

at the very beginning of the year, the $3 trillion market cap level. It's well below that at about

2.4, but that doesn't mean you want to short it here, Dee.

So I think reading 13S is a little bit like DVRing in a playoff game and watching it a day

later. It's good for the highlights, but not so much for placing bets. But, you know, Leslie

always does a good job framing that for us, Leslie Picker. It kind of tells you, too, you know, how much the market has come down because those numbers were so different at the end of the first quarter. As you said, John, though, many said that maybe you just wanted to hold cash, and that would have been a good back. Meanwhile, we've been talking about it. Gross stocks, they have been grinding lower all year. So some of those major funds did cut their exposure in Q1. Leslie Picker has more on those moves. Leslie.

Dear Dren, John, don't worry, I've got my DVRs all set so we could go through these filings simultaneously.

They were due last night painting a picture of how fund managers have been trading the tech volatility of 2020.

And as you can imagine, there was

...