FilingsTodayAppaloosa
At a glance
Founded by David Tepper in 1993 and known for big returns from distressed debt and assets bought cheaply in crises. It now manages mostly Tepper’s own money and tends to hold a large share in big tech stocks.
At the end of 2026 Q2, Appaloosa's 13F listed 25 US stocks worth $7.47B. The largest position was Amazon COM at 16% of the portfolio, and the top 10 made up 81.6%, a concentrated book. The five biggest holdings were Amazon COM ($1.19B), Micron Technology ($1.13B), Taiwan Semiconductor Manufacturing ($788M), Alphabet ($653.7M) and Uber Technologies ($555.2M).
Against 2026 Q1, it opened 6 new positions and sold out of 12. The largest new positions were Boeing ($173.2M), American Airlines Group ($135.5M), CoreWeave ($107.3M), Broadcom ($56.7M) and Space Exploration Technologies ($38.4M). Among the bigger holdings it added to Amazon COM (+15.7% shares), Taiwan Semiconductor Manufacturing (+24.3% shares) and Alphabet (+6.8% shares). It trimmed Micron Technology (-41.4%), Alibaba Group Holding (-42.3%) and Advanced Micro Devices (-10.8%). Positions it exited include Sandisk, Corning, PDD Holdings, L3harris Technologies and RTX.
Over 8 quarters from 2024 Q3 to 2026 Q2, the reported portfolio went from $6.73B to $7.47B (+11%) and from 38 to 25 stocks. The largest holding changed over the period: BABA and AMZN. New positions and exits added up to 81 over these quarters.
Top 10 by weight
Quarter by quarter (last 8)
| Quarter | Total value | Stocks | New | Exited | Largest |
|---|---|---|---|---|---|
| 2026 Q2 | $7.47B | 25 | 6 | 12 | AMZN |
| 2026 Q1 | $5.93B | 31 | 2 | 9 | AMZN |
| 2025 Q4 | $6.85B | 38 | 2 | 9 | BABA |
| 2025 Q3 | $7.38B | 45 | 10 | 3 | BABA |
| 2025 Q2 | $6.45B | 38 | 8 | 4 | BABA |
| 2025 Q1 | $5.57B | 34 | 4 | 5 | BABA |
| 2024 Q4 | $6.46B | 35 | 2 | 5 | BABA |
| 2024 Q3 | $6.73B | 38 | - | - | BABA |
Holdings top 25
| Stock | Value | Weight | Share change |
|---|---|---|---|
| Amazon COM AMZNAdded | $1.19B | 15.95% | +15.7% |
| Micron Technology MUReduced | $1.13B | 15.06% | -41.4% |
| Taiwan Semiconductor Manufacturing TSMAdded | $788M | 10.55% | +24.3% |
| Alphabet GOOGLAdded | $653.7M | 8.75% | +6.8% |
| Uber Technologies UBERAdded | $555.2M | 7.43% | +21.5% |
| IsharesAdded | $489.6M | 6.55% | +1.0% |
| Meta Platforms METAAdded | $380.2M | 5.09% | +54.6% |
| Vistra VSTAdded | $351.4M | 4.70% | +9.5% |
| Nvidia NVDAAdded | $305.1M | 4.08% | +3.6% |
| NRG Energy NRGAdded | $257.1M | 3.44% | +1.5% |
| Alibaba Group Holding BABAReduced | $192M | 2.57% | -42.3% |
| Boeing BANew | $173.2M | 2.32% | New |
| LAM Research LRCX | $165.7M | 2.22% | 0.0% |
| Baidu BIDUAdded | $148M | 1.98% | +87.1% |
| American Airlines Group AALNew | $135.5M | 1.81% | New |
| Advanced Micro Devices AMDReduced | $114.7M | 1.54% | -10.8% |
| CoreWeave CRWVNew | $107.3M | 1.44% | New |
| Asml Holding ASMLAdded | $99.5M | 1.33% | +1.0% |
| Broadcom AVGONew | $56.7M | 0.76% | New |
| Qualcomm QCOMReduced | $46.2M | 0.62% | -49.9% |
| Space Exploration Technologies SPCXNew | $38.4M | 0.51% | New |
| Energy Transfer LP ET | $30.1M | 0.40% | 0.0% |
| Mplx LP MPLX | $28.3M | 0.38% | 0.0% |
| Whirlpool WHRReduced | $28.2M | 0.38% | -63.3% |
| Goodyear Tire & Rubber GTNew | $10M | 0.13% | New |
Sold out (vs 2026 Q1)
Source: SEC Form 13F. Options and bonds are excluded; multiple lines for the same stock are combined. Stocks are matched by their SEC-registered names.