David Tepper’s portfolio: Appaloosa Management 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001656456Latest: Q2 2026
Q1 2017 filing in brief
In its Q1 2017 13F, filed May 12, 2017, Appaloosa Management reported $6.1B across 53 US positions. The largest: ALLERGAN PLC (11.5%), ENERGY TRANSFER PRTNRS L P (7.2%), WILLIAMS PARTNERS L P NEW (6.7%), GOOG (6.5%), META (4.5%). In the quarter it opened 11 positions, sold out of 12, added to 16 and trimmed 19; positions opened and sold out came to 29.8% of the portfolio's value.
Methodology
Holdings come from the manager’s Form 13F-HR filings on SEC EDGAR, with amendments applied. Values and shares are reported at quarter-end; the filing date is when the report became public. These disclosures show reported long positions and listed options, not the manager’s entire portfolio or its trades since quarter-end.
Quarterly changes compare shares with the immediately preceding quarter on file. New and exited positions appear or disappear; added and trimmed positions change their share count by more than 1%. A share change can also reflect a stock split or other corporate action.
Opened and sold out is the value of new positions plus the prior value of exited positions, divided by the average of the two quarters’ reported portfolio values. It excludes changes to positions still held. Reported value growth includes price changes and is not a measure of investment performance. Largest-five and largest-ten weights exclude options.
Holdings
Filed May 12, 2017
- 11 New
- 16 Added
- 19 Trimmed
- 12 Exited
53 positions at March 31, 2017. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | — | ALLERGAN PLC | $702M | 2.9M | 11.53% | −31.1% | Trimmed |
| 2 | — | ENERGY TRANSFER PRTNRS L P | $437M | 12.0M | 7.18% | 0.0% | Held |
| 3 | — | WILLIAMS PARTNERS L P NEW | $407M | 10.0M | 6.69% | +5.1% | Added |
| 4 | GOOG | ALPHABET INC | $394M | 475.0K | 6.47% | −1.7% | Trimmed |
| 5 | SPY | SPDR S&P 500 ETF TRcall option | $354M | 1.5M | 5.81% | — | New |
| 6 | META | FACEBOOK INC | $271M | 1.9M | 4.45% | −12.6% | Trimmed |
| 7 | PNC | PNC FINL SVCS GROUP INC | $235M | 2.0M | 3.85% | 0.0% | Held |
| 8 | BAC | BANK AMER CORP | $207M | 8.8M | 3.40% | — | New |
| 9 | MU | MICRON TECHNOLOGY INC | $193M | 6.7M | 3.18% | +105.8% | Added |
| 10 | GM | GENERAL MTRS CO | $183M | 5.2M | 3.01% | — | New |
| 11 | LUV | SOUTHWEST AIRLS CO | $166M | 3.1M | 2.73% | +159.4% | Added |
| 12 | OC | OWENS CORNING NEW | $160M | 2.6M | 2.63% | −3.9% | Trimmed |
| 13 | ALL | ALLSTATE CORP | $151M | 1.9M | 2.48% | −28.5% | Trimmed |
| 14 | HUN | HUNTSMAN CORP | $137M | 5.6M | 2.24% | −2.6% | Trimmed |
| 15 | MHK | MOHAWK INDS INC | $129M | 563.6K | 2.12% | −10.8% | Trimmed |
| 16 | RF | REGIONS FINL CORP NEW | $128M | 8.8M | 2.10% | +20.0% | Added |
| 17 | KMI | KINDER MORGAN INC DEL | $115M | 5.3M | 1.88% | +29.7% | Added |
| 18 | — | ATLANTICA YIELD PLC | $109M | 5.2M | 1.79% | −10.8% | Trimmed |
| 19 | — | TERRAFORM PWR INC | $108M | 8.7M | 1.77% | 0.0% | Held |
| 20 | WDC | WESTERN DIGITAL CORP | $107M | 1.3M | 1.76% | +16.1% | Added |
| 21 | PFE | PFIZER INC | $103M | 3.0M | 1.70% | −37.2% | Trimmed |
| 22 | — | YAHOO INC | $102M | 2.2M | 1.68% | +63.0% | Added |
| 23 | URI | UNITED RENTALS INC | $88M | 703.1K | 1.44% | +7.0% | Added |
| 24 | CNC | CENTENE CORP DEL | $84M | 1.2M | 1.38% | +49.6% | Added |
| 25 | BSX | BOSTON SCIENTIFIC CORP | $83M | 3.3M | 1.36% | +507.3% | Added |
| 26 | WHR | WHIRLPOOL CORP | $83M | 481.9K | 1.36% | −15.0% | Trimmed |
| 27 | — | MYLAN N V | $74M | 1.9M | 1.22% | −42.0% | Trimmed |
| 28 | — | CBS CORP NEW | $72M | 1.0M | 1.19% | — | New |
| 29 | TEVA | TEVA PHARMACEUTICAL INDS LTD | $70M | 2.2M | 1.15% | −57.0% | Trimmed |
| 30 | 7SU | SUMMIT MATLS INC | $63M | 2.6M | 1.04% | +51.5% | Added |
| 31 | UNH | UNITEDHEALTH GROUP INC | $49M | 300.0K | 0.81% | — | New |
| 32 | SYMCEUR | SYMANTEC CORP | $48M | 1.6M | 0.78% | — | New |
| 33 | HCA | HCA HOLDINGS INC | $43M | 487.7K | 0.71% | −57.4% | Trimmed |
| 34 | AAPL | APPLE INC | $43M | 300.0K | 0.71% | −33.3% | Trimmed |
| 35 | CHTR | CHARTER COMMUNICATIONS INC N | $42M | 129.8K | 0.70% | — | New |
| 36 | — | ARCELORMITTAL SA LUXEMBOURG | $42M | 5.0M | 0.68% | +410.5% | Added |
| 37 | KMT | KENNAMETAL INC | $39M | 1.0M | 0.65% | −0.4% | Held |
| 38 | NUE | NUCOR CORP | $32M | 542.7K | 0.53% | — | New |
| 39 | DAL | DELTA AIR LINES INC DEL | $29M | 639.0K | 0.48% | +168.5% | Added |
| 40 | HAIN | HAIN CELESTIAL GROUP INC | $29M | 774.2K | 0.47% | −23.8% | Trimmed |
| 41 | AMLPUSD | ALPS ETF TR | $27M | 2.1M | 0.44% | −55.7% | Trimmed |
| 42 | UAL | UNITED CONTL HLDGS INC | $26M | 364.6K | 0.42% | +127.9% | Added |
| 43 | TMO | THERMO FISHER SCIENTIFIC INC | $25M | 160.0K | 0.40% | — | New |
| 44 | — | TERRAFORM GLOBAL INC | $18M | 3.8M | 0.30% | 0.0% | Held |
| 45 | RIO | RIO TINTO PLC | $16M | 395.1K | 0.26% | +334.0% | Added |
| 46 | USX1 | UNITED STATES STL CORP NEW | $15M | 453.3K | 0.25% | +25.9% | Added |
| 47 | MCK | MCKESSON CORP | $15M | 100.0K | 0.24% | −63.6% | Trimmed |
| 48 | KYN | KAYNE ANDERSON MLP INVT CO | $13M | 642.0K | 0.22% | −17.8% | Trimmed |
| 49 | — | WMIH CORP | $11M | 7.6M | 0.18% | 0.0% | Held |
| 50 | AKS1EUR | AK STL HLDG CORP | $4M | 534.3K | 0.06% | — | New |
| 51 | GT | GOODYEAR TIRE & RUBR CO | $3M | 76.0K | 0.04% | −67.9% | Trimmed |
| 52 | SNAP | SNAP INC | $2M | 100.0K | 0.04% | — | New |
| 53 | — | KINDER MORGAN INC DEL | $2K | 793.8K | 0.00% | 0.0% | Held |
12 exited positions
Positions held in the preceding quarter and absent from this filing. Values and shares are from the preceding quarter.
| Ticker | Issuer | Previous value | Previous shares |
|---|---|---|---|
| SPY | SPDR S&P 500 ETF TRput option | $224M | 1.0M |
| CFG | CITIZENS FINL GROUP INC | $101M | 2.8M |
| QCOM | QUALCOMM INC | $91M | 1.4M |
| SGI | TEMPUR SEALY INTL INC | $79M | 1.2M |
| CMA | COMERICA INC | $78M | 1.2M |
| AAL | AMERICAN AIRLS GROUP INC | $60M | 1.3M |
| JCPCHF | PENNEY J C INC | $42M | 5.1M |
| BMY | BRISTOL MYERS SQUIBB CO | $22M | 375.0K |
| TECK | TECK RESOURCES LTD | $20M | 985.0K |
| SPY | SPDR S&P 500 ETF TR | $5M | 22.9K |
| — | GENERAL MTRS CO | $3M | 190.0K |
| ARCH1EUR | ARCH COAL INC | $2M | 27.2K |
Every quarter on file (42)
From the manager’s Form 13F-HR filings on SEC EDGAR, amendments applied. Long US positions only; not a recommendation.