David Tepper’s portfolio: Appaloosa Management 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001656456Latest: Q2 2026
Q3 2017 filing in brief
In its Q3 2017 13F, filed November 14, 2017, Appaloosa Management reported $7.1B across 48 US positions. The largest: MU (9.4%), BABA (8.6%), META (7.9%), GOOG (7.7%), ALLERGAN PLC (5.4%). In the quarter it opened 4 positions, sold out of 14, added to 14 and trimmed 27; positions opened and sold out came to 9.3% 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 Nov 14, 2017
- 4 New
- 14 Added
- 27 Trimmed
- 14 Exited
48 positions at September 30, 2017. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | MU | MICRON TECHNOLOGY INC | $671M | 17.1M | 9.42% | +32.2% | Added |
| 2 | BABA | ALIBABA GROUP HLDG LTD | $615M | 3.6M | 8.64% | −3.6% | Trimmed |
| 3 | META | FACEBOOK INC | $564M | 3.3M | 7.92% | +40.1% | Added |
| 4 | GOOG | ALPHABET INC | $545M | 568.0K | 7.65% | −2.9% | Trimmed |
| 5 | — | ALLERGAN PLC | $387M | 1.9M | 5.44% | −24.8% | Trimmed |
| 6 | AABAUSD | ALTABA INC | $310M | 4.7M | 4.36% | −8.7% | Trimmed |
| 7 | — | WILLIAMS PARTNERS L P NEW | $289M | 7.4M | 4.06% | −19.0% | Trimmed |
| 8 | WDC | WESTERN DIGITAL CORP | $222M | 2.6M | 3.13% | +0.2% | Held |
| 9 | — | ENERGY TRANSFER PARTNERS LP | $219M | 11.9M | 3.07% | −19.5% | Trimmed |
| 10 | NRG | NRG ENERGY INC | $216M | 8.4M | 3.03% | +575.3% | Added |
| 11 | AAPL | APPLE INC | $210M | 1.4M | 2.95% | +117.8% | Added |
| 12 | XLF | SELECT SECTOR SPDR TRcall option | $210M | 8.1M | 2.94% | — | New |
| 13 | — | POWERSHARES QQQ TRUST | $208M | 1.4M | 2.92% | −21.2% | Trimmed |
| 14 | ALLY | ALLY FINL INC | $165M | 6.8M | 2.32% | +520.4% | Added |
| 15 | OC | OWENS CORNING NEW | $165M | 2.1M | 2.31% | −14.8% | Trimmed |
| 16 | BAC | BANK AMER CORP | $160M | 6.3M | 2.25% | −27.9% | Trimmed |
| 17 | HUN | HUNTSMAN CORP | $141M | 5.1M | 1.98% | −4.2% | Trimmed |
| 18 | ALL | ALLSTATE CORP | $135M | 1.5M | 1.90% | −13.6% | Trimmed |
| 19 | UNH | UNITEDHEALTH GROUP INC | $131M | 669.0K | 1.84% | +43.3% | Added |
| 20 | URI | UNITED RENTALS INC | $129M | 931.9K | 1.82% | −19.3% | Trimmed |
| 21 | PNC | PNC FINL SVCS GROUP INC | $124M | 922.5K | 1.75% | −48.2% | Trimmed |
| 22 | — | TERRAFORM PWR INC | $113M | 8.6M | 1.59% | −1.8% | Trimmed |
| 23 | TMO | THERMO FISHER SCIENTIFIC INC | $112M | 592.0K | 1.57% | +57.9% | Added |
| 24 | BSX | BOSTON SCIENTIFIC CORP | $109M | 3.8M | 1.54% | +65.7% | Added |
| 25 | CNC | CENTENE CORP DEL | $105M | 1.1M | 1.48% | +12.6% | Added |
| 26 | — | ATLANTICA YIELD PLC | $92M | 4.7M | 1.29% | −0.5% | Held |
| 27 | ET | ENERGY TRANSFER EQUITY L P | $81M | 4.7M | 1.14% | +64.2% | Added |
| 28 | MHK | MOHAWK INDS INC | $79M | 317.7K | 1.10% | −31.5% | Trimmed |
| 29 | SYK | STRYKER CORP | $76M | 533.0K | 1.06% | +19.8% | Added |
| 30 | KMT | KENNAMETAL INC | $73M | 1.8M | 1.02% | +35.5% | Added |
| 31 | WHR | WHIRLPOOL CORP | $68M | 366.0K | 0.95% | −6.2% | Trimmed |
| 32 | KMI | KINDER MORGAN INC DEL | $65M | 3.4M | 0.92% | −13.6% | Trimmed |
| 33 | 7SU | SUMMIT MATLS INC | $63M | 2.0M | 0.88% | −11.4% | Trimmed |
| 34 | — | CBS CORP NEW | $52M | 898.3K | 0.73% | −13.0% | Trimmed |
| 35 | DG | DOLLAR GEN CORP NEW | $49M | 599.3K | 0.68% | −35.9% | Trimmed |
| 36 | LUV | SOUTHWEST AIRLS CO | $43M | 772.2K | 0.61% | +24.2% | Added |
| 37 | HAIN | HAIN CELESTIAL GROUP INC | $31M | 757.5K | 0.44% | −17.9% | Trimmed |
| 38 | BTU 8.5 PERP A | PEABODY ENERGY CORP NEW | $19M | 301.3K | 0.26% | — | New |
| 39 | HCA | HCA HEALTHCARE INC | $15M | 183.7K | 0.21% | +9.5% | Added |
| 40 | AMAT | APPLIED MATLS INC | $13M | 250.0K | 0.18% | — | New |
| 41 | GM | GENERAL MTRS CO | $10M | 250.0K | 0.14% | −86.8% | Trimmed |
| 42 | AERIEUR | AERIE PHARMACEUTICALS INC | $8M | 169.8K | 0.12% | −10.5% | Trimmed |
| 43 | — | WMIH CORP | $7M | 7.6M | 0.10% | 0.0% | Held |
| 44 | BTU | PEABODY ENERGY CORP NEW | $6M | 216.5K | 0.09% | −78.5% | Trimmed |
| 45 | XPO | XPO LOGISTICS INC | $4M | 64.3K | 0.06% | — | New |
| 46 | CHKEUR | CHESAPEAKE ENERGY CORP | $3M | 766.0K | 0.05% | −78.5% | Trimmed |
| 47 | AR | ANTERO RES CORP | $3M | 150.0K | 0.04% | −70.0% | Trimmed |
| 48 | RRC | RANGE RES CORP | $3M | 150.0K | 0.04% | −62.5% | Trimmed |
14 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 |
|---|---|---|---|
| IBB | ISHARES TR | $73M | 235.0K |
| LB | L BRANDS INC | $45M | 835.6K |
| DAL | DELTA AIR LINES INC DEL | $45M | 832.4K |
| WFC | WELLS FARGO CO NEW | $38M | 681.5K |
| CX | CEMEX SAB DE CV | $38M | 4.0M |
| XLV | SELECT SECTOR SPDR TR | $34M | 425.0K |
| ATVIEUR | ACTIVISION BLIZZARD INC | $30M | 525.0K |
| EXPE | EXPEDIA INC DEL | $30M | 200.0K |
| XBI | SPDR SERIES TRUST | $25M | 330.0K |
| SWN1EUR | SOUTHWESTERN ENERGY CO | $15M | 2.5M |
| RIO | RIO TINTO PLC | $10M | 238.3K |
| NUE | NUCOR CORP | $8M | 143.3K |
| HAIN | HAIN CELESTIAL GROUP INCcall option | $5M | 117.3K |
| KYN | KAYNE ANDERSON MLP INVT CO | $3M | 150.0K |
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.