David Tepper’s portfolio: Appaloosa Management 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001656456Latest: Q2 2026
Q4 2017 filing in brief
In its Q4 2017 13F, filed February 14, 2018, Appaloosa Management reported $10.7B across 50 US positions. The largest: MU (10.5%), META (9.1%), POWERSHARES QQQ TRUST (8.4%), AAPL (7.2%), BABA (6.9%). In the quarter it opened 15 positions, sold out of 13, added to 17 and trimmed 17; positions opened and sold out came to 24.4% 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 Feb 14, 2018
- 15 New
- 17 Added
- 17 Trimmed
- 13 Exited
50 positions at December 31, 2017. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | MU | MICRON TECHNOLOGY INC | $1.1B | 27.5M | 10.53% | +61.3% | Added |
| 2 | META | FACEBOOK INC | $976M | 5.5M | 9.09% | +67.6% | Added |
| 3 | — | POWERSHARES QQQ TRUST | $903M | 5.8M | 8.42% | +305.6% | Added |
| 4 | AAPL | APPLE INC | $776M | 4.6M | 7.23% | +237.1% | Added |
| 5 | BABA | ALIBABA GROUP HLDG LTD | $745M | 4.3M | 6.94% | +21.3% | Added |
| 6 | AABAUSD | ALTABA INC | $619M | 8.9M | 5.77% | +89.3% | Added |
| 7 | — | ALLERGAN PLC | $567M | 3.5M | 5.28% | +83.6% | Added |
| 8 | BAC | BANK AMER CORP | $506M | 17.1M | 4.72% | +171.0% | Added |
| 9 | EEM | ISHARES TR | $429M | 9.1M | 3.99% | — | New |
| 10 | GOOG | ALPHABET INC | $372M | 355.7K | 3.47% | −37.4% | Trimmed |
| 11 | XLF | SELECT SECTOR SPDR TR | $279M | 10.0M | 2.60% | — | New |
| 12 | NRG | NRG ENERGY INC | $278M | 9.8M | 2.59% | +15.6% | Added |
| 13 | TMUS | T MOBILE US INC | $245M | 3.9M | 2.28% | — | New |
| 14 | ALLY | ALLY FINL INC | $234M | 8.0M | 2.18% | +18.0% | Added |
| 15 | XPO | XPO LOGISTICS INC | $202M | 2.2M | 1.88% | +3326.8% | Added |
| 16 | — | ENERGY TRANSFER PARTNERS LP | $147M | 8.2M | 1.37% | −31.5% | Trimmed |
| 17 | XLE | SELECT SECTOR SPDR TRcall option | $145M | 2.0M | 1.35% | — | New |
| 18 | — | WILLIAMS PARTNERS L P NEW | $144M | 3.7M | 1.34% | −50.0% | Trimmed |
| 19 | URI | UNITED RENTALS INC | $131M | 761.5K | 1.22% | −18.3% | Trimmed |
| 20 | UNH | UNITEDHEALTH GROUP INC | $130M | 591.6K | 1.22% | −11.6% | Trimmed |
| 21 | BSX | BOSTON SCIENTIFIC CORP | $119M | 4.8M | 1.10% | +27.4% | Added |
| 22 | TMO | THERMO FISHER SCIENTIFIC INC | $109M | 572.0K | 1.01% | −3.4% | Trimmed |
| 23 | CZR 5 10/01/24 | CAESARS ENTMT CORP | $96M | 49.0M | 0.89% | — | New |
| 24 | OC | OWENS CORNING NEW | $91M | 988.0K | 0.85% | −53.6% | Trimmed |
| 25 | HUN | HUNTSMAN CORP | $88M | 2.6M | 0.82% | −48.7% | Trimmed |
| 26 | ET | ENERGY TRANSFER EQUITY L P | $87M | 5.1M | 0.81% | +8.3% | Added |
| 27 | CMCSA | COMCAST CORP NEW | $80M | 2.0M | 0.74% | — | New |
| 28 | ALL | ALLSTATE CORP | $79M | 758.1K | 0.74% | −48.4% | Trimmed |
| 29 | 7SU | SUMMIT MATLS INC | $79M | 2.5M | 0.74% | +27.8% | Added |
| 30 | MGM | MGM RESORTS INTERNATIONAL | $78M | 2.3M | 0.72% | — | New |
| 31 | DG | DOLLAR GEN CORP NEW | $77M | 824.6K | 0.71% | +37.6% | Added |
| 32 | CNC | CENTENE CORP DEL | $77M | 758.7K | 0.71% | −30.1% | Trimmed |
| 33 | — | ATLANTICA YIELD PLC | $75M | 3.5M | 0.70% | −24.2% | Trimmed |
| 34 | XOP | SPDR SERIES TRUSTcall option | $75M | 2.0M | 0.70% | — | New |
| 35 | CZR | CAESARS ENTMT CORP | $74M | 5.9M | 0.69% | — | New |
| 36 | KMT | KENNAMETAL INC | $68M | 1.4M | 0.64% | −21.6% | Trimmed |
| 37 | SYK | STRYKER CORP | $57M | 371.0K | 0.54% | −30.4% | Trimmed |
| 38 | TERPEUR | TERRAFORM PWR INC | $56M | 4.6M | 0.52% | — | New |
| 39 | PCG | PG&E CORP | $51M | 1.1M | 0.47% | — | New |
| 40 | HCA | HCA HEALTHCARE INC | $49M | 552.9K | 0.45% | +201.0% | Added |
| 41 | WDC | WESTERN DIGITAL CORP | $48M | 600.0K | 0.44% | −76.7% | Trimmed |
| 42 | — | VENATOR MATLS PLC | $39M | 1.7M | 0.36% | — | New |
| 43 | XLF | SELECT SECTOR SPDR TRcall option | $35M | 1.3M | 0.33% | −84.5% | Trimmed |
| 44 | BTU 8.5 PERP A | PEABODY ENERGY CORP NEW | $23M | 314.1K | 0.22% | +4.2% | Added |
| 45 | MHK | MOHAWK INDS INC | $19M | 69.3K | 0.18% | −78.2% | Trimmed |
| 46 | VST | VISTRA ENERGY CORP | $18M | 961.3K | 0.16% | — | New |
| 47 | CSX | CSX CORP | $10M | 175.5K | 0.09% | — | New |
| 48 | LNG | CHENIERE ENERGY INC | $10M | 177.0K | 0.09% | — | New |
| 49 | — | WMIH CORP | $6M | 7.6M | 0.06% | 0.0% | Held |
| 50 | LUV | SOUTHWEST AIRLS CO | $5M | 74.3K | 0.05% | −90.4% | Trimmed |
13 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 |
|---|---|---|---|
| PNC | PNC FINL SVCS GROUP INC | $124M | 922.5K |
| — | TERRAFORM PWR INC | $113M | 8.6M |
| WHR | WHIRLPOOL CORP | $68M | 366.0K |
| KMI | KINDER MORGAN INC DEL | $65M | 3.4M |
| — | CBS CORP NEW | $52M | 898.3K |
| HAIN | HAIN CELESTIAL GROUP INC | $31M | 757.5K |
| AMAT | APPLIED MATLS INC | $13M | 250.0K |
| GM | GENERAL MTRS CO | $10M | 250.0K |
| AERIEUR | AERIE PHARMACEUTICALS INC | $8M | 169.8K |
| BTU | PEABODY ENERGY CORP NEW | $6M | 216.5K |
| CHKEUR | CHESAPEAKE ENERGY CORP | $3M | 766.0K |
| AR | ANTERO RES CORP | $3M | 150.0K |
| RRC | RANGE RES CORP | $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.