David Tepper’s portfolio: Appaloosa Management 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001656456Latest: Q2 2026
Q2 2018 filing in brief
In its Q2 2018 13F, filed August 14, 2018, Appaloosa Management reported $8.8B across 49 US positions. The largest: MU (24.2%), META (11.2%), ALLERGAN PLC (6.4%), BABA (5.6%), AABAUSD (5.3%). In the quarter it opened 7 positions, sold out of 11, added to 11 and trimmed 27; positions opened and sold out came to 9.4% 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 Aug 14, 2018
- 7 New
- 11 Added
- 27 Trimmed
- 11 Exited
49 positions at June 30, 2018. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | MU | MICRON TECHNOLOGY INC | $2.1B | 40.5M | 24.19% | +14.5% | Added |
| 2 | META | FACEBOOK INC | $986M | 5.1M | 11.23% | −18.3% | Trimmed |
| 3 | — | ALLERGAN PLC | $565M | 3.4M | 6.43% | −8.4% | Trimmed |
| 4 | BABA | ALIBABA GROUP HLDG LTD | $490M | 2.6M | 5.58% | −34.8% | Trimmed |
| 5 | AABAUSD | ALTABA INC | $469M | 6.4M | 5.34% | −20.1% | Trimmed |
| 6 | GOOG | ALPHABET INC | $369M | 331.0K | 4.20% | −18.4% | Trimmed |
| 7 | TMUS | T MOBILE US INC | $239M | 4.0M | 2.72% | −3.6% | Trimmed |
| 8 | LRCX | LAM RESEARCH CORP | $239M | 1.4M | 2.72% | +6.5% | Added |
| 9 | BAC | BANK AMER CORP | $204M | 7.2M | 2.32% | −33.9% | Trimmed |
| 10 | WFC | WELLS FARGO CO NEW | $181M | 3.3M | 2.06% | +10.8% | Added |
| 11 | CZR | CAESARS ENTMT CORP | $169M | 15.8M | 1.92% | +24.6% | Added |
| 12 | XPO | XPO LOGISTICS INC | $165M | 1.6M | 1.88% | −22.9% | Trimmed |
| 13 | UNH | UNITEDHEALTH GROUP INC | $130M | 529.4K | 1.48% | −25.1% | Trimmed |
| 14 | ALLY | ALLY FINL INC | $127M | 4.8M | 1.44% | −39.4% | Trimmed |
| 15 | CNC | CENTENE CORP DEL | $126M | 1.0M | 1.44% | −16.2% | Trimmed |
| 16 | TMO | THERMO FISHER SCIENTIFIC INC | $121M | 585.0K | 1.38% | −2.0% | Trimmed |
| 17 | — | ENERGY TRANSFER PARTNERS LP | $106M | 5.6M | 1.20% | −17.0% | Trimmed |
| 18 | — | UBS GROUP AG | $106M | 6.8M | 1.20% | −1.8% | Trimmed |
| 19 | KEY | KEYCORP NEW | $105M | 5.4M | 1.19% | — | New |
| 20 | ET | ENERGY TRANSFER EQUITY L P | $103M | 6.0M | 1.17% | −5.0% | Trimmed |
| 21 | HUN | HUNTSMAN CORP | $91M | 3.1M | 1.03% | −16.8% | Trimmed |
| 22 | DG | DOLLAR GEN CORP NEW | $91M | 918.7K | 1.03% | −24.4% | Trimmed |
| 23 | OC | OWENS CORNING NEW | $89M | 1.4M | 1.02% | −0.5% | Held |
| 24 | — | WILLIAMS PARTNERS L P NEW | $86M | 2.1M | 0.98% | −22.2% | Trimmed |
| 25 | WDC | WESTERN DIGITAL CORP | $85M | 1.1M | 0.97% | +119.9% | Added |
| 26 | CZR 5 10/01/24 | CAESARS ENTMT CORP | $84M | 49.0M | 0.96% | 0.0% | Held |
| 27 | BSX | BOSTON SCIENTIFIC CORP | $83M | 2.5M | 0.94% | −35.4% | Trimmed |
| 28 | LNG | CHENIERE ENERGY INC | $80M | 1.2M | 0.91% | +33.7% | Added |
| 29 | NRG | NRG ENERGY INC | $79M | 2.6M | 0.90% | −61.8% | Trimmed |
| 30 | SYMCEUR | SYMANTEC CORP | $78M | 3.8M | 0.89% | — | New |
| 31 | PCG | PG&E CORP | $76M | 1.8M | 0.87% | +8.7% | Added |
| 32 | KMT | KENNAMETAL INC | $72M | 2.0M | 0.82% | +6.9% | Added |
| 33 | — | ATLANTICA YIELD PLC | $70M | 3.5M | 0.80% | −9.7% | Trimmed |
| 34 | 7SU | SUMMIT MATLS INC | $68M | 2.6M | 0.77% | +4.9% | Added |
| 35 | SYK | STRYKER CORP | $53M | 316.0K | 0.61% | −14.8% | Trimmed |
| 36 | — | PLATFORM SPECIALTY PRODS COR | $50M | 4.3M | 0.57% | +14.2% | Added |
| 37 | CFG | CITIZENS FINL GROUP INC | $49M | 1.3M | 0.56% | — | New |
| 38 | — | NXP SEMICONDUCTORS N Vcall option | $48M | 440.0K | 0.55% | — | New |
| 39 | BYD | BOYD GAMING CORP | $47M | 1.4M | 0.53% | 0.0% | Held |
| 40 | VST | VISTRA ENERGY CORP | $44M | 1.9M | 0.50% | — | New |
| 41 | KNX | KNIGHT SWIFT TRANSN HLDGS IN | $42M | 1.1M | 0.48% | +15.9% | Added |
| 42 | TERPEUR | TERRAFORM PWR INC | $40M | 3.4M | 0.45% | −17.5% | Trimmed |
| 43 | UAL | UNITED CONTL HLDGS INC | $37M | 525.3K | 0.42% | 0.0% | Held |
| 44 | — | NEW ORIENTAL ED & TECH GRP I | $34M | 360.2K | 0.39% | — | New |
| 45 | — | VENATOR MATLS PLC | $29M | 1.8M | 0.33% | −2.0% | Trimmed |
| 46 | — | NXP SEMICONDUCTORS N V | $24M | 219.3K | 0.27% | — | New |
| 47 | MGM | MGM RESORTS INTERNATIONAL | $23M | 793.5K | 0.26% | −80.5% | Trimmed |
| 48 | AMLPUSD | ALPS ETF TR | $5M | 500.0K | 0.06% | −90.1% | Trimmed |
| 49 | — | WMIH CORP | $2M | 1.4M | 0.02% | −58.6% | Trimmed |
11 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 |
|---|---|---|---|
| — | POWERSHARES QQQ TRUST | $124M | 772.2K |
| AMAT | APPLIED MATLS INC | $87M | 1.6M |
| SMH | VANECK VECTORS ETF TR | $77M | 737.0K |
| ALL | ALLSTATE CORP | $50M | 527.8K |
| NVDA | NVIDIA CORP | $35M | 150.0K |
| XLE | SELECT SECTOR SPDR TR | $34M | 500.0K |
| HCA | HCA HEALTHCARE INC | $27M | 282.9K |
| BTU | PEABODY ENERGY CORP NEW | $22M | 591.4K |
| XOP | SPDR SERIES TRUST | $18M | 500.0K |
| XLF | SELECT SECTOR SPDR TR | $8M | 300.0K |
| URI | UNITED RENTALS INC | $2M | 12.9K |
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.