David Tepper’s portfolio: Appaloosa Management 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001656456Latest: Q2 2026
Q3 2018 filing in brief
In its Q3 2018 13F, filed November 14, 2018, Appaloosa Management reported $5.7B across 37 US positions. The largest: MU (28.6%), META (9.5%), ALLERGAN PLC (6.7%), BABA (4.3%), GOOG (4.2%). In the quarter it opened 3 positions, sold out of 15, added to 5 and trimmed 27; positions opened and sold out came to 16.3% 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, 2018
- 3 New
- 5 Added
- 27 Trimmed
- 15 Exited
37 positions at September 30, 2018. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | MU | MICRON TECHNOLOGY INC | $1.6B | 36.0M | 28.62% | −11.2% | Trimmed |
| 2 | META | FACEBOOK INC | $543M | 3.3M | 9.54% | −35.0% | Trimmed |
| 3 | — | ALLERGAN PLC | $380M | 2.0M | 6.67% | −41.2% | Trimmed |
| 4 | BABA | ALIBABA GROUP HLDG LTD | $247M | 1.5M | 4.34% | −43.2% | Trimmed |
| 5 | GOOG | ALPHABET INC | $239M | 200.0K | 4.20% | −39.6% | Trimmed |
| 6 | AABAUSD | ALTABA INC | $230M | 3.4M | 4.05% | −47.3% | Trimmed |
| 7 | TMUS | T MOBILE US INC | $189M | 2.7M | 3.32% | −32.7% | Trimmed |
| 8 | PCG | PG&E CORP | $184M | 4.0M | 3.23% | +122.5% | Added |
| 9 | LRCX | LAM RESEARCH CORP | $178M | 1.2M | 3.13% | −14.9% | Trimmed |
| 10 | XPO | XPO LOGISTICS INC | $154M | 1.3M | 2.71% | −17.9% | Trimmed |
| 11 | CZR | CAESARS ENTMT CORP | $149M | 14.5M | 2.62% | −7.9% | Trimmed |
| 12 | BAC | BANK AMER CORP | $100M | 3.4M | 1.75% | −53.3% | Trimmed |
| 13 | STT | STATE STR CORP | $99M | 1.2M | 1.75% | — | New |
| 14 | NRG | NRG ENERGY INC | $98M | 2.6M | 1.72% | +1.7% | Added |
| 15 | UNH | UNITEDHEALTH GROUP INC | $93M | 348.9K | 1.63% | −34.1% | Trimmed |
| 16 | — | WMIH CORP | $87M | 62.8M | 1.53% | +4530.0% | Added |
| 17 | CNC | CENTENE CORP DEL | $85M | 589.7K | 1.50% | −42.5% | Trimmed |
| 18 | — | ENERGY TRANSFER PARTNERS LP | $85M | 3.8M | 1.50% | −31.1% | Trimmed |
| 19 | DG | DOLLAR GEN CORP NEW | $82M | 746.1K | 1.43% | −18.8% | Trimmed |
| 20 | CZR 5 10/01/24 | CAESARS ENTMT CORP | $81M | 49.0M | 1.43% | 0.0% | Held |
| 21 | ET | ENERGY TRANSFER EQUITY L P | $76M | 4.4M | 1.34% | −26.8% | Trimmed |
| 22 | — | ATLANTICA YIELD PLC | $69M | 3.4M | 1.21% | −3.2% | Trimmed |
| 23 | KMT | KENNAMETAL INC | $65M | 1.5M | 1.14% | −26.4% | Trimmed |
| 24 | LNG | CHENIERE ENERGY INC | $64M | 918.0K | 1.12% | −25.4% | Trimmed |
| 25 | OC | OWENS CORNING NEW | $58M | 1.1M | 1.02% | −23.8% | Trimmed |
| 26 | HUN | HUNTSMAN CORP | $55M | 2.0M | 0.97% | −34.7% | Trimmed |
| 27 | 7SU | SUMMIT MATLS INC | $54M | 3.0M | 0.95% | +15.5% | Added |
| 28 | VST | VISTRA ENERGY CORP | $49M | 2.0M | 0.87% | +6.0% | Added |
| 29 | BYD | BOYD GAMING CORP | $46M | 1.4M | 0.81% | +0.1% | Held |
| 30 | TMO | THERMO FISHER SCIENTIFIC INC | $46M | 187.0K | 0.80% | −68.0% | Trimmed |
| 31 | TERPEUR | TERRAFORM PWR INC | $35M | 3.1M | 0.62% | −10.1% | Trimmed |
| 32 | BSX | BOSTON SCIENTIFIC CORP | $33M | 853.9K | 0.58% | −66.2% | Trimmed |
| 33 | — | PLATFORM SPECIALTY PRODS COR | $29M | 2.3M | 0.51% | −46.4% | Trimmed |
| 34 | WMB | WILLIAMS COS INC DEL | $28M | 1.0M | 0.50% | — | New |
| 35 | AAPL | APPLE INC | $23M | 100.0K | 0.40% | — | New |
| 36 | SYK | STRYKER CORP | $16M | 92.0K | 0.29% | −70.9% | Trimmed |
| 37 | — | VENATOR MATLS PLC | $12M | 1.4M | 0.22% | −21.3% | Trimmed |
15 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 |
|---|---|---|---|
| WFC | WELLS FARGO CO NEW | $181M | 3.3M |
| ALLY | ALLY FINL INC | $127M | 4.8M |
| — | UBS GROUP AG | $106M | 6.8M |
| KEY | KEYCORP NEW | $105M | 5.4M |
| — | WILLIAMS PARTNERS L P NEW | $86M | 2.1M |
| WDC | WESTERN DIGITAL CORP | $85M | 1.1M |
| SYMCEUR | SYMANTEC CORP | $78M | 3.8M |
| CFG | CITIZENS FINL GROUP INC | $49M | 1.3M |
| — | NXP SEMICONDUCTORS N Vcall option | $48M | 440.0K |
| KNX | KNIGHT SWIFT TRANSN HLDGS IN | $42M | 1.1M |
| UAL | UNITED CONTL HLDGS INC | $37M | 525.3K |
| — | NEW ORIENTAL ED & TECH GRP I | $34M | 360.2K |
| — | NXP SEMICONDUCTORS N V | $24M | 219.3K |
| MGM | MGM RESORTS INTERNATIONAL | $23M | 793.5K |
| AMLPUSD | ALPS ETF TR | $5M | 500.0K |
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.