David Tepper’s portfolio: Appaloosa Management 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001656456Latest: Q2 2026
Q2 2020 filing in brief
In its Q2 2020 13F, filed August 14, 2020, Appaloosa Management reported $5.8B across 37 US positions. The largest: BABA (12.6%), AMZN (10.8%), TMUS (10.7%), META (8.8%), MU (8.4%). In the quarter it opened 13 positions, sold out of 7, added to 10 and trimmed 13; positions opened and sold out came to 32.2% 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, 2020
- 13 New
- 10 Added
- 13 Trimmed
- 7 Exited
37 positions at June 30, 2020. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | BABA | ALIBABA GROUP HLDG LTD | $728M | 3.4M | 12.64% | +49.0% | Added |
| 2 | AMZN | AMAZON COM INC | $621M | 225.0K | 10.78% | −10.0% | Trimmed |
| 3 | TMUS | T-MOBILE US INC | $614M | 5.9M | 10.67% | +666.2% | Added |
| 4 | META | FACEBOOK INC | $507M | 2.2M | 8.81% | −7.5% | Trimmed |
| 5 | MU | MICRON TECHNOLOGY INC | $482M | 9.3M | 8.37% | +5.5% | Added |
| 6 | GOOG | ALPHABET INC | $472M | 334.0K | 8.20% | −7.5% | Trimmed |
| 7 | T | AT&T INC | $274M | 9.1M | 4.77% | — | New |
| 8 | TWTRUSD | TWITTER INC | $165M | 5.5M | 2.87% | +0.4% | Held |
| 9 | V | VISA INC | $162M | 840.0K | 2.82% | — | New |
| 10 | MA | MASTERCARD INCORPORATED | $161M | 545.0K | 2.80% | — | New |
| 11 | PYPL | PAYPAL HLDGS INC | $152M | 870.0K | 2.63% | — | New |
| 12 | DIS | DISNEY WALT CO | $134M | 1.2M | 2.32% | — | New |
| 13 | ET | ENERGY TRANSFER LP | $108M | 15.1M | 1.87% | −7.2% | Trimmed |
| 14 | NFLX | NETFLIX INC | $105M | 230.0K | 1.82% | −9.8% | Trimmed |
| 15 | SYY | SYSCO CORP | $102M | 1.9M | 1.78% | — | New |
| 16 | HCA | HCA HEALTHCARE INC | $102M | 1.1M | 1.77% | +268.4% | Added |
| 17 | CRM | SALESFORCE COM INC | $94M | 500.0K | 1.63% | +7.4% | Added |
| 18 | ADBE | ADOBE INC | $90M | 206.5K | 1.56% | −7.4% | Trimmed |
| 19 | EMR | EMERSON ELEC CO | $87M | 1.4M | 1.51% | — | New |
| 20 | PCG | PG&E CORP | $79M | 8.9M | 1.38% | −21.1% | Trimmed |
| 21 | AVGO | BROADCOM INC | $63M | 200.0K | 1.10% | −14.2% | Trimmed |
| 22 | MO | ALTRIA GROUP INC | $61M | 1.6M | 1.06% | — | New |
| 23 | MSFT | MICROSOFT CORP | $56M | 277.5K | 0.98% | +208.3% | Added |
| 24 | WFC | WELLS FARGO CO NEW | $49M | 1.9M | 0.84% | +171.4% | Added |
| 25 | QCOM | QUALCOMM INC | $47M | 515.5K | 0.82% | −7.5% | Trimmed |
| 26 | GT | GOODYEAR TIRE & RUBR CO | $45M | 5.0M | 0.78% | +48.5% | Added |
| 27 | XYZ | SQUARE INC | $42M | 403.8K | 0.74% | — | New |
| 28 | UNH | UNITEDHEALTH GROUP INC | $40M | 135.0K | 0.69% | −46.0% | Trimmed |
| 29 | BSX | BOSTON SCIENTIFIC CORP | $33M | 950.0K | 0.58% | +726.1% | Added |
| 30 | AMLP | ALPS ETF TR | $28M | 1.1M | 0.48% | — | New |
| 31 | VST | VISTRA ENERGY CORP | $21M | 1.1M | 0.36% | −7.4% | Trimmed |
| 32 | WES | WESTERN MIDSTREAM PARTNERS L | $11M | 1.1M | 0.19% | +172.2% | Added |
| 33 | TEN1 | TENNECO INC | $8M | 1.1M | 0.14% | — | New |
| 34 | TSLA | TESLA INC | $8M | 7.0K | 0.13% | −83.3% | Trimmed |
| 35 | HUM | HUMANA INC | $5M | 14.0K | 0.09% | −76.3% | Trimmed |
| 36 | — | ENABLE MIDSTREAM PARTNERS LP | $2M | 463.7K | 0.04% | — | New |
| 37 | TMUSREUR | T-MOBILE US INC | $260K | 1.6M | 0.00% | — | New |
7 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 |
|---|---|---|---|
| — | ALLERGAN PLC | $123M | 695.0K |
| — | SPRINT CORPORATION | $55M | 6.4M |
| AMLPUSD | ALPS ETF TR | $21M | 6.0M |
| — | INTELSAT S A | $16M | 10.1M |
| XLU | SELECT SECTOR SPDR TR | $15M | 271.5K |
| — | INTELSAT S A | $6M | 25.0M |
| BKLN | INVESCO EXCHANGE-TRADED FD T | $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.