David Tepper’s portfolio: Appaloosa Management 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001656456Latest: Q2 2026
Q4 2020 filing in brief
In its Q4 2020 13F, filed February 16, 2021, Appaloosa Management reported $6.7B across 45 US positions. The largest: TMUS (9.9%), AMZN (9.6%), MU (9.0%), META (8.2%), PCG (7.9%). In the quarter it opened 16 positions, sold out of 3, added to 12 and trimmed 15; positions opened and sold out came to 17.2% 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 Feb 16, 2021
- 16 New
- 12 Added
- 15 Trimmed
- 3 Exited
45 positions at December 31, 2020. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | TMUS | T-MOBILE US INC | $661M | 4.9M | 9.89% | −5.9% | Trimmed |
| 2 | AMZN | AMAZON COM INC | $644M | 197.7K | 9.63% | +39.7% | Added |
| 3 | MU | MICRON TECHNOLOGY INC | $601M | 8.0M | 8.99% | −34.7% | Trimmed |
| 4 | META | FACEBOOK INC | $549M | 2.0M | 8.21% | +13.8% | Added |
| 5 | PCG | PG&E CORP | $528M | 42.4M | 7.89% | −47.5% | Trimmed |
| 6 | GOOG | ALPHABET INC | $446M | 254.5K | 6.67% | −1.2% | Trimmed |
| 7 | BABA | ALIBABA GROUP HLDG LTD | $442M | 1.9M | 6.61% | −14.4% | Trimmed |
| 8 | TWTRUSD | TWITTER INC | $257M | 4.8M | 3.85% | +1.9% | Added |
| 9 | HCA | HCA HEALTHCARE INC | $164M | 1.0M | 2.46% | +7.0% | Added |
| 10 | ET | ENERGY TRANSFER LP | $149M | 24.1M | 2.22% | +26.9% | Added |
| 11 | MA | MASTERCARD INCORPORATED | $144M | 402.5K | 2.15% | −9.0% | Trimmed |
| 12 | OXY | OCCIDENTAL PETE CORP | $140M | 8.1M | 2.10% | — | New |
| 13 | V | VISA INC | $136M | 620.0K | 2.03% | −8.8% | Trimmed |
| 14 | DIS | DISNEY WALT CO | $135M | 745.0K | 2.02% | −15.3% | Trimmed |
| 15 | PYPL | PAYPAL HLDGS INC | $123M | 525.0K | 1.84% | −14.3% | Trimmed |
| 16 | CRM | SALESFORCE COM INC | $122M | 550.0K | 1.83% | +25.7% | Added |
| 17 | MSFT | MICROSOFT CORP | $122M | 550.0K | 1.83% | +81.8% | Added |
| 18 | XLE | SELECT SECTOR SPDR TR | $118M | 3.1M | 1.77% | — | New |
| 19 | ADBE | ADOBE SYSTEMS INCORPORATED | $100M | 200.0K | 1.50% | +14.3% | Added |
| 20 | SYY | SYSCO CORP | $93M | 1.3M | 1.39% | −2.0% | Trimmed |
| 21 | QCOM | QUALCOMM INC | $91M | 600.0K | 1.37% | — | New |
| 22 | EMR | EMERSON ELEC CO | $78M | 975.0K | 1.17% | −20.9% | Trimmed |
| 23 | M | MACYS INC | $72M | 6.4M | 1.08% | — | New |
| 24 | KMX | CARMAX INC | $71M | 750.0K | 1.06% | — | New |
| 25 | KSS | KOHLS CORP | $70M | 1.7M | 1.05% | — | New |
| 26 | UNH | UNITEDHEALTH GROUP INC | $70M | 200.0K | 1.05% | +183.7% | Added |
| 27 | NFLX | NETFLIX INC | $69M | 127.0K | 1.03% | −3.4% | Trimmed |
| 28 | EPD | ENTERPRISE PRODS PARTNERS L | $68M | 3.5M | 1.01% | — | New |
| 29 | AMLP | ALPS ETF TR | $55M | 2.1M | 0.82% | +134.8% | Added |
| 30 | XOP | SPDR SER TR | $54M | 925.0K | 0.81% | — | New |
| 31 | GT | GOODYEAR TIRE & RUBR CO | $49M | 4.5M | 0.73% | −2.1% | Trimmed |
| 32 | EWY | ISHARES INC | $43M | 500.0K | 0.64% | — | New |
| 33 | XYZ | SQUARE INC | $40M | 182.5K | 0.59% | −35.4% | Trimmed |
| 34 | BFH | ALLIANCE DATA SYSTEMS CORP | $33M | 450.0K | 0.50% | — | New |
| 35 | EQT | EQT CORP | $28M | 2.2M | 0.42% | — | New |
| 36 | FCX | FREEPORT-MCMORAN INC | $24M | 935.0K | 0.36% | — | New |
| 37 | MPLX | MPLX LP | $24M | 1.1M | 0.35% | — | New |
| 38 | WES | WESTERN MIDSTREAM PARTNERS L | $14M | 985.4K | 0.20% | +38.2% | Added |
| 39 | WFC | WELLS FARGO CO NEW | $12M | 400.0K | 0.18% | −54.3% | Trimmed |
| 40 | — | MAGELLAN MIDSTREAM PRTNRS LP | $12M | 280.7K | 0.18% | — | New |
| 41 | PCG 5.5 08/16/23 | PG&E CORP | $9M | 75.0K | 0.14% | 0.0% | Held |
| 42 | — | DRAGONEER GROWTH OPPTY CORP | $9M | 750.0K | 0.13% | — | New |
| 43 | TEN1 | TENNECO INC | $8M | 780.0K | 0.12% | +3.3% | Added |
| 44 | KMI | KINDER MORGAN INC DEL | $8M | 590.0K | 0.12% | — | New |
| 45 | — | ENABLE MIDSTREAM PARTNERS LP | $2M | 307.1K | 0.02% | 0.0% | Held |
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.