David Tepper’s portfolio: Appaloosa Management 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001656456Latest: Q2 2026
Q3 2023 filing in brief
In its Q3 2023 13F, filed November 14, 2023, Appaloosa Management reported $5.1B across 32 US positions. The largest: META (11.6%), MSFT (10.2%), AMZN (9.4%), NVDA (8.8%), GOOG (7.2%). In the quarter it opened 1 position, sold out of 8, added to 7 and trimmed 7; positions opened and sold out came to 11% 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, 2023
- 1 New
- 7 Added
- 7 Trimmed
- 8 Exited
32 positions at September 30, 2023. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | META | META PLATFORMS INC | $585M | 1.9M | 11.56% | +29.8% | Added |
| 2 | MSFT | MICROSOFT CORP | $516M | 1.6M | 10.19% | +31.9% | Added |
| 3 | AMZN | AMAZON COM INC | $477M | 3.8M | 9.41% | +18.6% | Added |
| 4 | NVDA | NVIDIA CORPORATION | $446M | 1.0M | 8.80% | +0.5% | Held |
| 5 | GOOG | ALPHABET INC | $363M | 2.8M | 7.16% | +19.0% | Added |
| 6 | UBER | UBER TECHNOLOGIES INC | $333M | 7.3M | 6.58% | +1.4% | Added |
| 7 | BABA | ALIBABA GROUP HLDG LTD | $312M | 3.6M | 6.16% | −19.6% | Trimmed |
| 8 | AMD | ADVANCED MICRO DEVICES INC | $234M | 2.3M | 4.62% | −1.5% | Trimmed |
| 9 | INTC | INTEL CORP | $222M | 6.3M | 4.39% | −7.7% | Trimmed |
| 10 | FDX | FEDEX CORP | $172M | 650.0K | 3.40% | 0.0% | Held |
| 11 | QCOM | QUALCOMM INC | $144M | 1.3M | 2.85% | −29.7% | Trimmed |
| 12 | PDD | PDD HOLDINGS INC | $137M | 1.4M | 2.71% | +86.7% | Added |
| 13 | ET | ENERGY TRANSFER L P | $137M | 9.8M | 2.71% | 0.0% | Held |
| 14 | UNH | UNITEDHEALTH GROUP INC | $101M | 200.0K | 1.99% | 0.0% | Held |
| 15 | MU | MICRON TECHNOLOGY INC | $95M | 1.4M | 1.88% | 0.0% | Held |
| 16 | BIDU | BAIDU INC | $89M | 665.0K | 1.76% | −47.8% | Trimmed |
| 17 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | $87M | 1.0M | 1.72% | −43.7% | Trimmed |
| 18 | EQT | EQT CORP | $84M | 2.1M | 1.65% | 0.0% | Held |
| 19 | LRCX | LAM RESEARCH CORP | $75M | 120.0K | 1.48% | 0.0% | Held |
| 20 | CZR | CAESARS ENTERTAINMENT INC NE | $71M | 1.5M | 1.40% | +23.5% | Added |
| 21 | M | MACYS INC | $58M | 5.0M | 1.15% | 0.0% | Held |
| 22 | AR | ANTERO RESOURCES CORP | $50M | 2.0M | 0.98% | 0.0% | Held |
| 23 | JD | JD.COM INC | $49M | 1.7M | 0.96% | −10.7% | Trimmed |
| 24 | ASML | ASML HOLDING N V | $47M | 80.0K | 0.93% | 0.0% | Held |
| 25 | ANET | ARISTA NETWORKS INC | $46M | 250.0K | 0.91% | 0.0% | Held |
| 26 | BEKE | KE HLDGS INC | $37M | 2.4M | 0.74% | — | New |
| 27 | SWN1EUR | SOUTHWESTERN ENERGY CO | $31M | 4.8M | 0.61% | 0.0% | Held |
| 28 | EXE | CHESAPEAKE ENERGY CORP | $18M | 250.0K | 0.36% | 0.0% | Held |
| 29 | EXE | CHESAPEAKE ENERGY CORP | $18M | 203.0K | 0.35% | 0.0% | Held |
| 30 | EPD | ENTERPRISE PRODS PARTNERS L | $14M | 496.0K | 0.27% | 0.0% | Held |
| 31 | EXE | CHESAPEAKE ENERGY CORP | $11M | 150.0K | 0.21% | 0.0% | Held |
| 32 | MPLX | MPLX LP | $6M | 182.3K | 0.13% | 0.0% | Held |
8 exited positions
Positions held in the preceding quarter and absent from this filing. Values and shares are from the preceding quarter.
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.