David Tepper’s portfolio: Appaloosa Management 13F holdings
Quarterly SEC 13F-HR filingsCIK 0001656456Latest: Q2 2026
Q1 2026 filing in brief
In its Q1 2026 13F, filed May 15, 2026, Appaloosa Management reported $5.9B across 31 US positions. The largest: AMZN (15.2%), MU (9.5%), GOOG (8.4%), UBER (7.7%), TSM (7.6%). In the quarter it opened 1 position, sold out of 9, added to 8 and trimmed 22; positions opened and sold out came to 13.4% 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 May 15, 2026
- 1 New
- 8 Added
- 22 Trimmed
- 9 Exited
31 positions at March 31, 2026. Q/Q change compares shares with the preceding quarter.
| Row | Ticker | Issuer | Status | ||||
|---|---|---|---|---|---|---|---|
| 1 | AMZN | AMAZON COM INC | $900M | 4.3M | 15.16% | +98.2% | Added |
| 2 | MU | MICRON TECHNOLOGY INC | $563M | 1.7M | 9.48% | +11.0% | Added |
| 3 | GOOG | ALPHABET INC | $497M | 1.7M | 8.38% | −3.0% | Trimmed |
| 4 | UBER | UBER TECHNOLOGIES INC | $456M | 6.3M | 7.68% | +242.3% | Added |
| 5 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | $449M | 1.3M | 7.56% | +17.5% | Added |
| 6 | BABA | ALIBABA GROUP HLDG LTD | $435M | 3.5M | 7.33% | −32.6% | Trimmed |
| 7 | VST | VISTRA CORP | $304M | 2.0M | 5.12% | +114.0% | Added |
| 8 | EWY | ISHARES INC | $295M | 2.4M | 4.98% | +28.0% | Added |
| 9 | NVDA | NVIDIA CORPORATION | $257M | 1.5M | 4.33% | −13.4% | Trimmed |
| 10 | NRG | NRG ENERGY INC | $253M | 1.7M | 4.27% | +5.8% | Added |
| 11 | META | META PLATFORMS INC | $250M | 436.5K | 4.21% | −27.3% | Trimmed |
| 12 | SNDK | SANDISK CORP | $179M | 281.3K | 3.01% | — | New |
| 13 | GLW | CORNING INC | $154M | 1.1M | 2.59% | −28.1% | Trimmed |
| 14 | WHR | WHIRLPOOL CORP | $105M | 1.9M | 1.77% | −50.1% | Trimmed |
| 15 | PDD | PDD HOLDINGS INC | $92M | 900.0K | 1.55% | −49.3% | Trimmed |
| 16 | LRCX | LAM RESEARCH CORP | $82M | 382.5K | 1.38% | −10.0% | Trimmed |
| 17 | BIDU | BAIDU INC | $77M | 692.1K | 1.30% | +20.4% | Added |
| 18 | LHX | L3HARRIS TECHNOLOGIES INC | $68M | 198.0K | 1.15% | −32.9% | Trimmed |
| 19 | RTX | RTX CORPORATION | $66M | 342.0K | 1.11% | −31.6% | Trimmed |
| 20 | ASML | ASML HLDG NV | $65M | 49.5K | 1.10% | −20.8% | Trimmed |
| 21 | QCOM | QUALCOMM INC | $64M | 498.6K | 1.08% | −56.5% | Trimmed |
| 22 | BALL | BALL CORP | $49M | 837.0K | 0.83% | −30.2% | Trimmed |
| 23 | AMD | ADVANCED MICRO DEVICES INC | $45M | 221.4K | 0.76% | −31.9% | Trimmed |
| 24 | JD | JD.COM INC | $39M | 1.3M | 0.65% | −68.6% | Trimmed |
| 25 | LYFT | LYFT INC | $36M | 2.7M | 0.61% | −28.9% | Trimmed |
| 26 | MSFT | MICROSOFT CORP | $33M | 90.0K | 0.56% | −82.0% | Trimmed |
| 27 | KWEB | KRANESHARES TRUST | $31M | 1.1M | 0.52% | −77.3% | Trimmed |
| 28 | ET | ENERGY TRANSFER L P | $30M | 1.6M | 0.51% | −28.1% | Trimmed |
| 29 | MPLX | MPLX LP | $29M | 502.5K | 0.48% | −19.9% | Trimmed |
| 30 | UNH | UNITEDHEALTH GROUP INC | $24M | 90.0K | 0.41% | −55.0% | Trimmed |
| 31 | DB | DEUTSCHE BK AG | $8M | 257.6K | 0.13% | −91.8% | Trimmed |
9 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 |
|---|---|---|---|
| AAL | AMERICAN AIRLS GROUP INC | $217M | 14.2M |
| OC | OWENS CORNING NEW | $106M | 950.0K |
| MHK | MOHAWK INDS INC | $74M | 675.0K |
| MU | MICRON TECHNOLOGY INCcall option | $71M | 250.0K |
| IQV | IQVIA HLDGS INC | $63M | 280.0K |
| UAL | UNITED AIRLS HLDGS INC | $52M | 465.0K |
| FXI | ISHARES TR | $42M | 1.1M |
| DAL | DELTA AIR LINES INC DEL | $33M | 475.0K |
| GT | GOODYEAR TIRE & RUBR CO | $22M | 2.5M |
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.