Appaloosa (David Tepper) latest 13F portfolio: 27 holdings worth $7.5B as of Q2 2026.
Backtested since 2020: mirroring Appaloosa's reported 13F equity holdings each quarter would have returned +280.0% versus +182.3%for the S&P 500 (+23.5% annualized). See the Performance tab for the full equity curve.
Investor: David Tepper
Number of Assets: 27
Reporting Period: Q2 - 2026
Holdings at Report: $7,471,257,999
Return $ Since Report: -$376,141,510
Return % Since Report: -5.03%
Company | Position | Activity | Shares | Port. % | Rep. Price | Curr. Price | Rep. Value | Curr. Value | Return Value | Return % |
|---|---|---|---|---|---|---|---|---|---|---|
| Alphabet Inc. (GOOG) | Equity | +6.77% | 1,850,000 | 8.75% | $353.33 | $344.41 | $653,660,500 | $637,158,500 | -$16,502,000 | -2.52% |
| Lam Research Corp. (LRCX) | Equity | 0% | 382,500 | 2.22% | $433.33 | $288.11 | $165,748,725 | $110,202,075 | -$55,546,650 | -33.51% |
| Nvidia Corp. (NVDA) | Equity | +3.64% | 1,525,000 | 4.08% | $200.09 | $222.27 | $305,137,250 | $338,961,750 | +$33,824,500 | +11.09% |
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | Equity | +24.29% | 1,650,000 | 10.55% | $477.57 | $434.67 | $787,990,500 | $717,205,500 | -$70,785,000 | -8.98% |
| Alibaba Group Holding Limited (BABA) | Equity | -42.28% | 2,000,000 | 2.57% | $95.98 | $113.24 | $191,960,000 | $226,480,000 | +$34,520,000 | +17.98% |
| ASML Holding N.V. (ASML) | Equity | +1.01% | 50,000 | 1.33% | $1,989.44 | $1,679.92 | $99,472,000 | $83,996,000 | -$15,476,000 | -15.56% |
| Energy Transfer Lp (ET) | Equity | 0% | 1,576,125 | 0.40% | $19.12 | $21.14 | $30,135,510 | $33,319,283 | +$3,183,773 | +10.56% |
| Ishares MSCI South Korea ETF (EWY) | Equity | +1.04% | 2,425,000 | 6.55% | $201.90 | $181.31 | $489,607,500 | $439,676,750 | -$49,930,750 | -10.20% |
| Micron Technology Inc. (MU) | Equity | -41.44% | 975,000 | 15.06% | $1,154.29 | $1,015.80 | $1,125,432,750 | $990,405,000 | -$135,027,750 | -12.00% |
| NRG Energy Inc. (NRG) | Equity | +1.47% | 1,760,000 | 3.44% | $146.06 | $103.66 | $257,065,600 | $182,441,600 | -$74,624,000 | -29.03% |
| Space Exploration Techn corp (SPCX) | Equity | +100% | 225,000 | 0.51% | $170.86 | $152.71 | $38,443,500 | $34,359,750 | -$4,083,750 | -10.62% |
| Vistra Corp. (VST) | Equity | +9.54% | 2,215,272 | 4.70% | $158.63 | $140.67 | $351,408,597 | $311,622,312 | -$39,786,285 | -11.32% |
| American Airlines Group Inc. (AAL) | Equity | +100% | 7,500,000 | 1.81% | $18.07 | $12.96 | $135,525,000 | $97,200,000 | -$38,325,000 | -28.28% |
| Broadcom Inc. (AVGO) | Equity | +100% | 150,000 | 0.76% | $377.75 | $357.61 | $56,662,500 | $53,641,500 | -$3,021,000 | -5.33% |
| Advanced Micro Devices Inc. (AMD) | Equity | -10.79% | 197,500 | 1.54% | $580.91 | $559.82 | $114,729,725 | $110,564,450 | -$4,165,275 | -3.63% |
| Baidu Inc. (BIDU) | Equity | +87.11% | 1,295,000 | 1.98% | $114.29 | $89.93 | $148,005,550 | $116,459,350 | -$31,546,200 | -21.31% |
| CoreWeave Inc. (CRWV) | Equity | +100% | 1,078,248 | 1.44% | $99.54 | $81.36 | $107,328,806 | $87,726,257 | -$19,602,549 | -18.26% |
| The Goodyear Tire & Rubber Company (GT) | Equity | +100% | 1,508,591 | 0.13% | $6.60 | $5.05 | $9,956,701 | $7,618,385 | -$2,338,316 | -23.48% |
| MPLX LP (MPLX) | Equity | 0% | 502,460 | 0.38% | $56.33 | $59.44 | $28,303,572 | $29,866,222 | +$1,562,650 | +5.52% |
| Whirlpool Corp. (WHR) | Equity | -63.33% | 715,000 | 0.38% | $39.42 | $31.97 | $28,185,300 | $22,858,550 | -$5,326,750 | -18.90% |
| Amazon.com Inc. (AMZN) | Equity | +15.74% | 5,000,000 | 15.95% | $238.34 | $253.71 | $1,191,700,000 | $1,268,550,000 | +$76,850,000 | +6.45% |
| The Boeing Company (BA) | Equity | +100% | 800,000 | 2.32% | $216.47 | $198.20 | $173,176,000 | $158,560,000 | -$14,616,000 | -8.44% |
| Meta Platforms Inc. (META) | Equity | +54.64% | 675,000 | 5.09% | $563.29 | $665.75 | $380,220,750 | $449,381,250 | +$69,160,500 | +18.19% |
| Qualcomm Inc. (QCOM) | Equity | -49.86% | 250,000 | 0.62% | $184.79 | $177.72 | $46,197,500 | $44,430,000 | -$1,767,500 | -3.83% |
| Uber Technologies Inc. (UBER) | Equity | +21.50% | 7,694,071 | 7.43% | $72.16 | $70.50 | $555,204,163 | $542,432,006 | -$12,772,158 | -2.30% |
| Berkshire Hathaway Inc. (BRK-B) | Put | +100% | 25,000 | N/A | $500.39 | N/A | $12,509,750 | N/A | N/A | N/A |
| Apple Inc. (AAPL) | Put | +100% | 835,000 | N/A | $289.36 | N/A | $241,615,600 | N/A | N/A | N/A |