David Tepper - Appaloosa Management Portfolio Holdings
As of Sep 30, 2025, the Appaloosa Management portfolio holdings is valued at approximately $7,383,589,018.00 featuring 45 publicly traded holdings. This in-depth profile highlights the top investments led by ALIBABA GROUP HLDG LTD (BABA), AMAZON COM INC (AMZN), WHIRLPOOL CORP (WHR), NVIDIA CORPORATION (NVDA), and others based on the company's latest SEC filings reported on Nov 13, 2025. Explore insights into portfolio composition, sector allocation, and recent trade activity.
Appaloosa Management's stock portfolio spans 45 holdings across 9 sectors, with a total market value of $7,383,589,018.00. The Consumer Cyclical sector represents the largest allocation, while the top holdings account for nearly 58% of the total portfolio value. ALIBABA GROUP HLDG LTD remains the single largest position at 15.6% of all equity investments.
Complete Holdings
Showing 45 of 45 holdings.
| # | Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|---|
| 1 | ALIBABA GROUP HLDG LTD | BABA | Consumer Cyclical | 15.61% | 6,450,000 | -617,271 | -8.73% | $1,152,808,500.00 |
| 2 | AMAZON COM INC | AMZN | Consumer Cyclical | 7.43% | 2,500,000 | -200,000 | -7.41% | $548,925,000.00 |
| 3 | WHIRLPOOL CORP | WHR | Consumer Cyclical | 5.85% | 5,500,000 | +5,233,908 | +1966.95% | $432,300,000.00 |
| 4 | NVIDIA CORPORATION | NVDA | Technology | 4.80% | 1,900,000 | +150,000 | +8.57% | $354,502,000.00 |
| 5 | ALPHABET INC | GOOG | Communication Services | 4.58% | 1,387,500 | -112,500 | -7.50% | $337,925,625.00 |
| 6 | KRANESHARES TRUST | KWEB | Other | 4.21% | 7,400,000 | +3,400,000 | +85.00% | $310,874,000.00 |
| 7 | NRG ENERGY INC | NRG | Utilities | 4.10% | 1,870,000 | -110,000 | -5.56% | $302,846,500.00 |
| 8 | TAIWAN SEMICONDUCTOR MFG LTD | TSM | Technology | 4.01% | 1,060,000 | +35,000 | +3.41% | $296,047,400.00 |
| 9 | META PLATFORMS INC | META | Communication Services | 3.68% | 370,000 | -30,000 | -7.50% | $271,720,600.00 |
| 10 | VISTRA CORP | VST | Utilities | 3.30% | 1,245,000 | -555,000 | -30.83% | $243,920,400.00 |
| 11 | MICROSOFT CORP | MSFT | Technology | 3.24% | 462,500 | -37,500 | -7.50% | $239,551,875.00 |
| 12 | PDD HOLDINGS INC | PDD | Consumer Cyclical | 3.22% | 1,800,000 | -200,000 | -10.00% | $237,906,000.00 |
| 13 | UBER TECHNOLOGIES INC | UBER | Technology | 3.19% | 2,406,983 | -343,017 | -12.47% | $235,812,125.00 |
| 14 | JD.COM INC | JD | Consumer Cyclical | 2.95% | 6,225,000 | -775,000 | -11.07% | $217,750,500.00 |
| 15 | QUALCOMM INC | QCOM | Technology | 2.81% | 1,245,000 | +895,000 | +255.71% | $207,118,200.00 |
| 16 | ADVANCED MICRO DEVICES INC | AMD | Technology | 2.08% | 950,000 | -250,000 | -20.83% | $153,700,500.00 |
| 17 | BAIDU INC | BIDU | Communication Services | 1.86% | 1,045,000 | +420,000 | +67.20% | $137,699,650.00 |
| 18 | DEUTSCHE BANK A G | DB | Other | 1.82% | 3,790,000 | -210,000 | -5.25% | $134,203,900.00 |
| 19 | CORNING INC | GLW | Technology | 1.81% | 1,625,000 | -125,000 | -7.14% | $133,298,750.00 |
| 20 | LYFT INC | LYFT | Technology | 1.67% | 5,600,000 | -2,400,000 | -30.00% | $123,256,000.00 |
| 21 | FISERV INC | FI | Technology | 1.62% | 925,000 | +925,000 | +100.00% | $119,260,250.00 |
| 22 | AMERICAN AIRLS GROUP INC | AAL | Industrials | 1.41% | 9,250,000 | +7,956,633 | +615.19% | $103,970,000.00 |
| 23 | L3HARRIS TECHNOLOGIES INC | LHX | Industrials | 1.24% | 300,000 | -50,000 | -14.29% | $91,623,000.00 |
| 24 | RTX CORPORATION | RTX | Industrials | 1.15% | 509,500 | -75,500 | -12.91% | $85,254,635.00 |
| 25 | ENERGY TRANSFER L P | ET | Energy | 1.15% | 4,957,235 | - | - | $85,066,153.00 |
| 26 | MICRON TECHNOLOGY INC | MU | Technology | 1.13% | 500,000 | -325,000 | -39.39% | $83,660,000.00 |
| 27 | UNITEDHEALTH GROUP INC | UNH | Healthcare | 0.95% | 203,500 | -2,246,500 | -91.69% | $70,268,550.00 |
| 28 | TRUIST FINL CORP | TFC | Financial Services | 0.86% | 1,387,500 | +1,387,500 | +100.00% | $63,436,500.00 |
| 29 | ASML HOLDING N V | ASML | Other | 0.84% | 64,000 | -6,000 | -8.57% | $61,957,760.00 |
| 30 | CAESARS ENTERTAINMENT INC NE | CZR | Consumer Cyclical | 0.77% | 2,100,000 | - | - | $56,752,500.00 |
| 31 | IQVIA HLDGS INC | IQV | Healthcare | 0.73% | 285,000 | -15,000 | -5.00% | $54,132,900.00 |
| 32 | LAM RESEARCH CORP | LRCX | Other | 0.67% | 370,000 | -30,000 | -7.50% | $49,543,000.00 |
| 33 | ISHARES TR | FXI | Other | 0.62% | 1,110,000 | +110,000 | +11.00% | $45,665,400.00 |
| 34 | UNITED AIRLS HLDGS INC | UAL | Industrials | 0.60% | 462,500 | -87,500 | -15.91% | $44,631,250.00 |
| 35 | GOODYEAR TIRE & RUBR CO | GT | Consumer Cyclical | 0.52% | 5,140,000 | +4,278,218 | +496.44% | $38,447,200.00 |
| 36 | KEYCORP | KEY | Financial Services | 0.51% | 2,020,000 | -3,331,561 | -62.25% | $37,753,800.00 |
| 37 | CITIZENS FINL GROUP INC | CFG | Financial Services | 0.43% | 600,000 | -657,694 | -52.29% | $31,896,000.00 |
| 38 | COMERICA INC | CMA | Financial Services | 0.43% | 462,500 | -689,493 | -59.85% | $31,690,500.00 |
| 39 | BLOCK INC | SQ | Technology | 0.36% | 370,000 | -271,800 | -42.35% | $26,739,900.00 |
| 40 | MPLX LP | MPLX | Energy | 0.36% | 535,000 | -43,500 | -7.52% | $26,723,250.00 |
| 41 | DELTA AIR LINES INC DEL | DAL | Industrials | 0.36% | 462,500 | -87,500 | -15.91% | $26,246,875.00 |
| 42 | OWENS CORNING NEW | OC | Industrials | 0.31% | 161,500 | +136,500 | +546.00% | $22,845,790.00 |
| 43 | MOHAWK INDS INC | MHK | Consumer Cyclical | 0.28% | 161,500 | +96,500 | +148.46% | $20,820,580.00 |
| 44 | WESTERN ALLIANCE BANCORP | WAL | Financial Services | 0.23% | 195,000 | +195,000 | +100.00% | $16,910,400.00 |
| 45 | ZIONS BANCORPORATION N A | ZION | Financial Services | 0.22% | 285,000 | +285,000 | +100.00% | $16,125,300.00 |
Holdings by Sector
| Sector | Allocation | Value |
|---|---|---|
| Consumer Cyclical | 36.64% | $2,705,710,280.00 |
| Technology | 26.72% | $1,972,947,000.00 |
| Communication Services | 10.12% | $747,345,875.00 |
| Other | 8.16% | $602,244,060.00 |
| Utilities | 7.41% | $546,766,900.00 |
| Industrials | 5.07% | $374,571,550.00 |
| Financial Services | 2.68% | $197,812,500.00 |
| Healthcare | 1.68% | $124,401,450.00 |
| Energy | 1.51% | $111,789,403.00 |
Portfolio insights
As of Sep 30, 2025, the Appaloosa Management portfolio holds 45 securities valued at $7,383,589,018.00. The Consumer Cyclical sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.