In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 15, 2024), David Tepper's Appaloosa reported 36 stock positions worth $6.7 billion . Its top holding was Alibaba Group Holding-SP ADR (BABA) at 12.2% of the portfolio, followed by Amazon.com (AMZN, 10.4% ) and Microsoft (MSFT, 8.8% ). Compared with Q4 2023, it opened 6 new positions, sold out of 7, added to 6 and reduced 13. The biggest buy was Alibaba Group Holding-SP ADR (BABA, shares +159% ) and the biggest sale Uber Technologies (UBER, shares −77% ).
Notable People David Tepper
Location Short Hills, NJ
CIK 0001656456
Portfolio Value $6.7B (Q1 2024) Holdings 36 stocks · $6.7B Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q4 2023 BABA Alibaba Group Holding-SP ADR 11,250,000 $814.0M Add +158.6% AMZN Amazon.com Inc. 3,828,000 $690.5M Reduce -3.1% MSFT Microsoft Corp. 1,400,000 $589.0M Reduce -17.6% META Meta Platforms Inc. Class A 1,122,500 $545.1M Reduce -39.3% NVDA Nvidia Corp. 442,000 $399.4M Reduce -44.0% GOOG Alphabet Inc. Class C 2,075,000 $315.9M Reduce -9.8% AMD Advanced Micro Devices 1,630,000 $294.2M Reduce -18.9% ORCL Oracle Corp. 2,300,000 $288.9M Add +73.6% PDD PDD Holdings Inc. 2,100,000 $244.1M Add +171.0% BIDU Baidu Inc. - Spon ADR 1,800,000 $189.5M Add +188.0% ADBE Adobe Inc. 350,000 $176.6M New FDX FedEx Corp. 600,000 $173.8M Reduce -7.7% QCOM Qualcomm Inc. 990,000 $167.6M Reduce -1.0% INTC Intel Corp. 3,750,000 $165.6M Reduce -18.5% FXI iShares China Large-Cap ETF 6,375,000 $153.4M New MU Micron Technology Inc. 1,215,000 $143.2M No change ET Energy Transfer LP 8,644,428 $136.0M Reduce -11.6% LRCX Lam Research Corp. 115,000 $111.7M Reduce -2.5% UBER Uber Technologies Inc. 1,360,000 $104.7M Reduce -77.3% CZR Caesars Entertainment Inc. 2,300,000 $100.6M Add +2.2% JD Jd.com Inc.-ADR 3,649,863 $100.0M New UNH Unitedhealth Group Inc. 200,000 $98.9M No change KWEB Kranesh Csi China Internet 3,475,000 $91.2M New UPS United Parcel Service Class B 600,000 $89.2M Add +20.0% ASML ASML Holding NV-NY Reg SHS 80,000 $77.6M No change EQT Eqt Corp. 2,060,000 $76.4M No change TSM Taiwan Semiconductor-SP ADR 500,000 $68.0M No change AR Antero Resources Corp. 2,000,000 $58.0M No change BA The Boeing Co. 225,000 $43.4M New SWN Southwestern Energy Co. 4,800,000 $36.4M No change M Macy's Inc. 1,400,000 $28.0M Reduce -68.5% MPLX MPLX LP 660,000 $27.4M No change BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC 1,705,000 $23.4M No change EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 203,000 $18.0M No change NSC Norfolk Southern Corp. 45,000 $11.5M No change LYFT LYFT Inc. Class A 467,618 $9.0M New
Options reported separately and not counted above: MSFT puts ($63.1M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $31.2M (not counted above) Security Class Shares / Principal Value Change EXEEZ Chesapeake Energy -CW26 *W EXP 02/09/202 250,000 $20.4M No change EXEEL Chesapeake Energy Corp. -CW26 *W EXP 02/09/202 150,000 $10.8M No change
Total filed on the 13F, all lines: $6.7B.
Portfolio Sells Q4 2023 → Q1 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▲ UBER Uber Technologies Inc. Reduce -77.3% 1.57% −4.99 META Meta Platforms Inc. Class A Reduce -39.3% 8.18% −3.44 MSFT Microsoft Corp. Reduce -17.6% 8.84% −2.51 INTC Intel Corp. Reduce -18.5% 2.49% −1.62 M Macy's Inc. Reduce -68.5% 0.42% −1.17 GOOG Alphabet Inc. Class C Reduce -9.8% 4.74% −1.01 NVDA Nvidia Corp. Reduce -44.0% 6.00% −0.95 AMD Advanced Micro Devices Reduce -18.9% 4.42% −0.84 HCA HCA Healthcare Inc. Sold out 0.00% −0.56 FMC FMC Corp. Sold out 0.00% −0.36 ET Energy Transfer LP Reduce -11.6% 2.04% −0.36 FDX FedEx Corp. Reduce -7.7% 2.61% −0.31 AMZN Amazon.com Inc. Reduce -3.1% 10.37% −0.29 WHR Whirlpool Corp. Sold out 0.00% −0.19 MHK Mohawk Industries Inc. Sold out 0.00% −0.17 GM General Motors Co. Sold out 0.00% −0.17 MAS Masco Corp. Sold out 0.00% −0.15 OC Owens Corning Sold out 0.00% −0.07 QCOM Qualcomm Inc. Reduce -1.0% 2.52% −0.05 LRCX Lam Research Corp. Reduce -2.5% 1.68% +0.04
Portfolio Buys Q4 2023 → Q1 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q4 2023 % Of Portfolio Change To Portfolio ▼ BABA Alibaba Group Holding-SP ADR Add +158.6% 12.22% +6.24 ADBE Adobe Inc. New 2.65% +2.65 FXI iShares China Large-Cap ETF New 2.30% +2.30 ORCL Oracle Corp. Add +73.6% 4.34% +1.86 PDD PDD Holdings Inc. Add +171.0% 3.67% +1.65 BIDU Baidu Inc. - Spon ADR Add +188.0% 2.85% +1.52 JD Jd.com Inc.-ADR New 1.50% +1.50 KWEB Kranesh Csi China Internet New 1.37% +1.37 BA The Boeing Co. New 0.65% +0.65 LYFT LYFT Inc. Class A New 0.14% +0.14 UPS United Parcel Service Class B Add +20.0% 1.34% −0.06 CZR Caesars Entertainment Inc. Add +2.2% 1.51% −0.36
Options Activity Q4 2023 → Q1 2024 Security Type Change vs Q4 2023 Underlying Shares Value ▼ ARKK ARK Innovation ETF call Sold out 2,550,000 $133.5Mbefore exit MSFT Microsoft Corp. put New 150,000 $63.1M
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 25 $7.5B AMZN, MU, TSM, GOOG, UBER Q1 2026 31 $5.9B AMZN, MU, GOOG, UBER, TSM Q4 2025 38 $6.9B BABA, GOOG, AMZN, MU, META Q3 2025 45 $7.4B BABA, AMZN, WHR, NVDA, GOOG Q2 2025 38 $6.4B BABA, UNH, AMZN, VST, NRG Q1 2025 33 $5.5B BABA, PDD, AMZN, JD, META Q4 2024 35 $6.4B BABA, AMZN, PDD, MSFT, VST Q3 2024 36 $6.7B BABA, PDD, AMZN, MSFT, META Q2 2024 35 $6.1B BABA, AMZN, MSFT, META, GOOG Q1 2024 36 $6.7B BABA, AMZN, MSFT, META, NVDA