Appaloosa
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), David Tepper's Appaloosa reported 31 stock positions worth $5.9 billion. Its top holding was Amazon.com (AMZN) at 15.2% of the portfolio, followed by Micron Technology (MU, 9.5%) and Alphabet Class C (GOOG, 8.4%). Compared with Q4 2025, it opened 1 new position, sold out of 8, added to 8 and reduced 22. The biggest buy was Amazon.com (AMZN, shares +98%) and the biggest sale Alibaba Group Holding-SP ADR (BABA, shares −33%).
- Most Recent 13F
- Q2 2026
- Notable People
- David Tepper
- Location
- Short Hills, NJ
- CIK
- 0001656456
- Portfolio Value
- $5.9B (Q1 2026)
- SEC Filing
- 0001656456-26-000002 ↗ filed May 15, 2026
Holdings Value
Holdings 31 stocks · $5.9B
| AMZN Amazon.com Inc. | 15.16% | 4,320,000 | $899.7M | Add +98.2% |
| MU Micron Technology Inc. | 9.48% | 1,665,000 | $562.5M | Add +11.0% |
| GOOG Alphabet Inc. Class C | 8.38% | 1,732,700 | $497.0M | Reduce -3.0% |
| UBER Uber Technologies Inc. | 7.68% | 6,332,720 | $455.5M | Add +242.3% |
| TSM Taiwan Semiconductor-SP ADR | 7.56% | 1,327,500 | $448.6M | Add +17.5% |
| BABA Alibaba Group Holding-SP ADR | 7.33% | 3,465,000 | $434.7M | Reduce -32.6% |
| VST Vistra Corp. | 5.12% | 2,022,332 | $304.0M | Add +114.0% |
| EWY iShares MSCI South Korea ETF | 4.98% | 2,400,000 | $295.2M | Add +28.0% |
| NVDA Nvidia Corp. | 4.33% | 1,471,500 | $256.6M | Reduce -13.4% |
| NRG NRG Energy Inc. | 4.27% | 1,734,442 | $253.5M | Add +5.8% |
| META Meta Platforms Inc. Class A | 4.21% | 436,500 | $249.7M | Reduce -27.3% |
| SNDK Sandisk Corp. | 3.01% | 281,250 | $178.7M | New |
| GLW Corning Inc. | 2.59% | 1,129,500 | $153.6M | Reduce -28.1% |
| WHR Whirlpool Corp. | 1.77% | 1,950,000 | $105.1M | Reduce -50.1% |
| PDD PDD Holdings Inc. | 1.55% | 900,000 | $92.0M | Reduce -49.3% |
| LRCX Lam Research Corp. | 1.38% | 382,500 | $81.7M | Reduce -10.0% |
| BIDU Baidu Inc. - Spon ADR | 1.30% | 692,100 | $77.1M | Add +20.4% |
| LHX L3HARRIS Technologies Inc. | 1.15% | 198,000 | $68.3M | Reduce -32.9% |
| RTX RTX Corp. | 1.11% | 342,000 | $66.0M | Reduce -31.6% |
| ASML ASML Holding NV-NY Reg SHS filed as ASML HLDG NV | 1.10% | 49,500 | $65.4M | Reduce -20.8% |
| QCOM Qualcomm Inc. | 1.08% | 498,613 | $64.2M | Reduce -56.5% |
| BALL Ball Corp. | 0.83% | 837,000 | $49.5M | Reduce -30.3% |
| AMD Advanced Micro Devices | 0.76% | 221,400 | $45.0M | Reduce -31.9% |
| JD Jd.com Inc.-ADR | 0.65% | 1,305,000 | $38.6M | Reduce -68.6% |
| LYFT LYFT Inc. Class A | 0.61% | 2,700,000 | $35.9M | Reduce -28.9% |
| MSFT Microsoft Corp. | 0.56% | 90,000 | $33.3M | Reduce -82.0% |
| KWEB Kranesh Csi China Internet | 0.52% | 1,080,000 | $30.7M | Reduce -77.3% |
| ET Energy Transfer LP | 0.51% | 1,576,125 | $30.4M | Reduce -28.1% |
| MPLX MPLX LP | 0.48% | 502,460 | $28.7M | Reduce -19.9% |
| UNH Unitedhealth Group Inc. | 0.41% | 90,000 | $24.4M | Reduce -55.0% |
| DB Deutsche Bank AG-Registered | 0.13% | 257,616 | $7.7M | Reduce -91.8% |
Portfolio Sells Q4 2025 → Q1 2026
| BABA Alibaba Group Holding-SP ADR | Reduce -32.6% | 7.33% | −3.66 |
| AAL American Airlines Group Inc. | Sold out | 0.00% | −3.17 |
| MSFT Microsoft Corp. | Reduce -82.0% | 0.56% | −2.97 |
| WHR Whirlpool Corp. | Reduce -50.1% | 1.77% | −2.34 |
| KWEB Kranesh Csi China Internet | Reduce -77.3% | 0.52% | −1.84 |
| QCOM Qualcomm Inc. | Reduce -56.5% | 1.08% | −1.78 |
| DB Deutsche Bank AG-Registered | Reduce -91.8% | 0.13% | −1.64 |
| META Meta Platforms Inc. Class A | Reduce -27.3% | 4.21% | −1.57 |
| OC Owens Corning | Sold out | 0.00% | −1.55 |
| PDD PDD Holdings Inc. | Reduce -49.3% | 1.55% | −1.39 |
| JD Jd.com Inc.-ADR | Reduce -68.6% | 0.65% | −1.09 |
| MHK Mohawk Industries Inc. | Sold out | 0.00% | −1.08 |
| IQV Iqvia Holdings Inc. | Sold out | 0.00% | −0.92 |
| UAL United Airlines Holdings Inc. | Sold out | 0.00% | −0.76 |
| FXI iShares China Large-Cap ETF | Sold out | 0.00% | −0.61 |
| UNH Unitedhealth Group Inc. | Reduce -55.0% | 0.41% | −0.55 |
| DAL Delta Air Lines Inc. | Sold out | 0.00% | −0.48 |
| LYFT LYFT Inc. Class A | Reduce -28.9% | 0.61% | −0.47 |
| GT Goodyear Tire & Rubber Co. | Sold out | 0.00% | −0.32 |
| NVDA Nvidia Corp. | Reduce -13.4% | 4.33% | −0.30 |
| AMD Advanced Micro Devices | Reduce -31.9% | 0.76% | −0.26 |
| RTX RTX Corp. | Reduce -31.6% | 1.11% | −0.23 |
| LHX L3HARRIS Technologies Inc. | Reduce -32.9% | 1.15% | −0.11 |
| BALL Ball Corp. | Reduce -30.3% | 0.83% | −0.09 |
| ET Energy Transfer LP | Reduce -28.1% | 0.51% | −0.01 |
| MPLX MPLX LP | Reduce -19.9% | 0.48% | −0.01 |
| ASML ASML Holding NV-NY Reg SHS | Reduce -20.8% | 1.10% | +0.13 |
| GOOG Alphabet Inc. Class C | Reduce -3.0% | 8.38% | +0.20 |
| LRCX Lam Research Corp. | Reduce -10.0% | 1.38% | +0.32 |
| GLW Corning Inc. | Reduce -28.1% | 2.59% | +0.58 |
Portfolio Buys Q4 2025 → Q1 2026
| AMZN Amazon.com Inc. | Add +98.2% | 15.16% | +7.82 |
| UBER Uber Technologies Inc. | Add +242.3% | 7.68% | +5.47 |
| MU Micron Technology Inc. | Add +11.0% | 9.48% | +3.23 |
| SNDK Sandisk Corp. | New | 3.01% | +3.01 |
| VST Vistra Corp. | Add +114.0% | 5.12% | +2.90 |
| TSM Taiwan Semiconductor-SP ADR | Add +17.5% | 7.56% | +2.55 |
| EWY iShares MSCI South Korea ETF | Add +28.0% | 4.98% | +2.32 |
| NRG NRG Energy Inc. | Add +5.8% | 4.27% | +0.46 |
| BIDU Baidu Inc. - Spon ADR | Add +20.4% | 1.30% | +0.20 |
Options Activity Q4 2025 → Q1 2026
| MU Micron Technology Inc. | call | Sold out | 250,000 | $71.4Mbefore exit |
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 |