Appaloosa Management Portfolio
Appaloosa Management is managed by David Tepper; 13F filer (CIK 0001656456).
Q2 2026 · 26 positions · Total reported value $7.69B · Top-10 concentration 79.3%
Turnover: 63.2% · 7 new · 5 cut · 12 exited
Active Share (vs S&P 500): 78.2% · vs QQQ: 72.2% — share of the book that differs from index weights (higher = more active) · ranking
In its Q2 2026 13F filing, Appaloosa Management disclosed 26 equity positions with a combined reported value of $7.69B. The filing implies a focused portfolio: its ten largest positions account for 79.3% of reported value. HoldingsHub classifies the profile as Mid / Focused / Technology Tilt / High Turnover.
The largest disclosed positions as of Q2 2026 were AMZN ($1.19B), MU ($1.13B), TSM ($787.99M). By sector, the heaviest allocations are Technology 55.1%, Consumer Discretionary 27.5%. Versus the prior quarter, allocation shifted toward Technology (+11.9pp), Other (+1.0pp) and away from Utilities (-1.6pp), Industrials (-3.4pp).
Versus the prior quarter, Appaloosa Management opened 7 new positions, trimmed 5 and fully exited 12, a turnover rate of 63.2% of positions. The portfolio's overlap with the prior quarter was 50% of names.
Figures come from the fund's SEC Form 13F filing. 13F reports are filed within 45 days of quarter end and cover long positions of $100,000 or more; they exclude short positions and non-13F asset classes, so treat this page as a quarter-end snapshot rather than the fund's live book.
Sector Allocation
| # | Symbol | Company | Shares | Value | Weight | Change |
|---|---|---|---|---|---|---|
| 1 | AMZN | AMAZON COM INC | 5.00M | $1.19B | 15.50% | Add |
| 2 | MU | MICRON TECHNOLOGY INC | 975.00K | $1.13B | 14.64% | Reduce |
| 3 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 1.65M | $787.99M | 10.25% | Add |
| 4 | GOOG | ALPHABET INC | 1.85M | $653.66M | 8.50% | Add |
| 5 | UBER | UBER TECHNOLOGIES INC | 7.69M | $555.20M | 7.22% | Add |
| 6 | EWY | ISHARES INC | 2.42M | $489.61M | 6.37% | Add |
| 7 | META | META PLATFORMS INC. CLASS A | 675.00K | $380.22M | 4.95% | Add |
| 8 | VST | VISTRA CORP | 2.22M | $351.41M | 4.57% | Add |
| 9 | NVDA | NVIDIA CORPORATION | 1.52M | $305.14M | 3.97% | Add |
| 10 | NRG | NRG ENERGY INC. | 1.76M | $257.07M | 3.34% | Add |
| 11 | AAPL | APPLE INC | 835.00K | $241.62M | 3.14% | New |
| 12 | BABA | ALIBABA GROUP HLDG LTD | 2.00M | $191.96M | 2.50% | Reduce |
| 13 | BA | BOEING CO | 800.00K | $173.18M | 2.25% | New |
| 14 | LRCX | LAM RESEARCH CORP | 382.50K | $165.75M | 2.16% | Hold |
| 15 | BIDU | BAIDU INC | 1.29M | $148.01M | 1.93% | Add |
| 16 | AAL | AMERICAN AIRLINES GROUP INC | 7.50M | $135.53M | 1.76% | New |
| 17 | AMD | ADVANCED MICRO DEVICES INC | 197.50K | $114.73M | 1.49% | Reduce |
| 18 | CRWV | COREWEAVE INC | 1.08M | $107.33M | 1.40% | New |
| 19 | ASML | ASML HLDG NV | 50.00K | $99.47M | 1.29% | Add |
| 20 | AVGO | BROADCOM INC | 150.00K | $56.66M | 0.74% | New |
| 21 | QCOM | QUALCOMM INC | 250.00K | $46.20M | 0.60% | Reduce |
| 22 | ET | ENERGY TRANSFER L P | 1.58M | $30.14M | 0.39% | Hold |
| 23 | MPLX | MPLX LP | 502.46K | $28.30M | 0.37% | Hold |
| 24 | WHR | WHIRLPOOL CORP | 715.00K | $28.19M | 0.37% | Reduce |
| 25 | BRKB | BERKSHIRE HATHAWAY INC DEL | 25.00K | $12.51M | 0.16% | New |
| 26 | GT | GOODYEAR TIRE & RUBR CO | 1.51M | $9.96M | 0.13% | New |