Appaloosa
SuperinvestorAppaloosa LP
- SEC CIK
- 0001656456
- Manager
- David Tepper
- Style
- Hedge fund
- Latest filing
- Aug 14, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Feb 17, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 38
- −7 vs. Q3 2025
- Portfolio value
- $6.85B
- −$529.9M (−7.2%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| BABAAlibaba Group Holding Ltd | ADR | 5,137,931 | $753.1M | 11.0% | −1,312,069−20.3% | Reduced | History |
| GOOGAlphabet Inc. | Stock | 1,786,931 | $560.7M | 8.2% | +399,431+28.8% | Added | History |
| AMZNAmazon Com Inc | Stock | 2,179,391 | $503.0M | 7.3% | −320,609−12.8% | Reduced | History |
| MUMicron Technology Inc | Stock | 1,500,000 | $428.1M | 6.2% | +1,000,000+200.0% | Added | History |
| METAMeta Platforms, Inc. | Stock | 600,000 | $396.1M | 5.8% | +230,000+62.2% | Added | History |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ADR | 1,130,000 | $343.4M | 5.0% | +70,000+6.6% | Added | History |
| NVDANVIDIA Corp | Stock | 1,700,000 | $317.1M | 4.6% | −200,000−10.5% | Reduced | History |
| WHRWhirlpool Corp | Stock | 3,910,000 | $282.1M | 4.1% | −1,590,000−28.9% | Reduced | History |
| NRGNRG Energy, Inc. | Stock | 1,640,000 | $261.2M | 3.8% | −230,000−12.3% | Reduced | History |
| MSFTMicrosoft Corp | Stock | 500,000 | $241.8M | 3.5% | +37,500+8.1% | Added | History |
| AALAmerican Airlines Group Inc. | Stock | 14,150,000 | $216.9M | 3.2% | +4,900,000+53.0% | Added | History |
| PDDPDD Holdings Inc. | SPONSORED ADS | 1,775,000 | $201.3M | 2.9% | −25,000−1.4% | Reduced | History |
| QCOMQualcomm Inc | Stock | 1,145,000 | $195.9M | 2.9% | −100,000−8.0% | Reduced | History |
| iShares Inc464286772 | MSCI STH KOR ETF | 1,875,000 | $182.3M | 2.7% | +1,875,000 | New | – |
| Kraneshares Trust500767306 | CSI CHI INTERNET | 4,750,000 | $161.7M | 2.4% | −2,650,000−35.8% | Reduced | – |
| VSTVistra Corp. | Stock | 945,000 | $152.5M | 2.2% | −300,000−24.1% | Reduced | History |
| UBERUber Technologies, Inc | Stock | 1,850,000 | $151.2M | 2.2% | −556,983−23.1% | Reduced | History |
| GLWCorning Inc | COM | 1,570,200 | $137.5M | 2.0% | −54,800−3.4% | Reduced | History |
| DBDeutsche Bank Aktiengesellschaft | NAMEN AKT | 3,150,000 | $121.5M | 1.8% | −640,000−16.9% | Reduced | History |
| JDJD.com, Inc. | SPON ADS CL A | 4,157,046 | $119.3M | 1.7% | −2,067,954−33.2% | Reduced | History |
| OCOwens Corning | Stock | 950,000 | $106.3M | 1.6% | +788,500+488.2% | Added | History |
| RTXRTX Corp | Stock | 500,000 | $91.7M | 1.3% | −9,500−1.9% | Reduced | History |
| LHXL3HARRIS Technologies, Inc. | Stock | 295,000 | $86.6M | 1.3% | −5,000−1.7% | Reduced | History |
| BIDUBaidu, Inc. | ADR | 575,000 | $75.1M | 1.1% | −470,000−45.0% | Reduced | History |
| MHKMohawk Industries Inc | COM | 675,000 | $73.8M | 1.1% | +513,500+318.0% | Added | History |
| LYFTLyft, Inc. | CL A COM | 3,800,000 | $73.6M | 1.1% | −1,800,000−32.1% | Reduced | History |
| LRCXLam Research Corp | Stock | 425,000 | $72.8M | 1.1% | +55,000+14.9% | Added | History |
| AMDAdvanced Micro Devices Inc | Stock | 325,000 | $69.6M | 1.0% | −625,000−65.8% | Reduced | History |
| ASMLASML Holding NV | ADR | 62,500 | $66.9M | 1.0% | −1,500−2.3% | Reduced | History |
| UNHUnitedHealth Group Inc | Stock | 200,000 | $66.0M | 1.0% | −3,500−1.7% | Reduced | History |
| BALLBALL Corp | COM | 1,200,000 | $63.6M | 0.9% | +1,200,000 | New | History |
| IQVIQVIA Holdings Inc. | Stock | 280,000 | $63.1M | 0.9% | −5,000−1.8% | Reduced | History |
| UALUnited Airlines Holdings, Inc. | COM | 465,000 | $52.0M | 0.8% | +2,500+0.5% | Added | History |
| iShares Tr464287184 | CHINA LG-CAP ETF | 1,087,500 | $41.6M | 0.6% | −22,500−2.0% | Reduced | – |
| ETEnergy Transfer LP | COM UT LTD PTN | 2,191,250 | $36.1M | 0.5% | −2,765,985−55.8% | Reduced | History |
| MPLXMPLX LP | COM UNIT REP LTD | 627,500 | $33.5M | 0.5% | +92,500+17.3% | Added | History |
| DALDelta Air Lines, Inc. | COM NEW | 475,000 | $33.0M | 0.5% | +12,500+2.7% | Added | History |
| GTGoodyear Tire & Rubber Co | COM | 2,500,000 | $21.9M | 0.3% | −2,640,000−51.4% | Reduced | History |
Options (1)
Puts and calls in the same filing. Amounts are the market value of the underlying shares, which is what 13F reports.
| Security | Class | Puts | Calls |
|---|---|---|---|
| MUMicron Technology Inc | Stock | – | $71.4M |
Sold out since Q3 2025 (9)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| FISVFiserv Inc | Stock | 925,000 | $119.3M | 1.6% | History |
| TFCTruist Financial Corp | COM | 1,387,500 | $63.4M | 0.9% | History |
| CZRCaesars Entertainment, Inc. | COM | 2,100,000 | $56.8M | 0.8% | History |
| KEYKeycorp | COM | 2,020,000 | $37.8M | 0.5% | History |
| CFGCitizens Financial Group Inc | COM | 600,000 | $31.9M | 0.4% | History |
| CMAComerica Inc | COM | 462,500 | $31.7M | 0.4% | History |
| XYZBlock, Inc. | CL A | 370,000 | $26.7M | 0.4% | History |
| WALWestern Alliance Bancorporation | COM | 195,000 | $16.9M | 0.2% | History |
| ZIONZions Bancorporation, National Association | COM | 285,000 | $16.1M | 0.2% | History |