# David Tepper — Appaloosa Management Portfolio USD 7,471,264,000 · 25 positions · 2026 Q2 · history from 2008 Q1. Source: quarterly 13F filings via dataroma.com. Page: https://gigainvestors.com/AM ## Positions (2026 Q2) | Ticker | Company | % of portfolio | Value | This quarter | Holders | |---|---|---:|---:|---|---:| | AMZN | Amazon.com Inc. | 16% | USD 1,191,700,000 | +15.74% | | | MU | Micron Technology Inc. | 15% | USD 1,125,433,000 | -41.44% | | | TSM | Taiwan Semiconductor S.A. | 11% | USD 787,991,000 | +24.29% | | | GOOG | Alphabet Inc. CL C | 8.8% | USD 653,661,000 | +6.77% | | | UBER | Uber Technologies Inc. | 7.4% | USD 555,204,000 | +21.5% | | | EWY | iShares MSCI South Korea ETF | 6.6% | USD 489,608,000 | +1.04% | | | META | Meta Platforms Inc. | 5.1% | USD 380,221,000 | +54.64% | | | VST | Vistra Corp. | 4.7% | USD 351,409,000 | +9.54% | | | NVDA | NVIDIA Corp. | 4.1% | USD 305,137,000 | +3.64% | | | NRG | NRG Energy Inc. | 3.4% | USD 257,066,000 | +1.47% | | | BABA | Alibaba Group Holdings | 2.6% | USD 191,960,000 | -42.28% | | | BA | Boeing Co. | 2.3% | USD 173,176,000 | new | | | LRCX | Lam Research | 2.2% | USD 165,749,000 | hold | | | BIDU | Baidu Inc. | 2.0% | USD 148,006,000 | +87.11% | | | AAL | American Airlines Group Inc. | 1.8% | USD 135,525,000 | new | | | AMD | Advanced Micro Devices | 1.5% | USD 114,730,000 | -10.79% | | | CRWV | Coreweave Inc Cl A | 1.4% | USD 107,329,000 | new | | | ASML | ASML Holding NV | 1.3% | USD 99,472,000 | +1.01% | | | AVGO | Broadcom Inc. | 0.8% | USD 56,663,000 | new | | | QCOM | QUALCOMM Inc. | 0.6% | USD 46,198,000 | -49.86% | | | SPCX | Space Exploration Technologies Corp. | 0.5% | USD 38,444,000 | new | | | ET | Energy Transfer LP | 0.4% | USD 30,136,000 | hold | | | MPLX | MPLX LP | 0.4% | USD 28,304,000 | hold | | | WHR | Whirlpool Corp. | 0.4% | USD 28,185,000 | -63.33% | | | GT | Goodyear Tire & Rubber | 0.1% | USD 9,957,000 | new | | ## Moves this quarter (34) - AMZN Amazon.com Inc.: +15.74% (USD 1,191,700,000) - MU Micron Technology Inc.: -41.44% (USD 1,125,433,000) - TSM Taiwan Semiconductor S.A.: +24.29% (USD 787,991,000) - GOOG Alphabet Inc. CL C: +6.77% (USD 653,661,000) - UBER Uber Technologies Inc.: +21.5% (USD 555,204,000) - EWY iShares MSCI South Korea ETF: +1.04% (USD 489,608,000) - META Meta Platforms Inc.: +54.64% (USD 380,221,000) - VST Vistra Corp.: +9.54% (USD 351,409,000) - NVDA NVIDIA Corp.: +3.64% (USD 305,137,000) - NRG NRG Energy Inc.: +1.47% (USD 257,066,000) - BABA Alibaba Group Holdings: -42.28% (USD 191,960,000) - SNDK SanDisk Corp.: sold (USD 178,689,375) - BA Boeing Co.: new (USD 173,176,000) - GLW Corning Inc.: sold (USD 153,578,115) - BIDU Baidu Inc.: +87.11% (USD 148,006,000) - AAL American Airlines Group Inc.: new (USD 135,525,000) - AMD Advanced Micro Devices: -10.79% (USD 114,730,000) - CRWV Coreweave Inc Cl A: new (USD 107,329,000) - ASML ASML Holding NV: +1.01% (USD 99,472,000) - PDD Pinduoduo Inc.: sold (USD 91,962,000) - LHX L3Harris Technologies Inc.: sold (USD 68,339,700) - RTX RTX Corp.: sold (USD 65,971,800) - AVGO Broadcom Inc.: new (USD 56,663,000) - BALL Ball Corp.: sold (USD 49,475,070) - QCOM QUALCOMM Inc.: -49.86% (USD 46,198,000) - JD JD.com Inc.: sold (USD 38,588,850) - SPCX Space Exploration Technologies Corp.: new (USD 38,444,000) - LYFT Lyft Inc.: sold (USD 35,910,000) - MSFT Microsoft Corp.: sold (USD 33,315,300) - KWEB Kraneshares Csi China Intern: sold (USD 30,704,400) - WHR Whirlpool Corp.: -63.33% (USD 28,185,000) - UNH United Health Group Inc.: sold (USD 24,353,100) - GT Goodyear Tire & Rubber: new (USD 9,957,000) - DB Deutsche Bank AG: sold (USD 7,671,804) ## Portfolio value by quarter - 2008 Q1: USD 1,633,807,850 (5 positions) - 2008 Q2: USD 3,052,586,944 (7 positions) - 2008 Q3: USD 572,033,938 (6 positions) - 2008 Q4: USD 376,494,154 (7 positions) - 2009 Q1: USD 515,321,607 (2 positions) - 2009 Q2: USD 1,158,214,598 (2 positions) - 2009 Q3: USD 1,944,871,884 (3 positions) - 2009 Q4: USD 2,382,996,709 (5 positions) - 2010 Q1: USD 2,646,210,791 (5 positions) - 2010 Q2: USD 2,340,335,827 (5 positions) - 2010 Q3: USD 2,740,280,955 (8 positions) - 2010 Q4: USD 4,272,923,342 (11 positions) - 2011 Q1: USD 3,960,946,404 (13 positions) - 2011 Q2: USD 3,997,432,827 (15 positions) - 2011 Q3: USD 1,390,720,076 (12 positions) - 2011 Q4: USD 589,560,755 (8 positions) - 2012 Q1: USD 2,490,305,244 (13 positions) - 2012 Q2: USD 2,603,691,388 (15 positions) - 2012 Q3: USD 3,544,529,753 (15 positions) - 2012 Q4: USD 4,344,553,885 (15 positions) - 2013 Q1: USD 4,541,177,529 (13 positions) - 2013 Q2: USD 5,015,662,372 (13 positions) - 2013 Q3: USD 4,949,013,819 (13 positions) - 2013 Q4: USD 5,052,690,194 (15 positions) - 2014 Q1: USD 5,739,797,457 (15 positions) - 2014 Q2: USD 6,553,414,391 (16 positions) - 2014 Q3: USD 6,183,574,275 (15 positions) - 2014 Q4: USD 4,018,726,233 (10 positions) - 2015 Q1: USD 4,204,468,402 (12 positions) - 2015 Q2: USD 4,032,637,569 (13 positions) - 2015 Q3: USD 2,814,803,232 (9 positions) - 2015 Q4: USD 4,326,022,071 (15 positions) - 2016 Q1: USD 4,835,870,619 (13 positions) - 2016 Q2: USD 3,737,724,261 (9 positions) - 2016 Q3: USD 3,798,387,990 (14 positions) - 2016 Q4: USD 5,350,850,421 (18 positions) - 2017 Q1: USD 5,704,510,917 (16 positions) - 2017 Q2: USD 6,356,933,846 (20 positions) - 2017 Q3: USD 6,681,507,608 (17 positions) - 2017 Q4: USD 8,748,000,853 (17 positions) - 2018 Q1: USD 9,320,301,326 (18 positions) - 2018 Q2: USD 8,647,999,977 (19 positions) - 2018 Q3: USD 5,607,478,106 (16 positions) - 2018 Q4: USD 2,032,543,017 (13 positions) - 2019 Q1: USD 3,309,365,865 (17 positions) - 2019 Q2: USD 2,243,295,810 (18 positions) - 2019 Q3: USD 3,295,989,380 (20 positions) - 2019 Q4: USD 3,883,127,291 (20 positions) - 2020 Q1: USD 3,267,012,659 (30 positions) - 2020 Q2: USD 5,757,305,298 (37 positions) - 2020 Q3: USD 5,657,616,984 (32 positions) - 2020 Q4: USD 6,687,245,311 (45 positions) - 2021 Q1: USD 6,964,175,803 (62 positions) - 2021 Q2: USD 4,831,270,683 (54 positions) - 2021 Q3: USD 4,198,744,605 (51 positions) - 2021 Q4: USD 3,887,939,737 (44 positions) - 2022 Q1: USD 2,499,541,351 (34 positions) - 2022 Q2: USD 1,593,135,765 (30 positions) - 2022 Q3: USD 1,360,693,339 (22 positions) - 2022 Q4: USD 1,348,109,352 (24 positions) - 2023 Q1: USD 1,850,528,302 (28 positions) - 2023 Q2: USD 5,387,568,279 (39 positions) - 2023 Q3: USD 5,064,991,585 (32 positions) - 2023 Q4: USD 5,656,301,004 (39 positions) - 2024 Q1: USD 6,691,746,588 (38 positions) - 2024 Q2: USD 6,176,610,516 (37 positions) - 2024 Q3: USD 6,733,280,981 (38 positions) - 2024 Q4: USD 6,463,903,149 (37 positions) - 2025 Q1: USD 5,565,588,736 (35 positions) - 2025 Q2: USD 6,447,670,730 (38 positions) - 2025 Q3: USD 7,385,815,263 (45 positions) - 2025 Q4: USD 6,850,927,779 (38 positions) - 2026 Q1: USD 5,933,477,986 (31 positions) - 2026 Q2: USD 7,471,264,000 (25 positions)