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Hedge fund · Long-only 13F filer

Appaloosa

$7.5B+$1.5B vs prior 13FUS long stock positions · options add $254.1M at notional · not assets under managementSEC EDGAR · 13F-HR · filed 14 August 2026

Appaloosa's latest 13F filing covers the quarter ended 30 June 2026 and was filed 14 August 2026 (45 days after quarter end): 27 disclosed US-listed positions — $7.5 billion in long stock plus $254 million in options at notional value. Eight new buys, two adds, four trims and twelve exits against the prior quarter. Holdings are up to 45 days old by the time they clear EDGAR.

Portfolio · vs S&P 500AppaloosaS&P 500
Sept 2025Appaloosa +1% · S&P: +12%

The line rebuilds Appaloosa's disclosed 13F holdings at each filing and holds them to the next, tracked against the S&P 500 where daily price history overlaps. Long US equity only — an illustrative read, not an audited return.

S&P 500 overlay: Finazon · prior-day close, most closes dollar-rounded at the source

Portfolio · vs S&P 500AppaloosaS&P 500
Sept 2024Appaloosa +11% · S&P from Sept 2025: +12%

The line rebuilds Appaloosa's disclosed 13F holdings at each filing and holds them to the next, tracked against the S&P 500 where daily price history overlaps. Long US equity only — an illustrative read, not an audited return.

S&P 500 overlay: Finazon · prior-day close, most closes dollar-rounded at the source

Long stock value$7.5B
Positions27
Top holdingAMZN · 15.4%
Top sectorTechnology 54%
New buys · Q2 20268
Exits · Q2 202612

Portfolio reconstructed from SEC EDGAR 13F filings · values as reported · as of Q2 2026

Top holdings — quarter ended 30 June 2026

Largest 15 of 27 positions
PositionValueWeightSharesLast quarter
AMZNAMAZON COM INC$1.2B15.4%5.0MHeld
MUMICRON TECHNOLOGY INC$1.1B14.6%975.0KTrimmed
TSMTAIWAN SEMICONDUCTOR MANUFAC$788.0M10.2%1.6MHeld
GOOGALPHABET INC$653.7M8.5%1.9MHeld
UBERUBER TECHNOLOGIES INC$555.2M7.2%7.7MHeld
EWYISHARES INC$489.6M6.3%2.4MHeld
METAMETA PLATFORMS INC$380.2M4.9%675.0KAdded
VSTVISTRA CORP$351.4M4.5%2.2MHeld
NVDANVIDIA CORPORATION$305.1M3.9%1.5MHeld
NRGNRG ENERGY INC$257.1M3.3%1.8MHeld
AAPLAPPLE INCPut$241.6M3.1%835.0KNew buy
BABAALIBABA GROUP HLDG LTD$192.0M2.5%2.0MTrimmed
BABOEING CO$173.2M2.2%800.0KNew buy
LRCXLAM RESEARCH CORP$165.7M2.1%382.5KHeld
BIDUBAIDU INC$148.0M1.9%1.3MAdded

† Share count moved sharply against value during the quarter — likely a stock split in the reporting, not a real position change.

Quarterly changes — quarter ended 30 June 2026

26 changes vs prior quarter
New buys8
Adds2
Trims4
Exits12

What changed against the previous quarter's filing: new positions first, then adds, trims and exits, each sorted by position size.

PositionChangeShares movedValue after
AAPLAPPLE INCPutNew buy+835.0K$241.6M
BABOEING CONew buy+800.0K$173.2M
AALAMERICAN AIRLINES GROUP INCNew buy+7.5M$135.5M
CRWVCOREWEAVE INCNew buy+1.1M$107.3M
AVGOBROADCOM INCNew buy+150.0K$56.7M
SPCXSPACE EXPLORATION TECHN CORPNew buy+225.0K$38.4M
BRK.BBERKSHIRE HATHAWAY INC DELPutNew buy+25.0K$12.5M
GTGOODYEAR TIRE & RUBR CONew buy+1.5M$10.0M
METAMETA PLATFORMS INCAdded+238.5K$380.2M
BIDUBAIDU INCAdded+602.9K$148.0M
MUMICRON TECHNOLOGY INCTrimmed−690.0K$1.1B
BABAALIBABA GROUP HLDG LTDTrimmed−1.5M$192.0M
QCOMQUALCOMM INCTrimmed−248.6K$46.2M
WHRWHIRLPOOL CORPTrimmed−1.2M$28.2M
SNDKSANDISK CORPSold out−281.3Kwas $178.7M
GLWCORNING INCSold out−1.1Mwas $153.6M
PDDPDD HOLDINGS INCSold out−900.0Kwas $92.0M
LHXL3HARRIS TECHNOLOGIES INCSold out−198.0Kwas $68.3M
RTXRTX CORPORATIONSold out−342.0Kwas $66.0M
BALLBALL CORPSold out−837.0Kwas $49.5M
JDJD.COM INCSold out−1.3Mwas $38.6M
LYFTLYFT INCSold out−2.7Mwas $35.9M
MSFTMICROSOFT CORPSold out−90.0Kwas $33.3M
KWEBKRANESHARES TRUSTSold out−1.1Mwas $30.7M
UNHUNITEDHEALTH GROUP INCSold out−90.0Kwas $24.4M
DBDEUTSCHE BK AGSold out−257.6Kwas $7.7M

Sector allocation

Technology54%
Consumer Cyclical18%
Other / unclassified10%
Utilities8%
Communication Services5%
Industrials4%
Energy1%

Holdings by sector

Technology carries the largest share of disclosed value, at 54%.

Technology54%
AMD · ASML · AVGO · BIDU · CRWV · GOOG · LRCX · MU · NVDA · QCOM · TSM · UBER
Consumer Cyclical18%
AMZN · BABA · GT · WHR
Other / unclassified10%
AAPL · BRK.B · EWY
Utilities8%
NRG · VST
Communication Services5%
META
Industrials4%
AAL · BA · SPCX
Energy1%
ET · MPLX
What is Appaloosa's biggest holding?

As of the quarter ended 30 June 2026, the largest disclosed position was AMZN (AMAZON COM INC), about 15.4% of the disclosed US-listed portfolio by reported value.

What did David Tepper's Appaloosa buy in Q2 2026?

8 new positions were disclosed for the quarter ended 30 June 2026; the largest were a Put on AAPL, BA, AAL. Adds and trims are listed in the quarterly-changes table on this page.

How concentrated is the portfolio?

Fairly concentrated. The top five positions are 56% of disclosed value and the top ten are 79%.

When is Appaloosa's next 13F due?

13F filings for the quarter ended 30 September 2026 are due by 16 November 2026 — managers have 45 days after each calendar quarter ends. Whether Appaloosa files is up to the manager; we show whatever EDGAR receives.

Does this show the whole portfolio?

No. Form 13F covers US-listed long equity and some options only — no short bets, bonds, cash, private businesses, non-US holdings or timing inside the quarter. Amended filings replace originals; this page always shows the latest canonical version.

Read the form itself on SEC EDGAR or see our plain-words guide to 13F filings — Appaloosa may have already changed these positions since 30 June 2026.

Appaloosa 13F portfolio — holdings and quarterly moves · The Distributed