David Tepper - Appaloosa Management 13F Activity & Position Changes (Q4 2024)

According to the SEC 13F filed on Feb 10, 2025, the Appaloosa Management portfolio showed several notable changes in holdings as of quarter-end Dec 31, 2024. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q4 2024, the filing reported:

New Buys - Corning Incorporated

Increases - Advanced Micro Devices, Inc., ASML, Alibaba Group Holding Limited, KE Holdings Inc, Baidu, Inc., and 12 more

Reductions - Amazon.com, Inc., Antero Resources Corporation, EQT Corporation, Energy Transfer LP, FedEx Corporation, and 8 more

Complete Exits - Adobe Inc.,

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q4 2024	ADBE Adobe Inc.	Adobe Inc.	Sell - Position Exit	-200,000	-100.0%	$0.00	-
Q4 2024	AMD Advanced Micro Devices, Inc.	Advanced Micro Devices, Inc.	Buy	+65,000	+5.7%	$144.95M	1,200,000
Q4 2024	AMZN Amazon.com, Inc.	Amazon.com, Inc.	Sell	-600,000	-18.8%	$570.41M	2,600,000
Q4 2024	AR Antero Resources Corporation	Antero Resources Corporation	Sell	-905,000	-51.9%	$29.44M	840,000
Q4 2024	ASML ASML	ASML	Buy	+82,500	+106.5%	$110.89M	160,000
Q4 2024	BABA Alibaba Group Holding Limited	Alibaba Group Holding Limited	Buy	+1,843,158	+18.4%	$1.00B	11,843,158
Q4 2024	BEKE KE Holdings Inc	KE Holdings Inc	Buy	+399,074	+18.3%	$47.41M	2,574,074
Q4 2024	BIDU Baidu, Inc.	Baidu, Inc.	Buy	+102,909	+7.2%	$128.82M	1,527,909
Q4 2024	CHK		Buy	+130,000	+78.8%	$29.37M	295,000
Q4 2024	CZR Caesars Entertainment, Inc.	Caesars Entertainment, Inc.	Buy	+50,000	+2.3%	$73.52M	2,200,000
Q4 2024	EQT EQT Corporation	EQT Corporation	Sell	-995,000	-55.4%	$36.89M	800,000
Q4 2024	ET Energy Transfer LP	Energy Transfer LP	Sell	-1,913,265	-28.0%	$96.28M	4,914,735
Q4 2024	FDX FedEx Corporation	FedEx Corporation	Sell	-25,000	-6.7%	$98.47M	350,000
Q4 2024	FXI iShares China Large-Cap ETF	iShares China Large-Cap ETF	Buy	+802,128	+13.7%	$202.03M	6,637,128
Q4 2024	GLW Corning Incorporated	Corning Incorporated	Buy - Position Entry	+1,500,000	-	$71.28M	1,500,000
Q4 2024	GOOG Alphabet Inc.	Alphabet Inc.	Sell	-1	-0.0%	$358.40M	1,881,963
Q4 2024	INTC Intel Corporation	Intel Corporation	Sell	-1,500,000	-60.0%	$20.05M	1,000,000
Q4 2024	JD JD.com, Inc.	JD.com, Inc.	Buy	+3,165,885	+43.4%	$362.85M	10,465,885
Q4 2024	KWEB KraneShares Trust KraneShares C	KraneShares Trust KraneShares C	Buy	+810,695	+21.5%	$133.79M	4,575,695
Q4 2024	LRCX Lam Research Corporation	Lam Research Corporation	Buy	+1,150,000	+1150.0%	$90.29M	1,250,000
Q4 2024	LVS Las Vegas Sands Corp.	Las Vegas Sands Corp.	Sell	-628,323	-41.1%	$46.22M	900,000
Q4 2024	LYFT Lyft, Inc.	Lyft, Inc.	Sell	-2,250,000	-14.3%	$174.15M	13,500,000
Q4 2024	META Meta Platforms, Inc.	Meta Platforms, Inc.	Sell	-135,000	-21.6%	$286.90M	490,000
Q4 2024	MU Micron Technology, Inc.	Micron Technology, Inc.	Buy	+150,000	+14.3%	$100.99M	1,200,000
Q4 2024	NRG NRG Energy, Inc.	NRG Energy, Inc.	Buy	+815,180	+81.5%	$163.75M	1,815,000
Q4 2024	NVDA NVIDIA Corporation	NVIDIA Corporation	Buy	+55,001	+8.8%	$91.32M	680,001
Q4 2024	ORCL Oracle Corporation	Oracle Corporation	Sell	-173,394	-11.0%	$233.30M	1,400,000
Q4 2024	PDD PDD Holdings Inc.	PDD Holdings Inc.	Buy	+55,000	+1.0%	$519.49M	5,356,132
Q4 2024	SWN		Sell - Position Exit	-4,180,000	-100.0%	$0.00	-
Q4 2024	TSM Taiwan Semiconductor Manufactur	Taiwan Semiconductor Manufactur	Sell	-150,000	-37.5%	$49.37M	250,000

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