David Tepper - Appaloosa Management Portfolio Holdings
As of Dec 31, 2025, the Appaloosa Management portfolio holdings is valued at approximately $6,853,668,150.00 featuring 38 publicly traded holdings. This in-depth profile highlights the top investments led by ALIBABA GROUP HLDG LTD (BABA), ALPHABET INC (GOOG), AMAZON COM INC (AMZN), MICRON TECHNOLOGY INC (MU), and others based on the company's latest SEC filings reported on Feb 17, 2026. Explore insights into portfolio composition, sector allocation, and recent trade activity.
Appaloosa Management's stock portfolio spans 38 holdings across 8 sectors, with a total market value of $6,853,668,150.00. The Consumer Cyclical sector represents the largest allocation, while the top holdings account for nearly 60% of the total portfolio value. ALIBABA GROUP HLDG LTD remains the single largest position at 11.0% of all equity investments.
Complete Holdings
Showing 38 of 38 holdings.
| # | Company | Symbol | Sector | Portfolio % | Shares | Change (Shares) | Change % | Value |
|---|---|---|---|---|---|---|---|---|
| 1 | ALIBABA GROUP HLDG LTD | BABA | Consumer Cyclical | 10.99% | 5,137,931 | -1,312,069 | -20.34% | $753,117,926.00 |
| 2 | ALPHABET INC | GOOG | Communication Services | 8.18% | 1,786,931 | +399,431 | +28.79% | $560,738,948.00 |
| 3 | AMAZON COM INC | AMZN | Consumer Cyclical | 7.34% | 2,179,391 | -320,609 | -12.82% | $503,047,031.00 |
| 4 | MICRON TECHNOLOGY INC | MU | Technology | 6.25% | 1,500,000 | +1,000,000 | +200.00% | $428,115,000.00 |
| 5 | META PLATFORMS INC | META | Communication Services | 5.78% | 600,000 | +230,000 | +62.16% | $396,054,000.00 |
| 6 | TAIWAN SEMICONDUCTOR MFG LTD | TSM | Technology | 5.01% | 1,130,000 | +70,000 | +6.60% | $343,395,700.00 |
| 7 | NVIDIA CORPORATION | NVDA | Technology | 4.63% | 1,700,000 | -200,000 | -10.53% | $317,050,000.00 |
| 8 | WHIRLPOOL CORP | WHR | Consumer Cyclical | 4.12% | 3,910,000 | -1,590,000 | -28.91% | $282,067,400.00 |
| 9 | NRG ENERGY INC | NRG | Utilities | 3.81% | 1,640,000 | -230,000 | -12.30% | $261,153,600.00 |
| 10 | MICROSOFT CORP | MSFT | Technology | 3.53% | 500,000 | +37,500 | +8.11% | $241,810,000.00 |
| 11 | AMERICAN AIRLS GROUP INC | AAL | Industrials | 3.17% | 14,150,000 | +4,900,000 | +52.97% | $216,919,500.00 |
| 12 | PDD HOLDINGS INC | PDD | Consumer Cyclical | 2.94% | 1,775,000 | -25,000 | -1.39% | $201,267,250.00 |
| 13 | QUALCOMM INC | QCOM | Technology | 2.86% | 1,145,000 | -100,000 | -8.03% | $195,852,250.00 |
| 14 | ISHARES INC | EWY | Other | 2.66% | 1,875,000 | +1,577,000 | +529.19% | $182,287,500.00 |
| 15 | KRANESHARES TRUST | KWEB | Other | 2.36% | 4,750,000 | -2,650,000 | -35.81% | $161,737,500.00 |
| 16 | VISTRA CORP | VST | Utilities | 2.22% | 945,000 | -300,000 | -24.10% | $152,456,850.00 |
| 17 | UBER TECHNOLOGIES INC | UBER | Technology | 2.21% | 1,850,000 | -556,983 | -23.14% | $151,163,500.00 |
| 18 | CORNING INC | GLW | Technology | 2.01% | 1,570,200 | -54,800 | -3.37% | $137,486,712.00 |
| 19 | DEUTSCHE BANK A G | DB | Other | 1.77% | 3,150,000 | -640,000 | -16.89% | $121,464,000.00 |
| 20 | JD.COM INC | JD | Consumer Cyclical | 1.74% | 4,157,046 | -2,067,954 | -33.22% | $119,307,220.00 |
| 21 | OWENS CORNING NEW | OC | Industrials | 1.55% | 950,000 | +788,500 | +488.24% | $106,314,500.00 |
| 22 | RTX CORPORATION | RTX | Industrials | 1.34% | 500,000 | -9,500 | -1.86% | $91,700,000.00 |
| 23 | L3HARRIS TECHNOLOGIES INC | LHX | Industrials | 1.26% | 295,000 | -5,000 | -1.67% | $86,603,150.00 |
| 24 | BAIDU INC | BIDU | Communication Services | 1.10% | 575,000 | -470,000 | -44.98% | $75,129,500.00 |
| 25 | MOHAWK INDS INC | MHK | Consumer Cyclical | 1.08% | 675,000 | +513,500 | +317.96% | $73,777,500.00 |
| 26 | LYFT INC | LYFT | Technology | 1.07% | 3,800,000 | -1,800,000 | -32.14% | $73,606,000.00 |
| 27 | LAM RESEARCH CORP | LRCX | Other | 1.06% | 425,000 | +55,000 | +14.86% | $72,751,500.00 |
| 28 | ADVANCED MICRO DEVICES INC | AMD | Technology | 1.02% | 325,000 | -625,000 | -65.79% | $69,602,000.00 |
| 29 | ASML HOLDING N V | ASML | Other | 0.98% | 62,500 | -1,500 | -2.34% | $66,866,250.00 |
| 30 | UNITEDHEALTH GROUP INC | UNH | Healthcare | 0.96% | 200,000 | -3,500 | -1.72% | $66,022,000.00 |
| 31 | BALL CORP | BALL | Consumer Cyclical | 0.93% | 1,200,000 | +1,200,000 | +100.00% | $63,564,000.00 |
| 32 | IQVIA HLDGS INC | IQV | Healthcare | 0.92% | 280,000 | -5,000 | -1.75% | $63,114,800.00 |
| 33 | UNITED AIRLS HLDGS INC | UAL | Industrials | 0.76% | 465,000 | +2,500 | +0.54% | $51,996,300.00 |
| 34 | ISHARES TR | FXI | Other | 0.61% | 1,087,500 | -22,500 | -2.03% | $41,640,375.00 |
| 35 | ENERGY TRANSFER L P | ET | Energy | 0.53% | 2,191,250 | -2,765,985 | -55.80% | $36,133,713.00 |
| 36 | MPLX LP | MPLX | Energy | 0.49% | 627,500 | +92,500 | +17.29% | $33,489,675.00 |
| 37 | DELTA AIR LINES INC DEL | DAL | Industrials | 0.48% | 475,000 | +12,500 | +2.70% | $32,965,000.00 |
| 38 | GOODYEAR TIRE & RUBR CO | GT | Consumer Cyclical | 0.32% | 2,500,000 | -2,640,000 | -51.36% | $21,900,000.00 |
Holdings by Sector
| Sector | Allocation | Value |
|---|---|---|
| Consumer Cyclical | 29.44% | $2,018,048,327.00 |
| Technology | 28.57% | $1,958,081,162.00 |
| Communication Services | 15.06% | $1,031,922,448.00 |
| Other | 9.44% | $646,747,125.00 |
| Industrials | 8.56% | $586,498,450.00 |
| Utilities | 6.03% | $413,610,450.00 |
| Healthcare | 1.88% | $129,136,800.00 |
| Energy | 1.02% | $69,623,388.00 |
Portfolio insights
As of Dec 31, 2025, the Appaloosa Management portfolio holds 38 securities valued at $6,853,668,150.00. The Consumer Cyclical sector represents the largest allocation, while the top positions account for a significant portion of the total portfolio weight.