David Tepper - Appaloosa Management Options Activity (Q1 2025)
As of Mar 31, 2025, the Appaloosa Management portfolio disclosed options positions in its latest SEC 13F filing reported on Aug 14, 2025. These filings include call and put options tied to underlying equity holdings, providing a deeper look at the fund's use of derivatives for exposure and hedging.
The reported options activity included 0 call contracts and 3 put contracts across companies such as SPDR S&P 500 Fossil Fuel Reserv (SPYX), Apple Inc. (AAPL), VanEck Semiconductor ETF (SMH). Options positions can signal strategies around hedging risk, enhancing leverage, or adjusting portfolio exposure during market shifts.
Options Positions
Showing 3 of 3 positions.
| Quarter | Symbol | Company | Option | Contracts | Notional Value |
|---|---|---|---|---|---|
| Q1 2025 | SPYX | SPDR S&P 500 Fossil Fuel Reserv | PUT | 4,500,000 | $2,517,255,000.00 |
| Q1 2025 | AAPL | Apple Inc. | PUT | 1,250,000 | $277,662,500.00 |
| Q1 2025 | SMH | VanEck Semiconductor ETF | PUT | 100,000 | $21,147,000.00 |
Note: Notional value represents the total exposure of the options position. For strike, expiration, and historical option strategies, visit the live options page on InsiderSet.
Need earlier quarters? View the historical options archive.