David Tepper - Appaloosa Management Options Holdings (Q2 2019)
According to the SEC 13F filed on Aug 14, 2026, the Appaloosa Management portfolio disclosed options positions as of quarter-end Jun 30, 2026. These positions 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 3 call contracts and 0 put contracts across companies such as SPDR S&P 500 (SPY), Invesco QQQ Trust, Series 1 (QQQ), QUALCOMM Incorporated (QCOM). 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 |
|---|---|---|---|---|---|
| Q2 2019 | SPY | SPDR S&P 500 | CALL | 18,206,800 | $5,334,592.00 |
| Q2 2019 | QQQ | Invesco QQQ Trust, Series 1 | CALL | 8,261,400 | $1,542,734.00 |
| Q2 2019 | QCOM | QUALCOMM Incorporated | CALL | 75,000 | $5,705.00 |
Note: Notional value represents the total exposure of the options position.