David Tepper's Top Holdings in Appaloosa Management Portfolio (2025)

As of December 31, 2025, David Tepper's Appaloosa Management portfolio, valued at approximately $6.85 billion, is dominated by significant positions in large-cap technology and consumer cyclical stocks. The analysis of top holdings reveals notable shifts in share positions across various sectors.

Technology remains a cornerstone of Tepper's portfolio, with allocations in NVIDIA (NVDA), Microsoft (MSFT), and Micron Technology (MU). The portfolio holds 1.7 million shares of NVIDIA, valued at $317 million (4.63% allocation), with a slight decrease in shares (-10.53%) from the previous period. Microsoft, holding 500,000 shares valued at $242 million (3.53% allocation), saw an increase in shares (+8.11%). Micron Technology's position, comprising 1.5 million shares worth $428 million (6.25% allocation), experienced a substantial 200% increase in shares.

Consumer cyclical stocks, including Amazon (AMZN), Alphabet (GOOG), Alibaba (BABA), and Whirlpool (WHR), also feature prominently. Amazon's position, with 2.18 million shares valued at $503 million (7.34% allocation), decreased by 12.82% in shares. Alphabet's stake, holding 1.79 million shares worth $561 million (8.18% allocation), increased significantly by 28.79% in shares. Alibaba's position, with 5.14 million shares valued at $753 million (10.99% allocation), decreased substantially by 20.34% in shares. Whirlpool's stake, comprising 3.91 million shares worth $282 million (4.12% allocation), saw a large decrease of 28.91% in shares.

Communication services stocks, Meta Platforms (META) and Taiwan Semiconductor Manufacturing (TSM), also represent significant portions. Meta's position, with 600,000 shares valued at $396 million (5.78% allocation), increased by 62.16% in shares. TSM's stake, holding 1.13 million shares worth $343 million (5.01% allocation), increased by 6.6% in shares. Energy utility NRG Energy (NRG) holds 1.64 million shares valued at $261 million (3.81% allocation), with a decrease of 12.3% in shares.

For detailed insights into David Tepper's investment strategy and Appaloosa Management's holdings, visit David Tepper's profile. For specific information on each stock holding, explore the profiles at Alibaba, Alphabet, Amazon, Micron Technology, Meta Platforms, Taiwan Semiconductor, NVIDIA, Whirlpool, and NRG Energy.