13F · As of Q2 2026 · filed 2026-08-14 · compared with Q1 2026

Appaloosa

David Tepper's fund

Appaloosa reported 27 US-listed positions worth $7.7B at the end of Q2 2026. The top three — Amazon (15.4%), Micron Technology (14.6%), Taiwan Semiconductor Manufac (10.2%) — make up 40.2% of the portfolio. Against Q1 2026 it opened 6 new positions, sold out of 12, added to 11 and trimmed 5.

$7.7BReported value

27Positions

6 / 12New / Sold out

New positions

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Boeing	BA	173M	2.24%	800,000	New
American Airlines Group	AAL	136M	1.75%	7,500,000	New
Coreweave	CRWV	107M	1.39%	1,078,248	New
Broadcom	AVGO	56.7M	0.73%	150,000	New
Space Exploration Techn	SPCX	38.4M	0.50%	225,000	New
Goodyear Tire & Rubr	GT	10.0M	0.13%	1,508,591	New

Security

Ticker

Value ($)

Weight

vs prior quarter

Boeing

173M

2.24%

800,000

New

American Airlines Group

AAL

136M

1.75%

7,500,000

New

Coreweave

CRWV

107M

1.39%

1,078,248

New

Broadcom

AVGO

56.7M

0.73%

150,000

New

Space Exploration Techn

SPCX

38.4M

0.50%

225,000

New

Goodyear Tire & Rubr

10.0M

0.13%

1,508,591

New

Sold out

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Sandisk	SNDK	179M	—	281,250	Sold out
Corning	GLW	154M	—	1,129,500	Sold out
PDD	PDD	92.0M	—	900,000	Sold out
L3harris Technologies	LHX	68.3M	—	198,000	Sold out
Rtx	RTX	66.0M	—	342,000	Sold out
Ball	BALL	49.5M	—	837,000	Sold out
JD.Com	JD	38.6M	—	1,305,000	Sold out
Lyft	LYFT	35.9M	—	2,700,000	Sold out
Microsoft	MSFT	33.3M	—	90,000	Sold out
Kraneshares Trust	KWEB	30.7M	—	1,080,000	Sold out
Unitedhealth Group	UNH	24.4M	—	90,000	Sold out
DDeutsche Bk	—	7.7M	—	257,616	Sold out

Security

Ticker

Value ($)

Weight

vs prior quarter

Sandisk

SNDK

179M

—

281,250

Sold out

Corning

GLW

154M

—

1,129,500

Sold out

PDD

92.0M

—

900,000

Sold out

L3harris Technologies

LHX

68.3M

—

198,000

Sold out

Rtx

RTX

66.0M

—

342,000

Sold out

Ball

BALL

49.5M

—

837,000

Sold out

JD.Com

38.6M

—

1,305,000

Sold out

Lyft

LYFT

35.9M

—

2,700,000

Sold out

Microsoft

MSFT

33.3M

—

90,000

Sold out

Kraneshares Trust

KWEB

30.7M

—

1,080,000

Sold out

Unitedhealth Group

UNH

24.4M

—

90,000

Sold out

DDeutsche Bk

—

7.7M

—

257,616

Sold out

Added to

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Amazon	AMZN	1.2B	15.4%	5,000,000	▲ 16%
Taiwan Semiconductor Manufac	TSM	788M	10.2%	1,650,000	▲ 24%
Alphabet	GOOG	654M	8.46%	1,850,000	▲ 7%
Uber Technologies	UBER	555M	7.19%	7,694,071	▲ 21%
Ishares	EWY	490M	6.34%	2,425,000	▲ 1%
Meta Platforms	META	380M	4.92%	675,000	▲ 55%
Vistra	VST	351M	4.55%	2,215,272	▲ 10%
Nvidia	NVDA	305M	3.95%	1,525,000	▲ 4%
Nrg Energy	NRG	257M	3.33%	1,760,000	▲ 1%
Baidu	BIDU	148M	1.92%	1,295,000	▲ 87%
AAsml Hldg	—	99.5M	1.29%	50,000	▲ 1%

Security

Ticker

Value ($)

Weight

vs prior quarter

Amazon

AMZN

1.2B

15.4%

5,000,000

▲ 16%

Taiwan Semiconductor Manufac

TSM

788M

10.2%

1,650,000

▲ 24%

Alphabet

GOOG

654M

8.46%

1,850,000

▲ 7%

Uber Technologies

UBER

555M

7.19%

7,694,071

▲ 21%

Ishares

EWY

490M

6.34%

2,425,000

▲ 1%

Meta Platforms

Trimmed

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Micron Technology	MU	1.1B	14.6%	975,000	▼ 41%
Alibaba Group Hldg	BABA	192M	2.48%	2,000,000	▼ 42%
Advanced Micro Devices	AMD	115M	1.49%	197,500	▼ 11%
Qualcomm	QCOM	46.2M	0.60%	250,000	▼ 50%
Whirlpool	WHR	28.2M	0.36%	715,000	▼ 63%

Security

Ticker

Value ($)

Weight

vs prior quarter

Micron Technology

1.1B

14.6%

975,000

▼ 41%

Alibaba Group Hldg

BABA

192M

2.48%

2,000,000

▼ 42%

Advanced Micro Devices

AMD

115M

1.49%

197,500

▼ 11%

Qualcomm

QCOM

46.2M

0.60%

250,000

▼ 50%

Whirlpool

WHR

28.2M

0.36%

715,000

▼ 63%

All holdings

CSV ↓

Security	Ticker	Value ($)	Weight	Shares	vs prior quarter
Amazon	AMZN	1.2B	15.4%	5,000,000	▲ 16%
Micron Technology	MU	1.1B	14.6%	975,000	▼ 41%
Taiwan Semiconductor Manufac	TSM	788M	10.2%	1,650,000	▲ 24%
Alphabet	GOOG	654M	8.46%	1,850,000	▲ 7%
Uber Technologies	UBER	555M	7.19%	7,694,071	▲ 21%
Ishares	EWY	490M	6.34%	2,425,000	▲ 1%
Meta Platforms	META	380M	4.92%	675,000	▲ 55%
Vistra	VST	351M	4.55%	2,215,272	▲ 10%
Nvidia	NVDA	305M	3.95%	1,525,000	▲ 4%
Nrg Energy	NRG	257M	3.33%	1,760,000	▲ 1%
Apple (PUT)	AAPL	242M	3.13%	835,000	New
Alibaba Group Hldg	BABA	192M	2.48%	2,000,000	▼ 42%
Boeing	BA	173M	2.24%	800,000	New
Lam Research	LRCX	166M	2.15%	382,500	–
Baidu	BIDU	148M	1.92%	1,295,000	▲ 87%
American Airlines Group	AAL	136M	1.75%	7,500,000	New
Advanced Micro Devices	AMD	115M	1.49%	197,500	▼ 11%
Coreweave	CRWV	107M	1.39%	1,078,248	New
AAsml Hldg	—	99.5M	1.29%	50,000	▲ 1%
Broadcom	AVGO	56.7M	0.73%	150,000	New
Qualcomm	QCOM	46.2M	0.60%	250,000	▼ 50%
Space Exploration Techn	SPCX	38.4M	0.50%	225,000	New
Energy Transfer	ET	30.1M	0.39%	1,576,125	–
Mplx	MPLX	28.3M	0.37%	502,460	–
Whirlpool	WHR	28.2M	0.36%	715,000	▼ 63%
Berkshire Hathaway (PUT)	BRK-B	12.5M	0.16%	25,000	New
Goodyear Tire & Rubr	GT	10.0M	0.13%	1,508,591	New

Security

Ticker

Value ($)

Weight

vs prior quarter

Amazon

AMZN

1.2B

15.4%

5,000,000

▲ 16%

Micron Technology

1.1B

14.6%

975,000

▼ 41%

Taiwan Semiconductor Manufac

TSM

788M

10.2%

1,650,000

▲ 24%

Alphabet

GOOG

654M

8.46%

1,850,000

▲ 7%

Uber Technologies

UBER

555M

7.19%

7,694,071

▲ 21%

Ishares

EWY

490M

6.34%

2,425,000

▲ 1%

Meta Platforms

If you had bought then

Q1 2026 → Q2 2026

Bought Appaloosa's top 10 holdings at the end of Q1 2026, in its weights, and they were +43.9% by the end of Q2 2026. The S&P 500 ETF (SPY) moved +14.8% over the same dates.

+43.9%Top 10, weighted

+14.8%S&P 500 (SPY)

+29.0%pDifference

Stock	Weight	Q1 2026 end	Q2 2026 end	Change
Amazon	20.4%	$208.27	$238.34	+14.4%
Micron Technology	12.8%	$337.84	$1154.29	+241.7%
Alphabet	11.3%	$286.86	$353.33	+23.2%
Uber Technologies	10.3%	$71.93	$72.16	+0.3%
Taiwan Semiconductor Manufac	10.2%	$337.95	$477.57	+41.3%
Alibaba Group Hldg	9.86%	$125.46	$95.98	-23.5%
Vistra	6.90%	$150.33	$158.63	+5.5%
Ishares	6.70%	$123.01	$201.90	+64.1%
Nvidia	5.82%	$174.40	$200.09	+14.7%
Nrg Energy	5.75%	$146.14	$146.06	-0.1%

Prices are the quarter-end values reported in 13F filings (value ÷ shares, median across tracked filers), adjusted for confirmed splits; dividends excluded. 13F shows only quarter-end holdings, so this is not the investor's actual return. Past performance does not indicate future results.

Questions

What is Appaloosa's largest holding?

Amazon, 15.4% of reported US holdings ($1.2B) at the end of Q2 2026.

What did Appaloosa buy last quarter?

6 new positions, largest: Boeing, American Airlines Group, Coreweave.

What did Appaloosa sell out of?

12 positions, including Sandisk, Corning, PDD.

How current is this data?

It is Appaloosa's Form 13F for the quarter ending 2026-06-30, filed 2026-08-14. 13F filings are due 45 days after quarter end and list US-listed long positions only.

Restated and computed from SEC (13F, 13D/G, Form 4) and DART filings and NPS public data. Filings describe a past date and may differ from current holdings (13F: quarter end, up to 45 days later). Not investment advice.
Sources: SEC EDGAR, DART, data.go.kr (NPS), OpenFIGI. See Methodology for how figures are computed.