← All Managers
David Tepper
Appaloosa Management
Distressed debt investor
📍 Miami Beach, FLEst. 1993💰 ~$20B AUM
$6.93B
Portfolio Value
39
Holdings
Q4 '25
Period
2026-02-17
Filed
📈
⚠️ ApproximationSimulated 13F Return
Total Return
+21.4%
Q4 '23 → Q3 '25
Annualized
+11.72%/yr
S&P: +7.63%/yr
Alpha (vs S&P)
+7.68%
7 quarters tracked
1-Year Return
+20.7%
α +6.99%
⚠️ Approximation only. 13F filings are delayed ~45 days. Options, shorts, and intra-quarter trades not captured.
📈 Recent Activity
Changes from previous quarter
BABAREDUCED
10.9% of portfolio
-20% shares-4.7pp
GOOGINCREASED
8.1% of portfolio
+29% shares+3.5pp
AMZNREDUCED
7.3% of portfolio
-13% shares-0.2pp
MUREDUCED
6.2% of portfolio
+200% shares+5.0pp
METAINCREASED
5.7% of portfolio
+62% shares+2.0pp
TSMINCREASED
5.0% of portfolio
+7% shares+0.9pp
NVDAREDUCED
4.6% of portfolio
-11% shares-0.2pp
WHRREDUCED
4.1% of portfolio
-29% shares-1.8pp
NRGREDUCED
3.8% of portfolio
-12% shares-0.3pp
MSFTINCREASED
3.5% of portfolio
+8% shares+0.2pp
AALREDUCED
3.1% of portfolio
+53% shares+1.7pp
PDDREDUCED
2.9% of portfolio
-1% shares-0.3pp
QCOMREDUCED
2.8% of portfolio
-8% shares+0.0pp
EWYNEW
2.6% of portfolio
New position
KWEBREDUCED
2.3% of portfolio
-36% shares-1.9pp
VSTINCREASED
2.2% of portfolio
-24% shares-1.1pp
UBERREDUCED
2.2% of portfolio
-23% shares-1.0pp
CTASREDUCED
2.0% of portfolio
-3% shares+0.2pp
OLOXFREDUCED
1.8% of portfolio
-17% shares-0.1pp
JDREDUCED
1.7% of portfolio
-33% shares-1.2pp
OCINCREASED
1.5% of portfolio
+488% shares+1.2pp
RTXREDUCED
1.3% of portfolio
-2% shares+0.2pp
LHXREDUCED
1.3% of portfolio
-2% shares
BAIDFINCREASED
1.1% of portfolio
-45% shares-0.8pp
MHKINCREASED
1.1% of portfolio
+318% shares+0.8pp
LYFTREDUCED
1.1% of portfolio
-32% shares-0.6pp
LRCXINCREASED
1.1% of portfolio
+15% shares+0.4pp
MUNEW
1.0% of portfolio
New position
AMDREDUCED
1.0% of portfolio
-66% shares-1.1pp
ASMLFREDUCED
1.0% of portfolio
-2% shares+0.1pp
UNHREDUCED
1.0% of portfolio
-2% shares
BALLNEW
0.9% of portfolio
New position
IQVREDUCED
0.9% of portfolio
-2% shares+0.2pp
UTHRINCREASED
0.8% of portfolio
+1% shares+0.1pp
FXIREDUCED
0.6% of portfolio
-2% shares-0.0pp
ETREDUCED
0.5% of portfolio
-56% shares-0.6pp
MPLXPINCREASED
0.5% of portfolio
+17% shares+0.1pp
DALINCREASED
0.5% of portfolio
+3% shares+0.1pp
GTREDUCED
0.3% of portfolio
-51% shares-0.2pp
FISOLD
was 1.6%
Sold out position
Filing price: $128.93
TFC-PRSOLD
was 0.9%
Sold out position
Filing price: $45.72
CZRSOLD
was 0.8%
Sold out position
Filing price: $27.02
KEY-PLSOLD
was 0.5%
Sold out position
Filing price: $18.69
CFGSOLD
was 0.4%
Sold out position
Filing price: $53.16
CMA-PBSOLD
was 0.4%
Sold out position
Filing price: $68.52
XYZSOLD
was 0.4%
Sold out position
Filing price: $72.27
WAL-PASOLD
was 0.2%
Sold out position
Filing price: $86.72
ZIONPSOLD
was 0.2%
Sold out position
Filing price: $56.58
Sold Out (9)
📊 Sector Breakdown
Portfolio allocation by sector
Technology 63.9%Unknown 33.8%Industrials 1.3%Healthcare 1.0%
💼 Holdings
🔍
39 of 39 positions · $6.93B
This quarter: 3 new positions, increased 12, reduced 24, sold 9. Net seller.
| # | Stock | % Portfolio▼ | Activity | Shares | Reported Price | Value | Current Price | +/- Reported | 52w Low | 52w High | SEC | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | BABAALIBABA GROUP HLDG LTD | 10.9% | Reduce 20.34% | 5137931 | $146.58 | $753.1M | — | — | — | — | 📄 | |
| 2 | GOOGALPHABET INC | 8.1% | Add 28.79% | 1786931 | $313.80 | $560.7M | — | — | — | — | 📄 | |
| 3 | AMZNAMAZON COM INC | 7.3% | Reduce 12.82% | 2179391 | $230.82 | $503.0M | — | — | — | — | 📄 | |
| 4 | MUMICRON TECHNOLOGY INC | 6.2% | Reduce 200.00% | 1500000 | $285.41 | $428.1M | — | — | — | — | 📄 | |
| 5 | METAMETA PLATFORMS INC | 5.7% | Add 62.16% | 600000 | $660.09 | $396.1M | — | — | — | — | 📄 | |
| 6 | TSMTAIWAN SEMICONDUCTOR MFG LTD | 5.0% | Add 6.60% | 1130000 | $303.89 | $343.4M | — | — | — | — | 📄 | |
| 7 | NVDANVIDIA CORPORATION | 4.6% | Reduce 10.53% | 1700000 | $186.50 | $317.1M | — | — | — | — | 📄 | |
| 8 | WHRWHIRLPOOL CORP | 4.1% | Reduce 28.91% | 3910000 | $72.14 | $282.1M | — | — | — | — | 📄 | |
| 9 | NRGNRG ENERGY INC | 3.8% | Reduce 12.30% | 1640000 | $159.24 | $261.2M | — | — | — | — | 📄 | |
| 10 | MSFTMICROSOFT CORP | 3.5% | Add 8.11% | 500000 | $483.62 | $241.8M | — | — | — | — | 📄 | |
| 11 | AALAMERICAN AIRLS GROUP INC | 3.1% | Reduce 52.97% | 14150000 | $15.33 | $216.9M | — | — | — | — | 📄 | |
| 12 | PDDPDD HOLDINGS INC | 2.9% | Reduce 1.39% | 1775000 | $113.39 | $201.3M | — | — | — | — | 📄 | |
| 13 | QCOMQUALCOMM INC | 2.8% | Reduce 8.03% | 1145000 | $171.05 | $195.9M | — | — | — | — | 📄 | |
| 14 | EWYISHARES INC | 2.6% | Buy | 1875000 | $97.22 | $182.3M | — | — | — | — | 📄 | |
| 15 | KWEBKRANESHARES TRUST | 2.3% | Reduce 35.81% | 4750000 | $34.05 | $161.7M | — | — | — | — | 📄 | |
| 16 | VSTVISTRA CORP | 2.2% | Add 24.10% | 945000 | $161.33 | $152.5M | — | — | — | — | 📄 | |
| 17 | UBERUBER TECHNOLOGIES INC | 2.2% | Reduce 23.14% | 1850000 | $81.71 | $151.2M | — | — | — | — | 📄 | |
| 18 | CTASCORNING INC | 2.0% | Reduce 3.37% | 1570200 | $87.56 | $137.5M | — | — | — | — | 📄 | |
| 19 | OLOXFDEUTSCHE BANK A G | 1.8% | Reduce 16.89% | 3150000 | $38.56 | $121.5M | — | — | — | — | 📄 | |
| 20 | JDJD.COM INC | 1.7% | Reduce 33.22% | 4157046 | $28.70 | $119.3M | — | — | — | — | 📄 | |
| 21 | OCOWENS CORNING NEW | 1.5% | Add 488.24% | 950000 | $111.91 | $106.3M | — | — | — | — | 📄 | |
| 22 | RTXRTX CORPORATION | 1.3% | Reduce 1.86% | 500000 | $183.40 | $91.7M | — | — | — | — | 📄 | |
| 23 | LHXL3HARRIS TECHNOLOGIES INC | 1.3% | Reduce 1.67% | 295000 | $293.57 | $86.6M | — | — | — | — | 📄 | |
| 24 | BAIDFBAIDU INC | 1.1% | Add 44.98% | 575000 | $130.66 | $75.1M | — | — | — | — | 📄 | |
| 25 | MHKMOHAWK INDS INC | 1.1% | Add 317.96% | 675000 | $109.30 | $73.8M | — | — | — | — | 📄 | |
| 26 | LYFTLYFT INC | 1.1% | Reduce 32.14% | 3800000 | $19.37 | $73.6M | — | — | — | — | 📄 | |
| 27 | LRCXLAM RESEARCH CORP | 1.1% | Add 14.86% | 425000 | $171.18 | $72.8M | — | — | — | — | 📄 | |
| 28 | MUMICRON TECHNOLOGY INCCALL · Notional Value | 1.0% | Buy | 250000 | $285.41 | $71.4M | — | — | — | — | 📄 | |
| 29 | AMDADVANCED MICRO DEVICES INC | 1.0% | Reduce 65.79% | 325000 | $214.16 | $69.6M | — | — | — | — | 📄 | |
| 30 | ASMLFASML HOLDING N V | 1.0% | Reduce 2.34% | 62500 | $1069.86 | $66.9M | — | — | — | — | 📄 | |
| 31 | UNHUNITEDHEALTH GROUP INC | 1.0% | Reduce 1.72% | 200000 | $330.11 | $66.0M | — | — | — | — | 📄 | |
| 32 | BALLBALL CORP | 0.9% | Buy | 1200000 | $52.97 | $63.6M | — | — | — | — | 📄 | |
| 33 | IQVIQVIA HLDGS INC | 0.9% | Reduce 1.75% | 280000 | $225.41 | $63.1M | — | — | — | — | 📄 | |
| 34 | UTHRUNITED AIRLS HLDGS INC | 0.8% | Add 0.54% | 465000 | $111.82 | $52.0M | — | — | — | — | 📄 | |
| 35 | FXIISHARES TR | 0.6% | Reduce 2.03% | 1087500 | $38.29 | $41.6M | — | — | — | — | 📄 | |
| 36 | ETENERGY TRANSFER L P | 0.5% | Reduce 55.80% | 2191250 | $16.49 | $36.1M | — | — | — | — | 📄 | |
| 37 | MPLXPMPLX LP | 0.5% | Add 17.29% | 627500 | $53.37 | $33.5M | — | — | — | — | 📄 | |
| 38 | DALDELTA AIR LINES INC DEL | 0.5% | Add 2.70% | 475000 | $69.40 | $33.0M | — | — | — | — | 📄 | |
| 39 | GTGOODYEAR TIRE & RUBR CO | 0.3% | Reduce 51.36% | 2500000 | $8.76 | $21.9M | — | — | — | — | 📄 |