What David Tepper Bought in Q1 2025
Appaloosa Management · Quarterly 13F recap as filed with the SEC.
Period: 2025-03-31 · Filed · Historical
$8.38B
Total Value
38
Holdings
7
New Buys
12
Reduced
In Q1 2025, David Tepper reported 38 long equity positions worth $8.38B in their Appaloosa Management 13F filing, including 7 new positions (largest: SPDR SER TR at $2.52B) and 17 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | SPYX | SPDR SER TR | 4500000 | $2.52B | 30.03% | NEW |
| 2 | BABA | ALIBABA GROUP HLDG LTD | 9230000 | $1.22B | 14.56% | +-22.1% |
| 3 | PDD | PDD HOLDINGS INC | 4370000 | $517.2M | 6.17% | -18.4% |
| 4 | AMZN | AMAZON COM INC | 2510000 | $477.6M | 5.70% | -3.5% |
| 5 | JD | JD.COM INC | 8050000 | $331.0M | 3.95% | +-23.1% |
| 6 | META | META PLATFORMS INC | 550000 | $317.0M | 3.78% | +12.2% |
| 7 | GOOG | ALPHABET INC | 2010000 | $314.0M | 3.75% | +6.8% |
| 8 | AAPL | APPLE INC | 1250000 | $277.7M | 3.31% | NEW |
| 9 | VST | VISTRA CORP | 2300000 | $270.1M | 3.22% | -14.8% |
| 10 | UBER | UBER TECHNOLOGIES INC | 3200000 | $233.2M | 2.78% | +113.3% |
| 11 | FXI | ISHARES TR | 5600000 | $200.7M | 2.39% | -15.6% |
| 12 | NRG | NRG ENERGY INC | 2050000 | $195.7M | 2.33% | +12.9% |
| 13 | MSFT | MICROSOFT CORP | 510000 | $191.4M | 2.28% | -47.4% |
| 14 | KWEB | KRANESHARES TRUST | 4000000 | $139.6M | 1.67% | -12.6% |
| 15 | LYFT | LYFT INC | 9000000 | $106.8M | 1.27% | +-33.3% |
| 16 | ORCL | ORACLE CORP | 700000 | $97.9M | 1.17% | +-50.0% |
| 17 | ET | ENERGY TRANSFER L P | 4957235 | $92.2M | 1.10% | +0.9% |
| 18 | UNH | UNITEDHEALTH GROUP INC | 175000 | $91.7M | 1.09% | +0.3% |
| 19 | DB | DEUTSCHE BANK A G | 3750000 | $89.4M | 1.07% | NEW |
| 20 | GLW | CORNING INC | 1743629 | $79.8M | 0.95% | +16.2% |
| 21 | BIDU | BAIDU INC | 775000 | $71.3M | 0.85% | +-49.3% |
| 22 | LHX | L3HARRIS TECHNOLOGIES INC | 300000 | $62.8M | 0.75% | NEW |
| 23 | CZR | CAESARS ENTERTAINMENT INC NE | 2200000 | $55.0M | 0.66% | — |
| 24 | QCOM | QUALCOMM INC | 350000 | $53.8M | 0.64% | -56.3% |
| 25 | ASML | ASML HOLDING N V | 70000 | $46.4M | 0.55% | +-56.3% |
| 26 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | 270000 | $44.8M | 0.53% | +8.0% |
| 27 | BEKE | KE HLDGS INC | 1900000 | $38.2M | 0.46% | -26.2% |
| 28 | LRCX | LAM RESEARCH CORP | 500000 | $36.4M | 0.43% | +-60.0% |
| 29 | MU | MICRON TECHNOLOGY INC | 400000 | $34.8M | 0.41% | +-66.7% |
| 30 | NVDA | NVIDIA CORPORATION | 300000 | $32.5M | 0.39% | -55.9% |
| 31 | MPLXP | MPLX LP | 578500 | $31.0M | 0.37% | — |
| 32 | WYNN | WYNN RESORTS LTD | 320000 | $26.7M | 0.32% | -36.0% |
| 33 | LVS | LAS VEGAS SANDS CORP | 590000 | $22.8M | 0.27% | -34.4% |
| 34 | AVGO | BROADCOM INC | 130000 | $21.8M | 0.26% | NEW |
| 35 | SMH | VANECK ETF TRUST | 100000 | $21.1M | 0.25% | NEW |
| 36 | EXEEL | EXPAND ENERGY CORPORATION | 117321 | $12.3M | 0.15% | -53.1% |
| 37 | EXEEL | EXPAND ENERGY CORPORATION | 65398 | $6.5M | 0.08% | +-56.4% |
| 38 | BSQKZ | BLOCK INC | 75000 | $4.1M | 0.05% | NEW |