What David Tepper Bought in Q3 2025
Appaloosa Management · Quarterly 13F recap as filed with the SEC.
Period: 2025-09-30 · Filed · Historical
$7.38B
Total Value
45
Holdings
10
New Buys
28
Reduced
In Q3 2025, David Tepper reported 45 long equity positions worth $7.38B in their Appaloosa Management 13F filing, including 10 new positions (largest: ADVANCED MICRO DEVICES INC at $153.7M) and 5 increased positions.
| Rank | Ticker | Company | Shares | Value | % Portfolio | Change |
|---|---|---|---|---|---|---|
| 1 | BABA | ALIBABA GROUP HLDG LTD | 6450000 | $1.15B | 15.61% | -8.7% |
| 2 | AMZN | AMAZON COM INC | 2500000 | $548.9M | 7.43% | -7.4% |
| 3 | WHR | WHIRLPOOL CORP | 5500000 | $432.3M | 5.85% | +1967.0% |
| 4 | NVDA | NVIDIA CORPORATION | 1900000 | $354.5M | 4.80% | +8.6% |
| 5 | GOOG | ALPHABET INC | 1387500 | $337.9M | 4.58% | -7.5% |
| 6 | KWEB | KRANESHARES TRUST | 7400000 | $310.9M | 4.21% | +85.0% |
| 7 | NRG | NRG ENERGY INC | 1870000 | $302.8M | 4.10% | -5.6% |
| 8 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | 1060000 | $296.0M | 4.01% | +3.4% |
| 9 | META | META PLATFORMS INC | 370000 | $271.7M | 3.68% | -7.5% |
| 10 | VST | VISTRA CORP | 1245000 | $243.9M | 3.30% | -30.8% |
| 11 | MSFT | MICROSOFT CORP | 462500 | $239.6M | 3.24% | -7.5% |
| 12 | PDD | PDD HOLDINGS INC | 1800000 | $237.9M | 3.22% | -10.0% |
| 13 | UBER | UBER TECHNOLOGIES INC | 2406983 | $235.8M | 3.19% | -12.5% |
| 14 | JD | JD.COM INC | 6225000 | $217.8M | 2.95% | -11.1% |
| 15 | QCOM | QUALCOMM INC | 1245000 | $207.1M | 2.81% | 255.7% |
| 16 | AMD | ADVANCED MICRO DEVICES INC | 950000 | $153.7M | 2.08% | NEW |
| 17 | BIDU | BAIDU INC | 1045000 | $137.7M | 1.86% | 67.2% |
| 18 | DB | DEUTSCHE BANK A G | 3790000 | $134.2M | 1.82% | -5.3% |
| 19 | GLW | CORNING INC | 1625000 | $133.3M | 1.81% | -7.1% |
| 20 | LYFT | LYFT INC | 5600000 | $123.3M | 1.67% | -30.0% |
| 21 | FISV | FISERV INC | 925000 | $119.3M | 1.62% | NEW |
| 22 | AAL | AMERICAN AIRLS GROUP INC | 9250000 | $104.0M | 1.41% | NEW |
| 23 | LHX | L3HARRIS TECHNOLOGIES INC | 300000 | $91.6M | 1.24% | -14.3% |
| 24 | RTX | RTX CORPORATION | 509500 | $85.3M | 1.15% | -12.9% |
| 25 | ET | ENERGY TRANSFER L P | 4957235 | $85.1M | 1.15% | — |
| 26 | MU | MICRON TECHNOLOGY INC | 500000 | $83.7M | 1.13% | -39.4% |
| 27 | UNH | UNITEDHEALTH GROUP INC | 203500 | $70.3M | 0.95% | -91.7% |
| 28 | TFC-PR | TRUIST FINL CORP | 1387500 | $63.4M | 0.86% | NEW |
| 29 | ASML | ASML HOLDING N V | 64000 | $62.0M | 0.84% | -8.6% |
| 30 | CZR | CAESARS ENTERTAINMENT INC NE | 2100000 | $56.8M | 0.77% | — |
| 31 | IQV | IQVIA HLDGS INC | 285000 | $54.1M | 0.73% | -5.0% |
| 32 | LRCX | LAM RESEARCH CORP | 370000 | $49.5M | 0.67% | -7.5% |
| 33 | FXI | ISHARES TR | 1110000 | $45.7M | 0.62% | +11.0% |
| 34 | UAL | UNITED AIRLS HLDGS INC | 462500 | $44.6M | 0.60% | -15.9% |
| 35 | GT | GOODYEAR TIRE & RUBR CO | 5140000 | $38.4M | 0.52% | 496.4% |
| 36 | KEY-PL | KEYCORP | 2020000 | $37.8M | 0.51% | NEW |
| 37 | CFG | CITIZENS FINL GROUP INC | 600000 | $31.9M | 0.43% | NEW |
| 38 | CMA-PB | COMERICA INC | 462500 | $31.7M | 0.43% | NEW |
| 39 | BSQKZ | BLOCK INC | 370000 | $26.7M | 0.36% | -42.3% |
| 40 | MPLXP | MPLX LP | 535000 | $26.7M | 0.36% | -7.5% |
| 41 | DAL | DELTA AIR LINES INC DEL | 462500 | $26.2M | 0.36% | -15.9% |
| 42 | OC | OWENS CORNING NEW | 161500 | $22.8M | 0.31% | NEW |
| 43 | MHK | MOHAWK INDS INC | 161500 | $20.8M | 0.28% | 148.5% |
| 44 | WAL-PA | WESTERN ALLIANCE BANCORP | 195000 | $16.9M | 0.23% | NEW |
| 45 | ZIONP | ZIONS BANCORPORATION N A | 285000 | $16.1M | 0.22% | NEW |