$3.41 Billion is the total value of Appaloosa LP's 25 reported holdings in Q3 2019. The portfolio turnover from Q2 2019 to Q3 2019 was 29.6% .
| Value | Shares | ↓ Weighting | ||||||
|---|---|---|---|---|---|---|---|---|
| GOOG | Buy | ALPHABET INCcap stk cl c | $542,333,000 | +133.4% | 444,900 | +106.9% | 15.88% | +533.1% |
| FB | Buy | FACEBOOK INCcl a | $503,076,000 | +40.9% | 2,825,000 | +52.7% | 14.74% | +282.1% |
| AMZN | Buy | AMAZON COM INC | $460,016,000 | +31.3% | 265,000 | +43.2% | 13.47% | +256.1% |
| AABA | Buy | ALTABA INC | $269,578,000 | +270.1% | 13,838,684 | +1218.0% | 7.90% | +903.3% |
| MU | Buy | MICRON TECHNOLOGY INC | $257,100,000 | +640.3% | 6,000,000 | +566.7% | 7.53% | +1908.0% |
| AGN | ALLERGAN PLC | $217,936,000 | +0.5% | 1,295,000 | 0.0% | 6.38% | +172.7% | |
| BABA | New | ALIBABA GROUP HLDG LTDsponsored ads | $217,399,000 | – | 1,300,000 | +100.0% | 6.37% | – |
| PCG | Buy | PG&E CORP | $181,105,000 | -53.0% | 18,110,523 | +7.6% | 5.30% | +27.3% |
| CZR | CAESARS ENTMT CORP | $130,592,000 | -1.4% | 11,200,000 | 0.0% | 3.82% | +167.5% | |
| ET | Buy | ENERGY TRANSFER LP | $76,610,000 | -7.0% | 5,857,027 | +0.1% | 2.24% | +152.1% |
| AVGO | New | BROADCOM INC | $75,947,000 | – | 275,102 | +100.0% | 2.22% | – |
| CRM | SALESFORCE COM INC | $74,220,000 | -2.2% | 500,000 | 0.0% | 2.17% | +165.4% | |
| AMLP | ALPS ETF TRalerian mlp | $59,867,000 | -7.2% | 6,550,000 | 0.0% | 1.75% | +151.5% | |
| ADBE | Buy | ADOBE INC | $56,631,000 | +71.6% | 205,000 | +83.0% | 1.66% | +366.0% |
| TMUS | T MOBILE US INC | $55,139,000 | +6.2% | 700,000 | 0.0% | 1.62% | +188.4% | |
| UNH | Sell | UNITEDHEALTH GROUP INC | $54,330,000 | -33.5% | 250,000 | -25.4% | 1.59% | +80.2% |
| VST | VISTRA ENERGY CORP | $45,952,000 | +18.1% | 1,719,100 | 0.0% | 1.35% | +220.5% | |
| CAESARS ENTMT CORPnote 5.000%10/0 | $34,516,000 | -0.1% | 20,000,000 | 0.0% | 1.01% | +171.0% | ||
| LNG | CHENIERE ENERGY INC | $25,855,000 | -7.9% | 410,000 | 0.0% | 0.76% | +149.8% | |
| XOP | Sell | SPDR SERIES TRUSTs&p oilgas exp | $24,596,000 | -30.6% | 1,100,000 | -15.4% | 0.72% | +88.0% |
| HUM | Sell | HUMANA INC | $19,175,000 | -24.2% | 75,000 | -21.4% | 0.56% | +105.9% |
| BA | New | BOEING CO | $11,414,000 | – | 30,000 | +100.0% | 0.33% | – |
| CWEN | Sell | CLEARWAY ENERGY INCcl c | $10,901,000 | -7.7% | 597,295 | -14.7% | 0.32% | +151.2% |
| COOP | Sell | MR COOPER GROUP INC | $6,930,000 | -32.9% | 652,500 | -49.4% | 0.20% | +81.2% |
| CWENA | Sell | CLEARWAY ENERGY INCcl a | $3,034,000 | -10.8% | 174,962 | -16.8% | 0.09% | +140.5% |
| QCOM | Exit | QUALCOMM INCcall | $0 | – | -75,000 | -100.0% | -0.06% | – |
| CNC | Exit | CENTENE CORP DEL | $0 | – | -127,815 | -100.0% | -0.07% | – |
| INTEQ | Exit | INTELSAT S A | $0 | – | -592,000 | -100.0% | -0.12% | – |
| QQQ | Exit | INVESCO QQQ TRcall | $0 | – | -8,261,400 | -100.0% | -16.66% | – |
| SPY | Exit | SPDR S&P 500 ETF TRcall | $0 | – | -18,206,800 | -100.0% | -57.60% | – |
Original filings
The following EDGAR filing(s) were analyzed to create this report:
- View 13F-HR filed 2019-11-14
About Appaloosa LP
Appaloosa LP is a hedge fund founded in 1993 by David Tepper, who is also the current CEO and Chief Investment Officer. The fund is based in Miami Beach, Florida, and manages over $13 billion in assets. Appaloosa LP is known for its successful investments in distressed debt, as well as its expertise in macroeconomic analysis.
In recent years, Appaloosa LP has made headlines for its investments in technology companies such as Facebook, Amazon, and Alphabet. The fund has also been active in the energy sector, with investments in companies such as Chesapeake Energy and Williams Companies.
In addition to Tepper, Appaloosa LP has a team of experienced investment professionals, including President and COO Jack Walton and Senior Portfolio Manager Jonathan Keehner. The fund's investment strategy is based on a combination of fundamental analysis and macroeconomic trends, with a focus on identifying undervalued assets and taking advantage of market inefficiencies.
While Appaloosa LP has had its share of ups and downs over the years, the fund has a strong track record of delivering solid returns for its investors. However, as with any investment, it is important for investors to do their own research and carefully consider their own risk tolerance before making any decisions.
It's important to note that this information is for educational purposes only and has not been fact-checked. As with any investment, it's important to do your own research and consult with a financial advisor before making any investment decisions.
Top long-term holdings
| Name | Quarters owned | Latest quarter owned | Max weighting |
|---|---|---|---|
| ALPHABET INC | 31 | Q3 2023 | 15.9% |
| META PLATFORMS INC | 30 | Q3 2023 | 14.7% |
| UNITEDHEALTH GROUP INC | 27 | Q3 2023 | 5.9% |
| ENERGY TRANSFER LP | 26 | Q3 2023 | 9.0% |
| MICRON TECHNOLOGY INC | 25 | Q3 2023 | 28.6% |
| ALIBABA GROUP HLDG LTD | 22 | Q3 2023 | 13.5% |
| HCA HOLDINGS INC | 20 | Q1 2023 | 4.4% |
| AMAZON COM INC | 19 | Q3 2023 | 14.9% |
| PG&E CORP | 19 | Q2 2022 | 13.4% |
| ALLERGAN PLC | 17 | Q1 2020 | 15.9% |
View Appaloosa LP's complete holdings history.
Latest significant ownerships (13-D/G)
| Filed | Shares | Percentage | |
|---|---|---|---|
| Intelsat S.A. | April 23, 2020 | 6,950,000 | 4.9% |
| Atlantica Yield plc | February 14, 2018 | 3,543,012 | 2.3% |
| WMIH CORP. | October 13, 2016 | 7,600,000 | 3.7% |
| Abengoa Yield plc | February 12, 2016 | 6,303,713 | 6.3% |
View Appaloosa LP's complete significant-ownership history.
Latest filings
| Type | Filed |
|---|---|
| 13F-HR | 2024-02-14 |
| 13F-HR | 2023-11-14 |
| 13F-HR | 2023-08-14 |
| 13F-HR | 2023-05-15 |
| 13F-HR | 2023-02-14 |
| 13F-HR | 2022-11-14 |
| 13F-HR | 2022-08-15 |
| 13F-HR | 2022-05-16 |
| 13F-HR | 2022-02-14 |
| 13F-HR | 2021-11-15 |
View Appaloosa LP's complete filings history.
All filings
- Holdings (13F-HR)
- Significant ownership (13-D/G)
- Insider transactions (4, 5, 6)
- Events (8-K)
- Shareholder votes (proxy)
View complete filings history.