David Tepper - Appaloosa Management
As of Q2 2026, David Tepper reported 25 long-equity positions worth $7.47B in aggregate.
It also disclosed $254.13M of put notional. Notional is the contracts’ face value, not the premium paid, so it is reported separately from the equity above — see the Options section below.
Copy-investor backtest
- Latest quarter
- +5.11%
- 1-year
- +32.48%
- 3-year
- +124.34%
- 5-year
- +170.12%
- 3-year vs S&P 500
- +51.10%
- 5-year vs S&P 500
- +96.43%
- 5-year top 5
- +192.90%
Return from mechanically copying the disclosed 13F equity portfolio after each filing and rebalancing at the next. The vs S&P 500 figures subtract SPY over that manager's own rebalance dates, so both sides cover the same days; both are price return, excluding dividends. Method & limitations.
Get email alerts when David Tepper files a new 13F — sign in or create a free account.
Updated 2026-06-06 from SEC 13F data.
Live quotes available for 26 of 51 rows. Rows without a quote are marked unavailable.
| 1 | MU | MICRON TECHNOLOGY INC | 29.03% | Reduce -11.2% | 36,000,000 | $1.63B | $45.23 | No quote |
| 2 | META | FACEBOOK INC | 9.68% | Reduce -35.0% | 3,300,000 | $542.72M | $164.46 | No quote |
| 3 | AGN | ALLERGAN PLC | 6.77% | Reduce -41.2% | 1,992,591 | $379.55M | No quote | No quote |
| 4 | BABA | ALIBABA GROUP HLDG LTD | 4.41% | Reduce -43.3% | 1,500,000 | $247.14M | $164.76 | No quote |
| 5 | GOOG | ALPHABET INC | 4.26% | Reduce -39.6% | 200,000 | $238.69M | $1193.47 | No quote |
| 6 | AABA | ALTABA INC | 4.11% | Reduce -47.3% | 3,380,000 | $230.25M | No quote | No quote |
| 7 | TMUS | T MOBILE US INC | 3.37% | Reduce -32.8% | 2,690,127 | $188.79M | $70.18 | No quote |
| 8 | PCG | PG&E CORP | 3.27% | Add +122.5% | 3,991,033 | $183.63M | $46.01 | No quote |
| 9 | LRCX | LAM RESEARCH CORP | 3.18% | Reduce -14.9% | 1,175,000 | $178.25M | $151.70 | No quote |
| 10 | XPO | XPO LOGISTICS INC | 2.75% | Reduce -17.9% | 1,349,868 | $154.11M | $114.17 | No quote |
| 11 | CZR | CAESARS ENTMT CORP | 2.65% | Reduce -7.9% | 14,522,636 | $148.86M | $10.25 | No quote |
| 12 | BAC | BANK AMER CORP | 1.78% | Reduce -53.3% | 3,383,263 | $99.67M | $29.46 | No quote |
| 13 | STT | STATE STR CORP | 1.77% | New | 1,185,823 | $99.35M | $83.78 | No quote |
| 14 | NRG | NRG ENERGY INC | 1.75% | Add +1.7% | 2,616,982 | $97.88M | $37.40 | No quote |
| 15 | UNH | UNITEDHEALTH GROUP INC | 1.66% | Reduce -34.1% | 348,890 | $92.82M | $266.04 | No quote |
| 16 | WMIH | WMIH CORP | 1.56% | Add +4530.1% | 62,767,086 | $87.25M | No quote | No quote |
| 17 | CNC | CENTENE CORP DEL | 1.52% | Reduce -42.5% | 589,688 | $85.38M | $144.78 | No quote |
| 18 | ETP | ENERGY TRANSFER PARTNERS LP | 1.52% | Reduce -31.1% | 3,827,431 | $85.2M | No quote | No quote |
| 19 | DG | DOLLAR GEN CORP NEW | 1.45% | Reduce -18.8% | 746,130 | $81.55M | $109.30 | No quote |
| 20 | ET | ENERGY TRANSFER EQUITY L P | 1.36% | Reduce -26.8% | 4,372,241 | $76.21M | $17.43 | No quote |
| 21 | AY | ATLANTICA YIELD PLC | 1.23% | Reduce -3.2% | 3,351,273 | $68.97M | No quote | No quote |
| 22 | KMT | KENNAMETAL INC | 1.15% | Reduce -26.4% | 1,484,134 | $64.65M | $43.56 | No quote |
| 23 | LNG | CHENIERE ENERGY INC | 1.14% | Reduce -25.4% | 918,000 | $63.79M | No quote | No quote |
| 24 | OC | OWENS CORNING NEW | 1.04% | Reduce -23.8% | 1,073,813 | $58.28M | $54.27 | No quote |
| 25 | HUN | HUNTSMAN CORP | 0.99% | Reduce -34.7% | 2,030,039 | $55.28M | $27.23 | No quote |
| 26 | SUM | SUMMIT MATLS INC | 0.97% | Add +15.5% | 2,979,430 | $54.17M | No quote | No quote |
| 27 | VST | VISTRA ENERGY CORP | 0.88% | Add +6.0% | 1,983,745 | $49.36M | $24.88 | No quote |
| 28 | BYD | BOYD GAMING CORP | 0.82% | Add +0.1% | 1,356,000 | $45.9M | $33.85 | No quote |
| 29 | TMO | THERMO FISHER SCIENTIFIC INC | 0.81% | Reduce -68.0% | 187,000 | $45.64M | $244.08 | No quote |
| 30 | TERP | TERRAFORM PWR INC | 0.63% | Reduce -10.1% | 3,059,858 | $35.34M | No quote | No quote |
| 31 | BSX | BOSTON SCIENTIFIC CORP | 0.59% | Reduce -66.2% | 853,875 | $32.87M | $38.50 | No quote |
| 32 | PAH | PLATFORM SPECIALTY PRODS COR | 0.52% | Reduce -46.4% | 2,323,706 | $28.98M | No quote | No quote |
| 33 | WMB | WILLIAMS COS INC DEL | 0.51% | New | 1,044,422 | $28.4M | $27.19 | No quote |
| 34 | AAPL | APPLE INC | 0.40% | New | 100,000 | $22.57M | $225.74 | No quote |
| 35 | SYK | STRYKER CORP | 0.29% | Reduce -70.9% | 92,000 | $16.35M | $177.68 | No quote |
| 36 | VNTRQ | VENATOR MATLS PLC | 0.22% | Reduce -21.3% | 1,378,979 | $12.41M | No quote | No quote |
| 50 | WPZ | WILLIAMS PARTNERS L P NEW | - | Sold | 0 | $0 | No quote | No quote |
| 49 | WDC | WESTERN DIGITAL CORP | - | Sold | 0 | $0 | No quote | No quote |
| 48 | WFC | WELLS FARGO CO NEW | - | Sold | 0 | $0 | No quote | No quote |
| 47 | UAL | UNITED CONTL HLDGS INC | - | Sold | 0 | $0 | No quote | No quote |
| 46 | UBS | UBS GROUP AG | - | Sold | 0 | $0 | No quote | No quote |
| 45 | SYMC | SYMANTEC CORP | - | Sold | 0 | $0 | No quote | No quote |
| 44 | NXPI | NXP SEMICONDUCTORS N V | - | Sold | 0 | $0 | No quote | No quote |
| 43 | EDU | NEW ORIENTAL ED & TECH GRP I | - | Sold | 0 | $0 | No quote | No quote |
| 42 | MGM | MGM RESORTS INTERNATIONAL | - | Sold | 0 | $0 | No quote | No quote |
| 41 | KNX | KNIGHT SWIFT TRANSN HLDGS IN | - | Sold | 0 | $0 | No quote | No quote |
| 40 | KEY | KEYCORP NEW | - | Sold | 0 | $0 | No quote | No quote |
| 39 | CFG | CITIZENS FINL GROUP INC | - | Sold | 0 | $0 | No quote | No quote |
| 38 | AMLP | ALPS ETF TR | - | Sold | 0 | $0 | No quote | No quote |
| 37 | ALLY | ALLY FINL INC | - | Sold | 0 | $0 | No quote | No quote |
Other instruments
Bonds, warrants, or non-share principal positions reported alongside the equity portfolio.
| 1 | CZR 5 10/01/24 | CAESARS ENTMT CORPNOTE 5.000%10/0 | OTHER | 48,992,834 | $81.14M |