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.
Live quotes available for 18 of 30 rows. Rows without a quote are marked unavailable.
| 1 | GOOG | ALPHABET INC | 16.05% | Add +106.9% | 444,900 | $542.33M | $1219.00 | No quote |
| 2 | META | FACEBOOK INC | 14.89% | Add +52.7% | 2,825,000 | $503.08M | $178.08 | No quote |
| 3 | AMZN | AMAZON COM INC | 13.61% | Add +43.2% | 265,000 | $460.02M | $1735.91 | No quote |
| 4 | AABA | ALTABA INC | 7.98% | Add +1218.0% | 13,838,684 | $269.58M | No quote | No quote |
| 5 | MU | MICRON TECHNOLOGY INC | 7.61% | Add +566.7% | 6,000,000 | $257.1M | $42.85 | No quote |
| 6 | AGN | ALLERGAN PLC | 6.45% | - | 1,295,000 | $217.94M | No quote | No quote |
| 7 | BABA | ALIBABA GROUP HLDG LTD | 6.43% | New | 1,300,000 | $217.4M | $167.23 | No quote |
| 8 | PCG | PG&E CORP | 5.36% | Add +7.6% | 18,110,523 | $181.11M | $10.00 | No quote |
| 9 | CZR | CAESARS ENTMT CORP | 3.86% | - | 11,200,000 | $130.59M | $11.66 | No quote |
| 10 | ET | ENERGY TRANSFER LP | 2.27% | Add +0.1% | 5,857,027 | $76.61M | $13.08 | No quote |
| 11 | AVGO | BROADCOM INC | 2.25% | New | 275,102 | $75.95M | $276.07 | No quote |
| 12 | CRM | SALESFORCE COM INC | 2.20% | - | 500,000 | $74.22M | $148.44 | No quote |
| 13 | AMLP | ALPS ETF TR | 1.77% | - | 6,550,000 | $59.87M | $9.14 | No quote |
| 14 | ADBE | ADOBE INC | 1.68% | Add +83.0% | 205,000 | $56.63M | $276.25 | No quote |
| 15 | TMUS | T MOBILE US INC | 1.63% | - | 700,000 | $55.14M | $78.77 | No quote |
| 16 | UNH | UNITEDHEALTH GROUP INC | 1.61% | Reduce -25.4% | 250,000 | $54.33M | $217.32 | No quote |
| 17 | VST | VISTRA ENERGY CORP | 1.36% | - | 1,719,100 | $45.95M | $26.73 | No quote |
| 18 | LNG | CHENIERE ENERGY INC | 0.77% | - | 410,000 | $25.86M | No quote | No quote |
| 19 | XOP | SPDR SERIES TRUST | 0.73% | Reduce -15.4% | 1,100,000 | $24.6M | $22.36 | No quote |
| 20 | HUM | HUMANA INC | 0.57% | Reduce -21.4% | 75,000 | $19.18M | $255.67 | No quote |
| 21 | BA | BOEING CO | 0.34% | New | 30,000 | $11.41M | $380.47 | No quote |
| 22 | CWEN | CLEARWAY ENERGY INC | 0.32% | Reduce -14.7% | 597,295 | $10.9M | No quote | No quote |
| 23 | COOP | MR COOPER GROUP INC | 0.20% | Reduce -49.4% | 652,500 | $6.93M | No quote | No quote |
| 24 | CWEN/A | CLEARWAY ENERGY INCCUSIP 18539C105 | 0.09% | Reduce -16.8% | 174,962 | $3.03M | No quote | No quote |
| 29 | SPY | SPDR S&P 500 ETF TR | - | Sold | 0 | $0 | No quote | No quote |
| 28 | QCOM | QUALCOMM INC | - | Sold | 0 | $0 | No quote | No quote |
| 27 | QQQ | INVESCO QQQ TR | - | Sold | 0 | $0 | No quote | No quote |
| 26 | I | INTELSAT S A | - | Sold | 0 | $0 | No quote | No quote |
| 25 | CNC | CENTENE CORP DEL | - | 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 | 20,000,000 | $34.52M |