David Tepper Appaloosa LP
David Tepper, founder of Appaloosa Management, is a billionaire hedge fund manager renowned for his expertise in distressed debt investing and contrarian bets. He is known for high-risk, high-reward strategies that have generated significant returns, such as investing in struggling banks during the 2008 financial crisis. His investment philosophy emphasizes deep value analysis, understanding market psychology, and making high-conviction decisions, often going against prevailing sentiment.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$178M |
| 2 |
Amazon
AMZN
|
+$171M |
| 3 |
Meta Platforms (Facebook)
META
|
+$146M |
| 4 |
TSMC
TSM
|
+$131M |
| 5 |
CoreWeave
CRWV
|
+$116M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Micron Technology
MU
|
+$517M |
| 2 |
Alibaba
BABA
|
+$184M |
| 3 |
Sandisk
SNDK
|
+$179M |
| 4 |
Corning
GLW
|
+$154M |
| 5 |
Pinduoduo
PDD
|
+$92M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 43.54% |
| 2 | Consumer Discretionary | 18.4% |
| 3 | Communication Services | 15.3% |
| 4 | Miscellaneous | 9.63% |
| 5 | Utilities | 7.88% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
PUT
Berkshire Hathaway Class B
BRK.B
$1.14T
| $12.5M | 0.16% |
+25,000
| New | +$12M |
2026 Q2
0 quarters
|
|
27
Goodyear
GT
$1.24B
| $10M | 0.13% |
+1,508,591
| New | +$9.7M |
2026 Q2
0 quarters
|
|
28
Ball Corp
BALL
$16.7B
| – | – |
-837,000
| Closed | -$49.5M | – |
|
29
Deutsche Bank
DB
$61.2B
| – | – |
-257,616
| Closed | -$7.67M | – |
|
|
30
Corning
GLW
$114B
| – | – |
-1,129,500
| Closed | -$154M | – |
|
31
JD.com
JD
$36.5B
| – | – |
-1,305,000
| Closed | -$38.6M | – |
|
32
KraneShares CSI China Internet ETF
KWEB
$4.45B
| – | – |
-1,080,000
| Closed | -$30.7M | – |
|
33
L3Harris
LHX
$46.3B
| – | – |
-198,000
| Closed | -$68.3M | – |
|
34
Lyft
LYFT
$6.37B
| – | – |
-2,700,000
| Closed | -$35.9M | – |
|
35
Microsoft
MSFT
$3.93T
| – | – |
-90,000
| Closed | -$33.3M | – |
|
|
36
Pinduoduo
PDD
$115B
| – | – |
-900,000
| Closed | -$92M | – |
|
37
RTX Corp
RTX
$261B
| – | – |
-342,000
| Closed | -$66M | – |
|
38
UnitedHealth
UNH
$360B
| – | – |
-90,000
| Closed | -$24.4M | – |
|
|
39
Sandisk
SNDK
$188B
| – | – |
-281,250
| Closed | -$179M | – |
|
Similar funds
David Tepper's Q2 2026 Portfolio in Review
As of Q2 2026, David Tepper held 39 positions worth $7.73B, up 30% from $5.93B the previous quarter. Its ten largest holdings account for 79% of the portfolio.
David Tepper withdrew a net $377M in Q2 2026, closing 12 positions and reducing 5 holdings. Its most notable exit was Sandisk, an estimated $179M position sold in full.
By sector, the portfolio is most concentrated in Technology at 44% of assets, up from 40% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, David Tepper opened a new position in Boeing worth $173M.
- David Tepper's largest Q2 2026 buy was Boeing: 800,000 shares worth $173M.
- David Tepper added most to Amazon in Q2 2026, an estimated $171M increase.
- David Tepper's biggest Q2 2026 reduction was Micron Technology, cutting an estimated $517M.
- David Tepper fully exited Sandisk in Q2 2026, selling an estimated $179M.
- David Tepper's ten largest holdings make up 79% of its $7.73B portfolio in Q2 2026.
- David Tepper opened 8 new positions and closed 12 in Q2 2026.
- David Tepper's portfolio value rose 30% quarter-over-quarter to $7.73B.
Based on Appaloosa LP's 13F filing for Q2 2026, filed 14 Aug 2026.