We are live on ! Find out more
David Tepper

David Tepper Appaloosa LP

AUM $5.93B
1-Year Est. Return 44.55%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+5.04%
1 Year Est. Return
+44.55%
3 Year Est. Return
+188.72%
5 Year Est. Return
+296.74%
10 Year Est. Return
+1,042.31%
AUM
$6.74B
AUM Growth
+$655M
Cap. Flow
+$442M
Cap. Flow %
6.56%
Top 10 Hldgs %
56.82%
Holding
77
New
24
Increased
11
Reduced
20
Closed
19

Top Buys

Rank Stock Value
1
BABA icon
Alibaba
BABA
+$456M
2
ETP
Energy Transfer Partners, L.P.
ETP
+$331M
3
AABA
Altaba Inc
AABA
+$279M
4
QQQ icon
Invesco QQQ Trust
QQQ
+$250M
5
MU icon
Micron Technology
MU
+$182M

Top Sells

Rank Stock Value
1
ETP
Energy Transfer Partners L.p.
ETP
+$437M
2
LUV icon
Southwest Airlines
LUV
+$144M
3
RF icon
Regions Financial
RF
+$128M
4
GM icon
General Motors
GM
+$111M
5
PFE icon
Pfizer
PFE
+$103M

Sector Composition

Rank Sector Weight
1 Technology 15.02%
2 Healthcare 14.51%
3 Communication Services 14.14%
4 Consumer Discretionary 12.59%
5 Financials 9.73%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
DG icon
26
Dollar General
DG
$26.5B
$67.4M 1%
+935,178
New +$67.4M
GM icon
27
General Motors
GM
$78.4B
$66.4M 0.98%
1,900,000
-3,281,277
-63% -$111M
PARA
28
DELISTED
Paramount Global Class B
PARA
$65.9M 0.98%
1,032,836
-11,545
-1% -$739K
TMO icon
29
Thermo Fisher Scientific
TMO
$224B
$65.4M 0.97%
375,000
+215,000
+134% +$36.1M
SUM
30
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
$64M 0.95%
2,285,337
-361,383
-14% -$9.41M
BSX icon
31
Boston Scientific
BSX
$74.2B
$62.8M 0.93%
2,264,900
-1,075,100
-32% -$28.5M
SYK icon
32
Stryker
SYK
$134B
$61.8M 0.92%
+445,000
New +$61.1M
ET icon
33
Energy Transfer Partners
ET
$71.6B
$51.1M 0.76%
+2,845,000
New +$50.6M
KMT icon
34
Kennametal
KMT
$2.3B
$49.7M 0.74%
1,328,824
+323,066
+32% +$12.6M
BBWI icon
35
Bath & Body Works
BBWI
$3.81B
$45M 0.67%
+1,033,627
New +$42.4M
DAL icon
36
Delta Air Lines
DAL
$59.5B
$44.7M 0.66%
832,438
+193,438
+30% +$9.48M
LUV icon
37
Southwest Airlines
LUV
$22.3B
$38.6M 0.57%
621,604
-2,466,472
-80% -$144M
WFC icon
38
Wells Fargo
WFC
$264B
$37.8M 0.56%
+681,463
New +$36.5M
CX icon
39
Cemex
CX
$16.1B
$37.6M 0.56%
+3,990,309
New +$35.2M
HAIN icon
40
Hain Celestial
HAIN
$48.8M
$35.8M 0.53%
922,228
+148,059
+19% +$5.35M
XLV icon
41
State Street Health Care Select Sector SPDR ETF
XLV
$43.9B
$33.7M 0.5%
+425,000
New +$32.4M
ATVI
42
DELISTED
Activision Blizzard
ATVI
$30.2M 0.45%
+525,000
New +$29M
EXPE icon
43
Expedia Group
EXPE
$38.5B
$29.8M 0.44%
+200,000
New +$28.1M
XBI icon
44
State Street SPDR S&P Biotech ETF
XBI
$10.4B
$25.5M 0.38%
+330,000
New +$23.4M
BTU icon
45
Peabody Energy
BTU
$2.98B
$24.7M 0.37%
+1,009,279
New +$25M
ALLY icon
46
Ally Financial
ALLY
$13.4B
$22.9M 0.34%
+1,097,824
New +$21.6M
NRG icon
47
NRG Energy
NRG
$25.2B
$21.5M 0.32%
+1,250,000
New +$21M
CHK
48
DELISTED
Chesapeake Energy Corporation
CHK
$17.7M 0.26%
+17,830
New +$19.1M
SWN
49
DELISTED
Southwestern Energy Company
SWN
$15.4M 0.23%
+2,540,948
New +$17.6M
HCA icon
50
HCA Healthcare
HCA
$89.1B
$14.6M 0.22%
167,711
-320,000
-66% -$27.1M
1
2
3 4

Similar funds

CGPCS
Capital Group Private Client Services Los Angeles, California $5.93B AUM 27.73% 1-Year Est. Return
WAM
Weiss Asset Management Boston, Massachusetts $5.91B AUM 42.42% 1-Year Est. Return
BP
BC Partners New York $5.96B AUM 15.21% 1-Year Est. Return
CM
CastleKnight Management New York $6B AUM 121.87% 1-Year Est. Return
SC
Samlyn Capital New York $5.86B AUM 36.3% 1-Year Est. Return
LIP
Liontrust Investment Partners London, United Kingdom $5.86B AUM 23.75% 1-Year Est. Return
AAM
Advisors Asset Management Monument, Colorado $6.01B AUM 24.74% 1-Year Est. Return
CIC
Crawford Investment Counsel Atlanta, Georgia $5.85B AUM 12.61% 1-Year Est. Return

David Tepper's Q2 2017 Portfolio in Review

As of Q2 2017, David Tepper held 77 positions worth $6.74B, up 11% from $6.09B the previous quarter. Its ten largest holdings account for 57% of the portfolio.

David Tepper deployed $442M of net new capital in Q2 2017, opening 24 new positions and adding to 11 existing holdings. Its largest new stake was Alibaba: 3,693,918 shares worth $520M.

By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 6.4% a quarter earlier, followed by Healthcare and Communication Services.

On the sell side, the largest reduction was Southwest Airlines, an estimated $144M trimmed.

  • David Tepper's largest Q2 2017 buy was Alibaba: 3,693,918 shares worth $520M.
  • David Tepper added most to Micron Technology in Q2 2017, an estimated $182M increase.
  • David Tepper's biggest Q2 2017 reduction was Southwest Airlines, cutting an estimated $144M.
  • David Tepper fully exited Energy Transfer Partners L.p. in Q2 2017, selling an estimated $437M.
  • David Tepper's ten largest holdings make up 57% of its $6.74B portfolio in Q2 2017.
  • David Tepper opened 24 new positions and closed 19 in Q2 2017.
  • David Tepper's portfolio value rose 11% quarter-over-quarter to $6.74B.

Based on Appaloosa LP's 13F filing for Q2 2017, filed 14 Aug 2017.