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
+15.32%
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
$3.49B
AUM Growth
+$1.47B
Cap. Flow
+$1.05B
Cap. Flow %
29.98%
Top 10 Hldgs %
85.64%
Holding
32
New
9
Increased
7
Reduced
5
Closed
8

Top Buys

Rank Stock Value
1
AGN
Allergan plc
AGN
+$288M
2
AMZN icon
Amazon
AMZN
+$275M
3
PCG icon
PG&E
PCG
+$269M
4
MU icon
Micron Technology
MU
+$126M
5
BABA icon
Alibaba
BABA
+$118M

Top Sells

Rank Stock Value
1
AY
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
+$58.8M
2
ALL icon
Allstate
ALL
+$50.2M
3
TERP
TerraForm Power, Inc
TERP
+$30.1M
4
COOP
Mr. Cooper
COOP
+$20.1M
5
NRG icon
NRG Energy
NRG
+$18.3M

Sector Composition

Rank Sector Weight
1 Technology 29.47%
2 Communication Services 16.22%
3 Consumer Discretionary 15.51%
4 Healthcare 14.93%
5 Utilities 13.95%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ESI icon
26
Element Solutions
ESI
$9.17B
– –
-264,723
Closed -$2.73M
KMT icon
27
Kennametal
KMT
$2.3B
– –
-195,709
Closed -$6.51M
NRG icon
28
NRG Energy
NRG
$25.2B
– –
-460,969
Closed -$18.3M
WFC icon
29
Wells Fargo
WFC
$264B
– –
-300,000
Closed -$13.8M
AY
30
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
– –
-2,997,642
Closed -$58.8M
TERP
31
DELISTED
TerraForm Power, Inc
TERP
– –
-2,681,843
Closed -$30.1M
1
2

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 Q1 2019 Portfolio in Review

As of Q1 2019, David Tepper held 32 positions worth $3.49B, up 72% from $2.02B the previous quarter. Its ten largest holdings account for 86% of the portfolio.

David Tepper deployed $1.05B of net new capital in Q1 2019, opening 9 new positions and adding to 7 existing holdings. Its largest new stake was Amazon: 3,300,000 shares worth $294M.

By sector, the portfolio is most concentrated in Technology at 29% of assets, down from 32% a quarter earlier, followed by Communication Services and Consumer Discretionary.

On the sell side, the largest reduction was Mr. Cooper, an estimated $20.1M trimmed.

  • David Tepper's largest Q1 2019 buy was Amazon: 3,300,000 shares worth $294M.
  • David Tepper added most to Allergan plc in Q1 2019, an estimated $288M increase.
  • David Tepper's biggest Q1 2019 reduction was Mr. Cooper, cutting an estimated $20.1M.
  • David Tepper fully exited Atlantica Sustainable Infrastructure plc Ordinary Shares in Q1 2019, selling an estimated $58.8M.
  • David Tepper's ten largest holdings make up 86% of its $3.49B portfolio in Q1 2019.
  • David Tepper opened 9 new positions and closed 8 in Q1 2019.
  • David Tepper's portfolio value rose 72% quarter-over-quarter to $3.49B.

Based on Appaloosa LP's 13F filing for Q1 2019, filed 15 May 2019.