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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
+13.91%
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
$3.98B
AUM Growth
+$566M
Cap. Flow
+$114M
Cap. Flow %
2.85%
Top 10 Hldgs %
86.85%
Holding
27
New
2
Increased
6
Reduced
6
Closed
4

Top Buys

Rank Stock Value
1
BABA icon
Alibaba
BABA
+$206M
2
MU icon
Micron Technology
MU
+$100M
3
ET icon
Energy Transfer Partners
ET
+$66.2M
4
AMZN icon
Amazon
AMZN
+$46.9M
5
I
INTELSAT S. A.
I
+$45.4M

Top Sells

Rank Stock Value
1
AABA
Altaba Inc
AABA
+$270M
2
XOP icon
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
+$24.6M
3
CZR
Caesars Entertainment Corporation
CZR
+$14.6M
4
BA icon
Boeing
BA
+$11.4M
5
COOP
Mr. Cooper
COOP
+$6.93M

Sector Composition

Rank Sector Weight
1 Communication Services 30.72%
2 Consumer Discretionary 29.75%
3 Technology 17.16%
4 Healthcare 9.13%
5 Utilities 6.03%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
AABA
26
DELISTED
Altaba Inc
AABA
– –
-13,838,684
Closed -$270M
1
2

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David Tepper's Q4 2019 Portfolio in Review

As of Q4 2019, David Tepper held 27 positions worth $3.98B, up 17% from $3.41B the previous quarter. Its ten largest holdings account for 87% of the portfolio.

David Tepper's Q4 2019 filing shows 2 new, 6 increased, 6 reduced and 4 closed positions. Its largest new stake was INTELSAT S. A.: 2,885,019 shares worth $20.3M. The largest sale was Altaba Inc, an estimated $270M.

By sector, the portfolio is most concentrated in Communication Services at 31% of assets, down from 32% a quarter earlier, followed by Consumer Discretionary and Technology.

  • David Tepper's largest Q4 2019 buy was INTELSAT S. A.: 2,885,019 shares worth $20.3M.
  • David Tepper added most to Alibaba in Q4 2019, an estimated $206M increase.
  • David Tepper's biggest Q4 2019 reduction was Caesars Entertainment Corporation, cutting an estimated $14.6M.
  • David Tepper fully exited Altaba Inc in Q4 2019, selling an estimated $270M.
  • David Tepper's ten largest holdings make up 87% of its $3.98B portfolio in Q4 2019.
  • David Tepper opened 2 new positions and closed 4 in Q4 2019.
  • David Tepper's portfolio value rose 17% quarter-over-quarter to $3.98B.

Based on Appaloosa LP's 13F filing for Q4 2019, filed 14 Feb 2020.