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
+4.16%
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
$5.93B
AUM Growth
-$992M
Cap. Flow
-$779M
Cap. Flow %
-13.13%
Top 10 Hldgs %
74.28%
Holding
40
New
1
Increased
8
Reduced
22
Closed
9

Top Buys

Rank Stock Value
1
AMZN icon
Amazon
AMZN
+$471M
2
UBER icon
Uber
UBER
+$345M
3
VST icon
Vistra
VST
+$174M
4
SNDK
Sandisk
SNDK
+$159M
5
TSM icon
TSMC
TSM
+$68M

Top Sells

Rank Stock Value
1
BABA icon
Alibaba
BABA
+$251M
2
AAL icon
American Airlines Group
AAL
+$217M
3
MSFT icon
Microsoft
MSFT
+$172M
4
WHR icon
Whirlpool
WHR
+$144M
5
KWEB icon
KraneShares CSI China Internet ETF
KWEB
+$120M

Sector Composition

Rank Sector Weight
1 Technology 40.13%
2 Consumer Discretionary 27.3%
3 Communication Services 13.89%
4 Utilities 9.4%
5 Industrials 2.26%

No holdings matched the selected filter criteria.

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 2026 Portfolio in Review

As of Q1 2026, David Tepper held 40 positions worth $5.93B, down 14% from $6.93B the previous quarter. Its ten largest holdings account for 74% of the portfolio.

David Tepper withdrew a net $779M in Q1 2026, closing 9 positions and reducing 22 holdings. Its most notable exit was American Airlines Group, an estimated $217M position sold in full.

By sector, the portfolio is most concentrated in Technology at 40% of assets, up from 30% a quarter earlier, followed by Consumer Discretionary and Communication Services.

Against the trend, David Tepper opened a new position in Sandisk worth $179M.

  • David Tepper's largest Q1 2026 buy was Sandisk: 281,250 shares worth $179M.
  • David Tepper added most to Amazon in Q1 2026, an estimated $471M increase.
  • David Tepper's biggest Q1 2026 reduction was Alibaba, cutting an estimated $251M.
  • David Tepper fully exited American Airlines Group in Q1 2026, selling an estimated $217M.
  • David Tepper's ten largest holdings make up 74% of its $5.93B portfolio in Q1 2026.
  • David Tepper opened 1 new position and closed 9 in Q1 2026.
  • David Tepper's portfolio value fell 14% quarter-over-quarter to $5.93B.

Based on Appaloosa LP's 13F filing for Q1 2026, filed 15 May 2026.