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
+9.02%
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
$3.89B
AUM Growth
-$311M
Cap. Flow
-$545M
Cap. Flow %
-14.02%
Top 10 Hldgs %
58.05%
Holding
56
New
5
Increased
5
Reduced
16
Closed
12

Top Buys

Rank Stock Value
1
GM icon
General Motors
GM
+$131M
2
M icon
Macy's
M
+$84.4M
3
EQT icon
EQT Corp
EQT
+$42.7M
4
JWN
Nordstrom
JWN
+$36.3M
5
DKS icon
Dick's Sporting Goods
DKS
+$21.3M

Top Sells

Rank Stock Value
1
TMUS icon
T-Mobile US
TMUS
+$149M
2
HCA icon
HCA Healthcare
HCA
+$93.9M
3
BABA icon
Alibaba
BABA
+$77.7M
4
TWTR
Twitter, Inc.
TWTR
+$74.6M
5
UBER icon
Uber
UBER
+$74.4M

Sector Composition

Rank Sector Weight
1 Consumer Discretionary 29.36%
2 Communication Services 23.37%
3 Energy 14.62%
4 Technology 10.6%
5 Materials 4.41%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
QCOM icon
51
Qualcomm
QCOM
$171B
– –
-490,000
Closed -$63.2M
V icon
52
Visa
V
$677B
– –
-262,500
Closed -$58.5M
WMT icon
53
Walmart Inc
WMT
$901B
– –
-300,000
Closed -$13.9M
BODI icon
54
The Beachbody Company
BODI
$45.6M
– –
-40,000
Closed -$11.1M
TWTR
55
DELISTED
Twitter, Inc.
TWTR
– –
-1,235,000
Closed -$74.6M
DGNS
56
DELISTED
Dragoneer Growth Opportunities Corp. II Class A Ordinary Shares
DGNS
– –
-750,000
Closed -$7.46M
1 2
3

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 Q4 2021 Portfolio in Review

As of Q4 2021, David Tepper held 56 positions worth $3.89B, down 7.4% from $4.2B the previous quarter. Its ten largest holdings account for 58% of the portfolio.

David Tepper withdrew a net $545M in Q4 2021, closing 12 positions and reducing 16 holdings. Its most notable exit was HCA Healthcare, an estimated $93.9M position sold in full.

By sector, the portfolio is most concentrated in Consumer Discretionary at 29% of assets, up from 20% a quarter earlier, followed by Communication Services and Energy.

Against the trend, David Tepper opened a new position in General Motors worth $132M.

  • David Tepper's largest Q4 2021 buy was General Motors: 2,250,000 shares worth $132M.
  • David Tepper added most to Macy's in Q4 2021, an estimated $84.4M increase.
  • David Tepper's biggest Q4 2021 reduction was T-Mobile US, cutting an estimated $149M.
  • David Tepper fully exited HCA Healthcare in Q4 2021, selling an estimated $93.9M.
  • David Tepper's ten largest holdings make up 58% of its $3.89B portfolio in Q4 2021.
  • David Tepper opened 5 new positions and closed 12 in Q4 2021.
  • David Tepper's portfolio value fell 7.4% quarter-over-quarter to $3.89B.

Based on Appaloosa LP's 13F filing for Q4 2021, filed 14 Feb 2022.