David Tepper Appaloosa LP
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.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ETP
Energy Transfer Partners L.p.
ETP
|
+$450M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$430M |
| 3 |
Delta Air Lines
DAL
|
+$401M |
| 4 |
WPZ
Williams Partners L.P.
WPZ
|
+$260M |
| 5 |
HCA Healthcare
HCA
|
+$222M |
Top Sells
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Industrials | 17.72% |
| 2 | Energy | 17.58% |
| 3 | Communication Services | 13.13% |
| 4 | Healthcare | 9.97% |
| 5 | Financials | 8.72% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$807B
| $555M | 9.81% |
+2,700,000
| New | +$527M |
|
|
ETP
2
DELISTED
Energy Transfer Partners L.p.
ETP
| $523M | 9.24% |
+16,165,914
| New | +$450M |
|
|
3
Alphabet (Google) Class C
GOOG
$4.19T
| $447M | 7.91% |
+12,011,000
| New | +$430M |
|
|
4
Delta Air Lines
DAL
$59.5B
| $418M | 7.4% |
+8,594,855
| New | +$401M |
|
|
WPZ
5
DELISTED
Williams Partners L.P.
WPZ
| $271M | 4.79% |
+13,237,383
| New | +$260M |
|
6
Whirlpool
WHR
$2.84B
| $254M | 4.5% |
+1,410,796
| New | +$210M |
|
|
7
HCA Healthcare
HCA
$89.1B
| $248M | 4.38% |
+3,173,423
| New | +$222M |
|
8
Allstate
ALL
$66.3B
| $215M | 3.8% |
+3,193,515
| New | +$201M |
|
9
Southwest Airlines
LUV
$22.3B
| $195M | 3.45% |
+4,360,961
| New | +$177M |
|
10
Meta Platforms (Facebook)
META
$1.53T
| $186M | 3.28% |
+1,627,950
| New | +$172M |
|
11
Owens Corning
OC
$12.6B
| $158M | 2.8% |
+3,345,606
| New | +$149M |
|
12
Alerian MLP ETF
AMLP
$13.3B
| $151M | 2.67% |
+2,775,532
| New | +$141M |
|
13
Synchrony
SYF
$25.5B
| $144M | 2.54% |
+5,020,453
| New | +$139M |
|
14
Community Health Systems
CYH
$400M
| $132M | 2.34% |
+8,651,500
| New | +$132M |
|
15
NXP Semiconductors
NXPI
$59.6B
| $117M | 2.07% |
+1,446,159
| New | +$108M |
|
|
AY
16
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $113M | 2% |
+6,365,156
| New | +$108M |
|
|
HDS
17
DELISTED
HD Supply Holdings, Inc.
HDS
| $110M | 1.94% |
+3,317,171
| New | +$91.3M |
|
18
CALL
Invesco QQQ Trust
QQQ
$478B
| $109M | 1.93% |
+1,000,000
| New | +$104M |
|
19
Huntsman Corp
HUN
$1.83B
| $107M | 1.89% |
+8,037,950
| New | +$83M |
|
20
Mohawk Industries
MHK
$9.26B
| $106M | 1.87% |
+553,895
| New | +$96.4M |
|
21
Bank of America
BAC
$448B
| $94.5M | 1.67% |
+6,986,100
| New | +$94.3M |
|
|
TFCFA
22
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $82.7M | 1.46% |
+2,965,354
| New | +$79.4M |
|
23
Kinder Morgan
KMI
$70.1B
| $80.4M | 1.42% |
+4,500,000
| New | +$73.6M |
|
|
TERP
24
DELISTED
TerraForm Power, Inc
TERP
| $75.3M | 1.33% |
+8,708,708
| New | +$81.1M |
|
25
General Motors
GM
$78.4B
| $75M | 1.33% |
+2,384,934
| New | +$71.7M |
|
Similar funds
David Tepper's Q1 2016 Portfolio in Review
Q1 2016 is the first quarter with a 13F filing on record for David Tepper, which disclosed 49 positions worth $5.66B. Its ten largest holdings account for 59% of the portfolio.
Its largest position is Energy Transfer Partners L.p.: 16,165,914 shares worth $523M.
By sector, the portfolio is most concentrated in Industrials at 18% of assets, followed by Energy and Communication Services.
- David Tepper's largest Q1 2016 buy was Energy Transfer Partners L.p.: 16,165,914 shares worth $523M.
- David Tepper's ten largest holdings make up 59% of its $5.66B portfolio in Q1 2016.
- David Tepper disclosed 49 positions in Q1 2016, its first 13F filing on record.
Based on Appaloosa LP's 13F filing for Q1 2016, filed 13 May 2016.