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
+26.35%
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
$5.76B
AUM Growth
+$2.49B
Cap. Flow
+$1.57B
Cap. Flow %
27.2%
Top 10 Hldgs %
72.72%
Holding
42
New
12
Increased
11
Reduced
14
Closed
5

Top Buys

Rank Stock Value
1
TMUS icon
T-Mobile US
TMUS
+$492M
2
T icon
AT&T
T
+$274M
3
BABA icon
Alibaba
BABA
+$231M
4
MA icon
Mastercard
MA
+$154M
5
V icon
Visa
V
+$153M

Top Sells

Rank Stock Value
1
AGN
Allergan plc
AGN
+$123M
2
AMZN icon
Amazon
AMZN
+$60.4M
3
S
Sprint Corporation
S
+$55M
4
META icon
Meta Platforms (Facebook)
META
+$37.6M
5
GOOG icon
Alphabet (Google) Class C
GOOG
+$36.4M

Sector Composition

Rank Sector Weight
1 Communication Services 39.45%
2 Consumer Discretionary 24.47%
3 Technology 15.18%
4 Financials 9.09%
5 Healthcare 3.13%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
BABA icon
1
Alibaba
BABA
$306B
$728M 12.64%
3,375,000
+1,110,000
+49% +$231M
AMZN icon
2
Amazon
AMZN
$2.94T
$621M 10.78%
4,500,000
-500,000
-10% -$60.4M
TMUS icon
3
T-Mobile US
TMUS
$192B
$614M 10.67%
5,900,000
+5,130,000
+666% +$492M
META icon
4
Meta Platforms (Facebook)
META
$1.53T
$507M 8.81%
2,233,000
-180,000
-7% -$37.6M
MU icon
5
Micron Technology
MU
$981B
$482M 8.37%
9,350,000
+490,000
+6% +$23.1M
GOOG icon
6
Alphabet (Google) Class C
GOOG
$4.19T
$472M 8.2%
6,680,000
-540,000
-7% -$36.4M
T icon
7
AT&T
T
$168B
$274M 4.77%
+12,018,213
New +$274M
TWTR
8
DELISTED
Twitter, Inc.
TWTR
$165M 2.87%
5,550,000
+20,000
+0.4% +$603K
V icon
9
Visa
V
$677B
$162M 2.82%
+840,000
New +$153M
MA icon
10
Mastercard
MA
$492B
$161M 2.8%
+545,000
New +$154M
PYPL icon
11
PayPal
PYPL
$50.5B
$152M 2.63%
+870,000
New +$120M
DIS icon
12
Walt Disney
DIS
$179B
$134M 2.32%
+1,200,000
New +$132M
ET icon
13
Energy Transfer Partners
ET
$71.6B
$108M 1.87%
15,120,103
-1,168,562
-7% -$8.66M
NFLX icon
14
Netflix
NFLX
$311B
$105M 1.82%
2,300,000
-250,000
-10% -$10.6M
SYY icon
15
Sysco
SYY
$40.3B
$102M 1.78%
+1,875,000
New +$98.6M
HCA icon
16
HCA Healthcare
HCA
$89.1B
$102M 1.77%
1,050,000
+765,000
+268% +$79.5M
CRM icon
17
Salesforce
CRM
$162B
$93.7M 1.63%
500,000
+34,500
+7% +$5.81M
ADBE icon
18
Adobe
ADBE
$105B
$89.9M 1.56%
206,500
-16,500
-7% -$6.11M
EMR icon
19
Emerson Electric
EMR
$91.7B
$86.8M 1.51%
+1,400,000
New +$79.5M
PCG icon
20
PG&E
PCG
$38.1B
$79.3M 1.38%
8,943,659
-2,396,341
-21% -$26.1M
AVGO icon
21
Broadcom
AVGO
$1.98T
$63.1M 1.1%
2,000,000
-330,000
-14% -$9.24M
MO icon
22
Altria Group
MO
$109B
$60.8M 1.06%
+1,550,000
New +$60.5M
MSFT icon
23
Microsoft
MSFT
$3.74T
$56.5M 0.98%
277,500
+187,500
+208% +$34M
WFC icon
24
Wells Fargo
WFC
$264B
$48.6M 0.84%
1,900,000
+1,200,000
+171% +$32.8M
QCOM icon
25
Qualcomm
QCOM
$171B
$47M 0.82%
515,500
-41,500
-7% -$3.33M
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 Q2 2020 Portfolio in Review

As of Q2 2020, David Tepper held 42 positions worth $5.76B, up 76% from $3.27B the previous quarter. Its ten largest holdings account for 73% of the portfolio.

David Tepper deployed $1.57B of net new capital in Q2 2020, opening 12 new positions and adding to 11 existing holdings. Its largest new stake was AT&T: 12,018,213 shares worth $274M.

By sector, the portfolio is most concentrated in Communication Services at 39% of assets, up from 34% a quarter earlier, followed by Consumer Discretionary and Technology.

On the sell side, the largest reduction was Amazon, an estimated $60.4M trimmed.

  • David Tepper's largest Q2 2020 buy was AT&T: 12,018,213 shares worth $274M.
  • David Tepper added most to T-Mobile US in Q2 2020, an estimated $492M increase.
  • David Tepper's biggest Q2 2020 reduction was Amazon, cutting an estimated $60.4M.
  • David Tepper fully exited Allergan plc in Q2 2020, selling an estimated $123M.
  • David Tepper's ten largest holdings make up 73% of its $5.76B portfolio in Q2 2020.
  • David Tepper opened 12 new positions and closed 5 in Q2 2020.
  • David Tepper's portfolio value rose 76% quarter-over-quarter to $5.76B.

Based on Appaloosa LP's 13F filing for Q2 2020, filed 14 Aug 2020.