David Tepper
OpportunisticAppaloosa Management
Distressed debt and equity specialist with exceptional returns.
Portfolio Value
$6.9B
Holdings
38
Top 10 Concentration
60.0%
Latest Period
Q4 2025
Portfolio Holdings
As reported on February 17, 2026 · vs Q3 2025
| # | Security | Value | Shares | % Portfolio | Change |
|---|---|---|---|---|---|
| 1 | ALIBABA GROUP HLDG LTD CUSIP: 01609W102 | $753.1M | 5,137,931 | 10.9% | -20.3% |
| 2 | ALPHABET INC CUSIP: 02079K107 | $560.7M | 1,786,931 | 8.1% | +28.8% |
| 3 | AMAZON COM INC CUSIP: 023135106 | $503.0M | 2,179,391 | 7.3% | -12.8% |
| 4 | MICRON TECHNOLOGY INC CUSIP: 595112103 | $499.5M | 1,750,000 | 7.2% | +250.0% |
| 5 | META PLATFORMS INC CUSIP: 30303M102 | $396.1M | 600,000 | 5.7% | +62.2% |
| 6 | TAIWAN SEMICONDUCTOR MFG LTD CUSIP: 874039100 | $343.4M | 1,130,000 | 5.0% | +6.6% |
| 7 | NVIDIA CORPORATION CUSIP: 67066G104 | $317.1M | 1,700,000 | 4.6% | -10.5% |
| 8 | WHIRLPOOL CORP CUSIP: 963320106 | $282.1M | 3,910,000 | 4.1% | -28.9% |
| 9 | NRG ENERGY INC CUSIP: 629377508 | $261.2M | 1,640,000 | 3.8% | -12.3% |
| 10 | MICROSOFT CORP CUSIP: 594918104 | $241.8M | 500,000 | 3.5% | +8.1% |
| 11 | AMERICAN AIRLS GROUP INC CUSIP: 02376R102 | $216.9M | 14,150,000 | 3.1% | +53.0% |
| 12 | PDD HOLDINGS INC CUSIP: 722304102 | $201.3M | 1,775,000 | 2.9% | -1.4% |
| 13 | QUALCOMM INC CUSIP: 747525103 | $195.9M | 1,145,000 | 2.8% | -8.0% |
| 14 | ISHARES INC NEWCUSIP: 464286772 | $182.3M | 1,875,000 | 2.6% | NEW |
| 15 | KRANESHARES TRUST CUSIP: 500767306 | $161.7M | 4,750,000 | 2.3% | -35.8% |
| 16 | VISTRA CORP CUSIP: 92840M102 | $152.5M | 945,000 | 2.2% | -24.1% |
| 17 | UBER TECHNOLOGIES INC CUSIP: 90353T100 | $151.2M | 1,850,000 | 2.2% | -23.1% |
| 18 | CORNING INC CUSIP: 219350105 | $137.5M | 1,570,200 | 2.0% | -3.4% |
| 19 | DEUTSCHE BANK A G CUSIP: D18190898 | $121.5M | 3,150,000 | 1.8% | -16.9% |
| 20 | JD.COM INC CUSIP: 47215P106 | $119.3M | 4,157,046 | 1.7% | -33.2% |
| 21 | OWENS CORNING NEW CUSIP: 690742101 | $106.3M | 950,000 | 1.5% | +488.2% |
| 22 | RTX CORPORATION CUSIP: 75513E101 | $91.7M | 500,000 | 1.3% | -1.9% |
| 23 | L3HARRIS TECHNOLOGIES INC CUSIP: 502431109 | $86.6M | 295,000 | 1.3% | -1.7% |
| 24 | BAIDU INC CUSIP: 056752108 | $75.1M | 575,000 | 1.1% | -45.0% |
| 25 | MOHAWK INDS INC CUSIP: 608190104 | $73.8M | 675,000 | 1.1% | +318.0% |
| 26 | LYFT INC CUSIP: 55087P104 | $73.6M | 3,800,000 | 1.1% | -32.1% |
| 27 | LAM RESEARCH CORP CUSIP: 512807306 | $72.8M | 425,000 | 1.1% | +14.9% |
| 28 | ADVANCED MICRO DEVICES INC CUSIP: 007903107 | $69.6M | 325,000 | 1.0% | -65.8% |
| 29 | ASML HOLDING N V CUSIP: N07059210 | $66.9M | 62,500 | 1.0% | -2.3% |
| 30 | UNITEDHEALTH GROUP INC CUSIP: 91324P102 | $66.0M | 200,000 | 1.0% | -1.7% |
| 31 | BALL CORP NEWCUSIP: 058498106 | $63.6M | 1,200,000 | 0.9% | NEW |
| 32 | IQVIA HLDGS INC CUSIP: 46266C105 | $63.1M | 280,000 | 0.9% | -1.8% |
| 33 | UNITED AIRLS HLDGS INC CUSIP: 910047109 | $52.0M | 465,000 | 0.8% | +0.5% |
| 34 | ISHARES TR CUSIP: 464287184 | $41.6M | 1,087,500 | 0.6% | -2.0% |
| 35 | ENERGY TRANSFER L P CUSIP: 29273V100 | $36.1M | 2,191,250 | 0.5% | -55.8% |
| 36 | MPLX LP CUSIP: 55336V100 | $33.5M | 627,500 | 0.5% | +17.3% |
| 37 | DELTA AIR LINES INC DEL CUSIP: 247361702 | $33.0M | 475,000 | 0.5% | +2.7% |
| 38 | GOODYEAR TIRE & RUBR CO CUSIP: 382550101 | $21.9M | 2,500,000 | 0.3% | -51.4% |