Institutional portfolio intelligence
Appaloosa Management Portfolio: Q1 2026 13F Holdings
Appaloosa Management's latest 13F reports 31 active positions with a total reported value of $5.9B for Q1 2026. The five largest positions account for 48.3% of the filing, led by AMZN. Quarter over quarter, the manager disclosed 1 new positions, 7 increases, 23 reductions, and 8 full exits. This dashboard separates share-count changes from portfolio-weight changes and links every figure to the underlying SEC filing.
01
Portfolio Snapshot
02
Quarterly Takeaways
03
Top Holdings
Ranked by reported quarter-end market value
AMZNAMAZON COM INC
15.16%$899.7M MICRON TECHNOLOGY INCMICRON TECHNOLOGY INC
9.48%$562.5M GOOGALPHABET INC
8.38%$497.0M UBERUBER TECHNOLOGIES INC
7.68%$455.5M TSMTAIWAN SEMICONDUCTOR MANUFAC
7.56%$448.6M ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD
7.33%$434.7M VISTRA CORPVISTRA CORP
5.12%$304.0M ISHARES INCISHARES INC
4.98%$295.2M NVDANVIDIA CORPORATION
4.33%$256.6M NRG ENERGY INCNRG ENERGY INC
4.27%$253.5M 04
Position Changes
SANDISK CORPSANDISK CORP
- Shares change
- New
- Weight change
- +3.01%
- Current value
- $178.7M
UBERUBER TECHNOLOGIES INC
- Shares change
- +242.3%
- Weight change
- +5.49%
- Current value
- $455.5M
VISTRA CORPVISTRA CORP
- Shares change
- +114.0%
- Weight change
- +2.92%
- Current value
- $304.0M
AMZNAMAZON COM INC
- Shares change
- +98.2%
- Weight change
- +7.90%
- Current value
- $899.7M
ISHARES INCISHARES INC
- Shares change
- +28.0%
- Weight change
- +2.34%
- Current value
- $295.2M
BAIDU INCBAIDU INC
- Shares change
- +20.4%
- Weight change
- +0.21%
- Current value
- $77.1M
TSMTAIWAN SEMICONDUCTOR MANUFAC
- Shares change
- +17.5%
- Weight change
- +2.60%
- Current value
- $448.6M
NRG ENERGY INCNRG ENERGY INC
- Shares change
- +5.8%
- Weight change
- +0.50%
- Current value
- $253.5M
DEUTSCHE BK AGDEUTSCHE BK AG
- Shares change
- -91.8%
- Weight change
- -1.62%
- Current value
- $7.7M
MSFTMICROSOFT CORP
- Shares change
- -82.0%
- Weight change
- -2.93%
- Current value
- $33.3M
KRANESHARES TRUSTKRANESHARES TRUST
- Shares change
- -77.3%
- Weight change
- -1.82%
- Current value
- $30.7M
JDJD.COM INC
- Shares change
- -68.6%
- Weight change
- -1.07%
- Current value
- $38.6M
QUALCOMM INCQUALCOMM INC
- Shares change
- -56.5%
- Weight change
- -1.75%
- Current value
- $64.2M
UNHUNITEDHEALTH GROUP INC
- Shares change
- -55.0%
- Weight change
- -0.54%
- Current value
- $24.4M
WHIRLPOOL CORPWHIRLPOOL CORP
- Shares change
- -50.1%
- Weight change
- -2.30%
- Current value
- $105.1M
PDD HOLDINGS INCPDD HOLDINGS INC
- Shares change
- -49.3%
- Weight change
- -1.36%
- Current value
- $92.0M
L3HARRIS TECHNOLOGIES INCL3HARRIS TECHNOLOGIES INC
- Shares change
- -32.9%
- Weight change
- -0.10%
- Current value
- $68.3M
ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD
- Shares change
- -32.6%
- Weight change
- -3.55%
- Current value
- $434.7M
AMDADVANCED MICRO DEVICES INC
- Shares change
- -31.9%
- Weight change
- -0.25%
- Current value
- $45.0M
RTX CORPORATIONRTX CORPORATION
- Shares change
- -31.6%
- Weight change
- -0.21%
- Current value
- $66.0M
AMERICAN AIRLS GROUP INCAMERICAN AIRLS GROUP INC
- Shares change
- -100.0%
- Weight change
- -3.13%
- Prior value
- $216.9M
OWENS CORNING NEWOWENS CORNING NEW
- Shares change
- -100.0%
- Weight change
- -1.54%
- Prior value
- $106.3M
MOHAWK INDS INCMOHAWK INDS INC
- Shares change
- -100.0%
- Weight change
- -1.07%
- Prior value
- $73.8M
IQVIA HLDGS INCIQVIA HLDGS INC
- Shares change
- -100.0%
- Weight change
- -0.91%
- Prior value
- $63.1M
UNITED AIRLS HLDGS INCUNITED AIRLS HLDGS INC
- Shares change
- -100.0%
- Weight change
- -0.75%
- Prior value
- $52.0M
ISHARES TRISHARES TR
- Shares change
- -100.0%
- Weight change
- -0.60%
- Prior value
- $41.6M
DALDELTA AIR LINES INC DEL
- Shares change
- -100.0%
- Weight change
- -0.48%
- Prior value
- $33.0M
GOODYEAR TIRE & RUBR COGOODYEAR TIRE & RUBR CO
- Shares change
- -100.0%
- Weight change
- -0.32%
- Prior value
- $21.9M
05
Full Holdings Table
Search and filter the latest reported positions. Share change and weight change are shown separately.
| Ticker | Company / share class | Sector | Security type | Shares | Market value | Portfolio weight | Shares change | Weight change |
|---|---|---|---|---|---|---|---|---|
| AMZN023135106 | AMAZON COM INC | Consumer Discretionary | Stock | 4,320,000 | $899.7M | 15.16% | +98.2% | +7.90% |
| —595112103 | MICRON TECHNOLOGY INC | Other / unclassified | Other | 1,665,000 | $562.5M | 9.48% | -4.9% | +2.27% |
| GOOG02079K107 | ALPHABET INC | Other / unclassified | Other | 1,732,700 | $497.0M | 8.38% | -3.0% | +0.28% |
| UBER90353T100 | UBER TECHNOLOGIES INC | Industrials | Stock | 6,332,720 | $455.5M | 7.68% | +242.3% | +5.49% |
| TSM874039100 | TAIWAN SEMICONDUCTOR MANUFAC | Information Technology | ADR | 1,327,500 | $448.6M | 7.56% | +17.5% | +2.60% |
| —01609W102 | ALIBABA GROUP HLDG LTD | Other / unclassified | ADR | 3,465,000 | $434.7M | 7.33% | -32.6% | -3.55% |
| —92840M102 | VISTRA CORP | Other / unclassified | Other | 2,022,332 | $304.0M | 5.12% | +114.0% | +2.92% |
| —464286772 | ISHARES INC | Other / unclassified | Other | 2,400,000 | $295.2M | 4.98% | +28.0% | +2.34% |
| NVDA67066G104 | NVIDIA CORPORATION | Information Technology | Stock | 1,471,500 | $256.6M | 4.33% | -13.4% | -0.25% |
| —629377508 | NRG ENERGY INC | Other / unclassified | Other | 1,734,442 | $253.5M | 4.27% | +5.8% | +0.50% |
| META30303M102 | META PLATFORMS INCClass A | Communication Services | Stock | 436,500 | $249.7M | 4.21% | -27.3% | -1.51% |
| —80004C200 | SANDISK CORP | Other / unclassified | Other | 281,250 | $178.7M | 3.01% | New | +3.01% |
| —219350105 | CORNING INC | Other / unclassified | Other | 1,129,500 | $153.6M | 2.59% | -28.1% | +0.60% |
| —963320106 | WHIRLPOOL CORP | Other / unclassified | Other | 1,950,000 | $105.1M | 1.77% | -50.1% | -2.30% |
| —722304102 | PDD HOLDINGS INC | Other / unclassified | ADR | 900,000 | $92.0M | 1.55% | -49.3% | -1.36% |
| LRCX512807306 | LAM RESEARCH CORP | Information Technology | Stock | 382,500 | $81.7M | 1.38% | -10.0% | +0.33% |
| —056752108 | BAIDU INC | Other / unclassified | ADR | 692,100 | $77.1M | 1.30% | +20.4% | +0.21% |
| —502431109 | L3HARRIS TECHNOLOGIES INC | Other / unclassified | Other | 198,000 | $68.3M | 1.15% | -32.9% | -0.10% |
| —75513E101 | RTX CORPORATION | Other / unclassified | Other | 342,000 | $66.0M | 1.11% | -31.6% | -0.21% |
| —N07059210 | ASML HLDG NV | Other / unclassified | Other | 49,500 | $65.4M | 1.10% | -20.8% | +0.14% |
| —747525103 | QUALCOMM INC | Other / unclassified | Other | 498,613 | $64.2M | 1.08% | -56.5% | -1.75% |
| —058498106 | BALL CORP | Other / unclassified | Other | 837,000 | $49.5M | 0.83% | -30.3% | -0.08% |
| AMD007903107 | ADVANCED MICRO DEVICES INC | Other / unclassified | Other | 221,400 | $45.0M | 0.76% | -31.9% | -0.25% |
| JD47215P106 | JD.COM INC | Consumer Discretionary | ADR | 1,305,000 | $38.6M | 0.65% | -68.6% | -1.07% |
| —55087P104 | LYFT INC | Other / unclassified | Other | 2,700,000 | $35.9M | 0.61% | -28.9% | -0.46% |
| MSFT594918104 | MICROSOFT CORP | Information Technology | Stock | 90,000 | $33.3M | 0.56% | -82.0% | -2.93% |
| —500767306 | KRANESHARES TRUST | Other / unclassified | Other | 1,080,000 | $30.7M | 0.52% | -77.3% | -1.82% |
| —29273V100 | ENERGY TRANSFER L P | Other / unclassified | Other | 1,576,125 | $30.4M | 0.51% | -28.1% | -0.01% |
| —55336V100 | MPLX LP | Other / unclassified | Other | 502,460 | $28.7M | 0.48% | -19.9% | -0.00% |
| UNH91324P102 | UNITEDHEALTH GROUP INC | Health Care | Stock | 90,000 | $24.4M | 0.41% | -55.0% | -0.54% |
| —D18190898 | DEUTSCHE BK AG | Other / unclassified | Other | 257,616 | $7.7M | 0.13% | -91.8% | -1.62% |
AMZNAMAZON COM INC
15.16%- Market value
- $899.7M
- Shares
- 4,320,000
- Shares change
- +98.2%
- Weight change
- +7.90%
- Sector
- Consumer Discretionary
- CUSIP
- 023135106
MICRON TECHNOLOGY INCMICRON TECHNOLOGY INC
9.48%- Market value
- $562.5M
- Shares
- 1,665,000
- Shares change
- -4.9%
- Weight change
- +2.27%
- Sector
- Other / unclassified
- CUSIP
- 595112103
GOOGALPHABET INC
8.38%- Market value
- $497.0M
- Shares
- 1,732,700
- Shares change
- -3.0%
- Weight change
- +0.28%
- Sector
- Other / unclassified
- CUSIP
- 02079K107
UBERUBER TECHNOLOGIES INC
7.68%- Market value
- $455.5M
- Shares
- 6,332,720
- Shares change
- +242.3%
- Weight change
- +5.49%
- Sector
- Industrials
- CUSIP
- 90353T100
TSMTAIWAN SEMICONDUCTOR MANUFAC
7.56%- Market value
- $448.6M
- Shares
- 1,327,500
- Shares change
- +17.5%
- Weight change
- +2.60%
- Sector
- Information Technology
- CUSIP
- 874039100
ALIBABA GROUP HLDG LTDALIBABA GROUP HLDG LTD
7.33%- Market value
- $434.7M
- Shares
- 3,465,000
- Shares change
- -32.6%
- Weight change
- -3.55%
- Sector
- Other / unclassified
- CUSIP
- 01609W102
VISTRA CORPVISTRA CORP
5.12%- Market value
- $304.0M
- Shares
- 2,022,332
- Shares change
- +114.0%
- Weight change
- +2.92%
- Sector
- Other / unclassified
- CUSIP
- 92840M102
ISHARES INCISHARES INC
4.98%- Market value
- $295.2M
- Shares
- 2,400,000
- Shares change
- +28.0%
- Weight change
- +2.34%
- Sector
- Other / unclassified
- CUSIP
- 464286772
NVDANVIDIA CORPORATION
4.33%- Market value
- $256.6M
- Shares
- 1,471,500
- Shares change
- -13.4%
- Weight change
- -0.25%
- Sector
- Information Technology
- CUSIP
- 67066G104
NRG ENERGY INCNRG ENERGY INC
4.27%- Market value
- $253.5M
- Shares
- 1,734,442
- Shares change
- +5.8%
- Weight change
- +0.50%
- Sector
- Other / unclassified
- CUSIP
- 629377508
METAMETA PLATFORMS INC
4.21%- Market value
- $249.7M
- Shares
- 436,500
- Shares change
- -27.3%
- Weight change
- -1.51%
- Sector
- Communication Services
- CUSIP
- 30303M102
SANDISK CORPSANDISK CORP
3.01%- Market value
- $178.7M
- Shares
- 281,250
- Shares change
- New
- Weight change
- +3.01%
- Sector
- Other / unclassified
- CUSIP
- 80004C200
CORNING INCCORNING INC
2.59%- Market value
- $153.6M
- Shares
- 1,129,500
- Shares change
- -28.1%
- Weight change
- +0.60%
- Sector
- Other / unclassified
- CUSIP
- 219350105
WHIRLPOOL CORPWHIRLPOOL CORP
1.77%- Market value
- $105.1M
- Shares
- 1,950,000
- Shares change
- -50.1%
- Weight change
- -2.30%
- Sector
- Other / unclassified
- CUSIP
- 963320106
PDD HOLDINGS INCPDD HOLDINGS INC
1.55%- Market value
- $92.0M
- Shares
- 900,000
- Shares change
- -49.3%
- Weight change
- -1.36%
- Sector
- Other / unclassified
- CUSIP
- 722304102
LRCXLAM RESEARCH CORP
1.38%- Market value
- $81.7M
- Shares
- 382,500
- Shares change
- -10.0%
- Weight change
- +0.33%
- Sector
- Information Technology
- CUSIP
- 512807306
BAIDU INCBAIDU INC
1.30%- Market value
- $77.1M
- Shares
- 692,100
- Shares change
- +20.4%
- Weight change
- +0.21%
- Sector
- Other / unclassified
- CUSIP
- 056752108
L3HARRIS TECHNOLOGIES INCL3HARRIS TECHNOLOGIES INC
1.15%- Market value
- $68.3M
- Shares
- 198,000
- Shares change
- -32.9%
- Weight change
- -0.10%
- Sector
- Other / unclassified
- CUSIP
- 502431109
RTX CORPORATIONRTX CORPORATION
1.11%- Market value
- $66.0M
- Shares
- 342,000
- Shares change
- -31.6%
- Weight change
- -0.21%
- Sector
- Other / unclassified
- CUSIP
- 75513E101
ASML HLDG NVASML HLDG NV
1.10%- Market value
- $65.4M
- Shares
- 49,500
- Shares change
- -20.8%
- Weight change
- +0.14%
- Sector
- Other / unclassified
- CUSIP
- N07059210
QUALCOMM INCQUALCOMM INC
1.08%- Market value
- $64.2M
- Shares
- 498,613
- Shares change
- -56.5%
- Weight change
- -1.75%
- Sector
- Other / unclassified
- CUSIP
- 747525103
BALL CORPBALL CORP
0.83%- Market value
- $49.5M
- Shares
- 837,000
- Shares change
- -30.3%
- Weight change
- -0.08%
- Sector
- Other / unclassified
- CUSIP
- 058498106
AMDADVANCED MICRO DEVICES INC
0.76%- Market value
- $45.0M
- Shares
- 221,400
- Shares change
- -31.9%
- Weight change
- -0.25%
- Sector
- Other / unclassified
- CUSIP
- 007903107
JDJD.COM INC
0.65%- Market value
- $38.6M
- Shares
- 1,305,000
- Shares change
- -68.6%
- Weight change
- -1.07%
- Sector
- Consumer Discretionary
- CUSIP
- 47215P106
LYFT INCLYFT INC
0.61%- Market value
- $35.9M
- Shares
- 2,700,000
- Shares change
- -28.9%
- Weight change
- -0.46%
- Sector
- Other / unclassified
- CUSIP
- 55087P104
MSFTMICROSOFT CORP
0.56%- Market value
- $33.3M
- Shares
- 90,000
- Shares change
- -82.0%
- Weight change
- -2.93%
- Sector
- Information Technology
- CUSIP
- 594918104
KRANESHARES TRUSTKRANESHARES TRUST
0.52%- Market value
- $30.7M
- Shares
- 1,080,000
- Shares change
- -77.3%
- Weight change
- -1.82%
- Sector
- Other / unclassified
- CUSIP
- 500767306
ENERGY TRANSFER L PENERGY TRANSFER L P
0.51%- Market value
- $30.4M
- Shares
- 1,576,125
- Shares change
- -28.1%
- Weight change
- -0.01%
- Sector
- Other / unclassified
- CUSIP
- 29273V100
MPLX LPMPLX LP
0.48%- Market value
- $28.7M
- Shares
- 502,460
- Shares change
- -19.9%
- Weight change
- -0.00%
- Sector
- Other / unclassified
- CUSIP
- 55336V100
UNHUNITEDHEALTH GROUP INC
0.41%- Market value
- $24.4M
- Shares
- 90,000
- Shares change
- -55.0%
- Weight change
- -0.54%
- Sector
- Health Care
- CUSIP
- 91324P102
DEUTSCHE BK AGDEUTSCHE BK AG
0.13%- Market value
- $7.7M
- Shares
- 257,616
- Shares change
- -91.8%
- Weight change
- -1.62%
- Sector
- Other / unclassified
- CUSIP
- D18190898
06
Portfolio Allocation
Classification coverage51.1%
A definitive sector chart is withheld because mapped holdings do not meet the 85% coverage threshold.
Unclassified reported value: 48.9%
A definitive sector chart is withheld because mapped holdings do not meet the 85% coverage threshold.
07
Historical Trends
Reported values are quarter-end 13F values, not live portfolio values.
Q1 20262026-05-15
$5.9B31 PositionsQ4 20252026-02-17
$6.9B38 PositionsQ3 20252025-11-13
$7.4B45 PositionsQ2 20252025-08-14
$6.4B38 PositionsQ1 20252025-05-15
$8.4B38 Positions08
Similar Investors
Ranked by overlap in currently reported CUSIPs.
09
Investor Profile
- Manager
- David Tepper
10
Frequently Asked Questions
What is Appaloosa Management's largest reported holding?
AMZN is Appaloosa Management's largest active reported position at 15.2% of the portfolio. See its size and share count in the Appaloosa Management holdings table.
Which position did Appaloosa Management increase most?
AMZN is the largest increase or new position by current reported value. The Appaloosa Management position-change section separates new and increased holdings.
Which position did Appaloosa Management reduce or exit most significantly?
ALIBABA GROUP HLDG LTD is the largest reduction or exit by prior reported value. Compare it with the other actions in Appaloosa Management's change grid.
What new positions did Appaloosa Management open this quarter?
Appaloosa Management initiated 1 position, led by SANDISK CORP. Each new holding appears in the Appaloosa Management new-buys list.
How concentrated is Appaloosa Management's reported portfolio?
The five largest positions represent 48.3% of Appaloosa Management's reported value. The Appaloosa Management holdings ranking shows whether that concentration comes from one dominant stock or several large positions.
Which sector is most important in Appaloosa Management's portfolio?
Consumer Discretionary is the largest classified sector in Appaloosa Management's current reported portfolio. The Appaloosa Management sector breakdown shows weights and quarter-over-quarter changes.
Does Appaloosa's 13F capture David Tepper's macro positioning?
Only partly. The filing covers reportable US long securities and omits many rates, currency, credit, derivative, and non-US exposures that may shape the broader portfolio. See the Appaloosa Management four-quarter record for the surrounding trend.
11
Source and Methodology
- CIK
- 0001656456
- SEC accession
- 0001656456-26-000002
- Quarter
- 2026-03-31
- Filing date
- 2026-05-15
- Classification coverage
- 51.1%
13F filings are historical, delayed, and do not disclose short positions, cash, or every asset class. Values can also reflect market-price movement rather than trading alone.