David Tepper - Appaloosa Management
| History | Stock | Activity ▲ | Share change | % change to portfolio |
| Q1 2026 | ≡ | DB - Deutsche Bank AG | Reduce 91.82% | 2,892,384 | 1.46 | ≡ | MSFT - Microsoft Corp. | Reduce 82.00% | 410,000 | 2.55 | ≡ | KWEB - Kraneshares Csi China Intern | Reduce 77.26% | 3,670,000 | 1.77 | ≡ | JD - JD.com Inc. | Reduce 68.61% | 2,852,046 | 1.42 | ≡ | QCOM - QUALCOMM Inc. | Reduce 56.45% | 646,387 | 1.40 | ≡ | UNH - United Health Group Inc. | Reduce 55.00% | 110,000 | 0.50 | ≡ | WHR - Whirlpool Corp. | Reduce 50.13% | 1,960,000 | 1.78 | ≡ | PDD - Pinduoduo Inc. | Reduce 49.30% | 875,000 | 1.51 | ≡ | LHX - L3Harris Technologies Inc. | Reduce 32.88% | 97,000 | 0.56 | ≡ | BABA - Alibaba Group Holdings | Reduce 32.56% | 1,672,931 | 3.54 | ≡ | AMD - Advanced Micro Devices | Reduce 31.88% | 103,600 | 0.36 | ≡ | RTX - RTX Corp. | Reduce 31.60% | 158,000 | 0.51 | ≡ | BALL - Ball Corp. | Reduce 30.25% | 363,000 | 0.36 | ≡ | LYFT - Lyft Inc. | Reduce 28.95% | 1,100,000 | 0.25 | ≡ | ET - Energy Transfer LP | Reduce 28.07% | 615,125 | 0.20 | ≡ | GLW - Corning Inc. | Reduce 28.07% | 440,700 | 1.01 | ≡ | META - Meta Platforms Inc. | Reduce 27.25% | 163,500 | 1.58 | ≡ | ASML - ASML Holding NV | Reduce 20.80% | 13,000 | 0.29 | ≡ | MPLX - MPLX LP | Reduce 19.93% | 125,040 | 0.12 | ≡ | NVDA - NVIDIA Corp. | Reduce 13.44% | 228,500 | 0.67 | ≡ | LRCX - Lam Research | Reduce 10.00% | 42,500 | 0.15 | ≡ | GOOG - Alphabet Inc. CL C | Reduce 3.03% | 54,231 | 0.26 | ≡ | GT - Goodyear Tire & Rubber | Sell 100.00% | 2,500,000 | 0.32 | ≡ | DAL - Delta Air Lines Inc. | Sell 100.00% | 475,000 | 0.48 | ≡ | FXI - Ishares China Large Cap ETF | Sell 100.00% | 1,087,500 | 0.61 | ≡ | UAL - United Airlines Holdings Inc. | Sell 100.00% | 465,000 | 0.76 | ≡ | IQV - IQVIA Holdings Inc. | Sell 100.00% | 280,000 | 0.92 | ≡ | MHK - Mohawk Industries | Sell 100.00% | 675,000 | 1.08 | ≡ | OC - Owens Corning | Sell 100.00% | 950,000 | 1.55 | ≡ | AAL - American Airlines Group Inc. | Sell 100.00% | 14,150,000 | 3.17 |
| Q4 2025 | ≡ | AMD - Advanced Micro Devices | Reduce 65.79% | 625,000 | 1.96 | ≡ | ET - Energy Transfer LP | Reduce 55.80% | 2,765,985 | 0.67 | ≡ | GT - Goodyear Tire & Rubber | Reduce 51.36% | 2,640,000 | 0.34 | ≡ | BIDU - Baidu Inc. | Reduce 44.98% | 470,000 | 0.90 | ≡ | KWEB - Kraneshares Csi China Intern | Reduce 35.81% | 2,650,000 | 1.32 | ≡ | JD - JD.com Inc. | Reduce 33.22% | 2,067,954 | 0.87 | ≡ | LYFT - Lyft Inc. | Reduce 32.14% | 1,800,000 | 0.51 | ≡ | WHR - Whirlpool Corp. | Reduce 28.91% | 1,590,000 | 1.68 | ≡ | VST - Vistra Corp. | Reduce 24.10% | 300,000 | 0.70 | ≡ | UBER - Uber Technologies Inc. | Reduce 23.14% | 556,983 | 0.67 | ≡ | BABA - Alibaba Group Holdings | Reduce 20.34% | 1,312,069 | 2.81 | ≡ | DB - Deutsche Bank AG | Reduce 16.89% | 640,000 | 0.36 | ≡ | AMZN - Amazon.com Inc. | Reduce 12.82% | 320,609 | 1.08 | ≡ | NRG - NRG Energy Inc. | Reduce 12.30% | 230,000 | 0.53 | ≡ | NVDA - NVIDIA Corp. | Reduce 10.53% | 200,000 | 0.54 | ≡ | QCOM - QUALCOMM Inc. | Reduce 8.03% | 100,000 | 0.25 | ≡ | GLW - Corning Inc. | Reduce 3.37% | 54,800 | 0.07 | ≡ | ASML - ASML Holding NV | Reduce 2.34% | 1,500 | 0.02 | ≡ | FXI - Ishares China Large Cap ETF | Reduce 2.03% | 22,500 | 0.01 | ≡ | RTX - RTX Corp. | Reduce 1.86% | 9,500 | 0.03 | ≡ | IQV - IQVIA Holdings Inc. | Reduce 1.75% | 5,000 | 0.02 | ≡ | UNH - United Health Group Inc. | Reduce 1.72% | 3,500 | 0.02 | ≡ | LHX - L3Harris Technologies Inc. | Reduce 1.67% | 5,000 | 0.02 | ≡ | PDD - Pinduoduo Inc. | Reduce 1.39% | 25,000 | 0.04 | ≡ | ZION - Zions Bancorp | Sell 100.00% | 285,000 | 0.22 | ≡ | WAL - Western Alliance Bancorp | Sell 100.00% | 195,000 | 0.23 | ≡ | XYZ - Block Inc. | Sell 100.00% | 370,000 | 0.36 | ≡ | CFG - Citizens Financial Group Inc. | Sell 100.00% | 600,000 | 0.43 | ≡ | CMA - Comerica Inc. | Sell 100.00% | 462,500 | 0.43 | ≡ | KEY - KeyCorp | Sell 100.00% | 2,020,000 | 0.51 | ≡ | CZR - Caesars Entertainment | Sell 100.00% | 2,100,000 | 0.77 | ≡ | TFC - Truist Financial Corp. | Sell 100.00% | 1,387,500 | 0.86 | ≡ | FISV - Fiserv Inc. | Sell 100.00% | 925,000 | 1.62 |
| Q3 2025 | ≡ | UNH - United Health Group Inc. | Reduce 91.69% | 2,246,500 | 10.49 | ≡ | XYZ - Block Inc. | Reduce 42.35% | 271,800 | 0.26 | ≡ | MU - Micron Technology Inc. | Reduce 39.39% | 325,000 | 0.73 | ≡ | VST - Vistra Corp. | Reduce 30.83% | 555,000 | 1.47 | ≡ | LYFT - Lyft Inc. | Reduce 30.00% | 2,400,000 | 0.72 | ≡ | DAL - Delta Air Lines Inc. | Reduce 15.91% | 87,500 | 0.07 | ≡ | UAL - United Airlines Holdings Inc. | Reduce 15.91% | 87,500 | 0.11 | ≡ | LHX - L3Harris Technologies Inc. | Reduce 14.29% | 50,000 | 0.21 | ≡ | RTX - RTX Corp. | Reduce 12.91% | 75,500 | 0.17 | ≡ | UBER - Uber Technologies Inc. | Reduce 12.47% | 343,017 | 0.45 | ≡ | JD - JD.com Inc. | Reduce 11.07% | 775,000 | 0.37 | ≡ | PDD - Pinduoduo Inc. | Reduce 10.00% | 200,000 | 0.36 | ≡ | BABA - Alibaba Group Holdings | Reduce 8.73% | 617,271 | 1.49 | ≡ | ASML - ASML Holding NV | Reduce 8.57% | 6,000 | 0.08 | ≡ | MPLX - MPLX LP | Reduce 7.52% | 43,500 | 0.03 | ≡ | LRCX - Lam Research | Reduce 7.50% | 30,000 | 0.05 | ≡ | MSFT - Microsoft Corp. | Reduce 7.50% | 37,500 | 0.26 | ≡ | META - Meta Platforms Inc. | Reduce 7.50% | 30,000 | 0.30 | ≡ | GOOG - Alphabet Inc. CL C | Reduce 7.50% | 112,500 | 0.37 | ≡ | AMZN - Amazon.com Inc. | Reduce 7.41% | 200,000 | 0.59 | ≡ | GLW - Corning Inc. | Reduce 7.14% | 125,000 | 0.14 | ≡ | NRG - NRG Energy Inc. | Reduce 5.56% | 110,000 | 0.24 | ≡ | DB - Deutsche Bank AG | Reduce 5.25% | 210,000 | 0.10 | ≡ | IQV - IQVIA Holdings Inc. | Reduce 5.00% | 15,000 | 0.04 | ≡ | BEKE - KE Holdings Inc. | Sell 100.00% | 1,500,000 | 0.41 | ≡ | ORCL - Oracle Corp. | Sell 100.00% | 150,000 | 0.51 | ≡ | INTC - Intel Corp. | Sell 100.00% | 8,000,000 | 2.78 |
| Q2 2025 | ≡ | FXI - Ishares China Large Cap ETF | Reduce 82.14% | 4,600,000 | 2.62 | ≡ | ORCL - Oracle Corp. | Reduce 78.57% | 550,000 | 1.87 | ≡ | PDD - Pinduoduo Inc. | Reduce 54.23% | 2,370,000 | 3.85 | ≡ | META - Meta Platforms Inc. | Reduce 27.27% | 150,000 | 1.72 | ≡ | GOOG - Alphabet Inc. CL C | Reduce 25.37% | 510,000 | 1.40 | ≡ | BABA - Alibaba Group Holdings | Reduce 23.43% | 2,162,729 | 3.80 | ≡ | VST - Vistra Corp. | Reduce 21.74% | 500,000 | 1.50 | ≡ | BEKE - KE Holdings Inc. | Reduce 21.05% | 400,000 | 0.11 | ≡ | LRCX - Lam Research | Reduce 20.00% | 100,000 | 0.15 | ≡ | BIDU - Baidu Inc. | Reduce 19.35% | 150,000 | 0.20 |