Tepper
Portfolio value$7.7B
Positions27
QuarterQ2 2026ended 2026-06-30
Filed08/142026
Appaloosa LP's Q2 2026 13F, filed Aug 14, 2026, reports 27 positions worth $7.7B. The ten largest are 78.9% of the book, led by Amazon at 15.4%, Micron Technology at 14.6% and Taiwan Semiconductor Manufac at 10.2%. Against Q1 2026: 8 bought, 11 added to, 5 reduced, 12 sold; the largest moves were reduced Micron Technology (−41%) and bought Apple.
Where the money is
AMZNMUTSMGOOGUBEREWYMETAVST17 other
Holdings
| Ticker | Issuer | Weight | Value | Q-end → now | Price vs model | Change |
|---|---|---|---|---|---|---|
| AMZN | Amazon Com INC | 15.4% | $1.2B5.0M sh | 238.34 → +5% | 171% overvalued | added +16% |
| MU | Micron Technology INC | 14.6% | $1.1B975,000 sh | 1,154.29 → −24% | 191% overvalued | reduced −41% |
| TSM | Taiwan Semiconductor Manufac | 10.2% | $788.0M1.6M sh | 477.57 | — | added +24% |
| GOOG | Alphabet INC | 8.5% | $653.7M1.9M sh | 353.33 → −5% | 44% overvalued | added +7% |
| UBER | Uber Technologies INC | 7.2% | $555.2M7.7M sh | 72.16 → −3% | 12% overvalued | added +21% |
| EWY | Ishares INC | 6.3% | $489.6M2.4M sh | 201.90 | — | added +1% |
| META | Meta Platforms INC | 4.9% | $380.2M675,000 sh | 563.29 → +26% | 7% overvalued | added +55% |
| VST | Vistra Corp | 4.5% | $351.4M2.2M sh | 158.63 → −4% | 459% overvalued | added +10% |
| NVDA | Nvidia Corporation | 3.9% | $305.1M1.5M sh | 200.09 → +7% | 4% undervalued | added +4% |
| NRG | Nrg Energy INC | 3.3% | $257.1M1.8M sh | 146.06 → −29% | 45% undervalued | added +1% |
| AAPL | Apple INC (Put) | 3.1% | $241.6M835,000 sh | 289.36 | — | bought |
| BABA | Alibaba Group Hldg LTD | 2.5% | $192.0M2.0M sh | 95.98 | — | reduced −42% |
| BA | Boeing CO | 2.2% | $173.2M800,000 sh | 216.47 → −12% | 119% overvalued | bought |
| LRCX | Lam Research Corp | 2.1% | $165.7M382,500 sh | 433.33 → −39% | 147% overvalued | held |
| BIDU | Baidu INC | 1.9% | $148.0M1.3M sh | 114.29 | — | added +87% |
| AAL | American Airlines Group INC | 1.8% | $135.5M7.5M sh | 18.07 | — | bought |
| AMD | Advanced Micro Devices INC | 1.5% | $114.7M197,500 sh | 580.91 → −9% | 253% overvalued | reduced −11% |
| CRWV | Coreweave INC | 1.4% | $107.3M1.1M sh | 99.54 → −38% | 93% undervalued | bought |
| ASML | Asml Hldg NV | 1.3% | $99.5M50,000 sh | 1,989.44 → −17% | no usable model value | added +1% |
| AVGO | Broadcom INC | 0.7% | $56.7M150,000 sh | 377.75 → −13% | 49% undervalued | bought |
| QCOM | Qualcomm INC | 0.6% | $46.2M250,000 sh | 184.79 → −7% | 24% overvalued | reduced −50% |
| SPCX | Space Exploration Techn Corp | 0.5% | $38.4M225,000 sh | 170.86 → −15% | 49% undervalued | bought |
| ET | Energy Transfer L P | 0.4% | $30.1M1.6M sh | 19.12 | — | held |
| MPLX | Mplx LP | 0.4% | $28.3M502,460 sh | 56.33 | — | held |
| WHR | Whirlpool Corp | 0.4% | $28.2M715,000 sh | 39.42 | — | reduced −63% |
| BRK/B | Berkshire Hathaway INC Del (Put) | 0.2% | $12.5M25,000 sh | 500.39 | — | bought |
| GT | Goodyear Tire & Rubr CO | 0.1% | $10.0M1.5M sh | 6.60 | — | bought |
Source: the manager's Form 13F-HR on SEC EDGAR, kept as immutable quarterly snapshots; changes compare two consecutive filings. A 13F is filed up to 45 days after quarter end and covers US-listed long positions only. Tickers come from a self-maintained CUSIP map; a position without one shows its CUSIP. Method notes in where the numbers come from.