APPALOOSA LP
CIK 1656456 · View on SEC EDGAR ↗
- Portfolio value
- $7.7B
- Positions
- 27
- As of
- June 30, 2026
#594 of 9,443 by 13F value · top 6.3%
Portfolio value QoQ: +30.2% 13F does not disclose cash
- Top 10 holdings weight
- 78.93%
- Top 25 holdings weight
- 99.71%
- Positions above 1%
- 19
- Effective number of positions
- 12.1
Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)
Turnover Q2 2026: 21.75% Est. buys $1,485,322,294 · sells $1,824,138,959
Median holding: 3.5 quarters Tracked Q4 2024–Q2 2026 · 39.7% still held
- New positions
- 8
- Increased
- 11
- Decreased
- 5
- Closed
- 12
Put-notional exposure: 3.3% puts 13F reports option positions at underlying notional value — may include hedges, not necessarily bearish bets
On this page
- Performance vs S&P How this manager's 13F portfolio performed against the S&P 500.
- Sector breakdown How the portfolio splits across market sectors.
- Portfolio Every stock this institution reports holding, from its latest 13F.
- High-conviction bets The holdings this manager is most concentrated in.
- Biggest new bets Brand-new positions opened in the latest quarter.
- Top moves The biggest position increases and decreases this quarter.
- Exited positions Positions the manager fully sold out of last quarter.
- Related The person behind this filer, where we can match one.
Performance vs S&P 500
Annualized: +52.5% · S&P 500: +18.0%
Approximates a buy-and-hold portfolio built from quarterly SEC 13F snapshots. Excludes cash, short positions, options/derivatives, and non-13(f) securities — reflects the disclosed long-equity book only, not total fund AUM. SEC filing lag is up to 45 days; this is not a real-time-copyable timing.
Priceable coverage: 94.8% · Options excluded: 7.0%
Sector breakdown
Technology
39.5%
Retail
17.9%
Communication Services
15.3%
Industrials
11.2%
Utilities
7.9%
Energy
0.8%
Consumer products
0.4%
Consumer Discretionary
0.1%
Other/Unmapped
7.0%
Full portfolio 27 positions
| Type | Streak | 8Q trend | |||||
|---|---|---|---|---|---|---|---|
| AMZN Amazon.com, Inc. - Common Stock | $1,191,700,000 | 15.43% | 5,000,000 | $291,973,600 | Up ×2 | ||
| MU Micron Technology, Inc. - Common Stock | $1,125,432,750 | 14.57% | 975,000 | $562,929,150 | Down ×1 | ||
| TSM Taiwan Semiconductor Manufacturing Company Ltd. | $787,990,500 | 10.20% | 1,650,000 | $339,361,875 | Up ×6 | ||
| GOOG Alphabet Inc. - Class C Capital Stock | $653,660,500 | 8.46% | 1,850,000 | $156,618,178 | Up ×1 | ||
| UBER Uber Technologies, Inc. Common Stock | $555,204,163 | 7.19% | 7,694,071 | $99,691,613 | Up ×2 | ||
| EWY | $489,607,500 | 6.34% | 2,425,000 | $194,383,500 | Up ×2 | ||
| META Meta Platforms, Inc. - Class A Common Stock | $380,220,750 | 4.92% | 675,000 | $130,486,005 | Up ×1 | ||
| VST Vistra Corp. Common Stock | $351,408,597 | 4.55% | 2,215,272 | $47,391,427 | Up ×2 | ||
| NVDA NVIDIA Corporation - Common Stock | $305,137,250 | 3.95% | 1,525,000 | $48,507,650 | Up ×1 | ||
| NRG NRG Energy, Inc. Common Stock | $257,065,600 | 3.33% | 1,760,000 | $3,594,246 | Up ×2 | ||
| AAPL Apple Inc. - Common Stock | $241,615,600 | 3.13% | 835,000 | Put option | |||
| BABA Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share | $191,960,000 | 2.48% | 2,000,000 | $-242,758,900 | Down ×6 | ||
| BA Boeing Company (The) Common Stock | $173,176,000 | 2.24% | 800,000 | Up ×1 | |||
| LRCX Lam Research Corporation - Common Stock | $165,748,725 | 2.15% | 382,500 | $84,023,775 | |||
| BIDU Baidu, Inc. - American Depositary Shares, each representing 8 ordinary share | $148,005,550 | 1.92% | 1,295,000 | $70,891,768 | Up ×2 | ||
| AAL American Airlines Group, Inc. - Common Stock | $135,525,000 | 1.75% | 7,500,000 | ||||
| AMD Advanced Micro Devices, Inc. - Common Stock | $114,729,725 | 1.49% | 197,500 | $69,690,323 | Down ×3 | ||
| CRWV CoreWeave, Inc. - Class A Common Stock | $107,328,806 | 1.39% | 1,078,248 | Up ×1 | |||
| ASML ASML Holding N.V. - New York Registry Shares | $99,472,000 | 1.29% | 50,000 | $34,090,915 | Up ×1 | ||
| AVGO Broadcom Inc. - Common Stock | $56,662,500 | 0.73% | 150,000 | ||||
| QCOM QUALCOMM Incorporated - Common Stock | $46,197,500 | 0.60% | 250,000 | $-18,013,882 | Down ×3 | ||
| Unknown issuer (CUSIP: 84615Q103) | $38,443,500 | 0.50% | 225,000 | Up ×1 | |||
| ET Energy Transfer LP Common Units | $30,135,510 | 0.39% | 1,576,125 | $-283,703 | |||
| MPLX MPLX LP Common Units Representing Limited Partner Interests | $28,303,572 | 0.37% | 502,460 | $-371,820 | |||
| WHR Whirlpool Corporation Common Stock | $28,185,300 | 0.36% | 715,000 | $-76,958,700 | Down ×3 | ||
| BRKB | $12,509,750 | 0.16% | 25,000 | Put option | Up ×1 | ||
| GT The Goodyear Tire & Rubber Company - Common Stock | $9,956,701 | 0.13% | 1,508,591 | ||||
| No matches | |||||||
Conviction holdings
Positions increased for 3+ consecutive quarters.
Share counts are as reported in 13F filings (not split-adjusted)
| Security | Value | % of portfolio | Streak |
|---|---|---|---|
| TSM | $787,990,500 | 10.20% | up ×6 |
Biggest new bets
New positions opened this quarter, largest first.
| Security | Value | Shares | % of portfolio |
|---|---|---|---|
| AAPL | $241,615,600 | 835,000 | 3.13% |
| BA | $173,176,000 | 800,000 | 2.24% |
| AAL | $135,525,000 | 7,500,000 | 1.75% |
| CRWV | $107,328,806 | 1,078,248 | 1.39% |
| AVGO | $56,662,500 | 150,000 | 0.73% |
| Unknown issuer (CUSIP: 84615Q103) | $38,443,500 | 225,000 | 0.50% |
| BRKB | $12,509,750 | 25,000 | 0.16% |
| GT | $9,956,701 | 1,508,591 | 0.13% |
Top movers (QoQ)
| Security | Action | Shares Δ | Value Δ |
|---|---|---|---|
| MU | Trimmed | -690K | +$562.9M |
| TSM | Bought more | +322K | +$339.4M |
| AMZN | Bought more | +680K | +$292.0M |
| BABA | Trimmed | -1.5M | -$242.8M |
| EWY | Bought more | +25K | +$194.4M |
| GOOG | Bought more | +117K | +$156.6M |
| META | Bought more | +238K | +$130.5M |
| UBER | Bought more | +1.4M | +$99.7M |
| LRCX | Price move only | +0 | +$84.0M |
| WHR | Trimmed | -1.2M | -$77.0M |
Exited positions
Includes corporate events (mergers, delistings) — not all exits are sells
Closed positions reflect 13F reporting changes; for index managers these are often mechanical (delisting, M&A, index rebalancing), not active decisions.
| Security | Quarter | Shares before | Value before | Price since exit |
|---|---|---|---|---|
| SPYX | June 30, 2025 | 4,500,000 | $2,517,255,000 | No longer tracked |
| AAPL | June 30, 2025 | 1,250,000 | $277,662,500 | 54.8% |
| AAL | March 31, 2026 | 14,150,000 | $216,919,500 | 26.9% |
| INTC | Sept. 30, 2025 | 8,000,000 | $179,200,000 | 171.0% |
| SNDK | June 30, 2026 | 281,250 | $178,689,375 | -30.9% |
| GLW | June 30, 2026 | 1,129,500 | $153,578,115 | -41.1% |
| AMD | March 31, 2025 | 1,200,000 | $144,948,000 | 353.6% |
| FISV | Dec. 31, 2025 | 925,000 | $119,260,250 | -23.5% |
| OC | March 31, 2026 | 950,000 | $106,314,500 | 36.1% |
| FDX | March 31, 2025 | 350,000 | $98,465,500 | 33.5% |
| PDD | June 30, 2026 | 900,000 | $91,962,000 | 16.1% |
| MHK | March 31, 2026 | 675,000 | $73,777,500 | 33.7% |
| LHX | June 30, 2026 | 198,000 | $68,339,700 | -5.5% |
| RTX | June 30, 2026 | 342,000 | $65,971,800 | 14.5% |
| TFC | Dec. 31, 2025 | 1,387,500 | $63,436,500 | 2.9% |
| IQV | March 31, 2026 | 280,000 | $63,114,800 | 49.3% |
| CZR | Dec. 31, 2025 | 2,100,000 | $56,752,500 | 26.6% |
| UAL | March 31, 2026 | 465,000 | $51,996,300 | 23.1% |
| BALL | June 30, 2026 | 837,000 | $49,475,070 | 0.5% |
| FXI | March 31, 2026 | 1,087,500 | $41,640,375 | No longer tracked |
| JD | June 30, 2026 | 1,305,000 | $38,588,850 | 14.4% |
| KEY | Dec. 31, 2025 | 2,020,000 | $37,753,800 | 6.1% |
| EQT | March 31, 2025 | 800,000 | $36,888,000 | 2.1% |
| LYFT | June 30, 2026 | 2,700,000 | $35,910,000 | 19.6% |
| MSFT | June 30, 2026 | 90,000 | $33,315,300 | 29.5% |
| DAL | March 31, 2026 | 475,000 | $32,965,000 | 23.1% |
| ORCL | Sept. 30, 2025 | 150,000 | $32,794,500 | -49.3% |
| CFG | Dec. 31, 2025 | 600,000 | $31,896,000 | 19.9% |
| CMA | Dec. 31, 2025 | 462,500 | $31,690,500 | No longer tracked |
| KWEB | June 30, 2026 | 1,080,000 | $30,704,400 | No longer tracked |
| AR | March 31, 2025 | 840,000 | $29,442,000 | -6.3% |
| EXE | March 31, 2025 | 295,000 | $29,367,250 | -12.8% |
| XYZ | Dec. 31, 2025 | 370,000 | $26,739,900 | 24.3% |
| WYNN | June 30, 2025 | 320,000 | $26,720,000 | 4.4% |
| BEKE | Sept. 30, 2025 | 1,500,000 | $26,610,000 | -10.7% |
| UNH | June 30, 2026 | 90,000 | $24,353,100 | -5.6% |
| LVS | June 30, 2025 | 590,000 | $22,791,700 | 6.9% |
| GT | March 31, 2026 | 2,500,000 | $21,900,000 | -11.3% |
| AVGO | June 30, 2025 | 130,000 | $21,765,900 | 32.1% |
| SMH | June 30, 2025 | 100,000 | $21,147,000 | 100.7% |
| INTC | March 31, 2025 | 1,000,000 | $20,050,000 | 300.4% |
| WAL | Dec. 31, 2025 | 195,000 | $16,910,400 | -4.3% |
| ZION | Dec. 31, 2025 | 285,000 | $16,125,300 | 15.9% |
| CHKEZ | June 30, 2025 | 117,321 | $12,348,035 | No longer tracked |
| DB | June 30, 2026 | 257,616 | $7,671,804 | 12.1% |
| CHKEL | June 30, 2025 | 65,398 | $6,460,014 | No longer tracked |