David Tepper
Appaloosa
Founder of Appaloosa, made his name buying distressed debt and banks at the bottom of 2009. Shifts between sectors on macro calls.
13F portfolio value
Q2 2026
$7.47B
1-year growth
+15.9%
2-year growth
+21.0%
Positions
25
Top 10 share
81.6%
Quarterly turnover
16.5%
Last filed
Aug 14, 2026
Source: SEC EDGAR · Photo: Appaloosa Management (CC BY-SA 3.0)
Q2 2026: summary
MakklerAI- Appaloosa reported a $7.5B portfolio with 25 positions, down from 31 last quarter; turnover was 16.5%.
- AMZN rose 15.7% to 16.0% of the portfolio, or $1.2B, remaining the largest holding.
- MU was cut 41.4% but remained a 15.1% holding worth $1.1B; TSM grew 24.3% to 10.5%, or $788M.
- The top 10 holdings made up 81.6% of the portfolio; 12 positions were sold out, including SNDK and GLW.
PROStill at the same price?
A 13F arrives 45 days late. See the estimated buy price of the other 23 positions, the move since, and where each stands against Makkler Fair Value with MakklerPRO.
AMZNAmazon.com, Inc.16.0%+15.7%- Price
- $258.58
- Since est. buy
- +3.0%
- Fair Value gap
- +100%
MUMicron Technology, Inc.15.1%-41.4%- Price
- $953.19
- Since est. buy
- +27.1%
- Fair Value gap
- +16.9%
TSMTaiwan Semiconductor-Sp Adr10.5%+24.3%- Price
- $445.12
- Since est. buy
- Fair Value gap
GOOGAlphabet Inc. Class C8.7%+6.8%- Price
- $349.52
- Since est. buy
- Fair Value gap
UBERUber Technologies, Inc.7.4%+21.5%- Price
- $71.32
- Since est. buy
- Fair Value gap
EWYIshares Msci South Korea Etf6.6%+1.0%- Price
- $166.56
- Since est. buy
- Fair Value gap
METAMeta Platforms Inc Class A5.1%+54.6%- Price
- $762.50
- Since est. buy
- Fair Value gap
VSTVistra Corp.4.7%+9.5%- Price
- $162.36
- Since est. buy
- Fair Value gap
NVDANVIDIA Corporation4.1%+3.6%- Price
- $228.52
- Since est. buy
- Fair Value gap
NRGNRG Energy, Inc.3.4%+1.5%- Price
- $107.18
- Since est. buy
- Fair Value gap
BABAAlibaba Group Holding-Sp Adr2.6%-42.3%- Price
- $110.85
- Since est. buy
- Fair Value gap
BABoeing Company2.3%New- Price
- $186.49
- Since est. buy
- Fair Value gap
LRCXLam Research Corporation2.2%Unchanged- Price
- $301.11
- Since est. buy
- Fair Value gap
BIDUBaidu Inc - Spon Adr2.0%+87.1%- Price
- $83.74
- Since est. buy
- Fair Value gap
AALAmerican Airlines Group Inc.1.8%New- Price
- $12.50
- Since est. buy
- Fair Value gap
AMDAdvanced Micro Devices, Inc.1.5%-10.8%- Price
- $605.53
- Since est. buy
- Fair Value gap
CRWVCoreWeave, Inc. Class A1.4%New- Price
- $77.81
- Since est. buy
- Fair Value gap
- ASAsml Holding N VAsml Holding N V1.3%+1.0%
- Price
- —
- Since est. buy
- Fair Value gap
AVGOBroadcom Inc.0.8%New- Price
- $357.31
- Since est. buy
- Fair Value gap
QCOMQUALCOMM Incorporated0.6%-49.9%- Price
- $176.86
- Since est. buy
- Fair Value gap
SPCXSpace Exploration Technologies Corp0.5%New- Price
- $156.54
- Since est. buy
- Fair Value gap
ETEnergy Transfer LP0.4%Unchanged- Price
- $20.48
- Since est. buy
- Fair Value gap
MPLXMPLX LP0.4%Unchanged- Price
- $56.91
- Since est. buy
- Fair Value gap
WHRWhirlpool Corporation0.4%-63.3%- Price
- $29.26
- Since est. buy
- Fair Value gap
GTGoodyear Tire & Rubber Company0.1%New- Price
- $4.56
- Since est. buy
- Fair Value gap
Values are US dollar amounts as of the filing. The estimated buy price is the quarter's average close; Fair Value is the same model as on Makkler's stock pages.
Option positions
A 13F reports options at the value of the underlying stock; they are left out of portfolio weights.
- AAPL PUT$241.62M
- BRK-B PUT$12.51M
MakklerAI
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Explore this quarter's moves and where each position stands against its estimated buy price and Makkler Fair Value. Answers are based on the 13F and today's prices.