Appaloosa David Tepper
Holdings as of the end of Q3 2025, reported in its 13F filing on Nov 13, 2025; changes vs Q2 2025. Source
Reported value
$7.4B
at quarter-end prices
Positions
45
top 10 are 58% of it
Bought · Q3 2025
16
10 new, 6 added 20%+
Sold · Q3 2025
8
3 sold out, 5 cut 20%+
Holdings 45
| # | Stock | Company | Shares | Value | Of portfolio | Shares vs Q2 2025 |
|---|---|---|---|---|---|---|
| 1 | BABA | ALIBABA GROUP HLDG LTD | 6,450,000 | $1.2B | 15.6% | -9% |
| 2 | AMZN | AMAZON COM INC | 2,500,000 | $548.9M | 7.4% | -7% |
| 3 | WHR | WHIRLPOOL CORP | 5,500,000 | $432.3M | 5.9% | +1967% |
| 4 | NVDA | NVIDIA CORPORATION | 1,900,000 | $354.5M | 4.8% | +9% |
| 5 | GOOG | ALPHABET INC | 1,387,500 | $337.9M | 4.6% | -7% |
| 6 | KWEB | KRANESHARES TRUST | 7,400,000 | $310.9M | 4.2% | +85% |
| 7 | NRG | NRG ENERGY INC | 1,870,000 | $302.8M | 4.1% | -6% |
| 8 | TSM | TAIWAN SEMICONDUCTOR MFG LTD | 1,060,000 | $296M | 4.0% | +3% |
| 9 | META | META PLATFORMS INC | 370,000 | $271.7M | 3.7% | -7% |
| 10 | VST | VISTRA CORP | 1,245,000 | $243.9M | 3.3% | -31% |
| 11 | MSFT | MICROSOFT CORP | 462,500 | $239.6M | 3.2% | -7% |
| 12 | PDD | PDD HOLDINGS INC | 1,800,000 | $237.9M | 3.2% | -10% |
| 13 | UBER | UBER TECHNOLOGIES INC | 2,406,983 | $235.8M | 3.2% | -12% |
| 14 | JD | JD.COM INC | 6,225,000 | $217.8M | 2.9% | -11% |
| 15 | QCOM | QUALCOMM INC | 1,245,000 | $207.1M | 2.8% | +256% |
| 16 | AMD | ADVANCED MICRO DEVICES INC | 950,000 | $153.7M | 2.1% | new |
| 17 | BIDU | BAIDU INC | 1,045,000 | $137.7M | 1.9% | +67% |
| 18 | — | DEUTSCHE BANK A G | 3,790,000 | $134.2M | 1.8% | -5% |
| 19 | GLW | CORNING INC | 1,625,000 | $133.3M | 1.8% | -7% |
| 20 | LYFT | LYFT INC | 5,600,000 | $123.3M | 1.7% | -30% |
| 21 | FISV | FISERV INC | 925,000 | $119.3M | 1.6% | new |
| 22 | AAL | AMERICAN AIRLS GROUP INC | 9,250,000 | $104M | 1.4% | new |
| 23 | LHX | L3HARRIS TECHNOLOGIES INC | 300,000 | $91.6M | 1.2% | -14% |
| 24 | RTX | RTX CORPORATION | 509,500 | $85.3M | 1.2% | -13% |
| 25 | ET | ENERGY TRANSFER L P | 4,957,235 | $85.1M | 1.2% | — |
| 26 | MU | MICRON TECHNOLOGY INC | 500,000 | $83.7M | 1.1% | -39% |
| 27 | UNH | UNITEDHEALTH GROUP INC | 203,500 | $70.3M | 0.95% | -92% |
| 28 | TFC | TRUIST FINL CORP | 1,387,500 | $63.4M | 0.86% | new |
| 29 | — | ASML HOLDING N V | 64,000 | $62M | 0.84% | -9% |
| 30 | CZR | CAESARS ENTERTAINMENT INC NE | 2,100,000 | $56.8M | 0.77% | — |
| 31 | IQV | IQVIA HLDGS INC | 285,000 | $54.1M | 0.73% | -5% |
| 32 | LRCX | LAM RESEARCH CORP | 370,000 | $49.5M | 0.67% | -7% |
| 33 | FXI | ISHARES TR | 1,110,000 | $45.7M | 0.62% | +11% |
| 34 | UAL | UNITED AIRLS HLDGS INC | 462,500 | $44.6M | 0.60% | -16% |
| 35 | GT | GOODYEAR TIRE & RUBR CO | 5,140,000 | $38.4M | 0.52% | +496% |
| 36 | KEY | KEYCORP | 2,020,000 | $37.8M | 0.51% | new |
| 37 | CFG | CITIZENS FINL GROUP INC | 600,000 | $31.9M | 0.43% | new |
| 38 | CMA | COMERICA INC | 462,500 | $31.7M | 0.43% | new |
| 39 | XYZ | BLOCK INC | 370,000 | $26.7M | 0.36% | -42% |
| 40 | MPLX | MPLX LP | 535,000 | $26.7M | 0.36% | -8% |
| 41 | DAL | DELTA AIR LINES INC DEL | 462,500 | $26.2M | 0.36% | -16% |
| 42 | OC | OWENS CORNING NEW | 161,500 | $22.8M | 0.31% | new |
| 43 | MHK | MOHAWK INDS INC | 161,500 | $20.8M | 0.28% | +148% |
| 44 | WAL | WESTERN ALLIANCE BANCORP | 195,000 | $16.9M | 0.23% | new |
| 45 | ZION | ZIONS BANCORPORATION N A | 285,000 | $16.1M | 0.22% | new |
Sold out in Q3 2025 3
13F filings list US-listed long positions (stocks and ADRs) at the quarter's end: no shorts, cash, bonds or foreign shares; options and principal amounts are left out here. Trades made after the quarter ended don't show until the next filing. Changes compare share counts with the quarter before (splits can show as adds). Not investment advice.