Appaloosa Management LP

Representative

David Tepper

Style

Hedge fund

AUM

6.45B

Appaloosa Management, founded in 1993, was established by the renowned "bottom-fisher" David Tepper. The firm focuses on distressed high-yield assets and has topped the "Top-Earning Hedge Fund Managers" list in 2010 and 2014.

Appaloosa Management, founded in 1993, was establi...

13F Summary of Appaloosa Management LP

Update to 2025Q2

Summary

In terms of stock investments, the consumer cyclical sector comprises the largest allocation in the portfolio of Appaloosa Management, L.P., accounting for 30.82%.
The largest capital change in this quarter is estimated to come from UNH with increased holdings.
BABA has been the largest holding for the past 13 quarters, with an investment amount of 12.77% and an estimated unrealized gain/loss of 50% to 55%.
According to Growin's estimation, 89% of the top 20 holdings in this quarter are in a profitable phase, with NVDA showing the highest returns and UNH showing the lowest returns.
(The third and fourth points are estimated based on the most recent close prices.)

Quarter on Quarter

AUM Chg.

20.5%

+$1.07B

2025Q1$5.21B

2025Q2$6.27B

Shares Chg.

16.13%

2025Q131

2025Q236

Chg. of Investment AUM Top5

Ranking	New Buy	Add	Reduce	Sold Out
1	INTC	UNH	PDD	AVGO
2	RTX	NVDA	BABA	LVS
3	IQV	TSM	ORCL	WYNN
4	UAL	MU	META	-
5	WHR	AMZN	VST	-

13F Details of Appaloosa Management LP

Update to 2025Q2

Holdings

Symbol	Company Name	Sector	Weight	Amount	Shares	Chg. of Shares
BABA	Alibaba Group Holding Limited	Consumer Cyclical	12.77%	$801,499,204	7,067,271	-23%
UNH	Unitedhealth Group Incorporated	Healthcare	12.18%	$764,326,500	2,450,000	1300%
AMZN	Amazon.com, Inc.	Consumer Cyclical	9.44%	$592,353,000	2,700,000	8%
VST	Vistra Corp.	Utilities	5.56%	$348,858,000	1,800,000	-22%
NRG	Nrg Energy, Inc.	Utilities	5.07%	$317,948,400	1,980,000	-3%
META	Meta Platforms, Inc.	Communication Services	4.71%	$295,236,000	400,000	-27%
NVDA	Nvidia Corporation	Technology	4.41%	$276,482,500	1,750,000	483%
GOOGL	Alphabet Inc.	Communication Services	4.24%	$266,085,000	1,500,000	-25%
UBER	Uber Technologies, Inc.	Technology	4.09%	$256,575,000	2,750,000	-14%
MSFT	Microsoft Corporation	Technology	3.96%	$248,705,000	500,000	-2%

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Portfolio Historical Statistics

Estimated Cost of Top 20

We use Appaloosa Management LP's 13F reports to calculate the current quarter's unrealized gain for their top 20 holdings. The cost estimation relies on VWAP for each quarter, dating back to 2013.

Buying Cost Estimation