David Tepper's portfolio (Appaloosa)
David Tepper founded Appaloosa Management in 1993 and built its reputation buying distressed debt and stocks. He also owns the NFL's Carolina Panthers.
David Tepper's holdings — Q2 2026
sorted by share of reported value · click a column to sort| Stock | % of portfolio | Value | Shares | Change in shares | Q2 2026 |
|---|---|---|---|---|---|
| 15.43% | $1.19B | 5.00M | +680.00K (+15.7%) | Added | |
| 14.57% | $1.13B | 975.00K | -690.00K (-41.4%) | Reduced | |
TSMTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
|
10.20% | $787.99M | 1.65M | +322.50K (+24.3%) | Added |
| 8.46% | $653.66M | 1.85M | +117.30K (+6.8%) | Added | |
| 7.19% | $555.20M | 7.69M | +1.36M (+21.5%) | Added | |
ISHARES INCMSCI STH KOR ETF
|
6.34% | $489.61M | 2.42M | +25.00K (+1.0%) | Added |
| 4.92% | $380.22M | 675.00K | +238.50K (+54.6%) | Added | |
| 4.55% | $351.41M | 2.22M | +192.94K (+9.5%) | Added | |
| 3.95% | $305.14M | 1.52M | +53.50K (+3.6%) | Added | |
| 3.33% | $257.07M | 1.76M | +25.56K (+1.5%) | Added | |
AAPLApplePut
|
3.13% | $241.62M | 835.00K | +835.00K | New |
BABAAlibaba Group Holding Ltd
|
2.48% | $191.96M | 2.00M | -1.47M (-42.3%) | Reduced |
| 2.24% | $173.18M | 800.00K | +800.00K | New | |
| 2.15% | $165.75M | 382.50K | 0 | No change | |
BIDUBaidu, Inc.
|
1.92% | $148.01M | 1.29M | +602.90K (+87.1%) | Added |
| 1.75% | $135.53M | 7.50M | +7.50M | New | |
| 1.49% | $114.73M | 197.50K | -23.90K (-10.8%) | Reduced | |
| 1.39% | $107.33M | 1.08M | +1.08M | New | |
| 1.29% | $99.47M | 50.00K | +500 (+1.0%) | Added | |
| 0.73% | $56.66M | 150.00K | +150.00K | New | |
| 0.60% | $46.20M | 250.00K | -248.61K (-49.9%) | Reduced | |
| 0.50% | $38.44M | 225.00K | +225.00K | New | |
ETEnergy Transfer LP
|
0.39% | $30.14M | 1.58M | 0 | No change |
MPLXMPLX LP
|
0.37% | $28.30M | 502.46K | 0 | No change |
| 0.36% | $28.19M | 715.00K | -1.24M (-63.3%) | Reduced | |
| 0.16% | $12.51M | 25.00K | +25.00K | New | |
GOODYEAR TIRE & RUBR COCOM
|
0.13% | $9.96M | 1.51M | +1.51M | New |
Put and call options are listed by the manager at the market value of the underlying shares, not the price paid for the options, and a put is a bet on a falling price.
What David Tepper bought and sold in Q2 2026
by number of shares, vs. the 13F for Q1 2026New positions (8)
| Stock | Shares | Value | % of portfolio |
|---|---|---|---|
AAPLApplePut
| 835.00K | $241.62M | 3.13% |
| 800.00K | $173.18M | 2.24% | |
| 7.50M | $135.53M | 1.75% | |
| 1.08M | $107.33M | 1.39% | |
| 150.00K | $56.66M | 0.73% | |
| 225.00K | $38.44M | 0.50% | |
| 25.00K | $12.51M | 0.16% | |
GOODYEAR TIRE & RUBR COCOM
| 1.51M | $9.96M | 0.13% |
Sold out (12)
| Stock | Shares sold | Value in Q1 2026 | Was % of portfolio |
|---|---|---|---|
| −281.25K | $178.69M | 3.01% | |
| −1.13M | $153.58M | 2.59% | |
| −900.00K | $91.96M | 1.55% | |
| −198.00K | $68.34M | 1.15% | |
| −342.00K | $65.97M | 1.11% | |
| −837.00K | $49.48M | 0.83% | |
JDJD.com, Inc.
| −1.30M | $38.59M | 0.65% |
| −2.70M | $35.91M | 0.61% | |
| −90.00K | $33.32M | 0.56% | |
KRANESHARES TRUSTCSI CHI INTERNET
| −1.08M | $30.70M | 0.52% |
| −90.00K | $24.35M | 0.41% | |
DEUTSCHE BK AGNAMEN AKT
| −257.62K | $7.67M | 0.13% |
Added to (11)
| Stock | Shares added | Change | % of portfolio |
|---|---|---|---|
| +680.00K | +15.7% | 15.43% | |
TSMTAIWAN SEMICONDUCTOR MANUFACTURING CO LTD
| +322.50K | +24.3% | 10.20% |
| +238.50K | +54.6% | 4.92% | |
| +1.36M | +21.5% | 7.19% | |
BIDUBaidu, Inc.
| +602.90K | +87.1% | 1.92% |
| +117.30K | +6.8% | 8.46% | |
| +192.94K | +9.5% | 4.55% | |
| +53.50K | +3.6% | 3.95% | |
ISHARES INCMSCI STH KOR ETF
| +25.00K | +1.0% | 6.34% |
| +25.56K | +1.5% | 3.33% | |
| +500 | +1.0% | 1.29% |
Reduced (5)
| Stock | Shares sold | Change | % of portfolio |
|---|---|---|---|
| -690.00K | -41.4% | 14.57% | |
BABAAlibaba Group Holding Ltd
| -1.47M | -42.3% | 2.48% |
| -1.24M | -63.3% | 0.36% | |
| -248.61K | -49.9% | 0.60% | |
| -23.90K | -10.8% | 1.49% |
Changes compare share counts in the two filings, so they show net buying or selling over the quarter, not individual trades or prices paid.
Filings behind this page
EDGAR ↗- 13F-HR Q2 2026 · filed Aug 14, 20260001656456-26-000003 ↗
- 13F-HR Q1 2026 · filed May 15, 2026 by APPALOOSA LP0001656456-26-000002 ↗
Frequently asked questions
What is David Tepper's largest holding?
As of June 30, 2026, the largest position in Appaloosa's 13F is Amazon (AMZN), at 15.4% of the reported portfolio and worth $1.19B. The top 10 positions add up to 78.9% of the $7.73B reported.
What did David Tepper buy and sell in Q2 2026?
Compared with Q1 2026, the Q2 2026 13F shows 8 new positions (largest: Apple, Boeing, American Airlines), 11 positions increased, 5 reduced and 12 sold out (largest: Sandisk, Corning, PDD Holdings). Changes are measured in shares between the two quarter-end reports.
How current is this portfolio?
Appaloosa's latest 13F was filed on August 14, 2026 and shows holdings as of June 30, 2026. Managers have 45 days after each quarter ends to file, and the next report is due about 45 days after the following quarter end, so positions can be several months old by the time you read them.
Does the 13F show everything David Tepper owns?
No. Form 13F covers long positions in US-listed stocks, ETFs and listed options. Short positions, cash, bonds, private investments and most shares listed only outside the US are not reported, so the 13F is a partial view of the portfolio.
Source: SEC Form 13F filings (Appaloosa LP, CIK 1656456), as reported by the manager; tickers matched to issuer names by Flash Finance US. Not investment advice.