Photo: Appaloosa Management, CC BY-SA 3.0, via Wikimedia Commons
David Tepper
Appaloosa Management · Opportunistic / distressed Tepper's Appaloosa runs an opportunistic book that rotates aggressively quarter to quarter.
David Tepper is an American billionaire hedge fund manager who founded Appaloosa Management in 1993, a fund known for specializing in distressed debt and special situations. He rose to prominence for investing in the debt and equity of troubled companies, most notably a large and profitable 2009 bet on beaten-down bank stocks, and Carnegie Mellon University's business school is named after him following his substantial donations. Tepper also owns the NFL's Carolina Panthers and MLS's Charlotte FC.
Showing all 27 reported 13(f) positions; TradingPilot links only the 15 matching its curated universe — a licensed CUSIP↔ticker database was not used. Unmapped positions render as plain text, exactly as filed.
Portfolio allocation (reported 13F equity)
Long US-listed equity positions only; options excluded.
- AMZN16.0%
- MU15.1%
- TSM10.5%
- ALPHABET INC8.7%
- UBER TECHNOLOGIES INC7.4%
- ISHARES INC6.6%
- META5.1%
- VST4.7%
- NVDA4.1%
- NRG ENERGY INC3.4%
- Others18.4%
Reported 13F equity value — not a return, not AUM
Long US-listed equity positions only; filed with a ~45-day lag.
| # | Ticker | Security (as filed) | % of 13F | Shares | Reported price | Current | Value | Activity |
|---|---|---|---|---|---|---|---|---|
| 1 | AMZN | AMAZON COM INC | 16.0% | 5,000,000 | $238.34 | $243.79 +2.3% | $1.2B | Added +16% |
| 2 | MU | MICRON TECHNOLOGY INC | 15.1% | 975,000 | $1,154.29 | $934.27 -19.1% | $1.1B | Trimmed −41% |
| 3 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 10.5% | 1,650,000 | $477.57 | $431.81 -9.6% | $788.0M | Added +24% |
| 4 | — | ALPHABET INC | 8.7% | 1,850,000 | $353.33 | — | $653.7M | Added +7% |
| 5 | — | UBER TECHNOLOGIES INC | 7.4% | 7,694,071 | $72.16 | — | $555.2M | Added +21% |
| 6 | — | ISHARES INC | 6.6% | 2,425,000 | $201.90 | — | $489.6M | Added +1% |
| 7 | META | META PLATFORMS INC | 5.1% | 675,000 | $563.29 | $624.52 +10.9% | $380.2M | Added +55% |
| 8 | VST | VISTRA CORP | 4.7% | 2,215,272 | $158.63 | $140.95 -11.1% | $351.4M | Added +10% |
| 9 | NVDA | NVIDIA CORPORATION | 4.1% | 1,525,000 | $200.09 | $213.66 +6.8% | $305.1M | Added +4% |
| 10 | — | NRG ENERGY INC | 3.4% | 1,760,000 | $146.06 | — | $257.1M | Added +1% |
| 11 | BABA | ALIBABA GROUP HLDG LTD | 2.6% | 2,000,000 | $95.98 | $99.54 +3.7% | $192.0M | Trimmed −42% |
| 12 | — | BOEING CO | 2.3% | 800,000 | $216.47 | — | $173.2M | New |
| 13 | LRCX | LAM RESEARCH CORP | 2.2% | 382,500 | $433.33 | $254.39 -41.3% | $165.7M | Held +0% |
| 14 | BIDU | BAIDU INC | 2.0% | 1,295,000 | $114.29 | $78.65 -31.2% | $148.0M | Added +87% |
| 15 | — | AMERICAN AIRLINES GROUP INC | 1.8% | 7,500,000 | $18.07 | — | $135.5M | New |
| 16 | AMD | ADVANCED MICRO DEVICES INC | 1.5% | 197,500 | $580.91 | $566.42 -2.5% | $114.7M | Trimmed −11% |
| 17 | CRWV | COREWEAVE INC | 1.4% | 1,078,248 | $99.54 | $60.74 -39.0% | $107.3M | New |
| 18 | ASML | ASML HLDG NV | 1.3% | 50,000 | $1,989.44 | $1,675.70 -15.8% | $99.5M | Added +1% |
| 19 | AVGO | BROADCOM INC | 0.8% | 150,000 | $377.75 | $345.00 -8.7% | $56.7M | New |
| 20 | QCOM | QUALCOMM INC | 0.6% | 250,000 | $184.79 | $185.41 +0.3% | $46.2M | Trimmed −50% |
| 21 | — | SPACE EXPLORATION TECHN CORP | 0.5% | 225,000 | $170.86 | — | $38.4M | New |
| 22 | — | ENERGY TRANSFER L P | 0.4% | 1,576,125 | $19.12 | — | $30.1M | Held +0% |
| 23 | — | MPLX LP | 0.4% | 502,460 | $56.33 | — | $28.3M | Held +0% |
| 24 | — | WHIRLPOOL CORP | 0.4% | 715,000 | $39.42 | — | $28.2M | Trimmed −63% |
| 25 | — | GOODYEAR TIRE & RUBR CO | 0.1% | 1,508,591 | $6.60 | — | $10.0M | New |
| — | — | BALL CORP | — | 0 | — | — | $0 | Sold-Out −100% |
| — | GLW | CORNING INC | — | 0 | — | — | $0 | Sold-Out −100% |
| — | — | DEUTSCHE BK AG | — | 0 | — | — | $0 | Sold-Out −100% |
| — | — | JD.COM INC | — | 0 | — | — | $0 | Sold-Out −100% |
| — | — | KRANESHARES TRUST | — | 0 | — | — | $0 | Sold-Out −100% |
| — | — | LYFT INC | — | 0 | — | — | $0 | Sold-Out −100% |
| — | MSFT | MICROSOFT CORP | — | 0 | — | — | $0 | Sold-Out −100% |
| — | — | PDD HOLDINGS INC | — | 0 | — | — | $0 | Sold-Out −100% |
| — | SNDK | SANDISK CORP | — | 0 | — | — | $0 | Sold-Out −100% |
| — | AAPL | APPLE INC · Put | — | 835,000 | — | — | $241.6M | New |
| — | — | BERKSHIRE HATHAWAY INC DEL · Put | — | 25,000 | — | — | $12.5M | New |
Reported price = value ÷ shares at the quarter-end — an average, NOT the manager's buy/sell price.
Current shows the stock's price change since the filing quarter-end (mapped names only) — it is the STOCK's move, not the manager's realized return (we don't know their cost basis or whether they still hold).
TradingPilot analysis of the reported 13F equity book
As of 2026Q2, David Tepper's reported 13F book holds 25 equity positions; the top 5 are 58% of it.
- AMAZON COM INC (AMZN) — 16.0% of 13F
- MICRON TECHNOLOGY INC (MU) — 15.1% of 13F
- TAIWAN SEMICONDUCTOR MANUFAC (TSM) — 10.5% of 13F
- ALPHABET INC — 8.7% of 13F
- UBER TECHNOLOGIES INC — 7.4% of 13F
This quarter: 6 new, 11 added, 5 trimmed, 9 sold out.
- LYFT INC — Sold-Out (−2,700,000 sh)
- ALIBABA GROUP HLDG LTD (BABA) — Trimmed (−1,465,000 sh)
- UBER TECHNOLOGIES INC — Added (+1,361,351 sh)
- JD.COM INC — Sold-Out (−1,305,000 sh)
- WHIRLPOOL CORP — Trimmed (−1,235,000 sh)