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.
显示全部 27 个申报的 13(f) 持仓；TradingPilot 只为其中 15 个与其整理过的公司库匹配的持仓建立链接——并未使用需付费授权的 CUSIP↔代码对照库。未匹配的持仓按申报原样以纯文本呈现。
组合配置（申报的 13F 股票）
仅含在美国上市的多头股票持仓；不含期权。
- 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%
申报的 13F 股票市值——这不是回报，也不是管理规模
仅含在美国上市的多头股票持仓；申报有约 45 天的延迟。
| # | 代码 | 证券名称（申报原文） | 占 13F 比例 | 股数 | 申报均价 | 当前 | 金额 | 变动 |
|---|---|---|---|---|---|---|---|---|
| 1 | AMZN | AMAZON COM INC | 16.0% | 5,000,000 | $238.34 | $245.63 +3.1% | $1.2B | 加仓 +16% |
| 2 | MU | MICRON TECHNOLOGY INC | 15.1% | 975,000 | $1,154.29 | $833.59 -27.8% | $1.1B | 减仓 −41% |
| 3 | TSM | TAIWAN SEMICONDUCTOR MANUFAC | 10.5% | 1,650,000 | $477.57 | $398.63 -16.5% | $788.0M | 加仓 +24% |
| 4 | — | ALPHABET INC | 8.7% | 1,850,000 | $353.33 | — | $653.7M | 加仓 +7% |
| 5 | — | UBER TECHNOLOGIES INC | 7.4% | 7,694,071 | $72.16 | — | $555.2M | 加仓 +21% |
| 6 | — | ISHARES INC | 6.6% | 2,425,000 | $201.90 | — | $489.6M | 加仓 +1% |
| 7 | META | META PLATFORMS INC | 5.1% | 675,000 | $563.29 | $606.73 +7.7% | $380.2M | 加仓 +55% |
| 8 | VST | VISTRA CORP | 4.7% | 2,215,272 | $158.63 | $134.61 -15.1% | $351.4M | 加仓 +10% |
| 9 | NVDA | NVIDIA CORPORATION | 4.1% | 1,525,000 | $200.09 | $202.06 +1.0% | $305.1M | 加仓 +4% |
| 10 | — | NRG ENERGY INC | 3.4% | 1,760,000 | $146.06 | — | $257.1M | 加仓 +1% |
| 11 | BABA | ALIBABA GROUP HLDG LTD | 2.6% | 2,000,000 | $95.98 | $101.50 +5.8% | $192.0M | 减仓 −42% |
| 12 | — | BOEING CO | 2.3% | 800,000 | $216.47 | — | $173.2M | 新建仓 |
| 13 | LRCX | LAM RESEARCH CORP | 2.2% | 382,500 | $433.33 | $227.56 -47.5% | $165.7M | 维持 +0% |
| 14 | BIDU | BAIDU INC | 2.0% | 1,295,000 | $114.29 | $76.90 -32.7% | $148.0M | 加仓 +87% |
| 15 | — | AMERICAN AIRLINES GROUP INC | 1.8% | 7,500,000 | $18.07 | — | $135.5M | 新建仓 |
| 16 | AMD | ADVANCED MICRO DEVICES INC | 1.5% | 197,500 | $580.91 | $466.84 -19.6% | $114.7M | 减仓 −11% |
| 17 | CRWV | COREWEAVE INC | 1.4% | 1,078,248 | $99.54 | $50.15 -49.6% | $107.3M | 新建仓 |
| 18 | ASML | ASML HLDG NV | 1.3% | 50,000 | $1,989.44 | $1,526.14 -23.3% | $99.5M | 加仓 +1% |
| 19 | AVGO | BROADCOM INC | 0.8% | 150,000 | $377.75 | $322.23 -14.7% | $56.7M | 新建仓 |
| 20 | QCOM | QUALCOMM INC | 0.6% | 250,000 | $184.79 | $162.08 -12.3% | $46.2M | 减仓 −50% |
| 21 | — | SPACE EXPLORATION TECHN CORP | 0.5% | 225,000 | $170.86 | — | $38.4M | 新建仓 |
| 22 | — | ENERGY TRANSFER L P | 0.4% | 1,576,125 | $19.12 | — | $30.1M | 维持 +0% |
| 23 | — | MPLX LP | 0.4% | 502,460 | $56.33 | — | $28.3M | 维持 +0% |
| 24 | — | WHIRLPOOL CORP | 0.4% | 715,000 | $39.42 | — | $28.2M | 减仓 −63% |
| 25 | — | GOODYEAR TIRE & RUBR CO | 0.1% | 1,508,591 | $6.60 | — | $10.0M | 新建仓 |
| — | — | BALL CORP | — | 0 | — | — | $0 | 已清仓 −100% |
| — | GLW | CORNING INC | — | 0 | — | — | $0 | 已清仓 −100% |
| — | — | DEUTSCHE BK AG | — | 0 | — | — | $0 | 已清仓 −100% |
| — | — | JD.COM INC | — | 0 | — | — | $0 | 已清仓 −100% |
| — | — | KRANESHARES TRUST | — | 0 | — | — | $0 | 已清仓 −100% |
| — | — | LYFT INC | — | 0 | — | — | $0 | 已清仓 −100% |
| — | MSFT | MICROSOFT CORP | — | 0 | — | — | $0 | 已清仓 −100% |
| — | — | PDD HOLDINGS INC | — | 0 | — | — | $0 | 已清仓 −100% |
| — | SNDK | SANDISK CORP | — | 0 | — | — | $0 | 已清仓 −100% |
| — | AAPL | APPLE INC · 看跌 | — | 835,000 | — | — | $241.6M | 新建仓 |
| — | — | BERKSHIRE HATHAWAY INC DEL · 看跌 | — | 25,000 | — | — | $12.5M | 新建仓 |
申报均价 = 季末的金额 ÷ 股数——这是一个平均值，并非管理人的买入或卖出价。
“当前”显示的是自申报季末以来该股票的价格变动（仅限已匹配的名字）——这是股票本身的涨跌，不是管理人的已实现收益（我们并不知道他们的成本，也不知道他们是否仍持有）。
TradingPilot 对其申报 13F 股票组合的分析
截至 2026Q2，David Tepper 申报的 13F 组合持有 25 个股票持仓；其中最大的 5 个占其 58%。
- AMAZON COM INC (AMZN) — 占 13F 的 16.0%
- MICRON TECHNOLOGY INC (MU) — 占 13F 的 15.1%
- TAIWAN SEMICONDUCTOR MANUFAC (TSM) — 占 13F 的 10.5%
- ALPHABET INC — 占 13F 的 8.7%
- UBER TECHNOLOGIES INC — 占 13F 的 7.4%
本季度：新建 6 个，加仓 11 个，减仓 5 个，清仓 9 个。
- LYFT INC — 已清仓 (−2,700,000 股)
- ALIBABA GROUP HLDG LTD (BABA) — 减仓 (−1,465,000 股)
- UBER TECHNOLOGIES INC — 加仓 (+1,361,351 股)
- JD.COM INC — 已清仓 (−1,305,000 股)
- WHIRLPOOL CORP — 减仓 (−1,235,000 股)