13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q4 2016. See the latest, Q2 2026 →
Reported value
$5.64B
+28% on the quarter before
Positions
54
21 new · 9 sold out
Top 10
58.4%
of the value
Est. gain
+$29.0M
on stocks held all quarter
Est. return
+0.9%
on those stocks since Q3 2016
Positions as of Dec 31, 2016, from Appaloosa's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
Each tile is a position, sized by its share, colored by what the fund did with it since Q3 2016. Striped tiles are options.
Largest buys
Since Q3 2016, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Allergan Plc~$639.1MAdded · 6.4% → 15.9%+3,043,097 shares
- Teva Pharmaceutical Inds Ltd~$183.2MNew · 0.0% → 3.2%+5,053,000 shares
- Pnc Finl Svcs Group Inc~$156.6MAdded · 1.3% → 4.0%+1,338,528 shares
- Pfizer Inc~$156.2MNew · 0.0% → 2.8%+4,810,000 shares
- Mylan N V~$124.9MNew · 0.0% → 2.2%+3,275,000 shares
- Regions Finl Corp New~$105.4MNew · 0.0% → 1.9%+7,340,137 shares
- Meta~$80.3MAdded · 4.3% → 4.5%+697,742 shares
- Comerica Inc~$78.5MNew · 0.0% → 1.4%+1,151,993 shares
- Micron~$71.2MNew · 0.0% → 1.3%+3,250,000 shares
- United Rentals Inc~$69.4MNew · 0.0% → 1.2%+656,862 shares
Largest sells
Since Q3 2016, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- SPDR S&P 500 ETF TrPUT~$335.3MCut · 12.3% → 4.0%−1,500,000 underlying
- Synchrony Finl~$116.6MSold out · 2.6% → 0.0%−4,164,671 shares
- Whirlpool Corp~$107.6MCut · 4.3% → 1.8%−591,858 shares
- Hd Supply Hldgs Inc~$90.2MSold out · 2.0% → 0.0%−2,821,662 shares
- Bank Amer Corp~$64.7MSold out · 1.5% → 0.0%−4,135,303 shares
- Apple~$40.5MCut · 2.1% → 0.9%−350,000 shares
- Allstate Corp~$38.9MCut · 4.9% → 3.4%−524,989 shares
- Vmware Inc~$28.0MSold out · 0.6% → 0.0%−382,276 shares
- Goodyear Tire & Rubr Co~$19.2MCut · 0.6% → 0.1%−622,125 shares
- Yahoo Inc~$17.4MCut · 1.8% → 0.9%−450,000 shares
Holdings
As of Dec 31, 2016. Changes are in shares against Sep 30, 2016, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Allergan PlcSHS · shares +250% · price −8.8% | 15.9% | $894.9M | −$24.7M | ||||||||
| Energy Transfer Prtnrs L PUNIT LTD PARTN · shares +3.0% · price −3.2% | 7.6% | $428.4M | −$13.8M | ||||||||
| AlphabetCAP STK CL C · shares +2.3% · price −0.7% | 6.6% | $372.8M | −$2.6M | ||||||||
| Williams Partners L P NewCOM UNIT LTD PAR · shares +2.4% · price +2.3% | 6.4% | $360.8M | +$7.8M | ||||||||
| MetaCL A · shares +47% · price −10.3% | 4.5% | $251.1M | −$19.6M | ||||||||
| Pnc Finl Svcs Group IncCOM · shares +219% · price +29.8% | 4.0% | $228.2M | +$16.5M | ||||||||
| SPDR S&P 500 ETF TrPUTTR UNIT · shares −60% | 4.0% | $223.5M | — | ||||||||
| Allstate CorpCOM · shares −17% · price +7.1% | 3.4% | $192.3M | +$12.8M | ||||||||
| Teva Pharmaceutical Inds LtdADR · shares New | 3.2% | $183.2M | — | ||||||||
| Pfizer IncCOM · shares New | 2.8% | $156.2M | — | ||||||||
| Owens Corning NewCOM · shares −8.0% · price −3.4% | 2.5% | $140.1M | −$5.0M | ||||||||
| Mohawk Inds IncCOM · shares +9.4% · price −0.3% | 2.2% | $126.2M | −$381,326 | ||||||||
| Mylan N VSHS EURO · shares New | 2.2% | $124.9M | — | ||||||||
| Atlantica Yield PlcSHS · shares −3.1% · price +1.8% | 2.0% | $112.6M | +$2.0M | ||||||||
| Terraform Pwr IncCL A COM · shares 0% · price −7.9% | 2.0% | $111.6M | −$9.6M | ||||||||
| Huntsman CorpCOM · shares −9.9% · price +17.3% | 1.9% | $109.0M | +$16.1M | ||||||||
| Regions Finl Corp NewCOM · shares New | 1.9% | $105.4M | — | ||||||||
| Whirlpool CorpCOM · shares −51% · price +12.1% | 1.8% | $103.1M | +$11.1M | ||||||||
| Citizens Finl Group IncCOM · shares +9.7% · price +44.2% | 1.8% | $100.8M | +$28.2M | ||||||||
| QualcommCOM · shares +56% · price −4.8% | 1.6% | $91.3M | −$3.0M | ||||||||
| Hca Holdings IncCOM · shares −7.4% · price −2.1% | 1.5% | $84.8M | −$1.8M | ||||||||
| Kinder MorganCOM · shares +11% · price −10.5% | 1.5% | $84.1M | −$8.8M | ||||||||
| Tempur Sealy Intl IncCOM · shares −2.3% · price +20.3% | 1.4% | $79.2M | +$13.4M | ||||||||
| Comerica IncCOM · shares New | 1.4% | $78.5M | — | ||||||||
| Western DigitalCOM · shares −2.6% · price +16.2% | 1.3% | $76.1M | +$10.6M | ||||||||
| Total · 54 positions | 100% | $5.64B | +$29.0M |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2016 to Q4 2016: 32 stocks held throughout, up $29.0M (+0.9%).
- Citizens Finl Group Inc+$28.2M+44%
- Pnc Finl Svcs Group Inc+$16.5M+30%
- Huntsman Corp+$16.1M+17%
- Tempur Sealy Intl Inc+$13.4M+20%
- Allstate Corp+$12.8M+7%
- Kinder Morgan−$8.8M−10%
- Terraform Pwr Inc−$9.6M−8%
- Energy Transfer Prtnrs L P−$13.8M−3%
- Meta−$19.6M−10%
- Allergan Plc−$24.7M−9%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $7.73B+30% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $5.93B−14% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $6.93B−6% | SEC ↗ |
| Q3 2025 | Nov 13, 2025 | $7.38B+14% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $6.45B−23% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $8.38B+30% | SEC ↗ |
| Q4 2024 | Feb 10, 2025 | $6.46B−4% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $6.73B+9% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $6.18B−9% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $6.75B+17% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $5.79B+14% | SEC ↗ |
| Q3 2023 | Nov 14, 2023 | $5.07B−6% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $5.39B+185% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $1.89B+40% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $1.35B−1% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $1.36B−15% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $1.59B−36% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $2.50B−36% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $3.89B−7% | SEC ↗ |
| Q3 2021 | Nov 15, 2021 | $4.20B−13% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $4.83B−31% | SEC ↗ |
| Q1 2021 | May 17, 2021 | $6.96B+4% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $6.69B+18% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 | $5.66B−2% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $5.76B+76% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $3.27B−18% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $3.98B+17% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $3.41B−63% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $9.26B+165% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $3.49B+72% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $2.02B−64% | SEC ↗ |
| Q3 2018 | Nov 14, 2018 | $5.69B−35% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $8.78B−10% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $9.72B−9% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $10.73B+51% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $7.12B+6% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $6.74B+11% | SEC ↗ |
| Q1 2017 | May 12, 2017 | $6.09B+8% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $5.64B+28% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $4.40B+16% | SEC ↗ |
| Q2 2016 | Aug 12, 2016 | $3.80B−33% | SEC ↗ |
| Q1 2016 | May 13, 2016 | $5.66B | SEC ↗ |