13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q1 2017. See the latest, Q2 2026 →
Reported value
$6.09B
+7.9% on the quarter before
Positions
53
11 new · 12 sold out
Top 10
55.6%
of the value
Est. gain
+$403.8M
on stocks held all quarter
Est. return
+9.8%
on those stocks since Q4 2016
Positions as of Mar 31, 2017, 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 Q4 2016. Striped tiles are options.
Largest buys
Since Q4 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 TrCALL~$353.6MNew · 0.0% → 5.8%+1,500,000 underlying
- Bank Amer Corp~$207.2MNew · 0.0% → 3.4%+8,782,641 shares
- General Mtrs Co~$183.2MNew · 0.0% → 3.0%+5,181,277 shares
- Southwest Airls Co~$102.0MAdded · 1.1% → 2.7%+1,897,674 shares
- Micron~$99.4MAdded · 1.3% → 3.2%+3,440,000 shares
- Cbs Corp New~$72.4MNew · 0.0% → 1.2%+1,044,381 shares
- Boston Scientific Corp~$69.4MAdded · 0.2% → 1.4%+2,790,000 shares
- Unitedhealth Group Inc~$49.2MNew · 0.0% → 0.8%+300,000 shares
- Symantec Corp~$47.6MNew · 0.0% → 0.8%+1,550,000 shares
- Charter Communications Inc N~$42.5MNew · 0.0% → 0.7%+129,784 shares
Largest sells
Since Q4 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~$316.4MCut · 15.9% → 11.5%−1,324,285 shares
- SPDR S&P 500 ETF TrPUT~$223.5MSold out · 4.0% → 0.0%−1,000,000 underlying
- Citizens Finl Group Inc~$100.8MSold out · 1.8% → 0.0%−2,829,750 shares
- Teva Pharmaceutical Inds Ltd~$92.4MCut · 3.2% → 1.1%−2,878,000 shares
- Qualcomm~$91.3MSold out · 1.6% → 0.0%−1,400,000 shares
- Tempur Sealy Intl Inc~$79.2MSold out · 1.4% → 0.0%−1,160,199 shares
- Comerica Inc~$78.5MSold out · 1.4% → 0.0%−1,151,993 shares
- Pfizer Inc~$61.2MCut · 2.8% → 1.7%−1,789,000 shares
- American Airls Group Inc~$60.4MSold out · 1.1% → 0.0%−1,293,367 shares
- Allstate Corp~$60.2MCut · 3.4% → 2.5%−738,631 shares
Holdings
As of Mar 31, 2017. Changes are in shares against Dec 31, 2016, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Allergan PlcSHS · shares −31% · price +13.8% | 11.5% | $701.7M | +$84.9M | ||||||||
| Energy Transfer Prtnrs L PUNIT LTD PARTN · shares 0% · price +2.0% | 7.2% | $436.8M | +$8.5M | ||||||||
| Williams Partners L P NewCOM UNIT LTD PAR · shares +5.1% · price +7.4% | 6.7% | $406.9M | +$26.6M | ||||||||
| AlphabetCAP STK CL C · shares −1.7% · price +7.5% | 6.5% | $394.0M | +$27.4M | ||||||||
| SPDR S&P 500 ETF TrCALLTR UNIT · shares New | 5.8% | $353.6M | — | ||||||||
| MetaCL A · shares −13% · price +23.5% | 4.5% | $270.9M | +$51.5M | ||||||||
| Pnc Finl Svcs Group IncCOM · shares 0% · price +2.8% | 3.9% | $234.6M | +$6.4M | ||||||||
| Bank Amer CorpCOM · shares New | 3.4% | $207.2M | — | ||||||||
| MicronCOM · shares +106% · price +31.8% | 3.2% | $193.3M | +$22.7M | ||||||||
| General Mtrs CoCOM · shares New | 3.0% | $183.2M | — | ||||||||
| Southwest Airls CoCOM · shares +159% · price +7.9% | 2.7% | $166.0M | +$4.7M | ||||||||
| Owens Corning NewCOM · shares −3.9% · price +19.0% | 2.6% | $160.2M | +$25.6M | ||||||||
| Allstate CorpCOM · shares −28% · price +9.9% | 2.5% | $151.3M | +$13.7M | ||||||||
| Huntsman CorpCOM · shares −2.6% · price +28.6% | 2.2% | $136.6M | +$30.4M | ||||||||
| Mohawk Inds IncCOM · shares −11% · price +14.9% | 2.1% | $129.3M | +$16.8M | ||||||||
| Regions Finl Corp NewCOM · shares +20% · price +1.2% | 2.1% | $128.0M | +$1.2M | ||||||||
| Kinder MorganCOM · shares +30% · price +5.0% | 1.9% | $114.5M | +$4.2M | ||||||||
| Atlantica Yield PlcSHS · shares −11% · price +8.3% | 1.8% | $108.8M | +$8.4M | ||||||||
| Terraform Pwr IncCL A COM · shares 0% · price −3.4% | 1.8% | $107.7M | −$3.8M | ||||||||
| Western DigitalCOM · shares +16% · price +21.5% | 1.8% | $107.3M | +$16.3M | ||||||||
| Pfizer IncCOM · shares −37% · price +5.3% | 1.7% | $103.3M | +$5.2M | ||||||||
| Yahoo IncCOM · shares +63% · price +20.0% | 1.7% | $102.1M | +$10.4M | ||||||||
| United Rentals IncCOM · shares +7.0% · price +18.4% | 1.4% | $87.9M | +$12.8M | ||||||||
| Centene Corp DelCOM · shares +50% · price +26.1% | 1.4% | $83.7M | +$11.6M | ||||||||
| Boston Scientific CorpCOM · shares +507% · price +15.0% | 1.4% | $83.1M | +$1.8M | ||||||||
| Total · 53 positions | 100% | $6.09B | +$403.8M |
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 Q4 2016 to Q1 2017: 42 stocks held throughout, up $403.8M (+9.8%).
- Allergan Plc+$84.9M+14%
- Meta+$51.5M+23%
- Huntsman Corp+$30.4M+29%
- Alphabet+$27.4M+7%
- Williams Partners L P New+$26.6M+7%
- Delta Air Lines Inc Del−$768,684−7%
- Hain Celestial Group Inc−$1.4M−5%
- Terraform Pwr Inc−$3.8M−3%
- Whirlpool Corp−$5.0M−6%
- Teva Pharmaceutical Inds Ltd−$9.0M−11%
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 ↗ |