13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q1 2018. See the latest, Q2 2026 →
Reported value
$9.72B
−9.5% on the quarter before
Positions
53
14 new · 11 sold out
Top 10
64.6%
of the value
Est. gain
+$249.0M
on stocks held all quarter
Est. return
+3.4%
on those stocks since Q4 2017
Positions as of Mar 31, 2018, 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 2017. Striped tiles are options.
Largest buys
Since Q4 2017, 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.
- Micron~$412.2MAdded · 10.5% → 19.0%+7,905,000 shares
- Lam Research~$263.2MNew · 0.0% → 2.7%+1,295,586 shares
- Wells Fargo Co New~$154.0MNew · 0.0% → 1.6%+2,937,615 shares
- Ubs Group Ag~$122.5MNew · 0.0% → 1.3%+6,955,399 shares
- Meta~$108.7MAdded · 9.1% → 10.2%+680,559 shares
- Applied Materials~$87.3MNew · 0.0% → 0.9%+1,570,000 shares
- Vaneck Vectors ETF Tr~$76.9MNew · 0.0% → 0.8%+737,000 shares
- Caesars Entmt Corp~$76.4MAdded · 0.7% → 1.5%+6,795,325 shares
- Mgm Resorts International~$61.0MAdded · 0.7% → 1.5%+1,742,738 shares
- Alphabet~$51.7MAdded · 3.5% → 4.3%+50,118 shares
Largest sells
Since Q4 2017, 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.
- Powershares Qqq Trust~$805.1MCut · 8.4% → 1.3%−5,027,775 shares
- Apple~$776.4MSold out · 7.2% → 0.0%−4,587,852 shares
- Ishares Tr~$428.8MSold out · 4.0% → 0.0%−9,100,000 shares
- Select Sector SPDR Tr~$267.4MCut · 2.6% → 0.1%−9,700,000 shares
- Bank Amer Corp~$185.5MCut · 4.7% → 3.4%−6,184,487 shares
- Select Sector SPDR TrCALL~$145.0MSold out · 1.4% → 0.0%−2,007,200 underlying
- United Rentals Inc~$129.3MCut · 1.2% → 0.0%−748,565 shares
- NRG Energy~$92.4MCut · 2.6% → 2.1%−3,025,174 shares
- Comcast Corp New~$79.5MSold out · 0.7% → 0.0%−1,986,078 shares
- SPDR Series TrustCALL~$74.6MSold out · 0.7% → 0.0%−2,007,200 underlying
Holdings
As of Mar 31, 2018. Changes are in shares against Dec 31, 2017, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MicronCOM · shares +29% · price +26.8% | 19.0% | $1.85B | +$303.1M | ||||||||
| MetaCL A · shares +12% · price −9.4% | 10.2% | $992.3M | −$92.2M | ||||||||
| AlibabaSPONSORED ADS · shares −6.2% · price +6.4% | 7.7% | $743.8M | +$45.0M | ||||||||
| Allergan PlcSHS · shares +6.8% · price +2.9% | 6.4% | $622.7M | +$16.3M | ||||||||
| Altaba IncCOM · shares −9.5% · price +6.0% | 6.1% | $593.9M | +$33.6M | ||||||||
| AlphabetCAP STK CL C · shares +14% · price −1.4% | 4.3% | $418.7M | −$5.2M | ||||||||
| Bank Amer CorpCOM · shares −36% · price +1.6% | 3.4% | $328.9M | +$5.2M | ||||||||
| Lam ResearchCOM · shares New | 2.7% | $263.2M | — | ||||||||
| T Mobile Us IncCOM · shares +7.6% · price −3.9% | 2.6% | $253.3M | −$9.5M | ||||||||
| Xpo Logistics IncCOM · shares −3.2% · price +11.2% | 2.2% | $217.2M | +$21.8M | ||||||||
| Ally Finl IncCOM · shares −1.1% · price −6.9% | 2.2% | $215.8M | −$16.0M | ||||||||
| NRG EnergyCOM NEW · shares −31% · price +7.2% | 2.1% | $205.6M | +$13.8M | ||||||||
| Wells Fargo Co NewCOM · shares New | 1.6% | $154.0M | — | ||||||||
| Unitedhealth Group IncCOM · shares +19% · price −2.9% | 1.6% | $151.2M | −$3.8M | ||||||||
| Mgm Resorts InternationalCOM · shares +75% · price +4.9% | 1.5% | $142.5M | +$3.8M | ||||||||
| Caesars Entmt CorpCOM · shares +116% · price −11.1% | 1.5% | $142.4M | −$8.2M | ||||||||
| Centene Corp DelCOM · shares +61% · price +5.9% | 1.3% | $130.8M | +$4.5M | ||||||||
| Powershares Qqq TrustUNIT SER 1 · shares −87% · price +2.8% | 1.3% | $123.7M | +$3.4M | ||||||||
| Thermo Fisher Scientific IncCOM · shares +4.4% · price +8.7% | 1.3% | $123.3M | +$9.5M | ||||||||
| Ubs Group AgSHS · shares New | 1.3% | $122.5M | — | ||||||||
| Owens Corning NewCOM · shares +43% · price −12.6% | 1.2% | $113.9M | −$11.4M | ||||||||
| Dollar Gen Corp NewCOM · shares +47% · price +0.6% | 1.2% | $113.6M | +$444,785 | ||||||||
| Huntsman CorpCOM · shares +42% · price −12.1% | 1.1% | $109.3M | −$10.6M | ||||||||
| Energy Transfer Partners LpUNIT LTD PRT INT · shares −18% · price −9.5% | 1.1% | $108.5M | −$11.4M | ||||||||
| Boston Scientific CorpCOM · shares −18% · price +10.2% | 1.1% | $106.8M | +$9.9M | ||||||||
| Total · 53 positions | 100% | $9.72B | +$249.0M |
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 Q4 2017 to Q1 2018: 38 stocks held throughout, up $249.0M (+3.4%).
- Micron+$303.1M+27%
- Alibaba+$45.0M+6%
- Altaba Inc+$33.6M+6%
- Xpo Logistics Inc+$21.8M+11%
- Allergan Plc+$16.3M+3%
- Kennametal Inc−$11.6M−17%
- Williams Partners L P New−$11.8M−11%
- Energy Transfer Equity L P−$15.4M−18%
- Ally Finl Inc−$16.0M−7%
- Meta−$92.2M−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 ↗ |