13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q3 2018. See the latest, Q2 2026 →
Reported value
$5.69B
−35% on the quarter before
Positions
37
3 new · 15 sold out
Top 10
69.8%
of the value
Est. gain
−$271.8M
on stocks held all quarter
Est. return
−4.9%
on those stocks since Q2 2018
Positions as of Sep 30, 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 Q2 2018. Striped tiles are options.
Largest buys
Since Q2 2018, 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.
- Pg&E Corp~$101.1MAdded · 0.9% → 3.2%+2,197,066 shares
- State Str Corp~$99.3MNew · 0.0% → 1.7%+1,185,823 shares
- Wmih Corp~$85.4MAdded · 0.0% → 1.5%+61,411,440 shares
- Williams Companies~$28.4MNew · 0.0% → 0.5%+1,044,422 shares
- Apple~$22.6MNew · 0.0% → 0.4%+100,000 shares
- Summit Matls Inc~$7.3MAdded · 0.8% → 1.0%+399,116 shares
- Vistra~$2.8MAdded · 0.5% → 0.9%+112,794 shares
- NRG Energy~$1.7MAdded · 0.9% → 1.7%+44,540 shares
- Boyd Gaming Corp~$37,371Added · 0.5% → 0.8%+1,104 shares
Largest sells
Since Q2 2018, 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.
- Meta~$291.9MCut · 11.2% → 9.5%−1,775,000 shares
- Allergan Plc~$266.2MCut · 6.4% → 6.7%−1,397,409 shares
- Altaba Inc~$206.6MCut · 5.3% → 4.0%−3,032,700 shares
- Micron~$204.8MCut · 24.2% → 28.6%−4,527,800 shares
- Alibaba~$188.3MCut · 5.6% → 4.3%−1,142,974 shares
- Wells Fargo Co New~$180.5MSold out · 2.1% → 0.0%−3,256,261 shares
- Alphabet~$156.3MCut · 4.2% → 4.2%−131,000 shares
- Ally Finl Inc~$126.6MSold out · 1.4% → 0.0%−4,817,993 shares
- Bank Amer Corp~$113.7MCut · 2.3% → 1.8%−3,860,432 shares
- Ubs Group Ag~$105.7MSold out · 1.2% → 0.0%−6,828,480 shares
Holdings
As of Sep 30, 2018. Changes are in shares against Jun 30, 2018, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MicronCOM · shares −11% · price −13.7% | 28.6% | $1.63B | −$259.6M | ||||||||
| MetaCL A · shares −35% · price −15.4% | 9.5% | $542.7M | −$98.5M | ||||||||
| Allergan PlcSHS · shares −41% · price +14.3% | 6.7% | $379.5M | +$47.3M | ||||||||
| AlibabaSPONSORED ADS · shares −43% · price −11.2% | 4.3% | $247.1M | −$31.2M | ||||||||
| AlphabetCAP STK CL C · shares −40% · price +7.0% | 4.2% | $238.7M | +$15.6M | ||||||||
| Altaba IncCOM · shares −47% · price −7.0% | 4.0% | $230.2M | −$17.2M | ||||||||
| T Mobile Us IncCOM · shares −33% · price +17.5% | 3.3% | $188.8M | +$28.1M | ||||||||
| Pg&E CorpCOM · shares +122% · price +8.1% | 3.2% | $183.6M | +$6.2M | ||||||||
| Lam ResearchCOM · shares −15% · price −12.2% | 3.1% | $178.2M | −$24.9M | ||||||||
| Xpo Logistics IncCOM · shares −18% · price +14.0% | 2.7% | $154.1M | +$18.9M | ||||||||
| Caesars Entmt CorpCOM · shares −7.9% · price −4.2% | 2.6% | $148.9M | −$6.5M | ||||||||
| Bank Amer CorpCOM · shares −53% · price +4.5% | 1.8% | $99.7M | +$4.3M | ||||||||
| State Str CorpCOM · shares New | 1.7% | $99.3M | — | ||||||||
| NRG EnergyCOM NEW · shares +1.7% · price +21.8% | 1.7% | $97.9M | +$17.2M | ||||||||
| Unitedhealth Group IncCOM · shares −34% · price +8.4% | 1.6% | $92.8M | +$7.2M | ||||||||
| Wmih CorpCOM · shares +4,530% · price +3.7% | 1.5% | $87.2M | +$67,343 | ||||||||
| Centene Corp DelCOM · shares −43% · price +17.5% | 1.5% | $85.4M | +$12.7M | ||||||||
| Energy Transfer Partners LpUNIT LTD PRT INT · shares −31% · price +16.9% | 1.5% | $85.2M | +$12.3M | ||||||||
| Dollar Gen Corp NewCOM · shares −19% · price +10.9% | 1.4% | $81.6M | +$8.0M | ||||||||
| Caesars Entmt CorpNOTE 5.000%10/0 · shares 0% · price −3.9% | 1.4% | $81.1M | — | ||||||||
| Energy Transfer Equity L PCOM UT LTD PTN · shares −27% · price +1.0% | 1.3% | $76.2M | +$787,093 | ||||||||
| Atlantica Yield PlcSHS · shares −3.2% · price +2.0% | 1.2% | $69.0M | +$1.3M | ||||||||
| Kennametal IncCOM · shares −26% · price +21.3% | 1.1% | $64.6M | +$11.4M | ||||||||
| Cheniere Energy IncCOM NEW · shares −25% · price +6.6% | 1.1% | $63.8M | +$3.9M | ||||||||
| Owens Corning NewCOM · shares −24% · price −14.4% | 1.0% | $58.3M | −$9.8M | ||||||||
| Total · 37 positions | 100% | $5.69B | −$271.8M |
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 Q2 2018 to Q3 2018: 33 stocks held throughout, down $271.8M (−4.9%).
- Allergan Plc+$47.3M+14%
- T Mobile Us Inc+$28.1M+17%
- Xpo Logistics Inc+$18.9M+14%
- NRG Energy+$17.2M+22%
- Alphabet+$15.6M+7%
- Summit Matls Inc−$20.8M−31%
- Lam Research−$24.9M−12%
- Alibaba−$31.2M−11%
- Meta−$98.5M−15%
- Micron−$259.6M−14%
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 ↗ |