13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q4 2018. See the latest, Q2 2026 →
Reported value
$2.02B
−64% on the quarter before
Positions
23
4 new · 18 sold out
Top 10
79.5%
of the value
Est. gain
−$555.5M
on stocks held all quarter
Est. return
−24.6%
on those stocks since Q3 2018
Positions as of Dec 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 Q3 2018. Striped tiles are options.
Largest buys
Since Q3 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.
- Alps ETF Tr~$61.7MNew · 0.0% → 3.0%+7,066,871 shares
- Pg&E Corp~$58.8MAdded · 3.2% → 7.6%+2,475,016 shares
- Allstate Corp~$50.2MNew · 0.0% → 2.5%+607,912 shares
- Mr Cooper Group Inc~$47.9MNew · 0.0% → 2.4%+4,105,997 shares
- Energy Transfer Lp~$44.2MAdded · 1.3% → 5.0%+3,348,423 shares
- Wells Fargo Co New~$13.8MNew · 0.0% → 0.7%+300,000 shares
- Vistra~$12.6MAdded · 0.9% → 2.9%+548,998 shares
Largest sells
Since Q3 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.
- Micron~$634.6MCut · 28.6% → 25.1%−20,000,000 shares
- Alibaba~$247.1MSold out · 4.3% → 0.0%−1,500,000 shares
- Meta~$245.8MCut · 9.5% → 9.2%−1,875,000 shares
- Lam Research~$178.2MSold out · 3.1% → 0.0%−1,175,000 shares
- Xpo Logistics Inc~$154.1MSold out · 2.7% → 0.0%−1,349,868 shares
- Allergan Plc~$112.6MCut · 6.7% → 7.6%−842,591 shares
- T Mobile Us Inc~$105.0MCut · 3.3% → 3.3%−1,651,417 shares
- State Str Corp~$99.3MSold out · 1.7% → 0.0%−1,185,823 shares
- Wmih Corp~$87.2MSold out · 1.5% → 0.0%−62,767,086 shares
- NRG Energy~$85.4MCut · 1.7% → 0.9%−2,156,013 shares
Holdings
As of Dec 31, 2018. Changes are in shares against Sep 30, 2018, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MicronCOM · shares −56% · price −29.8% | 25.1% | $507.7M | −$216.0M | ||||||||
| MetaCL A · shares −57% · price −20.3% | 9.2% | $186.8M | −$47.6M | ||||||||
| Allergan PlcSHS · shares −42% · price −29.8% | 7.6% | $153.7M | −$65.3M | ||||||||
| Pg&E CorpCOM · shares +62% · price −48.4% | 7.6% | $153.6M | −$88.8M | ||||||||
| AlphabetCAP STK CL C · shares −27% · price −13.2% | 7.5% | $150.8M | −$23.0M | ||||||||
| Altaba IncCOM · shares −31% · price −14.9% | 6.7% | $135.9M | −$23.9M | ||||||||
| Energy Transfer LpCOM UT LTD PTN · shares +77% · price −24.2% | 5.0% | $102.0M | −$18.5M | ||||||||
| Caesars Entmt CorpCOM · shares −8.6% · price −33.8% | 4.5% | $90.1M | −$45.9M | ||||||||
| T Mobile Us IncCOM · shares −61% · price −9.4% | 3.3% | $66.1M | −$6.8M | ||||||||
| Unitedhealth Group IncCOM · shares −28% · price −6.4% | 3.1% | $62.3M | −$4.2M | ||||||||
| Alps ETF TrALERIAN MLP · shares New | 3.0% | $61.7M | — | ||||||||
| Atlantica Yield PlcSHS · shares −11% · price −4.8% | 2.9% | $58.8M | −$2.9M | ||||||||
| VistraCOM · shares +28% · price −8.0% | 2.9% | $58.0M | −$3.9M | ||||||||
| Allstate CorpCOM · shares New | 2.5% | $50.2M | — | ||||||||
| Mr Cooper Group IncCOM · shares New | 2.4% | $47.9M | — | ||||||||
| Cheniere Energy IncCOM NEW · shares −36% · price −14.8% | 1.7% | $34.7M | −$6.0M | ||||||||
| Caesars Entmt CorpNOTE 5.000%10/0 · shares −50% · price −24.1% | 1.5% | $30.7M | — | ||||||||
| Terraform Pwr IncCOM CL A · shares −12% · price −2.9% | 1.5% | $30.1M | −$884,971 | ||||||||
| NRG EnergyCOM NEW · shares −82% · price +5.9% | 0.90% | $18.3M | +$1.0M | ||||||||
| Wells Fargo Co NewCOM · shares New | 0.68% | $13.8M | — | ||||||||
| Kennametal IncCOM · shares −87% · price −23.6% | 0.32% | $6.5M | −$2.0M | ||||||||
| Platform Specialty Prods CorCOM · shares −89% · price −17.1% | 0.14% | $2.7M | −$566,140 | ||||||||
| Bank Amer CorpCOM · shares −99% · price −16.4% | 0.03% | $616,000 | −$120,501 | ||||||||
| Total · 23 positions | 100% | $2.02B | −$555.5M |
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 2018 to Q4 2018: 18 stocks held throughout, down $555.5M (−24.6%).
- NRG Energy+$1.0M+6%
- Caesars Entmt Corp−$45.9M−34%
- Meta−$47.6M−20%
- Allergan Plc−$65.3M−30%
- Pg&E Corp−$88.8M−48%
- Micron−$216.0M−30%
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 ↗ |