13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q1 2019. See the latest, Q2 2026 →
Reported value
$3.49B
+72% on the quarter before
Positions
24
9 new · 8 sold out
Top 10
85.6%
of the value
Est. gain
+$298.8M
on stocks held all quarter
Est. return
+16.9%
on those stocks since Q4 2018
Positions as of Mar 31, 2019, 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 2018. Striped tiles are options.
Largest buys
Since Q4 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~$296.1MAdded · 7.6% → 11.8%+16,632,951 shares
- Amazon~$293.8MNew · 0.0% → 8.4%+165,000 shares
- Allergan Plc~$290.5MAdded · 7.6% → 13.2%+1,983,864 shares
- Micron~$134.3MAdded · 25.1% → 22.8%+3,250,000 shares
- Alibaba~$127.7MNew · 0.0% → 3.7%+700,000 shares
- Meta~$95.8MAdded · 9.2% → 9.6%+575,000 shares
- AlibabaCALL~$54.7MNew · 0.0% → 1.6%+300,000 underlying
- Salesforce~$31.7MNew · 0.0% → 0.9%+200,000 shares
- Adobe~$26.6MNew · 0.0% → 0.8%+100,000 shares
- Clearway Energy Inc~$12.8MNew · 0.0% → 0.4%+850,000 shares
Largest sells
Since Q4 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.
- Atlantica Yield Plc~$58.8MSold out · 2.9% → 0.0%−2,997,642 shares
- Allstate Corp~$50.2MSold out · 2.5% → 0.0%−607,912 shares
- Terraform Pwr Inc~$30.1MSold out · 1.5% → 0.0%−2,681,843 shares
- NRG Energy~$18.3MSold out · 0.9% → 0.0%−460,969 shares
- Energy Transfer Lp~$15.7MCut · 5.0% → 3.0%−1,022,901 shares
- Mr Cooper Group Inc~$14.3MCut · 2.4% → 0.7%−1,495,997 shares
- Wells Fargo Co New~$13.8MSold out · 0.7% → 0.0%−300,000 shares
- T Mobile Us Inc~$9.6MCut · 3.3% → 1.8%−139,162 shares
- Vistra~$7.1MCut · 2.9% → 1.7%−271,773 shares
- Kennametal Inc~$6.5MSold out · 0.3% → 0.0%−195,709 shares
Holdings
As of Mar 31, 2019. Changes are in shares against Dec 31, 2018, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| MicronCOM · shares +20% · price +30.3% | 22.8% | $795.6M | +$153.6M | ||||||||
| Allergan PlcSHS · shares +173% · price +9.5% | 13.2% | $458.8M | +$14.7M | ||||||||
| Pg&E CorpCOM · shares +257% · price −25.1% | 11.8% | $411.2M | −$38.5M | ||||||||
| MetaCL A · shares +40% · price +27.2% | 9.6% | $333.4M | +$50.7M | ||||||||
| AmazonCOM · shares New | 8.4% | $293.8M | — | ||||||||
| Altaba IncCOM · shares +0.2% · price +27.9% | 5.0% | $174.2M | +$37.9M | ||||||||
| AlphabetCAP STK CL C · shares −0.4% · price +13.3% | 4.9% | $170.1M | +$20.0M | ||||||||
| AlibabaSPONSORED ADS · shares New | 3.7% | $127.7M | — | ||||||||
| Caesars Entmt CorpCOM · shares +3.6% · price +28.0% | 3.4% | $119.5M | +$25.2M | ||||||||
| Energy Transfer LpCOM UT LTD PTN · shares −13% · price +16.4% | 3.0% | $102.9M | +$14.5M | ||||||||
| Alps ETF TrALERIAN MLP · shares +6.1% · price +14.9% | 2.2% | $75.2M | +$9.2M | ||||||||
| T Mobile Us IncCOM · shares −13% · price +8.6% | 1.8% | $62.2M | +$4.9M | ||||||||
| Unitedhealth Group IncCOM · shares 0% · price −0.7% | 1.8% | $61.8M | −$465,000 | ||||||||
| VistraCOM · shares −11% · price +13.7% | 1.7% | $58.9M | +$7.1M | ||||||||
| AlibabaCALLSPONSORED ADS · shares New | 1.6% | $54.7M | — | ||||||||
| Cheniere Energy IncCOM NEW · shares 0% · price +15.5% | 1.1% | $40.1M | +$5.4M | ||||||||
| Caesars Entmt CorpNOTE 5.000%10/0 · shares 0% · price +15.3% | 1.0% | $35.4M | — | ||||||||
| SalesforceCOM · shares New | 0.91% | $31.7M | — | ||||||||
| AdobeCOM · shares New | 0.76% | $26.6M | — | ||||||||
| Mr Cooper Group IncCOM · shares −36% · price −17.8% | 0.72% | $25.0M | −$5.4M | ||||||||
| Clearway Energy IncCL C · shares New | 0.37% | $12.8M | — | ||||||||
| Select Sector SPDR TrENERGY · shares New | 0.19% | $6.6M | — | ||||||||
| SPDR Series TrustS&P OILGAS EXP · shares New | 0.18% | $6.1M | — | ||||||||
| Clearway Energy IncCL A · shares New | 0.10% | $3.6M | — | ||||||||
| Total · 24 positions | 100% | $3.49B | +$298.8M |
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 2018 to Q1 2019: 14 stocks held throughout, up $298.8M (+16.9%).
- Micron+$153.6M+30%
- Meta+$50.7M+27%
- Altaba Inc+$37.9M+28%
- Caesars Entmt Corp+$25.2M+28%
- Alphabet+$20.0M+13%
- Unitedhealth Group Inc−$465,000−1%
- Mr Cooper Group Inc−$5.4M−18%
- Pg&E Corp−$38.5M−25%
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 ↗ |