13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q2 2020. See the latest, Q2 2026 →
Reported value
$5.76B
+76% on the quarter before
Positions
37
13 new · 7 sold out
Top 10
72.7%
of the value
Est. gain
+$717.5M
on stocks held all quarter
Est. return
+25.4%
on those stocks since Q1 2020
Positions as of Jun 30, 2020, 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 Q1 2020. Striped tiles are options.
Largest buys
Since Q1 2020, 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.
- T-Mobile Us Inc~$534.3MAdded · 2.0% → 10.7%+5,130,000 shares
- AT&T~$274.4MNew · 0.0% → 4.8%+9,077,200 shares
- Alibaba~$239.4MAdded · 13.5% → 12.6%+1,110,000 shares
- Visa Inc.~$162.3MNew · 0.0% → 2.8%+840,000 shares
- Mastercard~$161.2MNew · 0.0% → 2.8%+545,000 shares
- PayPal~$151.6MNew · 0.0% → 2.6%+870,000 shares
- Walt Disney Company (The)~$133.8MNew · 0.0% → 2.3%+1,200,000 shares
- Sysco Corp~$102.5MNew · 0.0% → 1.8%+1,875,000 shares
- Emerson Electric~$86.8MNew · 0.0% → 1.5%+1,400,000 shares
- Hca Healthcare Inc~$74.3MAdded · 0.8% → 1.8%+765,000 shares
Largest sells
Since Q1 2020, 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~$123.1MSold out · 3.8% → 0.0%−695,000 shares
- Amazon~$69.0MCut · 14.9% → 10.8%−25,000 shares
- Sprint Corporation~$55.0MSold out · 1.7% → 0.0%−6,380,000 shares
- Meta~$40.9MCut · 12.3% → 8.8%−180,000 shares
- Alphabet~$38.2MCut · 12.8% → 8.2%−27,000 shares
- Unitedhealth Group Inc~$33.9MCut · 1.9% → 0.7%−115,000 shares
- Pg&E Corp~$21.3MCut · 3.1% → 1.4%−2,396,341 shares
- Alps ETF Tr~$20.8MSold out · 0.6% → 0.0%−6,040,000 shares
- Humana Inc~$17.5MCut · 0.6% → 0.1%−45,000 shares
- Intelsat S A~$15.5MSold out · 0.5% → 0.0%−10,146,300 shares
Holdings
As of Jun 30, 2020. Changes are in shares against Mar 31, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AlibabaSPONSORED ADS · shares +49% · price +10.9% | 12.6% | $728.0M | +$48.1M | ||||||||
| AmazonCOM · shares −10% · price +41.5% | 10.8% | $620.7M | +$182.0M | ||||||||
| T-Mobile Us IncCOM · shares +666% · price +24.1% | 10.7% | $614.5M | +$15.6M | ||||||||
| MetaCL A · shares −7.5% · price +36.1% | 8.8% | $507.0M | +$134.6M | ||||||||
| MicronCOM · shares +5.5% · price +22.5% | 8.4% | $481.7M | +$83.8M | ||||||||
| AlphabetCAP STK CL C · shares −7.5% · price +21.6% | 8.2% | $472.1M | +$83.8M | ||||||||
| AT&TCOM · shares New | 4.8% | $274.4M | — | ||||||||
| Twitter IncCOM · shares +0.4% · price +21.3% | 2.9% | $165.3M | +$28.9M | ||||||||
| Visa Inc.COM CL A · shares New | 2.8% | $162.3M | — | ||||||||
| MastercardCL A · shares New | 2.8% | $161.2M | — | ||||||||
| PayPalCOM · shares New | 2.6% | $151.6M | — | ||||||||
| Walt Disney Company (The)COM DISNEY · shares New | 2.3% | $133.8M | — | ||||||||
| Energy Transfer LpCOM UT LTD PTN · shares −7.2% · price +54.8% | 1.9% | $107.7M | +$38.1M | ||||||||
| NetflixCOM · shares −9.8% · price +21.2% | 1.8% | $104.7M | +$18.3M | ||||||||
| Sysco CorpCOM · shares New | 1.8% | $102.5M | — | ||||||||
| Hca Healthcare IncCOM · shares +268% · price +8.0% | 1.8% | $101.9M | +$2.1M | ||||||||
| SalesforceCOM · shares +7.4% · price +30.1% | 1.6% | $93.7M | +$20.2M | ||||||||
| AdobeCOM · shares −7.4% · price +36.8% | 1.6% | $89.9M | +$24.2M | ||||||||
| Emerson ElectricCOM · shares New | 1.5% | $86.8M | — | ||||||||
| Pg&E CorpCOM · shares −21% · price −1.3% | 1.4% | $79.3M | −$1.1M | ||||||||
| BroadcomCOM · shares −14% · price +33.1% | 1.1% | $63.1M | +$15.7M | ||||||||
| Altria Group IncCOM · shares New | 1.1% | $60.8M | — | ||||||||
| MicrosoftCOM · shares +208% · price +29.0% | 0.98% | $56.5M | +$4.1M | ||||||||
| Wells Fargo Co NewCOM · shares +171% · price −10.8% | 0.84% | $48.6M | −$2.2M | ||||||||
| QualcommCOM · shares −7.5% · price +34.8% | 0.82% | $47.0M | +$12.1M | ||||||||
| Total · 37 positions | 100% | $5.76B | +$717.5M |
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 Q1 2020 to Q2 2020: 24 stocks held throughout, up $717.5M (+25.4%).
- Amazon+$182.0M+41%
- Meta+$134.6M+36%
- Micron+$83.8M+22%
- Alphabet+$83.8M+22%
- Alibaba+$48.1M+11%
- Pg&E Corp−$1.1M−1%
- Wells Fargo Co New−$2.2M−11%
- Tesla1:6 split−$14.4M−66%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 1 split read into the share counts.
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 ↗ |