13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q4 2020. See the latest, Q2 2026 →
Reported value
$6.69B
+18% on the quarter before
Positions
45
16 new · 3 sold out
Top 10
66.4%
of the value
Est. gain
+$696.4M
on stocks held all quarter
Est. return
+15.0%
on those stocks since Q3 2020
Positions as of Dec 31, 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 Q3 2020. Striped tiles are options.
Largest buys
Since Q3 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.
- Amazon~$183.0MAdded · 7.9% → 9.6%+56,200 shares
- Occidental Pete Corp~$140.2MNew · 0.0% → 2.1%+8,100,540 shares
- Select Sector SPDR Tr~$118.4MNew · 0.0% → 1.8%+3,125,000 shares
- Qualcomm~$91.4MNew · 0.0% → 1.4%+600,000 shares
- Macys Inc~$72.0MNew · 0.0% → 1.1%+6,400,000 shares
- Carmax Inc~$70.8MNew · 0.0% → 1.1%+750,000 shares
- Kohls Corp~$70.2MNew · 0.0% → 1.0%+1,725,000 shares
- Enterprise Prods Partners L~$67.6MNew · 0.0% → 1.0%+3,452,759 shares
- Meta~$66.5MAdded · 8.2% → 8.2%+243,500 shares
- Microsoft~$55.0MAdded · 1.1% → 1.8%+247,500 shares
Largest sells
Since Q3 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.
- Pg&E Corp~$478.5MCut · 13.4% → 7.9%−38,404,740 shares
- Micron~$319.5MCut · 10.2% → 9.0%−4,250,000 shares
- AT&T~$131.9MSold out · 2.3% → 0.0%−4,625,000 shares
- Alibaba~$74.5MCut · 11.5% → 6.6%−320,000 shares
- T-Mobile Us Inc~$41.8MCut · 10.5% → 9.9%−310,000 shares
- Altria Group Inc~$35.7MSold out · 0.6% → 0.0%−925,000 shares
- Boston Scientific Corp~$30.1MSold out · 0.5% → 0.0%−787,500 shares
- Walt Disney Company (The)~$24.5MCut · 1.9% → 2.0%−135,000 shares
- Block~$21.8MCut · 0.8% → 0.6%−100,000 shares
- Emerson Electric~$20.7MCut · 1.4% → 1.2%−257,500 shares
Holdings
As of Dec 31, 2020. Changes are in shares against Sep 30, 2020, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| T-Mobile Us IncCOM · shares −5.9% · price +17.9% | 9.9% | $661.4M | +$100.5M | ||||||||
| AmazonCOM · shares +40% · price +3.4% | 9.6% | $643.9M | +$15.3M | ||||||||
| MicronCOM · shares −35% · price +60.1% | 9.0% | $601.4M | +$225.8M | ||||||||
| MetaCL A · shares +14% · price +4.3% | 8.2% | $549.3M | +$19.9M | ||||||||
| Pg&E CorpCOM · shares −48% · price +32.7% | 7.9% | $527.9M | +$130.1M | ||||||||
| AlphabetCAP STK CL C · shares −1.2% · price +19.2% | 6.7% | $445.9M | +$71.8M | ||||||||
| AlibabaSPONSORED ADS · shares −14% · price −20.8% | 6.6% | $442.2M | −$116.4M | ||||||||
| Twitter IncCOM · shares +1.9% · price +21.7% | 3.8% | $257.2M | +$45.0M | ||||||||
| Hca Healthcare IncCOM · shares +7.0% · price +31.9% | 2.5% | $164.5M | +$37.2M | ||||||||
| Energy Transfer LpCOM UT LTD PTN · shares +27% · price +14.0% | 2.2% | $148.7M | +$14.4M | ||||||||
| MastercardCL A · shares −9.0% · price +5.6% | 2.1% | $143.7M | +$7.6M | ||||||||
| Occidental Pete CorpCOM · shares New | 2.1% | $140.2M | — | ||||||||
| Visa Inc.COM CL A · shares −8.8% · price +9.4% | 2.0% | $135.6M | +$11.6M | ||||||||
| Walt Disney Company (The)COM · shares −15% · price +46.0% | 2.0% | $135.0M | +$42.5M | ||||||||
| PayPalCOM · shares −14% · price +18.9% | 1.8% | $123.0M | +$19.5M | ||||||||
| SalesforceCOM · shares +26% · price −11.5% | 1.8% | $122.4M | −$12.6M | ||||||||
| MicrosoftCOM · shares +82% · price +5.7% | 1.8% | $122.3M | +$3.7M | ||||||||
| Select Sector SPDR TrENERGY · shares New | 1.8% | $118.4M | — | ||||||||
| AdobeCOM · shares +14% · price +2.0% | 1.5% | $100.0M | +$1.7M | ||||||||
| Sysco CorpCOM · shares −2.0% · price +19.3% | 1.4% | $92.8M | +$15.0M | ||||||||
| QualcommCOM · shares New | 1.4% | $91.4M | — | ||||||||
| Emerson ElectricCOM · shares −21% · price +22.6% | 1.2% | $78.4M | +$14.4M | ||||||||
| Macys IncCOM · shares New | 1.1% | $72.0M | — | ||||||||
| Carmax IncCOM · shares New | 1.1% | $70.8M | — | ||||||||
| Kohls CorpCOM · shares New | 1.0% | $70.2M | — | ||||||||
| Total · 45 positions | 100% | $6.69B | +$696.4M |
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 2020 to Q4 2020: 29 stocks held throughout, up $696.4M (+15.0%).
- Micron+$225.8M+60%
- Pg&E Corp+$130.1M+33%
- T-Mobile Us Inc+$100.5M+18%
- Alphabet+$71.8M+19%
- Twitter Inc+$45.0M+22%
- Salesforce−$12.6M−11%
- Alibaba−$116.4M−21%
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 ↗ |