13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q3 2021. See the latest, Q2 2026 →
Reported value
$4.20B
−13% on the quarter before
Positions
51
3 new · 6 sold out
Top 10
53.1%
of the value
Est. gain
−$222.7M
on stocks held all quarter
Est. return
−5.5%
on those stocks since Q2 2021
Positions as of Sep 30, 2021, 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 2021. Striped tiles are options.
Largest buys
Since Q2 2021, 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.
- Alight Inc~$91.8MNew · 0.0% → 2.2%+8,000,000 shares
- Macys Inc~$76.6MAdded · 1.4% → 3.8%+3,390,000 shares
- Eqt Corp~$36.5MAdded · 0.5% → 1.4%+1,785,000 shares
- Goodyear Tire & Rubr Co~$36.0MAdded · 1.1% → 2.2%+2,035,000 shares
- Occidental Pete Corp~$27.5MAdded · 3.7% → 4.7%+930,000 shares
- SPDR Ser Tr~$24.2MAdded · 1.5% → 2.3%+250,000 shares
- Antero Resources Corp~$20.0MAdded · 0.6% → 1.3%+1,065,263 shares
- Walmart Inc~$13.9MNew · 0.0% → 0.3%+100,000 shares
- Kohls Corp~$13.4MAdded · 1.4% → 1.7%+285,000 shares
- D R Horton Inc~$4.3MAdded · 2.1% → 2.4%+50,743 shares
Largest sells
Since Q2 2021, 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~$206.0MCut · 9.9% → 4.6%−2,902,691 shares
- Amazon~$180.7MCut · 8.9% → 5.5%−55,000 shares
- Emerson Electric~$71.0MSold out · 1.5% → 0.0%−737,500 shares
- Viacomcbs Inc~$66.7MSold out · 1.4% → 0.0%−1,475,000 shares
- Netflix~$34.6MSold out · 0.7% → 0.0%−65,500 shares
- Pg&E Corp~$28.1MCut · 3.4% → 3.1%−2,923,159 shares
- Meta~$21.2MCut · 8.7% → 9.2%−62,500 shares
- Bp Plc~$10.6MSold out · 0.2% → 0.0%−400,000 shares
- Alibaba~$8.9MCut · 2.7% → 1.9%−60,000 shares
- Royal Dutch Shell Plc~$7.3MSold out · 0.2% → 0.0%−180,000 shares
Holdings
As of Sep 30, 2021. Changes are in shares against Jun 30, 2021, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AlphabetCAP STK CL C · shares +0.7% · price +6.3% | 9.3% | $391.8M | +$23.2M | ||||||||
| MetaCL A · shares −5.2% · price −2.4% | 9.2% | $387.8M | −$9.5M | ||||||||
| T-Mobile Us IncCOM · shares +1.0% · price −11.8% | 7.7% | $325.1M | −$43.0M | ||||||||
| AmazonCOM · shares −44% · price −4.5% | 5.5% | $230.0M | −$10.9M | ||||||||
| Occidental Pete CorpCOM · shares +16% · price −5.4% | 4.7% | $196.4M | −$9.7M | ||||||||
| MicronCOM · shares −51% · price −16.5% | 4.6% | $195.2M | −$38.5M | ||||||||
| Macys IncCOM · shares +94% · price +19.2% | 3.8% | $158.2M | +$13.1M | ||||||||
| Pg&E CorpCOM · shares −18% · price −5.6% | 3.1% | $128.4M | −$7.6M | ||||||||
| Select Sector SPDR TrENERGY · shares −4.9% · price −3.3% | 2.7% | $115.1M | −$3.9M | ||||||||
| D R Horton IncCOM · shares +4.4% · price −7.1% | 2.4% | $100.3M | −$7.3M | ||||||||
| SPDR Ser TrS&P OILGAS EXP · shares +33% · price +0.0% | 2.3% | $97.7M | +$23,050 | ||||||||
| Energy Transfer L PCOM UT LTD PTN · shares −4.9% · price −9.9% | 2.3% | $96.8M | −$10.6M | ||||||||
| Hca Healthcare IncCOM · shares −4.4% · price +17.4% | 2.2% | $93.9M | +$13.9M | ||||||||
| Goodyear Tire & Rubr CoCOM · shares +64% · price +3.2% | 2.2% | $92.0M | +$1.7M | ||||||||
| Alight IncCOM CL A · shares New | 2.2% | $91.8M | — | ||||||||
| UberCOM · shares −4.2% · price −10.6% | 2.1% | $87.4M | −$10.4M | ||||||||
| Mosaic Co NewCOM · shares −3.6% · price +11.9% | 2.0% | $84.8M | +$9.0M | ||||||||
| MicrosoftCOM · shares −4.8% · price +4.1% | 2.0% | $83.9M | +$3.3M | ||||||||
| AlibabaSPONSORED ADS · shares −10% · price −34.7% | 1.9% | $77.7M | −$41.3M | ||||||||
| Twitter IncCOM · shares −5.0% · price −12.2% | 1.8% | $74.6M | −$10.4M | ||||||||
| Pulte Group IncCOM · shares +2.0% · price −15.9% | 1.7% | $70.7M | −$13.1M | ||||||||
| Kohls CorpCOM · shares +23% · price −14.6% | 1.7% | $70.6M | −$9.7M | ||||||||
| Unitedhealth Group IncCOM · shares −4.3% · price −2.4% | 1.7% | $69.9M | −$1.7M | ||||||||
| Sysco CorpCOM · shares −4.5% · price +1.0% | 1.6% | $65.9M | +$630,000 | ||||||||
| Paysafe LimitedORD · shares 0% · price −36.0% | 1.6% | $65.9M | −$37.1M | ||||||||
| Total · 51 positions | 100% | $4.20B | −$222.7M |
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 2021 to Q3 2021: 48 stocks held throughout, down $222.7M (−5.5%).
- Alphabet+$23.2M+6%
- Hca Healthcare Inc+$13.9M+17%
- Macys Inc+$13.1M+19%
- Mosaic Co New+$9.0M+12%
- Antero Resources Corp+$6.7M+25%
- Pulte Group Inc−$13.1M−16%
- Paysafe Limited−$37.1M−36%
- Micron−$38.5M−16%
- Alibaba−$41.3M−35%
- T-Mobile Us Inc−$43.0M−12%
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 ↗ |