13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q1 2022. See the latest, Q2 2026 →
Reported value
$2.50B
−36% on the quarter before
Positions
34
2 new · 12 sold out
Top 10
70.5%
of the value
Est. gain
+$79.5M
on stocks held all quarter
Est. return
+3.5%
on those stocks since Q4 2021
Positions as of Mar 31, 2022, 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 2021. Striped tiles are options.
Largest buys
Since Q4 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.
Largest sells
Since Q4 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.
- Occidental Pete Corp~$213.3MCut · 4.9% → 6.4%−3,760,000 shares
- T-Mobile Us Inc~$148.0MSold out · 3.8% → 0.0%−1,275,992 shares
- General Mtrs Co~$131.9MSold out · 3.4% → 0.0%−2,250,000 shares
- D R Horton Inc~$119.3MSold out · 3.1% → 0.0%−1,100,000 shares
- Select Sector SPDR Tr~$111.2MCut · 3.1% → 2.1%−1,455,000 shares
- Mosaic Co New~$104.1MCut · 2.4% → 2.2%−1,565,000 shares
- SPDR Ser Tr~$96.2MCut · 2.5% → 1.5%−715,000 shares
- Pulte Group Inc~$82.9MSold out · 2.1% → 0.0%−1,450,000 shares
- Pg&E Corp~$77.5MCut · 3.9% → 2.9%−6,492,840 shares
- Kohls Corp~$57.4MCut · 2.1% → 1.7%−950,000 shares
Holdings
As of Mar 31, 2022. Changes are in shares against Dec 31, 2021, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AlphabetCAP STK CL C · shares −12% · price −3.5% | 13.3% | $332.4M | −$12.0M | ||||||||
| AmazonCOM · shares +21% · price −2.2% | 11.1% | $277.1M | −$5.2M | ||||||||
| MetaCL A · shares −19% · price −33.9% | 7.9% | $197.9M | −$101.5M | ||||||||
| Macys IncCOM · shares −22% · price −7.0% | 7.7% | $192.7M | −$14.4M | ||||||||
| MicronCOM · shares −24% · price −16.4% | 6.5% | $163.6M | −$32.0M | ||||||||
| Occidental Pete CorpCOM · shares −57% · price +95.7% | 6.4% | $161.1M | +$78.8M | ||||||||
| Eqt CorpCOM · shares −20% · price +57.8% | 5.4% | $135.4M | +$49.6M | ||||||||
| MicrosoftCOM · shares +23% · price −8.3% | 4.5% | $112.8M | −$8.3M | ||||||||
| Energy Transfer L PCOM UT LTD PTN · shares −26% · price +36.0% | 4.1% | $103.1M | +$27.3M | ||||||||
| Unitedhealth Group IncCOM · shares −6.1% · price +1.6% | 3.4% | $85.7M | +$1.3M | ||||||||
| UberCOM · shares +798% · price −14.9% | 2.9% | $72.1M | −$1.4M | ||||||||
| Pg&E CorpCOM · shares −52% · price −1.6% | 2.9% | $71.7M | −$1.2M | ||||||||
| Sysco CorpCOM · shares −11% · price +3.9% | 2.5% | $61.2M | +$2.3M | ||||||||
| Antero Resources CorpCOM · shares −31% · price +74.5% | 2.4% | $60.3M | +$25.7M | ||||||||
| Mosaic Co NewCOM · shares −65% · price +69.3% | 2.2% | $55.5M | +$22.7M | ||||||||
| Select Sector SPDR TrENERGY · shares −68% · price +37.7% | 2.1% | $53.1M | +$14.6M | ||||||||
| Goodyear Tire & Rubr CoCOM · shares −37% · price −33.0% | 1.9% | $46.5M | −$22.9M | ||||||||
| Kohls CorpCOM · shares −58% · price +22.4% | 1.7% | $42.3M | +$7.7M | ||||||||
| SPDR Ser TrS&P OILGAS EXP · shares −72% · price +40.3% | 1.5% | $38.3M | +$11.0M | ||||||||
| Freeport-McMoRanCL B · shares −60% · price +19.2% | 1.5% | $36.8M | +$5.9M | ||||||||
| Nordstrom IncCOM · shares −18% · price +19.9% | 1.2% | $30.5M | +$5.1M | ||||||||
| Chesapeake Energy Corp*W EXP 02/09/202 · shares −46% · price +65.8% | 0.90% | $22.5M | +$8.9M | ||||||||
| Enterprise Prods Partners LCOM · shares −58% · price +17.5% | 0.84% | $21.1M | +$3.1M | ||||||||
| Las Vegas Sands CorpCOM · shares New | 0.82% | $20.4M | — | ||||||||
| Wynn Resorts LtdCOM · shares New | 0.72% | $17.9M | — | ||||||||
| Total · 34 positions | 100% | $2.50B | +$79.5M |
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 Q4 2021 to Q1 2022: 32 stocks held throughout, up $79.5M (+3.5%).
- Occidental Pete Corp+$78.8M+96%
- Eqt Corp+$49.6M+58%
- Energy Transfer L P+$27.3M+36%
- Antero Resources Corp+$25.7M+74%
- Mosaic Co New+$22.7M+69%
- Alphabet−$12.0M−3%
- Macys Inc−$14.4M−7%
- Goodyear Tire & Rubr Co−$22.9M−33%
- Micron−$32.0M−16%
- Meta−$101.5M−34%
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 ↗ |