13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q4 2022. See the latest, Q2 2026 →
Reported value
$1.35B
−0.9% on the quarter before
Positions
24
3 new · 1 sold out
Top 10
80.8%
of the value
Est. gain
−$28.3M
on stocks held all quarter
Est. return
−2.2%
on those stocks since Q3 2022
Positions as of Dec 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 Q3 2022. Striped tiles are options.
Largest buys
Since Q3 2022, 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.
- Walt Disney Company (The)~$26.1MNew · 0.0% → 1.9%+300,000 shares
- Hca Healthcare Inc~$25.8MAdded · 1.0% → 3.2%+107,500 shares
- Caesars Entertainment Inc Ne~$17.7MNew · 0.0% → 1.3%+425,000 shares
- Chesapeake Energy Corp~$15.4MAdded · 0.6% → 1.8%+163,055 shares
- Salesforce~$14.6MAdded · 2.0% → 3.0%+110,000 shares
- Uber~$5.6MAdded · 1.9% → 2.2%+225,000 shares
- Aptiv Plc~$4.7MNew · 0.0% → 0.3%+50,000 shares
- Amazon~$4.2MAdded · 12.0% → 9.3%+50,000 shares
- Alibaba~$880,900Added · 0.5% → 0.7%+10,000 shares
- Eqt Corp~$845,750Added · 7.6% → 6.4%+25,000 shares
Largest sells
Since Q3 2022, 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.
- Meta~$36.1MCut · 8.7% → 5.1%−300,000 shares
- Constellation Energy Corp~$19.9MCut · 16.1% → 15.3%−231,271 shares
- Chesapeake Energy Corp~$9.3MCut · 2.1% → 1.5%−118,000 shares
- Alps ETF Tr~$7.7MCut · 1.1% → 0.6%−201,000 shares
- Chesapeake Energy Corp~$7.0MCut · 1.3% → 0.9%−90,000 shares
- Enterprise Prods Partners L~$6.3MCut · 1.4% → 0.9%−260,000 shares
- Mosaic Co New~$6.0MSold out · 0.4% → 0.0%−125,000 shares
- Sysco Corp~$3.8MCut · 1.0% → 0.9%−50,000 shares
- Macys Inc~$1.0MCut · 6.9% → 9.1%−50,000 shares
Holdings
As of Dec 31, 2022. Changes are in shares against Sep 30, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Constellation Energy CorpCOM · shares −8.8% · price +3.6% | 15.3% | $206.8M | +$7.2M | ||||||||
| AlphabetCAP STK CL C · shares 0% · price −7.7% | 13.1% | $177.0M | −$14.8M | ||||||||
| AmazonCOM · shares +3.4% · price −25.7% | 9.3% | $126.0M | −$42.0M | ||||||||
| Macys IncCOM · shares −0.8% · price +31.8% | 9.1% | $122.9M | +$29.6M | ||||||||
| Energy Transfer L PCOM UT LTD PTN · shares 0% · price +7.6% | 9.0% | $121.1M | +$8.6M | ||||||||
| Eqt CorpCOM · shares +1.0% · price −17.0% | 6.4% | $86.3M | −$17.5M | ||||||||
| Unitedhealth Group IncCOM · shares 0% · price +5.0% | 5.9% | $79.5M | +$3.8M | ||||||||
| MetaCL A · shares −34% · price −11.3% | 5.1% | $69.2M | −$8.8M | ||||||||
| MicrosoftCOM · shares 0% · price +3.0% | 4.2% | $56.4M | +$1.6M | ||||||||
| Hca Healthcare IncCOM · shares +143% · price +30.6% | 3.2% | $43.8M | +$4.2M | ||||||||
| SalesforceCOM · shares +58% · price −7.8% | 3.0% | $39.8M | −$2.1M | ||||||||
| Antero Resources CorpCOM · shares 0% · price +1.5% | 2.9% | $38.7M | +$574,500 | ||||||||
| UberCOM · shares +23% · price −6.7% | 2.2% | $30.3M | −$1.8M | ||||||||
| Walt Disney Company (The)COM · shares New | 1.9% | $26.1M | — | ||||||||
| Chesapeake Energy CorpCOM · shares +181% · price +0.2% | 1.8% | $23.9M | +$14,300 | ||||||||
| Chesapeake Energy Corp*W EXP 02/09/202 · shares −32% · price −0.6% | 1.5% | $19.6M | −$118,750 | ||||||||
| Caesars Entertainment Inc NeCOM · shares New | 1.3% | $17.7M | — | ||||||||
| Enterprise Prods Partners LCOM · shares −33% · price +1.4% | 0.93% | $12.5M | +$176,356 | ||||||||
| Chesapeake Energy Corp*W EXP 02/09/202 · shares −38% · price +5.2% | 0.86% | $11.6M | +$576,500 | ||||||||
| Sysco CorpCOM · shares −25% · price +8.1% | 0.85% | $11.5M | +$861,000 | ||||||||
| AlibabaSPONSORED ADS · shares +11% · price +10.1% | 0.65% | $8.8M | +$729,100 | ||||||||
| Alps ETF TrALERIAN MLP · shares −50% · price +4.1% | 0.58% | $7.8M | +$307,939 | ||||||||
| Mplx LpCOM UNIT REP LTD · shares 0% · price +9.4% | 0.47% | $6.3M | +$543,953 | ||||||||
| Aptiv PlcSHS · shares New | 0.35% | $4.7M | — | ||||||||
| Total · 24 positions | 100% | $1.35B | −$28.3M |
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 2022 to Q4 2022: 21 stocks held throughout, down $28.3M (−2.2%).
- Macys Inc+$29.6M+32%
- Energy Transfer L P+$8.6M+8%
- Constellation Energy Corp+$7.2M+4%
- Hca Healthcare Inc+$4.2M+31%
- Unitedhealth Group Inc+$3.8M+5%
- Salesforce−$2.1M−8%
- Meta−$8.8M−11%
- Alphabet−$14.8M−8%
- Eqt Corp−$17.5M−17%
- Amazon−$42.0M−26%
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 ↗ |