13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q1 2023. See the latest, Q2 2026 →
Reported value
$1.89B
+40% on the quarter before
Positions
29
6 new · 1 sold out
Top 10
73.8%
of the value
Est. gain
+$101.4M
on stocks held all quarter
Est. return
+7.8%
on those stocks since Q4 2022
Positions as of Mar 31, 2023, 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 2022. Striped tiles are options.
Largest buys
Since Q4 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.
- Uber~$151.4MAdded · 2.2% → 10.0%+4,775,000 shares
- Fedex Corp~$80.0MNew · 0.0% → 4.2%+350,000 shares
- Amazon~$51.6MAdded · 9.3% → 10.9%+500,000 shares
- Select Sector SPDR TrPUT~$42.3MNew · 0.0% → 2.2%+1,316,800 underlying
- Nvidia~$41.7MNew · 0.0% → 2.2%+150,000 shares
- Tesla~$31.1MNew · 0.0% → 1.6%+150,000 shares
- Meta~$26.5MAdded · 5.1% → 7.8%+125,000 shares
- Ark ETF Tr~$20.2MNew · 0.0% → 1.1%+500,000 shares
- Match Group Inc New~$20.2MNew · 0.0% → 1.1%+525,000 shares
- Alphabet~$12.0MAdded · 13.1% → 11.6%+115,000 shares
Largest sells
Since Q4 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.
- Constellation Energy Corp~$24.2MCut · 15.3% → 8.7%−308,729 shares
- Hca Healthcare Inc~$10.5MCut · 3.2% → 2.0%−40,000 shares
- Aptiv Plc~$4.7MSold out · 0.3% → 0.0%−50,000 shares
- Salesforce~$2.0MCut · 3.0% → 3.1%−10,000 shares
Holdings
As of Mar 31, 2023. Changes are in shares against Dec 31, 2022, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AlphabetCAP STK CL C · shares +5.8% · price +17.2% | 11.6% | $219.4M | +$30.5M | ||||||||
| AmazonCOM · shares +33% · price +23.0% | 10.9% | $206.6M | +$28.9M | ||||||||
| UberCOM · shares +390% · price +28.2% | 10.0% | $190.2M | +$8.5M | ||||||||
| Constellation Energy CorpCOM · shares −13% · price −8.9% | 8.7% | $164.1M | −$16.1M | ||||||||
| MetaCL A · shares +22% · price +76.1% | 7.8% | $148.4M | +$52.7M | ||||||||
| Energy Transfer L PCOM UT LTD PTN · shares 0% · price +5.1% | 6.7% | $127.2M | +$6.1M | ||||||||
| Macys IncCOM · shares +0.8% · price −15.3% | 5.5% | $104.9M | −$18.8M | ||||||||
| Eqt CorpCOM · shares 0% · price −5.7% | 4.3% | $81.4M | −$4.9M | ||||||||
| Fedex CorpCOM · shares New | 4.2% | $80.0M | — | ||||||||
| MicrosoftCOM · shares +11% · price +20.2% | 4.0% | $75.0M | +$11.4M | ||||||||
| Unitedhealth Group IncCOM · shares 0% · price −10.9% | 3.7% | $70.9M | −$8.6M | ||||||||
| SalesforceCOM · shares −3.3% · price +50.7% | 3.1% | $57.9M | +$19.5M | ||||||||
| Select Sector SPDR TrPUTFINANCIAL · shares New | 2.2% | $42.3M | — | ||||||||
| NvidiaCOM · shares New | 2.2% | $41.7M | — | ||||||||
| Hca Healthcare IncCOM · shares −22% · price +9.9% | 2.0% | $37.6M | +$3.4M | ||||||||
| TeslaCOM · shares New | 1.6% | $31.1M | — | ||||||||
| Walt Disney Company (The)COM · shares 0% · price +15.3% | 1.6% | $30.0M | +$4.0M | ||||||||
| Antero Resources CorpCOM · shares +2.0% · price −25.5% | 1.6% | $29.4M | −$9.9M | ||||||||
| Caesars Entertainment Inc NeCOM · shares 0% · price +17.3% | 1.1% | $20.7M | +$3.1M | ||||||||
| Ark ETF TrINNOVATION ETF · shares New | 1.1% | $20.2M | — | ||||||||
| Match Group Inc NewCOM · shares New | 1.1% | $20.2M | — | ||||||||
| Chesapeake Energy CorpCOM · shares 0% · price −19.4% | 1.0% | $19.2M | −$4.6M | ||||||||
| Chesapeake Energy Corp*W EXP 02/09/202 · shares 0% · price −18.7% | 0.84% | $16.0M | −$3.7M | ||||||||
| Enterprise Prods Partners LCOM · shares 0% · price +7.4% | 0.71% | $13.4M | +$922,004 | ||||||||
| Sysco CorpCOM · shares 0% · price +1.0% | 0.61% | $11.6M | +$117,000 | ||||||||
| Total · 29 positions | 100% | $1.89B | +$101.4M |
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 Q4 2022 to Q1 2023: 23 stocks held throughout, up $101.4M (+7.8%).
- Meta+$52.7M+76%
- Alphabet+$30.5M+17%
- Amazon+$28.9M+23%
- Salesforce+$19.5M+51%
- Microsoft+$11.4M+20%
- Eqt Corp−$4.9M−6%
- Unitedhealth Group Inc−$8.6M−11%
- Antero Resources Corp−$9.9M−25%
- Constellation Energy Corp−$16.1M−9%
- Macys Inc−$18.8M−15%
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 ↗ |