13F filer · CIK 1656456 ↗
Appaloosa
You are looking at Q3 2024. See the latest, Q2 2026 →
Reported value
$6.73B
+9.0% on the quarter before
Positions
38
4 new · 3 sold out
Top 10
65.5%
of the value
Est. gain
+$401.3M
on stocks held all quarter
Est. return
+7.6%
on those stocks since Q2 2024
Positions as of Sep 30, 2024, 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 2024. Striped tiles are options.
Largest buys
Since Q2 2024, 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.
- PDD Holdings~$453.1MAdded · 4.2% → 10.6%+3,361,132 shares
- Vistra~$150.6MNew · 0.0% → 2.2%+1,270,388 shares
- Jd.Com Inc~$119.6MAdded · 1.8% → 4.3%+2,989,400 shares
- Lyft Inc~$99.3MAdded · 1.8% → 3.0%+7,788,743 shares
- NRG Energy~$91.1MNew · 0.0% → 1.4%+999,820 shares
- Las Vegas Sands Corp~$76.9MNew · 0.0% → 1.1%+1,528,323 shares
- Wynn Resorts Ltd~$76.7MNew · 0.0% → 1.1%+800,000 shares
- Ke Hldgs Inc~$1.8MAdded · 0.5% → 0.6%+90,000 shares
Largest sells
Since Q2 2024, 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~$177.5MCut · 7.6% → 5.3%−310,000 shares
- Microsoft~$90.9MCut · 8.6% → 6.2%−211,356 shares
- Adobe~$82.8MCut · 3.2% → 1.5%−160,000 shares
- United Parcel Service Inc~$82.8MSold out · 1.3% → 0.0%−605,000 shares
- Oracle~$72.7MCut · 4.6% → 4.0%−426,606 shares
- Alibaba~$53.1MCut · 12.2% → 15.8%−500,000 shares
- Amazon~$51.2MCut · 10.9% → 8.9%−275,000 shares
- Fedex Corp~$47.9MCut · 2.7% → 1.5%−175,000 shares
- AMD~$38.6MCut · 3.6% → 2.8%−235,000 shares
- Boeing Co~$38.2MSold out · 0.6% → 0.0%−210,000 shares
Holdings
As of Sep 30, 2024. Changes are in shares against Jun 30, 2024, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| AlibabaSPONSORED ADS · shares −4.8% · price +47.4% | 15.8% | $1.06B | +$341.2M | ||||||||
| PDD HoldingsSPONSORED ADS · shares +173% · price +1.4% | 10.6% | $714.6M | +$3.6M | ||||||||
| AmazonCOM · shares −7.9% · price −3.6% | 8.9% | $596.3M | −$22.1M | ||||||||
| MicrosoftCOM · shares −18% · price −3.7% | 6.2% | $417.4M | −$16.2M | ||||||||
| MetaCL A · shares −33% · price +13.5% | 5.3% | $357.8M | +$42.6M | ||||||||
| AlphabetCAP STK CL C · shares −2.2% · price −8.8% | 4.7% | $314.6M | −$30.5M | ||||||||
| Jd.Com IncSPON ADS CL A · shares +69% · price +54.8% | 4.3% | $292.0M | +$61.0M | ||||||||
| OracleCOM · shares −21% · price +20.7% | 4.0% | $268.1M | +$45.9M | ||||||||
| Lyft IncCL A COM · shares +98% · price −9.6% | 3.0% | $200.8M | −$10.7M | ||||||||
| AMDCOM · shares −17% · price +1.2% | 2.8% | $186.2M | +$2.1M | ||||||||
| Ishares TrCHINA LG-CAP ETF · shares −16% · price +22.3% | 2.8% | $185.4M | +$33.8M | ||||||||
| VistraCOM · shares New | 2.2% | $150.6M | — | ||||||||
| BaiduSPON ADR REP A · shares −14% · price +21.8% | 2.2% | $150.0M | +$26.8M | ||||||||
| QualcommCOM · shares −4.8% · price −14.6% | 2.0% | $136.0M | −$23.3M | ||||||||
| Kraneshares TrustCSI CHI INTERNET · shares −16% · price +25.9% | 1.9% | $128.1M | +$26.4M | ||||||||
| Energy Transfer L PCOM UT LTD PTN · shares −11% · price −1.0% | 1.6% | $109.6M | −$1.2M | ||||||||
| MicronCOM · shares −11% · price −21.2% | 1.6% | $108.9M | −$29.2M | ||||||||
| UberCOM · shares −6.0% · price +3.4% | 1.6% | $106.0M | +$3.5M | ||||||||
| AdobeCOM · shares −44% · price −6.8% | 1.5% | $103.6M | −$7.6M | ||||||||
| Fedex CorpCOM · shares −32% · price −8.7% | 1.5% | $102.6M | −$9.8M | ||||||||
| Unitedhealth Group IncCOM · shares −5.7% · price +14.8% | 1.5% | $102.0M | +$13.2M | ||||||||
| NRG EnergyCOM NEW · shares New | 1.4% | $91.1M | — | ||||||||
| Caesars Entertainment Inc NeCOM · shares −2.3% · price +5.0% | 1.3% | $89.7M | +$4.3M | ||||||||
| Lam ResearchCOM · shares −8.3% · price −23.4% | 1.2% | $81.6M | −$24.9M | ||||||||
| Las Vegas Sands CorpCOM · shares New | 1.1% | $76.9M | — | ||||||||
| Total · 38 positions | 100% | $6.73B | +$401.3M |
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 Q2 2024 to Q3 2024: 34 stocks held throughout, up $401.3M (+7.6%).
- Alibaba+$341.2M+47%
- Jd.Com Inc+$61.0M+55%
- Oracle+$45.9M+21%
- Meta+$42.6M+14%
- Ishares Tr+$33.8M+22%
- Amazon−$22.1M−4%
- Qualcomm−$23.3M−15%
- Lam Research−$24.9M−23%
- Micron−$29.2M−21%
- Alphabet−$30.5M−9%
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 ↗ |