Smart Money Radar / Whales / David Tepper
D

David Tepper

Appaloosa LP · Holdings as of Sep 30, 2025, filed by Nov 15, 2025 · US long stock positions only

Distressed-to-growth opportunist. Big swings

Reported value
$7B
45 positions shown
Copycat since 2016
4.43x
16% per year
vs SPY
ahead
SPY 3.57x same window
Top position
BABA
16% of book

Copying these filings vs SPY

$1 at every deadline since 2016
David Tepper 4.43x SPY 3.57x
Price returns, dividends excluded on both lines. A copycat of public filings traded at each deadline, not the fund's actual performance.
Mar 2026 Dec 2025 Sep 2025 Jun 2025 Mar 2025 Dec 2024 Sep 2024 Jun 2024 Mar 2024 Dec 2023 Sep 2023 Jun 2023

The book

tile = share of the filed book · tap a tile for the ticker · Sep 2025
BABA 16% AMZN 7% WHR 6%
+30 more 27%
SymbolValue% of bookvs prior quarter
BABA $1.2B 16% trimmed
AMZN $549M 7% trimmed
WHR $432M 6% added
NVDA $355M 5% added
GOOG $338M 5% trimmed
KWEB $311M 4% added
NRG $303M 4% trimmed
TSM $296M 4% added
META $272M 4% trimmed
VST $244M 3% trimmed
MSFT $240M 3% trimmed
PDD $238M 3% trimmed
UBER $236M 3% trimmed
JD $218M 3% trimmed
QCOM $207M 3% added
AMD $154M 2% new
BIDU $138M 2% added
unlisted $134M 2% trimmed
GLW $133M 2% trimmed
LYFT $123M 2% trimmed
FISV $119M 2% new
AAL $104M 1% new
LHX $92M 1% trimmed
RTX $85M 1% trimmed
ET $85M 1% unchanged
MU $84M 1% trimmed
UNH $70M 1% trimmed
TFC $63M 1% new
unlisted $62M 1% trimmed
CZR $57M 1% unchanged
IQV $54M 1% trimmed
LRCX $50M 1% trimmed
FXI $46M 1% added
UAL $45M 1% trimmed
GT $38M 1% added
KEY $38M 1% new
CFG $32M 0% new
CMA $32M 0% new
XYZ $27M 0% trimmed
MPLX $27M 0% trimmed
DAL $26M 0% trimmed
OC $23M 0% new
MHK $21M 0% added
WAL $17M 0% new
ZION $16M 0% new
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.