Smart Money Radar / Whales / David Tepper
D

David Tepper

Appaloosa LP · Holdings as of Dec 31, 2025, filed by Feb 15, 2026 · US long stock positions only

Distressed-to-growth opportunist. Big swings

Reported value
$7B
38 positions shown
Copycat since 2016
4.43x
16% per year
vs SPY
ahead
SPY 3.57x same window
Top position
BABA
11% 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 · Dec 2025
BABA 11% GOOG 8% AMZN 7% MU 6% META 6% NVDA 5%
+23 more 26%
SymbolValue% of bookvs prior quarter
BABA $753M 11% trimmed
GOOG $561M 8% added
AMZN $503M 7% trimmed
MU $428M 6% added
META $396M 6% added
TSM $343M 5% added
NVDA $317M 5% trimmed
WHR $282M 4% trimmed
NRG $261M 4% trimmed
MSFT $242M 4% added
AAL $217M 3% added
PDD $201M 3% unchanged
QCOM $196M 3% trimmed
EWY $182M 3% new
KWEB $162M 2% trimmed
VST $152M 2% trimmed
UBER $151M 2% trimmed
GLW $137M 2% trimmed
unlisted $121M 2% trimmed
JD $119M 2% trimmed
OC $106M 2% added
RTX $92M 1% unchanged
LHX $87M 1% unchanged
BIDU $75M 1% trimmed
MHK $74M 1% added
LYFT $74M 1% trimmed
LRCX $73M 1% added
AMD $70M 1% trimmed
unlisted $67M 1% trimmed
UNH $66M 1% unchanged
BALL $64M 1% new
IQV $63M 1% unchanged
UAL $52M 1% unchanged
FXI $42M 1% trimmed
ET $36M 1% trimmed
MPLX $33M 0% added
DAL $33M 0% added
GT $22M 0% trimmed
Positions built under SEC confidential treatment appear only after the SEC releases them. Cash, foreign listings and shorts never appear in these filings.