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Overview/ Appaloosa LP/ Q1 2025

Appaloosa LP

David Tepper · As of Q1 2025 · filed May 15, 2025

Q1 2025

Holdings

38 positions · Δ vs prior quarter
SPYX PUT SS SPDR S&P 500 FOSS FL ETF
$2.52B
30.0%
4,500,000 +4,500,000 New
BABA ALIBABA GROUP HOLDING-SP ADR
$1.22B
14.6%
9,230,000 −2,613,158 −22.1% Reduced
PDD PDD HOLDINGS INC
$517.2M
6.2%
4,370,000 −986,132 −18.4% Reduced
AMZN AMAZON.COM INC
$477.6M
5.7%
2,510,000 −90,000 −3.5% Reduced
JD JD.COM INC-ADR
$331.0M
3.9%
8,050,000 −2,415,885 −23.1% Reduced
META META PLATFORMS INC-CLASS A
$317.0M
3.8%
550,000 +60,000 +12.2% Added
GOOG ALPHABET INC-CL C
$314.0M
3.7%
2,010,000 +128,037 +6.8% Added
AAPL PUT APPLE INC
$277.7M
3.3%
1,250,000 +1,250,000 New
VST VISTRA CORP
$270.1M
3.2%
2,300,000 −400,000 −14.8% Reduced
UBER UBER TECHNOLOGIES INC
$233.2M
2.8%
3,200,000 +1,700,000 +113.3% Added
FXI ISHARES CHINA LARGE-CAP ETF
$200.7M
2.4%
5,600,000 −1,037,128 −15.6% Reduced
NRG NRG ENERGY INC
$195.7M
2.3%
2,050,000 +235,000 +12.9% Added
MSFT MICROSOFT CORP
$191.4M
2.3%
510,000 −460,000 −47.4% Reduced
KWEB KRANESH CSI CHINA INTERNET
$139.6M
1.7%
4,000,000 −575,695 −12.6% Reduced
LYFT LYFT INC-A
$106.8M
1.3%
9,000,000 −4,500,000 −33.3% Reduced
ORCL ORACLE CORP
$97.9M
1.2%
700,000 −700,000 −50.0% Reduced
ET ENERGY TRANSFER LP
$92.2M
1.1%
4,957,235 +42,500 +0.9% Added
UNH UNITEDHEALTH GROUP INC
$91.7M
1.1%
175,000 +500 +0.3% Added
DB DEUTSCHE BANK AG-REGISTERED
$89.4M
1.1%
3,750,000 +3,750,000 New
GLW CORNING INC
$79.8M
1.0%
1,743,629 +243,629 +16.2% Added
BIDU BAIDU INC - SPON ADR
$71.3M
0.9%
775,000 −752,909 −49.3% Reduced
LHX L3HARRIS TECHNOLOGIES INC
$62.8M
0.7%
300,000 +300,000 New
CZR CAESARS ENTERTAINMENT INC
$55.0M
0.7%
2,200,000 Held
QCOM QUALCOMM INC
$53.8M
0.6%
350,000 −450,000 −56.3% Reduced
ASML ASML HOLDING NV-NY REG SHS
$46.4M
0.6%
70,000 −90,000 −56.3% Reduced
TSM TAIWAN SEMICONDUCTOR-SP ADR
$44.8M
0.5%
270,000 +20,000 +8.0% Added
BEKE KE HOLDINGS INC-ADR
$38.2M
0.5%
1,900,000 −674,074 −26.2% Reduced
LRCX LAM RESEARCH CORP
$36.4M
0.4%
500,000 −750,000 −60.0% Reduced
MU MICRON TECHNOLOGY INC
$34.8M
0.4%
400,000 −800,000 −66.7% Reduced
NVDA NVIDIA CORP
$32.5M
0.4%
300,000 −380,001 −55.9% Reduced
MPLX MPLX LP
$31.0M
0.4%
578,500 Held
WYNN WYNN RESORTS LTD
$26.7M
0.3%
320,000 −180,000 −36.0% Reduced
LVS LAS VEGAS SANDS CORP
$22.8M
0.3%
590,000 −310,000 −34.4% Reduced
AVGO BROADCOM INC
$21.8M
0.3%
130,000 +130,000 New
SMH PUT VANECK SEMICONDUCTOR ETF
$21.1M
0.3%
100,000 +100,000 New
EXEEZ CHESAPEAKE ENERGY -CW26
$12.3M
0.1%
117,321 −132,679 −53.1% Reduced
EXEEL CHESAPEAKE ENERGY CORP -CW26
$6.5M
0.1%
65,398 −84,602 −56.4% Reduced
XYZ BLOCK INC
$4.1M
0.0%
75,000 +75,000 New

Sold positions

6 closed in Q1 2025 · shares & value as of prior filing
Holding Shares sold Prior value
AMD ADVANCED MICRO DEVICES
1,200,000 $144.9M
FDX FEDEX CORP
350,000 $98.5M
EQT EQT CORP
800,000 $36.9M
AR ANTERO RESOURCES CORP
840,000 $29.4M
EXE EXPAND ENERGY CORP
295,000 $29.4M
INTC INTEL CORP
1,000,000 $20.1M

Holdings reflect long positions disclosed in 13F filings only and exclude short positions, cash, and other non-13F assets. Holdings data sourced from SEC EDGAR. Not investment advice. Full disclaimer.