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Overview/ Appaloosa LP/ Q3 2025

Appaloosa LP

David Tepper · As of Q3 2025 · filed Nov 13, 2025

Q3 2025

Holdings

45 positions · Δ vs prior quarter
BABA ALIBABA GROUP HOLDING-SP ADR
$1.15B
15.6%
6,450,000 −617,271 −8.7% Reduced
AMZN AMAZON.COM INC
$548.9M
7.4%
2,500,000 −200,000 −7.4% Reduced
WHR WHIRLPOOL CORP
$432.3M
5.9%
5,500,000 +5,233,908 +1967.0% Added
NVDA NVIDIA CORP
$354.5M
4.8%
1,900,000 +150,000 +8.6% Added
GOOG ALPHABET INC-CL C
$337.9M
4.6%
1,387,500 −112,500 −7.5% Reduced
KWEB KRANESH CSI CHINA INTERNET
$310.9M
4.2%
7,400,000 +3,400,000 +85.0% Added
NRG NRG ENERGY INC
$302.8M
4.1%
1,870,000 −110,000 −5.6% Reduced
TSM TAIWAN SEMICONDUCTOR-SP ADR
$296.0M
4.0%
1,060,000 +35,000 +3.4% Added
META META PLATFORMS INC-CLASS A
$271.7M
3.7%
370,000 −30,000 −7.5% Reduced
VST VISTRA CORP
$243.9M
3.3%
1,245,000 −555,000 −30.8% Reduced
MSFT MICROSOFT CORP
$239.6M
3.2%
462,500 −37,500 −7.5% Reduced
PDD PDD HOLDINGS INC
$237.9M
3.2%
1,800,000 −200,000 −10.0% Reduced
UBER UBER TECHNOLOGIES INC
$235.8M
3.2%
2,406,983 −343,017 −12.5% Reduced
JD JD.COM INC-ADR
$217.8M
2.9%
6,225,000 −775,000 −11.1% Reduced
QCOM QUALCOMM INC
$207.1M
2.8%
1,245,000 +895,000 +255.7% Added
AMD ADVANCED MICRO DEVICES
$153.7M
2.1%
950,000 +950,000 New
BIDU BAIDU INC - SPON ADR
$137.7M
1.9%
1,045,000 +420,000 +67.2% Added
DB DEUTSCHE BANK AG-REGISTERED
$134.2M
1.8%
3,790,000 −210,000 −5.3% Reduced
GLW CORNING INC
$133.3M
1.8%
1,625,000 −125,000 −7.1% Reduced
LYFT LYFT INC-A
$123.3M
1.7%
5,600,000 −2,400,000 −30.0% Reduced
FISV FISERV INC
$119.3M
1.6%
925,000 +925,000 New
AAL AMERICAN AIRLINES GROUP INC
$104.0M
1.4%
9,250,000 +9,250,000 New
LHX L3HARRIS TECHNOLOGIES INC
$91.6M
1.2%
300,000 −50,000 −14.3% Reduced
RTX RTX CORP
$85.3M
1.2%
509,500 −75,500 −12.9% Reduced
ET ENERGY TRANSFER LP
$85.1M
1.2%
4,957,235 Held
MU MICRON TECHNOLOGY INC
$83.7M
1.1%
500,000 −325,000 −39.4% Reduced
UNH UNITEDHEALTH GROUP INC
$70.3M
1.0%
203,500 −2,246,500 −91.7% Reduced
TFC TRUIST FINANCIAL CORP
$63.4M
0.9%
1,387,500 +1,387,500 New
ASML ASML HOLDING NV-NY REG SHS
$62.0M
0.8%
64,000 −6,000 −8.6% Reduced
CZR CAESARS ENTERTAINMENT INC
$56.8M
0.8%
2,100,000 Held
IQV IQVIA HOLDINGS INC
$54.1M
0.7%
285,000 −15,000 −5.0% Reduced
LRCX LAM RESEARCH CORP
$49.5M
0.7%
370,000 −30,000 −7.5% Reduced
FXI ISHARES CHINA LARGE-CAP ETF
$45.7M
0.6%
1,110,000 +110,000 +11.0% Added
UAL UNITED AIRLINES HOLDINGS INC
$44.6M
0.6%
462,500 −87,500 −15.9% Reduced
GT GOODYEAR TIRE & RUBBER CO
$38.4M
0.5%
5,140,000 +4,278,218 +496.4% Added
KEY KEYCORP
$37.8M
0.5%
2,020,000 +2,020,000 New
CFG CITIZENS FINANCIAL GROUP
$31.9M
0.4%
600,000 +600,000 New
CMA COMERICA INC
$31.7M
0.4%
462,500 +462,500 New
XYZ BLOCK INC
$26.7M
0.4%
370,000 −271,800 −42.3% Reduced
MPLX MPLX LP
$26.7M
0.4%
535,000 −43,500 −7.5% Reduced
DAL DELTA AIR LINES INC
$26.2M
0.4%
462,500 −87,500 −15.9% Reduced
OC OWENS CORNING
$22.8M
0.3%
161,500 +161,500 New
MHK MOHAWK INDUSTRIES INC
$20.8M
0.3%
161,500 +96,500 +148.5% Added
WAL WESTERN ALLIANCE BANCORP
$16.9M
0.2%
195,000 +195,000 New
ZION ZIONS BANCORP NA
$16.1M
0.2%
285,000 +285,000 New

Sold positions

3 closed in Q3 2025 · shares & value as of prior filing
Holding Shares sold Prior value
INTC INTEL CORP
8,000,000 $179.2M
ORCL ORACLE CORP
150,000 $32.8M
BEKE KE HOLDINGS INC-ADR
1,500,000 $26.6M

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.