Great investors · David Tepper
David Tepper portfolio · Q2 2026
David Tepper, founder of Appaloosa. This is the stock portfolio Appaloosa reported to the SEC (Form 13F) as of Jun 30, 2026, filed on Aug 14, 2026.
The 13F is filed by the firm, not the person: when this page says what David Tepper “owns” or “bought”, it means the positions of Appaloosa as a whole.
Next 13F: Q3 2026 usually filed ~Nov 16, 2026; deadline Nov 16, 2026. See the quarter page →
What stocks does David Tepper own?
The largest positions of Appaloosa in Q2 2026 are AMZN, MU, TSM, GOOG, UBER.
- 1Amazon.comAMZNIncreased16.0%Since Q1 2019 · 30 quartersIt bought in 14 quarters. Quarter-end prices of those quarters per 13F: $84.00 to $238.34.
- 2Micron TechnologyMUReduced15.1%Since Q2 2023 · 13 quartersIt bought in 5 quarters. Quarter-end prices of those quarters per 13F: $63.11 to $337.84.
- 3Taiwan Semiconductor ManufacturingTSMIncreased10.5%Since Q2 2023 · 13 quartersIt bought in 7 quarters. Quarter-end prices of those quarters per 13F: $100.92 to $477.57.
- 4AlphabetGOOGIncreased8.7%Since at least Q1 2016 · 42 quartersIt bought in 13 quarters. Quarter-end prices of those quarters per 13F: $34.60 to $353.33.
- 5UBER TechnologiesUBERIncreased7.4%Since Q2 2021 · 21 quartersIt bought in 11 quarters. Quarter-end prices of those quarters per 13F: $24.73 to $72.86.
- 6IsharesEWYIncreased6.6%Since Q4 2025 · 3 quartersIt bought in 3 quarters. Quarter-end prices of those quarters per 13F: $97.22 to $201.90.
- 7Meta PlatformsMETAIncreased5.1%Since Q3 2016 · 40 quartersIt bought in 16 quarters. Quarter-end prices of those quarters per 13F: $115.05 to $660.09.
- 8Vistra OperationsVSTIncreased4.7%Since Q3 2024 · 8 quartersIt bought in 4 quarters. Quarter-end prices of those quarters per 13F: $118.54 to $158.63.
- 9NVIDIANVDAIncreased4.1%Since Q1 2023 · 14 quartersIt bought in 6 quarters. Quarter-end prices of those quarters per 13F: $27.78 to $200.09.
- 10NRG EnergyNRGIncreased3.4%Since Q3 2024 · 8 quartersIt bought in 5 quarters. Quarter-end prices of those quarters per 13F: $90.22 to $146.14.
“Since”: first quarter of the current run, unbroken until today. Prices are the quarter-end prices of the quarters in which it added shares, per the 13F. The manager may have bought at any price within each quarter; the SEC only publishes the value at quarter end.
What did David Tepper buy in Q2 2026?
- NewBoeingBA2.3% of portfolio
- IncreasedAmazon.comAMZN+16% shares · 16.0% of portfolio
- IncreasedTaiwan Semiconductor ManufacturingTSM+24% shares · 10.5% of portfolio
- NewAmerican Airlines GroupAAL1.8% of portfolio
- IncreasedMeta PlatformsMETA+55% shares · 5.1% of portfolio
- NewCoreWeaveCRWV1.4% of portfolio
- IncreasedUBER TechnologiesUBER+21% shares · 7.4% of portfolio
- IncreasedBaiduBIDU+87% shares · 2.0% of portfolio
What did David Tepper sell in Q2 2026?
- ReducedMicron TechnologyMU−41% shares · 15.1% of portfolio
- Sold outSandiskSNDKwas 3.0%
- Sold outCorningGLWwas 2.6%
- ReducedAlibaba Group HoldingBABA−42% shares · 2.6% of portfolio
- Sold outPDD HoldingsPDDwas 1.5%
- Sold outL3harris TechnologiesLHXwas 1.2%
- Sold outRTXRTXwas 1.1%
- Sold outBallBALLwas 0.8%
16 positions opened or added to and 17 trimmed or closed, against the previous quarter's 13F. Each is measured the same way across the page: how much the share count changed and its weight in the portfolio today (share classes of the same company added together). The 13F has 33 positions with a change, 21 of them material (0.5 points of the portfolio or more). All full exits are listed, even those that moved less than 0.5 points of the portfolio.
How its portfolio changed (8 quarters)
Q2 2026: 25
Q2 2026: 82%
Q2 2026: 18.9%
Traded turnover: the weight it bought plus the weight it sold in the quarter, divided by two, excluding price moves. The plain “turnover” in the header does include that effect. With a free account: the full history and sectors over time.
Declared options (2)
Besides stocks, Appaloosa declared 2 puts (they gain if the stock falls) with a notional of $254M. The 13F reports the value of the underlying shares, not the premium paid, so these figures look large and are not added to the portfolio. Nor does it say whether the option is bought or written, or its strike or expiry: it may be a hedge.
- PUTAppleAAPLnew this quarter$242M
- PUTBerkshire HathawayBRK/Bnew this quarter$12.5M
Source: SEC 13F filings show the portfolio at quarter end and are filed up to 45 days later: positions may have changed. They only cover U.S.-listed stocks and some others; no short positions or cash. Not investment advice.