What stocks does David Tepper own?

As of the Q2 2026 13F filing, David Tepper disclosed 27 positions. The largest holdings include AMZN (15.4%), MU (14.6%), TSM (10.2%).

What is David Tepper's largest holding?

AMZN (AMAZON COM INC), representing 15.4% of the disclosed portfolio.

How concentrated is David Tepper's portfolio?

The top 5 holdings represent 55.9% of total portfolio value.

When did David Tepper last file a 13F?

David Tepper filed the most recent Form 13F-HR for the period ending 2026-06-30, dated Aug 14, 2026.

What changed in David Tepper's portfolio last quarter?

Quarter-over-quarter changes: 9 new positions, 13 exits, 10 increased, 5 reduced.

About David Tepper

# David Tepper / Appaloosa Management

David Tepper, founder and principal of Appaloosa Management, filed a Q2 2026 13F disclosure on August 14, 2026, reporting $7.7 billion in equity holdings across 27 positions. The portfolio reflects a concentrated approach to thematic growth investing, with a subset of core positions anchoring the fund's capital allocation strategy.

The latest filing reveals Amazon (15.4%), Micron Technology (14.6%), and Taiwan Semiconductor Manufacturing (10.2%) as the three largest holdings. Alphabet and Uber Technologies round out the top five, representing 8.5% and 7.2% of portfolio value, respectively. Together, these five positions account for 55.9% of total portfolio value. An unclassified sector bucket comprises 30.5% of holdings, with the remainder distributed across technology, consumer, and industrial positions.

In the quarter ended June 30, 2026, Appaloosa reported material portfolio activity. The fund established nine new positions, exited thirteen prior holdings, and adjusted sizing on fifteen existing positions—increasing ten positions and reducing five. This turnover pattern reflects active portfolio rebalancing and thematic repositioning within the fund's investment framework, consistent with documented quarterly activity levels.

All data sourced from SEC 13F filings.

Frequently asked questions

What stocks does David Tepper own?: As of the Q2 2026 13F filing, David Tepper disclosed 27 positions. The largest holdings include AMZN (15.4%), MU (14.6%), TSM (10.2%).
What is David Tepper's largest holding?: AMZN (AMAZON COM INC), representing 15.4% of the disclosed portfolio.
What sectors is David Tepper exposed to?: The portfolio's largest sector exposures are Unclassified (30.5%), Information Technology (27.9%), Consumer Discretionary (22.6%). 6 sectors are represented in total.
How concentrated is David Tepper's portfolio?: The top 5 holdings represent 55.9% of total portfolio value.
When did David Tepper last file a 13F?: David Tepper filed the most recent Form 13F-HR for the period ending 2026-06-30, dated Aug 14, 2026.
What changed in David Tepper's portfolio last quarter?: Quarter-over-quarter changes: 9 new positions, 13 exits, 10 increased, 5 reduced.

David Tepper

Name: David Tepper — 13F Portfolio Holdings
Creator: InvestorLens
License: https://www.sec.gov/about/website-policies

Appaloosa Management · Distressed / opportunistic

Latest filingQ2 2026· filed Aug 14, 2026· report period Jun 30, 2026

View on SEC EDGAR ↗

For educational research only.InvestorLens analyzes public regulatory filings (SEC EDGAR, STOCK Act PTRs) that may be delayed by 45 days or more. Information shown is historical and is not financial, legal, or tax advice, nor a recommendation or solicitation to buy or sell any security. Always do your own research.

Portfolio Value

$7.7B

Holdings: 27
Turnover (LTM): 100%
Persistence (QoQ): 84%
First 13F: Q3 2023

View Full Profile

Investor Fingerprint

David Tepper

v1 · 4-axis

LowHigh

Descriptive snapshot computed from this investor's most recent public 13F filing dated 2026-06-30. Educational research, not investment advice.

Portfolio DNA

Categorical breakdown from this investor's 13F. Hover any row for the formula.

Concentrated
High
Even Weights
Moderate
Sector Tilt
Above Avg.
High Turnover
Very High
Persistent Thesis
Very High
AI-Heavy
Very High

Six descriptive labels derived from public 13F data. Additional axes (Value, Quality, Growth, Dividends) require fundamentals data and ship in v2.

56%

Concentration

Top 5 Holdings · 56%

Concentrated

Investor Style

Thematic Growth

Concentrated in tech and AI themes with active position management.

Fingerprint SummaryAI-generated · educational research only

The portfolio is moderately concentrated with top-5 holdings representing 55.8% of assets across 27 positions, while maintaining relatively balanced position sizing (HHI of 8.3) that prevents excessive single-stock risk. Holdings demonstrate strong persistence at 83.6% quarter-over-quarter retention paired with complete annual turnover, indicating selective core positions supplemented by tactical trading activity. The portfolio shows elevated exposure to AI and technology themes at 66.9 with a 24.2 sector tilt, concentrated in growth-oriented equities.

AI-generated analysis. This summary is produced by an automated language model from public regulatory filings. It may contain errors, omissions, or outdated information, and is provided for educational research only — not as financial, legal, or tax advice, a recommendation, or a solicitation to buy or sell any security.

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Investor Macro Outlook™

Portfolio-positioning signal · 2026-Q2 · based on public filings

ConfidenceModerate (66%)

Inflationi

Bearish

Dollari

Strong

GDPi

Expanding

Employmenti

Strong

Ratesi

Neutral

Energyi

Bearish

Technologyi

Bullish

Fixed Incomei

Minimal

Growth vs Valuei

Growth tilt

← Pure ValuePure Growth →

David Tepper's portfolio positioning shows meaningful technology and AI/digital infrastructure exposure. with minimal allocation to inflation-sensitive sectors. The overall sector mix is pro-cyclical, with heavier weight in economically sensitive industries. The portfolio shows a growth-oriented tilt (implied growth score: 100/100).

Macro Trend — last 4 quarters

	2025-Q3	2025-Q4	2026-Q1	2026-Q2
Inflation	Bearish	Neutral↑	Bearish↓	Bearish→
GDP	Expanding	Expanding↓	Expanding↑	Expanding→
Rates	Neutral	Neutral↓	Neutral→	Neutral→
Energy	Bearish	Bearish→	Bearish→	Bearish→
Technology	Low	Low→	Bullish↑	Bullish→
Growth / Value	Growth	Growth↓	Growth↑	Growth→

This analysis is inferred from public filing data and portfolio positioning. It is for informational purposes only and is not financial advice. Scores represent implied macro views based on sector weights and quarter-over-quarter changes in public 13F disclosures — not predictions, buy/sell signals, or guaranteed forecasts.

Investor Inflation & Dollar Outlook™

Portfolio-positioning signal · based on public 13F filings · not investment advice

ConfidenceHigh (76%)

Inflation

41/100

Neutral Inflation Bias

← FallingNeutralRising →

U.S. Dollar

14/100

Strong Dollar Bias

← StrongNeutralWeak →

Key moves: -BABA, -JD

Portfolio allocation across inflation-sensitive and defensive assets does not show a strong directional tilt, suggesting a broadly balanced implied inflation view based on observable holdings. Dollar-sensitive positioning — including exposure to short-duration domestic assets and limited international/commodity allocation — reflects a relative dollar-strength signal from observable holdings. This analysis is based on public 13F filing data and observable portfolio positioning only. It is for informational purposes only and should not be considered investment advice.

This analysis is based on public filings and portfolio positioning. It is for informational purposes only and should not be considered investment advice. Scores represent implied views inferred from observable 13F sector weights and quarter-over-quarter changes only — not predictions or guaranteed forecasts.

Portfolio Analytics™

Based on latest 13F

/100

Concentration Score™

Highly Concentrated

Top 5 → 56%

Top 10 → 79%

Largest Position

AMZN

AMAZON COM INC

15.4%of portfolio

$1.2B market value

Conviction Holdings

Positions > 5% of portfolio

AMZN15.4%
MU14.6%
TSM10.2%
GOOGL8.5%
UBER7.2%
+1 more

Top 10 Holdings

#	Stock	% Portfolio	Cumulative
1	AMZN AMAZON COM INC	15.4%	15.4%
2	MU MICRON TECHNOLOGY INC	14.6%	30.0%
3	TSM TAIWAN SEMICONDUCTOR MANUFAC	10.2%	40.2%
4	GOOGL ALPHABET INC	8.5%	48.7%
5	UBER UBER TECHNOLOGIES INC	7.2%	55.9%
6	IBIT ISHARES INC	6.3%	62.2%
7	META META PLATFORMS INC	4.9%	67.1%
8	VST VISTRA CORP	4.5%	71.7%
9	NVDA NVIDIA CORPORATION	4.0%	75.6%
10	NRG NRG ENERGY INC	3.3%	78.9%

Sector Allocation

Unclassified30.5%
Information Technology27.9%
Consumer Discretionary22.6%
Communication Services13.4%
Utilities3.3%
Industrials2.2%

Unclassified30.5%

Information Technology27.9%

Consumer Discretionary22.6%

Communication Services13.4%

Utilities3.3%

Industrials2.2%

Portfolio Risk Profile™

Elevated

Structure of disclosed 13F positions — not a prediction of returns

55/100

45% concentration · 35% sector · 20% turnover

Concentration

Elevated

59/100

·Top position AMZN is 15.4% of the portfolio
·Top 10 holdings account for 78.9% of value
·27 total positions (HHI 0.083)

Sector exposure

Low

33/100

·Information Technology is the largest classified sector at 40.2% of classified value
·Exposure spans 5 sectors (sector HHI 0.31)
·Next largest: Consumer Discretionary at 32.6%
·30.6% of value is unclassified and excluded from this score

Turnover

High

84/100

·33.8% of portfolio value rotated quarter-over-quarter
·9 new positions, 13 full exits

Largest sector weights

Unclassified 30.5%Information Technology 27.9%Consumer Discretionary 22.6%Communication Services 13.4%Utilities 3.3%Industrials 2.2%

AI risk read

The portfolio exhibits elevated structural concentration, with the top 10 holdings representing 78.9% of disclosed positions and Amazon alone comprising 15.4%. Information Technology dominates at 40.2% of the portfolio across only 27 total positions, creating sector clustering alongside position concentration. Quarterly turnover of 33.8% reflects substantial portfolio rotation, evidenced by 9 new entries and 13 exits in the period.

Derived solely from David Tepper's public 13F filings, which disclose long US equity positions only — shorts, options hedges, cash, and non-US holdings are not included. Educational research only, not financial advice.

About

Founder of Appaloosa Management. Known for distressed-debt and contrarian equity calls.

AI filing intelligenceEducational research only — not financial advice

Appaloosa Management increased exposure to mega-cap technology and infrastructure stocks in Q2 2026, adding $292 million to AMZN (680,000 shares), $339 million to TSM (322,500 shares), and $130 million to META (238,500 shares), while also establishing a new $490 million position in IBIT. The portfolio simultaneously trimmed exposure to semiconductor and international equities, reducing MU by 690,000 shares despite a $563 million remaining position and exiting BABA entirely with a $243 million reduction. Additionally, the manager exited a $295 million ETHB position entirely while maintaining modest increases in NVDA, GOOGL, UBER, and energy infrastructure via VST and NRG, suggesting a rotation toward large-cap AI beneficiaries and digital assets alongside energy infrastructure plays. Because 13F filings are delayed by up to 45 days, this should not be treated as real-time investment advice. Always do your own research.

Top 10 holdings

AMZNAMAZON COM INC
$1.2B15.4%
MUMICRON TECHNOLOGY INC
$1.1B14.6%
TSMTAIWAN SEMICONDUCTOR MANUFAC
$788M10.2%
GOOGLALPHABET INC
$653.7M8.5%
UBERUBER TECHNOLOGIES INC
$555.2M7.2%
IBITISHARES INC
$489.6M6.3%
METAMETA PLATFORMS INC
$380.2M4.9%
VSTVISTRA CORP
$351.4M4.5%
NVDANVIDIA CORPORATION
$305.1M4.0%
NRGNRG ENERGY INC
$257.1M3.3%

Sector exposure

Unclassified30.5%
Information Technology27.9%
Consumer Discretionary22.6%
Communication Services13.4%
Utilities3.3%
Industrials2.2%

New positions

Ticker unavailableCUSIP 382550101GOODYEAR TIRE & RUBR CO
New
AALAMERICAN AIRLINES GROUP INC
New
AAPLAPPLE INC
New
AVGOBROADCOM INC
New
BABOEING CO
New
BRK-BBERKSHIRE HATHAWAY INC DEL
New

Why this matters

Why a new position matters

Opening a new position can suggest the manager sees value or a thesis worth committing capital to. It does not necessarily mean they are bullish on the broader market — concentrated managers add positions infrequently while quants may rotate constantly.

Educational research only. Not financial advice.

Increased

AMZNAMAZON COM INC
Increased
ASMLASML HLDG NV
Increased
BIDUBAIDU INC
Increased
GOOGLALPHABET INC
Increased
METAMETA PLATFORMS INC
Increased
NRGNRG ENERGY INC
Increased

Why this matters

Why an increase matters

Adding to an existing position may indicate higher conviction, scaling into a thesis, or rebalancing toward a target weight. It does not necessarily mean the position is undervalued at the current price.

Educational research only. Not financial advice.

Reduced

AMDADVANCED MICRO DEVICES INC
Reduced
BABAALIBABA GROUP HLDG LTD
Reduced
MUMICRON TECHNOLOGY INC
Reduced
QCOMQUALCOMM INC
Reduced
WHRWHIRLPOOL CORP
Reduced

Why this matters

Why a reduction matters

Trimming a position may suggest portfolio rebalancing, profit-taking, or risk management. It does not necessarily mean the manager has turned bearish on the underlying company.

Educational research only. Not financial advice.

Sold out

Ticker unavailableCUSIP 500767306KRANESHARES TRUST
Sold
BALLBALL CORP
Sold
Ticker unavailableCUSIP D18190898DEUTSCHE BK AG
Sold
ETHBISHARES INC
Sold
GLWCORNING INC
Sold
JDJD.COM INC
Sold

Why this matters

Why a full exit matters

Fully exiting a position can suggest that the manager's thesis has played out, was wrong, or that capital is being redeployed elsewhere. It does not mean the company is broken — exits are often as much about portfolio fit as about the security itself.

Educational research only. Not financial advice.

Current holdings

Reported portfolio value: $7.7B

Reported values come from public SEC filings and may be delayed up to 45 days. Not investment advice.

Sourced from SEC EDGAR public filings

Ticker	Company	Shares	Reported position valuei	Portfolio weighti	Delta Shares	Status
AMZN	AMAZON COM INC	5M	$1.2B	15.43%	15.74%	Increased
MU	MICRON TECHNOLOGY INC	975K	$1.1B	14.57%	-41.44%	Reduced
TSM	TAIWAN SEMICONDUCTOR MANUFAC	1.7M	$788M	10.20%	24.29%	Increased
GOOGL	ALPHABET INC	1.9M	$653.7M	8.46%	6.77%	Increased
UBER	UBER TECHNOLOGIES INC	7.7M	$555.2M	7.19%	21.50%	Increased
IBIT	ISHARES INC	2.4M	$489.6M	6.34%	—	New
META	META PLATFORMS INC	675K	$380.2M	4.92%	54.64%	Increased
VST	VISTRA CORP	2.2M	$351.4M	4.55%	9.54%	Increased
NVDA	NVIDIA CORPORATION	1.5M	$305.1M	3.95%	3.64%	Increased
NRG	NRG ENERGY INC	1.8M	$257.1M	3.33%	1.47%	Increased
AAPL	APPLE INC	835K	$241.6M	3.13%	—	New
BABA	ALIBABA GROUP HLDG LTD	2M	$192M	2.48%	-42.28%	Reduced
BA	BOEING CO	800K	$173.2M	2.24%	—	New
LRCX	LAM RESEARCH CORP	382.5K	$165.7M	2.15%	0.00%	Unchanged
BIDU	BAIDU INC	1.3M	$148M	1.92%	87.11%	Increased
AAL	AMERICAN AIRLINES GROUP INC	7.5M	$135.5M	1.75%	—	New
AMD	ADVANCED MICRO DEVICES INC	197.5K	$114.7M	1.49%	-10.79%	Reduced
CRWV	COREWEAVE INC	1.1M	$107.3M	1.39%	—	New
ASML	ASML HLDG NV	50K	$99.5M	1.29%	1.01%	Increased
AVGO	BROADCOM INC	150K	$56.7M	0.73%	—	New
QCOM	QUALCOMM INC	250K	$46.2M	0.60%	-49.86%	Reduced
SPCX	SPACE EXPLORATION TECHN CORP	225K	$38.4M	0.50%	—	New
Ticker unavailableCUSIP 29273V100	ENERGY TRANSFER L P	1.6M	$30.1M	0.39%	0.00%	Unchanged
MPLX	MPLX LP	502.5K	$28.3M	0.37%	0.00%	Unchanged
WHR	WHIRLPOOL CORP	715K	$28.2M	0.36%	-63.33%	Reduced
BRK-B	BERKSHIRE HATHAWAY INC DEL	25K	$12.5M	0.16%	—	New
Ticker unavailableCUSIP 382550101	GOODYEAR TIRE & RUBR CO	1.5M	$10M	0.13%	—	New
Ticker unavailableCUSIP 500767306	KRANESHARES TRUST	0	$0	0.00%	-100.00%	Sold
BALL	BALL CORP	0	$0	0.00%	-100.00%	Sold
Ticker unavailableCUSIP D18190898	DEUTSCHE BK AG	0	$0	0.00%	-100.00%	Sold
ETHB	ISHARES INC	0	$0	0.00%	-100.00%	Sold
GLW	CORNING INC	0	$0	0.00%	-100.00%	Sold
JD	JD.COM INC	0	$0	0.00%	-100.00%	Sold
LHX	L3HARRIS TECHNOLOGIES INC	0	$0	0.00%	-100.00%	Sold
LYFT	LYFT INC	0	$0	0.00%	-100.00%	Sold
MSFT	MICROSOFT CORP	0	$0	0.00%	-100.00%	Sold
PDD	PDD HOLDINGS INC	0	$0	0.00%	-100.00%	Sold
RTX	RTX CORPORATION	0	$0	0.00%	-100.00%	Sold
SNDK	SANDISK CORP	0	$0	0.00%	-100.00%	Sold
UNH	UNITEDHEALTH GROUP INC	0	$0	0.00%	-100.00%	Sold

AMZNIncreased
AMAZON COM INC
Position value
$1.2B
Portfolio %
15.43%
Delta Shares
15.74%
MUReduced
MICRON TECHNOLOGY INC
Position value
$1.1B
Portfolio %
14.57%
Delta Shares
-41.44%
TSMIncreased
TAIWAN SEMICONDUCTOR MANUFAC
Position value
$788M
Portfolio %
10.20%
Delta Shares
24.29%
GOOGLIncreased
ALPHABET INC
Position value
$653.7M
Portfolio %
8.46%
Delta Shares
6.77%
UBERIncreased
UBER TECHNOLOGIES INC
Position value
$555.2M
Portfolio %
7.19%
Delta Shares
21.50%
IBITNew
ISHARES INC
Position value
$489.6M
Portfolio %
6.34%
Delta Shares
—
METAIncreased
META PLATFORMS INC
Position value
$380.2M
Portfolio %
4.92%
Delta Shares
54.64%
VSTIncreased
VISTRA CORP
Position value
$351.4M
Portfolio %
4.55%
Delta Shares
9.54%
NVDAIncreased
NVIDIA CORPORATION
Position value
$305.1M
Portfolio %
3.95%
Delta Shares
3.64%
NRGIncreased
NRG ENERGY INC
Position value
$257.1M
Portfolio %
3.33%
Delta Shares
1.47%
AAPLNew
APPLE INC
Position value
$241.6M
Portfolio %
3.13%
Delta Shares
—
BABAReduced
ALIBABA GROUP HLDG LTD
Position value
$192M
Portfolio %
2.48%
Delta Shares
-42.28%
BANew
BOEING CO
Position value
$173.2M
Portfolio %
2.24%
Delta Shares
—
LRCXUnchanged
LAM RESEARCH CORP
Position value
$165.7M
Portfolio %
2.15%
Delta Shares
0.00%
BIDUIncreased
BAIDU INC
Position value
$148M
Portfolio %
1.92%
Delta Shares
87.11%
AALNew
AMERICAN AIRLINES GROUP INC
Position value
$135.5M
Portfolio %
1.75%
Delta Shares
—
AMDReduced
ADVANCED MICRO DEVICES INC
Position value
$114.7M
Portfolio %
1.49%
Delta Shares
-10.79%
CRWVNew
COREWEAVE INC
Position value
$107.3M
Portfolio %
1.39%
Delta Shares
—
ASMLIncreased
ASML HLDG NV
Position value
$99.5M
Portfolio %
1.29%
Delta Shares
1.01%
AVGONew
BROADCOM INC
Position value
$56.7M
Portfolio %
0.73%
Delta Shares
—
QCOMReduced
QUALCOMM INC
Position value
$46.2M
Portfolio %
0.60%
Delta Shares
-49.86%
SPCXNew
SPACE EXPLORATION TECHN CORP
Position value
$38.4M
Portfolio %
0.50%
Delta Shares
—
Ticker unavailableCUSIP 29273V100Unchanged
ENERGY TRANSFER L P
Position value
$30.1M
Portfolio %
0.39%
Delta Shares
0.00%
MPLXUnchanged
MPLX LP
Position value
$28.3M
Portfolio %
0.37%
Delta Shares
0.00%
WHRReduced
WHIRLPOOL CORP
Position value
$28.2M
Portfolio %
0.36%
Delta Shares
-63.33%
BRK-BNew
BERKSHIRE HATHAWAY INC DEL
Position value
$12.5M
Portfolio %
0.16%
Delta Shares
—
Ticker unavailableCUSIP 382550101New
GOODYEAR TIRE & RUBR CO
Position value
$10M
Portfolio %
0.13%
Delta Shares
—
Ticker unavailableCUSIP 500767306Sold
KRANESHARES TRUST
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
BALLSold
BALL CORP
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
Ticker unavailableCUSIP D18190898Sold
DEUTSCHE BK AG
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
ETHBSold
ISHARES INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
GLWSold
CORNING INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
JDSold
JD.COM INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
LHXSold
L3HARRIS TECHNOLOGIES INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
LYFTSold
LYFT INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
MSFTSold
MICROSOFT CORP
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
PDDSold
PDD HOLDINGS INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
RTXSold
RTX CORPORATION
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
SNDKSold
SANDISK CORP
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
UNHSold
UNITEDHEALTH GROUP INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%

Sector breakdown

Unclassified30.5%
Information Technology27.9%
Consumer Discretionary22.6%
Communication Services13.4%
Utilities3.3%
Industrials2.2%

Filing history

13F-HR · Q2 2026
Filed Aug 14, 2026
View on SEC ↗
13F-HR · Q1 2026
Filed May 15, 2026
View on SEC ↗
13F-HR · Q4 2025
Filed Feb 17, 2026
View on SEC ↗
13F-HR · Q3 2025
Filed Nov 13, 2025
View on SEC ↗
13F-HR · Q2 2025
Filed Aug 14, 2025
View on SEC ↗
13F-HR · Q1 2025
Filed May 15, 2025
View on SEC ↗
13F-HR · Q4 2024
Filed Feb 10, 2025
View on SEC ↗
13F-HR · Q3 2024
Filed Nov 14, 2024
View on SEC ↗
13F-HR · Q2 2024
Filed Aug 14, 2024
View on SEC ↗
13F-HR · Q1 2024
Filed May 15, 2024
View on SEC ↗
13F-HR · Q4 2023
Filed Feb 14, 2024
View on SEC ↗
13F-HR · Q3 2023
Filed Nov 14, 2023
View on SEC ↗