What stocks does David Tepper own?

As of the Q1 2026 13F filing, David Tepper disclosed 31 positions. The largest holdings include AMZN (15.2%), MU (9.5%), GOOGL (8.4%).

What is David Tepper's largest holding?

AMZN (AMAZON COM INC), representing 15.2% of the disclosed portfolio.

How concentrated is David Tepper's portfolio?

The top 5 holdings represent 48.3% 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 2026-03-31, dated May 15, 2026.

What changed in David Tepper's portfolio last quarter?

Quarter-over-quarter changes: 2 new positions, 9 exits, 6 increased, 23 reduced.

About David Tepper

**David Tepper / Appaloosa Management**

David Tepper is the founder and president of Appaloosa Management, a New Jersey-based hedge fund known for thematic growth positioning across equities. As of the Q1 2026 13F filing, submitted May 15, 2026, the firm reported a portfolio valued at approximately $5.9 billion, distributed across 31 disclosed equity positions. The breadth of the portfolio reflects a relatively concentrated structure compared to multi-hundred-position institutional peers.

The latest filing shows the portfolio anchored by five positions that collectively represent 48.3% of total disclosed value. Amazon.com Inc. (AMZN) holds the largest allocation at 15.2%, followed by Micron Technology Inc. (MU) at 9.5%, Alphabet Inc. (GOOGL) at 8.4%, Uber Technologies Inc. (UBER) at 7.7%, and Taiwan Semiconductor Manufacturing Co. (TSM) at 7.6%. The largest reported sector classification is "Unclassified," accounting for 43.8% of the portfolio, with the remaining exposure distributed across identifiable technology-adjacent categories. The top holdings are concentrated in semiconductor, cloud commerce, and platform technology names.

Quarter-over-quarter activity in Q1 2026 reflected significant restructuring of the portfolio. Appaloosa disclosed 9 full exits and initiated 2 new positions during the period. The firm increased 6 existing holdings while reducing exposure across 23 positions — a ratio that reflects broad-based trimming relative to selective additions. The net effect was a substantially higher turnover quarter, with reductions outnumbering increases by nearly four to one.

All data sourced from SEC 13F filings.

Frequently asked questions

What stocks does David Tepper own?: As of the Q1 2026 13F filing, David Tepper disclosed 31 positions. The largest holdings include AMZN (15.2%), MU (9.5%), GOOGL (8.4%).
What is David Tepper's largest holding?: AMZN (AMAZON COM INC), representing 15.2% of the disclosed portfolio.
What sectors is David Tepper exposed to?: The portfolio's largest sector exposures are Unclassified (43.8%), Consumer Discretionary (23.4%), Information Technology (18.7%). 6 sectors are represented in total.
How concentrated is David Tepper's portfolio?: The top 5 holdings represent 48.3% 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 2026-03-31, dated May 15, 2026.
What changed in David Tepper's portfolio last quarter?: Quarter-over-quarter changes: 2 new positions, 9 exits, 6 increased, 23 reduced.

David Tepper

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

Appaloosa Management · Distressed / opportunistic

Latest filingQ1 2026· filed May 15, 2026· report period Mar 31, 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

$5.9B

Holdings: 31
Turnover (LTM): 100%
Persistence (QoQ): 92%
First 13F: Q3 2025

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Investor Fingerprint

David Tepper

v1 · 4-axis

LowHigh

Descriptive snapshot computed from this investor's most recent public 13F filing dated 2026-03-31. Educational research, not investment advice.

Portfolio DNA

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

Diversified
Moderate
Even Weights
Moderate
Sector Tilt
Above Avg.
High Turnover
Very High
Persistent Thesis
Very High
Tech-Heavy
High

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

48%

Concentration

Top 5 Holdings · 48%

Diversified

Investor Style

Thematic Growth

Concentrated in tech and AI themes with active position management.

Fingerprint SummaryAI-generated · educational research only

The portfolio holds 31 positions valued at approximately $5.9 billion, with the top five positions accounting for 48.3% of total weight and an AI/Tech exposure score of 54, indicating meaningful concentration in that sector cluster. Sector tilt registers at 29.7, reflecting a moderately skewed allocation rather than broad diversification across industries. Despite a trailing twelve-month turnover reading of 100, position persistence stands at 92%, suggesting that most existing holdings were retained quarter-over-quarter while overall churn metrics remain elevated.

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™

Pro

Portfolio-positioning signal · 2026-Q1 · based on public filings

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See the implied macro positioning of every tracked super investor — inflation view, GDP outlook, rate bias, growth vs value tilt, and more. Derived from public 13F filing data. For research purposes only.

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Inferred from public filing data. For informational purposes only. Not financial advice.

Investor Inflation & Dollar Outlook™

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

ConfidenceHigh (75%)

Inflation

29/100

Falling Inflation Bias

← FallingNeutralRising →

Key moves: -IAU, -MPLX

U.S. Dollar

62/100

Weak Dollar Bias

← StrongNeutralWeak →

Key moves: -BABA, -IAU

Recent allocation changes include reductions in inflation-sensitive positions (IAU, MPLX), with increased weight in defensive and long-duration assets. This shift in positioning is consistent with reduced near-term inflation concern as implied by observable portfolio weights. Allocation to gold, commodities, and international-linked assets implies a relative dollar-weakness signal from observable portfolio positioning. 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™

Concentrated

Top 5 → 48%

Top 10 → 74%

Largest Position

AMZN

AMAZON COM INC

15.2%of portfolio

$899.7M market value

Conviction Holdings

Positions > 5% of portfolio

AMZN15.2%
MU9.5%
GOOGL8.4%
UBER7.7%
TSM7.6%
+2 more

Top 10 Holdings

#	Stock	% Portfolio	Cumulative
1	AMZN AMAZON COM INC	15.2%	15.2%
2	MU MICRON TECHNOLOGY INC	9.5%	24.6%
3	GOOGL ALPHABET INC	8.4%	33.0%
4	UBER UBER TECHNOLOGIES INC	7.7%	40.7%
5	TSM TAIWAN SEMICONDUCTOR MANUFAC	7.6%	48.3%
6	BABA ALIBABA GROUP HLDG LTD	7.3%	55.6%
7	VST VISTRA CORP	5.1%	60.7%
8	ETHB ISHARES INC	5.0%	65.7%
9	NVDA NVIDIA CORPORATION	4.3%	70.0%
10	NRG NRG ENERGY INC	4.3%	74.3%

Sector Allocation

Unclassified43.8%
Consumer Discretionary23.4%
Information Technology18.7%
Communication Services12.6%
Industrials1.1%
Health Care0.4%

Unclassified43.8%

Consumer Discretionary23.4%

Information Technology18.7%

Communication Services12.6%

Industrials1.1%

Health Care0.4%

About

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

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Top 10 holdings

AMZNAMAZON COM INC
$899.7M15.2%
MUMICRON TECHNOLOGY INC
$562.5M9.5%
GOOGLALPHABET INC
$497M8.4%
UBERUBER TECHNOLOGIES INC
$455.5M7.7%
TSMTAIWAN SEMICONDUCTOR MANUFAC
$448.6M7.6%
BABAALIBABA GROUP HLDG LTD
$434.7M7.3%
VSTVISTRA CORP
$304M5.1%
ETHBISHARES INC
$295.2M5.0%
NVDANVIDIA CORPORATION
$256.6M4.3%
NRGNRG ENERGY INC
$253.5M4.3%

Sector exposure

Unclassified43.8%
Consumer Discretionary23.4%
Information Technology18.7%
Communication Services12.6%
Industrials1.1%
Health Care0.4%

New positions

ETHBISHARES INC
New
SNDKSANDISK CORP
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
BIDUBAIDU INC
Increased
NRGNRG ENERGY INC
Increased
TSMTAIWAN SEMICONDUCTOR MANUFAC
Increased
UBERUBER TECHNOLOGIES INC
Increased
VSTVISTRA CORP
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

Ticker unavailableCUSIP 29273V100ENERGY TRANSFER L P
Reduced
Ticker unavailableCUSIP 500767306KRANESHARES TRUST
Reduced
AMDADVANCED MICRO DEVICES INC
Reduced
ASMLASML HLDG NV
Reduced
BABAALIBABA GROUP HLDG LTD
Reduced
BALLBALL 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 02376R102AMERICAN AIRLS GROUP INC
Sold
Ticker unavailableCUSIP 382550101GOODYEAR TIRE & RUBR CO
Sold
Ticker unavailableCUSIP 464287184ISHARES TR
Sold
Ticker unavailableCUSIP 910047109UNITED AIRLS HLDGS INC
Sold
DALDELTA AIR LINES INC DEL
Sold
IAUISHARES 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: $5.9B

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	4.3M	$899.7M	15.16%	98.22%	Increased
MU	MICRON TECHNOLOGY INC	1.7M	$562.5M	9.48%	-4.86%	Reduced
GOOGL	ALPHABET INC	1.7M	$497M	8.38%	-3.03%	Reduced
UBER	UBER TECHNOLOGIES INC	6.3M	$455.5M	7.68%	242.31%	Increased
TSM	TAIWAN SEMICONDUCTOR MANUFAC	1.3M	$448.6M	7.56%	17.48%	Increased
BABA	ALIBABA GROUP HLDG LTD	3.5M	$434.7M	7.33%	-32.56%	Reduced
VST	VISTRA CORP	2M	$304M	5.12%	114.00%	Increased
ETHB	ISHARES INC	2.4M	$295.2M	4.98%	—	New
NVDA	NVIDIA CORPORATION	1.5M	$256.6M	4.33%	-13.44%	Reduced
NRG	NRG ENERGY INC	1.7M	$253.5M	4.27%	5.76%	Increased
META	META PLATFORMS INC	436.5K	$249.7M	4.21%	-27.25%	Reduced
SNDK	SANDISK CORP	281.3K	$178.7M	3.01%	—	New
GLW	CORNING INC	1.1M	$153.6M	2.59%	-28.07%	Reduced
WHR	WHIRLPOOL CORP	2M	$105.1M	1.77%	-50.13%	Reduced
PDD	PDD HOLDINGS INC	900K	$92M	1.55%	-49.30%	Reduced
LRCX	LAM RESEARCH CORP	382.5K	$81.7M	1.38%	-10.00%	Reduced
BIDU	BAIDU INC	692.1K	$77.1M	1.30%	20.37%	Increased
LHX	L3HARRIS TECHNOLOGIES INC	198K	$68.3M	1.15%	-32.88%	Reduced
RTX	RTX CORPORATION	342K	$66M	1.11%	-31.60%	Reduced
ASML	ASML HLDG NV	49.5K	$65.4M	1.10%	-20.80%	Reduced
QCOM	QUALCOMM INC	498.6K	$64.2M	1.08%	-56.45%	Reduced
BALL	BALL CORP	837K	$49.5M	0.83%	-30.25%	Reduced
AMD	ADVANCED MICRO DEVICES INC	221.4K	$45M	0.76%	-31.88%	Reduced
JD	JD.COM INC	1.3M	$38.6M	0.65%	-68.61%	Reduced
LYFT	LYFT INC	2.7M	$35.9M	0.61%	-28.95%	Reduced
MSFT	MICROSOFT CORP	90K	$33.3M	0.56%	-82.00%	Reduced
Ticker unavailableCUSIP 500767306	KRANESHARES TRUST	1.1M	$30.7M	0.52%	-77.26%	Reduced
Ticker unavailableCUSIP 29273V100	ENERGY TRANSFER L P	1.6M	$30.4M	0.51%	-28.07%	Reduced
MPLX	MPLX LP	502.5K	$28.7M	0.48%	-19.93%	Reduced
UNH	UNITEDHEALTH GROUP INC	90K	$24.4M	0.41%	-55.00%	Reduced
Ticker unavailableCUSIP D18190898	DEUTSCHE BK AG	257.6K	$7.7M	0.13%	-91.82%	Reduced
Ticker unavailableCUSIP 02376R102	AMERICAN AIRLS GROUP INC	0	$0	0.00%	-100.00%	Sold
Ticker unavailableCUSIP 382550101	GOODYEAR TIRE & RUBR CO	0	$0	0.00%	-100.00%	Sold
Ticker unavailableCUSIP 464287184	ISHARES TR	0	$0	0.00%	-100.00%	Sold
Ticker unavailableCUSIP 910047109	UNITED AIRLS HLDGS INC	0	$0	0.00%	-100.00%	Sold
DAL	DELTA AIR LINES INC DEL	0	$0	0.00%	-100.00%	Sold
IAU	ISHARES INC	0	$0	0.00%	-100.00%	Sold
IQV	IQVIA HLDGS INC	0	$0	0.00%	-100.00%	Sold
MHK	MOHAWK INDS INC	0	$0	0.00%	-100.00%	Sold
OC	OWENS CORNING NEW	0	$0	0.00%	-100.00%	Sold

AMZNIncreased
AMAZON COM INC
Position value
$899.7M
Portfolio %
15.16%
Delta Shares
98.22%
MUReduced
MICRON TECHNOLOGY INC
Position value
$562.5M
Portfolio %
9.48%
Delta Shares
-4.86%
GOOGLReduced
ALPHABET INC
Position value
$497M
Portfolio %
8.38%
Delta Shares
-3.03%
UBERIncreased
UBER TECHNOLOGIES INC
Position value
$455.5M
Portfolio %
7.68%
Delta Shares
242.31%
TSMIncreased
TAIWAN SEMICONDUCTOR MANUFAC
Position value
$448.6M
Portfolio %
7.56%
Delta Shares
17.48%
BABAReduced
ALIBABA GROUP HLDG LTD
Position value
$434.7M
Portfolio %
7.33%
Delta Shares
-32.56%
VSTIncreased
VISTRA CORP
Position value
$304M
Portfolio %
5.12%
Delta Shares
114.00%
ETHBNew
ISHARES INC
Position value
$295.2M
Portfolio %
4.98%
Delta Shares
—
NVDAReduced
NVIDIA CORPORATION
Position value
$256.6M
Portfolio %
4.33%
Delta Shares
-13.44%
NRGIncreased
NRG ENERGY INC
Position value
$253.5M
Portfolio %
4.27%
Delta Shares
5.76%
METAReduced
META PLATFORMS INC
Position value
$249.7M
Portfolio %
4.21%
Delta Shares
-27.25%
SNDKNew
SANDISK CORP
Position value
$178.7M
Portfolio %
3.01%
Delta Shares
—
GLWReduced
CORNING INC
Position value
$153.6M
Portfolio %
2.59%
Delta Shares
-28.07%
WHRReduced
WHIRLPOOL CORP
Position value
$105.1M
Portfolio %
1.77%
Delta Shares
-50.13%
PDDReduced
PDD HOLDINGS INC
Position value
$92M
Portfolio %
1.55%
Delta Shares
-49.30%
LRCXReduced
LAM RESEARCH CORP
Position value
$81.7M
Portfolio %
1.38%
Delta Shares
-10.00%
BIDUIncreased
BAIDU INC
Position value
$77.1M
Portfolio %
1.30%
Delta Shares
20.37%
LHXReduced
L3HARRIS TECHNOLOGIES INC
Position value
$68.3M
Portfolio %
1.15%
Delta Shares
-32.88%
RTXReduced
RTX CORPORATION
Position value
$66M
Portfolio %
1.11%
Delta Shares
-31.60%
ASMLReduced
ASML HLDG NV
Position value
$65.4M
Portfolio %
1.10%
Delta Shares
-20.80%
QCOMReduced
QUALCOMM INC
Position value
$64.2M
Portfolio %
1.08%
Delta Shares
-56.45%
BALLReduced
BALL CORP
Position value
$49.5M
Portfolio %
0.83%
Delta Shares
-30.25%
AMDReduced
ADVANCED MICRO DEVICES INC
Position value
$45M
Portfolio %
0.76%
Delta Shares
-31.88%
JDReduced
JD.COM INC
Position value
$38.6M
Portfolio %
0.65%
Delta Shares
-68.61%
LYFTReduced
LYFT INC
Position value
$35.9M
Portfolio %
0.61%
Delta Shares
-28.95%
MSFTReduced
MICROSOFT CORP
Position value
$33.3M
Portfolio %
0.56%
Delta Shares
-82.00%
Ticker unavailableCUSIP 500767306Reduced
KRANESHARES TRUST
Position value
$30.7M
Portfolio %
0.52%
Delta Shares
-77.26%
Ticker unavailableCUSIP 29273V100Reduced
ENERGY TRANSFER L P
Position value
$30.4M
Portfolio %
0.51%
Delta Shares
-28.07%
MPLXReduced
MPLX LP
Position value
$28.7M
Portfolio %
0.48%
Delta Shares
-19.93%
UNHReduced
UNITEDHEALTH GROUP INC
Position value
$24.4M
Portfolio %
0.41%
Delta Shares
-55.00%
Ticker unavailableCUSIP D18190898Reduced
DEUTSCHE BK AG
Position value
$7.7M
Portfolio %
0.13%
Delta Shares
-91.82%
Ticker unavailableCUSIP 02376R102Sold
AMERICAN AIRLS GROUP INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
Ticker unavailableCUSIP 382550101Sold
GOODYEAR TIRE & RUBR CO
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
Ticker unavailableCUSIP 464287184Sold
ISHARES TR
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
Ticker unavailableCUSIP 910047109Sold
UNITED AIRLS HLDGS INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
DALSold
DELTA AIR LINES INC DEL
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
IAUSold
ISHARES INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
IQVSold
IQVIA HLDGS INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
MHKSold
MOHAWK INDS INC
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%
OCSold
OWENS CORNING NEW
Position value
$0
Portfolio %
0.00%
Delta Shares
-100.00%

Sector breakdown

Unclassified43.8%
Consumer Discretionary23.4%
Information Technology18.7%
Communication Services12.6%
Industrials1.1%
Health Care0.4%

Filing history

13F-HR · Q1 2026
Filed May 15, 2026
View on SEC ↗

2 earlier filings available on Pro. Upgrade for full quarter-over-quarter history →