David Tepper - Appaloosa Management
Superinvestor profile · Rank #64 by reported 13F value (2026 Q2 filers) · CIK 0001656456 · All profiles
Founded 1993Miami Beach, FLDistressed debt and event-driven opportunistic investing in global public equity and fixed incomeKey person: David Tepper
Reported 13F value
$7.7B
Period 2026-06-30 · Filed 2026-08-14
Positions
27
Top 10 = 78.9% of value
Clone CAGR (full window)
+18.7%
2016-11-14 → 2026-10-02 · cumulative +444%
SPY CAGR (same window)
+15.5%
Cumulative +316%
Max drawdown (monthly)
-28%
Month-end values, approximate
Latest-quarter activity
8 new · 12 exited
11 increased · 5 decreased
Hypothetical clone — not this fund's returns. The performance on this page replicates only the long U.S. equity positions disclosed on this manager's Form 13F filings, rebalanced on filing dates at disclosed weights with dividend-adjusted prices. It excludes shorts, bonds, cash, non-U.S. listings, private holdings, leverage and fees. Treat it as a measure of how the disclosed stock picks performed, never as the fund's track record. Evidence: filing-by-filing dossier (PDF) · Methodology (PDF)
Clone performance
| Window | Clone CAGR | Note |
|---|---|---|
| Full window (2016-11-14 → 2026-10-02, 40 filings) | +18.70% | Cumulative +443.9% vs SPY +316.1% |
| Trailing 10Y | — | |
| Trailing 5Y | +21.86% | |
| Trailing 3Y | +32.52% | |
| Trailing 1Y | +15.40% |
Top holdings — 2026 Q2 filing
| Ticker | Company | Weight | Reported value |
|---|---|---|---|
| AMZN | Amazon Com Inc | 15.43% | $1.2B |
| MU | Micron Technology Inc | 14.57% | $1.1B |
| TSM | Taiwan Semiconductor Manufac | 10.20% | $788M |
| GOOG | Alphabet Inc | 8.46% | $654M |
| UBER | Uber Technologies Inc | 7.19% | $555M |
| EWY | Ishares Inc | 6.34% | $490M |
| META | Meta Platforms Inc | 4.92% | $380M |
| VST | Vistra Corp | 4.55% | $351M |
| NVDA | Nvidia Corporation | 3.95% | $305M |
| NRG | Nrg Energy Inc | 3.33% | $257M |
As reported on the 2026-06-30 Form 13F (filed 2026-08-14). Full holdings and quarter changes: holdings page.
Filing history in this profile
Every clone input traces to one of these SEC filings. 98.7% of the latest filing's reported value is covered by our price history; the remainder is mostly non-U.S. listings, recent IPOs or delisted names and is excluded from the clone.
Background (founded / HQ / style) source: https://en.wikipedia.org/wiki/Appaloosa_Management — Founded in 1993 by David Tepper and Jack Walton in Chatham, NJ. Relocated to Florida in 2016, now headquartered in Miami Beach. Returned most outside capital in 2019 and operates primarily as a family office for Tepper. Tepper is founder and president.