Hedge Fund · CIK 0001656456

David Tepper

Appaloosa
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David Tepper runs Appaloosa, a hedge fund overseeing $6.93B in disclosed equity holdings (SEC CIK 0001656456). The latest portfolio (2025Q4) discloses 38 positions across 7 sectors, with the largest positions in BABA, GOOG and AMZN. On a mark-to-market basis the tracked portfolio has returned 60.1% over the past year. OpenStocks tracks 40 consecutive quarterly snapshots for this manager — every position change, new entry, and exit is logged below.

Track David's filingsView holdings
Portfolio
$6.93B
Positions
38
Quarter
2025Q4
Filings tracked
40
1Y+60.1%3Y+238.7%5Y-97.9%Full performance →
Quarter
2025Q42025Q32025Q22025Q12024Q42024Q32024Q22024Q12023Q42023Q32023Q22023Q1
1-YearTWR
+60.08%
since 2024Q4
3-YearTWR
+238.69%
since 2022Q4
5-YearTWR
-97.92%
since 2020Q4
10-Year
—
insufficient history

Performance overview

We mark David Tepper (Appaloosa)'s disclosed portfolio to current market prices and compare its growth against the S&P 500 (SPY). David's portfolio is 60.1% over the last 12 months · 142.1% since 2016Q1.

Portfolio growth vs SPY
Rebased to 100 at 2016Q1 · through 2025Q4
David Tepper
+37.3%
SPY
—
-17441051662272016Q12020Q42025Q4
Portfolio line tracks reported AUM (mark-to-market on filing dates). It includes inflows/outflows so it isn't a pure time-weighted return — same convention as Dataroma and StockCircle.
Capital flow per quarter
BuysSellsNet
+$3.64B+$1.82B$0-$1.82B-$3.64B'22Q1'22Q2'22Q3'22Q4'23Q1'23Q2'23Q3'23Q4'24Q1'24Q2'24Q3'24Q4'25Q1'25Q2'25Q3'25Q4
Latest · 2025Q4
-$372M
Lifetime buys
$14.12B
Lifetime sells
$15.03B
Portfolio over time
AUMPositions
$0$2.44B$4.87B$7.38B4522'22Q1'23Q4'25Q4
QoQ AUM
-7.2%
16Q lifetime AUM
+174.3%
QoQ positions
-7
16Q lifetime positions
+4
Position concentration
38 positions
Top 1
12%
of book