13F.
Appaloosa LP
13F-HR

Q3 2025

Period Sep 30, 2025Filed Nov 13, 2025View on EDGAR ↗
Positions
45
Total value
$7.38B
Top 10 concentration
57.6%
New positions
10

Exited positionsvs. Q2 2025

  • INTEL CORP ($179.2M)
  • ORACLE CORP ($32.79M)
  • KE HLDGS INC ($26.61M)

Holdings · 45

#Class
1
ALIBABA GROUP HLDG LTD
01609W102
SPONSORED ADS$1.15B15.61%6,450,000-8.7%
2
AMAZON COM INC
023135106
COM$548.93M7.43%2,500,000-7.4%
3
WHIRLPOOL CORP
963320106
COM$432.3M5.85%5,500,000+1967.0%
4
NVIDIA CORPORATION
67066G104
COM$354.5M4.80%1,900,000+8.6%
5
ALPHABET INC
02079K107
CAP STK CL C$337.93M4.58%1,387,500-7.5%
6
KRANESHARES TRUST
500767306
CSI CHI INTERNET$310.87M4.21%7,400,000+85.0%
7
NRG ENERGY INC
629377508
COM NEW$302.85M4.10%1,870,000-5.6%
8
TAIWAN SEMICONDUCTOR MFG LTD
874039100
SPONSORED ADS$296.05M4.01%1,060,000+3.4%
9
META PLATFORMS INC
30303M102
CL A$271.72M3.68%370,000-7.5%
10
VISTRA CORP
92840M102
COM$243.92M3.30%1,245,000-30.8%
11
MICROSOFT CORP
594918104
COM$239.55M3.24%462,500-7.5%
12
PDD HOLDINGS INC
722304102
SPONSORED ADS$237.91M3.22%1,800,000-10.0%
13
UBER TECHNOLOGIES INC
90353T100
COM$235.81M3.19%2,406,983-12.5%
14
JD.COM INC
47215P106
SPON ADS CL A$217.75M2.95%6,225,000-11.1%
15
QUALCOMM INC
747525103
COM$207.12M2.81%1,245,000+255.7%
16
ADVANCED MICRO DEVICES INC
007903107
COM$153.7M2.08%950,000New
17
BAIDU INC
056752108
SPON ADR REP A$137.7M1.86%1,045,000+67.2%
18
DEUTSCHE BANK A G
D18190898
NAMEN AKT$134.2M1.82%3,790,000-5.3%
19
CORNING INC
219350105
COM$133.3M1.81%1,625,000-7.1%
20
LYFT INC
55087P104
CL A COM$123.26M1.67%5,600,000-30.0%
21
FISERV INC
337738108
COM$119.26M1.62%925,000New
22
AMERICAN AIRLS GROUP INC
02376R102
COM$103.97M1.41%9,250,000New
23
L3HARRIS TECHNOLOGIES INC
502431109
COM$91.62M1.24%300,000-14.3%
24
RTX CORPORATION
75513E101
COM$85.25M1.15%509,500-12.9%
25
ENERGY TRANSFER L P
29273V100
COM UT LTD PTN$85.07M1.15%4,957,235
26
MICRON TECHNOLOGY INC
595112103
COM$83.66M1.13%500,000-39.4%
27
UNITEDHEALTH GROUP INC
91324P102
COM$70.27M0.95%203,500-91.7%
28
TRUIST FINL CORP
89832Q109
COM$63.44M0.86%1,387,500New
29
ASML HOLDING N V
N07059210
N Y REGISTRY SHS$61.96M0.84%64,000-8.6%
30
CAESARS ENTERTAINMENT INC NE
12769G100
COM$56.75M0.77%2,100,000
31
IQVIA HLDGS INC
46266C105
COM$54.13M0.73%285,000-5.0%
32
LAM RESEARCH CORP
512807306
COM NEW$49.54M0.67%370,000-7.5%
33
ISHARES TR
464287184
CHINA LG-CAP ETF$45.67M0.62%1,110,000+11.0%
34
UNITED AIRLS HLDGS INC
910047109
COM$44.63M0.60%462,500-15.9%
35
GOODYEAR TIRE & RUBR CO
382550101
COM$38.45M0.52%5,140,000+496.4%
36
KEYCORP
493267108
COM$37.75M0.51%2,020,000New
37
CITIZENS FINL GROUP INC
174610105
COM$31.9M0.43%600,000New
38
COMERICA INC
200340107
COM$31.69M0.43%462,500New
39
BLOCK INC
852234103
CL A$26.74M0.36%370,000-42.3%
40
MPLX LP
55336V100
COM UNIT REP LTD$26.72M0.36%535,000-7.5%
41
DELTA AIR LINES INC DEL
247361702
COM NEW$26.25M0.36%462,500-15.9%
42
OWENS CORNING NEW
690742101
COM$22.85M0.31%161,500New
43
MOHAWK INDS INC
608190104
COM$20.82M0.28%161,500+148.5%
44
WESTERN ALLIANCE BANCORP
957638109
COM$16.91M0.23%195,000New
45
ZIONS BANCORPORATION N A
989701107
COM$16.13M0.22%285,000New
Total filing value: $7.38B