Solvnode

David Tepper

Appaloosa LP

Report date Mar 31, 2025 · 25 quarters available

Filed May 15, 2025, 45 days after the quarter ended · 13F-HR 0001656456-25-000005

Q2 2026 13F data is not published yet; the SEC filing deadline is August 14, 2026.

Reported portfolio value$8.4B29.7% vs. previous quarter
Positions387 new, 6 closed
Top-five concentration60.4%of the reported portfolio
Largest positionSPYXSS SPDR S&P 500 FOSS FL ETF · 30.0% weight

Portfolio structure

Size by reported market value, hue by sector
Q1 2025

Sector allocation

Share of portfolio value · derived from SEC SIC codes, not licensed GICS data

Segments run in GICS sector order

  • Energy1.5%
  • Materials1.0%
  • Industrials0.7%
  • Consumer Discretionary35.7%
  • Health Care1.1%
  • Information Technology9.5%
  • Communication Services8.4%
  • Utilities5.6%
  • Real Estate0.5%
  • Unclassified1.6%
  • No Issuer Sector34.6%

97.5% of the value that can carry an issuer sector is classified; a further 34.6% of the portfolio has no issuer sector to resolve · rule set sic-sector-v2

Sector Allocation Over Time

All available quarters · Share of portfolio value
25 quarters

Classification coverage varies across these quarters, so part of a band's movement may be a change in what could be resolved rather than in what was held.

All positions

Sorted by portfolio weight, high to low
SPYXSS SPDR S&P 500 FOSS FL ETFCUSIP 78468R796
No Issuer Sector$2.52B
30.0%
New
BABAALIBABA GROUP HOLDING-SP ADRCUSIP 01609W102
Consumer Discretionary$1.22B
14.6%
Reduced
PDDPDD HOLDINGS INCCUSIP 722304102
Consumer Discretionary$0.52B
6.2%
Reduced
AMZNAMAZON.COM INCCUSIP 023135106Supply-chain analysis
Consumer Discretionary$0.48B
5.7%
Reduced
JDJD.COM INC-ADRCUSIP 47215P106
Consumer Discretionary$0.33B
3.9%
Reduced
METAMETA PLATFORMS INC-CLASS ACUSIP 30303M102
Communication Services$0.32B
3.8%
Increased
GOOGALPHABET INC-CL CCUSIP 02079K107
Communication Services$0.31B
3.7%
Increased
AAPLAPPLE INCCUSIP 037833100
Information Technology$0.28B
3.3%
New
VSTVISTRA CORPCUSIP 92840M102Supply-chain analysis
Utilities$0.27B
3.2%
Reduced
UBERUBER TECHNOLOGIES INCCUSIP 90353T100
Consumer Discretionary$0.23B
2.8%
Increased
FXIISHARES CHINA LARGE-CAP ETFCUSIP 464287184
No Issuer Sector$0.20B
2.4%
Reduced
NRGNRG ENERGY INCCUSIP 629377508
Utilities$0.20B
2.3%
Increased
MSFTMICROSOFT CORPCUSIP 594918104
Information Technology$0.19B
2.3%
Reduced
KWEBKRANESH CSI CHINA INTERNETCUSIP 500767306
No Issuer Sector$0.14B
1.7%
Reduced
LYFTLYFT INC-ACUSIP 55087P104
Consumer Discretionary$0.11B
1.3%
Reduced
ORCLORACLE CORPCUSIP 68389X105
Information Technology$0.10B
1.2%
Reduced
ETENERGY TRANSFER LPCUSIP 29273V100
Energy$0.09B
1.1%
Increased
UNHUNITEDHEALTH GROUP INCCUSIP 91324P102
Health Care$0.09B
1.1%
Increased
Ticker unavailableDEUTSCHE BANK AGCUSIP D18190898
Unclassified$0.09B
1.1%
New
GLWCORNING INCCUSIP 219350105
Materials$0.08B
1.0%
Increased
BIDUBAIDU INC - SPON ADRCUSIP 056752108
Communication Services$0.07B
0.9%
Reduced
LHXL3HARRIS TECHNOLOGIES INCCUSIP 502431109
Industrials$0.06B
0.7%
New
CZRCAESARS ENTERTAINMENT INCCUSIP 12769G100
Consumer Discretionary$0.06B
0.7%
Unchanged
QCOMQUALCOMM INCCUSIP 747525103
Information Technology$0.05B
0.6%
Reduced
Ticker unavailableASML HOLDING N VCUSIP N07059210
Unclassified$0.05B
0.6%
Reduced
TSMTAIWAN SEMICONDUCTOR-SP ADRCUSIP 874039100Supply-chain analysis
Information Technology$0.04B
0.5%
Increased
BEKEKE HOLDINGS INC-ADRCUSIP 482497104
Real Estate$0.04B
0.5%
Reduced
LRCXLAM RESEARCH CORPCUSIP 512807306
Information Technology$0.04B
0.4%
Reduced
MUMICRON TECHNOLOGY INCCUSIP 595112103
Information Technology$0.03B
0.4%
Reduced
NVDANVIDIA CORPCUSIP 67066G104Supply-chain analysisas of Q1 2025
Information Technology$0.03B
0.4%
Reduced
MPLXMPLX LPCUSIP 55336V100
Energy$0.03B
0.4%
Unchanged
WYNNWYNN RESORTS LTDCUSIP 983134107
Consumer Discretionary$0.03B
0.3%
Reduced
LVSLAS VEGAS SANDS CORPCUSIP 517834107
Consumer Discretionary$0.02B
0.3%
Reduced
AVGOBROADCOM INCCUSIP 11135F101
Information Technology$0.02B
0.3%
New
SMHVANECK SEMICONDUCTOR ETFCUSIP 92189F676Supply-chain analysis
No Issuer Sector$0.02B
0.3%
New
EXEEZCHESAPEAKE ENERGY -CW26CUSIP 165167172
No Issuer Sector$0.01B
0.1%
Reduced
EXEELCHESAPEAKE ENERGY CORP -CW26CUSIP 165167180
No Issuer Sector$0.01B
0.1%
Reduced
XYZBLOCK INCCUSIP 852234103
Information Technology$0.00B
0.0%
New
David Tepper · Q1 2025 | Solvnode