Solvnode

David Tepper

Appaloosa LP

Report date Jun 30, 2025 · 25 quarters available

Filed Aug 14, 2025, 45 days after the quarter ended · 13F-HR 0001656456-25-000006

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

Reported portfolio value$6.4B-23.1% vs. previous quarter
Positions388 new, 8 closed
Top-five concentration43.8%of the reported portfolio
Largest positionBABAALIBABA GROUP HOLDING-SP ADR · 12.4% weight

Portfolio structure

Size by reported market value, hue by sector
Q2 2025

Sector allocation

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

Segments run in GICS sector order

  • Energy1.9%
  • Materials1.4%
  • Industrials3.8%
  • Consumer Discretionary35.9%
  • Health Care12.6%
  • Information Technology18.8%
  • Communication Services9.5%
  • Utilities10.3%
  • Real Estate0.4%
  • Unclassified2.7%
  • No Issuer Sector2.7%

97.2% of the value that can carry an issuer sector is classified; a further 2.7% 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
BABAALIBABA GROUP HOLDING-SP ADRCUSIP 01609W102
Consumer Discretionary$0.80B
12.4%
Reduced
UNHUNITEDHEALTH GROUP INCCUSIP 91324P102
Health Care$0.76B
11.9%
Increased
AMZNAMAZON.COM INCCUSIP 023135106Supply-chain analysis
Consumer Discretionary$0.59B
9.2%
Increased
VSTVISTRA CORPCUSIP 92840M102Supply-chain analysis
Utilities$0.35B
5.4%
Reduced
NRGNRG ENERGY INCCUSIP 629377508
Utilities$0.32B
4.9%
Reduced
METAMETA PLATFORMS INC-CLASS ACUSIP 30303M102
Communication Services$0.30B
4.6%
Reduced
NVDANVIDIA CORPCUSIP 67066G104Supply-chain analysisas of Q1 2025
Information Technology$0.28B
4.3%
Increased
GOOGALPHABET INC-CL CCUSIP 02079K107
Communication Services$0.27B
4.1%
Reduced
UBERUBER TECHNOLOGIES INCCUSIP 90353T100
Consumer Discretionary$0.26B
4.0%
Reduced
MSFTMICROSOFT CORPCUSIP 594918104
Information Technology$0.25B
3.9%
Reduced
TSMTAIWAN SEMICONDUCTOR-SP ADRCUSIP 874039100Supply-chain analysis
Information Technology$0.23B
3.6%
Increased
JDJD.COM INC-ADRCUSIP 47215P106
Consumer Discretionary$0.23B
3.5%
Reduced
PDDPDD HOLDINGS INCCUSIP 722304102
Consumer Discretionary$0.21B
3.2%
Reduced
INTCINTEL CORPCUSIP 458140100
Information Technology$0.18B
2.8%
New
KWEBKRANESH CSI CHINA INTERNETCUSIP 500767306
No Issuer Sector$0.14B
2.1%
Unchanged
LYFTLYFT INC-ACUSIP 55087P104
Consumer Discretionary$0.13B
2.0%
Reduced
Ticker unavailableDEUTSCHE BANK AGCUSIP D18190898
Unclassified$0.12B
1.8%
Increased
MUMICRON TECHNOLOGY INCCUSIP 595112103
Information Technology$0.10B
1.6%
Increased
GLWCORNING INCCUSIP 219350105
Materials$0.09B
1.4%
Increased
ETENERGY TRANSFER LPCUSIP 29273V100
Energy$0.09B
1.4%
Unchanged
LHXL3HARRIS TECHNOLOGIES INCCUSIP 502431109
Industrials$0.09B
1.4%
Increased
RTXRTX CORPCUSIP 75513E101
Industrials$0.09B
1.3%
New
CZRCAESARS ENTERTAINMENT INCCUSIP 12769G100
Consumer Discretionary$0.06B
0.9%
Reduced
Ticker unavailableASML HOLDING N VCUSIP N07059210
Unclassified$0.06B
0.9%
Unchanged
QCOMQUALCOMM INCCUSIP 747525103
Information Technology$0.06B
0.9%
Unchanged
BIDUBAIDU INC - SPON ADRCUSIP 056752108
Communication Services$0.05B
0.8%
Reduced
IQVIQVIA HOLDINGS INCCUSIP 46266C105
Health Care$0.05B
0.7%
New
UALUNITED AIRLINES HOLDINGS INCCUSIP 910047109
Industrials$0.04B
0.7%
New
XYZBLOCK INCCUSIP 852234103
Information Technology$0.04B
0.7%
Increased
LRCXLAM RESEARCH CORPCUSIP 512807306
Information Technology$0.04B
0.6%
Reduced
FXIISHARES CHINA LARGE-CAP ETFCUSIP 464287184
No Issuer Sector$0.04B
0.6%
Reduced
ORCLORACLE CORPCUSIP 68389X105
Information Technology$0.03B
0.5%
Reduced
MPLXMPLX LPCUSIP 55336V100
Energy$0.03B
0.5%
Unchanged
DALDELTA AIR LINES INCCUSIP 247361702
Industrials$0.03B
0.4%
New
WHRWHIRLPOOL CORPCUSIP 963320106
Consumer Discretionary$0.03B
0.4%
New
BEKEKE HOLDINGS INC-ADRCUSIP 482497104
Real Estate$0.03B
0.4%
Reduced
GTGOODYEAR TIRE & RUBBER COCUSIP 382550101
Consumer Discretionary$0.01B
0.1%
New
MHKMOHAWK INDUSTRIES INCCUSIP 608190104
Consumer Discretionary$0.01B
0.1%
New
David Tepper · Q2 2025 | Solvnode