David Tepper recent buys & sells (2025 Q4)
Appaloosa Management
Appaloosa Management Portfolio Changes
Purchase & sale details
- Portfolio value:
- $6.85B (-$530M)
- Previous value:
- $7.38B
- # of changes:
- 47
- New positions:
- 2
- Reported for:
- 31 Dec 2025 (Q4)
- Latest filing date:
- 17 Feb 2026
Appaloosa Management has disclosed a total of 47 changes to the portfolio in the (2025 Q4) SEC report(s): increased the number of shares of 12, bought 2 totally new, decreased the number of shares of 24 and completely sold out 9 position(s).
What stocks did David Tepper buy in 2025 Q4?
During 2025 Q4 David Tepper has bought 14 securities out of which top 5 purchases (by % change to portfolio) were (GOOG) Alphabet Inc, CL-C (added shares +28.79%), (MU) Micron Technology Inc (added shares +200.00%), (META) Meta Platforms Inc (added shares +62.16%), (TSM) Taiwan Semiconductor Manufacturing (added shares +6.60%) and (MSFT) Microsoft Corp (added shares +8.11%).
In the 2025 Q4 report(s) the following changes have been made to the top investments: (BABA) Alibaba Group Holding Ltd (reduced shares -20.34%), (GOOG) Alphabet Inc, CL-C (added shares +28.79%), (AMZN) Amazon.com Inc (reduced shares -12.82%), (MU) Micron Technology Inc (added shares +200.00%) and (META) Meta Platforms Inc (added shares +62.16%).
47 results
| History | Ticker | Name |
% or activity |
Shares change |
Shares held after* |
% change to portfolio |
Reported price* |
% difference current price* |
% of portfolio |
Held since* | Held for* |
|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
Ball Corp
|
new
|
+1,200,000
|
1,200,000
|
+0.93%
|
$52.97
|
+20.98%($64.08)
|
0.93%
|
2025 Q4
|
~0.25 years
|
|
|
|
iShares MSCI South Korea ETF
|
new
|
+1,875,000
|
1,875,000
|
+2.66%
|
$97.22
|
+64.94%($160.36)
|
2.66%
|
2025 Q4
|
~0.25 years
|
|
|
|
Owens Corning Inc
|
+488.24%
|
+788,500
|
950,000
|
+1.29%
|
$111.91
|
+7.49%($120.29)
|
1.55%
|
2025 Q3
|
~0.50 years
|
|
|
|
Mohawk Industries Inc
|
+317.96%
|
+513,500
|
675,000
|
+0.82%
|
$109.30
|
+16.50%($127.34)
|
1.08%
|
2025 Q2
|
~0.75 years
|
|
|
|
Micron Technology Inc
|
+200.00%
|
+1,000,000
|
1,500,000
|
+4.16%
|
$285.41
|
+228.06%($936.32)
|
6.25%
|
2023 Q2
|
~2.75 years
|
|
|
|
Meta Platforms Inc
|
+62.16%
|
+230,000
|
600,000
|
+2.22%
|
$660.09
|
-4.95%($627.44)
|
5.78%
|
2016 Q3
|
~9.50 years
|
|
|
|
American Airlines Group
|
+52.97%
|
+4,900,000
|
14,150,000
|
+1.1%
|
$15.33
|
-16.24%($12.84)
|
3.17%
|
2025 Q3
|
~0.50 years
|
|
|
|
Alphabet Inc, CL-C
|
+28.79%
|
+399,431
|
1,786,931
|
+1.83%
|
$313.80
|
-10.58%($280.61)
|
8.18%
|
2014 Q2
|
~11.75 years
|
|
|
|
MPLX LP
|
+17.29%
|
+92,500
|
627,500
|
+0.07%
|
$53.37
|
+12.15%($59.86)
|
0.49%
|
2020 Q4
|
~5.25 years
|
|
|
|
Lam Research Corp
|
+14.86%
|
+55,000
|
425,000
|
+0.14%
|
$171.18
|
+48.69%($254.53)
|
1.06%
|
2023 Q2
|
~2.75 years
|
|
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
* Current price: this can be a delayed price and may not reflect the real-time market value, however it is too close.
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* Held since / Held for: calculated since the latest "new buy" position. If the security was previously exited and re-entered, only the most recent holding period is counted. 2013 Q2 is the earliest period we have data for, so "2013 Q2*" means "2013 Q2 or earlier".