David Tepper
Appaloosa Management
David Tepper American Airlines Group stake
total: 317
Appaloosa Management AAL trades
- Total transactions:
- 12
- New positions:
- 4
- Sold out:
- 3
- Added:
- 3
- Reduced:
- 2
- Held since:
- 2026 Q2
- Held for:
- 1 quarter
- Latest activity:
- 2026 Q2
According to 2026 Q2 report, David Tepper holds 7,500,000 American Airlines Group (AAL) shares with a market value of roughly $135.52M accounting for 1.81% of the overall portfolio. To date, the estimated cost basis is nearly $18.07 for "buy" trades. Appaloosa Management first purchased AAL in 2013 Q4, initially acquiring about 7.02M shares. David Tepper later completely sold out the position and invested in American Airlines Group again in 2026 Q2. Since the initial investment in American Airlines Group (AAL), Appaloosa Management has made 11 more transactions.
When did David Tepper buy American Airlines Group (AAL)?
David Tepper first invested in American Airlines Group (AAL) in 2013 Q4 at the reported quarter-end price of $25.25 per share.
What's the cost basis of Appaloosa Management's AAL stake?
The estimated cost basis for American Airlines Group (AAL) stake is around $18.07 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $18.07
David Tepper's historical trades in American Airlines Group
12 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q2
|
1.81%
|
7,500,000
|
$18.07
|
$135,525,000
|
new
|
+1.81%
|
|
2026 Q1
|
0.00%
|
0
|
$15.33
|
|
-100% (-14,150,000)
|
-3.17%
|
|
2025 Q4
|
3.17%
|
14,150,000
|
$15.33
|
$216,919,500
|
+52.97% (+4,900,000)
|
+1.1%
|
|
2025 Q3
|
1.41%
|
9,250,000
|
$11.24
|
$103,970,000
|
new
|
+1.41%
|
|
2017 Q1
|
0.00%
|
$46.69
|
-100% (-1,293,367)
|
|||
|
2016 Q4
|
1.11%
|
$46.69
|
new
|
|||
|
2015 Q1
|
0.00%
|
$53.63
|
-100% (-4,355,050)
|
|||
|
2014 Q4
|
5.77%
|
$53.63
|
-40.23% (-2,931,842)
|
|||
|
2014 Q3
|
3.81%
|
$35.48
|
-37.48% (-4,367,630)
|
|||
|
2014 Q2
|
7.00%
|
$42.96
|
+35.48% (+3,052,374)
|
|||
|
2014 Q1
|
4.20%
|
$36.60
|
+22.49% (+1,579,383)
|
|||
|
2013 Q4
|
2.23%
|
$25.25
|
new
|
|||
* 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.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.