David Tepper's Appaloosa Management reopened a position in American Airlines Group (AAL) in 2026 Q2, after 1 quarter out, according to the 13F-HR filed with the SEC on August 14, 2026. At quarter-end prices the stake was worth about $135.5M, or 1.81% of the reported portfolio. AAL enters the book as the 15th largest of 25 stock positions.
What did the 2026 Q2 filing report for AAL?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Value | |
|---|---|
| Shares | 7.5M |
| Reported value | $135.5M |
| Portfolio weight | 1.81% |
| Rank in portfolio | 15th of 25 |
| Sold out in | 2026 Q1 |
| Out for | 1 quarter |
How big is the returning AAL position?
David Tepper opened 6 stock positions in 2026 Q2; AAL is the 2nd largest of them by weight. An average stock position in the David Tepper portfolio is 4% of the reported value, so the new name starts below the fund's typical size.
Where does AAL sit in the David Tepper portfolio?
AAL ranks 15th of 25 stock positions in the David Tepper portfolio at 1.81%, below the fund's average stock position of 4%. The AAL purchase was the 8th largest of the quarter's 34 position changes by percent change to portfolio. The largest stock position is AMZN at 15.95%. Next come MU at 15.06% and TSM at 10.55%. The three largest stocks together are 41.56% of the book. Across the 2026 Q2 portfolio, David Tepper reported 25 stock positions, with 6 opened and 12 closed. The total portfolio value is about $7.5B, up 26% from the prior quarter.
When did David Tepper hold AAL before?
David Tepper held AAL before. The fund first reported the name in the quarter ended December 31, 2013, sold out 3 times, most recently in 2026 Q1, and is back after 1 quarter out. The weight peaked at 7% in 2014 Q2. Every reported trade is on the David Tepper AAL trade history page.
FAQ
How many AAL shares does David Tepper hold?
David Tepper holds 7.5M shares of AAL as of June 30, 2026, worth about $135.5M.
What is AAL's weight in the David Tepper portfolio?
AAL is 1.81% of the David Tepper portfolio and ranks 15th of 25 stocks by weight.
Has David Tepper owned AAL before?
Yes. David Tepper held AAL before. The fund first reported the name in the quarter ended December 31, 2013, sold out 3 times, most recently in 2026 Q1, and is back after 1 quarter out.