David Tepper's Appaloosa Management cut 16 of the 31 stock positions it went into 2026 Q2 with, according to the 13F-HR filed with the SEC on August 14, 2026, most of them sold out. Of those, 12 were sold out and 4 trimmed. The total portfolio value is about $7.5B, up 26% from the prior quarter.
What did the 2026 Q2 filing report?
As of June 30, 2026, from the 13F-HR filed August 14, 2026.
| Value | |
|---|---|
| Stock positions | 31 to 25 |
| Positions cut | 16 |
| Median cut | 100% |
| Sold out | 12 |
| Trimmed | 4 |
| Reported value | $5.9B to $7.5B |
What was cut?
The largest cuts by percent change to portfolio were MU (trimmed from 9.48% to 15.06%), SNDK (sold out from 3.01%) and GLW (sold out from 2.59%). Against that, David Tepper opened 6 and added to 11.
What does the David Tepper portfolio look like now?
David Tepper's Appaloosa Management reported 25 stock positions in its 2026 Q2 portfolio, down from 31 a quarter earlier. The total portfolio value is about $7.5B, up 26% from the prior quarter. 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.
FAQ
How many positions did David Tepper cut in 2026 Q2?
David Tepper cut 16 of the 31 stock positions it went into 2026 Q2 with: 12 sold out and 4 trimmed by 30% or more of the shares.
Did David Tepper sell everything?
No. The 2026 Q2 filing still lists 25 stock positions, and the reported portfolio value is about $7.5B.
How did the reported portfolio value change?
The reported portfolio value went from about $5.9B to about $7.5B, up 26% from the prior quarter. A 13F marks the positions it lists at quarter-end prices, so the value mixes sales with price moves, while the count of positions cut does not.