Appaloosa LP

SHORT HILLS, NJ · CIK 0001656456

Portfolio Value: $6.93B

Positions: 38

Period: 2025-12-31

Filed: 2026-02-17

Portfolio Value

$6.93B

Positions

New

Increased

Decreased

Sold Out

218

Appaloosa LP Q4 2025 13F Filing Summary

Appaloosa LP (SHORT HILLS, NJ) reported a portfolio value of $6.93B across 38 positions in their Q4 2025 SEC 13F filing (period ending 2025-12-31). Top holdings include BABA ($753.12M), GOOG ($560.74M), AMZN ($503.05M). The top 10 positions account for 60.0% of the portfolio. This quarter saw 1 new positions, 13 increases, 24 reductions, 218 complete exits. Notable new buy: BALL ($63.56M). Notable exits: AES, KEY, TFC.

All Holdings

#	Stock	CUSIP	Value↓	Shares	Weight	Change
1	BABAALIBABA GROUP HLDG LTD SPONSORED ADS	01609W102	$753.12M	5,137,931	10.88%	-20.3%
2	GOOGALPHABET INC CAP STK CL C	02079K107	$560.74M	1,786,931	8.10%	+28.8%
3	AMZNAMAZON COM INC COM	23135106	$503.05M	2,179,391	7.26%	-12.8%
4	MUMICRON TECHNOLOGY INC COM	595112103	$499.47M	1,750,000	7.21%	+250.0%
5	METAMETA PLATFORMS INC CL A	30303M102	$396.05M	600,000	5.72%	+62.2%
6	TSMTAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS	874039100	$343.40M	1,130,000	4.96%	+6.6%
7	NVDANVIDIA CORPORATION COM	67066G104	$317.05M	1,700,000	4.58%	-10.5%
8	WHRWHIRLPOOL CORP COM	963320106	$282.07M	3,910,000	4.07%	-28.9%
9	NRGNRG ENERGY INC COM NEW	629377508	$261.15M	1,640,000	3.77%	-12.3%
10	MSFTMICROSOFT CORP COM	594918104	$241.81M	500,000	3.49%	+8.1%
11	AIGAMERICAN AIRLS GROUP INC COM	02376R102	$216.92M	14,150,000	3.13%	+53.0%
12	PDDPDD HOLDINGS INC SPONSORED ADS	722304102	$201.27M	1,775,000	2.91%	-1.4%
13	QCOMQUALCOMM INC COM	747525103	$195.85M	1,145,000	2.83%	-8.0%
14	IAUISHARES INC MSCI STH KOR ETF	464286772	$182.29M	1,875,000	2.63%	+0.0%
15	KWEBKRANESHARES TRUST CSI CHI INTERNET	500767306	$161.74M	4,750,000	2.34%	-35.8%
16	VSTVISTRA CORP COM	92840M102	$152.46M	945,000	2.20%	-24.1%
17	UBERUBER TECHNOLOGIES INC COM	90353T100	$151.16M	1,850,000	2.18%	-23.1%
18	GLWCORNING INC COM	219350105	$137.49M	1,570,200	1.99%	-3.4%
19	DBDEUTSCHE BANK A G NAMEN AKT	D18190898	$121.46M	3,150,000	1.75%	-16.9%
20	JDJD.COM INC SPON ADS CL A	47215P106	$119.31M	4,157,046	1.72%	-33.2%
21	OCOWENS CORNING NEW COM	690742101	$106.31M	950,000	1.54%	+488.2%
22	THCHRTX CORPORATION COM	7.5513e+105	$91.70M	500,000	1.32%	-1.9%
23	LHXL3HARRIS TECHNOLOGIES INC COM	502431109	$86.60M	295,000	1.25%	-1.7%
24	BIDUBAIDU INC SPON ADR REP A	56752108	$75.13M	575,000	1.08%	-45.0%
25	MHKMOHAWK INDS INC COM	608190104	$73.78M	675,000	1.07%	+318.0%
26	LYFTLYFT INC CL A COM	55087P104	$73.61M	3,800,000	1.06%	-32.1%
27	LRCXLAM RESEARCH CORP COM NEW	512807306	$72.75M	425,000	1.05%	+14.9%
28	AMDADVANCED MICRO DEVICES INC COM	7903107	$69.60M	325,000	1.01%	-65.8%
29	ASMLASML HOLDING N V N Y REGISTRY SHS	N07059210	$66.87M	62,500	0.97%	-2.3%
30	UNHUNITEDHEALTH GROUP INC COM	91324P102	$66.02M	200,000	0.95%	-1.7%
31	BALLBALL CORP COM	58498106	$63.56M	1,200,000	0.92%	New
32	IQVIQVIA HLDGS INC COM	46266C105	$63.11M	280,000	0.91%	-1.8%
33	UNTCUNITED AIRLS HLDGS INC COM	910047109	$52.00M	465,000	0.75%	+0.5%
34	FXIISHARES TR CHINA LG-CAP ETF	464287184	$41.64M	1,087,500	0.60%	-2.0%
35	ETENERGY TRANSFER L P COM UT LTD PTN	29273V100	$36.13M	2,191,250	0.52%	-55.8%
36	MPLXMPLX LP COM UNIT REP LTD	55336V100	$33.49M	627,500	0.48%	+17.3%
37	DALDELTA AIR LINES INC DEL COM NEW	247361702	$32.97M	475,000	0.48%	+2.7%
38	GTGOODYEAR TIRE & RUBR CO COM	382550101	$21.90M	2,500,000	0.32%	-51.4%

Position Changes

Stock	Value	Shares
BALLBALL CORP	$63.56M	1,200,000