Equal-WT
WhaleScore 2.0
?
APPALOOSA LP
SHORT HILLS NJ
Hedge Fund
Investment Advisor
Billionaires Group
Appaloosa Management is one of the most successful hedge funds and is managed by David Tepper. Although many of Appaloosa's investments such as distressed debt and other fixed income are not disclosed via 13F filings, the fund's equity portfolio has proven to be a source of excellent returns. Tepper is opportunistic in his equity investing and often takes a contrarian view.Whalewisdom has at least 101 13F filings, 4 13D filings, and 8 13G filings Their last reported 13F filing for Q4 2024 included $6,463,901,899 in managed 13F securities
and a top 10 holdings concentration of 66.81%. Appaloosa's largest holding is Alibaba Group Holding Ltd with shares held of 11,843,158.
Investment Strategy
Appaloosa employs an event-driven investment strategy, aiming for annual returns significantly exceeding those of buy-and-hold strategies. This involves actively purchasing and selling a range of assets, including public and private equities, high-yield bonds, bank loans to highly-leveraged companies, sovereign debt, and securities of financially distressed companies and special purpose acquisition companies (SPACs).
Appaloosa uses a variety of methods and strategies recommendations. The primary method of analysis is fundamental research. Client investment objectives and strategies, Client risk profiles, tax status and restrictions placed on a Client's portfolio by the Client or by applicable law, size of the Client account, nature and liquidity of the security to be allocated, size of available position, current market conditions, and account liquidity, account requirements for liquidity and timing of cash flows are all considered when allocating securities among Clients.
Other Contact Information
(Subscription Required)
2024-12-31
Top Buys (13F)
| Name | % Change |
|---|---|
| VST Vistra Corp | 3.52% |
| JD JD.com Inc | 1.28% |
| NRG NRG Energy Inc | 1.18% |
| GLW Corning Inc | 1.1% |
| ASML ASML Holding NV | 0.76% |
2024-12-31
Top Sells (13F)
| Name | % Change |
|---|---|
| ADBE Adobe Inc. | 1.54% |
| META Meta Platforms Inc | 0.88% |
| INTC Intel Corp | 0.56% |
| WYNN Wynn Resorts Ltd | 0.47% |
| SWN Southwestern Energy | 0.44% |
2024-12-31
13F Holdings Summary
| Name | $ Change |
|---|---|
| BABA Alibaba Group Holdin | 15.54% |
| AMZN Amazon.com Inc | 8.82% |
| PDD PDD Holdings Inc | 8.04% |
| MSFT Microsoft Corporatio | 6.33% |
| VST Vistra Corp | 5.76% |
2024-12-31
13F Activity
| Market Value | $6.46b, Prior: $6.73b |
| Inflows (Outflows) as % of Total MV | +2.5386% |
| New Purchases | 1 stocks |
| Added To | 17 stocks |
| Sold out of | 2 stocks |
| Reduced holdings in | 13 stocks |
| Top 10 Holdings % | 66.81% |
| Turnover %[1] | 7.69% |
| Turnover Alt %[2] | 9.32% |
| Time Held Top 20 | 9.55 quarters |
| Time Held Top 10 | 11.6 quarters |
| Time Held All | 10.86 quarters |
[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.
[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.
2024-12-31
13F Sector Allocation Over Time
limited to past 4 quarters. Subscribe to see all available data
2024-12-31
Analysis
Top 20 equal-weighted holdings. Performance numbers calculated through 2024-12-31