管理人记录 · ✦ 精选

Appaloosa

David Tepper (President) · Short Hills, NJ · CIK 1656456 · EDGAR 文件 ↗

Opportunistic, macro-aware equity positioning.

Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 差异 ⇄

$7.73B13F报告持仓市值

27持仓明细

81.6%前十大权重

11.40有效持仓

16.4%预计换手率

+6新增

−12清仓

13F报告持仓市值仅涵盖美国可报告的多头头寸——不含现金、债券、空头或非美国持仓，并非管理资产规模。

各季度报告持仓市值 Q2 2024 → Q2 2026

板块敞口

科技 45.0% (+4.9pp)

可选消费 19.0% (-8.3pp)

通信服务 15.8% (+1.9pp)

公用事业 8.1% (-1.3pp)

金融服务 6.6% (+1.0pp)

工业 4.6% (+2.3pp)

能源 0.8% (-0.2pp)

占已申报普通股权益价值的比例；（±pp）较上一季度。

持仓组合 · Q2 2026

#	证券	权重	价值	股份	Δ股份		持有
1	AMZN Amazon.com, Inc.	15.9%	$1.19B	5.00M	+15.7%	▲ Add	9+
2	MU Micron Technology, Inc.	15.1%	$1.13B	975.00K	-41.4%	▼ Trim	9+
3	TSM Taiwan Semiconductor…	10.5%	$787.99M	1.65M	+24.3%	▲ Add	9+
4	GOOG Alphabet Inc.	8.7%	$653.66M	1.85M	+6.8%	▲ Add	9+
5	UBER Uber Technologies, Inc.	7.4%	$555.20M	7.69M	+21.5%	▲ Add	9+
6	EWY iShares MSCI South Korea ETF	6.6%	$489.61M	2.42M	+1.0%	▲ Add	3
7	META Meta Platforms, Inc.	5.1%	$380.22M	675.00K	+54.6%	▲ Add	9+
8	VST Vistra Corp.	4.7%	$351.41M	2.22M	+9.5%	▲ Add	8
9	NVDA NVIDIA Corporation	4.1%	$305.14M	1.52M	+3.6%	▲ Add	9+
10	NRG NRG Energy, Inc.	3.4%	$257.07M	1.76M	+1.5%	▲ Add	8
11	BABA Alibaba Group Holding…	2.6%	$191.96M	2.00M	-42.3%	▼ Trim	9+
12	BA The Boeing Company	2.3%	$173.18M	800.00K	新增	New	1
13	LRCX Lam Research Corporation	2.2%	$165.75M	382.50K	0.0%	Held	9+
14	BIDU Baidu, Inc.	2.0%	$148.01M	1.29M	+87.1%	▲ Add	9+
15	AAL American Airlines Group Inc.	1.8%	$135.53M	7.50M	新增	New	1
16	AMD Advanced Micro Devices, Inc.	1.5%	$114.73M	197.50K	-10.8%	▼ Trim	4
17	CRWV CoreWeave, Inc. Class A…	1.4%	$107.33M	1.08M	新增	New	1
18	ASML ASML Holding N.V.	1.3%	$99.47M	50.00K	+1.0%	▲ Add	9+
19	AVGO Broadcom Inc.	0.8%	$56.66M	150.00K	新增	New	1
20	QCOM QUALCOMM Incorporated	0.6%	$46.20M	250.00K	-49.9%	▼ Trim	9+
21	SPCX Space Exploration…	0.5%	$38.44M	225.00K	新增	New	1
22	ET Energy Transfer LP	0.4%	$30.14M	1.58M	0.0%	Held	9+
23	MPLX MPLX Lp	0.4%	$28.30M	502.46K	0.0%	Held	9+
24	WHR Whirlpool Corporation	0.4%	$28.19M	715.00K	-63.3%	▼ Trim	5
25	GT The Goodyear Tire & Rubber…	0.1%	$9.96M	1.51M	新增	New	1

仅含普通股（SH）持仓；期权行显示于"期权"标签页，且不作净额处理。✂ = 变动基于拆股调整后的前期持股数计算。"持有 N+ 季度"= 在我们的数据窗口内每季度均有持仓，实际持有时间可能更长。

证券	股份	上期	变动	价值	权重
BA The Boeing Company	800.00K	—	新增	$173.18M	2.3%
AAL American Airlines Group…	7.50M	—	新增	$135.53M	1.8%
CRWV CoreWeave, Inc. Class A…	1.08M	—	新增	$107.33M	1.4%
AVGO Broadcom Inc.	150.00K	—	新增	$56.66M	0.8%
SPCX Space Exploration…	225.00K	—	新增	$38.44M	0.5%
GT The Goodyear Tire &…	1.51M	—	新增	$9.96M	0.1%

证券	股份	上期	变动	价值	权重	连续记录
AMZN Amazon.com, Inc.	5.00M	4.32M	+15.7%	$1.19B	15.9%	●●○○○○
TSM Taiwan Semiconductor…	1.65M	1.33M	+24.3%	$787.99M	10.5%	●●●●●●
GOOG Alphabet Inc.	1.85M	1.73M	+6.8%	$653.66M	8.7%
UBER Uber Technologies, Inc.	7.69M	6.33M	+21.5%	$555.20M	7.4%	●●○○○○
EWY iShares MSCI South…	2.42M	2.40M	+1.0%	$489.61M	6.6%	●●●○○○
META Meta Platforms, Inc.	675.00K	436.50K	+54.6%	$380.22M	5.1%
VST Vistra Corp.	2.22M	2.02M	+9.5%	$351.41M	4.7%	●●○○○○
NVDA NVIDIA Corporation	1.52M	1.47M	+3.6%	$305.14M	4.1%
NRG NRG Energy, Inc.	1.76M	1.73M	+1.5%	$257.07M	3.4%	●●○○○○
BIDU Baidu, Inc.	1.29M	692.10K	+87.1%	$148.01M	2.0%	●●○○○○
ASML ASML Holding N.V.	50.00K	49.50K	+1.0%	$99.47M	1.3%

证券	股份	上期	变动	价值	权重	连续记录
MU Micron Technology, Inc.	975.00K	1.67M	-41.4%	$1.13B	15.1%
BABA Alibaba Group Holding…	2.00M	3.46M	-42.3%	$191.96M	2.6%	●●●●●●
AMD Advanced Micro Devices…	197.50K	221.40K	-10.8%	$114.73M	1.5%	●●●○○○
WHR Whirlpool Corporation	715.00K	1.95M	-63.3%	$28.19M	0.4%	●●●○○○
QCOM QUALCOMM Incorporated	250.00K	498.61K	-49.9%	$46.20M	0.6%	●●●○○○

证券	股份	上期	变动	价值	权重
SNDK Sandisk Corporation	—	281.25K	退出	$178.69M	3.0%
GLW Corning Inc	—	1.13M	退出	$153.58M	2.6%
PDD PDD Holdings Inc.	—	900.00K	退出	$91.96M	1.6%
LHX L3Harris Technologies…	—	198.00K	退出	$68.34M	1.2%
RTX RTX Corporation	—	342.00K	退出	$65.97M	1.1%
BALL Ball Corporation	—	837.00K	退出	$49.48M	0.8%
JD JD.com, Inc.	—	1.30M	退出	$38.59M	0.7%
LYFT Lyft, Inc.	—	2.70M	退出	$35.91M	0.6%
MSFT Microsoft Corporation	—	90.00K	退出	$33.32M	0.6%
KWEB KraneShares CSI China…	—	1.08M	退出	$30.70M	0.5%
UNH UnitedHealth Group…	—	90.00K	退出	$24.35M	0.4%
DB Deutsche Bank AG	—	257.62K	退出	$7.67M	0.1%

标的	类型	标的股份	报告持仓市值
AAPL	Put	835.00K	$241.62M
BRK-B	Put	25.00K	$12.51M

13F 报告期权名义价值（标的股份及市值），但不披露行权价、到期日或期权买入/卖出方向——无法从中推断持仓方向。方法论

持仓持有时长

60–1 季度

22–4 季度

35–8 季度

149+ 季度

当前各持仓在我们数据窗口内已连续报告的季度数。

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