13F filing recap · Q4 2003

What did Appaloosa LP buy in Q4 2003?

Reported stock-position changes between this filing and the previous one.

Stock value

$661.14M

Positions

Estimated turnover

137.6%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

XUnited States Steel Corporation$217.12Mreported value+6.20M shares CLFCleveland-Cliffs Inc$38.21Mreported value+750.0K shares MEEMassey Energy$26.00Mreported value+1.25M shares FCXFreeport-Mcmoran Inc.$16.85Mreported value+400.0K shares BTUPeabody Energy Corp$12.51Mreported value+300.0K shares PTBTQPope & Talbot Inc$12.34Mreported value+700.7K shares ISTIspat International N.v.$8.36Mreported value+942.5K shares CEIXConsol Energy Inc$7.77Mreported value+300.0K shares PDPhelps Dodge Corp$5.71Mreported value+75.0K shares ARCHArch Coal Inc$4.68Mreported value+150.0K shares AKSAk Steel Holding Corp$1.27Mreported value+250.0K shares MZIAQMilacron Inc$799.0Kreported value+191.6K shares BGYBritish Energy Plc$372.0Kreported value+63.9K shares

Increased positions

NTLINtl Incorporated$59.49Mreported value+136.6K shares+19.1%

Reduced positions

EIXEdison International$68.53Mreported value-2.88M shares-48.0%PCGPG&E Corp$54.98Mreported value-120.0K shares-5.7%CNOCno Financial Group, Inc.$27.63Mreported value-20.23M shares-94.1%KNDKindred Healthcare$22.59Mreported value-519.0K shares

Exited positions

KNDKindred Healthcare$13.45Mprior reported value-359.2K shares-100.0%