13F filing recap · Q4 2004

What did Appaloosa LP buy in Q4 2004?

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

Stock value

$1.53B

Positions

Estimated turnover

60.2%

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

WLTGQWalter Energy, Inc.$195.63Mreported value+5.80M shares GTGoodyear Tire & Rubber Co /oh/$77.39Mreported value+5.28M shares RRIReliant Resources Inc$20.48Mreported value+1.50M shares BEVBeverly Enterprises Inc$17.05Mreported value+1.86M shares LAFLafarge North America Inc$15.46Mreported value+301.3K shares PDPhelps Dodge Corp$9.89Mreported value+100.0K shares THXHouston Exploration Company$8.45Mreported value+150.0K shares PFEPfizer Inc.$4.03Mreported value+150.0K shares GATXGatx Corp$4.00Mreported value+135.5K shares LSSLone Star Technologies Inc$3.56Mreported value+106.4K shares MZIAQMilacron Inc$556.0Kreported value+163.9K shares

Increased positions

XUnited States Steel Corporation$343.79Mreported value+408.0K shares+6.5%MEEMassey Energy$212.67Mreported value+984.9K shares+19.3%ISGInternational Steel Group Inc$134.12Mreported value+2.66M shares+408.7%OSOregon Steel Mills, Inc.$14.64Mreported value+594.4K shares

Reduced positions

BTUPeabody Energy Corp$140.35Mreported value-478.4K shares-21.6%CEIXConsol Energy Inc$75.84Mreported value-102.5K shares-5.3%TLWTTelewest Global Inc$70.32Mreported value-2.49M shares-38.4%ARCHArch Coal Inc$61.32Mreported value-756.4K shares

Exited positions

DVNDevon Energy Corp/de$13.31Mprior reported value-187.5K shares-100.0%KMGKerr-Mcgee Corp$9.30Mprior reported value-162.5K shares-100.0%CHKChesapeake Energy Corporation$8.42Mprior reported value-531.8K shares-100.0%MROMarathon Oil Corp$7.74Mprior reported value-187.5K shares