13F filing recap · Q1 2008

What did Appaloosa LP buy in Q1 2008?

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

Stock value

$1.81B

Positions

Estimated turnover

74.3%

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

GLDSPDR Gold Trust$180.82Mreported value+2.00M shares GOOGLAlphabet Inc.$62.11Mreported value+141.0K shares JAVASun Microsystems$58.78Mreported value+3.79M shares AIGAmerican International Group, Inc.$21.63Mreported value+500.0K shares PENNPenn Entertainment, Inc.$11.74Mreported value+268.4K shares HOTStarwood Hotels & Resorts Worldwide Inc$9.06Mreported value+175.0K shares MOSMosaic Company$7.70Mreported value+75.0K shares DANDana Incorporated$6.78Mreported value+677.5K shares XLETechnology Select Sector SPDR Fund$5.09Mreported value+69.0K shares NNINelnet, Inc.$1.29Mreported value+109.8K shares AMRAmr Corp$677.0Kreported value+75.0K shares CALContinental Airlines Inc$673.0Kreported value+35.0K shares UALUnited Airlines Holdings, Inc.$646.0Kreported value+30.0K shares

Increased positions

CSCOCisco Systems, Inc.$454.10Mreported value+3.35M shares+21.6%MSFTMicrosoft Corporation$308.06Mreported value+10.59M shares+3920.4%ORCLOracle Corporation$229.83Mreported value+250.0K shares+2.2%MBGMercedes-Benz Group AG (formerly Daimler Ag)$136.77Mreported value+605.0K shares

Reduced positions

SLMSlm Corp$94.58Mreported value-4.31M shares-41.1%GTGoodyear Tire & Rubber Co /oh/$48.76Mreported value-851.0K shares-31.0%PHHPhh Corporation$36.34Mreported value-632.1K shares-23.3%CCICrown Castle Inc.$16.12Mreported value-216.5K shares

Exited positions

GEGeneral Electric Company$144.57Mprior reported value-3.90M shares-100.0%QQQInvesco Qqq Trust, Series 1$76.83Mprior reported value-1.50M shares-100.0%UTXRtx Corporation$45.92Mprior reported value-600.0K shares-100.0%JNPRJuniper Networks, Inc.$23.24Mprior reported value-700.0K shares