13F filing recap · Q2 2008

What did Appaloosa LP buy in Q2 2008?

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

Stock value

$3.10B

Positions

Estimated turnover

161.0%

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

COPConocophillips$353.96Mreported value+3.75M shares CVXChevron Corp$342.00Mreported value+3.45M shares OXYOccidental Petroleum Corporation$211.17Mreported value+2.35M shares PCZPetroleum-Canada$167.81Mreported value+3.00M shares DVNDevon Energy Corp/de$156.21Mreported value+1.30M shares TLMTalisman Energy Inc.$133.91Mreported value+6.05M shares CHKChesapeake Energy Corporation$125.32Mreported value+1.90M shares APCAnadarko Petroleum Corporation$117.87Mreported value+1.57M shares MROMarathon Oil Corp$116.71Mreported value+2.25M shares APAApa Corporation$107.72Mreported value+775.0K shares WMBWilliams Companies, Inc.$76.59Mreported value+1.90M shares NXYNexen Inc$63.69Mreported value+1.60M shares XTOXto Energy Inc$51.38Mreported value+749.9K shares CNQCanadian Natural Resources Limited$29.87Mreported value+300.0K shares ETREntergy Corp /de/$24.10Mreported value+200.0K shares MURMurphy Oil Corporation$19.61Mreported value+200.0K shares EXCExelon Corporation$17.99Mreported value+200.0K shares NBLNoble Energy, Inc.$17.60Mreported value+175.0K shares EOGEog Resources, Inc.$13.12Mreported value+100.0K shares NFXNewfield Exploration Company$8.16Mreported value+125.0K shares

Increased positions

XLETechnology Select Sector SPDR Fund$331.80Mreported value+3.68M shares+5334.8%CFCf Industries Holdings, Inc.$69.52Mreported value+422.0K shares+1278.8%PENNPenn Entertainment, Inc.$59.48Mreported value+1.58M shares+589.3%MOSMosaic Company$47.03Mreported value+250.0K shares

Reduced positions

MSFTMicrosoft Corporation$137.55Mreported value-5.86M shares-53.9%ORCLOracle Corporation$110.25Mreported value-6.50M shares-55.3%CSCOCisco Systems, Inc.$46.52Mreported value-16.85M shares-89.4%GLDSPDR Gold Trust$45.70Mreported value-1.50M shares

Exited positions

MBGMercedes-Benz Group AG (formerly Daimler Ag)$136.77Mprior reported value-1.60M shares-100.0%SLMSlm Corp$94.58Mprior reported value-6.16M shares-100.0%GTGoodyear Tire & Rubber Co /oh/$48.76Mprior reported value-1.89M shares-100.0%DTVDirectv Group Inc$9.22Mprior reported value