13F filing recap · Q3 2008

What did Appaloosa LP buy in Q3 2008?

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

Stock value

$680.22M

Positions

Estimated turnover

124.1%

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

WBWachovia Corp New$108.14Mreported value+280.9K shares WBWachovia Corp New$98.00Mreported value+28.00M shares COFCapital One Financial Corp$13.67Mreported value+268.0K shares RTHRetail Holders Trust$13.52Mreported value+150.0K shares PCXPatriot Coal Corp$9.21Mreported value+317.0K shares ANRAlpha Natural Resources Inc$6.87Mreported value+133.5K shares CEIXConsol Energy Inc$5.85Mreported value+127.5K shares MEEMassey Energy$3.96Mreported value+111.0K shares FCLFoundation Coal Holdings Inc$2.88Mreported value+81.0K shares JPMJPMorgan Chase & Co$2.33Mreported value+50.0K shares NCCNational City Corp$1.75Mreported value+1.00M shares CEGConstellation Energy Group Inc$430.0Kreported value+17.7K shares CNOCno Financial Group, Inc.$144.0Kreported value+41.0K shares OCWSBOwens Corning$23.0Kreported value+10.6K shares

Reduced positions

CVXChevron Corp$50.56Mreported value-2.84M shares-82.2%COPConocophillips$50.03Mreported value-3.07M shares-81.8%MSFTMicrosoft Corporation$41.17Mreported value-3.46M shares-69.2%OXYOccidental Petroleum Corporation$33.57Mreported value-1.87M shares

Exited positions

XLETechnology Select Sector SPDR Fund$331.80Mprior reported value-3.75M shares-100.0%CHKChesapeake Energy Corporation$125.32Mprior reported value-1.90M shares-100.0%GLDSPDR Gold Trust$45.70Mprior reported value-500.0K shares-100.0%CNQCanadian Natural Resources Limited$29.87Mprior reported value