13F filing recap · Q1 2010

What did Appaloosa LP buy in Q1 2010?

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

Stock value

$3.18B

Positions

Estimated turnover

50.7%

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

PFEPfizer Inc.$110.64Mreported value+6.45M shares JNJJohnson & Johnson$82.76Mreported value+1.27M shares MRKMerck & Co., Inc.$64.39Mreported value+1.72M shares VLOValero Energy Corp/tx$56.63Mreported value+2.87M shares YHOOAltaba Inc.$51.78Mreported value+3.13M shares SPMDSupermedia Inc$20.47Mreported value+500.4K shares SUNSunoco LP$17.86Mreported value+601.3K shares TSOTesoro Corporation$17.46Mreported value+1.26M shares CNWCon-Way, Inc.$16.46Mreported value+468.6K shares YRCWYrc Worldwide Inc.$16.12Mreported value+29.63M shares CALContinental Airlines Inc$11.60Mreported value+528.0K shares ABFSArcbest Corp$5.57Mreported value+186.4K shares ACLIAmerican Commercial Lines Inc$672.0Kreported value+26.8K shares

Increased positions

WFC-PLWells Fargo & Company/mn$303.73Mreported value+200 shares+0.1%HIGThe Hartford Insurance Group, Inc.$187.18Mreported value+340.0K shares+5.4%WSHWillis Group Holdings Plc$43.28Mreported value+186.9K shares+15.6%NAVNavistar International Corporation$34.10Mreported value

Reduced positions

BACBank of America Corp$541.62Mreported value-1.91M shares-5.9%WFCWells Fargo & Company/mn$278.83Mreported value-2.04M shares-18.5%CCitigroup Inc$252.69Mreported value-75.73M shares-54.8%FITBFifth Third Bancorp$231.16Mreported value-7.36M shares

Exited positions

BAC-PSBank of America Corp$221.17Mprior reported value-14.82M shares-100.0%RADRite Aid Corporation$12.36Mprior reported value-8.19M shares-100.0%HPTHospitality Properties Trust$6.78Mprior reported value-285.7K shares-100.0%