13F filing recap · Q2 2010

What did Appaloosa LP buy in Q2 2010?

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

Stock value

$2.82B

Positions

Estimated turnover

26.6%

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

MMacy'S, Inc.$86.60Mreported value+4.84M shares CFCf Industries Holdings, Inc.$77.14Mreported value+1.22M shares WTWWillis Towers Watson Plc$40.26Mreported value+1.34M shares MPGMpg Office Trust Inc$11.86Mreported value+4.05M shares SANBanco Santander, S.a.$7.92Mreported value+754.0K shares ETFCE*trade Financial Corporation$5.90Mreported value+498.9K shares CNOCno Financial Group, Inc.$5.58Mreported value+1.13M shares PNC.WSThe Pnc Financial Services Group, Inc.$1.43Mreported value+123.2K shares

Increased positions

PFEPfizer Inc.$161.76Mreported value+4.89M shares+75.8%MRKMerck & Co., Inc.$134.39Mreported value+2.12M shares+122.9%JNJJohnson & Johnson$78.31Mreported value+56.6K shares+4.5%GTGoodyear Tire & Rubber Co /oh/$27.24Mreported value+99.4K shares

Reduced positions

BACBank of America Corp$393.01Mreported value-2.99M shares-9.9%WFC-PLWells Fargo & Company/mn$283.04Mreported value-7.5K shares-2.4%CCitigroup Inc$217.26Mreported value-4.61M shares-7.4%WFCWells Fargo & Company/mn$202.27Mreported value-1.06M shares

Exited positions

WSHWillis Group Holdings Plc$43.28Mprior reported value-1.38M shares-100.0%VCIValassis Communications Inc$15.41Mprior reported value-553.6K shares-100.0%MPGMaguire Properties, Inc.$12.76Mprior reported value-4.14M shares-100.0%RBSPRTRoyal Bank of Scotland Group Plc$11.18Mprior reported value