13F filing recap · Q3 2010

What did Appaloosa LP buy in Q3 2010?

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

Stock value

$3.29B

Positions

Estimated turnover

44.4%

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

HPQHP Inc.$156.63Mreported value+3.72M shares CSCOCisco Systems, Inc.$131.69Mreported value+6.01M shares MDTMedtronic Plc$47.41Mreported value+1.41M shares SMHSemiconductor Hldrs Trust$47.35Mreported value+1.71M shares AMATApplied Materials Inc /de$43.98Mreported value+3.77M shares IPInternational Paper Company$42.16Mreported value+1.94M shares UNHUnitedHealth Group Incorporated$40.60Mreported value+1.16M shares WLPWellpoint Inc$34.42Mreported value+607.7K shares KLACKla Corporation$22.46Mreported value+637.5K shares COVCovidien Plc$22.26Mreported value+553.9K shares BDXBecton Dickinson & Co$19.50Mreported value+263.2K shares CIThe Cigna Group$17.73Mreported value+495.6K shares LRCXLam Research Corporation$15.21Mreported value+363.4K shares TERTeradyne, Inc.$11.27Mreported value+1.01M shares TINTemple-Inland Inc$10.63Mreported value+569.5K shares SSCCSmurfit-Stone Container Corp$3.97Mreported value+216.0K shares TXNTexas Instruments Incorporated$3.53Mreported value+130.0K shares INTCIntel Corp$3.47Mreported value+180.4K shares ALTRAltera Corp$2.05Mreported value+68.0K shares ADIAnalog Devices, Inc.$2.01Mreported value+64.0K shares BRCMBroadcom Corporation$1.56Mreported value+44.0K shares XLNXXilinx Inc$1.52Mreported value+57.0K shares LLTCLinear Technology Corporation$1.51Mreported value+49.0K shares DANDana Incorporated$431.0Kreported value+35.0K shares RBSPRTRoyal Bank of Scotland Group Plc$75.0Kreported value+4.9K shares RYRoyal Bank of Scotland Group Plc$37.0Kreported value+2.4K shares

Increased positions

PFEPfizer Inc.$284.37Mreported value+5.22M shares+46.0%MSFTMicrosoft Corporation$68.59Mreported value+409.5K shares+17.1%UALUnited Airlines Holdings, Inc.$61.98Mreported value+511.2K shares+24.2%RBS.PRNRoyal Bank of Scotland Group Plc$52.12Mreported value+253.4K shares

Reduced positions

BACBank of America Corp$294.63Mreported value-4.88M shares-17.8%WFC-PLWells Fargo & Company/mn$293.77Mreported value-12.0K shares-3.9%CCitigroup Inc$199.88Mreported value-6.53M shares-11.3%WFCWells Fargo & Company/mn$161.10Mreported value-1.49M shares

Exited positions

VLOValero Energy Corp/tx$46.98Mprior reported value-2.61M shares-100.0%SUNSunoco LP$18.61Mprior reported value-535.4K shares-100.0%TSOTesoro Corporation$12.24Mprior reported value-1.05M shares-100.0%ETFCE*trade Financial Corporation$5.90Mprior reported value-498.9K shares