13F filing recap · Q3 2011

What did Appaloosa LP buy in Q3 2011?

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

Stock value

$1.54B

Positions

Estimated turnover

70.9%

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

HFCHollyfrontier Corporation$41.93Mreported value+1.60M shares ETFCE*trade Financial Corporation$10.77Mreported value+1.18M shares BPBp Plc$5.67Mreported value+157.2K shares DANDana Incorporated$485.0Kreported value+46.2K shares

Increased positions

CLMTCalumet, Inc. /de$22.60Mreported value+967.1K shares+263.7%GMGeneral Motors Company$2.00Mreported value+4.6K shares+2.7%GMGeneral Motors Company$1.36Mreported value+4.6K shares+2.7%

Reduced positions

CVICvr Energy, Inc$133.38Mreported value-1.02M shares-14.0%GTGoodyear Tire & Rubber Co /oh/$108.59Mreported value-3.24M shares-23.1%VLOValero Energy Corp/tx$98.84Mreported value-2.20M shares-28.4%MMacy'S, Inc.$86.50Mreported value-3.03M shares

Exited positions

PFEPfizer Inc.$298.60Mprior reported value-14.50M shares-100.0%BACBank of America Corp$109.60Mprior reported value-10.00M shares-100.0%HPQHP Inc.$104.22Mprior reported value-2.86M shares-100.0%WFCWells Fargo & Company/mn$81.57Mprior reported value-2.91M shares