13F filing recap · Q4 2016

What did Appaloosa LP buy in Q4 2016?

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

Stock value

$5.42B

Positions

Estimated turnover

59.4%

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

TEVATeva Pharmaceutical Industries Limited$183.17Mreported value+5.05M shares PFEPfizer Inc.$156.23Mreported value+4.81M shares MYLMylan N.v.$124.94Mreported value+3.27M shares RFRegions Financial Corporation$105.40Mreported value+7.34M shares CMAComerica Inc$78.46Mreported value+1.15M shares MUMicron Technology, Inc.$71.24Mreported value+3.25M shares URIUnited Rentals, Inc.$69.35Mreported value+656.9K shares AALAmerican Airlines Group Inc.$60.39Mreported value+1.29M shares CNCCentene Corporation$44.36Mreported value+785.0K shares JCPJ. C. Penney Company, Inc.$42.21Mreported value+5.08M shares SUMSummit Materials Inc$40.31Mreported value+1.69M shares MCKMckesson Corporation$38.62Mreported value+275.0K shares KMTKennametal Inc$31.56Mreported value+1.01M shares BMYBristol-Myers Squibb Company$21.91Mreported value+375.0K shares TECKTeck Resources Limited$19.73Mreported value+985.0K shares BSXBoston Scientific Corp$11.90Mreported value+550.0K shares XUnited States Steel Corporation$11.88Mreported value+360.0K shares UALUnited Airlines Holdings, Inc.$11.66Mreported value+160.0K shares MTArcelormittal$7.13Mreported value+976.6K shares RIORio Tinto Plc$3.50Mreported value+91.0K shares ARCHArch Coal Inc$2.12Mreported value+27.2K shares

Increased positions

AGNAllergan Plc$894.94Mreported value+3.04M shares+249.8%ETPEnergy Transfer Partners L.p.$428.35Mreported value+346.2K shares+3.0%GOOGAlphabet Inc.$372.79Mreported value+11.0K shares+2.3%WPZWilliams Partners L.p.$360.80Mreported value+220.4K shares

Reduced positions

ALLAllstate Corp$192.33Mreported value-525.0K shares-16.8%OCOwens Corning$140.06Mreported value-235.5K shares-8.0%AYAtlantica Sustainable Infrastructure Plc$112.62Mreported value-186.1K shares-3.1%HUNHuntsman Corporation$109.04Mreported value-630.3K shares

Exited positions

SYFSynchrony Financial$116.61Mprior reported value-4.16M shares-100.0%HDSHd Supply Holdings Inc$90.24Mprior reported value-2.82M shares-100.0%BACBank of America Corp$64.72Mprior reported value-4.14M shares-100.0%VMWVmware, Inc.$28.04Mprior reported value-382.3K shares