13F filing recap · Q4 2024

What did Appaloosa LP buy in Q4 2024?

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

Stock value

$6.46B

Positions

Estimated turnover

24.2%

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.

Quarter in review

Appaloosa LP opened new positions in Lam Research and Corning, and exited Adobe, Southwestern Energy, and its prior Lam Research stake. The firm added to Alibaba, Vistra, JD.com, NRG Energy, ASML Holding, and Chesapeake Energy, while trimming Amazon, Meta Platforms, Oracle, Lyft, Energy Transfer, Taiwan Semiconductor, Las Vegas Sands, Wynn Resorts, EQT, Antero Resources, and Intel.

New positions

LRCXLam Research Corporation$90.29Mreported value+1.25M shares GLWCorning Inc /ny$71.28Mreported value+1.50M shares

Increased positions

BABAAlibaba Group Holding Limited$1.00Breported value+1.84M shares+18.4%PDDPdd Holdings Inc.$519.49Mreported value+55.0K shares+1.0%VSTVistra Corp.$372.25Mreported value+1.43M shares+112.5%JDJd.com, Inc.$362.85Mreported value+3.17M shares

Reduced positions

AMZNAmazon.com Inc$570.41Mreported value-600.0K shares-18.8%GOOGAlphabet Inc.$358.40Mreported value-1 shares-0.0%METAMeta Platforms, Inc.$286.90Mreported value-135.0K shares-21.6%ORCLOracle Corporation$233.30Mreported value-173.4K shares

Exited positions

ADBEAdobe Inc.$103.56Mprior reported value-200.0K shares-100.0%LRCXLam Research Corporation$81.61Mprior reported value-100.0K shares-100.0%SWNSouthwestern Energy Co$29.72Mprior reported value-4.18M shares-100.0%