13F filing recap · Q1 2026

What did Appaloosa LP buy in Q1 2026?

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

Stock value

$5.93B

Positions

Estimated turnover

50.9%

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.

Quarter in review

Appaloosa LP opened a new position in Sandisk Corp and exited American Airlines Group, Delta Air Lines, Goodyear Tire & Rubber, Iqvia Holdings, iShares Trust, Mohawk Industries, Owens Corning, and United Airlines Holdings. The firm substantially increased its Amazon.com stake and dramatically added to Uber Technologies and Vistra Corp. It also trimmed Alphabet slightly, while substantially reducing Whirlpool, PDD Holdings, Qualcomm, JD.com, Microsoft, Kraneshares Trust, UnitedHealth Group, and Deutsche Bank.

New positions

SNDKSandisk Corp$178.69Mreported value+281.3K shares

Increased positions

AMZNAmazon.com Inc$899.73Mreported value+2.14M shares+98.2%MUMicron Technology, Inc.$562.50Mreported value+165.0K shares+11.0%UBERUber Technologies, Inc.$455.51Mreported value+4.48M shares+242.3%TSMTaiwan Semiconductor Manufacturing$448.63Mreported value+197.5K shares

Reduced positions

GOOGAlphabet Inc.$497.04Mreported value-54.2K shares-3.0%BABAAlibaba Group Holding Limited$434.72Mreported value-1.67M shares-32.6%NVDANvidia Corp$256.63Mreported value-228.5K shares-13.4%METAMeta Platforms, Inc.$249.73Mreported value-163.5K shares

Exited positions

AALAmerican Airlines Group Inc.$216.92Mprior reported value-14.15M shares-100.0%OCOwens Corning$106.31Mprior reported value-950.0K shares-100.0%MHKMohawk Industries, Inc.$73.78Mprior reported value-675.0K shares-100.0%IQVIqvia Holdings Inc.$63.11Mprior reported value-280.0K shares