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APPALOOSA LP

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13F filer, CIK 1656456, Short Hills, NJ

APPALOOSA LP reported $6,925,020,650 across 39 holdings for the quarter ended 2025-12-31, in a 13F-HR filed 2026-02-17. Its ten largest share positions make up 59.63% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0001656456-26-000001

Period
2025-12-31
Reported value
$6.93B
Holdings
39
Top 10 weight
59.63%
New
3
Sold out
9

Largest buys vs the previous quarter

SecurityShares changeApprox. value
MUadded+1,000,000$285M
EWYnew+1,875,000$182M
METAadded+230,000$152M
GOOGadded+399,431$125M
OCadded+788,500$88.2M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
BABAreduced-1,312,069-$192M
AMDreduced-625,000-$134M
FISVexited-925,000-$119M
WHRreduced-1,590,000-$115M
KWEBreduced-2,650,000-$90.2M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q4 2025

Share positions as resolved from 13F-HR 0001656456-26-000001, largest first. % of portfolio is the value over $6,853,668,150, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
BABAALIBABA GROUP HLDG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 10,000,000 shares; 2024Q4: 11,843,158 shares; 2025Q1: 9,230,000 shares; 2025Q2: 7,067,271 shares; 2025Q3: 6,450,000 shares; 2025Q4: 5,137,931 shares 5,137,931$753M10.99%-1,312,069Timeline
GOOGALPHABET INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,881,964 shares; 2024Q4: 1,881,963 shares; 2025Q1: 2,010,000 shares; 2025Q2: 1,500,000 shares; 2025Q3: 1,387,500 shares; 2025Q4: 1,786,931 shares 1,786,931$561M8.18%+399,431Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,200,000 shares; 2024Q4: 2,600,000 shares; 2025Q1: 2,510,000 shares; 2025Q2: 2,700,000 shares; 2025Q3: 2,500,000 shares; 2025Q4: 2,179,391 shares 2,179,391$503M7.34%-320,609Timeline
MUMICRON TECHNOLOGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,050,000 shares; 2024Q4: 1,200,000 shares; 2025Q1: 400,000 shares; 2025Q2: 825,000 shares; 2025Q3: 500,000 shares; 2025Q4: 1,500,000 shares 1,500,000$428M6.25%+1,000,000Timeline
METAMETA PLATFORMS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 625,000 shares; 2024Q4: 490,000 shares; 2025Q1: 550,000 shares; 2025Q2: 400,000 shares; 2025Q3: 370,000 shares; 2025Q4: 600,000 shares 600,000$396M5.78%+230,000Timeline
TSMTAIWAN SEMICONDUCTOR MANUFACQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 400,000 shares; 2024Q4: 250,000 shares; 2025Q1: 270,000 shares; 2025Q2: 1,025,000 shares; 2025Q3: 1,060,000 shares; 2025Q4: 1,130,000 shares 1,130,000$343M5.01%+70,000Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 625,000 shares; 2024Q4: 680,001 shares; 2025Q1: 300,000 shares; 2025Q2: 1,750,000 shares; 2025Q3: 1,900,000 shares; 2025Q4: 1,700,000 shares 1,700,000$317M4.63%-200,000Timeline
WHRWHIRLPOOL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 266,092 shares; 2025Q3: 5,500,000 shares; 2025Q4: 3,910,000 shares 3,910,000$282M4.12%-1,590,000Timeline
NRGNRG ENERGY INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 999,820 shares; 2024Q4: 1,815,000 shares; 2025Q1: 2,050,000 shares; 2025Q2: 1,980,000 shares; 2025Q3: 1,870,000 shares; 2025Q4: 1,640,000 shares 1,640,000$261M3.81%-230,000Timeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 970,000 shares; 2024Q4: 970,000 shares; 2025Q1: 510,000 shares; 2025Q2: 500,000 shares; 2025Q3: 462,500 shares; 2025Q4: 500,000 shares 500,000$242M3.53%+37,500Timeline
AALAMERICAN AIRLINES GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 9,250,000 shares; 2025Q4: 14,150,000 shares 14,150,000$217M3.17%+4,900,000Timeline
PDDPDD HOLDINGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,301,132 shares; 2024Q4: 5,356,132 shares; 2025Q1: 4,370,000 shares; 2025Q2: 2,000,000 shares; 2025Q3: 1,800,000 shares; 2025Q4: 1,775,000 shares 1,775,000$201M2.94%-25,000Timeline
QCOMQUALCOMM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 800,000 shares; 2024Q4: 800,000 shares; 2025Q1: 350,000 shares; 2025Q2: 350,000 shares; 2025Q3: 1,245,000 shares; 2025Q4: 1,145,000 shares 1,145,000$196M2.86%-100,000Timeline
EWYISHARES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,875,000 shares 1,875,000$182M2.66%newTimeline
KWEBKRANESHARES TRUSTQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 3,765,000 shares; 2024Q4: 4,575,695 shares; 2025Q1: 4,000,000 shares; 2025Q2: 4,000,000 shares; 2025Q3: 7,400,000 shares; 2025Q4: 4,750,000 shares 4,750,000$162M2.36%-2,650,000Timeline
VSTVISTRA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,270,388 shares; 2024Q4: 2,700,000 shares; 2025Q1: 2,300,000 shares; 2025Q2: 1,800,000 shares; 2025Q3: 1,245,000 shares; 2025Q4: 945,000 shares 945,000$152M2.22%-300,000Timeline
UBERUBER TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,410,000 shares; 2024Q4: 1,500,000 shares; 2025Q1: 3,200,000 shares; 2025Q2: 2,750,000 shares; 2025Q3: 2,406,983 shares; 2025Q4: 1,850,000 shares 1,850,000$151M2.21%-556,983Timeline
GLWCORNING INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,500,000 shares; 2025Q1: 1,743,629 shares; 2025Q2: 1,750,000 shares; 2025Q3: 1,625,000 shares; 2025Q4: 1,570,200 shares 1,570,200$137M2.01%-54,800Timeline
DBDEUTSCHE BK AGQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 3,750,000 shares; 2025Q2: 4,000,000 shares; 2025Q3: 3,790,000 shares; 2025Q4: 3,150,000 shares 3,150,000$121M1.77%-640,000Timeline
JDJD.COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 7,300,000 shares; 2024Q4: 10,465,885 shares; 2025Q1: 8,050,000 shares; 2025Q2: 7,000,000 shares; 2025Q3: 6,225,000 shares; 2025Q4: 4,157,046 shares 4,157,046$119M1.74%-2,067,954Timeline
OCOWENS CORNING NEWQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 161,500 shares; 2025Q4: 950,000 shares 950,000$106M1.55%+788,500Timeline
RTXRTX CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 585,000 shares; 2025Q3: 509,500 shares; 2025Q4: 500,000 shares 500,000$91.7M1.34%-9,500Timeline
LHXL3HARRIS TECHNOLOGIES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 300,000 shares; 2025Q2: 350,000 shares; 2025Q3: 300,000 shares; 2025Q4: 295,000 shares 295,000$86.6M1.26%-5,000Timeline
BIDUBAIDU INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,425,000 shares; 2024Q4: 1,527,909 shares; 2025Q1: 775,000 shares; 2025Q2: 625,000 shares; 2025Q3: 1,045,000 shares; 2025Q4: 575,000 shares 575,000$75.1M1.1%-470,000Timeline
MHKMOHAWK INDS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 65,000 shares; 2025Q3: 161,500 shares; 2025Q4: 675,000 shares 675,000$73.8M1.08%+513,500Timeline
LYFTLYFT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 15,750,000 shares; 2024Q4: 13,500,000 shares; 2025Q1: 9,000,000 shares; 2025Q2: 8,000,000 shares; 2025Q3: 5,600,000 shares; 2025Q4: 3,800,000 shares 3,800,000$73.6M1.07%-1,800,000Timeline
LRCXLAM RESEARCH CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 1,250,000 shares; 2025Q1: 500,000 shares; 2025Q2: 400,000 shares; 2025Q3: 370,000 shares; 2025Q4: 425,000 shares 425,000$72.8M1.06%+55,000Timeline
AMDADVANCED MICRO DEVICES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,135,000 shares; 2024Q4: 1,200,000 shares; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: 950,000 shares; 2025Q4: 325,000 shares 325,000$69.6M1.02%-625,000Timeline
ASMLASML HLDG NVQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 77,500 shares; 2024Q4: 160,000 shares; 2025Q1: 70,000 shares; 2025Q2: 70,000 shares; 2025Q3: 64,000 shares; 2025Q4: 62,500 shares 62,500$66.9M0.98%-1,500Timeline
UNHUNITEDHEALTH GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 174,500 shares; 2024Q4: 174,500 shares; 2025Q1: 175,000 shares; 2025Q2: 2,450,000 shares; 2025Q3: 203,500 shares; 2025Q4: 200,000 shares 200,000$66M0.96%-3,500Timeline
BALLBALL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: not reported; 2025Q3: not reported; 2025Q4: 1,200,000 shares 1,200,000$63.6M0.93%newTimeline
IQVIQVIA HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 300,000 shares; 2025Q3: 285,000 shares; 2025Q4: 280,000 shares 280,000$63.1M0.92%-5,000Timeline
UALUNITED AIRLS HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 550,000 shares; 2025Q3: 462,500 shares; 2025Q4: 465,000 shares 465,000$52M0.76%+2,500Timeline
FXIISHARES TRQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 5,835,000 shares; 2024Q4: 6,637,128 shares; 2025Q1: 5,600,000 shares; 2025Q2: 1,000,000 shares; 2025Q3: 1,110,000 shares; 2025Q4: 1,087,500 shares 1,087,500$41.6M0.61%-22,500Timeline
ETENERGY TRANSFER L PQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,828,000 shares; 2024Q4: 4,914,735 shares; 2025Q1: 4,957,235 shares; 2025Q2: 4,957,235 shares; 2025Q3: 4,957,235 shares; 2025Q4: 2,191,250 shares 2,191,250$36.1M0.53%-2,765,985Timeline
MPLXMPLX LPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 578,500 shares; 2024Q4: 578,500 shares; 2025Q1: 578,500 shares; 2025Q2: 578,500 shares; 2025Q3: 535,000 shares; 2025Q4: 627,500 shares 627,500$33.5M0.49%+92,500Timeline
DALDELTA AIR LINES INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 550,000 shares; 2025Q3: 462,500 shares; 2025Q4: 475,000 shares 475,000$33M0.48%+12,500Timeline
GTGOODYEAR TIRE & RUBR COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: not reported; 2025Q2: 861,782 shares; 2025Q3: 5,140,000 shares; 2025Q4: 2,500,000 shares 2,500,000$21.9M0.32%-2,640,000Timeline

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
MUMICRON TECHNOLOGY INC COMcall250,000$71.4Mnew

Sold out in Q4 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
FISVFISERV INC925,000$119Mshares
TFCTRUIST FINL CORP1,387,500$63.4Mshares
CZRCAESARS ENTERTAINMENT INC NE2,100,000$56.8Mshares
KEYKEYCORP2,020,000$37.8Mshares
CFGCITIZENS FINL GROUP INC600,000$31.9Mshares
CMACOMERICA INC462,500$31.7Mshares
XYZBLOCK INC370,000$26.7Mshares
WALWESTERN ALLIANCE BANCORP195,000$16.9Mshares
ZIONZIONS BANCORPORATION NATL AS285,000$16.1Mshares

How Q4 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0001656456-26-000001 base2026-02-17acceptance time not in the bulk data set