Appaloosa LP Buys Twitter Inc, Netflix Inc, Sprint Corp, Sells Caesars Entertainment Corp, Allergan PLC, PG&E Corp

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May 15, 2020
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Investment company Appaloosa LP (Current Portfolio) buys Twitter Inc, Netflix Inc, Sprint Corp, Qualcomm Inc, HCA Healthcare Inc, sells Caesars Entertainment Corp, Allergan PLC, PG&E Corp, Cheniere Energy Inc, Vistra Energy Corp during the 3-months ended 2020Q1, according to the most recent filings of the investment company, Appaloosa LP. As of 2020Q1, Appaloosa LP owns 30 stocks with a total value of $3.3 billion. These are the details of the buys and sells.

For the details of David Tepper's stock buys and sells, go to https://www.gurufocus.com/guru/david+tepper/current-portfolio/portfolio

These are the top 5 holdings of David Tepper
  1. Amazon.com Inc (AMZN) - 250,000 shares, 14.92% of the total portfolio. Shares reduced by 14.24%
  2. Alibaba Group Holding Ltd (BABA) - 2,265,000 shares, 13.49% of the total portfolio. Shares reduced by 5.63%
  3. Alphabet Inc (GOOG) - 361,000 shares, 12.85% of the total portfolio. Shares reduced by 17.95%
  4. Facebook Inc (FB) - 2,413,000 shares, 12.32% of the total portfolio. Shares reduced by 14.58%
  5. Micron Technology Inc (MU) - 8,860,000 shares, 11.41% of the total portfolio. Shares added by 9.38%
New Purchase: Twitter Inc (TWTR)

Appaloosa LP initiated holding in Twitter Inc. The purchase prices were between $22 and $39.05, with an estimated average price of $32.44. The stock is now traded at around $29.00. The impact to a portfolio due to this purchase was 4.16%. The holding were 5,530,000 shares as of .

New Purchase: Netflix Inc (NFLX)

Appaloosa LP initiated holding in Netflix Inc. The purchase prices were between $298.84 and $387.78, with an estimated average price of $353.51. The stock is now traded at around $454.19. The impact to a portfolio due to this purchase was 2.93%. The holding were 255,000 shares as of .

New Purchase: Sprint Corp (S)

Appaloosa LP initiated holding in Sprint Corp. The purchase prices were between $4.28 and $10.05, with an estimated average price of $6.98. The stock is now traded at around $8.62. The impact to a portfolio due to this purchase was 1.68%. The holding were 6,380,000 shares as of .

New Purchase: Qualcomm Inc (QCOM)

Appaloosa LP initiated holding in Qualcomm Inc. The purchase prices were between $60.91 and $95.91, with an estimated average price of $82.41. The stock is now traded at around $75.77. The impact to a portfolio due to this purchase was 1.15%. The holding were 557,000 shares as of .

New Purchase: HCA Healthcare Inc (HCA)

Appaloosa LP initiated holding in HCA Healthcare Inc. The purchase prices were between $68.13 and $151.04, with an estimated average price of $130.36. The stock is now traded at around $98.74. The impact to a portfolio due to this purchase was 0.78%. The holding were 285,000 shares as of .

New Purchase: Tesla Inc (TSLA)

Appaloosa LP initiated holding in Tesla Inc. The purchase prices were between $361.22 and $917.42, with an estimated average price of $619.73. The stock is now traded at around $799.17. The impact to a portfolio due to this purchase was 0.67%. The holding were 42,000 shares as of .

Added: Energy Transfer LP (ET)

Appaloosa LP added to a holding in Energy Transfer LP by 45.03%. The purchase prices were between $4.53 and $13.68, with an estimated average price of $10.77. The stock is now traded at around $7.20. The impact to a portfolio due to this purchase was 0.71%. The holding were 16,288,665 shares as of .

Added: Intelsat SA (I)

Appaloosa LP added to a holding in Intelsat SA by 251.69%. The purchase prices were between $1.53 and $7.83, with an estimated average price of $4.26. The stock is now traded at around $0.40. The impact to a portfolio due to this purchase was 0.34%. The holding were 10,146,300 shares as of .

Sold Out: Caesars Entertainment Corp (CZR)

Appaloosa LP sold out a holding in Caesars Entertainment Corp. The sale prices were between $3.52 and $14.63, with an estimated average price of $11.86.

Sold Out: Cheniere Energy Inc (LNG)

Appaloosa LP sold out a holding in Cheniere Energy Inc. The sale prices were between $29.82 and $66, with an estimated average price of $51.7.

Sold Out: Clearway Energy Inc (CWEN)

Appaloosa LP sold out a holding in Clearway Energy Inc. The sale prices were between $16.61 and $23.11, with an estimated average price of $20.82.

Sold Out: Clearway Energy Inc (CWEN.A)

Appaloosa LP sold out a holding in Clearway Energy Inc. The sale prices were between $15.52 and $22.47, with an estimated average price of $19.95.

Sold Out: Broadcom Inc (AVGOP.PFD)

Appaloosa LP sold out a holding in Broadcom Inc. The sale prices were between $647.29 and $1201.94, with an estimated average price of $1074.02.

Reduced: Allergan PLC (AGN)

Appaloosa LP reduced to a holding in Allergan PLC by 46.33%. The sale prices were between $164.7 and $202.1, with an estimated average price of $188.56. The stock is now traded at around $193.02. The impact to a portfolio due to this sale was -2.91%. Appaloosa LP still held 695,000 shares as of .

Reduced: PG&E Corp (PCG)

Appaloosa LP reduced to a holding in PG&E Corp by 34.83%. The sale prices were between $7.22 and $18.03, with an estimated average price of $13.29. The stock is now traded at around $11.33. The impact to a portfolio due to this sale was -1.67%. Appaloosa LP still held 11,340,000 shares as of .

Reduced: Vistra Energy Corp (VST)

Appaloosa LP reduced to a holding in Vistra Energy Corp by 29.61%. The sale prices were between $12.6 and $23.43, with an estimated average price of $20.47. The stock is now traded at around $18.57. The impact to a portfolio due to this sale was -0.3%. Appaloosa LP still held 1,210,000 shares as of .

Reduced: Humana Inc (HUM)

Appaloosa LP reduced to a holding in Humana Inc by 21.33%. The sale prices were between $214.43 and $380.2, with an estimated average price of $338.77. The stock is now traded at around $398.22. The impact to a portfolio due to this sale was -0.15%. Appaloosa LP still held 59,000 shares as of .



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