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Hedge Fund Giant David Tepper’s Appaloosa Management Portfolio

Hedge fund giant David Tepper made his fame by buying distressed securities at the height of market crashes. He bought into financials at the market bottom of March 2009 and made billions. Now he is selling them, and get into home builders. As of 03/31/2011, Appaloosa Management LP owns 65 stocks with a total value of $4.2 billion. These are the details of the buys and sells.

This is the portfolio chart of David Tepper. You can click on the legend of the chart to show/hide buys, sells, or holdings. Each ball on the chart represents a position in the portfolio. You can move your mouse on the balls to see the details of each position and click to see the details of all guru trades with this position.



For the details of David Tepper's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=David+Tepper

This is the sector weightings of his portfolio:

Technology 22.8%
Financials 22.4%
Health Care 10.4%
Consumer Goods 10.4%
Consumer Services 8.2%
Basic Materials 7.1%
Industrials 4.1%
Oil & Gas 3.8%


These are the top 5 holdings of David Tepper

  1. CITIGROUP INC. (C) - 7,661,686 shares, 8.04% of the total portfolio. Shares reduced by 34.79%
  2. PFIZER INC. (PFE) - 15,419,502 shares, 7.44% of the total portfolio. Shares reduced by 6.9%
  3. HEWLETT PACKARD CO (HPQ) - 6,330,726 shares, 6.16% of the total portfolio. Shares added by 8.34%
  4. BANK OF AMERICA CORP. (BAC) - 17,215,849 shares, 5.45% of the total portfolio. Shares reduced by 31.32%
  5. GOODYEAR TIRE & RUBBER (GT) - 15,248,003 shares, 5.42% of the total portfolio. Shares added by 51.3%


Added: Us Airways Group Inc. (LCC)

David Tepper added to his holdings in Us Airways Group Inc. by 329%. His purchase prices were between $7.95 and $11.47, with an estimated average price of $9.61. The impact to his portfolio due to this purchase was 1.97%. His holdings were 12,447,139 shares as of 03/31/2011.

Added: Goodyear Tire & Rubber (GT)

David Tepper added to his holdings in Goodyear Tire & Rubber by 51.3%. His purchase prices were between $11.58 and $15.45, with an estimated average price of $13.5. The impact to his portfolio due to this purchase was 1.84%. His holdings were 15,248,003 shares as of 03/31/2011.

Added: United Continental Holdings Inc. (UAL)

David Tepper added to his holdings in United Continental Holdings Inc. by 48.97%. His purchase prices were between $22.17 and $27.48, with an estimated average price of $24.8. The impact to his portfolio due to this purchase was 1.03%. His holdings were 5,737,753 shares as of 03/31/2011.

Added: Cf Industries Holding Inc. (CF)

David Tepper added to his holdings in Cf Industries Holding Inc. by 43.61%. His purchase prices were between $122.56 and $152.02, with an estimated average price of $136.02. The impact to his portfolio due to this purchase was 0.92%. His holdings were 930,196 shares as of 03/31/2011.

Added: Macys Inc. (M)

David Tepper added to his holdings in Macys Inc. by 28.5%. His purchase prices were between $22.01 and $25.44, with an estimated average price of $23.54. The impact to his portfolio due to this purchase was 0.86%. His holdings were 6,712,625 shares as of 03/31/2011.

Added: Mueller Water Products Inc. (MWA)

David Tepper added to his holdings in Mueller Water Products Inc. by 279.72%. His purchase prices were between $3.67 and $4.71, with an estimated average price of $4.12. The impact to his portfolio due to this purchase was 0.73%. His holdings were 9,322,792 shares as of 03/31/2011.

Added: Dean Foods Co. (DF)

David Tepper added to his holdings in Dean Foods Co. by 21.85%. His purchase prices were between $8.84 and $10.56, with an estimated average price of $10.02. The impact to his portfolio due to this purchase was 0.56%. His holdings were 13,119,145 shares as of 03/31/2011.

Added: Delta Air Lines Inc. (DAL)

David Tepper added to his holdings in Delta Air Lines Inc. by 130.77%. His purchase prices were between $9.79 and $13, with an estimated average price of $11.33. The impact to his portfolio due to this purchase was 0.48%. His holdings were 3,592,656 shares as of 03/31/2011.

Added: Hewlett Packard Co (HPQ)

David Tepper added to his holdings in Hewlett Packard Co by 8.34%. His purchase prices were between $40.14 and $48.99, with an estimated average price of $44.65. The impact to his portfolio due to this purchase was 0.47%. His holdings were 6,330,726 shares as of 03/31/2011.

Added: Navistar International (NAV)

David Tepper added to his holdings in Navistar International by 49.83%. His purchase prices were between $56.49 and $69.69, with an estimated average price of $62.99. The impact to his portfolio due to this purchase was 0.38%. His holdings were 691,008 shares as of 03/31/2011.

Added: Con-way Inc. (CNW)

David Tepper added to his holdings in Con-way Inc. by 51.24%. His purchase prices were between $31.22 and $38.93, with an estimated average price of $34.6. The impact to his portfolio due to this purchase was 0.28%. His holdings were 900,000 shares as of 03/31/2011.

Added: International Paper Co. (IP)

David Tepper added to his holdings in International Paper Co. by 6.28%. His purchase prices were between $25.63 and $30.29, with an estimated average price of $28.01. The impact to his portfolio due to this purchase was 0.24%. His holdings were 5,738,512 shares as of 03/31/2011.

Added: Amr (AMR)

David Tepper added to his holdings in Amr by 24.62%. His purchase prices were between $6.14 and $8.85, with an estimated average price of $7.19. The impact to his portfolio due to this purchase was 0.18%. His holdings were 5,799,104 shares as of 03/31/2011.

New Purchase: Valero Energy Corp. (VLO)

David Tepper initiated holdings in Valero Energy Corp.. His purchase prices were between $23.12 and $30.73, with an estimated average price of $26.86. The impact to his portfolio due to this purchase was 1.82%. His holdings were 2,564,890 shares as of 03/31/2011.

New Purchase: Apple Inc. (AAPL)

David Tepper initiated holdings in Apple Inc.. His purchase prices were between $322.56 and $363.13, with an estimated average price of $345.06. The impact to his portfolio due to this purchase was 1.66%. His holdings were 200,000 shares as of 03/31/2011.

New Purchase: Metlife Inc. (MET)

David Tepper initiated holdings in Metlife Inc.. His purchase prices were between $42.28 and $48.63, with an estimated average price of $45.93. The impact to his portfolio due to this purchase was 1.59%. His holdings were 1,500,000 shares as of 03/31/2011.

New Purchase: E*trade Financial Corp. (ETFC)

David Tepper initiated holdings in E*trade Financial Corp.. His purchase prices were between $14.86 and $17.95, with an estimated average price of $16.27. The impact to his portfolio due to this purchase was 1.58%. His holdings were 4,394,400 shares as of 03/31/2011.

New Purchase: Cvr Energy Inc. (CVI)

David Tepper initiated holdings in Cvr Energy Inc.. His purchase prices were between $14.65 and $22.85, with an estimated average price of $18.36. The impact to his portfolio due to this purchase was 0.86%. His holdings were 1,556,374 shares as of 03/31/2011.

New Purchase: Frontier Oil Corp. (FTO)

David Tepper initiated holdings in Frontier Oil Corp.. His purchase prices were between $17.5 and $29.78, with an estimated average price of $23.61. The impact to his portfolio due to this purchase was 0.43%. His holdings were 611,055 shares as of 03/31/2011.

New Purchase: Kb Home (KBH)

David Tepper initiated holdings in Kb Home. His purchase prices were between $12.62 and $15.71, with an estimated average price of $14.08. The impact to his portfolio due to this purchase was 0.41%. His holdings were 1,388,900 shares as of 03/31/2011.

New Purchase: Marathon Oil Corp. (MRO)

David Tepper initiated holdings in Marathon Oil Corp.. His purchase prices were between $37.03 and $52.95, with an estimated average price of $46.55. The impact to his portfolio due to this purchase was 0.32%. His holdings were 250,000 shares as of 03/31/2011.

New Purchase: D.r. Horton Inc. (DHI)

David Tepper initiated holdings in D.r. Horton Inc.. His purchase prices were between $11.33 and $13.5, with an estimated average price of $12.26. The impact to his portfolio due to this purchase was 0.31%. His holdings were 1,119,740 shares as of 03/31/2011.

New Purchase: Pultegroup Inc. (PHM)

David Tepper initiated holdings in Pultegroup Inc.. His purchase prices were between $6.54 and $8.69, with an estimated average price of $7.6. The impact to his portfolio due to this purchase was 0.29%. His holdings were 1,637,112 shares as of 03/31/2011.

New Purchase: Tesoro Corp. (TSO)

David Tepper initiated holdings in Tesoro Corp.. His purchase prices were between $17.98 and $27.76, with an estimated average price of $22.14. The impact to his portfolio due to this purchase was 0.25%. His holdings were 400,000 shares as of 03/31/2011.

New Purchase: Beazer Homes Usa Inc. (BZH)

David Tepper initiated holdings in Beazer Homes Usa Inc.. His purchase prices were between $4.34 and $6.15, with an estimated average price of $5.12. The impact to his portfolio due to this purchase was 0.15%. His holdings were 1,367,679 shares as of 03/31/2011.

New Purchase: Masco Corp. (MAS)

David Tepper initiated holdings in Masco Corp.. His purchase prices were between $12.66 and $14.77, with an estimated average price of $13.66. The impact to his portfolio due to this purchase was 0.13%. His holdings were 394,614 shares as of 03/31/2011.

New Purchase: Holly Corp. (HOC)

David Tepper initiated holdings in Holly Corp.. His purchase prices were between $40.77 and $61.78, with an estimated average price of $51.66. The impact to his portfolio due to this purchase was 0.07%. His holdings were 46,578 shares as of 03/31/2011.

New Purchase: Ryland Group Inc. (RYL)

David Tepper initiated holdings in Ryland Group Inc.. His purchase prices were between $15.97 and $19.06, with an estimated average price of $17.46. The impact to his portfolio due to this purchase was 0.07%. His holdings were 198,100 shares as of 03/31/2011.

Reduced: Citigroup Inc. (C)

David Tepper reduced to his holdings in Citigroup Inc. by 34.79%. His sale prices were between $43.9 and $51.3, with an estimated average price of $47.29. The impact to his portfolio due to this sale was -4.29%. David Tepper still held 76,616,856 shares as of 03/31/2011.

Reduced: Wells Fargo & Co. (WFC)

David Tepper reduced to his holdings in Wells Fargo & Co. by 58.56%. His sale prices were between $30.99 and $34.1, with an estimated average price of $32.23. The impact to his portfolio due to this sale was -3.29%. David Tepper still held 3,091,560 shares as of 03/31/2011.

Reduced: Bank Of America Corp. (BAC)

David Tepper reduced to his holdings in Bank Of America Corp. by 31.32%. His sale prices were between $13.34 and $15.25, with an estimated average price of $14.2. The impact to his portfolio due to this sale was -2.49%. David Tepper still held 17,215,849 shares as of 03/31/2011.

Reduced: Fifth Third Bancorp (FITB)

David Tepper reduced to his holdings in Fifth Third Bancorp by 65.07%. His sale prices were between $13.4 and $15.52, with an estimated average price of $14.48. The impact to his portfolio due to this sale was -2.03%. David Tepper still held 3,306,006 shares as of 03/31/2011.

Reduced: Suntrust Banks Inc. (STI)

David Tepper reduced to his holdings in Suntrust Banks Inc. by 65.16%. His sale prices were between $27.97 and $32.53, with an estimated average price of $29.84. The impact to his portfolio due to this sale was -1.87%. David Tepper still held 1,460,899 shares as of 03/31/2011.

Reduced: Micron Technology Inc. (MU)

David Tepper reduced to his holdings in Micron Technology Inc. by 31.31%. His sale prices were between $8.02 and $11.8, with an estimated average price of $10.43. The impact to his portfolio due to this sale was -1.51%. David Tepper still held 12,202,840 shares as of 03/31/2011.

Reduced: Merck & Co. Inc. (MRK)

David Tepper reduced to his holdings in Merck & Co. Inc. by 38.96%. His sale prices were between $31.08 and $37.35, with an estimated average price of $33.51. The impact to his portfolio due to this sale was -1.12%. David Tepper still held 2,248,120 shares as of 03/31/2011.

Reduced: Microsoft Corp. (MSFT)

David Tepper reduced to his holdings in Microsoft Corp. by 20.84%. His sale prices were between $24.78 and $28.87, with an estimated average price of $27.04. The impact to his portfolio due to this sale was -0.76%. David Tepper still held 4,781,911 shares as of 03/31/2011.

Reduced: Manitowoc Company Inc. (MTW)

David Tepper reduced to his holdings in Manitowoc Company Inc. by 80.15%. His sale prices were between $13.08 and $21.94, with an estimated average price of $17.54. The impact to his portfolio due to this sale was -0.48%. David Tepper still held 238,615 shares as of 03/31/2011.

Reduced: Unitedhealth Group Inc. (UNH)

David Tepper reduced to his holdings in Unitedhealth Group Inc. by 20.85%. His sale prices were between $36.11 and $45.4, with an estimated average price of $41.82. The impact to his portfolio due to this sale was -0.4%. David Tepper still held 1,410,399 shares as of 03/31/2011.

Reduced: Teradyne Inc. (TER)

David Tepper reduced to his holdings in Teradyne Inc. by 21.16%. His sale prices were between $13.48 and $19.07, with an estimated average price of $16.68. The impact to his portfolio due to this sale was -0.35%. David Tepper still held 3,117,688 shares as of 03/31/2011.

Reduced: Brunswick Corp. (BC)

David Tepper reduced to his holdings in Brunswick Corp. by 35.5%. His sale prices were between $18.74 and $25.49, with an estimated average price of $21.99. The impact to his portfolio due to this sale was -0.32%. David Tepper still held 959,743 shares as of 03/31/2011.

Reduced: Newcastle Investment Corp. (NCT)

David Tepper reduced to his holdings in Newcastle Investment Corp. by 77.48%. His sale prices were between $5.95 and $8.47, with an estimated average price of $7.05. The impact to his portfolio due to this sale was -0.28%. David Tepper still held 546,192 shares as of 03/31/2011.

Reduced: General Motors Company (GM.PB)

David Tepper reduced to his holdings in General Motors Company by 87.09%. His sale prices were between $47.85 and $56.81, with an estimated average price of $52.46. The impact to his portfolio due to this sale was -0.27%. David Tepper still held 38,740 shares as of 03/31/2011.

Reduced: Hartford Financial Svcs. (HIG)

David Tepper reduced to his holdings in Hartford Financial Svcs. by 27.55%. His sale prices were between $24.75 and $30.8, with an estimated average price of $28.03. The impact to his portfolio due to this sale was -0.23%. David Tepper still held 946,917 shares as of 03/31/2011.

Reduced: Smurfitstone Container Corp (SSCC)

David Tepper reduced to his holdings in Smurfitstone Container Corp by 33.92%. His sale prices were between $25.6 and $40.01, with an estimated average price of $35.53. The impact to his portfolio due to this sale was -0.11%. David Tepper still held 242,063 shares as of 03/31/2011.

Sold Out: Wells Fargo & Company (WFC.PL)

David Tepper sold out his holdings in Wells Fargo & Company. His sale prices were between $1000.55 and $1057, with an estimated average price of $1031.38.

Sold Out: Cisco Systems Inc. (CSCO)

David Tepper sold out his holdings in Cisco Systems Inc.. His sale prices were between $17 and $22.05, with an estimated average price of $19.5.

Sold Out: Johnson & Johnson (JNJ)

David Tepper sold out his holdings in Johnson & Johnson. His sale prices were between $57.66 and $63.35, with an estimated average price of $60.71.

Sold Out: Semi Conductor Holders Trust (SMH)

David Tepper sold out his holdings in Semi Conductor Holders Trust. His sale prices were between $32.53 and $36.69, with an estimated average price of $34.56.

Sold Out: General Motors Company (GM)

David Tepper sold out his holdings in General Motors Company. His sale prices were between $30.74 and $38.98, with an estimated average price of $35.03.

Sold Out: Capital One Financial (COF)

David Tepper sold out his holdings in Capital One Financial. His sale prices were between $42.56 and $52.76, with an estimated average price of $49.19.

Sold Out: Jp Morgan Chase (JPM)

David Tepper sold out his holdings in Jp Morgan Chase. His sale prices were between $42.42 and $48, with an estimated average price of $45.34.

Sold Out: Willis Group Holdings Ltd. (WSH)

David Tepper sold out his holdings in Willis Group Holdings Ltd.. His sale prices were between $34.57 and $39.98, with an estimated average price of $37.66.

Sold Out: Bb&t Corp. (BBT)

David Tepper sold out his holdings in Bb&t Corp.. His sale prices were between $26.29 and $29.17, with an estimated average price of $27.45.

Sold Out: Flagstar Bancorp Inc. (FBC)

David Tepper sold out his holdings in Flagstar Bancorp Inc.. His sale prices were between $1.45 and $1.82, with an estimated average price of $1.66.

Sold Out: Texas Instruments Inc. (TXN)

David Tepper sold out his holdings in Texas Instruments Inc.. His sale prices were between $32.5 and $36.56, with an estimated average price of $34.57.

Sold Out: Intel Corp. (INTC)

David Tepper sold out his holdings in Intel Corp.. His sale prices were between $19.8075 and $22.14, with an estimated average price of $21.12.

Sold Out: Kroger Company (KR)

David Tepper sold out his holdings in Kroger Company. His sale prices were between $21.29 and $24.29, with an estimated average price of $22.65.

Sold Out: Safeway Inc. (SWY)

David Tepper sold out his holdings in Safeway Inc.. His sale prices were between $20.5 and $23.56, with an estimated average price of $21.71.

Sold Out: Supervalu Inc. (SVU)

David Tepper sold out his holdings in Supervalu Inc.. His sale prices were between $7.23 and $9.63, with an estimated average price of $8.11.

Sold Out: Altera Corp. (ALTR)

David Tepper sold out his holdings in Altera Corp.. His sale prices were between $35.58 and $44.41, with an estimated average price of $39.93.

Sold Out: Analog Devices Inc. (ADI)

David Tepper sold out his holdings in Analog Devices Inc.. His sale prices were between $36.54 and $41.19, with an estimated average price of $39.01.

Sold Out: Capital One Financial Corp Warrants Expiring 11/1 (COF.WS)

David Tepper sold out his holdings in Capital One Financial Corp Warrants Expiring 11/1. His sale prices were between $15.96 and $22.6, with an estimated average price of $20.09.

Sold Out: Broadcom Corp. (BRCM)

David Tepper sold out his holdings in Broadcom Corp.. His sale prices were between $38.89 and $47.34, with an estimated average price of $42.95.

Sold Out: Royal Bank Of Scotland Pfd 8.0556% Ser H Non Adr (RBS.PH)

David Tepper sold out his holdings in Royal Bank Of Scotland Pfd 8.0556% Ser H Non Adr. His sale prices were between $20.7 and $22.83, with an estimated average price of $21.85.

Sold Out: Linear Technology Corp. (LLTC)

David Tepper sold out his holdings in Linear Technology Corp.. His sale prices were between $31.69 and $36.13, with an estimated average price of $34.39.

Sold Out: Xilinx Inc. (XLNX)

David Tepper sold out his holdings in Xilinx Inc.. His sale prices were between $28.98 and $35.11, with an estimated average price of $32.34.

Sold Out: Gramercy Capital Corp. (GKK)

David Tepper sold out his holdings in Gramercy Capital Corp.. His sale prices were between $2.31 and $5.31, with an estimated average price of $4.12.

Sold Out: Strategic Hotels & Resorts Inc. (BEE)

David Tepper sold out his holdings in Strategic Hotels & Resorts Inc.. His sale prices were between $5.27 and $6.8, with an estimated average price of $6.03.

Sold Out: Royal Bank Of Scotland Pfd 8.50% Ser F Non Adr (RBS.PF)

David Tepper sold out his holdings in Royal Bank Of Scotland Pfd 8.50% Ser F Non Adr. His sale prices were between $21.71 and $23.9, with an estimated average price of $22.82.


Rating: 3.0/5 (12 votes)

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