David Tepper's Appaloosa disclosed in an SEC filing last month its holdings as of September 30, 2021, shedding light on what the firm has been buying and selling recently as well as on its largest stock bets.
Top 5 Holdings:
Alphabet Class C (GOOG)
Alphabet is a multinational technology conglomerate holding company that was created through a restructuring of Google on October 2, 2015, becoming the parent company of Google and several former Google subsidiaries.
Meta Platforms (FB)
Meta Platforms, formerly known as Facebook, is a multinational technology conglomerate and the parent organization of Facebook, Instagram, and WhatsApp, among other subsidiaries. Meta announced on November 29 that it will postpone the change to its Class A common stock ticker symbol to "MVRS" until the first quarter of 2022. The company had previously announced its plans to change its ticker symbol, effective December 1, 2021.
T-Mobile (TMUS)
T-Mobile is the brand name used by the U.S. mobile communications subsidiaries of the German telecommunications company Deutsche Telekom (DTEGY).
Amazon (AMZN)
Amazon.com is a multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of biggest companies in the U.S. information technology industry, along with Google, Apple (AAPL), Meta, and Microsoft (MSFT).
Occidental Petroleum (OXY)
Occidental Petroleum is engaged in hydrocarbon exploration in the United States, the Middle East, and Colombia as well as petrochemical manufacturing in the United States, Canada, and Chile.
Appaloosa's three new buys during the third quarter included, by size of position, Alight (ALIT), Walmart (WMT), and Ovintiv (OVV). Appaloosa exited six positions during the quarter, including by size of previous position, Emerson Electric (EMR), Netflix (NFLX), BP (BP), and Royal Dutch Shell (RDS.A, RDS.B). Appaloosa increased its stake in eleven holdings, including by size of previous position, Macy's (M), Goodyear Tire & Rubber (GT), EQT Corp (EQT), Antero Resources (AR), and Alphabet Class C. Appaloosa reduced its stake in 27 holdings, including by size of previous position, Micron (MU), Amazon, Alibaba (BABA), PG&E (PCG), and Meta Platforms.
Amazon.com
+70.79 (+2.09%)
Occidental Petroleum
+1.04 (+3.57%)
Alphabet
+34.11 (+1.20%)
Alphabet
+31.02 (+1.09%)
Ticker changed to META
+10.15 (+3.31%)
T-Mobile
+2.68 (+2.37%)
Deutsche Telekom
-0.16 (-0.90%)
Apple
+4.62 (+2.85%)
Microsoft
+2.065 (+0.64%)
Alight
+0.095 (+0.95%)
Walmart
+1.325 (+0.96%)
Ovintiv
+1.23 (+3.76%)
Emerson Electric
+1.69 (+1.87%)
Netflix
+9.96 (+1.65%)
BP
+0.585 (+2.17%)
Symbol changed to SHEL
+1.19 (+2.73%)
Symbol changed to SHEL
+1.14 (+2.62%)
Macy's
+0.86 (+3.21%)
Goodyear Tire
+0.875 (+4.17%)
EQT Corporation
+0.23 (+1.18%)
Antero Resources
+0.32 (+1.96%)
Micron
+1.36 (+1.67%)
Alibaba
+10.02 (+8.95%)
PG&E
+0.67 (+5.67%)
Symbol now META
+