Appaloosa Management 13F holdings, Q1 2004
Holdings as of March 31, 2004 · filings on SEC EDGAR · latest filing →
Appaloosa Management disclosed 16 US equity positions worth $764.8m in its Q1 2004 13F filing. The largest position was USX1 at 33.8% of the reported book, followed by BTU and Massey Energy Corp. Against the Q2 1999 filing, it opened 16 new positions, added to 0 and reduced 0 among the top 16 holdings.
What did Appaloosa Management own in Q1 2004? Top 16 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 1999 |
|---|---|---|---|---|---|---|---|
| 1 | USX1 United States Steel Corp | 33.8% | $258.1m | 7,350,000 | – | new | |
| 2 | BTU Peabody Energy Corporation | 17.9% | $137.0m | 2,446,100 | – | new | |
| 3 | Massey Energy Corp | 15.6% | $119.5m | 4,236,200 | – | new | |
| 4 | Arch Coal Inc | 12.2% | $93.1m | 2,544,300 | – | new | |
| 5 | Consol Energy Inc | 6.9% | $52.5m | 1,457,100 | – | new | |
| 6 | Cleveland-Cliffs Inc | 3.8% | $28.9m | 512,700 | – | new | |
| 7 | Pope & Talbot Inc | 2.8% | $21.6m | 1,091,400 | – | new | |
| 8 | NTL Inc | 2.7% | $20.3m | 351,882 | – | new | |
| 9 | Kindred Hlthcare Wts. B $33.33 4/20/06 *W EXP 04/20/200 | 1.7% | $13.1m | 675,000 | – | new | |
| 10 | PKX Posco Sponsored | Basic Materials | 1.3% | $10.1m | 300,000 | – | new |
| 11 | International Steel Group Inc | 0.6% | $4.5m | 150,000 | – | new | |
| 12 | Kindred Hlthcare Wts. A $30.00 4/20/06 *W EXP 04/20/200 | 0.4% | $2.8m | 125,000 | – | new | |
| 13 | NTL Inc. A Wts $262.93 1.1785sh/wt 1/14/08 *W EXP 01/13/201 | 0.2% | $1.5m | 240,851 | – | new | |
| 14 | STLD Steel Dynamics Inc | Basic Materials | 0.2% | $1.4m | 50,000 | – | new |
| 15 | British Energy PLC | 0.0% | $258.0k | 13,900 | – | new | |
| 16 | AK Steel Holding Corp | 0.0% | $250.0k | 47,500 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.