Appaloosa Management 13F holdings, Q2 2009
Holdings as of June 30, 2009 · filings on SEC EDGAR · latest filing →
Appaloosa Management disclosed 31 US equity positions worth $1.6bn in its Q2 2009 13F filing. The largest position was BAC at 37.9% of the reported book, followed by Wells Fargo & Co PERP and FITB. Against the Q3 2005 filing, it opened 31 new positions, added to 0 and reduced 0 among the top 31 holdings.
What did Appaloosa Management own in Q2 2009? Top 31 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q3 2005 |
|---|---|---|---|---|---|---|---|
| 1 | BAC Bank of America Corp | Financial Services | 37.9% | $618.4m | 46,848,201 | – | new |
| 2 | Wells Fargo & Co PERP | 19.0% | $310.7m | 395,819 | – | new | |
| 3 | FITB Fifth Third Bancorp | Financial Services | 12.4% | $201.8m | 28,427,210 | – | new |
| 4 | American International Group Inc UNIT 99/99/9999 | 10.1% | $164.4m | 17,271,050 | – | new | |
| 5 | Suntrust Banks Inc | 8.6% | $140.5m | 8,540,930 | – | new | |
| 6 | COF Capital One Financial Corp | Financial Services | 4.0% | $65.6m | 3,000,000 | – | new |
| 7 | E-Trade Financial Corp | 1.8% | $30.1m | 23,338,807 | – | new | |
| 8 | GT Goodyear Tire & Rubber Co | Consumer Cyclical | 1.6% | $25.9m | 2,300,000 | – | new |
| 9 | Rite Aid Corp | 1.0% | $16.0m | 10,626,243 | – | new | |
| 10 | Valassis Communications Inc | 0.7% | $11.3m | 1,852,706 | – | new | |
| 11 | XL Capital Ltd | 0.7% | $11.1m | 969,498 | – | new | |
| 12 | BC Brunswick Corp | Consumer Cyclical | 0.6% | $9.7m | 2,237,606 | – | new |
| 13 | PHH Corp | 0.5% | $7.6m | 418,703 | – | new | |
| 14 | Office Depot Inc | 0.4% | $5.7m | 1,258,344 | – | new | |
| 15 | Conseco Inc | 0.2% | $3.7m | 1,552,094 | – | new | |
| 16 | OfficeMax Inc | 0.2% | $2.8m | 449,852 | – | new | |
| 17 | RF Regions Financial Corp | Financial Services | 0.1% | $2.0m | 500,000 | – | new |
| 18 | Royal Bk Scotland Group PLC SP | 0.1% | $1.5m | 152,215 | – | new | |
| 19 | Royal Bk Scotland Group PLC SPON | 0.1% | $864.0k | 67,915 | – | new | |
| 20 | Royal Bk Scotland Group PLC SPON | 0.0% | $617.0k | 43,119 | – | new | |
| 21 | Royal Bk Scotland Group PLC SP | 0.0% | $540.0k | 48,193 | – | new | |
| 22 | Royal Bk Scotland Group PLC | 0.0% | $490.0k | 45,807 | – | new | |
| 23 | Royal Bk Scotland Group PLC SP | 0.0% | $428.0k | 33,345 | – | new | |
| 24 | Royal Bk Scotland Group PLC SP | 0.0% | $337.0k | 30,100 | – | new | |
| 25 | Royal Bk Scotland Group PLC | 0.0% | $305.0k | 28,700 | – | new | |
| 26 | Royal Bk Scotland Group PLC | 0.0% | $300.0k | 25,937 | – | new | |
| 27 | Royal Bk Scotland Group PLC | 0.0% | $268.0k | 25,763 | – | new | |
| 28 | DAN Dana Holding Corp | Consumer Cyclical | 0.0% | $232.0k | 181,636 | – | new |
| 29 | NRG NRG Energy Inc | Utilities | 0.0% | $46.0k | 1,786 | – | new |
| 30 | Virgin Media Inc *W EXP 99/99/999 | 0.0% | $12.0k | 237,059 | – | new | |
| 31 | Owens Corning *W EXP 10/30/201 | 0.0% | $5.0k | 10,644 | – | 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.