Appaloosa Management 13F holdings, Q3 2013
Holdings as of September 30, 2013 · filings on SEC EDGAR · latest filing →
Appaloosa Management disclosed 62 US equity positions worth $6.2bn in its Q3 2013 13F filing. The largest position was SPY at 10.3% of the reported book, followed by C and POWERSHARES QQQ TRUST. Against the Q2 2013 filing, it opened 2 new positions, added to 9 and reduced 35 among the top 50 holdings.
What did Appaloosa Management own in Q3 2013? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2013 |
|---|---|---|---|---|---|---|---|
| 1 | SPY SPDR S&P 500 ETF TR | 10.3% | $645.1m | 3,837,366 | -53% | reduced | |
| 2 | C CITIGROUP INC | Financial Services | 7.6% | $472.2m | 9,733,639 | 1% | added |
| 3 | POWERSHARES QQQ TRUST | 7.3% | $453.4m | 5,750,000 | 0% | held | |
| 4 | GT GOODYEAR TIRE & RUBR CO | Consumer Cyclical | 6.8% | $423.0m | 18,843,154 | -14% | reduced |
| 5 | UAL UNITED CONTL HLDGS INC | Industrials | 4.2% | $261.8m | 8,523,821 | 10% | added |
| 6 | DAL DELTA AIR LINES INC DEL | Industrials | 3.2% | $198.2m | 8,400,000 | -18% | reduced |
| 7 | HCA HCA HOLDINGS INC | Healthcare | 3.1% | $195.5m | 4,573,082 | 17% | added |
| 8 | MET METLIFE INC | Financial Services | 3.0% | $189.3m | 4,031,818 | -2% | reduced |
| 9 | GM GENERAL MTRS CO | Consumer Cyclical | 2.9% | $179.2m | 4,983,202 | -2% | reduced |
| 10 | U S AIRWAYS GROUP INC | 2.9% | $178.0m | 9,385,636 | 0% | held | |
| 11 | QCOM QUALCOMM INC | Technology | 2.7% | $169.6m | 2,517,323 | -16% | reduced |
| 12 | HUN HUNTSMAN CORP | Basic Materials | 2.6% | $161.1m | 7,816,166 | 12% | added |
| 13 | DIA SPDR DOW JONES INDL AVRG ETF | 2.4% | $151.0m | 1,000,000 | 0% | held | |
| 14 | AIG AMERICAN INTL GROUP INC | Financial Services | 2.2% | $135.1m | 2,778,848 | -2% | reduced |
| 15 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 2.2% | $134.4m | 6,576,869 | -2% | reduced |
| 16 | PRU PRUDENTIAL FINL INC | Financial Services | 2.1% | $132.0m | 1,692,581 | -2% | reduced |
| 17 | F FORD MTR CO DEL | Consumer Cyclical | 2.1% | $129.9m | 7,698,815 | -26% | reduced |
| 18 | GOOGLE INC | 2.0% | $126.9m | 144,909 | -12% | reduced | |
| 19 | HIG HARTFORD FINL SVCS GROUP INC | Financial Services | 2.0% | $126.1m | 4,052,770 | -2% | reduced |
| 20 | AAPL APPLE INC | Technology | 1.9% | $116.4m | 244,120 | -36% | reduced |
| 21 | FLR FLUOR CORP NEW | Industrials | 1.7% | $103.6m | 1,459,629 | -2% | reduced |
| 22 | RIG TRANSOCEAN LTD | Energy | 1.6% | $100.5m | 2,259,167 | -12% | reduced |
| 23 | CHICAGO BRIDGE & IRON CO N V | 1.6% | $99.7m | 1,471,044 | -2% | reduced | |
| 24 | OC OWENS CORNING NEW | Industrials | 1.5% | $93.4m | 2,459,292 | -2% | reduced |
| 25 | E M C CORP MASS | 1.4% | $86.6m | 3,389,569 | -9% | reduced | |
| 26 | TEX TEREX CORP NEW | Industrials | 1.3% | $79.2m | 2,356,969 | 8% | added |
| 27 | CE CELANESE CORP DEL | Basic Materials | 1.2% | $74.8m | 1,416,401 | 51% | added |
| 28 | KBR KBR INC | Industrials | 1.1% | $69.8m | 2,137,317 | 21% | added |
| 29 | WHR WHIRLPOOL CORP | Consumer Cyclical | 1.1% | $69.6m | 475,470 | -5% | reduced |
| 30 | AXIALL CORP | 1.1% | $69.5m | 1,840,215 | -2% | reduced | |
| 31 | MAS MASCO CORP | Industrials | 1.0% | $64.6m | 3,037,517 | -2% | reduced |
| 32 | FCX FREEPORT-MCMORAN COPPER & GO | Basic Materials | 0.9% | $58.0m | 1,754,639 | – | new |
| 33 | JPM JPMORGAN CHASE & CO | Financial Services | 0.9% | $57.7m | 1,116,600 | 25% | added |
| 34 | TRN TRINITY INDS INC | Industrials | 0.9% | $55.7m | 1,228,139 | 31% | added |
| 35 | AVGO BROADCOM CORP | Technology | 0.9% | $53.7m | 2,064,336 | -36% | reduced |
| 36 | MWA MUELLER WTR PRODS INC | Industrials | 0.7% | $45.8m | 5,733,825 | -21% | reduced |
| 37 | DELPHI AUTOMOTIVE PLC | 0.7% | $45.8m | 783,311 | -2% | reduced | |
| 38 | FOSTER WHEELER AG | 0.6% | $39.5m | 1,501,470 | -2% | reduced | |
| 39 | HERTZ GLOBAL HOLDINGS INC | 0.5% | $33.2m | 1,500,000 | -50% | reduced | |
| 40 | HES HESS CORP | 0.5% | $32.5m | 420,180 | -2% | reduced | |
| 41 | BAC BANK OF AMERICA CORPORATION | Financial Services | 0.5% | $30.6m | 2,219,607 | -65% | reduced |
| 42 | CCL CARNIVAL CORP | Consumer Cyclical | 0.5% | $29.5m | 903,619 | -49% | reduced |
| 43 | HARTFORD FINL SVCS GROUP INC | 0.5% | $28.5m | 1,275,475 | 0% | held | |
| 44 | BERRY PLASTICS GROUP INC | 0.4% | $25.5m | 1,277,802 | -2% | reduced | |
| 45 | SNDK SANDISK CORP | Technology | 0.4% | $25.3m | 424,934 | -60% | reduced |
| 46 | LNC LINCOLN NATL CORP IND | Financial Services | 0.4% | $23.1m | 550,465 | -2% | reduced |
| 47 | BZH BEAZER HOMES USA INC | Consumer Cyclical | 0.3% | $21.8m | 1,210,943 | -2% | reduced |
| 48 | INGR INGREDION INC | Consumer Defensive | 0.3% | $19.7m | 297,452 | – | new |
| 49 | ASH ASHLAND INC NEW | Basic Materials | 0.3% | $15.7m | 169,665 | -2% | reduced |
| 50 | MPG OFFICE TR INC | 0.2% | $12.4m | 3,967,674 | -2% | reduced |
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.