Appaloosa Management 13F holdings, Q1 2014
Holdings as of March 31, 2014 · filings on SEC EDGAR · latest filing →
Appaloosa Management disclosed 56 US equity positions worth $7.5bn in its Q1 2014 13F filing. The largest position was SPY at 12.0% of the reported book, followed by POWERSHARES QQQ TRUST and GOOGLE INC. Against the Q4 2013 filing, it opened 3 new positions, added to 23 and reduced 15 among the top 50 holdings.
What did Appaloosa Management own in Q1 2014? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2013 |
|---|---|---|---|---|---|---|---|
| 1 | SPY SPDR S&P 500 ETF TR | 12.0% | $900.5m | 4,814,613 | -58% | reduced | |
| 2 | POWERSHARES QQQ TRUST | 10.9% | $815.4m | 9,300,167 | 7% | added | |
| 3 | GOOGLE INC | 6.6% | $492.9m | 442,259 | 87% | added | |
| 4 | C CITIGROUP INC | Financial Services | 6.4% | $479.6m | 10,075,139 | 4% | added |
| 5 | AAL AMERICAN AIRLS GROUP INC | Industrials | 4.2% | $314.8m | 8,602,148 | 22% | added |
| 6 | HAL HALLIBURTON CO | Energy | 3.9% | $295.9m | 5,024,621 | 406% | added |
| 7 | GT GOODYEAR TIRE & RUBR CO | Consumer Cyclical | 3.9% | $294.8m | 11,281,096 | -7% | reduced |
| 8 | HCA HCA HOLDINGS INC | Healthcare | 3.7% | $279.7m | 5,326,882 | 4% | added |
| 9 | GM GENERAL MTRS CO | Consumer Cyclical | 3.6% | $271.4m | 7,884,118 | 59% | added |
| 10 | PRICELINE COM INC | 2.9% | $218.4m | 183,224 | – | new | |
| 11 | UAL UNITED CONTL HLDGS INC | Industrials | 2.8% | $207.5m | 4,648,495 | -23% | reduced |
| 12 | DAL DELTA AIR LINES INC DEL | Industrials | 2.8% | $206.8m | 5,969,683 | 6% | added |
| 13 | HUN HUNTSMAN CORP | Basic Materials | 2.4% | $178.6m | 7,315,375 | -4% | reduced |
| 14 | WHR WHIRLPOOL CORP | Consumer Cyclical | 2.0% | $152.0m | 1,016,847 | 128% | added |
| 15 | AAPL APPLE INC | Technology | 1.8% | $134.4m | 250,378 | 16% | added |
| 16 | OC OWENS CORNING NEW | Industrials | 1.8% | $131.5m | 3,046,430 | 1% | added |
| 17 | F FORD MTR CO DEL | Consumer Cyclical | 1.5% | $113.7m | 7,286,816 | 0% | held |
| 18 | DIS DISNEY WALT CO | Communication Services | 1.5% | $110.2m | 1,376,500 | 403% | added |
| 19 | CHICAGO BRIDGE & IRON CO N V | 1.4% | $107.0m | 1,228,114 | -1% | reduced | |
| 20 | EMN EASTMAN CHEM CO | Basic Materials | 1.3% | $99.2m | 1,150,396 | 91% | added |
| 21 | MGM MGM RESORTS INTERNATIONAL | Consumer Cyclical | 1.2% | $93.1m | 3,598,758 | -44% | reduced |
| 22 | QCOM QUALCOMM INC | Technology | 1.0% | $78.0m | 988,523 | -11% | reduced |
| 23 | CBS CORP NEW | 1.0% | $77.9m | 1,260,224 | 158% | added | |
| 24 | CE CELANESE CORP DEL | Basic Materials | 1.0% | $75.3m | 1,356,268 | 0% | held |
| 25 | JPM JPMORGAN CHASE & CO | Financial Services | 1.0% | $72.4m | 1,192,600 | 0% | held |
| 26 | DU PONT E I DE NEMOURS & CO | 1.0% | $71.4m | 1,063,942 | 238% | added | |
| 27 | MAS MASCO CORP | Industrials | 0.9% | $70.6m | 3,176,775 | 8% | added |
| 28 | KBR KBR INC | Industrials | 0.9% | $68.0m | 2,550,000 | 0% | held |
| 29 | PRU PRUDENTIAL FINL INC | Financial Services | 0.9% | $64.0m | 755,727 | -46% | reduced |
| 30 | AXIALL CORP | 0.8% | $63.7m | 1,418,309 | -16% | reduced | |
| 31 | AIG AMERICAN INTL GROUP INC | Financial Services | 0.8% | $61.3m | 1,224,848 | -51% | reduced |
| 32 | TG7 TRIUMPH GROUP INC NEW | 0.8% | $60.1m | 930,876 | 1216% | added | |
| 33 | MET METLIFE INC | Financial Services | 0.8% | $58.8m | 1,113,663 | -54% | reduced |
| 34 | SLB SCHLUMBERGER LTD | Energy | 0.8% | $58.3m | 598,400 | 78% | added |
| 35 | TEX TEREX CORP NEW | Industrials | 0.7% | $56.1m | 1,266,163 | -38% | reduced |
| 36 | AVGO BROADCOM CORP | Technology | 0.7% | $53.3m | 1,693,336 | -1% | reduced |
| 37 | EXPE EXPEDIA INC DEL | Consumer Cyclical | 0.7% | $50.4m | 695,837 | – | new |
| 38 | TRN TRINITY INDS INC | Industrials | 0.7% | $50.1m | 695,444 | -42% | reduced |
| 39 | ASML ASML HOLDING N V | Technology | 0.7% | $49.0m | 525,275 | 222% | added |
| 40 | INGR INGREDION INC | Consumer Defensive | 0.7% | $48.9m | 718,896 | 14% | added |
| 41 | DELPHI AUTOMOTIVE PLC | 0.6% | $48.4m | 713,311 | 0% | held | |
| 42 | CMCSA COMCAST CORP NEW | Communication Services | 0.6% | $45.2m | 902,888 | 131% | added |
| 43 | HES HESS CORP | 0.5% | $34.1m | 411,780 | 0% | held | |
| 44 | HARTFORD FINL SVCS GROUP INC | 0.5% | $34.0m | 1,275,475 | 0% | held | |
| 45 | VMI VALMONT INDS INC | Industrials | 0.4% | $33.6m | 225,535 | 338% | added |
| 46 | BIDU BAIDU INC | Communication Services | 0.4% | $31.3m | 205,692 | 0% | held |
| 47 | IR INGERSOLL-RAND PLC | Industrials | 0.4% | $29.1m | 508,679 | 210% | added |
| 48 | BERRY PLASTICS GROUP INC | 0.4% | $29.0m | 1,252,302 | 0% | held | |
| 49 | META FACEBOOK INC | Communication Services | 0.4% | $28.8m | 478,500 | – | new |
| 50 | MWA MUELLER WTR PRODS INC | Industrials | 0.4% | $28.8m | 3,031,510 | -23% | 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.