David Tepper Portfolio Analysis (September 30, 2021)

Famous superinvestor, David Tepper, revealed in a recent regulatory filing his newest positions.  In David Tepper portfolio 2021 analysis, we will go into more detail about top 10 stocks this superinvestor had as of September 30, 2021.

Tepper manages his investments via his hedge fund, Appaloosa Lp, which holds about $4.2 billion according to the latest available 13F filling.

The most notable stocks in David Tepper’s Q3 portfolio include Alphabet Inc, Facebook Inc, T-Mobile Us Inc, Amazon Com Inc and Occidental Pete Corp. In addition to others mentioned in detail below.

We used the Q3 portfolio of David Tepper’s Appaloosa Lp to select his top 10 value stocks. We ranked the securities according to Tepper’s stake value in each holding.

Summary

  • David Tepper’s top 10 securities make up about 53.1% of the entire portfolio.
  • Appaloosa Lp owns position in 47 holdings with management of $4.2 billion.
  • Alphabet Inc, Tepper’s largest holding, makes up 9.3% of the total portfolio.

Alphabet Inc (GOOGL)

Appaloosa Lp’s stake value: $391.8 Million

Percentage of Appaloosa Lp’s 13F Portfolio: 9.3%

Alphabet Inc does business in All Other Telecommunications industry, which is Information sector and has 135301 employees.

Larry Page and Sergey Brin founded Google in September 1998. Since then, the company has grown to more than 130,000 employees worldwide, with a wide range of popular products and platforms like Search, Maps, Ads, Gmail, Android, Chrome, Google Cloud and YouTube. In October 2015, Alphabet became the parent holding company of Google. Current CEO is Sundar Pichai.

Facebook Inc (FB)

Appaloosa Lp’s stake value: $387.8 Million

Percentage of Appaloosa Lp’s 13F Portfolio: 9.2%

Meta Platforms Inc does business in Data Processing, Hosting, and Related Servicesindustry, which is Information sector and has 58604 employees.

Founded in 2004, Facebook’s mission is to give people the power to build community and bring the world closer together. People use Facebook’s apps and technologies to connect with friends and family, find communities and grow businesses. Current CEO is Mark Zuckerberg.

T-Mobile Us Inc (TMUS)

Appaloosa Lp’s stake value: $325.1 Million

Percentage of Appaloosa Lp’s 13F Portfolio: 7.7%

T-Mobile US Inc does business in Wireless Telecommunications Carriers (except Satellite)industry, which is Information sector and has 75000 employees.

T-Mobile U.S. Inc. is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. Current CEO is G. Michael Sievert.

Amazon Com Inc (AMZN)

Appaloosa Lp’s stake value: $230.0 Million

Percentage of Appaloosa Lp’s 13F Portfolio: 5.5%

Amazon.com Inc. does business in Electronic Shopping and Mail-Order Houses industry, which is Retail Trade sector and has 1298000 employees.

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. Current CEO is Jeffrey Bezos.

Occidental Pete Corp (OXY)

Appaloosa Lp’s stake value: $196.4 Million

Percentage of Appaloosa Lp’s 13F Portfolio: 4.7%

Occidental Petroleum Corp. does business in Crude Petroleum and Natural Gas Extraction industry, which is Mining, Quarrying, and Oil and Gas Extraction sector and has 11800 employees.

Occidental is an international energy company with assets in the United States, Middle East, Africa and Latin America. It is one of the largest oil producers in the U.S., including a leading producer in the Permian and DJ basins, and offshore Gulf of Mexico. Its midstream and marketing segment provides flow assurance and maximizes the value of our oil and gas. Its chemical subsidiary OxyChem manufactures the building blocks for life-enhancing products. Its Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow its business while reducing emissions. It is committed to using its global leadership in carbon management to advance a lower-carbon world. Current CEO is Vicki Hollub.

Micron Technology Inc (MU)

Appaloosa Lp’s stake value: $195.2 Million

Percentage of Appaloosa Lp’s 13F Portfolio: 4.6%

Micron Technology Inc. does business in Semiconductor and Related Device Manufacturing industry, which is Manufacturing sector and has 2021 employees.

It is an industry leader in innovative memory and storage solutions. Through its global brands – Micron® and Crucial® – its broad portfolio of high-performance memory and storage technologies, including DRAM, NAND, 3D XPoint™ memory, and NOR, is transforming how the world uses information to enrich life for all. Backed by more than 40 years of technology leadership, its memory and storage solutions enable disruptive trends, including artificial intelligence, 5G, machine learning, and autonomous vehicles, in key market segments like mobile, data center, client, consumer, industrial, graphics, automotive, and networking. Current CEO is Sanjay Mehrotra.

Macys Inc (M)

Appaloosa Lp’s stake value: $158.2 Million

Percentage of Appaloosa Lp’s 13F Portfolio: 3.8%

Macy`s Inc does business in Department Stores (except Discount Department Stores) industry, which is Retail Trade sector and has 75711 employees.

Macy’s, Inc. is one of the nation’s premier omni-channel fashion retailers. The company comprises three retail brands, Macy’s, Bloomingdale’s and Bluemercury. Macy’s, Inc. is headquartered in New York, New York. Current CEO is Jeffrey Gennette.

Pg&E Corp (PCG)

Appaloosa Lp’s stake value: $135.6 Million

Percentage of Appaloosa Lp’s 13F Portfolio: 3.2%

PG&E Corp. does business in Nuclear Electric Power Generation industry, which is Utilities sector and has 2020 employees.

Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE:PCG), is one of the largest combined natural gas and electric energy companies in the United States. Based in San Francisco, with more than 23,000 employees, the company delivers some of the nation’s cleanest energy to 16 million people in Northern and Central California. Current CEO is Bill Smith.

Select Sector Spdr Tr (XLK)

Appaloosa Lp’s stake value: $115.1 Million

Percentage of Appaloosa Lp’s 13F Portfolio: 2.7%

The Consumer Discretionary Select Sector SPDR Fund (the “Fund”) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in the Consumer Discretionary Select Sector Index. The Fund’s benchmark is the Consumer Discretionary Select Sector Index (the “Index”).

D R Horton Inc (DHI)

Appaloosa Lp’s stake value: $100.3 Million

Percentage of Appaloosa Lp’s 13F Portfolio: 2.4%

D.R. Horton Inc. does business in Residential Remodelers industry, which is Construction sector and has 9716 employees.

D.R. Horton, Inc., America’s Builder, has been the largest homebuilder by volume in the United States since 2002. Founded in 1978 in Fort Worth, Texas, D.R. Horton has operations in 88 markets in 29 states across the United States and closed 65,388 homes during its fiscal year ended September 30, 2020. The Company is engaged in the construction and sale of high-quality homes through its diverse brand portfolio that includes D.R. Horton, Emerald Homes, Express Homes and Freedom Homes ranging from $150,000 to over $1,000,000. D.R. Horton also provides mortgage financing, title services and insurance agency services for homebuyers through its mortgage, title and insurance subsidiaries. Current CEO is David Auld.

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