According to a 13F filing submitted to the U.S. Securities and Exchange Commission (SEC), Appaloosa LP, managed by renowned "Wall Street Bottom-Fisher" David Tepper, disclosed its Q3 2025 portfolio holdings as of September 30. The report shows Appaloosa's total U.S. equity holdings reached $7.38 billion, up 14% from $6.45 billion in the previous quarter.

During the quarter, Appaloosa added 10 new stocks, increased positions in 9 stocks, reduced holdings in 24 stocks, and completely exited 3 positions. The top 10 holdings accounted for 57.59% of the total portfolio value.

Key highlights of the top five holdings: 1. **Alibaba (BABA.US)**: Remained the largest position with 6.45 million shares (down 8.73% QoQ), valued at approximately $1.15 billion (15.61% of the portfolio). 2. **Amazon (AMZN.US)**: Second-largest holding with 2.5 million shares (down 7.41% QoQ), worth around $550 million (7.43% of the portfolio). 3. **Whirlpool (WHR.US)**: Third-largest position surged 1,966.95% QoQ to 5.5 million shares, valued at $430 million (5.85% of the portfolio). Notably, Whirlpool’s stock fell over 16% in Q3 after a 22% decline in Q2. 4. **NVIDIA (NVDA.US)**: Fourth-largest holding with 1.9 million shares (up 8.57% QoQ), worth $350 million (4.80% of the portfolio). 5. **Alphabet (GOOG.US)**: Fifth position with 1.39 million shares (down 7.50% QoQ), valued at $340 million (4.58% of the portfolio).

Appaloosa also significantly increased stakes in KraneShares CSI China Internet ETF (KWEB.US), Qualcomm (QCOM.US), and Baidu (BIDU.US), while fully divesting Intel (INTC.US), Oracle (ORCL.US), and KE Holdings (BEKE.US). The firm initiated a new position in Advanced Micro Devices (AMD.US).

**Top 5 Buys**: Whirlpool, AMD, KWEB, Qualcomm, and Fiserv (FISV.US). **Top 5 Sells**: UnitedHealth (UNH.US), Intel, Vistra Energy (VST.US), Amazon, and Meta Platforms (META.US).