What did David Tepper actually do?

A source-backed history of material decisions from Appaloosa LP. We preserve the sequence and observed outcomes instead of compressing judgment into a guru grade.

Material decisions: 44
Stocks observed: 16
Outcomes observed: 44

Each outcome preserves the stock’s post-disclosure excess return over the fixed observation window. The evidence stays decision-level; it is not rolled into a manager score.

Observed decisions and outcomes

Q2 2026
filed Aug 14, 2026
45d lag
MUTRIM-41.4%
David Tepper · 9.5% of reported portfolio
Original SEC filing ↗
+6.4% vs SPY
34 sessions after disclosure
direction not supported so far
Q2 2026
filed Aug 14, 2026
45d lag
TSMADD+24.3%
David Tepper · 10.5% of reported portfolio
Original SEC filing ↗
+10.1% vs SPY
34 sessions after disclosure
direction supported so far
Q2 2026
filed Aug 14, 2026
45d lag
UBERADD+21.5%
David Tepper · 7.4% of reported portfolio
Original SEC filing ↗
-9.0% vs SPY
34 sessions after disclosure
direction not supported so far
Q2 2026
filed Aug 14, 2026
45d lag
BABATRIM-42.3%
David Tepper · 7.3% of reported portfolio
Original SEC filing ↗
-15.0% vs SPY
34 sessions after disclosure
direction supported so far
Q2 2026
filed Aug 14, 2026
45d lag
METAADD+54.6%
David Tepper · 5.1% of reported portfolio
Original SEC filing ↗
+28.2% vs SPY
34 sessions after disclosure
direction supported so far
Q2 2026
filed Aug 14, 2026
45d lag
PDDEXITEXIT
David Tepper · 1.6% of reported portfolio
Original SEC filing ↗
-13.2% vs SPY
34 sessions after disclosure
direction supported so far
Q2 2026
filed Aug 14, 2026
45d lag
AVGONEWNEW
David Tepper · 0.8% of reported portfolio
Original SEC filing ↗
-9.2% vs SPY
34 sessions after disclosure
direction not supported so far
Q2 2026
filed Aug 14, 2026
45d lag
MSFTEXITEXIT
David Tepper · 0.6% of reported portfolio
Original SEC filing ↗
+8.1% vs SPY
34 sessions after disclosure
direction not supported so far
Q1 2026
filed May 15, 2026
45d lag
AMZNADD+98.2%
David Tepper · 15.2% of reported portfolio
Original SEC filing ↗
-6.2% vs SPY
63 sessions after disclosure
direction not supported so far
Q1 2026
filed May 15, 2026
45d lag
BABATRIM-32.6%
David Tepper · 11.0% of reported portfolio
Original SEC filing ↗
-10.4% vs SPY
63 sessions after disclosure
direction supported so far
Q1 2026
filed May 15, 2026
45d lag
METATRIM-27.3%
David Tepper · 5.8% of reported portfolio
Original SEC filing ↗
-11.7% vs SPY
63 sessions after disclosure
direction supported so far
Q1 2026
filed May 15, 2026
45d lag
MSFTTRIM-82.0%
David Tepper · 3.5% of reported portfolio
Original SEC filing ↗
+8.8% vs SPY
63 sessions after disclosure
direction not supported so far
Q1 2026
filed May 15, 2026
45d lag
PDDTRIM-49.3%
David Tepper · 2.9% of reported portfolio
Original SEC filing ↗
-13.3% vs SPY
63 sessions after disclosure
direction supported so far
Q1 2026
filed May 15, 2026
45d lag
UNHTRIM-55.0%
David Tepper · 1.0% of reported portfolio
Original SEC filing ↗
-3.1% vs SPY
63 sessions after disclosure
direction supported so far
Q4 2025
filed Feb 17, 2026
48d lag
BABATRIM-20.3%
David Tepper · 15.6% of reported portfolio
Original SEC filing ↗
-22.4% vs SPY
63 sessions after disclosure
direction supported so far
Q4 2025
filed Feb 17, 2026
48d lag
GOOGADD+28.8%
David Tepper · 8.2% of reported portfolio
Original SEC filing ↗
+21.5% vs SPY
63 sessions after disclosure
direction supported so far
Q4 2025
filed Feb 17, 2026
48d lag
MUADD+200.0%
David Tepper · 6.2% of reported portfolio
Original SEC filing ↗
+54.0% vs SPY
63 sessions after disclosure
direction supported so far
Q4 2025
filed Feb 17, 2026
48d lag
METAADD+62.2%
David Tepper · 5.8% of reported portfolio
Original SEC filing ↗
-12.8% vs SPY
63 sessions after disclosure
direction not supported so far
Q4 2025
filed Feb 17, 2026
48d lag
FISVEXITEXIT
David Tepper · 1.6% of reported portfolio
Original SEC filing ↗
-18.0% vs SPY
63 sessions after disclosure
direction supported so far
Q3 2025
filed Nov 13, 2025
44d lag
UNHTRIM-91.7%
David Tepper · 11.9% of reported portfolio
Original SEC filing ↗
-11.5% vs SPY
63 sessions after disclosure
direction supported so far
Q3 2025
filed Nov 13, 2025
44d lag
MUTRIM-39.4%
David Tepper · 1.6% of reported portfolio
Original SEC filing ↗
+60.1% vs SPY
63 sessions after disclosure
direction not supported so far
Q3 2025
filed Nov 13, 2025
44d lag
ORCLEXITEXIT
David Tepper · 0.5% of reported portfolio
Original SEC filing ↗
-32.6% vs SPY
63 sessions after disclosure
direction supported so far
Q2 2025
filed Aug 14, 2025
45d lag
BABATRIM-23.4%
David Tepper · 21.9% of reported portfolio
Original SEC filing ↗
+23.7% vs SPY
63 sessions after disclosure
direction not supported so far
Q2 2025
filed Aug 14, 2025
45d lag
UNHADD+1300.0%
David Tepper · 11.9% of reported portfolio
Original SEC filing ↗
+5.7% vs SPY
63 sessions after disclosure
direction supported so far
Q2 2025
filed Aug 14, 2025
45d lag
PDDTRIM-54.2%
David Tepper · 9.3% of reported portfolio
Original SEC filing ↗
+7.9% vs SPY
63 sessions after disclosure
direction not supported so far
Q2 2025
filed Aug 14, 2025
45d lag
METATRIM-27.3%
David Tepper · 5.7% of reported portfolio
Original SEC filing ↗
-28.9% vs SPY
63 sessions after disclosure
direction supported so far
Q2 2025
filed Aug 14, 2025
45d lag
GOOGTRIM-25.4%
David Tepper · 5.6% of reported portfolio
Original SEC filing ↗
+33.9% vs SPY
63 sessions after disclosure
direction not supported so far
Q2 2025
filed Aug 14, 2025
45d lag
NVDAADD+483.3%
David Tepper · 4.3% of reported portfolio
Original SEC filing ↗
+0.9% vs SPY
63 sessions after disclosure
direction supported so far
Q2 2025
filed Aug 14, 2025
45d lag
TSMADD+279.6%
David Tepper · 3.6% of reported portfolio
Original SEC filing ↗
+15.5% vs SPY
63 sessions after disclosure
direction supported so far
Q2 2025
filed Aug 14, 2025
45d lag
ORCLTRIM-78.6%
David Tepper · 1.8% of reported portfolio
Original SEC filing ↗
-14.9% vs SPY
63 sessions after disclosure
direction supported so far
Q2 2025
filed Aug 14, 2025
45d lag
MUADD+106.3%
David Tepper · 1.6% of reported portfolio
Original SEC filing ↗
+96.2% vs SPY
63 sessions after disclosure
direction supported so far
Q1 2025
filed May 15, 2025
45d lag
BABATRIM-22.1%
David Tepper · 15.5% of reported portfolio
Original SEC filing ↗
-8.7% vs SPY
63 sessions after disclosure
direction supported so far
Q1 2025
filed May 15, 2025
45d lag
MSFTTRIM-47.4%
David Tepper · 6.3% of reported portfolio
Original SEC filing ↗
+5.9% vs SPY
63 sessions after disclosure
direction not supported so far
Q1 2025
filed May 15, 2025
45d lag
ORCLTRIM-50.0%
David Tepper · 3.6% of reported portfolio
Original SEC filing ↗
+46.4% vs SPY
63 sessions after disclosure
direction not supported so far
Q1 2025
filed May 15, 2025
45d lag
MUTRIM-66.7%
David Tepper · 1.6% of reported portfolio
Original SEC filing ↗
+14.8% vs SPY
63 sessions after disclosure
direction not supported so far
Q1 2025
filed May 15, 2025
45d lag
NVDATRIM-55.9%
David Tepper · 1.4% of reported portfolio
Original SEC filing ↗
+24.7% vs SPY
63 sessions after disclosure
direction not supported so far
Q4 2024
filed Feb 10, 2025
41d lag
METATRIM-21.6%
David Tepper · 5.3% of reported portfolio
Original SEC filing ↗
-7.7% vs SPY
63 sessions after disclosure
direction supported so far
Q4 2024
filed Feb 10, 2025
41d lag
ADBEEXITEXIT
David Tepper · 1.5% of reported portfolio
Original SEC filing ↗
-10.3% vs SPY
63 sessions after disclosure
direction supported so far
Q4 2024
filed Feb 10, 2025
41d lag
TSMTRIM-37.5%
David Tepper · 1.0% of reported portfolio
Original SEC filing ↗
-6.7% vs SPY
63 sessions after disclosure
direction supported so far
Q3 2024
filed Nov 14, 2024
45d lag
PDDADD+173.3%
David Tepper · 10.6% of reported portfolio
Original SEC filing ↗
+4.2% vs SPY
63 sessions after disclosure
direction supported so far
Q3 2024
filed Nov 14, 2024
45d lag
METATRIM-33.2%
David Tepper · 7.6% of reported portfolio
Original SEC filing ↗
+22.1% vs SPY
63 sessions after disclosure
direction not supported so far
Q3 2024
filed Nov 14, 2024
45d lag
ORCLTRIM-21.3%
David Tepper · 4.6% of reported portfolio
Original SEC filing ↗
-6.0% vs SPY
63 sessions after disclosure
direction supported so far
Q3 2024
filed Nov 14, 2024
45d lag
ADBETRIM-44.4%
David Tepper · 3.2% of reported portfolio
Original SEC filing ↗
-14.2% vs SPY
63 sessions after disclosure
direction supported so far
Q3 2024
filed Nov 14, 2024
45d lag
FDXTRIM-31.8%
David Tepper · 2.7% of reported portfolio
Original SEC filing ↗
-13.9% vs SPY
63 sessions after disclosure
direction supported so far

Latticework Follow

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The evidence is limited to selected widely owned U.S.-listed securities in Form 13F filings. Filing dates can trail quarter end by up to 45 days in the normal reporting cycle, and the filings do not disclose transaction dates, prices, or intent.