Clients
Appaloosa serves 2 clients. The average client has about $10.2 billion with the firm.
- Pooled investment vehicles2 clients100%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Pooled investment vehicles | 2 | $20,396,101,407 | 100.0% | $10.20B |
| Total | 2 | $20,396,101,407 | 100% | $10.20B |
- Clients
- 2
- Regulatory AUM
- $20,396,101,407
- Share
- 100.0%
- Avg. per client
- $10.20B
Total
- Clients
- 2
- Regulatory AUM
- $20,396,101,407
- Share
- 100%
- Avg. per client
- $10.20B
What it does
Appaloosa provides portfolio management for pooled vehicles. It is paid through a percentage of assets and performance-based fees.
Appaloosa advises 2 private funds.
100.0% of assets ($20.40B across 2 accounts) are managed with discretion. 50% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
Custodians
Appaloosa has custody of $20.40B for 2 clients.
- All other custodians$20.40B100%
Ownership and leadership
Appaloosa Capital Inc. owns 75% or more of Appaloosa.
- Owns 75% or more of Appaloosa LP
Appaloosa Capital Inc.
Control person · since September 2015
- Owns 75% or more of Appaloosa Capital Inc.
David Tepper
Control person · since September 2015
Leadership
- James BolinVice President of the General Partner
- David TepperPresident of the General Partner
- Michael PalmerTreasurer of the General Partner; Chief Financial Officer
- David BershChief Compliance Officer; General Counsel; Secretary of the General Partner
Staff
- 21 employees
- 12 in advisory functions
Reported holdings
Appaloosa’s reported 13F holdings total $7.73B across 27 positions, and the ten largest make up 78.9% of it.
- $7.73B
- Reported 13F value
- 27
- Positions
- 78.9%
- In the 10 largest
- +30.2%
- Value vs. prior quarter
- Amazon Com Inc.15.4%
- Micron Technology Inc.14.6%
- Taiwan Semiconductor Manufac · Sponsored ADS10.2%
- Alphabet Inc. · Cap Stk CL C8.5%
- Uber Technologies Inc.7.2%
- iShares Inc. · MSCI Sth Kor ETF6.3%
- Meta Platforms Inc. · CL A4.9%
- Vistra Corp.4.5%
- Nvidia Corporation3.9%
- NRG Energy Inc.3.3%
Together, the ten largest are 78.9% of reported value.
A 13F covers only exchange-traded long positions the firm holds with discretion, so this $7.73B is not its $20.40B in regulatory assets and does not represent any individual client's portfolio.
Fees
Appaloosa is paid through a percentage of assets under management and performance-based fees.
Appaloosa’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Appaloosa has 1 office, with 2 listed addresses across 2 states.
Florida · 1 listed address
- Phillips Point, East Tower, West Palm Beach
New Jersey · 1 listed address
- 51 John F. Kennedy Parkway, Second Floor, Short HillsHQ
Registration details
- Legal name
- Appaloosa LP
- Headquarters
- 51 John F. Kennedy Parkway, Second Floor, Short Hills, NJ 07078
- Phone
- 973-701-7000
- Website
- Not reported
- SEC file
- 801-106869
- Structure
- Delaware limited partnership
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Appaloosa have?
Appaloosa has 2 clients and manages $20.4 billion for them, as of March 2026.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Appaloosa offer?
Appaloosa provides portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How many financial advisors does Appaloosa have?
Appaloosa has 0 investment adviser representatives registered with state securities authorities, out of 21 employees, and 12 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
Who owns Appaloosa?
Appaloosa is owned through a holding company by David Tepper. Its direct owner is Appaloosa Capital Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Appaloosa get paid?
Appaloosa is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file