{"url":"https://nivawealth.com/firms/appaloosa-281909","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/281909","regulatoryAum":20396101407,"crd":"281909","secFileNumber":"801-106869","legalName":"Appaloosa LP","displayName":"Appaloosa","website":null,"founded":null,"organization":"Delaware limited partnership","fiscalYearEnd":"December","headquarters":{"street":"51 John F. Kennedy Parkway, Second Floor","city":"Short Hills","state":"NJ","stateName":"New Jersey","country":"United States","postalCode":"07078"},"tradeNames":[],"registration":{"secApproved":"17 November 2015","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":21,"advisory":12,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":20396101407,"discretionaryAccounts":2,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":50,"nonAumClients":0},"clientTypes":[{"label":"Pooled investment vehicles","clients":2,"regulatoryAum":20396101407}],"fees":[],"feeNotes":[],"feePrograms":[],"brochureCoverage":{"scope":"known_documents","status":"not_processed","checkedAt":null,"documents":[]},"custodians":[],"custodyNote":"Appaloosa has custody of $20.40B for 2 clients.","otherCustodians":[],"leadership":[{"name":"James Bolin","title":"Vice President of the General Partner","crd":"1956807"},{"name":"David Tepper","title":"President of the General Partner","crd":"1430145"},{"name":"Michael Palmer","title":"Treasurer of the General Partner; Chief Financial Officer","crd":"2264841"},{"name":"David Bersh","title":"Chief Compliance Officer; General Counsel; Secretary of the General Partner","crd":"5163923"}],"ownership":[{"label":"Appaloosa Capital Inc.","detail":"General partner in the 75% or more ownership band and a control person, since September 2015."},{"label":"David Tepper","detail":"Indirect owner: a president; shareholder of Appaloosa Capital Inc. in the 75% or more band and a control person, since September 2015.","parent":"Appaloosa Capital Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"Phillips Point, East Tower","city":"West Palm Beach"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"51 John F. Kennedy Parkway, Second Floor","city":"Short Hills","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"973-701-7000","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for pooled investment vehicles (other than investment companies)"],"financialPlanningClients":null,"assetMix":[],"privateFunds":2},"sources":{"adv1FilingDate":"25 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/281909/PDF/281909.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Appaloosa have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Appaloosa offer?","answer":"Appaloosa provides portfolio management for pooled vehicles.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How many financial advisors does Appaloosa have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Appaloosa?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Appaloosa get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":{"url":"https://nivawealth.com/firms/appaloosa-281909/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-08-14","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/1656456/000165645626000003/0001656456-26-000003-index.html","totalValue":7725383349,"positionCount":27,"top10Share":0.7892718502816137,"top10":[{"issuer":"AMAZON COM INC","titleOfClass":"COM","cusip":"023135106","value":1191700000,"shares":5000000,"shareType":"SH","priorValue":899726400,"priorShares":4320000},{"issuer":"MICRON TECHNOLOGY INC","titleOfClass":"COM","cusip":"595112103","value":1125432750,"shares":975000,"shareType":"SH","priorValue":562503600,"priorShares":1665000},{"issuer":"TAIWAN SEMICONDUCTOR MANUFAC","titleOfClass":"SPONSORED 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Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}