David Tepper's top holdings (October 2025) include Alibaba Group Holding Ltd (BABA), a major e-commerce, retail, and technology company with a significant global presence.

David Tepper is the founder and president of Appaloosa Management, a hedge fund firm established in 1993. His investment approach typically focuses on distressed debt and value-oriented equity opportunities, seeking out companies that may be undervalued by the market.

Alibaba Group Holding Ltd (BABA)

Alibaba Group is a multinational technology conglomerate based in China, specializing in e-commerce, retail, internet, and technology. It operates several major platforms including Taobao, Tmall, and Alibaba Cloud, serving a vast global customer base. The company holds a market capitalization of $399.05B, with David Tepper's position currently valued at $1.26B. Analysts have set a price target of $167.5 for Alibaba, and its discounted cash flow analysis suggests a value of $52.38 per share.
Here's an overview of David Tepper's trades in Alibaba Group Holding Ltd:

Unitedhealth Group Inc (UNH)

UnitedHealth Group is a diversified health and well-being company, offering a wide range of healthcare products and services. Its core businesses include health benefits plans through UnitedHealthcare and health services through Optum. The current value of David Tepper's holding in UnitedHealth Group is $845.99M. The company's market cap stands at $311.62B. According to discounted cash flow analysis, the per-share value is $1.09K, and analysts project a price target of $335.38.
Here's an overview of David Tepper's trades in Unitedhealth Group Inc:

Amazon.com Inc. (AMZN)

Amazon is a global leader in e-commerce, cloud computing, digital streaming, and artificial intelligence. It operates the world's largest online retailer, provides cloud services through Amazon Web Services (AWS), and develops consumer electronics. Amazon.com has a market capitalization of $2.34T. This holding in David Tepper's portfolio is currently worth $592.84M. Analysts covering the stock have provided a price target of $256.43, with a discounted cash flow valuation indicating $31.72 per share.
Here's an overview of David Tepper's trades in Amazon.com Inc.:

Alphabet Inc (GOOG)

Alphabet Inc. is a multinational technology conglomerate, best known for its Google search engine. The company's diverse portfolio includes Android, YouTube, Chrome, and various other internet-related products and services, along with ventures into AI and autonomous technology. The current value of David Tepper's position in Alphabet Inc. Class C shares is $365.33M. The company's market capitalization is $2.98T. Analysts forecast a price target of $222.5, and its discounted cash flow value is estimated at $271.78 per share.
Here's an overview of David Tepper's trades in Alphabet Inc:

Vistra Corp (VST)

Vistra Corp is a major integrated retail electricity and power generation company, primarily serving customers in competitive markets across the United States. It operates a diverse portfolio of generation facilities, including nuclear, natural gas, solar, and battery energy storage. Vistra Corp's market cap is $70.21B, and David Tepper's position in the company is currently valued at $352.66M. A discounted cash flow analysis for Vistra suggests a value of $74.92 per share, while analysts have set a price target of $234.33.
Here's an overview of David Tepper's trades in Vistra Corp: