David Tepper's top holdings (August 2025) include Alibaba Group Holding Ltd (BABA), a multinational technology and e-commerce conglomerate.

David Tepper is the founder and president of Appaloosa Management, a hedge fund known for its focus on distressed debt and public equities. His firm evaluates a wide range of companies for potential investment opportunities across various market conditions.

Alibaba Group Holding Ltd (BABA)

Alibaba Group Holding Ltd is a global leader in e-commerce, cloud computing, digital media, and innovation businesses. The company operates vast online marketplaces and offers cloud services through Alibaba Cloud, serving a significant global customer base. The company has a market capitalization of $286.39 billion, with David Tepper's position currently valued at $1.11 billion. Analysts have set a price target of $178.0 for Alibaba, while 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:

Amazon.com Inc. (AMZN)

Amazon.com Inc. is a major player in e-commerce, cloud services, and digital streaming. It operates a vast online retail platform, provides cloud infrastructure services through Amazon Web Services (AWS), and offers entertainment content. This holding in David Tepper's portfolio is currently worth $587.62 million, and the company's market cap stands at $2.46 trillion. A discounted cash flow value for Amazon is indicated at $29.6 per share, and analysts project a price target of $245.0.
Here's an overview of David Tepper's trades in Amazon.com Inc.:

PDD Holdings Inc (PDD)

PDD Holdings Inc operates a portfolio of businesses, including the Pinduoduo e-commerce platform, which focuses on interactive shopping experiences and group buying. The company has a notable presence in the online retail sector. The current value of David Tepper's position in PDD Holdings is $495.78 million, with the company's market capitalization recorded at $164.5 billion. The discounted cash flow value is $216.53 per share, and analysts have a price target of $121.0.
Here's an overview of David Tepper's trades in PDD Holdings Inc:

Vistra Corp (VST)

Vistra Corp is an integrated retail electricity and power generation company. It provides electricity to residential, commercial, and industrial customers primarily in the U.S., operating a diverse fleet of power plants. Vistra's market capitalization is $65.22 billion. David Tepper's holding in the company is currently valued at $479.64 million. Analysts project a price target of $163.0 for Vistra, with a discounted cash flow value of $41.81 per share.
Here's an overview of David Tepper's trades in Vistra Corp:

Meta Platforms Inc (META)

Meta Platforms Inc. is a global technology company that builds technologies connecting people, including social media platforms like Facebook, Instagram, and WhatsApp, and also invests in virtual and augmented reality. Its products and services reach billions worldwide. With a market capitalization of $1.79 trillion, the position is currently valued at $425.39 million in David Tepper's portfolio. The discounted cash flow value for Meta is $575.84 per share, and analysts target a price of $850.0.
Here's an overview of David Tepper's trades in Meta Platforms Inc: