Appaloosa LP
What you'd have made by mirroring Appaloosa LP's public 13F filings, starting with $10,000 on May 13, 2016 and rebalancing at every disclosure through May 31, 2026.
Equity curve
$10,000 mirrored · vs EFARisk profile
Weekly mirror returns vs EFA · rf ≈ 4%Drawdown
Underwater curve — distance below running peakLargest drawdown: -37.1% from 2018-06-08 to 2020-03-20 · recovered 2020-08-28.
Style decomposition
R² 44% · 525 weekly obsMultivariate regression of weekly mirror excess return on five style factors built from the benchmark ETFs: SPY (market), IWM−SPY (size), QQQ−SPY (growth), EFA−SPY (international), AGG−SPY (bonds). The intercept is the “true alpha” after stripping these passive tilts. ✓ marks loadings whose |t-stat| ≥ 2 (≈ 95% confidence the loading is non-zero).
Rolling 1y alpha
Trailing 52w mirror return − EFA returnWhether the headline alpha was earned recently or decades ago. Bands above the zero line are quarters where the mirror beat EFA on a trailing-year basis; bands below are quarters where it lost ground. A flat positive line = steady outperformance; a curve that crosses often = regime-dependent strategy.
Realized P&L · closed trades
Cumulative profit from positions opened and later soldBiggest closed trades
| Issuer | Entry | Exit | Held | Return | P&L |
|---|---|---|---|---|---|
CAESARS ENTERTAINMENT INC NE CZR | Q1 2023 | Q1 2026 | 12Q | -64% | −$11.39B |
MATCH GROUP INC NEW MTCH | Q2 2023 | Q3 2023 | 1Q | +39% | +$7.85B |
ARK ETF TR ARKK | Q2 2023 | Q3 2023 | 1Q | +11% | +$2.27B |
CHESAPEAKE ENERGY CORP EXE | Q2 2021 | Q2 2025 | 16Q | +181% | +$293.27M |
T MOBILE US INC TMUS | Q1 2018 | Q2 2022 | 17Q | +116% | +$283.88M |
OCCIDENTAL PETE CORP OXY | Q1 2021 | Q4 2022 | 7Q | +179% | +$251.11M |
HCA HOLDINGS INC HCA | Q2 2016 | Q3 2018 | 9Q | +68% | +$168.4M |
ORACLE CORP ORCL | Q1 2024 | Q4 2025 | 7Q | +94% | +$131.19M |
MICRON TECHNOLOGY INC MU | Q1 2017 | Q4 2022 | 23Q | +169% | +$120.63M |
ALLSTATE CORP ALL | Q2 2016 | Q3 2018 | 9Q | +52% | +$112.09M |