David Tepper's Appaloosa Fully Exits 12 Positions Including SanDisk, RTX, L3Harris in Q2 13F

3-line summary

• David Tepper's Appaloosa Management closed out 12 positions entirely in its Q2 2026 13F filed August 14, including SanDisk (281,250 shares), Corning (1,129,500 shares), PDD Holdings (900,000 shares), JD.com (1,305,000 shares), L3Harris Technologies (198,000 shares) and RTX (342,000 shares), according to a Yahoo Finance report.
• Tepper walked entirely out of SanDisk despite the stock being up 591.34% year-to-date through August 14 with a five-quarter EPS beat streak; he exited RTX and L3Harris in the same quarter despite RTX raising its FY2026 EPS guidance to $7.10-$7.25 and L3Harris signing a roughly $12 billion THAAD/PAC-3 production framework.
• Tepper also exited PDD, JD.com and the KWEB ETF and trimmed Alibaba by 1,465,000 shares, while holding $1.1 billion in Micron and adding to Baidu; both SanDisk and Corning shares have since dropped 28% and 35%, respectively, since his Q2 close.

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