>>> Appaloosa Management discloses updated portfolio positions

Appaloosa Management discloses updated portfolio positions in 13F filing with new positions in KMI, TERP, ABY and closed out JBLU

Appaloosa Management discloses updated portfolio positions in 13F filing: Highlights from 2015 Q4 filing as compared to 2015 Q3 filing:
  • New positions in: KMI (~10.9 mln shares),  ABY (~6.3 mln), ETP (~5.1 mln), TERP (~7.6 mln), FCX (~3.6 mln), PFE (2.4 mln)
  • Increased positions in: ALL (to ~2.9 mln shares from ~0.6 mln shares), LUV (to ~4.3 mln from ~1.6 mln)
  • Decreased positions in: GT (to ~2.1 mln shares from ~5.9 mln shares), NXPI (to ~0.8 mln from ~2.3 mln)
  • Closed positions in: JBLU (from ~4.5 mln shares), TEX (from ~1.7 mln), USG (from ~1.1 mln)