Exited position

David Tepper’s Mgm Resorts International (MGM) position

Reported position history, portfolio importance and verified filing changes from public SEC disclosures.

Appaloosa LPVerified through Q2 2026
Relationship snapshot

At a glance

The full verified relationship, including prior ownership episodes and exits where supported.

First reportedQ4 2017Earliest verified positive filing snapshot
Latest statusExited positionBased on the latest supported relationship state
Peak shares4.07MHighest verified quarter-end share count
Quarters reported3Verified quarters with shares above zero
What happened?

Appaloosa LP first reported Mgm Resorts International in Q4 2017. The reported position was increased and reduced across later filings. The latest verified relationship event shows that Appaloosa LP sold the entire position in Q3 2018, and the stock is no longer reported in the latest verified portfolio.

Verified SEC history

Position over time

See the same verified relationship through reported shares, portfolio weight or reported value.

Metric

Gaps indicate periods that cannot be safely connected or where a verified corporate action changes the raw share scale. Stock price, when available, is market context and not a transaction price.

Key filing events

What changed

Latest filing plus the most meaningful reported changes. Unchanged quarters are collapsed by default.

Q3 2018
Sold the entire position−793.50K shares · No shares reported at quarter-end
Q2 2018
Sold 80.5% of the position−3.28M shares · 793.50K shares remained
Filing context

Quarter-end price $29.03 · Estimated holding basis $34.09

Q1 2018
Bought 74.9% more+1.74M shares · 4.07M shares reported after the change
Filing context

Quarter-end price $35.02 · Estimated holding basis $34.09

Q4 2017
New position+2.33M shares · 2.33M shares reported
Filing context

Quarter-end price $33.39 · Estimated holding basis $33.39

Portfolio importance

How important was Mgm Resorts International in Appaloosa LP’s reported portfolio?

Relative importance is measured only within the verified primary non-option reported portfolio for each quarter.

Last reported portfolio weight0.3%Q2 2018
Last reported rank#46of 48 reported positions
Peak portfolio weight1.5%Q1 2018
Best historical rank#15Q1 2018
At peak importanceQ1 2018
MGM
1.5%
Largest holding
19.0%
SEC evidence & methodology

SEC filing evidence

Market context and filing-derived values are kept separate from actual transaction prices, which 13F filings do not disclose.

Latest verified stock price$39.892026-09-11

Market context only; not an investor transaction price.

Latest verified investor filingQ2 2026 · filed 2026-08-14
Open SEC filing ↗

This tracker follows Appaloosa LP’s Form 13F disclosures—not David Tepper’s personal brokerage account. Form 13F reports quarter-end U.S.-listed positions and certain options, but it does not reveal exact trade dates, execution prices, short positions or the purpose of an option position.