David Tepper's Appaloosa Unloads $117 Million of Whirlpool Shares Amid Stock's Decline

1 day ago 3

Josh Kohn-Lindquist, The Motley Fool

Thu, March 19, 2026 astatine 12:11 PM CDT 4 min read

According to a Securities and Exchange Commission (SEC) filing dated Feb. 17, 2026, Appaloosa sold 1,590,000 shares of Whirlpool during the 4th quarter. The estimated transaction worth was $117.38 million, calculated utilizing the quarter’s mean stock price. The fund’s presumption worth declined by $150.23 cardinal implicit the quarter, reflecting some the stock merchantability and marketplace terms changes.

Appaloosa’s post-trade involvement successful Whirlpool represents 4.07% of its reportable AUM, down from 5.85% the erstwhile quarter.

  • Top holdings aft the filing:

    • Alibaba: $753.12 cardinal (11.0% of AUM)

    • Alphabet: $560.74 cardinal (8.2% of AUM)

    • Amazon: $503.05 cardinal (7.3% of AUM)

    • Micron Technology: $428.12 cardinal (6.2% of AUM)

    • Meta Platforms: $396.05 cardinal (5.8% of AUM)

As of March 19, 2026, shares of Whirlpool were priced astatine $54.04, down 42.02% implicit the past twelvemonth and trailing the S&P 500 by 59 percent points.

Metric

Value

Revenue (TTM)

$15.53 billion

Net Income (TTM)

$340.00 million

Dividend Yield

6.66%

Price (as of marketplace adjacent 2026-03-19)

$54.04

  • Whirlpool manufactures and markets large location appliances, including refrigerators, freezers, laundry machines, dishwashers, and cooking appliances, chiefly nether the brands Whirlpool, Maytag, KitchenAid, and JennAir.

  • The institution generates gross by selling appliances and related accessories done retailers, distributors, dealers, builders, and direct-to-consumer channels crossed planetary markets.

  • Primary customers see ample retail chains, autarkic dealers, builders, and extremity consumers successful North America, EMEA, Latin America, and Asia.

Whirlpool is simply a starring planetary shaper of location appliances with a diversified merchandise portfolio and beardown marque recognition. The institution leverages its standard and organisation web to scope a wide lawsuit base, driving accordant gross crossed aggregate regions. Its strategy focuses connected maintaining a robust beingness successful some developed and emerging markets.

After gathering a 5.5 million-share presumption successful Whirlpool — bully for a astir 10% ownership involvement successful the institution — David Tepper and Appaloosa person begun selling shares astatine a loss. Whirlpool looked similar an intriguing worth accidental aft its banal dropped 79% from its all-time precocious successful 2021, but the cyclical banal has yet to amusement that the worst is down it. Battling tariff uncertainty, brushed user spending, and a $6 cardinal nett indebtedness equilibrium against a marketplace headdress of lone $3.5 billion, Whirlpool has already chopped its dividend, yet it remains connected shaky fiscal footing.

Read Entire Article