PointState Capital LP — 13F Holdings & Portfolio
CIK 1509842 · latest 13F-HR filed 2026-05-15
PointState Capital LP manages $7.90B in 13F-reported U.S. long-equity assets across 46 reported positions as of its 2026-03-31 13F-HR filing. Its largest disclosed positions are SPY (42.00%), PCG (4.78%), CX (3.66%). Quarter over quarter (versus its 2025-12-31 filing) the fund opened 12 new positions, exited 23, added to 8, and trimmed 20.
AUM is the long-equity portion reported on Form 13F-HR. Excludes short positions, cash, foreign holdings, and non-13F assets. For informational purposes only — not investment advice.
$7.90B
Long-equity book
46
Distinct positions
2026-03-31
Filed 2026-05-15
+12 / −23 / ↑8 / ↓20
vs 2025-12-31
| Name | Title / Status | Ownership | Type |
|---|
Top Adds (vs prior quarter)
- PG&E CORP$187.6M +99.0%
- DOORDASH INC$151.2M +122.4%
- BLOCK INC$105.5M +78.8%
- CEMEX SA EURO MTN BE 144A$90.2M +45.4%
- WABTEC$30.9M +26.0%
Top Trims
- STUBHUB HLDGS INC-$210.3M -62.6%
- FREEPORT MCMORAN INC-$198.0M -99.7%
- CARPENTER TECHNOLOGY CORP-$187.6M -97.4%
- COUPANG INC-$171.6M -92.5%
- FLUTTER ENTMT PLC-$156.6M -52.0%
New Positions
- ISHARES INC$211.7M
- QNITY ELECTRONICS INC$200.5M
- ENTEGRIS INC$130.4M
- ISHARES INC$93.0M
- RAMBUS INC DEL$60.3M
Exited Positions
- CONSTELLATION ENERGY CORP$292.4M
- AMAZON COM INC$290.0M
- SCHWAB CHARLES CORP$240.6M
- CCC INTELLIGENT SOLUTIONS HL$150.5M
- BANK AMERICA CORP$78.0M
Rows tagged Call or Put are options positions, not stock. Per SEC Form 13F-HR, Value shows the notional value of the underlying (shares covered × underlying price), not the option premium. Shares is the number of underlying shares covered (divide by 100 for contract count).
| # | Issuer | Symbol | CUSIP | Value | Weight | Shares | Type |
|---|---|---|---|---|---|---|---|
| 1 | STATE STR SPDR S&P 500 ETF T Put | SPY | 78462F103 | $3.32B | 42.00% | 5,100,000 | SH |
| 2 | PG&E CORP | PCG | 69331C108 | $377.2M | 4.78% | 21,467,215 | SH |
| 3 | CEMEX SA EURO MTN BE 144A | CX | 151290889 | $288.8M | 3.66% | 25,243,519 | SH |
| 4 | DOORDASH INC | DASH | 25809K105 | $274.8M | 3.48% | 1,829,987 | SH |
| 5 | ISHARES TR Put | IWM | 464287655 | $272.8M | 3.45% | 1,100,000 | SH |
| 6 | NVENT ELEC PLC | NVT | G6700G107 | $259.8M | 3.29% | 2,196,528 | SH |
| 7 | BLOCK INC | XYZ | 852234103 | $239.4M | 3.03% | 3,977,687 | SH |
| 8 | ISHARES INC | EWY | 464286772 | $211.7M | 2.68% | 1,720,621 | SH |
| 9 | QNITY ELECTRONICS INC | Q | 74743L100 | $200.5M | 2.54% | 1,737,944 | SH |
| 10 | ARAMARK | ARMK | 03852U106 | $183.7M | 2.33% | 4,532,293 | SH |
| 11 | RUBRIK INC. | RBRK | 781154109 | $178.6M | 2.26% | 3,646,244 | SH |
| 12 | GRAB HOLDINGS LIMITED | GRAB | G4124C109 | $154.7M | 1.96% | 42,272,380 | SH |
| 13 | WABTEC | WAB | 929740108 | $150.1M | 1.90% | 600,656 | SH |
| 14 | NATERA INC | NTRA | 632307104 | $148.0M | 1.87% | 739,879 | SH |
| 15 | FLUTTER ENTMT PLC | FLUT | G3643J108 | $144.4M | 1.83% | 1,416,572 | SH |
| 16 | CARIS LIFE SCIENCES INC | CAI | 142152107 | $131.6M | 1.67% | 7,360,446 | SH |
| 17 | ENTEGRIS INC | ENTG | 29362U104 | $130.4M | 1.65% | 1,112,040 | SH |
| 18 | GOLAR LNG LTD | GLNG | G9456A100 | $127.0M | 1.61% | 2,346,795 | SH |
| 19 | CAPITAL ONE FINL CORP | COF | 14040H105 | $124.4M | 1.58% | 682,080 | SH |
| 20 | ISHARES INC | EWZ | 464286400 | $93.0M | 1.18% | 2,422,975 | SH |
| 21 | WAYSTAR HLDG CORP | WAY | 946784105 | $90.8M | 1.15% | 3,767,798 | SH |
| 22 | STUBHUB HLDGS INC | STUB | 86384P109 | $90.3M | 1.14% | 14,464,206 | SH |
| 23 | WESCO INTL INC | WCC | 95082P105 | $80.7M | 1.02% | 295,107 | SH |
| 24 | GRUPO FINANCIERO GALICIA S.A | GGAL | 399909100 | $60.6M | 0.77% | 1,296,753 | SH |
| 25 | RAMBUS INC DEL | RMBS | 750917106 | $60.3M | 0.76% | 701,307 | SH |
| 26 | TEVA PHARMACEUTICAL INDS LTD | TEVA | 881624209 | $59.5M | 0.75% | 1,973,782 | SH |
| 27 | BANCO MACRO S A | BMA | 05961W105 | $55.0M | 0.70% | 710,493 | SH |
| 28 | LYONDELLBASELL INDUSTRIES NV | LYB | N53745100 | $49.7M | 0.63% | 616,792 | SH |
| 29 | META PLATFORMS INC | META | 30303M102 | $41.6M | 0.53% | 72,670 | SH |
| 30 | ROCKET COS INC | RKT | 77311W101 | $40.2M | 0.51% | 2,820,714 | SH |
| 31 | DOW HLDGS INC | DOW | 260557103 | $37.6M | 0.48% | 902,960 | SH |
| 32 | BANCO BBVA ARGENTINA S A | BBAR | 058934100 | $35.8M | 0.45% | 2,228,453 | SH |
| 33 | STUBHUB HLDGS INC | STUB | 86384P109 | $35.3M | 0.45% | 5,662,495 | SH |
| 34 | LIFE TIME GROUP HOLDINGS INC | LTH | 53190C102 | $24.5M | 0.31% | 907,880 | SH |
| 35 | PAMPA ENERGIA SA | PAM | 697660207 | $24.0M | 0.30% | 271,221 | SH |
| 36 | VENTURE GLOBAL INC | VG | 92333F101 | $23.1M | 0.29% | 1,464,704 | SH |
| 37 | ILLUMINA INC | ILMN | 452327109 | $18.3M | 0.23% | 148,545 | SH |
| 38 | COUPANG INC | CPNG | 22266T109 | $13.9M | 0.18% | 737,690 | SH |
| 39 | LOMA NEGRA C I A S A MTN 14 | LOMA | 54150E104 | $12.5M | 0.16% | 1,130,732 | SH |
| 40 | GRUPO SUPERVIELLE S.A. | SUPV | 40054A108 | $11.9M | 0.15% | 1,257,064 | SH |
| 41 | ARCELORMITTAL SA LUXEMBOURG | MT | 03938L203 | $6.5M | 0.08% | 125,127 | SH |
| 42 | GLOBAL X FDS | COPX | 37954Y830 | $5.6M | 0.07% | 72,978 | SH |
| 43 | VISTANCE NETWORKS INC | VISN | 20337X109 | $5.3M | 0.07% | 293,428 | SH |
| 44 | CARPENTER TECHNOLOGY CORP | CRS | 144285103 | $5.1M | 0.06% | 12,947 | SH |
| 45 | FREEPORT MCMORAN INC | FCX | 35671D857 | $547.1K | 0.01% | 9,307 | SH |
| 46 | RAMACO RES INC | METC | 75134PAB1 | $167.5K | 0.00% | 220,000 | PRN |
| Period | Filed | AUM | Holdings | Accession |
|---|---|---|---|---|
| 2026-03-31 | 2026-05-15 | $7.90B | 46 | 0001193125-26-226660 |
| 2025-12-31 | 2026-02-17 | $6.79B | 60 | 0001193125-26-054581 |
| 2025-09-30 | 2025-11-14 | $6.70B | 58 | 0001193125-25-282906 |