PointState Capital LP 13F Holdings Overview (46 Positions)

High-turnover traderContrarianConcentrated strategy

Total reported value

$7.9B

Reporting period: 2026-03-31 · Number of holdings: 46

PointState Capital LP disclosed 46 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $7.9B and a quarterly turnover rate of 120.9%.

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Personality snowflake

Concentration: 76.16
Portfolio Stability: 100
Momentum/Contrarian: 0
Sector conviction: 48.12
Diversification: 90
Sizing Uniformity: 72.18

Recent moves

Trim CRS
-98.8%　-$329.3M
Trim STUB
-18.9%　-$210.3M
Trim FCX
-99.8%　-$198.0M
Trim TEVA
-73.6%　-$173.6M
Trim FLUT
+1.2%　-$156.6M
Trim CPNG
-90.6%　-$171.6M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 45 holdings (of 46 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	42.00%	+42.00%	NEW
2	PCG	P G & E CORP	Stock-Utilities	4.78%	+1.99%	+82.00%
3	CX	Cemex Sab-spons Adr Part Cer	Stock-Other	3.66%	—	-3.96%
4	DASH	Doordash INC - A	Stock-Consumer Disc	3.48%	+1.66%	+235.43%
5	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	3.45%	+3.45%	NEW
6	NVT	nVent Electric plc	Stock-Industrials	3.29%	-0.28%	-7.66%
7	XYZ	Block INC	Stock-Financials	3.03%	+1.06%	+93.35%
8	EWY	Ishares Msci South Korea ETF	ETF-Other	2.68%	+2.68%	NEW
9	Q	Qnity Electronics INC	Stock-Tech	2.54%	+2.54%	NEW
10	ARMK	Aramark	Stock-Industrials	2.33%	—	-4.33%
11	RBRK	Rubrik Inc-a	Stock-Tech	2.26%	-0.10%	+73.63%
12	GRAB	Grab Holdings Limited	Stock-Tech	1.96%	—	+29.85%
13	WAB	Wabtec CORP	Stock-Industrials	1.90%	+0.15%	+7.58%
14	NTRA	Natera INC	Stock-Healthcare	1.87%	—	+3.41%
15	FLUT	Flutter Entertainment plc	Stock-Consumer Disc	1.83%	-2.60%	+1.20%
16	CAI	Caris Life Sciences INC	Stock-Other	1.67%	-1.00%	+9.55%
17	ENTG	Entegris INC	Stock-Tech	1.65%	+1.65%	NEW
18	GLNG	Golar LNG Limited	Stock-Energy	1.61%	-0.54%	-40.32%
19	STUB	Stubhub Holdings Inc-class A	Stock-Other	1.59%	-3.36%	-18.92%
20	COF	Capital One Financial CORP	Stock-Financials	1.58%	-1.13%	-10.02%
21	EWZ	Ishares Msci Brazil ETF	ETF-Other	1.18%	+1.18%	NEW
22	WAY	Waystar Holding CORP	Stock-Other	1.15%	—	+35.86%
23	WCC	Wesco International INC	Stock-Industrials	1.02%	-1.19%	-51.82%
24	GGAL	Grupo Financiero Galicia-adr	Stock-Other	0.77%	-0.50%	-18.60%
25	RMBS	Rambus INC	Stock-Tech	0.76%	+0.76%	NEW
26	TEVA	Teva Pharmaceutical-sp Adr	Stock-Healthcare	0.75%	-2.68%	-73.56%
27	BMA	Banco Macro Sa-adr	Stock-Other	0.70%	-0.44%	-17.14%
28	LYB	LyondellBasell Industries N.V.	Stock-Materials	0.63%	+0.63%	NEW
29	META	Meta Platforms Inc-class A	Stock-Comm Services	0.53%	+0.53%	NEW
30	RKT	Rocket Cos Inc-class A	Stock-Financials	0.51%	-1.26%	-54.68%
31	DOW	Dow INC	Stock-Materials	0.48%	+0.48%	NEW
32	BBAR	Bbva Argentina Sa-adr	Stock-Other	0.45%	—	-16.48%
33	LTH	Life Time Group Holdings INC	Stock-Other	0.31%	+0.31%	NEW
34	PAM	Pampa Energia Sa-spon Adr	Stock-Other	0.30%	—	—
35	VG	Venture Global Inc-cl A	Stock-Energy	0.29%	+0.29%	NEW
36	ILMN	Illumina INC	Stock-Healthcare	0.23%	-2.05%	-87.40%
37	CPNG	Coupang INC	Stock-Consumer Disc	0.18%	-2.55%	-90.62%
38	LOMA	Loma Negra Cia Ind-spon Adr	Stock-Other	0.16%	—	—
39	SUPV	Grupo Supervielle Sa-sp Adr	Stock-Other	0.15%	—	-17.25%
40	MT	Arcelormittal-ny Registered	Stock-Other	0.08%	—	—
41	COPX	Global X Copper Miners ETF	ETF-Other	0.07%	-0.73%	-90.30%
42	VISN	Vistance Networks INC	Stock-Tech	0.07%	—	—
43	CRS	Carpenter Technology	Stock-Industrials	0.06%	-4.86%	-98.78%
44	FCX	Freeport-mcmoran INC	Stock-Materials	0.01%	-2.91%	-99.76%
45	METC 0 11-01-31	Ramaco Resources INC	Stock-Other	—	—	—

Portfolio Performance

Performance for Q3 2026

+6.4%

Performance Last 4 Quarters

+29.6%

Based on 83% of reported portfolio value with available pricing

Stdev: +16%
Beta: +0.97
Alpha: +10.5%
Max Drawdown: -12.6%
Annualized Perf: +30.9%
Batting Avg vs S&P: +58.3%
Sortino: +3.67
Stutzer: +0.51
Treynor: +0.29
Sterling: +1.66
Calmar: +2.45
Information Ratio: +1.04
Tracking Error: +9.6%
Stdev Down: +7.7%
Winning Months %: +75%
Losing Months %: +25%
Best 12 Months: +55%
Worst 12 Months: +15.1%
Efficiency Ratio: +0.81
Sharpe: +1.78
Stdev Sectors: +7.4%
Skewness: -0.33
Kurtosis: -0.27
Upside Potential: +5.13

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	46	$7.9B	100	1SPY 2PCG 3CX Top holdings2026-03-31 1.SPY 2.PCG 3.CX 4.DASH 5.IWM 6.NVT 7.XYZ 8.EWY 9.Q 10.ARMK
2025-12-31	60	$6.8B	77	1SMH 2STUB 3CRS Top holdings2025-12-31 1.SMH 2.STUB 3.CRS 4.CX 5.FLUT 6.CEG 7.AMZN 8.NVT 9.SCHW 10.TEVA
2025-09-30	58	$6.7B	100	1GLW 2TEVA 3PCG Top holdings2025-09-30 1.GLW 2.TEVA 3.PCG 4.STUB 5.ILMN 6.NVT 7.CX 8.SCHW 9.TLN 10.COF
2025-06-30	53	$6.6B	0	1SPY 2GLW 3ILMN Top holdings2025-06-30 1.SPY 2.GLW 3.ILMN 4.TEVA 5.PCG 6.LITE 7.COF 8.SCHW 9.FLUT 10.AMZN
2025-03-31	47	$6.9B	100	1SPY 2GLW 3TEVA Top holdings2025-03-31 1.SPY 2.GLW 3.TEVA 4.WCC 5.SCHW 6.PCG 7.ILMN 8.CPNG 9.LITE 10.NVT
2024-12-31	50	$5.5B	0	1CRH 2SPY 3ULTA Top holdings2024-12-31 1.CRH 2.SPY 3.ULTA 4.TEVA 5.EXPE 6.MSFT 7.WCC 8.ILMN 9.SCHW 10.CPNG
2024-09-30	53	$5.5B	0	1SPY 2CRH 3WCC Top holdings2024-09-30 1.SPY 2.CRH 3.WCC 4.CPNG 5.COHR 6.TEVA 7.APO 8.MRVL 9.FLUT 10.EXPE
2024-06-30	64	$4.6B	0	1SPY 2AMZN 3WCC Top holdings2024-06-30 1.SPY 2.AMZN 3.WCC 4.MRVL 5.CPNG 6.COHR 7.CRH 8.TEVA 9.APO 10.EXPE
2024-03-31	61	$5.8B	0	1QQQ 2IWM 3SPY Top holdings2024-03-31 1.QQQ 2.IWM 3.SPY 4.CPNG 5.ARMK 6.AMZN 7.MRVL 8.MSFT 9.APO 10.FCX
2023-12-31	57	$4.1B	0	1SPY 2CPNG 3AMZN Top holdings2023-12-31 1.SPY 2.CPNG 3.AMZN 4.MSFT 5.SCHW 6.EWZ 7.ARMK 8.FISV 9.APO 10.BAX
2023-09-30	58	$5.9B	0	1SPY 2MSFT 3ARMK Top holdings2023-09-30 1.SPY 2.MSFT 3.ARMK 4.TMUS 5.BAX 6.VRT 7.EWZ 8.CPNG 9.LW 10.AMZN
2023-06-30	54	$4.2B	0	1SPY 2ARMK 3TMUS Top holdings2023-06-30 1.SPY 2.ARMK 3.TMUS 4.LW 5.VRT 6.FISV 7.CPNG 8.WSO 9.AMZN 10.BAX
2023-03-31	49	$3.0B	0	1SPY 2QQQ 3TMUS Top holdings2023-03-31 1.SPY 2.QQQ 3.TMUS 4.ARMK 5.WSO 6.FTI 7.LW 8.UNH 9.ORCL 10.CPNG
2022-12-31	46	$3.3B	0	1SPY 2XOP 3TMUS Top holdings2022-12-31 1.SPY 2.XOP 3.TMUS 4.FXI 5.ARMK 6.AMZN 7.FTI 8.NTR 9.VRT 10.IOT
2022-09-30	47	$4.1B	0	1SPY 2XLE 3MSFT Top holdings2022-09-30 1.SPY 2.XLE 3.MSFT 4.TMUS 5.AMZN 6.CRM 7.XOP 8.FSLR 9.NTR 10.NOC
2022-06-30	114	$8.0B	0	1SPY 2MSFT 3AMZN Top holdings2022-06-30 1.SPY 2.MSFT 3.AMZN 4.TMUS 5.EQT 6.UBER 7.SHEL 8.EXE 9.AR 10.COP
2022-03-31	64	$8.7B	0	1SPY 2MSFT 3AMZN Top holdings2022-03-31 1.SPY 2.MSFT 3.AMZN 4.QQQ 5.UBER 6.TMUS 7.CRM 8.EQT 9.AR 10.SHEL
2021-12-31	116	$6.0B	0	1XLV 2AMZN 3TMUS Top holdings2021-12-31 1.XLV 2.AMZN 3.TMUS 4.ABBV 5.MRK 6.MSFT 7.META 8.PANW 9.UBER 10.CRM
2021-09-30	136	$6.0B	0	1PANW 2META 3ALL Top holdings2021-09-30 1.PANW 2.META 3.ALL 4.MSFT 5.XLV 6.AMZN 7.MA 8.WFC 9.MRK 10.UBER
2021-06-30	126	$5.8B	93	1AMZN 2MSFT 3NFLX Top holdings2021-06-30 1.AMZN 2.MSFT 3.NFLX 4.META 5.RUN 6.ALL 7.ADI 8.BILL 9.WIX 10.EEM
2021-03-31	116	$5.1B	97	1XLF 2MSFT 3AMZN Top holdings2021-03-31 1.XLF 2.MSFT 3.AMZN 4.META 5.WFC 6.QQQ 7.GOOGL 8.NFLX 9.ADBE 10.UNH
2020-12-31	127	$5.3B	100	1AMZN 2MSFT 3GLD Top holdings2020-12-31 1.AMZN 2.MSFT 3.GLD 4.GOOGL 5.BABA 6.FISV 7.NFLX 8.WFC 9.COF 10.RUN
2020-09-30	103	$3.8B	83	1BABA 2AMZN 3GOOGL Top holdings2020-09-30 1.BABA 2.AMZN 3.GOOGL 4.MSFT 5.GLD 6.SPY 7.CRM 8.MA 9.BKNG 10.FISV
2020-06-30	85	$3.3B	100	1SPY 2AMZN 3CRM Top holdings2020-06-30 1.SPY 2.AMZN 3.CRM 4.BABA 5.NFLX 6.FISV 7.MSFT 8.NXPI 9.MA 10.MCHP
2020-03-31	64	$2.0B	100	1AMZN 2GLD 3MSFT Top holdings2020-03-31 1.AMZN 2.GLD 3.MSFT 4.NFLX 5.SPY 6.ADBE 7.MA 8.XLV 9.META 10.UNH
2019-12-31	106	$5.5B	100	1SPY 2GLD 3FISV Top holdings2019-12-31 1.SPY 2.GLD 3.FISV 4.AMZN 5.ADBE 6.GM 7.HUM 8.NFLX 9.BABA 10.MA
2019-09-30	106	$3.5B	100	1QQQ 2SPY 3I 4.5 06-15-25 Top holdings2019-09-30 1.QQQ 2.SPY 3.I 4.5 06-15-25 4.FISV 5.ADBE 6.MA 7.CRM 8.UNP 9.BABA 10.NXPI
2019-06-30	110	$4.8B	92	1CRM 2ADBE 3NFLX Top holdings2019-06-30 1.CRM 2.ADBE 3.NFLX 4.BA 5.QQQ 6.AMZN 7.HUM 8.SPY 9.BABA 10.PAM
2019-03-31	126	$5.1B	100	1SPY 2ADBE 3MSFT Top holdings2019-03-31 1.SPY 2.ADBE 3.MSFT 4.NFLX 5.QQQ 6.CRM 7.BA 8.LOW 9.CELG 10.PAM
2018-12-31	86	$2.5B	100	1SPY 2EEM 3PAM Top holdings2018-12-31 1.SPY 2.EEM 3.PAM 4.TMUS 5.MSFT 6.NFLX 7.AMZN 8.ADBE 9.GOOGL 10.MPC
2018-09-30	143	$7.6B	86	1SPY 2MPC 3MSFT Top holdings2018-09-30 1.SPY 2.MPC 3.MSFT 4.ADBE 5.TRGP 6.BABA 7.GOOGL 8.LYB 9.292505 10.BA
2018-06-30	164	$8.8B	100	1TRGP 2MSFT300817Y Top holdings2018-06-30 1.TRGP 2.MSFT 3.00817Y 4.MPC 5.GOOGL 6.ADBE 7.BABA 8.META 9.ADSK 10.292505
2018-03-31	161	$9.2B	100	1GOOGL 2LRCXEUR 3LNG Top holdings2018-03-31 1.GOOGL 2.LRCXEUR 3.LNG 4.CRM 5.MSFT 6.BAC 7.PAM 8.ADSK 9.LYB 10.ADBE
2017-12-31	164	$10.3B	81	1WFC 2BAC3292505 Top holdings2017-12-31 1.WFC 2.BAC 3.292505 4.GOOGL 5.PAM 6.AVGO 7.AMZN 8.LNG 9.BA 10.DVN
2017-09-30	160	$11.8B	79	1SPY 2GOOGL373935A Top holdings2017-09-30 1.SPY 2.GOOGL 3.73935A 4.META 5.WFC 6.C 7.CTRA 8.PAM 9.DD 10.MGM
2017-06-30	142	$9.2B	79	1BAC 2CTRA 3AMZN Top holdings2017-06-30 1.BAC 2.CTRA 3.AMZN 4.META 5.CMCSA 6.ADSK 7.C 8.PAM 9.SPY 10.GOOGL
2017-03-31	138	$9.6B	100	1SPY 2DOW 3META Top holdings2017-03-31 1.SPY 2.DOW 3.META 4.ADSK 5.BAC 6.GOOGL 7.WFC 8.AMZN 9.PAM 10.CTRA
2016-12-31	123	$7.0B	100	1SPY 2LYB 3CMCSA Top holdings2016-12-31 1.SPY 2.LYB 3.CMCSA 4.WFC 5.CFG 6.KEY 7.HAL 8.APC3EUR 9.PAM 10.BAC
2016-09-30	159	$9.7B	100	1SPY 2TEVA 3AMZN Top holdings2016-09-30 1.SPY 2.TEVA 3.AMZN 4.AVGO 5.BAC 6.MSFT 7.VALE 8.UNP 9.HUM 10.MRK
2016-06-30	113	$4.9B	100	1TEVA 2AMZN 3AVGO Top holdings2016-06-30 1.TEVA 2.AMZN 3.AVGO 4.MSFT 5.CELG 6.78462F 7.STZ 8.61166W 9.CHTR 10.G0177J
2016-03-31	90	$3.7B	91	1TEVA2G0177J3LYB Top holdings2016-03-31 1.TEVA 2.G0177J 3.LYB 4.CHTR 5.LNG 6.MSFT 7.CELG 8.MCD 9.ABBV 10.CMCSA
2015-12-31	86	$3.9B	89	1TEVA 2LNG3G0177J Top holdings2015-12-31 1.TEVA 2.LNG 3.G0177J 4.MCD 5.88732J 6.GOOGL 7.02314M 8.NOC 9.CLVSEUR 10.LUV
2015-09-30	89	$3.6B	100	1LNG 2GOOG 3TEVA Top holdings2015-09-30 1.LNG 2.GOOG 3.TEVA 4.02314M 5.MCD 6.LYB 7.88732J 8.NOC 9.CMCSA 10.38259P
2015-06-30	149	$8.6B	80	1LNG 2TEVA 3LYB Top holdings2015-06-30 1.LNG 2.TEVA 3.LYB 4.SPY 5.MCD 6.ABBV 7.02314M 8.GOOG 9.TCPA 10.PXDEUR
2015-03-31	119	$7.4B	100	1TEVA278462F3LYB Top holdings2015-03-31 1.TEVA 2.78462F 3.LYB 4.LNG 5.ABBV 6.GOOG 7.PXDEUR 8.GD 9.BIIB 10.CMCSA
2014-12-31	113	$5.9B	100	1TEVA 2MU 3DAL Top holdings2014-12-31 1.TEVA 2.MU 3.DAL 4.TCPA 5.UTXZ 6.UAL 7.LNG 8.CMCSA 9.AAL 10.ILMN
2014-09-30	100	$5.5B	100	1TEVA 2ABBV 3LNG Top holdings2014-09-30 1.TEVA 2.ABBV 3.LNG 4.TCPA 5.CF 6.PXDEUR 7.MPC 8.CMCSA 9.78462F 10.TSN
2014-06-30	127	$8.0B	79	178462F29314223TEVA Top holdings2014-06-30 1.78462F 2.931422 3.TEVA 4.124857 5.LNG 6.VLO 7.MPC 8.HCA 9.ILMN 10.CMCSA
2014-03-31	115	$6.3B	93	19314222TEVA3124857 Top holdings2014-03-31 1.931422 2.TEVA 3.124857 4.LNG 5.HCA 6.ADBE 7.502424 8.DG 9.DISH 10.GD
2013-12-31	142	$7.9B	97	11248572LNG 3TEVA Top holdings2013-12-31 1.124857 2.LNG 3.TEVA 4.931422 5.DG 6.HCA 7.CMCSA 8.MPC 9.XXI 10.CF
2013-09-30	130	$5.8B	100	11248572LNG3931422 Top holdings2013-09-30 1.124857 2.LNG 3.931422 4.XXI 5.018490 6.LYB 7.CMCSA 8.EQT 9.78462F 10.FDX
2013-06-30	128	$5.8B	0	11248572LNG 3BA Top holdings2013-06-30 1.124857 2.LNG 3.BA 4.65248E 5.EQT 6.ABBV 7.AIG 8.C 9.BA 10.HFCUSD

Holding changes this quarter

PointState Capital LP's most significant position changes for 2026-03-31: New buy: Ss Spdr S&p 500 ETF Trust-us (SPY); Sold out: Vaneck Semiconductor ETF (SMH); Sold out: Constellation Energy (CEG); Sold out: Amazon.com INC (AMZN); New buy: Ishares Russell 2000 ETF (IWM).

Position changes disclosed by PointState Capital LP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	PCG	P G & E CORP	+2%	+82.00%	Add
2	DASH	Doordash INC - A	+1.7%	+235.43%	Add
3	XYZ	Block INC	+1.1%	+93.35%	Add
4	WAB	Wabtec CORP	+0.2%	+7.58%	Add
5	RBRK	Rubrik Inc-a	-0.1%	+73.63%	Add
6	NVT	nVent Electric plc	-0.3%	-7.66%	Trim
7	BMA	Banco Macro Sa-adr	-0.4%	-17.14%	Trim
8	GGAL	Grupo Financiero Galicia-adr	-0.5%	-18.60%	Trim
9	GLNG	Golar LNG Limited	-0.5%	-40.32%	Trim
10	COPX	Global X Copper Miners ETF	-0.7%	-90.30%	Trim
11	CAI	Caris Life Sciences INC	-1%	+9.55%	Add
12	COF	Capital One Financial CORP	-1.1%	-10.02%	Trim
13	WCC	Wesco International INC	-1.2%	-51.82%	Trim
14	RKT	Rocket Cos Inc-class A	-1.3%	-54.68%	Trim
15	ILMN	Illumina INC	-2.1%	-87.40%	Trim
16	CPNG	Coupang INC	-2.6%	-90.62%	Trim
17	FLUT	Flutter Entertainment plc	-2.6%	+1.20%	Add
18	TEVA	Teva Pharmaceutical-sp Adr	-2.7%	-73.56%	Trim
19	FCX	Freeport-mcmoran INC	-2.9%	-99.76%	Trim
20	STUB	Stubhub Holdings Inc-class A	-3.4%	-18.92%	Trim
21	CRS	Carpenter Technology	-4.9%	-98.78%	Trim
22	SPY	Ss Spdr S&p 500 ETF Trust-us	—	NEW	New buy
23	SMH	Vaneck Semiconductor ETF	—	EXIT	Sold out
24	CEG	Constellation Energy	—	EXIT	Sold out
25	AMZN	Amazon.com INC	—	EXIT	Sold out
26	IWM	Ishares Russell 2000 ETF	—	NEW	New buy
27	SCHW	Schwab (charles) CORP	—	EXIT	Sold out
28	EWY	Ishares Msci South Korea ETF	—	NEW	New buy
29	Q	Qnity Electronics INC	—	NEW	New buy
30	CCC	Ccc Intelligent Solutions Ho	—	EXIT	Sold out
31	ENTG	Entegris INC	—	NEW	New buy
32	EWZ	Ishares Msci Brazil ETF	—	NEW	New buy
33	BAC	Bank Of America CORP	—	EXIT	Sold out
34	GLW	Corning INC	—	EXIT	Sold out
35	IOT	Samsara Inc-cl A	—	EXIT	Sold out
36	RMBS	Rambus INC	—	NEW	New buy
37	TSEM	Tower Semiconductor Ltd.	—	EXIT	Sold out
38	VST	Vistra CORP	—	EXIT	Sold out
39	TLN	Talen Energy CORP	—	EXIT	Sold out
40	LYB	LyondellBasell Industries N.V.	—	NEW	New buy
41	CRH	CRH plc	—	EXIT	Sold out
42	META	Meta Platforms Inc-class A	—	NEW	New buy
43	EXE	Expand Energy CORP	—	EXIT	Sold out
44	DOW	Dow INC	—	NEW	New buy
45	ETR	Entergy CORP	—	EXIT	Sold out
46	LTH	Life Time Group Holdings INC	—	NEW	New buy
47	VG	Venture Global Inc-cl A	—	NEW	New buy
48	VALE	Vale Sa-sp Adr	—	EXIT	Sold out
49	LSCC	Lattice Semiconductor CORP	—	EXIT	Sold out
50	METC	Ramaco Resources Inc-a	—	EXIT	Sold out

FAQ

What is PointState Capital LP and what type of investor is it?

PointState Capital LP is a investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $7.9B, spread across 46 disclosed positions.

What are PointState Capital LP's largest equity positions?

Based on the latest 13F filing, PointState Capital LP's top holdings by market value are: 1. Ss Spdr S&p 500 ETF Trust-us (SPY) — $3.3B (42.0%) 2. P G & E CORP (PCG) — $377.2M (4.8%) 3. Cemex Sab-spons Adr Part Cer (CX) — $288.8M (3.7%) 4. Doordash INC - A (DASH) — $274.8M (3.5%) 5. Ishares Russell 2000 ETF (IWM) — $272.8M (3.5%)

What changes did PointState Capital LP make in its most recent portfolio filing?

In the latest reported quarter, PointState Capital LP made 50 notable position adjustments: 12 new positions were initiated, 7 existing holdings were added to, 14 positions were partially reduced, and 17 were completely exited. The largest of these moves: New buy: Ss Spdr S&p 500 ETF Trust-us (SPY); Sold out: Vaneck Semiconductor ETF (SMH); Sold out: Constellation Energy (CEG); Sold out: Amazon.com INC (AMZN); New buy: Ishares Russell 2000 ETF (IWM)

What sectors does PointState Capital LP focus on?

PointState Capital LP is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 23.3% • Industrials: 21.7% • Consumer Discretionary: 13.8% • Financials: 12.9% • Utilities: 12.1% • Health Care: 7.2%

Peer Institutions

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$7.9B

1,955 stks

2013-06-30

Concentration2.7

Portfolio Stability0.0

Sector conviction43.7

AUM within 0.3% of this institution

View detail

Similar Holdings Style

Institutions with overlapping top holdings

Jefferies Financial Group Inc.

CIK 0000096223

Total reported value

$14.6B

1,692 stks

2026-03-31

Concentration26.7

Portfolio Stability90.5

Sector conviction39.6

2 of the top 5 holdings overlap, including Ss Spdr S&p 500 ETF Trust-us

View detail

Metropolitan Life Insurance Co/NY

CIK 0000728618

Total reported value

$328.3M

11 stks

2026-03-31

Concentration92.2

Portfolio Stability1.8

Sector conviction0.0

2 of the top 5 holdings overlap, including Ss Spdr S&p 500 ETF Trust-us

View detail

Societe Generale

CIK 0000865845

Total reported value

$14.1B

2,594 stks

2016-06-30

Concentration9.5

Portfolio Stability0.0

Sector conviction46.6

2 of the top 5 holdings overlap, including Ss Spdr S&p 500 ETF Trust-us

View detail

PointState Capital LP 13F Holdings Overview (46 Positions)

High-turnover traderContrarianConcentrated strategy

Total reported value

$7.9B

Reporting period: 2026-03-31 · Number of holdings: 46

PointState Capital LP disclosed 46 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $7.9B and a quarterly turnover rate of 120.9%.

Browse other institutions with $1B to $10B AUM Browse other institutions starting with "P"

Personality snowflake

Concentration: 76.16
Portfolio Stability: 100
Momentum/Contrarian: 0
Sector conviction: 48.12
Diversification: 90
Sizing Uniformity: 72.18

Recent moves

Trim CRS
-98.8%　-$329.3M
Trim STUB
-18.9%　-$210.3M
Trim FCX
-99.8%　-$198.0M
Trim TEVA
-73.6%　-$173.6M
Trim FLUT
+1.2%　-$156.6M
Trim CPNG
-90.6%　-$171.6M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

Showing top 45 holdings (of 46 total)

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	42.00%	+42.00%	NEW
2	PCG	P G & E CORP	Stock-Utilities	4.78%	+1.99%	+82.00%
3	CX	Cemex Sab-spons Adr Part Cer	Stock-Other	3.66%	—	-3.96%
4	DASH	Doordash INC - A	Stock-Consumer Disc	3.48%	+1.66%	+235.43%
5	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	3.45%	+3.45%	NEW
6	NVT	nVent Electric plc	Stock-Industrials	3.29%	-0.28%	-7.66%
7	XYZ	Block INC	Stock-Financials	3.03%	+1.06%	+93.35%
8	EWY	Ishares Msci South Korea ETF	ETF-Other	2.68%	+2.68%	NEW
9	Q	Qnity Electronics INC	Stock-Tech	2.54%	+2.54%	NEW
10	ARMK	Aramark	Stock-Industrials	2.33%	—	-4.33%
11	RBRK	Rubrik Inc-a	Stock-Tech	2.26%	-0.10%	+73.63%
12	GRAB	Grab Holdings Limited	Stock-Tech	1.96%	—	+29.85%
13	WAB	Wabtec CORP	Stock-Industrials	1.90%	+0.15%	+7.58%
14	NTRA	Natera INC	Stock-Healthcare	1.87%	—	+3.41%
15	FLUT	Flutter Entertainment plc	Stock-Consumer Disc	1.83%	-2.60%	+1.20%
16	CAI	Caris Life Sciences INC	Stock-Other	1.67%	-1.00%	+9.55%
17	ENTG	Entegris INC	Stock-Tech	1.65%	+1.65%	NEW
18	GLNG	Golar LNG Limited	Stock-Energy	1.61%	-0.54%	-40.32%
19	STUB	Stubhub Holdings Inc-class A	Stock-Other	1.59%	-3.36%	-18.92%
20	COF	Capital One Financial CORP	Stock-Financials	1.58%	-1.13%	-10.02%
21	EWZ	Ishares Msci Brazil ETF	ETF-Other	1.18%	+1.18%	NEW
22	WAY	Waystar Holding CORP	Stock-Other	1.15%	—	+35.86%
23	WCC	Wesco International INC	Stock-Industrials	1.02%	-1.19%	-51.82%
24	GGAL	Grupo Financiero Galicia-adr	Stock-Other	0.77%	-0.50%	-18.60%
25	RMBS	Rambus INC	Stock-Tech	0.76%	+0.76%	NEW
26	TEVA	Teva Pharmaceutical-sp Adr	Stock-Healthcare	0.75%	-2.68%	-73.56%
27	BMA	Banco Macro Sa-adr	Stock-Other	0.70%	-0.44%	-17.14%
28	LYB	LyondellBasell Industries N.V.	Stock-Materials	0.63%	+0.63%	NEW
29	META	Meta Platforms Inc-class A	Stock-Comm Services	0.53%	+0.53%	NEW
30	RKT	Rocket Cos Inc-class A	Stock-Financials	0.51%	-1.26%	-54.68%
31	DOW	Dow INC	Stock-Materials	0.48%	+0.48%	NEW
32	BBAR	Bbva Argentina Sa-adr	Stock-Other	0.45%	—	-16.48%
33	LTH	Life Time Group Holdings INC	Stock-Other	0.31%	+0.31%	NEW
34	PAM	Pampa Energia Sa-spon Adr	Stock-Other	0.30%	—	—
35	VG	Venture Global Inc-cl A	Stock-Energy	0.29%	+0.29%	NEW
36	ILMN	Illumina INC	Stock-Healthcare	0.23%	-2.05%	-87.40%
37	CPNG	Coupang INC	Stock-Consumer Disc	0.18%	-2.55%	-90.62%
38	LOMA	Loma Negra Cia Ind-spon Adr	Stock-Other	0.16%	—	—
39	SUPV	Grupo Supervielle Sa-sp Adr	Stock-Other	0.15%	—	-17.25%
40	MT	Arcelormittal-ny Registered	Stock-Other	0.08%	—	—
41	COPX	Global X Copper Miners ETF	ETF-Other	0.07%	-0.73%	-90.30%
42	VISN	Vistance Networks INC	Stock-Tech	0.07%	—	—
43	CRS	Carpenter Technology	Stock-Industrials	0.06%	-4.86%	-98.78%
44	FCX	Freeport-mcmoran INC	Stock-Materials	0.01%	-2.91%	-99.76%
45	METC 0 11-01-31	Ramaco Resources INC	Stock-Other	—	—	—

Portfolio Performance

Performance for Q3 2026

+6.4%

Performance Last 4 Quarters

+29.6%

Based on 83% of reported portfolio value with available pricing

Stdev: +16%
Beta: +0.97
Alpha: +10.5%
Max Drawdown: -12.6%
Annualized Perf: +30.9%
Batting Avg vs S&P: +58.3%
Sortino: +3.67
Stutzer: +0.51
Treynor: +0.29
Sterling: +1.66
Calmar: +2.45
Information Ratio: +1.04
Tracking Error: +9.6%
Stdev Down: +7.7%
Winning Months %: +75%
Losing Months %: +25%
Best 12 Months: +55%
Worst 12 Months: +15.1%
Efficiency Ratio: +0.81
Sharpe: +1.78
Stdev Sectors: +7.4%
Skewness: -0.33
Kurtosis: -0.27
Upside Potential: +5.13

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	46	$7.9B	100	1SPY 2PCG 3CX Top holdings2026-03-31 1.SPY 2.PCG 3.CX 4.DASH 5.IWM 6.NVT 7.XYZ 8.EWY 9.Q 10.ARMK
2025-12-31	60	$6.8B	77	1SMH 2STUB 3CRS Top holdings2025-12-31 1.SMH 2.STUB 3.CRS 4.CX 5.FLUT 6.CEG 7.AMZN 8.NVT 9.SCHW 10.TEVA
2025-09-30	58	$6.7B	100	1GLW 2TEVA 3PCG Top holdings2025-09-30 1.GLW 2.TEVA 3.PCG 4.STUB 5.ILMN 6.NVT 7.CX 8.SCHW 9.TLN 10.COF
2025-06-30	53	$6.6B	0	1SPY 2GLW 3ILMN Top holdings2025-06-30 1.SPY 2.GLW 3.ILMN 4.TEVA 5.PCG 6.LITE 7.COF 8.SCHW 9.FLUT 10.AMZN
2025-03-31	47	$6.9B	100	1SPY 2GLW 3TEVA Top holdings2025-03-31 1.SPY 2.GLW 3.TEVA 4.WCC 5.SCHW 6.PCG 7.ILMN 8.CPNG 9.LITE 10.NVT
2024-12-31	50	$5.5B	0	1CRH 2SPY 3ULTA Top holdings2024-12-31 1.CRH 2.SPY 3.ULTA 4.TEVA 5.EXPE 6.MSFT 7.WCC 8.ILMN 9.SCHW 10.CPNG
2024-09-30	53	$5.5B	0	1SPY 2CRH 3WCC Top holdings2024-09-30 1.SPY 2.CRH 3.WCC 4.CPNG 5.COHR 6.TEVA 7.APO 8.MRVL 9.FLUT 10.EXPE
2024-06-30	64	$4.6B	0	1SPY 2AMZN 3WCC Top holdings2024-06-30 1.SPY 2.AMZN 3.WCC 4.MRVL 5.CPNG 6.COHR 7.CRH 8.TEVA 9.APO 10.EXPE
2024-03-31	61	$5.8B	0	1QQQ 2IWM 3SPY Top holdings2024-03-31 1.QQQ 2.IWM 3.SPY 4.CPNG 5.ARMK 6.AMZN 7.MRVL 8.MSFT 9.APO 10.FCX
2023-12-31	57	$4.1B	0	1SPY 2CPNG 3AMZN Top holdings2023-12-31 1.SPY 2.CPNG 3.AMZN 4.MSFT 5.SCHW 6.EWZ 7.ARMK 8.FISV 9.APO 10.BAX
2023-09-30	58	$5.9B	0	1SPY 2MSFT 3ARMK Top holdings2023-09-30 1.SPY 2.MSFT 3.ARMK 4.TMUS 5.BAX 6.VRT 7.EWZ 8.CPNG 9.LW 10.AMZN
2023-06-30	54	$4.2B	0	1SPY 2ARMK 3TMUS Top holdings2023-06-30 1.SPY 2.ARMK 3.TMUS 4.LW 5.VRT 6.FISV 7.CPNG 8.WSO 9.AMZN 10.BAX
2023-03-31	49	$3.0B	0	1SPY 2QQQ 3TMUS Top holdings2023-03-31 1.SPY 2.QQQ 3.TMUS 4.ARMK 5.WSO 6.FTI 7.LW 8.UNH 9.ORCL 10.CPNG
2022-12-31	46	$3.3B	0	1SPY 2XOP 3TMUS Top holdings2022-12-31 1.SPY 2.XOP 3.TMUS 4.FXI 5.ARMK 6.AMZN 7.FTI 8.NTR 9.VRT 10.IOT
2022-09-30	47	$4.1B	0	1SPY 2XLE 3MSFT Top holdings2022-09-30 1.SPY 2.XLE 3.MSFT 4.TMUS 5.AMZN 6.CRM 7.XOP 8.FSLR 9.NTR 10.NOC
2022-06-30	114	$8.0B	0	1SPY 2MSFT 3AMZN Top holdings2022-06-30 1.SPY 2.MSFT 3.AMZN 4.TMUS 5.EQT 6.UBER 7.SHEL 8.EXE 9.AR 10.COP
2022-03-31	64	$8.7B	0	1SPY 2MSFT 3AMZN Top holdings2022-03-31 1.SPY 2.MSFT 3.AMZN 4.QQQ 5.UBER 6.TMUS 7.CRM 8.EQT 9.AR 10.SHEL
2021-12-31	116	$6.0B	0	1XLV 2AMZN 3TMUS Top holdings2021-12-31 1.XLV 2.AMZN 3.TMUS 4.ABBV 5.MRK 6.MSFT 7.META 8.PANW 9.UBER 10.CRM
2021-09-30	136	$6.0B	0	1PANW 2META 3ALL Top holdings2021-09-30 1.PANW 2.META 3.ALL 4.MSFT 5.XLV 6.AMZN 7.MA 8.WFC 9.MRK 10.UBER
2021-06-30	126	$5.8B	93	1AMZN 2MSFT 3NFLX Top holdings2021-06-30 1.AMZN 2.MSFT 3.NFLX 4.META 5.RUN 6.ALL 7.ADI 8.BILL 9.WIX 10.EEM
2021-03-31	116	$5.1B	97	1XLF 2MSFT 3AMZN Top holdings2021-03-31 1.XLF 2.MSFT 3.AMZN 4.META 5.WFC 6.QQQ 7.GOOGL 8.NFLX 9.ADBE 10.UNH
2020-12-31	127	$5.3B	100	1AMZN 2MSFT 3GLD Top holdings2020-12-31 1.AMZN 2.MSFT 3.GLD 4.GOOGL 5.BABA 6.FISV 7.NFLX 8.WFC 9.COF 10.RUN
2020-09-30	103	$3.8B	83	1BABA 2AMZN 3GOOGL Top holdings2020-09-30 1.BABA 2.AMZN 3.GOOGL 4.MSFT 5.GLD 6.SPY 7.CRM 8.MA 9.BKNG 10.FISV
2020-06-30	85	$3.3B	100	1SPY 2AMZN 3CRM Top holdings2020-06-30 1.SPY 2.AMZN 3.CRM 4.BABA 5.NFLX 6.FISV 7.MSFT 8.NXPI 9.MA 10.MCHP
2020-03-31	64	$2.0B	100	1AMZN 2GLD 3MSFT Top holdings2020-03-31 1.AMZN 2.GLD 3.MSFT 4.NFLX 5.SPY 6.ADBE 7.MA 8.XLV 9.META 10.UNH
2019-12-31	106	$5.5B	100	1SPY 2GLD 3FISV Top holdings2019-12-31 1.SPY 2.GLD 3.FISV 4.AMZN 5.ADBE 6.GM 7.HUM 8.NFLX 9.BABA 10.MA
2019-09-30	106	$3.5B	100	1QQQ 2SPY 3I 4.5 06-15-25 Top holdings2019-09-30 1.QQQ 2.SPY 3.I 4.5 06-15-25 4.FISV 5.ADBE 6.MA 7.CRM 8.UNP 9.BABA 10.NXPI
2019-06-30	110	$4.8B	92	1CRM 2ADBE 3NFLX Top holdings2019-06-30 1.CRM 2.ADBE 3.NFLX 4.BA 5.QQQ 6.AMZN 7.HUM 8.SPY 9.BABA 10.PAM
2019-03-31	126	$5.1B	100	1SPY 2ADBE 3MSFT Top holdings2019-03-31 1.SPY 2.ADBE 3.MSFT 4.NFLX 5.QQQ 6.CRM 7.BA 8.LOW 9.CELG 10.PAM
2018-12-31	86	$2.5B	100	1SPY 2EEM 3PAM Top holdings2018-12-31 1.SPY 2.EEM 3.PAM 4.TMUS 5.MSFT 6.NFLX 7.AMZN 8.ADBE 9.GOOGL 10.MPC
2018-09-30	143	$7.6B	86	1SPY 2MPC 3MSFT Top holdings2018-09-30 1.SPY 2.MPC 3.MSFT 4.ADBE 5.TRGP 6.BABA 7.GOOGL 8.LYB 9.292505 10.BA
2018-06-30	164	$8.8B	100	1TRGP 2MSFT300817Y Top holdings2018-06-30 1.TRGP 2.MSFT 3.00817Y 4.MPC 5.GOOGL 6.ADBE 7.BABA 8.META 9.ADSK 10.292505
2018-03-31	161	$9.2B	100	1GOOGL 2LRCXEUR 3LNG Top holdings2018-03-31 1.GOOGL 2.LRCXEUR 3.LNG 4.CRM 5.MSFT 6.BAC 7.PAM 8.ADSK 9.LYB 10.ADBE
2017-12-31	164	$10.3B	81	1WFC 2BAC3292505 Top holdings2017-12-31 1.WFC 2.BAC 3.292505 4.GOOGL 5.PAM 6.AVGO 7.AMZN 8.LNG 9.BA 10.DVN
2017-09-30	160	$11.8B	79	1SPY 2GOOGL373935A Top holdings2017-09-30 1.SPY 2.GOOGL 3.73935A 4.META 5.WFC 6.C 7.CTRA 8.PAM 9.DD 10.MGM
2017-06-30	142	$9.2B	79	1BAC 2CTRA 3AMZN Top holdings2017-06-30 1.BAC 2.CTRA 3.AMZN 4.META 5.CMCSA 6.ADSK 7.C 8.PAM 9.SPY 10.GOOGL
2017-03-31	138	$9.6B	100	1SPY 2DOW 3META Top holdings2017-03-31 1.SPY 2.DOW 3.META 4.ADSK 5.BAC 6.GOOGL 7.WFC 8.AMZN 9.PAM 10.CTRA
2016-12-31	123	$7.0B	100	1SPY 2LYB 3CMCSA Top holdings2016-12-31 1.SPY 2.LYB 3.CMCSA 4.WFC 5.CFG 6.KEY 7.HAL 8.APC3EUR 9.PAM 10.BAC
2016-09-30	159	$9.7B	100	1SPY 2TEVA 3AMZN Top holdings2016-09-30 1.SPY 2.TEVA 3.AMZN 4.AVGO 5.BAC 6.MSFT 7.VALE 8.UNP 9.HUM 10.MRK
2016-06-30	113	$4.9B	100	1TEVA 2AMZN 3AVGO Top holdings2016-06-30 1.TEVA 2.AMZN 3.AVGO 4.MSFT 5.CELG 6.78462F 7.STZ 8.61166W 9.CHTR 10.G0177J
2016-03-31	90	$3.7B	91	1TEVA2G0177J3LYB Top holdings2016-03-31 1.TEVA 2.G0177J 3.LYB 4.CHTR 5.LNG 6.MSFT 7.CELG 8.MCD 9.ABBV 10.CMCSA
2015-12-31	86	$3.9B	89	1TEVA 2LNG3G0177J Top holdings2015-12-31 1.TEVA 2.LNG 3.G0177J 4.MCD 5.88732J 6.GOOGL 7.02314M 8.NOC 9.CLVSEUR 10.LUV
2015-09-30	89	$3.6B	100	1LNG 2GOOG 3TEVA Top holdings2015-09-30 1.LNG 2.GOOG 3.TEVA 4.02314M 5.MCD 6.LYB 7.88732J 8.NOC 9.CMCSA 10.38259P
2015-06-30	149	$8.6B	80	1LNG 2TEVA 3LYB Top holdings2015-06-30 1.LNG 2.TEVA 3.LYB 4.SPY 5.MCD 6.ABBV 7.02314M 8.GOOG 9.TCPA 10.PXDEUR
2015-03-31	119	$7.4B	100	1TEVA278462F3LYB Top holdings2015-03-31 1.TEVA 2.78462F 3.LYB 4.LNG 5.ABBV 6.GOOG 7.PXDEUR 8.GD 9.BIIB 10.CMCSA
2014-12-31	113	$5.9B	100	1TEVA 2MU 3DAL Top holdings2014-12-31 1.TEVA 2.MU 3.DAL 4.TCPA 5.UTXZ 6.UAL 7.LNG 8.CMCSA 9.AAL 10.ILMN
2014-09-30	100	$5.5B	100	1TEVA 2ABBV 3LNG Top holdings2014-09-30 1.TEVA 2.ABBV 3.LNG 4.TCPA 5.CF 6.PXDEUR 7.MPC 8.CMCSA 9.78462F 10.TSN
2014-06-30	127	$8.0B	79	178462F29314223TEVA Top holdings2014-06-30 1.78462F 2.931422 3.TEVA 4.124857 5.LNG 6.VLO 7.MPC 8.HCA 9.ILMN 10.CMCSA
2014-03-31	115	$6.3B	93	19314222TEVA3124857 Top holdings2014-03-31 1.931422 2.TEVA 3.124857 4.LNG 5.HCA 6.ADBE 7.502424 8.DG 9.DISH 10.GD
2013-12-31	142	$7.9B	97	11248572LNG 3TEVA Top holdings2013-12-31 1.124857 2.LNG 3.TEVA 4.931422 5.DG 6.HCA 7.CMCSA 8.MPC 9.XXI 10.CF
2013-09-30	130	$5.8B	100	11248572LNG3931422 Top holdings2013-09-30 1.124857 2.LNG 3.931422 4.XXI 5.018490 6.LYB 7.CMCSA 8.EQT 9.78462F 10.FDX
2013-06-30	128	$5.8B	0	11248572LNG 3BA Top holdings2013-06-30 1.124857 2.LNG 3.BA 4.65248E 5.EQT 6.ABBV 7.AIG 8.C 9.BA 10.HFCUSD

Holding changes this quarter

Position changes disclosed by PointState Capital LP for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	PCG	P G & E CORP	+2%	+82.00%	Add
2	DASH	Doordash INC - A	+1.7%	+235.43%	Add
3	XYZ	Block INC	+1.1%	+93.35%	Add
4	WAB	Wabtec CORP	+0.2%	+7.58%	Add
5	RBRK	Rubrik Inc-a	-0.1%	+73.63%	Add
6	NVT	nVent Electric plc	-0.3%	-7.66%	Trim
7	BMA	Banco Macro Sa-adr	-0.4%	-17.14%	Trim
8	GGAL	Grupo Financiero Galicia-adr	-0.5%	-18.60%	Trim
9	GLNG	Golar LNG Limited	-0.5%	-40.32%	Trim
10	COPX	Global X Copper Miners ETF	-0.7%	-90.30%	Trim
11	CAI	Caris Life Sciences INC	-1%	+9.55%	Add
12	COF	Capital One Financial CORP	-1.1%	-10.02%	Trim
13	WCC	Wesco International INC	-1.2%	-51.82%	Trim
14	RKT	Rocket Cos Inc-class A	-1.3%	-54.68%	Trim
15	ILMN	Illumina INC	-2.1%	-87.40%	Trim
16	CPNG	Coupang INC	-2.6%	-90.62%	Trim
17	FLUT	Flutter Entertainment plc	-2.6%	+1.20%	Add
18	TEVA	Teva Pharmaceutical-sp Adr	-2.7%	-73.56%	Trim
19	FCX	Freeport-mcmoran INC	-2.9%	-99.76%	Trim
20	STUB	Stubhub Holdings Inc-class A	-3.4%	-18.92%	Trim
21	CRS	Carpenter Technology	-4.9%	-98.78%	Trim
22	SPY	Ss Spdr S&p 500 ETF Trust-us	—	NEW	New buy
23	SMH	Vaneck Semiconductor ETF	—	EXIT	Sold out
24	CEG	Constellation Energy	—	EXIT	Sold out
25	AMZN	Amazon.com INC	—	EXIT	Sold out
26	IWM	Ishares Russell 2000 ETF	—	NEW	New buy
27	SCHW	Schwab (charles) CORP	—	EXIT	Sold out
28	EWY	Ishares Msci South Korea ETF	—	NEW	New buy
29	Q	Qnity Electronics INC	—	NEW	New buy
30	CCC	Ccc Intelligent Solutions Ho	—	EXIT	Sold out
31	ENTG	Entegris INC	—	NEW	New buy
32	EWZ	Ishares Msci Brazil ETF	—	NEW	New buy
33	BAC	Bank Of America CORP	—	EXIT	Sold out
34	GLW	Corning INC	—	EXIT	Sold out
35	IOT	Samsara Inc-cl A	—	EXIT	Sold out
36	RMBS	Rambus INC	—	NEW	New buy
37	TSEM	Tower Semiconductor Ltd.	—	EXIT	Sold out
38	VST	Vistra CORP	—	EXIT	Sold out
39	TLN	Talen Energy CORP	—	EXIT	Sold out
40	LYB	LyondellBasell Industries N.V.	—	NEW	New buy
41	CRH	CRH plc	—	EXIT	Sold out
42	META	Meta Platforms Inc-class A	—	NEW	New buy
43	EXE	Expand Energy CORP	—	EXIT	Sold out
44	DOW	Dow INC	—	NEW	New buy
45	ETR	Entergy CORP	—	EXIT	Sold out
46	LTH	Life Time Group Holdings INC	—	NEW	New buy
47	VG	Venture Global Inc-cl A	—	NEW	New buy
48	VALE	Vale Sa-sp Adr	—	EXIT	Sold out
49	LSCC	Lattice Semiconductor CORP	—	EXIT	Sold out
50	METC	Ramaco Resources Inc-a	—	EXIT	Sold out