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CIK: 0001509842
Total reported value
$7.8B
$7.8B
55 檔
22.6%
The Q4 2025 SEC filing reveals that PointState Capital LP held a total portfolio value of $7.8B, covering 55 public equity positions.
In Q4 2025, PointState Capital LP displayed an active expansion posture, initiating 16 new positions and adding to 24 existing holdings, outstripping position reductions.
In terms of portfolio concentration, the top 5 core holdings (including SMH, STUB, CRS) accounted for 22.6% of total reported equity market value during Q4 2025.
| # | Ticker | Issuer | Asset Subclass | Weight | Weight Change | Shares Change | 4Q Trend |
|---|---|---|---|---|---|---|---|
| 1 | SMH | Vaneck Semiconductor ETF | ETF-Other | 7.32% | +7.68% | NEW | |
| 2 | STUB | Stubhub Holdings Inc-class A | Stock-Other | 4.95% | +0.05% | +19.88% | |
| 3 | CRS | Carpenter Technology | Stock-Industrials | 4.92% | -0.06% | EXIT | |
| 4 | CX | Cemex Sab-spons Adr Part Cer | Stock-Other | 4.45% | +0.21% | +2.15% | |
| 5 | FLUT | Flutter Entertainment plc | Stock-Consumer Disc | 4.43% | -0.71% | +132.73% | |
| 6 | CEG | Constellation Energy | Stock-Utilities | 4.31% | — | — | |
| 7 | AMZN | Amazon.com Inc | Stock-Consumer Disc | 4.27% | +4.34% | NEW | |
| 8 | NVT | nVent Electric plc | Stock-Industrials | 3.57% | -3.29% | EXIT | |
| 9 | SCHW | Schwab (charles) CORP | Stock-Financials | 3.54% | — | — | |
| 10 | TEVA | Teva Pharmaceutical-sp Adr | Stock-Healthcare | 3.43% | -0.75% | EXIT | |
| 11 | FCX | Freeport-mcmoran Inc | Stock-Materials | 2.92% | -0.01% | EXIT | |
| 12 | PCG | P G & E CORP | Stock-Utilities | 2.79% | +6.35% | -59.36% | |
| 13 | CPNG | Coupang Inc | Stock-Consumer Disc | 2.73% | +0.74% | +54.51% | |
| 14 | COF | Capital One Financial CORP | Stock-Financials | 2.71% | +0.61% | -28.24% | |
| 15 | CAI | Caris Life Sciences Inc | Stock-Other | 2.67% | -0.11% | +73.00% | |
| 16 | ARMK | Aramark | Stock-Industrials | 2.57% | -0.60% | +45.52% | |
| 17 | NTRA | Natera Inc | Stock-Healthcare | 2.41% | -0.97% | -36.48% | |
| 18 | GRAB | Grab Holdings Limited | Stock-Tech | 2.39% | +2.13% | +411.14% | |
| 19 | RBRK | Rubrik Inc-a | Stock-Tech | 2.36% | -0.36% | +23.36% | |
| 20 | ILMN | Illumina Inc | Stock-Healthcare | 2.28% | +1.71% | -65.80% | |
| 21 | CCC | Ccc Intelligent Solutions Ho | Stock-Tech | 2.22% | — | +15.64% | |
| 22 | WCC | Wesco International Inc | Stock-Industrials | 2.21% | -1.02% | EXIT | |
| 23 | GLNG | Golar LNG Limited | Stock-Energy | 2.15% | -1.61% | EXIT | |
| 24 | XYZ | Block Inc | Stock-Financials | 1.97% | -0.02% | — | |
| 25 | DASH | Doordash Inc - A | Stock-Consumer Disc | 1.82% | +0.84% | — | |
| 26 | RKT | Rocket Cos Inc-class A | Stock-Financials | 1.77% | -0.51% | EXIT | |
| 27 | WAB | Wabtec CORP | Stock-Industrials | 1.75% | +0.30% | +116.44% | |
| 28 | WAY | Waystar Holding CORP | Stock-Other | 1.34% | -0.88% | +32.07% | |
| 29 | GGAL | Grupo Financiero Galicia-adr | Stock-Other | 1.27% | +0.12% | +170.63% | |
| 30 | BAC | Bank Of America CORP | Stock-Financials | 1.15% | — | — | |
| 31 | BMA | Banco Macro Sa-adr | Stock-Other | 1.14% | +0.21% | +266.87% | |
| 32 | GLW | Corning Inc | Stock-Tech | 1.10% | — | -91.60% | |
| 33 | IOT | Samsara Inc-cl A | Stock-Tech | 0.91% | — | +44.36% | |
| 34 | TSEM | Tower Semiconductor Ltd. | Stock-Tech | 0.83% | — | +69.53% | |
| 35 | VST | Vistra CORP | Stock-Utilities | 0.81% | — | +444.53% | |
| 36 | COPX | Global X Copper Miners ETF | ETF-Other | 0.80% | -0.07% | EXIT | |
| 37 | TLN | Talen Energy CORP | Stock-Utilities | 0.75% | — | -74.50% | |
| 38 | BBAR | Bbva Argentina Sa-adr | Stock-Other | 0.71% | +0.15% | +60.53% | |
| 39 | CRH | CRH plc | Stock-Materials | 0.65% | — | -73.04% | |
| 40 | EXE | Expand Energy CORP | Stock-Energy | 0.59% | — | +35.61% | |
| 41 | ETR | Entergy CORP | Stock-Utilities | 0.42% | — | — | |
| 42 | PAM | Pampa Energia Sa-spon Adr | Stock-Other | 0.35% | -0.02% | — | |
| 43 | VALE | Vale Sa-sp Adr | Stock-Materials | 0.30% | — | — | |
| 44 | LSCC | Lattice Semiconductor CORP | Stock-Tech | 0.29% | — | — | |
| 45 | METC | Ramaco Resources Inc-a | Stock-Other | 0.26% | — | +206.55% | |
| 46 | SUPV | Grupo Supervielle Sa-sp Adr | Stock-Other | 0.26% | -0.15% | EXIT | |
| 47 | LOMA | Loma Negra Cia Ind-spon Adr | Stock-Other | 0.22% | +0.01% | +245.32% | |
| 48 | HUT | Hut 8 CORP | Stock-Financials | 0.16% | — | — | |
| 49 | UNP | Union Pacific CORP | Stock-Industrials | 0.15% | +1.75% | NEW | |
| 50 | EQT | Eqt CORP | Stock-Energy | 0.15% | — | -25.00% |
| # | Ticker | Issuer | Weight Change | Shares Change | Action |
|---|---|---|---|---|---|
| 1 | FLUT | Flutter Entertainment plc | +2.2% | +132.73% | Add |
| 2 | CRS | Carpenter Technology | +1.9% | +26.74% | Add |
| 3 | GRAB | Grab Holdings Limited | +1.8% | +411.14% | Add |
| 4 | AMZN | Amazon.com Inc | +1.4% | +44.03% | Add |
| 5 | GGAL | Grupo Financiero Galicia-adr | +1% | +170.63% | Add |
| 6 | CX | Cemex Sab-spons Adr Part Cer | +1% | +2.15% | Add |
| 7 | BMA | Banco Macro Sa-adr | +1% | +266.87% | Add |
| 8 | WAB | Wabtec CORP | +1% | +116.44% | Add |
| 9 | CAI | Caris Life Sciences Inc | +0.9% | +73.00% | Add |
| 10 | ARMK | Aramark | +0.7% | +45.52% | Add |
| 11 | VST | Vistra CORP | +0.6% | +444.53% | Add |
| 12 | TSEM | Tower Semiconductor Ltd. | +0.5% | +69.53% | Add |
| 13 | BBAR | Bbva Argentina Sa-adr | +0.5% | +60.53% | Add |
| 14 | CPNG | Coupang Inc | +0.3% | +54.51% | Add |
| 15 | RBRK | Rubrik Inc-a | +0.3% | +23.36% | Add |
| 16 | IOT | Samsara Inc-cl A | +0.2% | +44.36% | Add |
| 17 | SUPV | Grupo Supervielle Sa-sp Adr | +0.2% | +81.54% | Add |
| 18 | LOMA | Loma Negra Cia Ind-spon Adr | +0.2% | +245.32% | Add |
| 19 | EXE | Expand Energy CORP | +0.2% | +35.61% | Add |
| 20 | GLNG | Golar LNG Limited | +0.2% | +19.33% | Add |
| 21 | WAY | Waystar Holding CORP | +0.2% | +32.07% | Add |
| 22 | SCHW | Schwab (charles) CORP | +0.1% | — | Unchanged |
| 23 | METC | Ramaco Resources Inc-a | +0.1% | +206.55% | Add |
| 24 | WCC | Wesco International Inc | 0% | -11.12% | Trim |
| 25 | CCC | Ccc Intelligent Solutions Ho | 0% | +15.64% | Add |
| 26 | ALVO | Alvotech | -0.1% | — | Unchanged |
| 27 | EQT | Eqt CORP | -0.1% | -25.00% | Trim |
| 28 | NVT | nVent Electric plc | -0.1% | -3.78% | Trim |
| 29 | STUB | Stubhub Holdings Inc-class A | -0.3% | +19.88% | Add |
| 30 | NTRA | Natera Inc | -0.3% | -36.48% | Trim |
| 31 | COF | Capital One Financial CORP | -0.6% | -28.24% | Trim |
| 32 | RKT | Rocket Cos Inc-class A | -0.7% | -25.61% | Trim |
| 33 | OKTA | Okta Inc | -1.2% | -91.52% | Trim |
| 34 | CRH | CRH plc | -1.7% | -73.04% | Trim |
| 35 | ILMN | Illumina Inc | -2.6% | -65.80% | Trim |
| 36 | TLN | Talen Energy CORP | -2.6% | -74.50% | Trim |
| 37 | PCG | P G & E CORP | -3.7% | -59.36% | Trim |
| 38 | TEVA | Teva Pharmaceutical-sp Adr | -3.9% | -69.38% | Trim |
| 39 | GLW | Corning Inc | -11.4% | -91.60% | Trim |
| 40 | SMH | Vaneck Semiconductor ETF | — | NEW | New buy |
| 41 | CEG | Constellation Energy | — | NEW | New buy |
| 42 | FCX | Freeport-mcmoran Inc | — | NEW | New buy |
| 43 | EEM | Ishares Msci Emerging Market | — | EXIT | Sold out |
| 44 | XYZ | Block Inc | — | NEW | New buy |
| 45 | DASH | Doordash Inc - A | — | NEW | New buy |
| 46 | EXPE | Expedia Group Inc | — | EXIT | Sold out |
| 47 | BAC | Bank Of America CORP | — | NEW | New buy |
| 48 | MSFT | Microsoft CORP | — | EXIT | Sold out |
| 49 | RGEN | Repligen CORP | — | EXIT | Sold out |
| 50 | COPX | Global X Copper Miners ETF | — | NEW | New buy |
According to official SEC Form 13F filings, PointState Capital LP reported a total U.S. public equity portfolio value of $7.8B across 55 disclosed positions in Q4 2025.
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Top New Position Initiated
SMH
市值: $497.0M
Top Position Liquidated / Trimmed
EEM
前期市值: $186.9M
During Q4 2025, PointState Capital LP's top holdings by market value included SMH (7.3%)、STUB (5.0%)、CRS (4.9%). The largest single position, SMH, represented 7.3% of total portfolio value.
In Q4 2025, PointState Capital LP made 66 total portfolio adjustments, initiating 16 new buys, adding to 24 positions, trimming 13 holdings, and fully liquidating 13 stocks.
All holding records on this page are fetched directly from the U.S. Securities and Exchange Commission (SEC) EDGAR system (Form 13F-HR). AlphaSMO parses CUSIP identifiers and formats data into Schema.org-compliant datasets.
Understand SEC Form 4 insider disclosures for corporate officers, directors, and 10% owners to track executive transactions.
Understand Rule 144 restricted stock sale notices to spot planned insider liquidations before market sell pressure arrives.
Explore the 5% beneficial ownership threshold, 13D vs 13G filing differences, and recent SEC accelerated deadline rules.
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Learn how AlphaSMO's flagship signal detects high-conviction stocks where 13F hedge funds and corporate insiders buy at the same time.