PointState Capital LP
Institutional investor · Portfolio as of Q1 2025
Top Holdings47 positions
 STATE STR SPDR S&P 500 ETF T | 3M | $1.7B | 23.9% | — | — | — | Increased — |
 WESCO International, Inc. | 1.8M | $273.1M | 4.0% | $160.70 | -4.43% | 4 qtrssince 2024-Q2 | Increased 63 |
 Corning Incorporated | 5.6M | $254.1M | 3.7% | $44.95 | 0.00% | 1 qtr | New 86 |
 The Charles Schwab Corporation | 3.1M | $239.6M | 3.5% | $72.40 | +6.12% | 2 qtrssince 2024-Q4 | Decreased 0 |
 PG&E Corporation | 13.8M | $236.3M | 3.4% | $16.90 | 0.00% | 1 qtr | New 86 |
 Teva Pharmaceutical Industries Limited | 15.1M | $232.6M | 3.4% | $16.95 | -9.31% | 5 qtrssince 2024-Q1 | Increased 64 |
 Coupang, Inc. | 9.8M | $215.9M | 3.1% | $16.59 | +32.22% | 9 qtrssince 2023-Q1 | Decreased 0 |
 Lumentum Holdings Inc. | 3.4M | $213.5M | 3.1% | $62.34 | 0.00% | 1 qtr | New 86 |
 CRH PLC | 2.4M | $210.7M | 3.1% | $80.78 | +7.27% | 4 qtrssince 2024-Q2 | Decreased 0 |
 Capital One Financial Corporation | 1.2M | $209.2M | 3.0% | $174.52 | +0.57% | 2 qtrssince 2024-Q4 | Increased 78 |
 INVESCO EXCHANGE TRADED FD T | 1.2M | $207.9M | 3.0% | — | — | — | New — |
 Illumina, Inc. | 2.5M | $199.7M | 2.9% | $113.71 | -30.23% | 3 qtrssince 2024-Q3 | Increased 75 |
Corning Incorporated | 4.2M | $192.3M | 2.8% | — | — | — | New — |
 nVent Electric plc | 3.3M | $171.8M | 2.5% | $51.66 | 0.00% | 1 qtr | New 80 |
 Grab Holdings Limited | 35.1M | $159.2M | 2.3% | $4.47 | +1.26% | 3 qtrssince 2024-Q3 | Increased 73 |
 Sempra | 2.2M | $154.4M | 2.2% | $68.18 | 0.00% | 1 qtr | New 79 |
 Flutter Entertainment plc | 544,704 | $120.7M | 1.7% | $211.03 | +4.98% | 4 qtrssince 2024-Q2 | Decreased 0 |
 ISHARES TR | 600,000 | $119.7M | 1.7% | — | — | — | New — |
 Constellation Energy Corporation | 576,296 | $116.2M | 1.7% | $199.99 | 0.00% | 1 qtr | New 70 |
 Natera, Inc. | 755,729 | $106.9M | 1.5% | $123.89 | +14.14% | 4 qtrssince 2024-Q2 | Increased 61 |
| Quarter | Reported value in US dollars | Reported value change |
|---|---|---|
| 2023-Q4 | $4,133,149,992 | -29.4323203759% |
| 2024-Q1 | $5,843,725,189 | 41.3867195798% |
| 2024-Q2 | $4,601,320,306 | -21.2604946813% |
| 2024-Q3 | $5,511,414,963 | 19.7789894308% |
| 2024-Q4 | $5,485,679,317 | -0.466951702472% |
| 2025-Q1 | $6,900,259,200 | 25.7867768285% |
PointState Capital LP manages $6.9B across 47 positions as of Q1 2025. Top holdings: SPY puts (23.9%), WCC (4.0%), GLW (3.7%). Fund DNA: Momentum Trader. HoldingsIntel Score: 1/5.0.
Added GLW, PCG, LITE and 10 more; exited ULTA, DASH, HUBB and 12 more; increased 12, led by ILMN (+905,432 shares); trimmed 14, led by CRH (−2.2M shares). Top move: GLW (NEW, conviction 86). Portfolio: $6.9B across 47 positions.
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Cost basis estimates based on full filing history using quarter-end prices. Actual transaction prices are not disclosed in 13F filings.
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Data sourced from SEC EDGAR 13F filings. Not financial advice. Full disclaimer
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