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PointState Capital LP: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1509842) · Explore on the interactive board

PointState Capital LP disclosed 43 US equity positions worth $5.7bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is PCG at 6.0% of the reported book, followed by AMZN, DASH. The top ten holdings are 51.0% of the book, and the portfolio behaves like about 27 equal-weight positions. Versus the prior filing it opened 17 new positions, added to 11, reduced 9 and exited 16. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$5.7bnreported US equity book
43positions
6.0%largest position
51.0%top 10 weight
27.12effective positions (1/HHI)
2quarters on file since Q1 2026

What does PointState Capital LP own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 17 new, 11 added, 9 reduced, 16 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 PCG PG&E CORP Utilities 6.0%$341.0m20,273,520 -6% reduced
2 AMZN AMAZON COM INC Consumer Cyclical 6.0%$339.3m1,423,550 new
3 DASH DOORDASH INC Consumer Cyclical 5.9%$337.7m1,829,987 0% held
4 GRAB HOLDINGS LIMITED 5.6%$320.0m84,891,692 101% added
5 CX CEMEX SA EURO MTN BE 144A Basic Materials 5.3%$302.9m25,243,519 0% held
6 Q QNITY ELECTRONICS INC Technology 5.2%$293.5m1,797,184 3% added
7 RTX RTX CORPORATION Industrials 5.0%$283.0m1,491,395 new
8 XYZ BLOCK INC Technology 4.1%$235.2m3,094,493 -22% reduced
9 DKNG DRAFTKINGS INC NEW Consumer Cyclical 4.0%$227.0m8,986,638 new
10 META META PLATFORMS INC Communication Services 3.8%$214.3m380,411 423% added
11 FLS FLOWSERVE CORP Industrials 3.5%$196.8m2,654,220 new
12 WAB WABTEC Industrials 3.0%$172.1m638,455 6% added
13 COF CAPITAL ONE FINL CORP Financial Services 3.0%$171.3m854,060 25% added
14 KNX KNIGHT-SWIFT TRANSN HLDGS IN Industrials 2.7%$155.3m1,994,977 new
15 ILMN ILLUMINA INC Healthcare 2.7%$151.6m862,210 480% added
16 RBRK RUBRIK INC. Technology 2.6%$149.0m1,856,244 -49% reduced
17 UNP UNION PAC CORP Industrials 2.4%$137.1m504,063 new
18 ARMK ARAMARK Industrials 2.4%$135.1m2,373,938 -48% reduced
19 STUB STUBHUB HLDGS INC Communication Services 2.3%$128.2m9,963,172 -50% reduced
20 CAI CARIS LIFE SCIENCES INC Healthcare 2.1%$121.7m6,828,835 -7% reduced
21 CSX CSX CORP Industrials 2.1%$121.3m2,552,063 new
22 UAL UNITED AIRLS HLDGS INC Industrials 2.1%$121.0m889,534 new
23 RMBS RAMBUS INC DEL Technology 1.8%$101.4m764,172 9% added
24 WMB WILLIAMS COS INC Energy 1.6%$92.1m1,238,869 new
25 FLUTTER ENTMT PLC 1.5%$87.3m854,251 -40% reduced
26 CPNG COUPANG INC Consumer Cyclical 1.3%$72.2m4,159,204 464% added
27 BMA BANCO MACRO S A Financial Services 1.2%$71.0m766,444 8% added
28 NTRA NATERA INC Healthcare 1.2%$70.0m258,012 -65% reduced
29 GGAL GRUPO FINANCIERO GALICIA S.A Financial Services 1.2%$70.0m1,399,000 8% added
30 CLF CLEVELAND-CLIFFS INC NEW Basic Materials 1.1%$61.8m6,582,026 new
31 NUE NUCOR CORP Basic Materials 1.0%$55.6m249,432 new
32 NN NEXTNAV INC Technology 1.0%$55.5m3,114,953 new
33 BBAR BANCO BBVA ARGENTINA S A 0.8%$47.1m2,403,557 8% added
34 MSFT MICROSOFT CORP Technology 0.8%$43.8m117,333 new
35 MTCH MATCH GROUP INC NEW Communication Services 0.7%$41.8m1,097,337 new
36 LTH LIFE TIME GROUP HOLDINGS INC Consumer Cyclical 0.7%$37.1m907,880 0% held
37 GLNG GOLAR LNG LTD 0.5%$28.4m25,000,000 new
38 PAM PAMPA ENERGIA SA Industrials 0.4%$22.3m271,221 0% held
39 WAY WAYSTAR HLDG CORP Healthcare 0.4%$21.2m1,030,502 -73% reduced
40 STLD STEEL DYNAMICS INC Basic Materials 0.3%$17.0m74,216 new
41 AZUL S A 0.3%$16.7m1,855,834 new
42 LOMA LOMA NEGRA C I A S A MTN 14 0.2%$12.9m1,130,732 0% held
43 RAMACO RES INC 0.0%$161.7k220,000 0% held

What did PointState Capital LP sell? Positions exited since the previous filing

StockPrior weightPrior value
NVT NVENT ELEC PLC24.6%$259.8m
EWY ISHARES INC20.1%$211.7m
ENTG ENTEGRIS INC12.4%$130.4m
GLNG GOLAR LNG LTD12.0%$127.0m
WCC WESCO INTL INC7.7%$80.7m
TEVA TEVA PHARMACEUTICAL INDS LTD5.6%$59.5m
LYONDELLBASELL INDUSTRIES NV4.7%$49.7m
RKT ROCKET COS INC3.8%$40.2m
DOW DOW HLDGS INC3.6%$37.6m
VG VENTURE GLOBAL INC2.2%$23.1m
SUPV GRUPO SUPERVIELLE S.A.1.1%$11.9m
ARCELORMITTAL SA LUXEMBOURG0.6%$6.5m
COPX GLOBAL X FDS0.5%$5.6m
VISN VISTANCE NETWORKS INC0.5%$5.3m
CRS CARPENTER TECHNOLOGY CORP0.5%$5.1m
FCX FREEPORT MCMORAN INC0.1%$547.1k

Sector mix

SectorWeight
Industrials23.7%
Consumer Cyclical17.8%
Technology15.5%
Basic Materials7.7%
Communication Services6.8%
Healthcare6.4%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202644$5.7bn
Q1 202644$4.3bn

How concentrated is PointState Capital LP's portfolio?

Across every quarter PointState Capital LP has filed, its median largest position is 7.4% of the book and its median top-ten weight is 53.0%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 16.0 completed holding spells, the median lasted 1.0 quarters; 43.0 positions are still open and their final length is unknown.