PointState Capital LP 13F holdings, Q3 2025
Holdings as of September 30, 2025 · filings on SEC EDGAR · latest filing →
PointState Capital LP disclosed 50 US equity positions worth $5.6bn in its Q3 2025 13F filing. The largest position was GLW at 8.8% of the reported book, followed by TEVA and STUB. Against the Q2 2025 filing, it opened 13 new positions, added to 15 and reduced 16 among the top 50 holdings.
What did PointState Capital LP own in Q3 2025? Top 50 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2025 |
|---|---|---|---|---|---|---|---|
| 1 | GLW CORNING INC | Technology | 8.8% | $492.6m | 6,004,652 | -2% | reduced |
| 2 | TEVA TEVA PHARMACEUTICAL INDS LTD | Healthcare | 7.5% | $418.4m | 20,712,398 | 0% | held |
| 3 | STUB STUBHUB HLDGS INC | Communication Services | 6.3% | $348.7m | 20,706,003 | – | new |
| 4 | NVT NVENT ELECTRIC PLC | Industrials | 4.4% | $243.9m | 2,472,395 | -1% | reduced |
| 5 | SCHW SCHWAB CHARLES CORP | Financial Services | 4.1% | $229.9m | 2,408,147 | 0% | held |
| 6 | TLN TALEN ENERGY CORP | Utilities | 4.1% | $226.7m | 532,857 | 115% | added |
| 7 | COF CAPITAL ONE FINL CORP | Financial Services | 4.0% | $224.6m | 1,056,350 | 2% | added |
| 8 | PCG PG&E CORP | Utilities | 3.8% | $211.5m | 14,022,157 | 3% | added |
| 9 | CRS CARPENTER TECHNOLOGY CORP | Industrials | 3.7% | $205.8m | 838,123 | 481% | added |
| 10 | AMZN AMAZON COM INC | Consumer Cyclical | 3.4% | $191.5m | 872,280 | -1% | reduced |
| 11 | NTRA NATERA INC | Healthcare | 3.3% | $181.3m | 1,126,405 | 702% | added |
| 12 | ILMN ILLUMINA INC | Healthcare | 3.1% | $170.9m | 1,800,007 | -39% | reduced |
| 13 | CPNG COUPANG INC | Consumer Cyclical | 2.9% | $163.9m | 5,089,150 | 20% | added |
| 14 | RKT ROCKET COS INC | Financial Services | 2.9% | $162.1m | 8,366,054 | 137% | added |
| 15 | CRH CRH PLC | Basic Materials | 2.8% | $156.9m | 1,308,329 | 0% | held |
| 16 | FLUTTER ENTMT PLC | 2.7% | $152.8m | 601,433 | -20% | reduced | |
| 17 | CX CEMEX SAB DE CV | Basic Materials | 2.7% | $150.4m | 16,730,759 | -16% | reduced |
| 18 | CCC CCC INTELLIGENT SOLUTIONS HL | Technology | 2.7% | $149.1m | 16,365,086 | 62% | added |
| 19 | WCC WESCO INTL INC | Industrials | 2.6% | $145.7m | 689,098 | 147% | added |
| 20 | RBRK RUBRIK INC. | Technology | 2.5% | $140.0m | 1,702,347 | – | new |
| 21 | GLNG GOLAR LNG LTD | Energy | 2.4% | $133.2m | 3,295,023 | 17% | added |
| 22 | ARMK ARAMARK | Industrials | 2.2% | $125.0m | 3,255,668 | 20% | added |
| 23 | CAI CARIS LIFE SCIENCES INC | Healthcare | 2.1% | $117.5m | 3,883,721 | 55% | added |
| 24 | EXPE EXPEDIA GROUP INC | Consumer Cyclical | 1.6% | $91.4m | 427,789 | 38% | added |
| 25 | OKTA OKTA INC | Technology | 1.6% | $90.0m | 981,850 | 36% | added |
| 26 | WAY WAYSTAR HLDG CORP | Healthcare | 1.4% | $79.6m | 2,099,772 | – | new |
| 27 | MSFT MICROSOFT CORP | Technology | 1.0% | $55.8m | 107,665 | – | new |
| 28 | RGEN REPLIGEN CORP | Healthcare | 1.0% | $54.7m | 409,503 | – | new |
| 29 | APP APPLOVIN CORP | Communication Services | 0.9% | $51.9m | 72,266 | – | new |
| 30 | WAB WABTEC | Industrials | 0.9% | $51.7m | 257,970 | – | new |
| 31 | IOT SAMSARA INC | Technology | 0.8% | $44.8m | 1,203,282 | – | new |
| 32 | GRAB HOLDINGS LIMITED | 0.7% | $38.3m | 6,369,154 | -48% | reduced | |
| 33 | RBLX ROBLOX CORP | Communication Services | 0.6% | $33.9m | 244,877 | 253% | added |
| 34 | EXE EXPAND ENERGY CORPORATION | Energy | 0.5% | $28.3m | 266,486 | -57% | reduced |
| 35 | ROIV ROIVANT SCIENCES LTD | Healthcare | 0.5% | $27.1m | 1,791,440 | -26% | reduced |
| 36 | COHR COHERENT CORP | Technology | 0.4% | $22.6m | 209,458 | -70% | reduced |
| 37 | PINS PINTEREST INC | Communication Services | 0.4% | $22.3m | 693,103 | – | new |
| 38 | TSEM TOWER SEMICONDUCTOR LTD | Technology | 0.4% | $20.5m | 283,504 | – | new |
| 39 | GGAL GRUPO FINANCIERO GALICIA S.A | Financial Services | 0.3% | $16.2m | 588,619 | -63% | reduced |
| 40 | EQT EQT CORP | Energy | 0.3% | $14.1m | 259,314 | -42% | reduced |
| 41 | BBAR BANCO BBVA ARGENTINA S A | 0.2% | $13.8m | 1,662,060 | -55% | reduced | |
| 42 | VST VISTRA CORP | Utilities | 0.2% | $12.3m | 62,872 | 0% | held |
| 43 | NRG NRG ENERGY INC | Utilities | 0.2% | $10.8m | 66,812 | – | new |
| 44 | METC RAMACO RES INC | Basic Materials | 0.2% | $10.8m | 325,946 | – | new |
| 45 | PG&E CORP | 0.2% | $10.1m | 10,000,000 | -80% | reduced | |
| 46 | BMA BANCO MACRO SA | Financial Services | 0.2% | $9.9m | 233,733 | -46% | reduced |
| 47 | ALVOTECH | 0.2% | $8.6m | 1,049,039 | 0% | held | |
| 48 | SRE SEMPRA | Utilities | 0.1% | $6.9m | 76,129 | 0% | held |
| 49 | SUPV GRUPO SUPERVIELLE S.A. | Financial Services | 0.1% | $4.1m | 836,762 | -76% | reduced |
| 50 | LOMA LOMA NEGRA C I A S A MTN 14 | 0.0% | $2.4m | 327,443 | – | new |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.