PointState Capital LP

CIK

1509842

Location

New York, NY

Portfolio Value

Mid $7,111,662,832

Diversification

Diversified

Reports for

PointState Season LLC

Filing Date

Global Rank

#569 / 8,517 ▼ 49

Top Industry

Internet Content & Information 15.8%

3Y Alpha vs SPY

+34.5%

Period ended 48 days ago

Filed Aug 14, 2026 · 3d

26 quarters · since Mar 2020

Clone Performance

Aug 2023–Aug 2026 · vs SPY

Hypothetical growth of buying every stock this filer reported holding, rebalancing on each filing and indexed to the same start. Option positions cannot be bought this way and are left out.

Not a measure of this manager's performance. Most of PointState Capital LP's reported book is option positions, which a stock-only clone cannot replicate. The figures below are the return of the 70% that is ordinary stock — as little as 48% in one quarter — so a manager whose options thesis lost money can still show a large gain here.

Cloned portfolio

+281.5%

SPY

+77.9%

Annualised alpha

+35.1%

Max drawdown

−27.1%

Estimate. 13F holdings are quarter-lagged, so the clone rebalances about 45 days after each period end — when the filing becomes public — and it excludes option and short positions. Returns use comparable raw closes and exclude dividends; a captured split can shorten the simulated window. It tracks 70% of reported value on average across 13 quarters. Past performance does not predict future results.

Portfolio Concentration

41 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

13.4%

−31.9 pts

Top 5

39.7%

−22.1 pts

Top 10

59.6%

−15.2 pts

HHI

546

Diversified−1,650

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Industrials	19.1%	$1,360,684,471	10
Technology	18.5%	$1,312,518,590	7
Consumer Cyclical	16.5%	$1,176,360,899	6
Communication Services	15.8%	$1,124,987,757	3
Utilities	12.2%	$870,830,606	1
Basic Materials	6.3%	$450,264,914	5
Healthcare	5.1%	$364,485,786	4
Financial Services	5.1%	$359,432,288	4
Energy	1.3%	$92,097,521	1

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

12 positions

Ticker	Company	Δ Shares	Shares	Value
GRAB	Grab Holdings Ltd	+42,619,312	84,891,692	$320,041,678
PCG	PG&E Corp	+30,306,305	51,773,520	$870,830,606
CPNG	Coupang, Inc.	+3,421,514	4,159,204	$72,245,373
META	Meta Platforms, Inc.	+1,622,741	1,695,411	$955,008,062
ILMN	Illumina, Inc.	+713,665	862,210	$151,602,384
RMBS	Rambus Inc	+412,865	1,114,172	$147,895,191
BBAR	Banco BBVA Argentina S.A.	+175,104	2,403,557	$47,133,752
COF	Capital One Financial Corp	+171,980	854,060	$171,341,517
GGAL	Grupo Financiero Galicia SA	+102,247	1,399,000	$69,991,970
Q	Qnity Electronics, Inc.	+59,240	1,797,184	$293,498,119
BMA	Macro Bank Inc.	+55,951	766,444	$70,965,049
WAB	Westinghouse Air Brake Technologies Corp	+37,799	638,455	$172,127,468
No positions match the current search.

Trimmed

Positions the filer reduced

8 positions

Ticker	Company	Δ Shares	Shares	Value
STUB	StubHub Holdings, Inc.	−10,163,529	9,963,172	$128,226,023
WAY	Waystar Holding Corp.	−2,737,296	1,030,502	$21,156,206
ARMK	Aramark	−2,158,355	2,373,938	$135,077,072
RBRK	Rubrik, Inc.	−1,790,000	1,856,244	$149,019,268
XYZ	Block, Inc.	−883,194	3,094,493	$235,181,468
FLUT	Flutter Entertainment plc	−562,321	854,251	$87,278,824
CAI	Caris Life Sciences, Inc.	−531,611	6,828,835	$121,689,839
NTRA	Natera, Inc.	−481,867	258,012	$70,037,357
No positions match the current search.

New Positions

Positions the filer opened this quarter

16 positions

Ticker	Company	Shares	Value
AMZN	Amazon Com Inc	1,423,550	$339,288,907
DKNG	DraftKings Inc.	11,986,638	$302,782,475
RTX	RTX Corp	1,491,395	$282,962,373
FLS	Flowserve Corp	2,654,220	$196,836,955
KNX	Knight-Swift Transportation Holdings Inc.	1,994,977	$155,348,858
UNP	Union Pacific Corp	504,063	$137,105,136
NN	Nextnav Inc.	6,904,953	$123,115,311
CSX	Csx Corp	2,552,063	$121,299,554
UAL	United Airlines Holdings, Inc.	889,534	$120,967,728
WMB	Williams Companies, Inc.	1,238,869	$92,097,521
CLF	Cleveland-Cliffs Inc.	6,582,026	$61,805,224
NUE	Nucor Corp	249,432	$55,560,978
MSFT	Microsoft Corp	117,333	$43,767,555
MTCH	Match Group, Inc.	1,097,337	$41,753,672
STLD	Steel Dynamics Inc	74,216	$17,029,603
AZUL	Azul SA	1,855,834	$16,683,947
No positions match the current search.

Sold Out

Positions the filer fully exited

15 positions

Ticker	Company	Shares	Value
SPY	Spdr S&P 500 ETF Trust	5,100,000	$3,316,734,000
NVT	nVent Electric plc	2,196,528	$259,805,331
ENTG	Entegris Inc	1,112,040	$130,375,569
GLNG	Golar Lng Ltd	2,346,795	$126,985,077
WCC	Wesco International Inc	295,107	$80,747,177
TEVA	Teva Pharmaceutical Industries Ltd	1,973,782	$59,450,313
LYB	LyondellBasell Industries N.V.	616,792	$49,688,763
RKT	Rocket Companies, Inc.	2,820,714	$40,195,174
DOW	Dow Inc.	902,960	$37,608,284
VG	Venture Global, Inc.	1,464,704	$23,083,735
SUPV	Grupo Supervielle S.A.	1,257,064	$11,854,113
MT	ArcelorMittal	125,127	$6,504,101
VISN	Vistance Networks, Inc.	293,428	$5,340,389
CRS	Carpenter Technology Corp	12,947	$5,103,060
FCX	Freeport-Mcmoran Inc	9,307	$547,065
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

41 tracked positions · $7,111,662,832 total · filing declares 51 positions · $7,824,078,662 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Energy Financial Services Healthcare Industrials Technology Utilities

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
META	Meta Platforms, Inc. CALL + SHARES Communication Services	Added	1,695,411	+1,622,741	$955,008,062	+2197.0%	13.43%
PCG	PG&E Corp CALL + SHARES Utilities	Added	51,773,520	+30,306,305	$870,830,606	+130.9%	12.25%
AMZN	Amazon Com Inc Consumer Cyclical	NEW	1,423,550	NEW	$339,288,907	NEW	4.77%
DASH	DoorDash, Inc. Consumer Cyclical	Held	1,829,987	0	$337,687,501	+22.9%	4.75%
GRAB	Grab Holdings Ltd Technology	Added	84,891,692	+42,619,312	$320,041,678	+106.9%	4.50%
CX	Cemex Sab De CV Basic Materials	Held	25,243,519	0	$302,922,228	+4.9%	4.26%
DKNG	DraftKings Inc. CALL + SHARES Consumer Cyclical	NEW	11,986,638	NEW	$302,782,475	NEW	4.26%
Q	Qnity Electronics, Inc. Technology	Added	1,797,184	+59,240	$293,498,119	+46.4%	4.13%
RTX	RTX Corp Industrials	NEW	1,491,395	NEW	$282,962,373	NEW	3.98%
XYZ	Block, Inc. Technology	Reduced	3,094,493	-883,194	$235,181,468	−1.8%	3.31%
FLS	Flowserve Corp Industrials	NEW	2,654,220	NEW	$196,836,955	NEW	2.77%
WAB	Westinghouse Air Brake Technologies Corp Industrials	Added	638,455	+37,799	$172,127,468	+14.7%	2.42%
COF	Capital One Financial Corp Financial Services	Added	854,060	+171,980	$171,341,517	+37.7%	2.41%
KNX	Knight-Swift Transportation Holdings Inc. Industrials	NEW	1,994,977	NEW	$155,348,858	NEW	2.18%
ILMN	Illumina, Inc. Healthcare	Added	862,210	+713,665	$151,602,384	+728.0%	2.13%
RBRK	Rubrik, Inc. Technology	Reduced	1,856,244	-1,790,000	$149,019,268	−16.5%	2.10%
RMBS	Rambus Inc CALL + SHARES Technology	Added	1,114,172	+412,865	$147,895,191	+145.1%	2.08%
UNP	Union Pacific Corp Industrials	NEW	504,063	NEW	$137,105,136	NEW	1.93%
ARMK	Aramark Industrials	Reduced	2,373,938	-2,158,355	$135,077,072	−26.5%	1.90%
STUB	StubHub Holdings, Inc. Communication Services	Reduced	9,963,172	-31,266,098	$128,226,023	−50.2%	1.80%
NN	Nextnav Inc. CALL + SHARES Technology	NEW	6,904,953	NEW	$123,115,311	NEW	1.73%
CAI	Caris Life Sciences, Inc. Healthcare	Reduced	6,828,835	-531,611	$121,689,839	−7.5%	1.71%
CSX	Csx Corp Industrials	NEW	2,552,063	NEW	$121,299,554	NEW	1.71%
UAL	United Airlines Holdings, Inc. Industrials	NEW	889,534	NEW	$120,967,728	NEW	1.70%
WMB	Williams Companies, Inc. Energy	NEW	1,238,869	NEW	$92,097,521	NEW	1.30%
FLUT	Flutter Entertainment plc Consumer Cyclical	Reduced	854,251	-562,321	$87,278,824	−39.6%	1.23%
CPNG	Coupang, Inc. Consumer Cyclical	Added	4,159,204	+3,421,514	$72,245,373	+418.7%	1.02%
BMA	Macro Bank Inc. Financial Services	Added	766,444	+55,951	$70,965,049	+29.1%	1.00%
NTRA	Natera, Inc. Healthcare	Reduced	258,012	-481,867	$70,037,357	−52.7%	0.98%
GGAL	Grupo Financiero Galicia SA Financial Services	Added	1,399,000	+102,247	$69,991,970	+15.6%	0.98%
CLF	Cleveland-Cliffs Inc. Basic Materials	NEW	6,582,026	NEW	$61,805,224	NEW	0.87%
NUE	Nucor Corp Basic Materials	NEW	249,432	NEW	$55,560,978	NEW	0.78%
BBAR	Banco BBVA Argentina S.A. Financial Services	Added	2,403,557	+175,104	$47,133,752	+31.7%	0.66%
MSFT	Microsoft Corp Technology	NEW	117,333	NEW	$43,767,555	NEW	0.62%
MTCH	Match Group, Inc. Communication Services	NEW	1,097,337	NEW	$41,753,672	NEW	0.59%
LTH	Life Time Group Holdings, Inc. Consumer Cyclical	Held	907,880	0	$37,077,819	+51.6%	0.52%
PAM	Pampa Energy Inc. Industrials	Held	271,221	0	$22,275,380	−7.2%	0.31%
WAY	Waystar Holding Corp. Healthcare	Reduced	1,030,502	-2,737,296	$21,156,206	−76.7%	0.30%
STLD	Steel Dynamics Inc Basic Materials	NEW	74,216	NEW	$17,029,603	NEW	0.24%
AZUL	Azul SA Industrials	NEW	1,855,834	NEW	$16,683,947	NEW	0.23%
LOMA	Loma Negra Compania Industrial Argentina Sociedad Anonima Basic Materials	Held	1,130,732	0	$12,946,881	+3.2%	0.18%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.