PointState Capital LP

All Holdings — 2026 Q1

AI Portfolio Summary
In 2026 Q1, PointState Capital LP maintained a portfolio of 73 distinct positions. The most significant new addition to the portfolio was STATE STR SPDR S&P 5, which now represents 42.00% of the total fund value. Conversely, PointState Capital LP completely exited their position in ALVOTECH.
PCA Score Concentration Risk
Risk ENB
Total Positions
73
Quarter
2026 Q1
Top Holding
SPY (42.0%)
Top 10 Concentration
71.2%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
Showing 1-50 of 73
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
SPY
STATE STR SPDR ...
PUT
PUT Option 42.00% #1
Prev: #—
9.5 5,100,000 no change
NEW
5,100,000 $3,316,734,000
$350.94 +86.9%
$650.34 +0.8%
2013 Q2 13F Filing 2026-03-31 2026-05-15
PCG
PG&E CORP
Utilities 4.78% 2.79% #2 9
Prev: #11
6.4 9,672,218 82.0%
P
S
21,467,215 $377,178,968
$15.27 +16.4%
$17.57 +1.1%
2017 Q4 13F Filing 2026-03-31 2026-05-15
CX
CEMEX SA EURO M...
Basic Materials 3.66% 2.92% #3 5
Prev: #8
5.0 7,960,273 46.1%
P
S
25,243,519 $288,785,857
$8.78 +27.8%
$11.44 -1.8%
2012 Q1 13F Filing 2026-03-31 2026-05-15
DASH
DOORDASH INC
Consumer Cyclical 3.48% 1.82% #4 20
Prev: #24
4.9 1,284,423 235.4%
P
S
1,829,987 $274,772,548 2024 Q2 13F Filing 2026-03-31 2026-05-15
IWM
ISHARES TR
PUT
PUT Option 3.45% #5
Prev: #—
5.4 1,100,000 no change
NEW
1,100,000 $272,800,000 2016 Q3 13F Filing 2026-03-31 2026-05-15
NVT
NVENT ELEC PLC
Industrials 3.29% 3.57% #6
Prev: #6
1.8 -182,330 -7.7%
P
S
2,196,528 $259,805,332 2023 Q3 13F Filing 2026-03-31 2026-05-15
XYZ
BLOCK INC
Technology 3.03% 1.97% #7 16
Prev: #23
4.2 1,920,463 93.4%
P
S
3,977,687 $239,377,204 2025 Q2 13F Filing 2026-03-31 2026-05-15
EWY
ISHARES INC
ETF 2.68% #8
Prev: #—
4.6 1,720,621 no change
NEW
1,720,621 $211,653,589 2025 Q2 13F Filing 2026-03-31 2026-05-15
Q
QNITY ELECTRONI...
Technology 2.54% #9
Prev: #—
4.5 1,737,944 no change
NEW
1,737,944 $200,523,979 2026 Q1 13F Filing 2026-03-31 2026-05-15
ARMK
ARAMARK
Industrials 2.33% 2.57% #10 5
Prev: #15
1.4 -205,353 -4.3%
P
S
4,532,293 $183,739,158 2022 Q3 13F Filing 2026-03-31 2026-05-15
RBRK
RUBRIK INC.
Technology 2.26% 2.36% #11 7
Prev: #18
3.9 1,546,244 73.6%
P
S
3,646,244 $178,556,569 2024 Q3 13F Filing 2026-03-31 2026-05-15
GRAB
GRAB HOLDINGS L...
Technology 1.96% 2.39% #12 5
Prev: #17
3.3 9,716,897 29.8%
P
S
42,272,380 $154,716,911 2024 Q3 13F Filing 2026-03-31 2026-05-15
WAB
WABTEC
Industrials 1.90% 1.75% #13 13
Prev: #26
2.8 42,297 7.6%
P
S
600,656 $150,109,941 2013 Q2 13F Filing 2026-03-31 2026-05-15
NTRA
NATERA INC
Healthcare 1.87% 2.41% #14 2
Prev: #16
1.2 24,384 3.4%
P
S
739,879 $147,968,401 2021 Q2 13F Filing 2026-03-31 2026-05-15
FLUT
FLUTTER ENTMT P...
Consumer Cyclical 1.83% 4.43% #15 12
Prev: #3
1.2 16,837 1.2%
P
S
1,416,572 $144,419,515 2024 Q2 13F Filing 2026-03-31 2026-05-15
CAI
CARIS LIFE SCIE...
Healthcare 1.67% 2.67% #16 2
Prev: #14
2.7 641,739 9.6%
P
S
7,360,446 $131,604,774 2025 Q2 13F Filing 2026-03-31 2026-05-15
ENTG
ENTEGRIS INC
Technology 1.65% #17
Prev: #—
4.2 1,112,040 no change
NEW
1,112,040 $130,375,570 2026 Q1 13F Filing 2026-03-31 2026-05-15
GLNG
GOLAR LNG LTD
Energy 1.61% 2.15% #18 3
Prev: #21
0.6 -1,585,309 -40.3%
P
S
2,346,795 $126,985,077 2014 Q1 13F Filing 2026-03-31 2026-05-15
STUB
STUBHUB HLDGS I...
Communication Services 1.59% 4.95% #19 17
Prev: #2
1.1 -4,696,634 -18.9%
P
S
20,126,701 $125,590,614 2025 Q3 13F Filing 2026-03-31 2026-05-15
COF
CAPITAL ONE FIN...
Financial Services 1.58% 2.71% #20 7
Prev: #13
1.1 -75,986 -10.0%
P
S
682,080 $124,431,854 2019 Q1 13F Filing 2026-03-31 2026-05-15
EWZ
ISHARES INC
ETF 1.18% #21
Prev: #—
4.0 2,422,975 no change
NEW
2,422,975 $93,018,010 2011 Q4 13F Filing 2026-03-31 2026-05-15
WAY
WAYSTAR HLDG CO...
Healthcare 1.15% 1.34% #22 8
Prev: #30
3.0 994,557 35.9%
P
S
3,767,798 $90,841,610 2025 Q3 13F Filing 2026-03-31 2026-05-15
WCC
WESCO INTL INC
Industrials 1.02% 2.21% #23 3
Prev: #20
0.4 -317,398 -51.8%
P
S
295,107 $80,747,177 2024 Q2 13F Filing 2026-03-31 2026-05-15
GGAL
GRUPO FINANCIER...
Financial Services 0.77% 1.27% #24 7
Prev: #31
0.8 -296,237 -18.6%
P
S
1,296,753 $60,571,333 2015 Q2 13F Filing 2026-03-31 2026-05-15
RMBS
RAMBUS INC DEL
Technology 0.76% #25
Prev: #—
3.8 701,307 no change
NEW
701,307 $60,333,441 2026 Q1 13F Filing 2026-03-31 2026-05-15
TEVA
TEVA PHARMACEUT...
Healthcare 0.75% 1.74% #26 1
Prev: #27
0.3 -1,820,204 -48.0%
P
S
1,973,782 $59,450,314 2013 Q4 13F Filing 2026-03-31 2026-05-15
BMA
BANCO MACRO S A
Financial Services 0.70% 1.14% #27 7
Prev: #34
0.8 -146,995 -17.1%
P
S
710,493 $54,970,843 2015 Q2 13F Filing 2026-03-31 2026-05-15
LYB
LYONDELLBASELL ...
Basic Materials 0.63% #28
Prev: #—
3.8 616,792 no change
NEW
616,792 $49,688,764 2011 Q4 13F Filing 2026-03-31 2026-05-15
META
META PLATFORMS ...
Communication Services 0.53% #29
Prev: #—
3.7 72,670 no change
NEW
72,670 $41,576,687 2015 Q1 13F Filing 2026-03-31 2026-05-15
RKT
ROCKET COS INC
Financial Services 0.51% 1.77% #30 5
Prev: #25
0.2 -3,402,861 -54.7%
P
S
2,820,714 $40,195,175 2025 Q2 13F Filing 2026-03-31 2026-05-15
DOW
DOW HLDGS INC
Basic Materials 0.48% #31
Prev: #—
3.7 902,960 no change
NEW
902,960 $37,608,284 2014 Q4 13F Filing 2026-03-31 2026-05-15
BBAR
BANCO BBVA ARGE...
Financial Services 0.45% 0.71% #32 10
Prev: #42
0.7 -439,585 -16.5%
P
S
2,228,453 $35,788,955 2024 Q2 13F Filing 2026-03-31 2026-05-15
LTH
LIFE TIME GROUP...
Consumer Cyclical 0.31% #33
Prev: #—
3.6 907,880 no change
NEW
907,880 $24,458,287 2026 Q1 13F Filing 2026-03-31 2026-05-15
PAM
PAMPA ENERGIA S...
Industrials 0.30% 0.35% #34 12
Prev: #46
1.1 no change no change
P
S
271,221 $24,003,059 2014 Q3 13F Filing 2026-03-31 2026-05-15
VG
VENTURE GLOBAL ...
Energy 0.29% #35
Prev: #—
3.6 1,464,704 no change
NEW
1,464,704 $23,083,735 2026 Q1 13F Filing 2026-03-31 2026-05-15
ILMN
ILLUMINA INC
Healthcare 0.23% 1.03% #36
Prev: #36
0.1 -383,397 -72.1%
P
S
148,545 $18,309,657 2013 Q3 13F Filing 2026-03-31 2026-05-15
CPNG
COUPANG INC
Consumer Cyclical 0.18% 2.73% #37 25
Prev: #12
0.1 -7,125,475 -90.6%
P
S
737,690 $13,927,587 2023 Q1 13F Filing 2026-03-31 2026-05-15
LOMA
LOMA NEGRA C I ...
Basic Materials 0.16% 0.22% #38 13
Prev: #51
1.1 no change no change
P
S
1,130,732 $12,539,818 2017 Q4 13F Filing 2026-03-31 2026-05-15
SUPV
GRUPO SUPERVIEL...
Financial Services 0.15% 0.26% #39 11
Prev: #50
0.6 -261,992 -17.2%
P
S
1,257,064 $11,854,114 2016 Q2 13F Filing 2026-03-31 2026-05-15
MT
ARCELORMITTAL S...
Basic Materials 0.08% #40
Prev: #—
3.5 125,127 no change
NEW
125,127 $6,504,101 2019 Q1 13F Filing 2026-03-31 2026-05-15
COPX
GLOBAL X FDS
ETF 0.07% 0.80% #41 1
Prev: #40
0.0 -679,386 -90.3%
P
S
72,978 $5,571,870 2025 Q4 13F Filing 2026-03-31 2026-05-15
COMM
VISTANCE NETWOR...
Unknown 0.07% #42
Prev: #—
3.5 293,428 no change
NEW
293,428 $5,340,390 2026 Q1 13F Filing 2026-03-31 2026-05-15
CRS
CARPENTER TECHN...
Industrials 0.06% 2.84% #43 33
Prev: #10
0.0 -599,264 -97.9%
P
S
12,947 $5,103,060 2025 Q2 13F Filing 2026-03-31 2026-05-15
FCX
FREEPORT MCMORA...
Basic Materials 0.01% 2.92% #44 35
Prev: #9
0.0 -3,899,403 -99.8%
P
S
9,307 $547,065 2012 Q2 13F Filing 2026-03-31 2026-05-15
N/A
RAMACO RES INC
Bond/Debt 0.00% 0.00% #45 14
Prev: #59
1.0 no change no change
P
S
220,000 $167,464 13F Filing 2026-03-31 2026-05-15
ALVO
ALVOTECH
Healthcare 0.00% 0.08%
Sold All 😨
(Was: #58)
0.0 -1,049,039 -100.0%
CLOSED
$— 2024 Q2 13F Filing 2026-03-31 2026-05-15
OKTA
OKTA INC
Technology 0.00% 0.11%
Sold All 😨
(Was: #57)
0.0 -83,300 -100.0%
CLOSED
$— 2019 Q2 13F Filing 2026-03-31 2026-05-15
XP
XP INC
Financial Services 0.00% 0.14%
Sold All 😨
(Was: #56)
0.0 -571,756 -100.0%
CLOSED
$— 2025 Q4 13F Filing 2026-03-31 2026-05-15
SATS
ECHOSTAR CORP
Communication Services 0.00% 0.14%
Sold All 😨
(Was: #55)
0.0 -87,273 -100.0%
CLOSED
$— 2013 Q3 13F Filing 2026-03-31 2026-05-15
EQT
EQT CORP
Energy 0.00% 0.15%
Sold All 😨
(Was: #54)
0.0 -194,486 -100.0%
CLOSED
$— 2011 Q4 13F Filing 2026-03-31 2026-05-15
Showing 1-50 of 73 holdings

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