Fund HoldingsPointState Capital LP

Total Portfolio Value
$6.79B
Total Bought
$2.64B
Total Sold
$2.59B
Net Transaction
+$49.83M
Filing Period:
Securities
SharesValue ($K)
Q3 2025
Q4 2025
Change
Q3 2025
Q4 2025
Weight (%)
Change
VANECK ETF TRUST(Put)
SEMICONDUCTR ETF
01,380,000+1,380,0000496,979+496,979
CONSTELLATION ENERGY CORP(CEG)0827,626+827,6260292,3754.31%+292,375
FREEPORT-MCMORAN INC(FCX)03,908,710+3,908,7100198,5232.92%+198,523
FLUTTER ENTMT PLC(FLUT)601,4331,399,735+798,302152,764300,9994.43%+148,235
CARPENTER TECHNOLOGY CORP(CRS)(Call)0450,000+450,0000141,678+141,678
BLOCK INC(XYZ)02,057,224+2,057,2240133,9051.97%+133,905
GRAB HOLDINGS LIMITED
CLASS A ORD
6,369,15432,555,483+26,186,32938,342162,4522.39%+124,110
DOORDASH INC(DASH)0545,564+545,5640123,5591.82%+123,559
AMAZON COM INC(AMZN)872,2801,256,355+384,075191,527289,9924.27%+98,465
BANK AMERICA CORP01,418,828+1,418,828078,0361.15%+78,036
GRUPO FINANCIERO GALICIA S.A(GGAL)588,6191,592,990+1,004,37116,22285,9261.27%+69,704
WABTEC(WAB)257,970558,359+300,38951,715119,1821.75%+67,466
BANCO MACRO SA(BMA)233,733857,488+623,7559,88577,3111.14%+67,427
CARIS LIFE SCIENCES INC(CAI)3,883,7216,718,707+2,834,986117,483181,2712.67%+63,788
GLOBAL X FDS
GLOBAL X COPPER
0752,364+752,364054,0120.80%+54,012
ARAMARK(ARMK)3,255,6684,737,646+1,481,978125,018174,6302.57%+49,612
CEMEX SAB DE CV(CX)16,730,75917,283,246+552,487150,410198,5842.92%+48,175
VISTRA CORP(VST)62,872342,360+279,48812,31855,2330.81%+42,915
TEVA PHARMACEUTICAL INDS LTD(TEVA)(Call)3,672,1003,672,100074,176114,606+40,430
TOWER SEMICONDUCTOR LTD(TSEM)283,504480,614+197,11020,49756,4340.83%+35,936
BANCO BBVA ARGENTINA S A1,662,0602,668,038+1,005,97813,82848,2110.71%+34,383
ENTERGY CORP NEW(ETR)0310,325+310,325028,6830.42%+28,683
PAMPA ENERGIA S A(PAM)0271,221+271,221024,0060.35%+24,006
CEMEX SAB DE CV(CX)(Call)9,000,0009,000,000080,910103,410+22,500
COUPANG INC(CPNG)5,089,1507,863,165+2,774,015163,871185,4922.73%+21,621
RUBRIK INC.(RBRK)1,702,3472,100,000+397,653140,018160,6082.36%+20,590
VALE S A01,542,021+1,542,021020,0930.30%+20,093
LATTICE SEMICONDUCTOR CORP(LSCC)0270,613+270,613019,9120.29%+19,912
SAMSARA INC(IOT)1,203,2821,737,068+533,78644,82261,5790.91%+16,757
GRUPO SUPERVIELLE S.A.836,7621,519,056+682,2944,14217,9550.26%+13,813
GOLAR LNG LTD
SHS
3,295,0233,932,104+637,081133,152146,3142.15%+13,162
LOMA NEGRA C I A S A MTN 14327,4431,130,732+803,2892,41314,6430.22%+12,230
EXPAND ENERGY CORPORATION(EXE)266,486361,377+94,89128,31139,8820.59%+11,570
WAYSTAR HLDG CORP(WAY)2,099,7722,773,241+673,46979,62390,8241.34%+11,200
HUT 8 CORP(HUT)0232,938+232,938010,7010.16%+10,701
SCHWAB CHARLES CORP(SCHW)2,408,1472,408,1470229,906240,5983.54%+10,692
UNION PAC CORP(UNP)045,466+45,466010,5170.15%+10,517
ECHOSTAR CORP(ECHO)087,273+87,27309,4870.14%+9,487
XP INC(XP)0571,756+571,75609,3600.14%+9,360
RAMACO RES INC325,946999,187+673,24110,81817,9850.26%+7,167
WESCO INTL INC(WCC)689,098612,505-76,593145,744149,8432.21%+4,099
CCC INTELLIGENT SOLUTIONS HL(CCC)16,365,08618,925,086+2,560,000149,086150,4542.22%+1,369
RAMACO RES INC00001850.00%+185
NVENT ELECTRIC PLC(NVT)2,472,3952,378,858-93,537243,877242,5723.57%-1,305
ALVOTECH(ALVO)1,049,0391,049,03908,5925,3820.08%-3,210
EQT CORP(EQT)259,314194,486-64,82814,11410,4240.15%-3,690
SEMPRA(SRE)76,1290-76,1296,8500-6,850
PG&E CORP(PCG)00010,1330-10,133
NRG ENERGY INC(NRG)66,8120-66,81210,8200-10,820
STUBHUB HLDGS INC(STUB)20,706,00324,823,335+4,117,332348,689335,8604.95%-12,829
CARPENTER TECHNOLOGY CORP(CRS)838,123612,211-225,912205,793192,7492.84%-13,044
NATERA INC(NTRA)1,126,405715,495-410,910181,317163,9132.41%-17,405
PG&E CORP(PCG)14,022,15711,794,997-2,227,160211,454189,5462.79%-21,909
PINTEREST INC(PINS)693,1030-693,10322,2970-22,297
COHERENT CORP(COHR)209,4580-209,45822,5630-22,563
ROIVANT SCIENCES LTD(ROIV)1,791,4400-1,791,44027,1040-27,104
ROBLOX CORP(RBLX)244,8770-244,87733,9200-33,920
CAPITAL ONE FINL CORP(COF)1,056,350758,066-298,284224,559183,7252.71%-40,834
ROCKET COS INC(RKT)8,366,0546,223,575-2,142,479162,134120,4881.77%-41,646
APPLOVIN CORP(APP)72,2660-72,26651,9260-51,926
SELECT SECTOR SPDR TR(Call)
ST STR FINL ETF
1,000,0000-1,000,00053,8700-53,870
REPLIGEN CORP(RGEN)409,5030-409,50354,7380-54,738
MICROSOFT CORP(MSFT)107,6650-107,66555,7650-55,765
ILLUMINA INC(ILMN)(Call)1,646,900646,900-1,000,000156,40684,847-71,559
OKTA INC(OKTA)981,85083,300-898,55090,0367,2030.11%-82,833
EXPEDIA GROUP INC(EXPE)427,7890-427,78991,4400-91,440
ILLUMINA INC(ILMN)1,800,007531,942-1,268,065170,94769,7701.03%-101,177
CRH PLC
ORD
1,308,329352,765-955,564156,86944,0250.65%-112,844
TALEN ENERGY CORP(TLN)532,857135,870-396,987226,66750,9300.75%-175,737
ISHARES TR(Call)3,500,0000-3,500,000186,9000-186,900
PG&E CORP(PCG)(Call)15,000,0000-15,000,000226,2000-226,200
TEVA PHARMACEUTICAL INDS LTD(TEVA)20,712,3983,793,986-16,918,412418,390118,4101.74%-299,980
CORNING INC(GLW)(Call)4,200,0000-4,200,000344,5260-344,526
CORNING INC(GLW)6,004,652856,764-5,147,888492,56275,0181.10%-417,543
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