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Slate Path Capital LP

SEC CIK
0001559706
Latest filing
Aug 14, 2026

Holdings in Q4 2025

Holdings as of Dec 31, 2025, filed Feb 17, 2026. Long positions only; changes compare share counts with Q3 2025.

Institution overview
Positions
51
0 vs. Q3 2025
Portfolio value
$7.41B
+$951.2M (+14.7%) vs. Q3 2025
Filed
Feb 17, 2026
SEC
Holdings of Slate Path Capital LP in Q4 2025
SecurityClassSharesValue% of portfolioShare changeActionHistory
HPEHewlett Packard Enterprise CoCOM24,396,242$586.0M7.9%+6,887,100+39.3%AddedHistory
ONOn Semiconductor CorpStock10,480,200$567.5M7.7%+10,480,200NewHistory
RKTRocket Companies, Inc.Stock25,689,300$497.3M6.7%+11,894,300+86.2%AddedHistory
UUnity Software Inc.COM8,200,752$362.2M4.9%−2,490,100−23.3%ReducedHistory
EQTEQT CorpStock6,272,388$336.2M4.5%+332,800+5.6%AddedHistory
AMRZAmrize LtdSHS5,859,119$316.9M4.3%−263,200−4.3%ReducedHistory
CLFCleveland-Cliffs Inc.COM22,416,281$297.7M4.0%+2,663,036+13.5%AddedHistory
NUENucor CorpCOM1,664,170$271.4M3.7%+126,870+8.3%AddedHistory
FCXFreeport-McMoran IncStock5,155,000$261.8M3.5%+5,155,000NewHistory
HUMHumana IncStock953,000$244.1M3.3%+953,000NewHistory
GTLBGitlab Inc.CLASS A COM5,973,800$224.2M3.0%+2,818,800+89.3%AddedHistory
KNXKnight-Swift Transportation Holdings Inc.CL A4,285,700$224.1M3.0%+4,285,700NewHistory
TWLOTwilio IncCL A1,562,600$222.3M3.0%+1,107,700+243.5%AddedHistory
NOKNokia CorpSPONSORED ADR33,686,602$218.0M2.9%−3,200,600−8.7%ReducedHistory
UALUnited Airlines Holdings, Inc.COM1,889,952$211.3M2.9%+731,780+63.2%AddedHistory
DALDelta Air Lines, Inc.COM NEW2,927,048$203.1M2.7%+1,192,400+68.7%AddedHistory
UNPUnion Pacific CorpStock750,204$173.5M2.3%−881,396−54.0%ReducedHistory
EXEExpand Energy CorpCOM1,567,514$173.0M2.3%−48,200−3.0%ReducedHistory
GFSGLOBALFOUNDRIES Inc.Stock4,856,000$169.6M2.3%+3,086,900+174.5%AddedHistory
ARWRArrowhead Pharmaceuticals, Inc.COM2,523,500$167.5M2.3%−2,458,500−49.3%ReducedHistory
QQnity Electronics, Inc.COMMON STOCK1,916,800$156.5M2.1%+1,916,800NewHistory
AALAmerican Airlines Group Inc.Stock9,034,394$138.5M1.9%−947,400−9.5%ReducedHistory
STMSTMicroelectronics N.V.NY REGISTRY5,280,500$137.0M1.8%+5,280,500NewHistory
AERAerCap Holdings N.V.SHS938,144$134.9M1.8%−83,500−8.2%ReducedHistory
JHXJames Hardie Industries plcStock5,364,500$111.3M1.5%+3,083,434+135.2%AddedHistory
IPInternational Paper CoCOM2,577,076$101.5M1.4%−240,674−8.5%ReducedHistory
GEVGE Vernova Inc.Stock119,158$77.9M1.1%−18,200−13.3%ReducedHistory
GLWCorning IncCOM871,200$76.3M1.0%−153,000−14.9%ReducedHistory
FIGRFigure Technology Solutions, Inc.Stock1,853,900$75.7M1.0%+1,853,900NewHistory
NKENIKE, Inc.Stock1,106,400$70.5M1.0%+1,106,400NewHistory
PAASPan American Silver CorpStock1,334,280$69.1M0.9%−1,860,520−58.2%ReducedHistory
PSKYParamount Skydance CorpCOM CL B5,093,293$68.3M0.9%−832,400−14.0%ReducedHistory
APTVAptiv PLCStock896,277$68.2M0.9%+2,277+0.3%AddedHistory
AMBAAmbarella IncSHS814,400$57.7M0.8%+814,400NewHistory
COINCoinbase Global, Inc.COM CL A251,980$57.0M0.8%−74,200−22.7%ReducedHistory
WDCWestern Digital CorpCOM321,278$55.3M0.7%−1,094,959−77.3%ReducedHistory
FISVFiserv IncStock727,400$48.9M0.7%+727,400NewHistory
WHRWhirlpool CorpStock433,700$31.3M0.4%−396,300−47.7%ReducedHistory
NVTSNavitas Semiconductor CorpCOM2,880,200$20.6M0.3%+2,880,200NewHistory
STUBStubHub Holdings, Inc.CL A1,459,200$19.7M0.3%+1,459,200NewHistory
LULUlululemon athletica inc.Stock88,600$18.4M0.2%+88,600NewHistory
OUSTOuster, Inc.COM NEW829,000$17.9M0.2%00.0%UnchangedHistory
CSXCSX CorpStock479,800$17.4M0.2%+479,800NewHistory
BBarrick Mining CorpStock263,552$11.5M0.2%−2,286,282−89.7%ReducedHistory
NAMSNewAmsterdam Pharma Co N.V.ORDINARY SHARES319,000$11.2M0.2%00.0%UnchangedHistory
NEMNEWMONT CorpStock108,936$10.9M0.1%−865,276−88.8%ReducedHistory
NYTNew York Times CoCL A139,039$9.65M0.1%−137,300−49.7%ReducedHistory
State Street SPDR S&P Regional Banking ETF78464A698ETF130,003$8.43M0.1%+130,003New–
TVRDTvardi Therapeutics, Inc.COM704,118$3.03M<0.1%00.0%UnchangedHistory
LABStandard Biotools Inc.COM1,615,000$2.07M<0.1%00.0%UnchangedHistory
AUROWAurora Innovation, Inc.EQUITY WRT437,500$98.5K<0.1%00.0%UnchangedHistory

Sold out since Q3 2025 (15)

Positions held at the end of Q3 2025 that are gone from this filing.

Positions of Slate Path Capital LP sold out since Q3 2025
SecurityClassShares in Q3 2025Value in Q3 2025% of portfolio in Q3 2025History
SNDKSandisk CorpCOM2,693,657$302.2M4.7%History
WBDWarner Bros. Discovery, Inc.Stock11,804,700$230.5M3.6%History
TEVATeva Pharmaceutical Industries LtdSPONSORED ADS7,927,998$160.1M2.5%History
STXSeagate Technology Holdings plcORD SHS658,867$155.5M2.4%History
UPSTUpstart Holdings, Inc.COM2,731,974$138.8M2.1%History
GEGeneral Electric CoStock256,792$77.2M1.2%History
STNEStoneCo Ltd.COM3,778,541$71.5M1.1%History
DOWDow Inc.Stock2,465,500$56.5M0.9%History
LYBLyondellBasell Industries N.V.SHS - A -1,126,800$55.3M0.9%History
SNAPSnap IncStock6,706,200$51.7M0.8%History
RUNSunrun Inc.COM2,733,850$47.3M0.7%History
UWMCUWM Holdings CorpCOM CL A4,654,000$28.3M0.4%History
SBSWSibanye Stillwater LtdSPONSORED ADR1,919,000$21.6M0.3%History
LENLennar CorpCL A124,102$15.6M0.2%History
SWSmurfit Westrock plcStock187,000$7.96M0.1%History