Slate Path Capital LP
CIK 0001559706
Annualised vol
14.08005%
Beta
0.53719
HHI
431.467715
Top-10 weight
55.284472%
VaR 95%
1.345509%
VaR 99%
2.281645%
Max drawdown
24.697623%
Matched value
65.205097%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| U | ADDED | 16,075,152 | 11,349,752 | 41.63% | 459,427,844 |
| HUM | ADDED | 1,079,930 | 459,700 | 134.92% | 428,969,795 |
| STM | REDUCED | 5,239,714 | 6,125,400 | -14.46% | 392,402,181 |
| HPE | REDUCED | 7,781,642 | 23,254,842 | -66.54% | 351,029,871 |
| DAL | ADDED | 3,015,048 | 2,966,548 | 1.63% | 282,389,396 |
| NUE | REDUCED | 1,258,770 | 2,041,470 | -38.34% | 280,391,018 |
| FCX | ADDED | 4,423,300 | 3,468,900 | 27.51% | 278,181,337 |
| CLF | ADDED | 28,410,081 | 19,243,981 | 47.63% | 266,770,661 |
| WOLF | UNCHANGED | 4,438,156 | 4,438,156 | 0.0% | 214,141,027 |
| CSX | NEW | 4,009,200 | - | - | 190,557,276 |
| IP | ADDED | 4,861,976 | 3,379,676 | 43.86% | 185,241,286 |
| RIG | ADDED | 37,266,300 | 30,062,100 | 23.96% | 182,232,207 |
| APTV | NEW | 2,650,115 | - | - | 162,664,059 |
| AAL | ADDED | 8,276,584 | 6,471,684 | 27.89% | 149,557,873 |
| RBLX | NEW | 2,746,300 | - | - | 149,343,794 |
| AKAM | NEW | 1,196,800 | - | - | 141,473,728 |
| ENPH | ADDED | 2,587,170 | 909,900 | 184.34% | 127,392,251 |
| ON | REDUCED | 1,269,323 | 7,798,800 | -83.72% | 120,001,796 |
| KMX | NEW | 1,827,700 | - | - | 96,667,053 |
| PSKY | UNCHANGED | 7,512,784 | 7,512,784 | 0.0% | 74,076,050 |
| COIN | UNCHANGED | 263,379 | 263,379 | 0.0% | 38,503,376 |
| CRCL | NEW | 567,300 | - | - | 35,529,999 |
| SNAP | UNCHANGED | 7,287,400 | 7,287,400 | 0.0% | 32,356,056 |
| PURR | NEW | 2,719,000 | - | - | 21,398,530 |
| XPO | UNCHANGED | 100,600 | 100,600 | 0.0% | 20,652,174 |
| GEV | REDUCED | 13,519 | 116,558 | -88.4% | 15,882,932 |
| UNH | NEW | 28,300 | - | - | 11,762,329 |
| TVRD | UNCHANGED | 704,118 | 704,118 | 0.0% | 1,337,824 |
| AUR | UNCHANGED | 437,500 | 437,500 | 0.0% | 140,044 |
| NOK | CLOSED OUT | 0 | 35,838,802 | -100.0% | 0 |
| TE | CLOSED OUT | 0 | 6,287,300 | -100.0% | 0 |
| GFS | CLOSED OUT | 0 | 5,042,300 | -100.0% | 0 |
| EQT | CLOSED OUT | 0 | 3,886,288 | -100.0% | 0 |
| AMRZ | CLOSED OUT | 0 | 3,752,947 | -100.0% | 0 |
| Q | CLOSED OUT | 0 | 2,489,700 | -100.0% | 0 |
| LAB | CLOSED OUT | 0 | 1,615,000 | -100.0% | 0 |
| TWLO | CLOSED OUT | 0 | 742,810 | -100.0% | 0 |
| SEDG | CLOSED OUT | 0 | 736,700 | -100.0% | 0 |
| SAIA | CLOSED OUT | 0 | 308,000 | -100.0% | 0 |
| SW | CLOSED OUT | 0 | 186,684 | -100.0% | 0 |
| EXE | CLOSED OUT | 0 | 133,555 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| - | UNION PAC CORP | COM | 907818108 | 626,308,288 | 8.67 | 2302604.0 | |
| U | ADDED | UNITY SOFTWARE INC | COM | 91332U101 | 459,427,844 | 6.36 | 1.6075152E7 |
| - | UNITED AIRLS HLDGS INC | COM | 910047109 | 452,228,217 | 6.26 | 3325452.0 | |
| HUM | ADDED | HUMANA INC | COM | 444859102 | 428,969,795 | 5.94 | 1079930.0 |
| STM | REDUCED | STMICROELECTRONICS N V | NY REGISTRY | 861012102 | 392,402,181 | 5.43 | 5239714.0 |
| - | RIVIAN AUTOMOTIVE INC | COM CL A | 76954A103 | 381,325,240 | 5.28 | 2.19784E7 | |
| HPE | REDUCED | HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 | 351,029,871 | 4.86 | 7781642.0 |
| - | FEDEX FGHT HLDG CO INC | COMMON STOCK | 314352105 | 339,327,200 | 4.7 | 2247200.0 | |
| DAL | ADDED | DELTA AIR LINES INC | COM NEW | 247361702 | 282,389,396 | 3.91 | 3015048.0 |
| NUE | REDUCED | NUCOR CORP | COM | 670346105 | 280,391,018 | 3.88 | 1258770.0 |
| FCX | ADDED | FREEPORT MCMORAN INC | CL B | 35671D857 | 278,181,337 | 3.85 | 4423300.0 |
| CLF | ADDED | CLEVELAND-CLIFFS INC NEW | COM | 185899101 | 266,770,661 | 3.69 | 2.8410081E7 |
| - | KNIGHT-SWIFT TRANSN HLDGS IN | CL A | 499049104 | 265,614,570 | 3.68 | 3411000.0 | |
| WOLF | UNCHANGED | WOLFSPEED INC | COMMON STOCK | 97785W106 | 214,141,027 | 2.96 | 4438156.0 |
| CSX | NEW | CSX CORP | COM | 126408103 | 190,557,276 | 2.64 | 4009200.0 |
| IP | ADDED | INTERNATIONAL PAPER CO | COM | 460146103 | 185,241,286 | 2.56 | 4861976.0 |
| RIG | ADDED | TRANSOCEAN LTD | REGISTERED SHS | H8817H100 | 182,232,207 | 2.52 | 3.72663E7 |
| APTV | NEW | APTIV PLC | COM SHS | G3265R107 | 162,664,059 | 2.25 | 2650115.0 |
| - | JAMES HARDIE INDS PLC | ORD SHS | G4253H101 | 157,629,780 | 2.18 | 6021000.0 | |
| AAL | ADDED | AMERICAN AIRLINES GROUP INC | COM | 02376R102 | 149,557,873 | 2.07 | 8276584.0 |
| RBLX | NEW | ROBLOX CORP | CL A | 771049103 | 149,343,794 | 2.07 | 2746300.0 |
| - | TEXAS INSTRS INC | COM | 882508104 | 147,699,944 | 2.04 | 495521.0 | |
| AKAM | NEW | AKAMAI TECHNOLOGIES INC | COM | 00971T101 | 141,473,728 | 1.96 | 1196800.0 |
| ENPH | ADDED | ENPHASE ENERGY INC | COM | 29355A107 | 127,392,251 | 1.76 | 2587170.0 |
| ON | REDUCED | ON SEMICONDUCTOR CORP | COM | 682189105 | 120,001,796 | 1.66 | 1269323.0 |
| KMX | NEW | CARMAX INC | COM | 143130102 | 96,667,053 | 1.34 | 1827700.0 |
| PSKY | UNCHANGED | PARAMOUNT SKYDANCE CORP | COM CL B | 69932A204 | 74,076,050 | 1.03 | 7512784.0 |
| - | FIGURE TECHNOLOGY SOLUTIO | COM CL A | 349381103 | 61,484,491 | 0.85 | 2002100.0 | |
| - | GDS HLDGS LTD | SPONSORED ADS | 36165L108 | 45,078,033 | 0.62 | 1501100.0 | |
| COIN | UNCHANGED | COINBASE GLOBAL INC | COM CL A | 19260Q107 | 38,503,376 | 0.53 | 263379.0 |
| CRCL | NEW | CIRCLE INTERNET GROUP INC | COM CL A | 172573107 | 35,529,999 | 0.49 | 567300.0 |
| SNAP | UNCHANGED | SNAP INC | CL A | 83304A106 | 32,356,056 | 0.45 | 7287400.0 |
| - | WHIRLPOOL CORP | COM | 963320106 | 26,107,866 | 0.36 | 662300.0 | |
| PURR | NEW | HYPERLIQUID STRATEGIES INC | COM | 44916Y106 | 21,398,530 | 0.3 | 2719000.0 |
| XPO | UNCHANGED | XPO INC | COM | 983793100 | 20,652,174 | 0.29 | 100600.0 |
| GEV | REDUCED | GE VERNOVA INC | COM | 36828A101 | 15,882,932 | 0.22 | 13519.0 |
| UNH | NEW | UNITEDHEALTH GROUP INC | COM | 91324P102 | 11,762,329 | 0.16 | 28300.0 |
| - | NEWAMSTERDAM PHARMA COMPANY | ORDINARY SHARES | N62509109 | 10,810,910 | 0.15 | 319000.0 | |
| TVRD | UNCHANGED | TVARDI THERAPEUTICS INC | COM | 140755307 | 1,337,824 | 0.02 | 704118.0 |
| AUR | UNCHANGED | AURORA INNOVATION INC | *W EXP 11/03/202 | 051774115 | 140,044 | 0.0 | 437500.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 7,224,088,306 | 40 | 14.08005 | 0.53719 | 24.697623 |
| 2026-03-31 | 2026-05-15 | 6,733,785,575 | 44 | 14.67654 | 0.544597 | 23.334661 |
| 2025-12-31 | 2026-02-17 | 7,414,402,748 | 51 | 15.272746 | 0.589285 | 24.071012 |
| 2025-09-30 | 2025-11-14 | 6,463,165,358 | 51 | 12.601302 | 0.437514 | 19.085742 |
| 2025-03-31 | 2025-05-15 | 5,536,957,585 | 50 | 12.009012 | 0.426993 | 19.785003 |
| 2024-12-31 | 2025-02-14 | 5,531,473,968 | 51 | 11.017031 | 0.38218 | 19.983238 |