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PointState Capital LP

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13F filer, CIK 1509842, New York, NY

PointState Capital LP reported $6,900,259,200 across 47 holdings for the quarter ended 2025-03-31, in a 13F-HR filed 2025-05-15. Its ten largest share positions make up 49.97% of the portfolio.

Filed (acceptance time not in the bulk data set), ingested 13F-HR 0000950123-25-005699

Period
2025-03-31
Reported value
$6.9B
Holdings
47
Top 10 weight
49.97%
New
17
Sold out
20

Part of the filer group PointState Capital LP

How groups are built

Largest buys vs the previous quarter

SecurityShares changeApprox. value
GLWnew+5,551,358$254M
PCGnew+13,754,481$236M
LITEnew+3,424,813$214M
NVTnew+3,277,769$172M
SREnew+2,163,241$154M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Largest sells vs the previous quarter

SecurityShares changeApprox. value
CRHreduced-2,184,135-$192M
ULTAexited-368,438-$160M
DASHexited-596,985-$100M
EXPEreduced-571,215-$96M
COHRreduced-1,390,877-$90.3M

Ranked by the share change valued at this quarter's implied price (value over shares in the 13F). A position sold out is valued at the previous quarter's price, its last report.

Holdings, Q1 2025

Share positions as resolved from 13F-HR 0000950123-25-005699, largest first. % of portfolio is the value over $4,572,597,523, the sum of the share positions whose value is usable for ratios (method).

SecurityHistorySharesValue% of portfolioChangeLatest eventTimeline
WCCWESCO INTL INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,342,986 shares; 2024Q4: 1,609,248 shares; 2025Q1: 1,758,611 shares 1,758,611$273M5.97%+149,363Timeline
GLWCORNING INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 5,551,358 shares 5,551,358$254M5.56%newTimeline
SCHWCHARLES SCHWAB CORP (THE)Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 3,206,059 shares; 2025Q1: 3,060,536 shares 3,060,536$240M5.24%-145,523Timeline
PCGPG&E CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 13,754,481 shares 13,754,481$236M5.17%newTimeline
TEVATEVA PHARMACEUTICAL INDS LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 9,758,344 shares; 2024Q4: 13,526,475 shares; 2025Q1: 15,131,488 shares 15,131,488$233M5.09%+1,605,013Timeline
CPNGCOUPANG INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 12,741,339 shares; 2024Q4: 10,103,498 shares; 2025Q1: 9,845,936 shares 9,845,936$216M4.72%-257,562Timeline
LITELUMENTUM HLDGS INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 3,424,813 shares 3,424,813$214M4.67%newTimeline
CRHCRH PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,579,200 shares; 2024Q4: 4,579,200 shares; 2025Q1: 2,395,065 shares 2,395,065$211M4.61%-2,184,135Timeline
COFCAPITAL ONE FINL CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 785,088 shares; 2025Q1: 1,166,755 shares 1,166,755$209M4.58%+381,667Timeline
ILMNILLUMINA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 302,281 shares; 2024Q4: 1,611,395 shares; 2025Q1: 2,516,827 shares 2,516,827$200M4.37%+905,432Timeline
NVTNVENT ELEC PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 3,277,769 shares 3,277,769$172M3.76%newTimeline
GRABGRAB HOLDINGS LIMITEDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 6,971,499 shares; 2024Q4: 23,344,305 shares; 2025Q1: 35,148,819 shares 35,148,819$159M3.48%+11,804,514Timeline
SRESEMPRAQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 2,163,241 shares 2,163,241$154M3.38%newTimeline
FLUTFLUTTER ENTMT PLCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 717,596 shares; 2024Q4: 805,201 shares; 2025Q1: 544,704 shares 544,704$121M2.64%-260,497Timeline
CEGCONSTELLATION ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 576,296 shares 576,296$116M2.54%newTimeline
NTRANATERA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 782,538 shares; 2024Q4: 569,252 shares; 2025Q1: 755,729 shares 755,729$107M2.34%+186,477Timeline
BACBANK OF AMER CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,454,233 shares; 2024Q4: 4,278,353 shares; 2025Q1: 2,521,116 shares 2,521,116$105M2.3%-1,757,237Timeline
ARMKARAMARKQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,142,825 shares; 2024Q4: 2,690,617 shares; 2025Q1: 2,956,147 shares 2,956,147$102M2.23%+265,530Timeline
NVDANVIDIA CORPORATIONQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 917,416 shares 917,416$99.4M2.17%newTimeline
MSFTMICROSOFT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 346,688 shares; 2024Q4: 351,997 shares; 2025Q1: 261,139 shares 261,139$98M2.14%-90,858Timeline
KKRKKR & CO INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 907,398 shares; 2024Q4: 722,564 shares; 2025Q1: 839,051 shares 839,051$97M2.12%+116,487Timeline
EXPEEXPEDIA GROUP INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,033,960 shares; 2024Q4: 1,107,513 shares; 2025Q1: 536,298 shares 536,298$90.2M1.97%-571,215Timeline
APOAPOLLO GLOBAL MGMT INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,180,399 shares; 2024Q4: 282,690 shares; 2025Q1: 614,953 shares 614,953$84.2M1.84%+332,263Timeline
GGALGRUPO FINANCIERO GALICIA S.AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 504,169 shares; 2024Q4: 577,337 shares; 2025Q1: 1,504,157 shares 1,504,157$81.9M1.79%+926,820Timeline
RBRKRUBRIK INC.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,258,656 shares; 2024Q4: 1,523,808 shares; 2025Q1: 1,330,301 shares 1,330,301$81.1M1.77%-193,507Timeline
OKTAOKTA INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 742,197 shares 742,197$78.1M1.71%newTimeline
TLNTALEN ENERGY CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 376,362 shares 376,362$75.1M1.64%newTimeline
GLNGGOLAR LNG LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: 2,200,555 shares; 2025Q1: 1,858,075 shares 1,858,075$70.6M1.54%-342,480Timeline
AMZNAMAZON COM INCQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 281,938 shares; 2024Q4: not reported; 2025Q1: 369,363 shares 369,363$70.3M1.54%newTimeline
BBARBANCO BBVA ARGENTINA S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 1,664,893 shares; 2024Q4: 2,458,304 shares; 2025Q1: 3,346,539 shares 3,346,539$60.6M1.33%+888,235Timeline
VSTVISTRA CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 335,948 shares; 2024Q4: 929,533 shares; 2025Q1: 415,201 shares 415,201$48.8M1.07%-514,332Timeline
COHRCOHERENT CORPQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 2,949,175 shares; 2024Q4: 2,041,367 shares; 2025Q1: 650,490 shares 650,490$42.2M0.92%-1,390,877Timeline
SUPVGRUPO SUPERVIELLE S.A.Quarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 473,337 shares; 2024Q4: 1,896,720 shares; 2025Q1: 2,467,243 shares 2,467,243$32.2M0.7%+570,523Timeline
ROIVROIVANT SCIENCES LTDQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 4,107,852 shares; 2024Q4: 3,297,449 shares; 2025Q1: 2,715,123 shares 2,715,123$27.4M0.6%-582,326Timeline
WFCWELLS FARGO & COQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 294,085 shares 294,085$21.1M0.46%newTimeline
BMABANCO MACRO S AQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 270,924 shares; 2024Q4: 339,020 shares; 2025Q1: 251,391 shares 251,391$19M0.42%-87,629Timeline
ALVOALVOTECHQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: 756,553 shares; 2024Q4: 1,241,379 shares; 2025Q1: 1,174,339 shares 1,174,339$11.4M0.25%-67,040Timeline
CYBERARK SOFTWARE LTD/ISRAELCYBERARK SOFTWARE LTD/ISRAELQuarterly shares; oldest to newest; scale is this security's eight-quarter maximum; 2023Q2: restricted; 2023Q3: restricted; 2023Q4: restricted; 2024Q1: restricted; 2024Q2: restricted; 2024Q3: not reported; 2024Q4: not reported; 2025Q1: 28,947 shares 28,947$9.78M0.21%new

Options

Puts and calls, as filed. The amount and value describe the underlying shares, not the option premium, so they stay out of % of portfolio (H5).

SecurityTypeAmountValueChange
SPYSTATE STR SPDR S&P 500 ETF T SHSput2,950,000$1.65B+2,280,000
RSPINVESCO EXCHANGE TRADED FD T COMput1,200,000$208Mnew
GLWCORNING INC COMcall4,200,000$192Mnew
IWMISHARES TR SHSput600,000$120Mnew
TEVATEVA PHARMACEUTICAL INDS LTD ADRcall3,672,100$56.4M+1,172,100
EXPEEXPEDIA GROUP INC Stockcall250,000$42M-400,000
NVTNVENT ELEC PLC Stockcall750,000$39.3Mnew
ILMNILLUMINA INC COMcall250,000$19.8M0

Principal amounts

Notes and convertibles filed as a face amount (PRN). A face amount is never added to a share count (H6).

SecurityTypeAmountValueChange
PG&E CORPPG&E CORP NOTE 4.250%12/0principal50,000,000$53Mnew

Sold out in Q1 2025

Positions in the previous quarter's report that this quarter's report no longer lists.

SecurityShares beforeValue beforeType
ULTAULTA BEAUTY INC460,000$200Mcall
MSFTMICROSOFT CORP400,000$169Mcall
ULTAULTA BEAUTY INC368,438$160Mshares
DASHDOORDASH INC596,985$100Mshares
HUBBHUBBELL INC187,263$78.4Mshares
MRVLMARVELL TECHNOLOGY INC692,302$76.5Mshares
FERGFERGUSON ENTERPRISES INC435,794$75.6Mshares
ALVAUTOLIV INC799,061$74.9Mshares
CRHCRH PLC500,000$46.3Mcall
GLNGGOLAR LNG LTD1,000,000$42.3Mcall
UBERUBER TECHNOLOGIES INC493,827$29.8Mshares
SLVISHARES SILVER TR1,000,000$26.3Mcall
HCCWARRIOR MET COAL INC211,707$11.5Mshares
MR COOPER GROUP INCMR COOPER GROUP INC101,948$9.79Mshares
CCJCAMECO CORP174,360$8.96Mshares
BRIDGEBIO PHARMA INCBRIDGEBIO PHARMA INC10,000,000$8.56Mprincipal
BHCBAUSCH HEALTH COS INC795,390$6.41Mshares
LLYVKLIBERTY MEDIA CORP DEL81,114$5.52Mshares
TXTERNIUM SA141,403$4.11Mshares
LLYVALIBERTY MEDIA CORP37,820$2.52Mshares

How Q1 2025 was built

Available 13F filings of this filer for the quarter and their roles: the base report is the latest original or restatement, NEW HOLDINGS amendments filed after it are added (method).

FilingRoleAmendmentFiledAcceptedIngested
13F-HR 0000950123-25-005699 base2025-05-15acceptance time not in the bulk data set