Q3 2025 · 13F-HR
Slate Path Capital LPholdings as filed
Filed 2025-11-14 · accession 0001172661-25-004945
$6.46B
Reported value
51
Positions
2025-09-30
Period end
The Brief · Slate Path Capital LP · Q3 2025
AI · grounded in 13F
Slate Path Capital LP established a new position in HPE valued at $430.02M. The fund also initiated new stakes in U for $428.06M and UNP for $385.66M. Other new additions include EQT at $323.29M and SNDK at $302.23M. Total assets under management stand at $6.46B across 51 positions.
Holdings as filed
| CUSIP | Ticker | Issuer | Value | % port. | Shares | Class | Voting |
|---|---|---|---|---|---|---|---|
| 42824C109 | HPE | HEWLETT PACKARD ENTERPRISE C | $430.0M | 6.65% | 17,509,142 | Common | SOLE |
| 91332U101 | U | UNITY SOFTWARE INC | $428.1M | 6.62% | 10,690,852 | Common | SOLE |
| 907818108 | UNP | UNION PAC CORP | $385.7M | 5.97% | 1,631,600 | Common | SOLE |
| 26884L109 | EQT | EQT CORP | $323.3M | 5.00% | 5,939,588 | Common | SOLE |
| 80004C200 | SNDK | SANDISK CORP | $302.2M | 4.68% | 2,693,657 | Common | SOLE |
| H2927K103 | AMRZ | AMRIZE LTD | $297.1M | 4.60% | 6,122,319 | Common | SOLE |
| 77311W101 | RKT | ROCKET COS INC | $267.3M | 4.14% | 13,795,000 | Common | SOLE |
| 185899101 | CLF | CLEVELAND-CLIFFS INC NEW | $241.0M | 3.73% | 19,753,245 | Common | SOLE |
| 934423104 | WBD | WARNER BROS DISCOVERY INC | $230.5M | 3.57% | 11,804,700 | Common | SOLE |
| 670346105 | NUE | NUCOR CORP | $208.2M | 3.22% | 1,537,300 | Common | SOLE |
| 654902204 | NOK | NOKIA CORP | $177.4M | 2.75% | 36,887,202 | Common | SOLE |
| 04280A100 | ARWR | ARROWHEAD PHARMACEUTICALS IN | $171.8M | 2.66% | 4,982,000 | Common | SOLE |
| 165167735 | EXE | EXPAND ENERGY CORPORATION | $171.7M | 2.66% | 1,615,714 | Common | SOLE |
| 958102105 | WDC | WESTERN DIGITAL CORP | $170.0M | 2.63% | 1,416,237 | Common | SOLE |
| 881624209 | TEVA | TEVA PHARMACEUTICAL INDS LTD | $160.1M | 2.48% | 7,927,998 | Common | SOLE |
| G7997R103 | STX | SEAGATE TECHNOLOGY HLDNGS PL | $155.5M | 2.41% | 658,867 | Common | SOLE |
| 37637K108 | GTLB | GITLAB INC | $142.2M | 2.20% | 3,155,000 | Common | SOLE |
| 91680M107 | UPST | UPSTART HLDGS INC | $138.8M | 2.15% | 2,731,974 | Common | SOLE |
| 460146103 | IP | INTERNATIONAL PAPER CO | $130.7M | 2.02% | 2,817,750 | Common | SOLE |
| 697900108 | PAAS | PAN AMERN SILVER CORP | $123.7M | 1.91% | 3,194,800 | Common | SOLE |
| N00985106 | AER | AERCAP HOLDINGS NV | $123.6M | 1.91% | 1,021,644 | Common | SOLE |
| 02376R102 | AAL | AMERICAN AIRLS GROUP INC | $112.2M | 1.74% | 9,981,794 | Common | SOLE |
| 69932A204 | PSKY | PARAMOUNT SKYDANCE CORP | $112.1M | 1.73% | 5,925,693 | Common | SOLE |
| 910047109 | UAL | UNITED AIRLS HLDGS INC | $111.8M | 1.73% | 1,158,172 | Common | SOLE |
| 19260Q107 | COIN | COINBASE GLOBAL INC | $110.1M | 1.70% | 326,180 | Common | SOLE |
| 247361702 | DAL | DELTA AIR LINES INC DEL | $98.4M | 1.52% | 1,734,648 | Common | SOLE |
| 36828A101 | GEV | GE VERNOVA INC | $84.5M | 1.31% | 137,358 | Common | SOLE |
| 219350105 | GLW | CORNING INC | $84.0M | 1.30% | 1,024,200 | Common | SOLE |
| 06849F108 | B | BARRICK MNG CORP | $83.6M | 1.29% | 2,549,834 | Common | SOLE |
| 651639106 | NEM | NEWMONT CORP | $82.1M | 1.27% | 974,212 | Common | SOLE |
| 369604301 | GE | GE AEROSPACE | $77.2M | 1.20% | 256,792 | Common | SOLE |
| G3265R107 | APTV | APTIV PLC | $77.1M | 1.19% | 894,000 | Common | SOLE |
| G85158106 | STNE | STONECO LTD | $71.5M | 1.11% | 3,778,541 | Common | SOLE |
| 963320106 | WHR | WHIRLPOOL CORP | $65.2M | 1.01% | 830,000 | Common | SOLE |
| G39387108 | GFS | GLOBALFOUNDRIES INC | $63.4M | 0.98% | 1,769,100 | Common | SOLE |
| 260557103 | DOW | DOW INC | $56.5M | 0.87% | 2,465,500 | Common | SOLE |
| N53745100 | LYB | LYONDELLBASELL INDUSTRIES N | $55.3M | 0.85% | 1,126,800 | Common | SOLE |
| 83304A106 | SNAP | SNAP INC | $51.7M | 0.80% | 6,706,200 | Common | SOLE |
| 86771W105 | RUN | SUNRUN INC | $47.3M | 0.73% | 2,733,850 | Common | SOLE |
| 90138F102 | TWLO | TWILIO INC | $45.5M | 0.70% | 454,900 | Common | SOLE |
| G4253H101 | JHX | JAMES HARDIE INDS PLC | $43.8M | 0.68% | 2,281,066 | Common | SOLE |
| 91823B109 | UWMC | UWM HOLDINGS CORPORATION | $28.3M | 0.44% | 4,654,000 | Common | SOLE |
| 140755307 | TVRD | TVARDI THERAPEUTICS INC | $27.4M | 0.42% | 704,118 | Common | SOLE |
| 68989M202 | OUST | OUSTER INC | $22.4M | 0.35% | 829,000 | Common | SOLE |
| 82575P107 | SBSW | SIBANYE STILLWATER LTD | $21.6M | 0.33% | 1,919,000 | Common | SOLE |
| 650111107 | NYT | NEW YORK TIMES CO | $15.9M | 0.25% | 276,339 | Common | SOLE |
| 526057104 | LEN | LENNAR CORP | $15.6M | 0.24% | 124,102 | Common | SOLE |
| N62509109 | NAMS | NEWAMSTERDAM PHARMA COMPANY | $9.1M | 0.14% | 319,000 | Common | SOLE |
| G8267P108 | SW | SMURFIT WESTROCK PLC | $8.0M | 0.12% | 187,000 | Common | SOLE |
| 34385P108 | LAB | STANDARD BIOTOOLS INC | $2.1M | 0.03% | 1,615,000 | Common | SOLE |
| 051774115 | AUROW | AURORA INNOVATION INC | $253,750 | 0.00% | 437,500 | Common | SOLE |
Source: SEC EDGAR · raw 13F holdings as filed. The Class column shows the option type when reported (Put/Call) or Common when the issuer's equity is held directly. 13F discloses long positions only.