13F Insight
DOSSIER · 13F-HR · Q2 2026

Slate Path Capital LP

$7.2B in tracked AUM across 40 positions as of Q2 2026.

SP
CIK 0001559706 · last filed Jun 30, 2026
Total AUM
$7.2B
as of Q2 2026
Holdings
40
—
positions
Whale Score
73
73
strong
Activity
—
no data
changes this Q
AI Analysis · Q2 2026
Comprehensive Analysis of Slate Path Capital LP 13F Filing (Q3 2025)
1. Portfolio Overview

Slate Path Capital LP has undergone a significant portfolio restructuring during the quarter ending September 30, 2025. The firm reduced its total portfolio value by 34.0%, dropping from $5.80 billion to $3.83 billion. This substantial decrease in Assets Under Management (AUM) is driven not merely by market performance but by a dramatic shift in asset allocation, evidenced by the liquidation of 27 po...

The portfolio is highly concentrated, currently holding only 30 securities. This indicates a high-conviction strategy where capital is deployed into specific "best ideas" rather than broad diversification. The top 10 holdings account for approximately 68% of the total portfolio value, suggesting a willingness to take idiosyncratic risk in exchange for potential alpha. The turnover rate for the quarter was exceptionally high, signaling a pivot in the firm's investment thesis or risk management approach.

2. Key Holdings

The portfolio is anchored by a few large, concentrated positions in the technology and industrial sectors.

Analysis generated by 13F Insight from SEC Form 13F filing data · Q2 2026. Methodology

Quarter at a glance — Q2 2026

Position-change comparison pending.

No quarter-over-quarter changes available.

Top 10 holdings

By portfolio weight as of Q2 2026.

#HoldingValueSharesWeight
01
UNP
UNION PAC CORP
$626M2.3M8.7%02
U
UNITY SOFTWARE INC
$459M16.1M6.4%03
UAL
UNITED AIRLS HLDGS INC
$452M3.3M6.3%04
HUM
HUMANA INC
$429M1.1M5.9%05
STM
STMICROELECTRONICS N V
$392M5.2M5.4%06
RIVN
RIVIAN AUTOMOTIVE INC
$381M22.0M5.3%07
HPE
HEWLETT PACKARD ENTERPRISE C
$351M7.8M4.9%08
FDXF
FEDEX FGHT HLDG CO INC
$339M2.2M4.7%09
DAL
DELTA AIR LINES INC
$282M3.0M3.9%10
NUE
NUCOR CORP
$280M1.3M3.9%

Filing history

2026Q2Jun 30
$7.2B▲ 7.3%
40 positionsView →2026Q1Mar 31
$6.7B▼ 9.2%
44 positionsView →2025Q4Dec 31
$7.4B▲ 93.6%
51 positionsView →2025Q3Sep 30
$3.8B▼ 34.0%
30 positionsView →2025Q2Jun 30
$5.8B▲ 4.8%
43 positionsLocked2025Q1Mar 31
$5.5B▲ 0.1%
50 positionsLocked2024Q4Dec 31
$5.5B▼ 14.8%
51 positionsLocked2024Q3Sep 30
$6.5B▲ 23.6%
68 positionsLocked2024Q2Jun 30
$5.3B▲ 4.1%
62 positionsLocked2024Q1Mar 31
$5.0B▲ 12.0%
62 positionsLocked2023Q4Dec 31
$4.5B▲ 25.6%
59 positionsLocked2023Q3Sep 30
$3.6B▲ 31.2%
50 positionsLocked
Showing 12 of 52