Slate Path Capital LP
SEC Form 13F institutional filer · CIK 0001559706
13F-HR · 18 reported holdings · 2026-03-31
Hedge fund manager.
Reported long-US-equity value
$4.03B
Top-10 concentration
84.7%
Slate Path Capital LP — $4.03B AUM allocation strategy
Slate Path Capital LP files SEC Form 13F and reports $4.03B of long US equity value across 18 reported holdings for 2026-03-31.
Its largest sector bet is Information Technology 52.9%, followed by Industrials 19.0% and Materials 16.8%.
The top 10 holdings account for 85% of reported value — a conviction-weighted book concentrated in its best ideas. The sector and industry splits below are of the same reported value. Track quarter-over-quarter adds, trims, new positions and exits below — sourced from SEC 13F filings, public domain.
Slate Path Capital LP — latest SEC 13F insights
Reported long-US-equity value (13F AUM)
$4.03B
total across 18 reported holdings · 2026-03-31 · excludes shorts, cash, non-US
Top-10 concentration
85% of value
higher = narrower conviction; lower = spread / hedging
Biggest adds (shares)
+$PSKY +2.42M sh · −$485K+$AMAT +2.15M sh · +$70.2M+$UAL +1.22M sh · +$75.3M
Biggest trims (shares)
−$ON −2.68M sh · −$84.6M−$EQT −2.39M sh · −$88.9M−$FCX −1.69M sh · −$57.9M
Exited to nil (held last quarter, gone now)
$GLW ($76.3M last qtr)$NKE ($70.5M last qtr)$APTV ($68.2M last qtr)$WDC ($55.3M last qtr)$FISV ($48.9M last qtr)
Sector allocation (share of reported value)
each slice is a share of the reported long-US-equity value — smaller sectors and the rest of the book roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Industry allocation (share of reported value)
- Semiconductors24.9%—
- Semiconductor Materials & Equipment14.3%—
- Technology Hardware, Storage & Peripherals13.8%—
- Passenger Airlines12.0%—
- Steel8.6%—
- Oil & Gas Exploration & Production6.5%—
- Copper5.1%—
- Rail Transportation4.4%—
- Other holdings10.4%—
the finer GICS cut of the same book — same denominator — smaller industries roll into “Other holdings”
Qtr shift = share-point change vs the prior quarter's filing — first period tracked for this filer; the column fills in with the next quarterly refresh.
Top S&P 500 holdings
10 of 10 rows · sorted by Value ↓
| Ticker | Holding | Shares | Value | Δ QoQ | Weight |
|---|---|---|---|---|---|
| $HPE | Hewlett Packard Enterprise Company | 23.3M | $554M | -1.14M | 13.8% |
| $TXN | Texas Instruments Incorporated | 2.67M | $518M | — | 12.9% |
| $ON | ON Semiconductor Corporation | 7.8M | $483M | -2.68M | 12.0% |
| $NUE | Nucor Corporation | 2.04M | $345M | +377K | 8.6% |
| $AMAT | Applied Materials Inc | 35.8M | $288M | +2.15M | 7.2% |
| $Q | Qnity Electronics Inc | 2.49M | $287M | +573K | 7.1% |
| $UAL | United Airlines Holdings Inc | 3.11M | $287M | +1.22M | 7.1% |
| $EQT | EQT Corporation | 3.89M | $247M | -2.39M | 6.1% |
| $FCX | Freeport-McMoRan Inc | 3.47M | $204M | -1.69M | 5.1% |
| $DAL | Delta Air Lines Inc | 2.97M | $197M | +39.5K | 4.9% |
…and 8 more holdings in the full 13F filing (top positions only shown).
SEC Form 13F data sets · public domain · 45-day filing lag · >$100M AUM managers · as reported
← All 13F filers·← QuantOrb.pro
How to read Δ QoQ — the five insight categories, and the caveats
The categories. Analysts, quants and retail traders look past total portfolio value to isolate actionable signals. Five categories matter.
Conviction & concentration shifts
New positions vs complete exits — a brand-new stock signals high conviction; a full liquidation suggests a broken thesis or tax-loss harvesting. Aggressive sizing — look at share count, not dollars: a 20% share increase during a drawdown is strong dip-buying. Concentration — a narrowing top-5/10 means conviction; spreading capital across more names means hedging.
Sector & macro allocation rotations
Aggregating Δ QoQ moves across sectors shows where smart money is leaning in or sneaking out — rotating out of growth into defensives or energy, for example. The fund's total long equity exposure quarter-over-quarter is a proxy for overall institutional risk appetite.
Crowding & smart-money consensus
When several managers initiate or expand the same stock in the same quarter, that is institutional consensus. Contrarian reads: top pickers buying hard into a beaten-down name the market is selling.
Derivative & option overlays
Reported call/put changes indicate whether managers are adding downside hedges or leveraging upside exposure. Note: a long increase may be half of a market-neutral pair trade.
Who reads this
| Retail "cloners" | High-conviction ideas to replicate ~45 days after quarter-end. |
| Corporate IR | Which funds bought or dumped the stock, before the next call. |
| Quant / algo traders | Cross-sectional factor inputs: flow, momentum, ownership. |
Four caveats before you trade on it
- 45-day lag — holdings are quarter-end; positions may already be closed.
- Long-only — 13Fs miss shorts, pair trades and cash.
- No non-US / fixed income — the picture is US equities plus options.
- Corporate actions — splits and spinoffs distort raw share deltas.
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