Castle Hook Partners LP

In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 13, 2024), Castle Hook Partners LP reported 53 stock positions worth $2.8 billion. Its top holding was Vistra (VST) at 9.5% of the portfolio, followed by Freeport-McMoran (FCX, 9.5%) and Bank of America (BAC, 7.8%). Compared with Q4 2023, it opened 23 new positions, sold out of 14, added to 18 and reduced 10. The biggest buy was Freeport-McMoran (FCX, shares +7193%) and the biggest sale Amazon.com (AMZN, shares −75%).

Most Recent 13F
Q2 2026
Location
NEW YORK, NY
CIK
0001687241
Portfolio Value
$2.8B (Q1 2024)
SEC Filing
0000902664-24-003521 ↗ filed May 13, 2024

Holdings Value

0$2.0B$4.0B$6.0B$8.0B$10.0B Q1 2024: $2.8B $2.8B Q1 2024 Q2 2024: $2.9B Q2 2024 Q3 2024: $3.3B Q3 2024 Q4 2024: $4.7B Q4 2024 Q1 2025: $3.8B Q1 2025 Q2 2025: $6.8B Q2 2025 Q3 2025: $6.6B Q3 2025 Q4 2025: $7.0B Q4 2025 Q1 2026: $4.9B Q1 2026 Q2 2026: $9.3B Q2 2026

Holdings 53 stocks · $2.8B
VST Vistra Corp. 9.49% 3,769,842 $262.6M Add +470.0%
FCX Freeport-McMoran Inc. 9.49% 5,583,082 $262.5M Add +7193.4%
BAC Bank of America Corp. filed as BANK AMERICA CORP 7.75% 5,655,282 $214.4M Add +53.4%
XBI SS SPDR S&P Biotech ETF 5.76% 1,678,576 $159.3M Reduce -7.1%
KMI Kinder Morgan Inc. 5.17% 7,799,826 $143.0M Add +108.2%
VRT Vertiv Holdings Co. Class A 4.92% 1,665,080 $136.0M New
CEG Constellation Energy 3.65% 546,157 $101.0M New
DHR Danaher Corp. 3.58% 396,097 $98.9M New
AER Aercap Holdings NV 3.40% 1,082,295 $94.1M New
TECK Teck Resources Ltd.-CLS B 3.29% 1,987,323 $91.0M New
CLF Cleveland-Cliffs Inc. 2.77% 3,374,716 $76.7M Add +13.8%
SPG Simon Property Group Inc. 2.72% 480,692 $75.2M Add +182.0%
ALL Allstate Corp. 2.38% 381,213 $66.0M Add +45.1%
MCK McKesson Corp. 2.31% 118,793 $63.8M New
MSFT Microsoft Corp. 2.21% 145,424 $61.2M Reduce -46.5%
SPOT Spotify Technology SA 2.20% 230,654 $60.9M New
WMB Williams Cos Inc. 2.07% 1,468,308 $57.2M New
PLD Prologis Inc. 2.06% 436,671 $56.9M New
AMZN Amazon.com Inc. 2.01% 308,882 $55.7M Reduce -75.0%
URA Global X Uranium ETF 1.91% 1,833,519 $52.9M Add +76.0%
AVTR Avantor Inc. 1.83% 1,976,348 $50.5M Add +82.3%
CTLT Catalent Inc. 1.70% 831,437 $46.9M Reduce -19.0%
EQT Eqt Corp. 1.52% 1,131,771 $42.0M Add +331.7%
NVDA Nvidia Corp. 1.50% 45,954 $41.5M Reduce -80.0%
MA Mastercard Inc. Class A 1.33% 76,244 $36.7M New
AR Antero Resources Corp. 1.29% 1,226,758 $35.6M Add +160.3%
LPLA LPL Financial Holdings Inc. 1.26% 131,637 $34.8M New
DKNG Draftkings Inc. Class A 1.19% 723,078 $32.8M New
CRBG Corebridge Financial Inc. 1.03% 995,418 $28.6M Add +148.8%
VNO Vornado Realty Trust 0.96% 926,962 $26.7M Add +66.9%
KRE SS SPDR S&P Regional Bank 0.92% 503,321 $25.3M Reduce -78.8%
COHR Coherent Corp. 0.88% 401,316 $24.3M New
EXE Expand Energy Corp. filed as CHESAPEAKE ENERGY CORP 0.85% 263,703 $23.4M Add +78.3%
SHOP Shopify Inc. Class A 0.82% 295,544 $22.8M New
OPCH Option Care Health Inc. 0.75% 616,665 $20.7M Reduce -47.6%
CENX Century Aluminum Company 0.54% 976,894 $15.0M Add +1147.0%
GTLB Gitlab Inc. Class A 0.54% 257,599 $15.0M New
NTRA Natera Inc. 0.52% 158,512 $14.5M New
O Realty Income Corp. 0.47% 242,656 $13.1M New
AAL American Airlines Group Inc. 0.20% 366,536 $5.6M New
BUD Anheuser-Busch Inbev-SPN ADR 0.16% 75,000 $4.6M New
CCJ Cameco Corp. 0.09% 56,942 $2.5M Add +1.9%
CBRE CBRE Group Inc. Class A 0.08% 21,763 $2.1M New
VMRK Vivmark Residential filed as EQUITY RESIDENTIAL 0.07% 32,113 $2.0M New
SKT Tanger Inc. 0.07% 65,633 $1.9M Add +135.1%
CTRE Caretrust REIT Inc. 0.06% 69,767 $1.7M No change
CZR Caesars Entertainment Inc. 0.05% 31,638 $1.4M Add +121.7%
SUI Sun Communities Inc. filed as SUN CMNTYS INC 0.05% 10,749 $1.4M No change
SLG SL Green Realty Corp. 0.03% 14,169 $781K Reduce -73.2%
DHI D.R. Horton Inc. 0.03% 4,729 $778K Reduce -58.6%
PCG P G & E Corp. 0.02% 39,195 $657K Reduce -77.0%
H Hyatt Hotels Corp. Class A 0.02% 3,124 $499K New
PGY Pagaya Technologies Ltd. Class A 0.01% 18,580 $188K New

Options reported separately and not counted above: SPY puts ($523.1M), AIG calls ($156.3M), FCX calls ($117.5M).

Portfolio Sells Q4 2023 → Q1 2024
AMZN Amazon.com Inc. Reduce -75.0% 2.01% −9.72
KRE SS SPDR S&P Regional Bank Reduce -78.8% 0.92% −6.87
META Meta Platforms Inc. Class A Sold out 0.00% −5.99
NVDA Nvidia Corp. Reduce -80.0% 1.50% −5.59
XBI SS SPDR S&P Biotech ETF Reduce -7.1% 5.76% −4.31
MSFT Microsoft Corp. Reduce -46.5% 2.21% −4.17
UNP Union Pacific Corp. Sold out 0.00% −3.51
XYZ Block Inc. Sold out 0.00% −3.34
EQIX Equinix Inc. Sold out 0.00% −2.66
INTC Intel Corp. Sold out 0.00% −1.84
HUM Humana Inc. Sold out 0.00% −1.82
OPCH Option Care Health Inc. Reduce -47.6% 0.75% −1.73
NFLX Netflix Inc. Sold out 0.00% −1.55
V Visa Inc. Class A Sold out 0.00% −1.19
CTLT Catalent Inc. Reduce -19.0% 1.70% −1.18
PCG P G & E Corp. Reduce -77.0% 0.02% −0.17
LPX Louisiana-Pacific Corp. Sold out 0.00% −0.14
BP BP PLC-Spons ADR Sold out 0.00% −0.14
SLG SL Green Realty Corp. Reduce -73.2% 0.03% −0.12
FDX FedEx Corp. Sold out 0.00% −0.10
REXR Rexford Industrial Realty Inc. Sold out 0.00% −0.09
DHI D.R. Horton Inc. Reduce -58.6% 0.03% −0.08
UE Urban Edge Properties Sold out 0.00% −0.07
NUE Nucor Corp. Sold out 0.00% −0.07

Portfolio Buys Q4 2023 → Q1 2024
FCX Freeport-McMoran Inc. Add +7193.4% 9.49% +9.29
VST Vistra Corp. Add +470.0% 9.49% +7.90
VRT Vertiv Holdings Co. Class A New 4.92% +4.92
CEG Constellation Energy New 3.65% +3.65
DHR Danaher Corp. New 3.58% +3.58
AER Aercap Holdings NV New 3.40% +3.40
TECK Teck Resources Ltd.-CLS B New 3.29% +3.29
MCK McKesson Corp. New 2.31% +2.31
SPOT Spotify Technology SA New 2.20% +2.20
WMB Williams Cos Inc. New 2.07% +2.07
PLD Prologis Inc. New 2.06% +2.06
MA Mastercard Inc. Class A New 1.33% +1.33
LPLA LPL Financial Holdings Inc. New 1.26% +1.26
SPG Simon Property Group Inc. Add +182.0% 2.72% +1.20
DKNG Draftkings Inc. Class A New 1.19% +1.19
KMI Kinder Morgan Inc. Add +108.2% 5.17% +1.05
EQT Eqt Corp. Add +331.7% 1.52% +0.88
COHR Coherent Corp. New 0.88% +0.88
SHOP Shopify Inc. Class A New 0.82% +0.82
AR Antero Resources Corp. Add +160.3% 1.29% +0.62
GTLB Gitlab Inc. Class A New 0.54% +0.54
NTRA Natera Inc. New 0.52% +0.52
CRBG Corebridge Financial Inc. Add +148.8% 1.03% +0.49
CENX Century Aluminum Company Add +1147.0% 0.54% +0.48
O Realty Income Corp. New 0.47% +0.47
AVTR Avantor Inc. Add +82.3% 1.83% +0.28
AAL American Airlines Group Inc. New 0.20% +0.20
BUD Anheuser-Busch Inbev-SPN ADR New 0.16% +0.16
EXE Expand Energy Corp. Add +78.3% 0.85% +0.14
URA Global X Uranium ETF Add +76.0% 1.91% +0.11
ALL Allstate Corp. Add +45.1% 2.38% +0.09
CBRE CBRE Group Inc. Class A New 0.08% +0.08
VMRK Vivmark Residential New 0.07% +0.07
SKT Tanger Inc. Add +135.1% 0.07% +0.02
H Hyatt Hotels Corp. Class A New 0.02% +0.02
CZR Caesars Entertainment Inc. Add +121.7% 0.05% +0.01
PGY Pagaya Technologies Ltd. Class A New 0.01% +0.01
BAC Bank of America Corp. Add +53.4% 7.75% +0.01
VNO Vornado Realty Trust Add +66.9% 0.96% −0.02
CCJ Cameco Corp. Add +1.9% 0.09% −0.06
CLF Cleveland-Cliffs Inc. Add +13.8% 2.77% −1.00

Options Activity Q4 2023 → Q1 2024
SPY SS SPDR S&P 500 ETF Trust-US call Sold out 11,121,000 $5.3Bbefore exit
QQQ Invesco QQQ Trust Series 1 call Sold out 1,500,000 $614.3Mbefore exit
AIG American International Group call New 2,000,000 $156.3M
FCX Freeport-McMoran Inc. call New 2,500,000 $117.5M

Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 66$9.3BNTRA, WDC, LLY, SNDK, STX
Q1 2026 44$4.9BNTRA, FIX, EQIX, RTX, WMT
Q4 2025 54$7.0BC, NTRA, LLY, SHOP, CVNA
Q3 2025 58$6.6BVST, C, CVNA, APP, TLN
Q2 2025 63$6.8BVST, C, EQT, CVNA, WMB
Q1 2025 34$3.8BEQT, LLY, WMB, NTRA, SE
Q4 2024 43$4.7BUAL, VST, DAL, WMB, AMZN
Q3 2024 35$3.3BVST, CEG, GEV, UAL, TSLA
Q2 2024 46$2.9BAAPL, KMI, VST, CEG, AER
Q1 2024 53$2.8BVST, FCX, BAC, XBI, KMI