P Schoenfeld Asset Management LP In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), P Schoenfeld Asset Management LP reported 19 stock positions worth $239.3 million . Its top holding was Talen Energy (TLN) at 18.5% of the portfolio, followed by Juniper Networks (JNPR, 11.3% ) and Hashicorp Class A (HCP, 11.2% ). Compared with Q3 2024, it opened 8 new positions, sold out of 6, added to 4 and reduced 5. The biggest buy was a new position in Frontier Communications Pare (FYBR) and the biggest sale an exit from Axonics .
Location NEW YORK, NY
CIK 0001040198
Portfolio Value $239.3M (Q4 2024) Holdings 19 stocks · $239.3M Holdings quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock % Of Portfolio ▼ Shares Held Total Value Change vs Q3 2024 TLN Talen Energy Corp. 219,575 $44.2M Reduce -19.7% JNPR Juniper Networks Inc. 723,477 $27.1M Add +40.9% HCP Hashicorp Inc. Class A 780,317 $26.7M Reduce -23.8% FYBR Frontier Communications Pare 651,500 $22.6M New HES Hess Corp. 156,286 $20.8M No change IAG Iamgold Corp. 3,374,926 $17.4M Reduce -16.9% PARAA Paramount Global Class B 1,576,569 $16.5M Add +14.3% K Kellanova 186,700 $15.1M No change ALTM Arcadium Lithium PLC 2,165,000 $11.1M New DFS Discover Financial Services 60,341 $10.5M Add +347.0% ACI Albertsons Cos Inc. Class A 239,627 $4.7M New SMAR Smartsheet Inc. Class A 75,000 $4.2M Add +275.0% VISN Vistance Networks Inc. filed as COMMSCOPE HLDG CO INC 750,000 $3.9M New X United States Steel Corp. 110,000 $3.7M Reduce -76.4% TECK Teck Resources Ltd.-CLS B 81,667 $3.3M Reduce -45.4% OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC 1,000,000 $2.4M New IPG Interpublic Group of Cos Inc. 83,500 $2.3M New LBRDK Liberty Broadband-C 31,000 $2.3M New PENN Penn Entertainment Inc. 20,000 $396K New
Options reported separately and not counted above: CNX calls ($23.8M), TLN puts ($21.5M), X calls ($19.5M), VOD calls ($19.2M), JNPR puts ($13.1M), FYBR puts ($10.7M), PARAA puts ($9.4M), CPRI puts ($9.0M), X puts ($5.3M), GDX calls ($3.4M), CPRI calls ($2.3M), WULF puts ($1.6M), and 2 more.
Other holdings (4): bonds, preferreds, convertibles and warrants · $4.1M (not counted above) Security Class Shares / Principal Value Change SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) NOTE 0.250%12/0 · principal 6,530,000 $3.9M Add +2.2% USARW Inflection Point Acquis-C-28 *W EXP 08/31/202 399,370 $196K Reduce -20.7% BTMWQ Bitcoin Depot Inc.-CW23 *W EXP 06/30/202 507,375 $33K No change SDSTW Global Partner Acq A -CW27 *W EXP 06/21/202 24,766 $6K No change
Total filed on the 13F, all lines: $243.5M.
Portfolio Sells Q3 2024 → Q4 2024 Portfolio Sells quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▲ AXONICS INC Sold out 0.00% −10.58 NVEI Nuvei Corp.-Subordinate VTG Sold out 0.00% −7.00 X United States Steel Corp. Reduce -76.4% 1.56% −4.51 CPRI Capri Holdings Ltd. Sold out 0.00% −4.46 CHX Championx Corp. Sold out 0.00% −1.82 HCP Hashicorp Inc. Class A Reduce -23.8% 11.15% −1.62 TECK Teck Resources Ltd.-CLS B Reduce -45.4% 1.38% −1.50 RCM R1 RCM Inc. Sold out 0.00% −1.04 IAG Iamgold Corp. Reduce -16.9% 7.28% −0.54 NFE New Fortress Energy Inc. Sold out 0.00% −0.33 TLN Talen Energy Corp. Reduce -19.7% 18.48% +0.52
Portfolio Buys Q3 2024 → Q4 2024 Portfolio Buys quarter Q2 2026 Q1 2026 Q4 2025 Q3 2025 Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024
Stock Change vs Q3 2024 % Of Portfolio Change To Portfolio ▼ FYBR Frontier Communications Pare New 9.45% +9.45 ALTM Arcadium Lithium PLC New 4.64% +4.64 JNPR Juniper Networks Inc. Add +40.9% 11.32% +3.95 DFS Discover Financial Services Add +347.0% 4.37% +3.67 ACI Albertsons Cos Inc. Class A New 1.97% +1.97 VISN Vistance Networks Inc. New 1.63% +1.63 PARAA Paramount Global Class B Add +14.3% 6.89% +1.49 SMAR Smartsheet Inc. Class A Add +275.0% 1.76% +1.35 OPTU Optimum Communications Inc. Class A New 1.01% +1.01 IPG Interpublic Group of Cos Inc. New 0.98% +0.98 LBRDK Liberty Broadband-C New 0.97% +0.97 PENN Penn Entertainment Inc. New 0.17% +0.17
Options Activity Q3 2024 → Q4 2024 Security Type Change vs Q3 2024 Underlying Shares Value ▼ CNX CNX Resources Corp. call New 650,000 $23.8M TLN Talen Energy Corp. put New 106,500 $21.5M X United States Steel Corp. call Add +999.6% 575,100 $19.5M VOD Vodafone Group PLC-SP ADR call Reduce -14.8% 2,267,100 $19.2M JNPR Juniper Networks Inc. put New 350,000 $13.1M CNK Cinemark Holdings Inc. put Sold out 425,000 $11.8Mbefore exit FYBR Frontier Communications Pare put New 308,200 $10.7M PARAA Paramount Global Class B put Add +22.5% 897,900 $9.4M CPRI Capri Holdings Ltd. put Reduce -4.0% 427,300 $9.0M GLNG Golar LNG Ltd. call Sold out 200,000 $7.4Mbefore exit INTC Intel Corp. call Sold out 300,000 $7.0Mbefore exit X United States Steel Corp. put Reduce -78.1% 154,500 $5.3M GDX Vaneck Gold Miners ETF call New 100,000 $3.4M VST Vistra Corp. call Sold out 25,000 $3.0Mbefore exit CPRI Capri Holdings Ltd. call Reduce -54.3% 110,700 $2.3M WULF Terawulf Inc. put Reduce -87.1% 275,000 $1.6M PARAA Paramount Global Class B call Sold out 100,000 $1.1Mbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
Notes & Other Activity Q3 2024 → Q4 2024 Security Class Change vs Q3 2024 Shares / Principal Value ▼ SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26) NOTE 0.250%12/0 · principal Add +2.2% 6,530,000 $3.9M USARW Inflection Point Acquis-C-28 *W EXP 08/31/202 Reduce -20.7% 399,370 $196K ATEKW Athena Technology Acq -CW23 *W EXP 10/17/202 Sold out 352,896 $12Kbefore exit NSTB.WS Northern Star Inv Class A -CW28 *W EXP 01/31/202 Sold out 61,942 $0before exit
Bonds, preferreds, convertibles and warrants; not part of the stock holdings or percentages above.
All Filings Quarter Positions 13F Reported Value Top Holdings Q2 2026 23 $166.8M WBD, GSAT, WULF, EA, VSAT Q1 2026 24 $125.8M WBD, WULF, CORZ, JHG, LBRDK Q4 2025 31 $203.8M CYBR, NSC, FYBR, CORZ, TLN Q3 2025 24 $351.8M TLN, K, WULF, IAG, FYBR Q2 2025 18 $311.8M TLN, K, JNPR, IAG, FYBR Q1 2025 16 $256.9M BECN, TLN, FYBR, HES, JNPR Q4 2024 19 $239.3M TLN, JNPR, HCP, FYBR, HES Q3 2024 17 $271.4M TLN, HCP, AXONICS INC, IAG, HES Q2 2024 22 $224.0M CERE, AXONICS INC, IAG, HES, HCP Q1 2024 21 $217.1M CERE, PXD, X, CPRI, JNPR