P Schoenfeld Asset Management LP

Name: P SCHOENFELD ASSET MANAGEMENT LP 13F holdings, Q2 2025
Creator: P SCHOENFELD ASSET MANAGEMENT LP
Published: 2025-08-14

Q2 2026Q1 2026Q4 2025Q3 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 14, 2025), P Schoenfeld Asset Management LP reported 18 stock positions worth $311.8 million. Its top holding was Talen Energy (TLN) at 15.8% of the portfolio, followed by Kellanova (K, 13.0%) and Juniper Networks (JNPR, 11.6%). Compared with Q1 2025, it opened 7 new positions, sold out of 5, added to 6 and reduced 2. The biggest buy was a new position in Dun & Bradstreet (DNB) and the biggest sale an exit from Beacon Roofing Supply (BECN).

Most Recent 13F: Q2 2026
Location: NEW YORK, NY
CIK: 0001040198
Portfolio Value: $311.8M (Q2 2025)
SEC Filing: 0001140361-25-031108 ↗ filed Aug 14, 2025

Holdings Value

Holdings 18 stocks · $311.8M


TLN Talen Energy Corp.	15.82%	169,575	$49.3M	No change
K Kellanova	12.97%	508,300	$40.4M	Add +100.3%
JNPR Juniper Networks Inc.	11.61%	906,677	$36.2M	Add +37.5%
IAG Iamgold Corp.	7.69%	3,260,304	$24.0M	Add +14.3%
FYBR Frontier Communications Pare	7.49%	641,200	$23.3M	Reduce -12.3%
DNB Dun & Bradstreet Holdings Inc.	7.04%	2,415,500	$22.0M	New
HES Hess Corp.	6.95%	156,286	$21.7M	No change
FL Foot Locker Inc.	6.27%	798,433	$19.6M	New
SWTX Springworks Therapeutics Inc.	5.30%	351,400	$16.5M	New
SKX Skechers USA Inc. Class A	3.49%	172,400	$10.9M	New
SGRY Surgery Partners Inc.	3.21%	450,236	$10.0M	New
HPE Hewlett Packard Enterprise	3.02%	460,000	$9.4M	New
AZEK The Azek Co. Inc.	2.39%	137,000	$7.4M	Add +204.4%
TECK Teck Resources Ltd.-CLS B	2.22%	171,667	$6.9M	Add +110.2%
LBRDK Liberty Broadband-C	1.99%	63,200	$6.2M	Add +103.9%
OPTU Optimum Communications Inc. Class A filed as ALTICE USA INC	1.37%	2,000,000	$4.3M	New
PARAA Paramount Global Class B	1.03%	249,000	$3.2M	Reduce -80.8%
PENN Penn Entertainment Inc.	0.14%	25,000	$447K	No change

Options reported separately and not counted above: JNPR puts ($34.7M), TLN puts ($21.7M), GDXJ calls ($14.9M), HPE puts ($7.6M), EXE calls ($3.5M), EQT calls ($2.9M), HTZ calls ($2.7M), HPE calls ($2.0M), WULF puts ($1.4M), PARAA puts ($1.4M), WULF calls ($1.1M).

Other holdings (3): bonds, preferreds, convertibles and warrants · $806K (not counted above)

Security	Class	Shares / Principal	Value	Change
USA RARE EARTH INC	*W EXP 03/13/203	253,605	$604K	No change
BTMWQ Bitcoin Depot Inc.-CW23	*W EXP 06/30/202	507,375	$202K	No change
SDSTW Global Partner Acq A -CW27	*W EXP 06/21/202	24,766	$664	No change

Total filed on the 13F, all lines: $312.6M.

Portfolio Sells Q1 2025 → Q2 2025


BECN Beacon Roofing Supply Inc.	Sold out	0.00%	−14.59
ITCI Intra-Cellular Therapies Inc.	Sold out	0.00%	−9.06
PARAA Paramount Global Class B	Reduce -80.8%	1.03%	−5.01
TGI Triumph Group Inc.	Sold out	0.00%	−4.55
CHX Championx Corp.	Sold out	0.00%	−4.43
FYBR Frontier Communications Pare	Reduce -12.3%	7.49%	−2.72
JWN Nordstrom Inc.	Sold out	0.00%	−0.65

Portfolio Buys Q1 2025 → Q2 2025


DNB Dun & Bradstreet Holdings Inc.	New	7.04%	+7.04
FL Foot Locker Inc.	New	6.27%	+6.27
SWTX Springworks Therapeutics Inc.	New	5.30%	+5.30
K Kellanova	Add +100.3%	12.97%	+4.82
SKX Skechers USA Inc. Class A	New	3.49%	+3.49
SGRY Surgery Partners Inc.	New	3.21%	+3.21
HPE Hewlett Packard Enterprise	New	3.02%	+3.02
JNPR Juniper Networks Inc.	Add +37.5%	11.61%	+2.32
AZEK The Azek Co. Inc.	Add +204.4%	2.39%	+1.53
OPTU Optimum Communications Inc. Class A	New	1.37%	+1.37
TECK Teck Resources Ltd.-CLS B	Add +110.2%	2.22%	+1.07
LBRDK Liberty Broadband-C	Add +103.9%	1.99%	+0.97
IAG Iamgold Corp.	Add +14.3%	7.69%	+0.75

Options Activity Q1 2025 → Q2 2025


JNPR Juniper Networks Inc.	put	Add +148.2%	868,600	$34.7M
TLN Talen Energy Corp.	put	Reduce -33.1%	74,500	$21.7M
GDXJ Vaneck Junior Gold Miners	call	New	220,000	$14.9M
JNPR Juniper Networks Inc.	call	Sold out	350,000	$12.7Mbefore exit
X United States Steel Corp.	call	Sold out	230,400	$9.7Mbefore exit
GDX Vaneck Gold Miners ETF	call	Sold out	200,000	$9.2Mbefore exit
HPE Hewlett Packard Enterprise	put	New	370,000	$7.6M
VOD Vodafone Group PLC-SP ADR	call	Sold out	750,000	$7.0Mbefore exit
NFE New Fortress Energy Inc.	put	Sold out	350,000	$2.9Mbefore exit
HTZ Hertz Global Hldgs Inc.	call	Add +99.3%	398,500	$2.7M
BECN Beacon Roofing Supply Inc.	put	Sold out	21,400	$2.6Mbefore exit
HPE Hewlett Packard Enterprise	call	New	100,000	$2.0M
WULF Terawulf Inc.	put	Reduce -62.7%	330,000	$1.4M
PARAA Paramount Global Class B	put	Reduce -87.2%	105,000	$1.4M
WULF Terawulf Inc.	call	New	250,000	$1.1M
HOUS Anywhere Real Estate Inc.	put	Sold out	142,800	$476Kbefore exit

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

Notes & Other Activity Q1 2025 → Q2 2025


SUNNOVA ENERGY INTL INC (NOVA 0.25 12/01/26)	NOTE 0.250%12/0 · principal	Sold out	9,530,000	$858Kbefore 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