P Schoenfeld Asset Management LP In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), P Schoenfeld Asset Management LP reported 24 stock positions worth $125.8 million . Its top holding was Warner Bros Discovery (WBD) at 19.2% of the portfolio, followed by Terawulf (WULF, 7.1% ) and Core Scientific (CORZ, 6.9% ). Compared with Q4 2025, it opened 5 new positions, sold out of 12, added to 6 and reduced 10. The biggest buy was Warner Bros Discovery (WBD, shares +143% ) and the biggest sale an exit from Cyberark Software Ltd./Israel (CYBR).
Location NEW YORK, NY
CIK 0001040198
Portfolio Value $125.8M (Q1 2026) Holdings 24 stocks · $125.8M 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 Q4 2025 WBD Warner Bros Discovery Inc. 880,303 $24.2M Add +142.8% WULF Terawulf Inc. 616,000 $8.9M Reduce -17.5% CORZ Core Scientific Inc. 584,124 $8.7M Reduce -26.0% JHG Janus Henderson Group PLC 156,300 $8.0M New LBRDK Liberty Broadband-C 141,900 $7.1M Reduce -26.1% EA Electronic Arts Inc. 35,000 $7.1M Add +24.1% IAG Iamgold Corp. 341,737 $6.4M Reduce -39.4% VSAT Viasat Inc. 133,732 $6.1M Add +38.4% NSC Norfolk Southern Corp. 19,700 $5.7M Reduce -69.5% TDAY USA Today Co. Inc. 755,914 $5.3M Add +89.0% VISN Vistance Networks Inc. 291,200 $5.3M Add +258.2% FOLD Amicus Therapeutics Inc. 363,000 $5.2M No change TLN Talen Energy Corp. 14,178 $4.5M Reduce -50.2% KVUE Kenvue Inc. 256,200 $4.4M Add +99.8% NATL NCR Atleos Corp. 75,000 $3.3M New KHC The Kraft Heinz Co. 139,700 $3.1M Reduce -2.0% SEE Sealed Air Corp. 72,300 $3.0M Reduce -7.7% MASI Masimo Corp. 15,000 $2.7M New PEN Penumbra Inc. 6,130 $2.0M New TRIP Tripadvisor Inc. 125,000 $1.3M No change TECK Teck Resources Ltd.-CLS B 23,438 $1.2M Reduce -25.4% USAR USA Rare Earth Inc. 70,005 $1.1M No change BL Blackline Inc. 21,500 $796K New DBRG Digitalbridge Group Inc. 10,000 $154K Reduce -94.1%
Options reported separately and not counted above: WBD puts ($12.6M), WULF puts ($11.2M), CORZ puts ($9.7M), TLN calls ($8.9M), NFLX calls ($4.8M), TLN puts ($4.5M), GDX calls ($2.3M), VSAT calls ($2.3M), CORZ calls ($1.9M).
Other holdings (2): bonds, preferreds, convertibles and warrants · $11K (not counted above) Security Class Shares / Principal Value Change BTMWQ Bitcoin Depot Inc.-CW23 *W EXP 06/30/202 337,375 $7K No change SDSTW Global Partner Acq A -CW27 *W EXP 06/21/202 24,766 $4K No change
Total filed on the 13F, all lines: $125.8M.
Portfolio Sells Q4 2025 → Q1 2026 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 Q4 2025 % Of Portfolio Change To Portfolio ▲ CYBR Cyberark Software Ltd./Israel Sold out 0.00% −12.36 FYBR Frontier Communications Pare Sold out 0.00% −6.97 NSC Norfolk Southern Corp. Reduce -69.5% 4.49% −4.67 CFLT Confluent Inc. Class A Sold out 0.00% −4.15 SPY SS SPDR S&P 500 ETF Trust-US Sold out 0.00% −4.01 EXAS Exact Sciences Corp. Sold out 0.00% −3.39 GDX Vaneck Gold Miners ETF Sold out 0.00% −3.16 RNAM Avidity Biosciences Inc. Sold out 0.00% −3.00 IWN iShares Russell 2000 Value E Sold out 0.00% −2.44 B Barrick Mining Corp. Sold out 0.00% −2.14 XLK SS Technology Select Sector Sold out 0.00% −2.12 TLN Talen Energy Corp. Reduce -50.2% 3.60% −1.64 PLYM Plymouth Industrial REIT Inc. Sold out 0.00% −1.32 DBRG Digitalbridge Group Inc. Reduce -94.1% 0.12% −1.16 ASPIRE BIOPHARMA HLDGS INC Sold out 0.00% −0.00 TECK Teck Resources Ltd.-CLS B Reduce -25.4% 0.96% +0.23 IAG Iamgold Corp. Reduce -39.4% 5.11% +0.55 KHC The Kraft Heinz Co. Reduce -2.0% 2.50% +0.80 SEE Sealed Air Corp. Reduce -7.7% 2.42% +0.82 LBRDK Liberty Broadband-C Reduce -26.1% 5.67% +1.10 CORZ Core Scientific Inc. Reduce -26.0% 6.95% +1.31 WULF Terawulf Inc. Reduce -17.5% 7.06% +2.85
Portfolio Buys Q4 2025 → Q1 2026 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 Q4 2025 % Of Portfolio Change To Portfolio ▼ WBD Warner Bros Discovery Inc. Add +142.8% 19.21% +14.09 JHG Janus Henderson Group PLC New 6.38% +6.38 VISN Vistance Networks Inc. Add +258.2% 4.21% +3.49 VSAT Viasat Inc. Add +38.4% 4.87% +3.23 TDAY USA Today Co. Inc. Add +89.0% 4.24% +3.23 EA Electronic Arts Inc. Add +24.1% 5.67% +2.84 NATL NCR Atleos Corp. New 2.60% +2.60 KVUE Kenvue Inc. Add +99.8% 3.51% +2.43 MASI Masimo Corp. New 2.12% +2.12 PEN Penumbra Inc. New 1.60% +1.60 BL Blackline Inc. New 0.63% +0.63
Options Activity Q4 2025 → Q1 2026 Security Type Change vs Q4 2025 Underlying Shares Value ▼ WBD Warner Bros Discovery Inc. put New 460,300 $12.6M WULF Terawulf Inc. put Reduce -19.5% 775,000 $11.2M WBD Warner Bros Discovery Inc. call Sold out 344,200 $9.9Mbefore exit CORZ Core Scientific Inc. put Reduce -22.6% 650,000 $9.7M TLN Talen Energy Corp. call New 28,000 $8.9M IAG Iamgold Corp. put Sold out 500,000 $8.2Mbefore exit KMB Kimberly-Clark Corp. call Sold out 69,600 $7.0Mbefore exit GDXJ Vaneck Junior Gold Miners call Sold out 55,000 $6.3Mbefore exit NFLX Netflix Inc. call New 50,000 $4.8M TLN Talen Energy Corp. put Reduce -55.1% 14,200 $4.5M WULF Terawulf Inc. call Sold out 350,000 $4.0Mbefore exit GDX Vaneck Gold Miners ETF call New 25,000 $2.3M VSAT Viasat Inc. call New 50,000 $2.3M CORZ Core Scientific Inc. call Reduce -75.2% 125,000 $1.9M PSKY Paramount Skydance Class B put Sold out 63,000 $844Kbefore exit USAR USA Rare Earth Inc. put Sold out 20,600 $245Kbefore exit
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings 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