Permian Investment Partners, LP In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 14, 2026), Permian Investment Partners, LP reported 11 stock positions worth $881.4 million . Its top holding was Tic Solutions (TIC) at 19.6% of the portfolio, followed by Grifols SA-ADR (GRFS, 15.9% ) and Millrose Properties (MRP, 13.6% ). Compared with Q1 2026, it sold out of 2, added to 4 and reduced 5. The biggest buy was CNH Industrial (CNH, shares +163% ) and the biggest sale an exit from Resideo Technologies (REZI).
Location DALLAS, TX
CIK 0001472850
Portfolio Value $881.4M (Q2 2026) Holdings 11 stocks · $881.4M 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 Q1 2026 TIC Tic Solutions Inc. 21,310,094 $172.4M Reduce -2.9% GRFS Grifols SA-ADR 19,740,679 $139.8M Add +2.0% MRP Millrose Properties 3,977,316 $119.5M Add +2.5% CNH CNH Industrial NV 9,522,311 $106.9M Add +163.2% ARMK Aramark 1,794,698 $102.1M Reduce -27.1% NRG NRG Energy Inc. 590,431 $86.2M Reduce -35.8% AMRZ Amrize Ltd. 1,313,663 $70.0M Add +38.3% TRS Trimas Corp. 1,165,414 $52.5M Reduce -3.1% AMTM Amentum Holdings Inc. 1,433,028 $29.6M Reduce -8.6% FBTC Fidelity Wise Origin Bitcoin 27,000 $1.4M No change IBIT iShares Bitcoin Trust ETF 27,407 $912K No change
Options reported separately and not counted above: SM ENERGY CO calls ($26.7M), CNH INDL N V calls ($3.4M).
Portfolio Sells Q1 2026 → Q2 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 Q1 2026 % Of Portfolio Change To Portfolio ▲ REZI Resideo Technologies Inc. Sold out 0.00% −7.19 NRG NRG Energy Inc. Reduce -35.8% 9.78% −5.07 VGK Vanguard Ftse Europe ETF Sold out 0.00% −1.94 AMTM Amentum Holdings Inc. Reduce -8.6% 3.36% −1.16 ARMK Aramark Reduce -27.1% 11.59% +0.55 TRS Trimas Corp. Reduce -3.1% 5.95% +1.18 TIC Tic Solutions Inc. Reduce -2.9% 19.56% +3.60
Portfolio Buys Q1 2026 → Q2 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 Q1 2026 % Of Portfolio Change To Portfolio ▼ CNH CNH Industrial NV Add +163.2% 12.13% +7.73 AMRZ Amrize Ltd. Add +38.3% 7.94% +2.06 MRP Millrose Properties Add +2.5% 13.56% +1.56 GRFS Grifols SA-ADR Add +2.0% 15.86% −1.30
Options Activity Q1 2026 → Q2 2026 Security Type Change vs Q1 2026 Underlying Shares Value ▼ SM ENERGY CO call New 1,022,000 $26.7M CNH INDL N V call New 304,600 $3.4M
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 11 $881.4M TIC, GRFS, MRP, CNH, ARMK Q1 2026 13 $904.9M GRFS, TIC, NRG, MRP, ARMK Q4 2025 11 $882.7M TIC, GRFS, MRP, NRG, REZI Q3 2025 9 $885.7M TIC, GRFS, KBR, NRG, ARMK Q2 2025 8 $703.2M GRFS, TIC, NRG, ARMK, KBR Q1 2025 8 $667.9M GRFS, KBR, APG, NRG, TIC Q4 2024 5 $555.2M NRG, GRFS, APG, KBR, ARMK Q3 2024 6 $682.0M NRG, ARMK, KBR, GRFS, APG Q2 2024 7 $701.3M ARMK, KBR, NRG, GRFS, GE Q1 2024 8 $774.9M ARMK, KBR, NRG, GRFS, GE