Permian Investment Partners, LP
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 15, 2026), Permian Investment Partners, LP reported 13 stock positions worth $904.9 million. Its top holding was Grifols SA-ADR (GRFS) at 17.2% of the portfolio, followed by Tic Solutions (TIC, 16.0%) and NRG Energy (NRG, 14.9%). Compared with Q4 2025, it opened 3 new positions, sold out of 1, added to 6 and reduced 4. The biggest buy was a new position in Amentum (AMTM) and the biggest sale an exit from Api (APG).
- Most Recent 13F
- Q2 2026
- Location
- DALLAS, TX
- CIK
- 0001472850
- Portfolio Value
- $904.9M (Q1 2026)
- SEC Filing
- 0001472850-26-000006 ↗ filed May 15, 2026
Holdings Value
Holdings 13 stocks · $904.9M
| GRFS Grifols SA-ADR | 17.15% | 19,354,679 | $155.2M | Add +6.4% |
| TIC Tic Solutions Inc. | 15.96% | 21,945,094 | $144.4M | Add +14.5% |
| NRG NRG Energy Inc. | 14.86% | 920,000 | $134.4M | Add +47.2% |
| MRP Millrose Properties | 12.00% | 3,879,312 | $108.6M | Add +2.2% |
| ARMK Aramark | 11.03% | 2,462,657 | $99.8M | Add +26.3% |
| REZI Resideo Technologies Inc. | 7.19% | 1,928,882 | $65.0M | Reduce -22.1% |
| AMRZ Amrize Ltd. | 5.88% | 950,020 | $53.2M | Reduce -3.4% |
| TRS Trimas Corp. | 4.78% | 1,202,500 | $43.2M | Add +46.0% |
| AMTM Amentum Holdings Inc. | 4.52% | 1,567,000 | $40.9M | New |
| CNH CNH Industrial NV | 4.40% | 3,617,840 | $39.8M | New |
| VGK Vanguard Ftse Europe ETF | 1.94% | 213,000 | $17.6M | New |
| FBTC Fidelity Wise Origin Bitcoin | 0.18% | 27,000 | $1.6M | Reduce -55.0% |
| IBIT iShares Bitcoin Trust ETF | 0.12% | 27,407 | $1.1M | Reduce -53.1% |
Portfolio Sells Q4 2025 → Q1 2026
Portfolio Buys Q4 2025 → Q1 2026
| AMTM Amentum Holdings Inc. | New | 4.52% | +4.52 |
| CNH CNH Industrial NV | New | 4.40% | +4.40 |
| NRG NRG Energy Inc. | Add +47.2% | 14.86% | +3.58 |
| ARMK Aramark | Add +26.3% | 11.03% | +2.89 |
| VGK Vanguard Ftse Europe ETF | New | 1.94% | +1.94 |
| TRS Trimas Corp. | Add +46.0% | 4.78% | +1.47 |
| MRP Millrose Properties | Add +2.2% | 12.00% | −0.84 |
| GRFS Grifols SA-ADR | Add +6.4% | 17.15% | −2.11 |
| TIC Tic Solutions Inc. | Add +14.5% | 15.96% | −6.00 |
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 |