Slate Path Capital LP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Slate Path Capital LP reported 55 stock positions worth $4.9 billion. Its top holding was Teva Pharmaceutical-SP ADR (TEVA) at 6.6% of the portfolio, followed by Seagate Technology (STX, 6.5%) and Western Digital (WDC, 5.8%). Compared with Q1 2024, it opened 11 new positions, sold out of 15, added to 11 and reduced 13. The biggest buy was a new position in Delta Air Lines (DAL) and the biggest sale an exit from Viatris (VTRS).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001559706
- Portfolio Value
- $4.9B (Q2 2024)
- SEC Filing
- 0001172661-24-003490 ↗ filed Aug 14, 2024
Holdings Value
Holdings 55 stocks · $4.9B
| TEVA Teva Pharmaceutical-SP ADR | 6.64% | 20,191,184 | $328.1M | Reduce -24.9% |
| STX Seagate Technology Holdings | 6.51% | 3,111,206 | $321.3M | Reduce -18.9% |
| WDC Western Digital Corp. | 5.83% | 3,800,973 | $288.0M | Reduce -28.2% |
| HPE Hewlett Packard Enterprise | 5.28% | 12,307,000 | $260.5M | Add +50.8% |
| SE Sea Ltd.-ADR | 4.12% | 2,850,200 | $203.6M | Reduce -1.6% |
| DAL Delta Air Lines Inc. | 3.96% | 4,117,000 | $195.3M | New |
| TECK Teck Resources Ltd.-CLS B | 3.83% | 3,949,053 | $189.2M | Reduce -15.1% |
| AER Aercap Holdings NV | 3.77% | 1,998,000 | $186.2M | No change |
| CSCO Cisco Systems Inc. | 3.73% | 3,879,000 | $184.3M | New |
| RIG Transocean Ltd. | 3.36% | 31,002,545 | $165.9M | Add +11.6% |
| AA Alcoa Corp. | 3.01% | 3,731,141 | $148.4M | Reduce -5.3% |
| GEV GE Vernova Inc. | 2.81% | 810,368 | $139.0M | Add +260.2% |
| KWEB Kranesh Csi China Internet | 2.74% | 5,015,037 | $135.5M | Add +29.8% |
| CLF Cleveland-Cliffs Inc. | 2.60% | 8,346,000 | $128.4M | Add +17.4% |
| GDX Vaneck Gold Miners ETF | 2.58% | 3,750,000 | $127.2M | Reduce -53.4% |
| CIVI Civitas Resources Inc. | 2.53% | 1,809,935 | $124.9M | No change |
| OGN Organon & Co. | 2.26% | 5,393,786 | $111.7M | Add +4.8% |
| ARWR Arrowhead Pharmaceuticals Inc. | 2.18% | 4,139,000 | $107.6M | No change |
| PAAS Pan American Silver Corp. | 2.12% | 5,257,000 | $104.5M | No change |
| AAL American Airlines Group Inc. | 2.08% | 9,053,000 | $102.6M | New |
| STNE Stoneco Ltd. Class A | 1.77% | 7,285,000 | $87.3M | Add +8.0% |
| GE General Electric filed as GE AEROSPACE | 1.73% | 537,500 | $85.4M | Reduce -42.2% |
| BABA Alibaba Group Holding-SP ADR | 1.70% | 1,166,500 | $84.0M | Add +458.7% |
| GDXJ Vaneck Junior Gold Miners | 1.68% | 1,965,000 | $82.8M | Reduce -42.6% |
| NYT New York Times Co. Class A | 1.56% | 1,508,000 | $77.2M | No change |
| UAL United Airlines Holdings Inc. | 1.53% | 1,557,800 | $75.8M | New |
| CHTR Charter Communications Inc. Class A | 1.44% | 238,371 | $71.3M | No change |
| BEKE Ke Holdings Inc.-ADR filed as KE HLDGS INC | 1.40% | 4,902,058 | $69.4M | New |
| VAL Valaris Ltd. | 1.33% | 882,000 | $65.7M | No change |
| NEM Newmont Corp. | 1.33% | 1,569,000 | $65.7M | New |
| TDW Tidewater Inc. | 1.25% | 647,000 | $61.6M | Reduce -40.4% |
| FYBR Frontier Communications Pare | 1.22% | 2,299,679 | $60.2M | No change |
| IRTC Irhythm Holdings Inc. | 1.11% | 510,500 | $55.0M | No change |
| B Barrick Gold Corp. | 1.11% | 3,272,000 | $54.6M | New |
| NOV Nov Inc. | 1.10% | 2,848,000 | $54.1M | No change |
| X United States Steel Corp. | 0.98% | 1,275,537 | $48.2M | Reduce -24.3% |
| TDG Transdigm Group Inc. | 0.89% | 34,300 | $43.8M | No change |
| NOK Nokia Corp.-Spon ADR | 0.73% | 9,557,103 | $36.1M | Reduce -70.0% |
| JD Jd.com Inc.-ADR | 0.71% | 1,352,000 | $34.9M | Add +167.2% |
| SDRL Seadrill Limited | 0.58% | 558,700 | $28.8M | No change |
| TSLA Tesla Inc. | 0.54% | 135,300 | $26.8M | New |
| AL Sumisho Air Lease Corp. filed as AIR LEASE CORP | 0.35% | 363,500 | $17.3M | Add +35.8% |
| BIDU Baidu Inc. - Spon ADR | 0.32% | 182,900 | $15.8M | Add +72.2% |
| SPHR Sphere Entertainment Co. | 0.29% | 411,174 | $14.4M | No change |
| SBSW Sibanye-Stillwater Ltd.-ADR | 0.27% | 3,079,000 | $13.4M | No change |
| DLO Dlocal Ltd. | 0.25% | 1,547,000 | $12.5M | New |
| SKYW Skywest Inc. | 0.25% | 150,200 | $12.3M | New |
| CENX Century Aluminum Company | 0.20% | 598,000 | $10.0M | Reduce -31.9% |
| RIVN Rivian Automotive Inc. Class A | 0.19% | 691,000 | $9.3M | New |
| IVVD Invivyd Inc. | 0.08% | 3,735,000 | $4.1M | No change |
| CUE Cue Biopharma Inc. | 0.06% | 2,402,455 | $3.0M | No change |
| LAB Standard Biotools Inc. | 0.06% | 1,615,000 | $2.9M | No change |
| PLG Platinum Group Metals Ltd. | 0.03% | 900,000 | $1.5M | No change |
| CYCLERION THERAPEUTICS INC | 0.02% | 357,880 | $823K | No change |
| NEXI Neximmune Inc. | 0.00% | 36,999 | $102K | No change |
Options reported separately and not counted above: STX calls ($154.0M), KMI calls ($95.5M), CSCO calls ($37.2M), WDC calls ($28.0M).
Other holdings (3): bonds, preferreds, convertibles and warrants · $101K (not counted above)
Total filed on the 13F, all lines: $4.9B.
Portfolio Sells Q1 2024 → Q2 2024
| VTRS Viatris Inc. | Sold out | 0.00% | −2.56 |
| GDX Vaneck Gold Miners ETF | Reduce -53.4% | 2.58% | −2.47 |
| MU Micron Technology Inc. | Sold out | 0.00% | −2.31 |
| ERIC Ericsson (lm) Tel-SP ADR | Sold out | 0.00% | −1.85 |
| PRGO Perrigo Co. PLC | Sold out | 0.00% | −1.82 |
| PODD Insulet Corp. | Sold out | 0.00% | −1.51 |
| GE General Electric | Reduce -42.2% | 1.73% | −1.50 |
| NOK Nokia Corp.-Spon ADR | Reduce -70.0% | 0.73% | −1.50 |
| WDC Western Digital Corp. | Reduce -28.2% | 5.83% | −1.33 |
| CIEN Ciena Corp. | Sold out | 0.00% | −1.21 |
| FCX Freeport-McMoran Inc. | Sold out | 0.00% | −1.20 |
| GDXJ Vaneck Junior Gold Miners | Reduce -42.6% | 1.68% | −0.95 |
| TEVA Teva Pharmaceutical-SP ADR | Reduce -24.9% | 6.64% | −0.88 |
| TDW Tidewater Inc. | Reduce -40.4% | 1.25% | −0.73 |
| STX Seagate Technology Holdings | Reduce -18.9% | 6.51% | −0.57 |
| LYFT LYFT Inc. Class A | Sold out | 0.00% | −0.47 |
| BMA Banco Macro SA-ADR | Sold out | 0.00% | −0.45 |
| NARI Inari Medical Inc. | Sold out | 0.00% | −0.40 |
| TECK Teck Resources Ltd.-CLS B | Reduce -15.1% | 3.83% | −0.39 |
| X United States Steel Corp. | Reduce -24.3% | 0.98% | −0.39 |
| GGAL Grupo Financiero Galicia-ADR | Sold out | 0.00% | −0.12 |
| VIST Vista Energy Sab DE CV | Sold out | 0.00% | −0.08 |
| CENX Century Aluminum Company | Reduce -31.9% | 0.20% | −0.07 |
| VST Vistra Corp. | Sold out | 0.00% | −0.05 |
| CEG Constellation Energy | Sold out | 0.00% | −0.05 |
| NRG NRG Energy Inc. | Sold out | 0.00% | −0.04 |
| AA Alcoa Corp. | Reduce -5.3% | 3.01% | +0.37 |
| SE Sea Ltd.-ADR | Reduce -1.6% | 4.12% | +1.04 |
Portfolio Buys Q1 2024 → Q2 2024
| DAL Delta Air Lines Inc. | New | 3.96% | +3.96 |
| CSCO Cisco Systems Inc. | New | 3.73% | +3.73 |
| HPE Hewlett Packard Enterprise | Add +50.8% | 5.28% | +2.41 |
| GEV GE Vernova Inc. | Add +260.2% | 2.81% | +2.20 |
| AAL American Airlines Group Inc. | New | 2.08% | +2.08 |
| UAL United Airlines Holdings Inc. | New | 1.53% | +1.53 |
| BEKE Ke Holdings Inc.-ADR | New | 1.40% | +1.40 |
| BABA Alibaba Group Holding-SP ADR | Add +458.7% | 1.70% | +1.40 |
| NEM Newmont Corp. | New | 1.33% | +1.33 |
| B Barrick Gold Corp. | New | 1.11% | +1.11 |
| KWEB Kranesh Csi China Internet | Add +29.8% | 2.74% | +0.73 |
| TSLA Tesla Inc. | New | 0.54% | +0.54 |
| JD Jd.com Inc.-ADR | Add +167.2% | 0.71% | +0.43 |
| OGN Organon & Co. | Add +4.8% | 2.26% | +0.34 |
| DLO Dlocal Ltd. | New | 0.25% | +0.25 |
| SKYW Skywest Inc. | New | 0.25% | +0.25 |
| RIVN Rivian Automotive Inc. Class A | New | 0.19% | +0.19 |
| BIDU Baidu Inc. - Spon ADR | Add +72.2% | 0.32% | +0.10 |
| AL Sumisho Air Lease Corp. | Add +35.8% | 0.35% | +0.08 |
| RIG Transocean Ltd. | Add +11.6% | 3.36% | −0.10 |
| STNE Stoneco Ltd. Class A | Add +8.0% | 1.77% | −0.45 |
| CLF Cleveland-Cliffs Inc. | Add +17.4% | 2.60% | −0.60 |
Options Activity Q1 2024 → Q2 2024
| STX Seagate Technology Holdings | call | New | 1,491,100 | $154.0M |
| KMI Kinder Morgan Inc. | call | New | 4,808,500 | $95.5M |
| CSCO Cisco Systems Inc. | call | New | 782,500 | $37.2M |
| WDC Western Digital Corp. | call | New | 369,000 | $28.0M |
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 | 39 | $7.2B | UNP, U, UAL, HUM, STM |
| Q1 2026 | 43 | $6.7B | HPE, TXN, ON, NUE, RKT |
| Q4 2025 | 50 | $7.4B | HPE, ON, RKT, U, EQT |
| Q3 2025 | 50 | $6.5B | HPE, U, UNP, EQT, SNDK |
| Q2 2025 | 42 | $5.8B | U, WDC, STX, HPE, MU |
| Q1 2025 | 49 | $5.5B | U, WDC, STX, BABA, WBD |
| Q4 2024 | 50 | $5.5B | WDC, STX, HPE, CSCO, WBD |
| Q3 2024 | 61 | $6.0B | WDC, STX, DAL, UAL, TEVA |
| Q2 2024 | 55 | $4.9B | TEVA, STX, WDC, HPE, SE |
| Q1 2024 | 59 | $5.0B | TEVA, WDC, STX, GDX, TECK |