Slate Path Capital 13F, Q2 2025
David Greenspan · quarter ending 30 June 2025 · filed 14 August 2025 · SEC CIK 1559706
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 43 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| UNITY SOFTWARE INC | U | $484.41M | 8.3% | +25% shares |
| WESTERN DIGITAL CORP | WDC | $386.38M | 6.7% | -21% shares |
| SEAGATE TECHNOLOGY HLDNGS PL | $338.89M | 5.8% | -32% shares | |
| HEWLETT PACKARD ENTERPRISE C | HPE | $325.08M | 5.6% | +36% shares |
| MICRON TECHNOLOGY INC | MU | $317.75M | 5.5% | new |
| WARNER BROS DISCOVERY INC | WBD | $244.42M | 4.2% | -4% shares |
| NEBIUS GROUP N.V. | $217.85M | 3.8% | -33% shares | |
| SANDISK CORP | SNDK | $214.90M | 3.7% | +3% shares |
| NOKIA CORP | NOK | $199.58M | 3.4% | unchanged |
| CISCO SYS INC | CSCO | $186.11M | 3.2% | -29% shares |
| PARAMOUNT GLOBAL | $177.03M | 3.0% | unchanged | |
| NEWMONT CORP | NEM | $164.00M | 2.8% | -12% shares |
| BARRICK MNG CORP | B | $151.55M | 2.6% | new |
| CORNING INC | GLW | $151.35M | 2.6% | unchanged |
| COINBASE GLOBAL INC | COIN | $147.48M | 2.5% | new |
| EQT CORP | EQT | $145.43M | 2.5% | -8% shares |
| TEVA PHARMACEUTICAL INDS LTD | TEVA | $138.94M | 2.4% | -14% shares |
| PAN AMERN SILVER CORP | PAAS | $133.96M | 2.3% | unchanged |
| INTERNATIONAL PAPER CO | IP | $131.79M | 2.3% | -9% shares |
| EXPAND ENERGY CORPORATION | EXE | $130.72M | 2.3% | -4% shares |
| AERCAP HOLDINGS NV | $130.04M | 2.2% | -15% shares | |
| VANECK ETF TRUST | GDX | $123.07M | 2.1% | new |
| GE VERNOVA INC | GEV | $119.48M | 2.1% | -35% shares |
| CLEVELAND-CLIFFS INC NEW | CLF | $119.44M | 2.1% | -28% shares |
| TECK RESOURCES LTD | TECK | $109.37M | 1.9% | unchanged |
What changed since Q1 2025
Against the Q1 2025 filing, Slate Path Capital opened 7 new positions, added to 4, trimmed 18, left 14 unchanged and exited 14. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0001172661-25-003338, filed by Slate Path Capital LP. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.