Pointstate Capital L.P. is an investment fund managing more than $2.62 trillion ran by Zachary Klensch. There are currently 48 companies in Mr. Klensch’s portfolio. The largest investments include T-Mobile US and Aramark, together worth $446 billion.
As of 7th August 2023, Pointstate Capital L.P.’s top holding is 2,007,859 shares of T-Mobile US currently worth over $279 billion and making up 10.6% of the portfolio value.
Relative to the number of outstanding shares of T-Mobile US, Pointstate Capital L.P. owns less than approximately 0.1% of the company.
In addition, the fund holds 3,890,960 shares of Aramark worth $168 billion, whose value grew 0.5% in the past six months.
The third-largest holding is Vertiv Co worth $158 billion and the next is Fiserv worth $156 billion, with 1,234,636 shares owned.
Currently, Pointstate Capital L.P.'s portfolio is worth at least $2.62 trillion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
The Pointstate Capital L.P. office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Zachary Klensch serves as the Chief Financial Officer at Pointstate Capital L.P..
In the most recent 13F filing, Pointstate Capital L.P. revealed that it had opened a new position in
Coupang and bought 8,748,709 shares worth $152 billion.
This means they effectively own approximately 0.1% of the company.
Coupang makes up
29.7%
of the fund's Consumer Discretionary sector allocation and has decreased its share price by approximately 0.1% in the past year.
The investment fund also strengthened its position in T-Mobile US by buying
607,830 additional shares.
This makes their stake in T-Mobile US total 2,007,859 shares worth $279 billion.
T-Mobile US dropped approximately 0.1% in the past year.
On the other hand, there are companies that Pointstate Capital L.P. is getting rid of from its portfolio.
Pointstate Capital L.P. closed its position in Dominion Inc on 14th August 2023.
It sold the previously owned 816,594 shares for $50.1 billion.
Zachary Klensch also disclosed a decreased stake in Amazon.com by 0.3%.
This leaves the value of the investment at $132 billion and 1,009,301 shares.
The two most similar investment funds to Pointstate Capital L.P. are Platinum Investment Management Ltd and Massmutual Trust Co Fsb/adv. They manage $2.62 trillion and $2.62 trillion respectively.
Pointstate Capital L.P.’s portfolio is diversified across 11 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 19.5% of
the total portfolio value.
The fund focuses on investments in the United States as
54.2% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
40% of the total holdings value.
On the other hand, small-cap stocks make up only 2.1% of the portfolio.
The average market cap of the portfolio companies is close to $45.7 billion.
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| T-Mobile US, Inc. |
43.42%
2,007,859
|
$278,891,615,000 | 10.63% |
| Aramark |
16.09%
3,890,960
|
$167,505,828,000 | 6.38% |
| Vertiv Holdings Co |
15.82%
6,387,157
|
$158,209,879,000 | 6.03% |
| Fiserv, Inc. |
126.55%
1,234,636
|
$155,749,331,000 | 5.94% |
| Coupang, Inc. |
Opened
8,748,709
|
$152,227,537,000 | 5.80% |
| Amazon.com Inc. |
28.79%
1,009,301
|
$131,572,478,000 | 5.01% |
| Baxter International Inc. |
Opened
2,821,644
|
$128,554,101,000 | 4.90% |
| Lamb Weston Holdings Inc |
47.36%
997,726
|
$114,688,604,000 | 4.37% |
| Walmart Inc |
Opened
683,905
|
$107,496,188,000 | 4.10% |
| Pioneer Nat Res Co |
Opened
508,283
|
$105,306,072,000 | 4.01% |
| Workday Inc |
Opened
375,902
|
$84,912,503,000 | 3.24% |
| Alcoa Corp |
151.98%
2,229,159
|
$75,635,365,000 | 2.88% |
| Marathon Oil Corporation |
309.64%
3,190,900
|
$73,454,518,000 | 2.80% |
| Willscot Mobil Mini Hldng Co |
124.33%
1,471,391
|
$70,317,776,000 | 2.68% |
| TechnipFMC plc |
50.99%
3,995,013
|
$66,397,116,000 | 2.53% |
| Las Vegas Sands Corp |
Opened
1,059,399
|
$61,445,142,000 | 2.34% |
| Freeport-McMoRan Inc |
Opened
1,439,447
|
$57,577,880,000 | 2.19% |
| Centene Corp. |
Opened
783,499
|
$52,847,008,000 | 2.01% |
| Option Care Health Inc |
Opened
1,548,648
|
$50,315,574,000 | 1.92% |
| Dominion Energy Inc |
Closed
816,594
|
$50,073,544,000 | |
| Ingersoll Rand Inc. |
Opened
699,009
|
$45,687,228,000 | 1.74% |
| PG&E Corp. |
Opened
2,442,143
|
$42,200,231,000 | 1.61% |
| Ishares Inc |
Opened
1,231,717
|
$39,944,582,000 | 1.52% |
| BWX Technologies Inc |
2.43%
555,153
|
$39,732,300,000 | 1.51% |
| KBR Inc |
Opened
528,656
|
$34,394,359,000 | 1.31% |
| Frontier Communications Pare |
Opened
1,771,163
|
$33,014,478,000 | 1.26% |
| NVIDIA Corp |
Closed
211,927
|
$30,971,012,000 | |
| Eog Res Inc |
Closed
237,505
|
$30,761,648,000 | |
| Hess Corporation |
Opened
222,039
|
$30,186,202,000 | 1.15% |
| Equinor ASA |
Closed
830,094
|
$29,725,666,000 | |
| Antero Resources Corp |
112.84%
1,051,916
|
$24,225,625,000 | 0.92% |
| Taiwan Semiconductor Mfg Ltd |
Opened
236,678
|
$23,885,544,000 | 0.91% |
| Vista Energy S.a.b. De C.v. |
Opened
975,223
|
$23,522,379,000 | 0.90% |
| Pampa Energia S A |
No change
488,920
|
$21,180,014,000 | 0.81% |
| Enphase Energy Inc |
Closed
77,893
|
$20,638,529,000 | |
| SM Energy Co |
Opened
545,083
|
$17,240,975,000 | 0.66% |
| Helmerich & Payne, Inc. |
Closed
344,908
|
$17,097,090,000 | |
| Shell Plc |
69.64%
279,674
|
$16,886,716,000 | 0.64% |
| Transocean Ltd |
Closed
3,631,970
|
$16,561,783,000 | |
| Vale S.A. |
Closed
932,257
|
$15,820,401,000 | |
| Cameco Corp. |
4.91%
501,297
|
$15,705,635,000 | 0.60% |
| Schlumberger Ltd |
Closed
293,226
|
$15,675,862,000 | |
| Noble Corp Plc |
Closed
413,339
|
$15,587,014,000 | |
| Mosaic Co New |
Closed
347,430
|
$15,241,754,000 | |
| Eaton Corp Plc |
Opened
70,715
|
$14,220,787,000 | 0.54% |
| Bhp Group Ltd |
Closed
204,822
|
$12,709,205,000 | |
| Conocophillips |
Opened
114,727
|
$11,886,864,000 | 0.45% |
| Teck Resources Ltd |
Opened
271,757
|
$11,440,970,000 | 0.44% |
| Ball Corp. |
Opened
185,254
|
$10,783,635,000 | 0.41% |
| Fuller H B Co |
Opened
144,891
|
$10,361,155,000 | 0.39% |
| VanEck ETF Trust |
Closed
33,956
|
$10,324,322,000 | |
| NRG Energy Inc. |
Opened
270,482
|
$10,113,322,000 | 0.39% |
| Matador Res Co |
Opened
193,275
|
$10,112,148,000 | 0.39% |
| Nutrien Ltd |
23.01%
169,873
|
$10,031,001,000 | 0.38% |
| Bunge Limited |
Closed
93,309
|
$9,309,439,000 | |
| New Fortress Energy LLC |
13.39%
294,348
|
$7,882,639,000 | 0.30% |
| UBS Group AG |
Opened
373,575
|
$7,572,365,000 | 0.29% |
| Cleveland-Cliffs Inc |
Closed
440,073
|
$7,089,576,000 | |
| NextDecade Corporation |
61.27%
798,839
|
$6,558,468,000 | 0.25% |
| Constellation Energy Corp |
90.47%
64,202
|
$5,877,693,000 | 0.22% |
| Liberty Energy Inc |
Closed
315,465
|
$5,050,595,000 | |
| Scorpio Tankers, Inc. |
Closed
93,764
|
$5,041,690,000 | |
| United States Stl Corp New |
Closed
159,836
|
$4,003,892,000 | |
| Samsara Inc. |
98.06%
102,474
|
$2,839,555,000 | 0.11% |
| Vistra Corp |
Opened
103,349
|
$2,712,911,000 | 0.10% |
| Applied Matls Inc |
Closed
10,517
|
$1,024,145,000 | |
| Unitedhealth Group Inc |
95.88%
1,559
|
$749,318,000 | 0.03% |
| Williams Cos Inc |
Closed
12,341
|
$406,019,000 | |
| No transactions found | |||
| Showing first 500 out of 68 holdings | |||