David Greenspan Slate Path Capital
David Greenspan is the founder of Slate Path Capital, a long/short equity firm with roots in the Tiger Management network. The firm conducts fundamental research across sectors with an emphasis on differentiated views rather than index hugging. Greenspan’s filings attract attention among investors who follow Tiger Cub-style managers.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
ON Semiconductor
ON
|
+$538M |
| 2 |
Humana
HUM
|
+$250M |
| 3 |
Freeport-McMoran
FCX
|
+$223M |
| 4 |
Rocket Companies
RKT
|
+$213M |
| 5 |
Knight Transportation
KNX
|
+$201M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
SNDK
Sandisk
SNDK
|
+$302M |
| 2 |
Warner Bros
WBD
|
+$231M |
| 3 |
Union Pacific
UNP
|
+$201M |
| 4 |
Western Digital
WDC
|
+$166M |
| 5 |
Teva Pharmaceuticals
TEVA
|
+$160M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 39.38% |
| 2 | Materials | 18.22% |
| 3 | Industrials | 15.92% |
| 4 | Financials | 8.5% |
| 5 | Energy | 6.87% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AUROW
51
Aurora Innovation Warrant
AUROW
$246M
| $98.5K | ﹤0.01% |
437,500
| – | – |
|
52
Dow Inc
DOW
$23.4B
| – | – |
-2,465,500
| Closed | -$56.5M |
|
53
GE Aerospace
GE
$361B
| – | – |
-256,792
| Closed | -$77.2M |
|
54
Lennar Class A
LEN
$21B
| – | – |
-124,102
| Closed | -$15.6M |
|
55
LyondellBasell Industries
LYB
$21.8B
| – | – |
-1,126,800
| Closed | -$55.3M |
|
56
Sunrun
RUN
$2.21B
| – | – |
-2,733,850
| Closed | -$47.3M |
|
57
Sibanye-Stillwater
SBSW
$8.9B
| – | – |
-1,919,000
| Closed | -$21.6M |
|
58
Snap
SNAP
$8.86B
| – | – |
-6,706,200
| Closed | -$51.7M |
|
59
StoneCo
STNE
$2.16B
| – | – |
-3,778,541
| Closed | -$71.5M |
|
60
Seagate
STX
$193B
| – | – |
-658,867
| Closed | -$156M |
|
|
61
Teva Pharmaceuticals
TEVA
$43.5B
| – | – |
-7,927,998
| Closed | -$160M |
|
62
Upstart Holdings
UPST
$2.95B
| – | – |
-2,731,974
| Closed | -$139M |
|
63
UWM Holdings
UWMC
$2.25B
| – | – |
-4,654,000
| Closed | -$28.3M |
|
|
64
Warner Bros
WBD
$71.6B
| – | – |
-11,804,700
| Closed | -$231M |
|
|
SW
65
Smurfit Westrock
SW
$25.9B
| – | – |
-187,000
| Closed | -$7.96M |
|
|
SNDK
66
Sandisk
SNDK
$234B
| – | – |
-2,693,657
| Closed | -$302M |
|
Similar funds
David Greenspan's Q4 2025 Portfolio in Review
As of Q4 2025, David Greenspan held 66 positions worth $7.41B, up 15% from $6.46B the previous quarter. Its ten largest holdings account for 50% of the portfolio.
David Greenspan deployed $480M of net new capital in Q4 2025, opening 15 new positions and adding to 12 existing holdings. Its largest new stake was ON Semiconductor: 10,480,200 shares worth $568M.
By sector, the portfolio is most concentrated in Technology at 39% of assets, up from 33% a quarter earlier, followed by Materials and Industrials.
On the sell side, the largest reduction was Union Pacific, an estimated $201M trimmed.
- David Greenspan's largest Q4 2025 buy was ON Semiconductor: 10,480,200 shares worth $568M.
- David Greenspan added most to Rocket Companies in Q4 2025, an estimated $213M increase.
- David Greenspan's biggest Q4 2025 reduction was Union Pacific, cutting an estimated $201M.
- David Greenspan fully exited Sandisk in Q4 2025, selling an estimated $302M.
- David Greenspan's ten largest holdings make up 50% of its $7.41B portfolio in Q4 2025.
- David Greenspan opened 15 new positions and closed 15 in Q4 2025.
- David Greenspan's portfolio value rose 15% quarter-over-quarter to $7.41B.
Based on Slate Path Capital's 13F filing for Q4 2025, filed 17 Feb 2026.