We are live on ! Find out more
DG

David Greenspan Slate Path Capital

AUM $7.22B
1-Year Est. Return 110.75%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+3.04%
1 Year Est. Return
+110.75%
3 Year Est. Return
+393.62%
5 Year Est. Return
+449.87%
10 Year Est. Return
+5,767.79%
AUM
$2.19B
AUM Growth
+$401M
Cap. Flow
+$372M
Cap. Flow %
16.97%
Top 10 Hldgs %
66.7%
Holding
44
New
7
Increased
5
Reduced
2
Closed
4

Top Buys

Rank Stock Value
1
GDX icon
VanEck Gold Miners ETF
GDX
+$193M
2
OPEN icon
Opendoor
OPEN
+$88.4M
3
EXE
Expand Energy Corp
EXE
+$47.7M
4
JOBY icon
Joby Aviation
JOBY
+$35.3M
5
EQT icon
EQT Corp
EQT
+$28.1M

Top Sells

Rank Stock Value
1
CHTR icon
Charter Communications
CHTR
+$55M
2
RTPZ.U
Reinvent Technology Partners Z Units, each consisting of one Class A ordinary share and one-fifth o
RTPZ.U
+$18M
3
OGN icon
Organon & Co
OGN
+$12.7M
4
BHIL
Benson Hill, Inc.
BHIL
+$8.18M
5
STPC.WS
Star Peak Corp II Warrants, each whole warrant exercisable for one share of Class A common stock at
STPC.WS
+$443K

Sector Composition

Rank Sector Weight
1 Communication Services 28.14%
2 Energy 23.46%
3 Materials 11.31%
4 Healthcare 9.95%
5 Consumer Discretionary 5.44%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
CHTR icon
1
Charter Communications
CHTR
$17.9B
$215M 9.81%
295,571
-72,429
-20% -$55M
EXE
2
Expand Energy Corp
EXE
$22.2B
$176M 8.02%
2,852,000
+850,000
+42% +$47.7M
GDX icon
3
VanEck Gold Miners ETF
GDX
$31.8B
$175M 7.97%
+5,930,000
New +$193M
VTRS icon
4
Viatris
VTRS
$18.7B
$160M 7.32%
11,835,000
– –
FYBR
5
DELISTED
Frontier Communications
FYBR
$139M 6.33%
4,981,000
– –
WMG icon
6
Warner Music
WMG
$14.2B
$134M 6.11%
3,134,779
– –
SFIX
7
Stitch Fix
SFIX
$446M
$119M 5.44%
2,982,056
+447,736
+18% +$20.9M
MOS icon
8
The Mosaic Company
MOS
$7.76B
$118M 5.4%
3,310,000
– –
LNG icon
9
Cheniere Energy
LNG
$57.3B
$117M 5.35%
1,200,000
– –
OPEN icon
10
Opendoor
OPEN
$3.43B
$109M 4.96%
+5,466,333
New +$88.4M
LBRDK
11
DELISTED
Liberty Broadband Class C
LBRDK
$81.2M 3.7%
470,000
– –
PAAS icon
12
Pan American Silver
PAAS
$22B
$80.2M 3.66%
3,448,000
– –
AR icon
13
Antero Resources
AR
$11.7B
$70.5M 3.22%
3,750,000
+580,000
+18% +$8.47M
COIN icon
14
Coinbase
COIN
$49.2B
$64.8M 2.96%
285,000
+110,000
+63% +$27.1M
NYT icon
15
New York Times
NYT
$10.6B
$47.7M 2.18%
968,000
– –
X
16
DELISTED
US Steel
X
$41.1M 1.87%
1,870,000
– –
CRK icon
17
Comstock Resources
CRK
$4.18B
$37.2M 1.7%
3,590,000
– –
RTPYU
18
DELISTED
Reinvent Technology Partners Y Unit
RTPYU
$35.4M 1.61%
3,500,000
– –
JOBY icon
19
Joby Aviation
JOBY
$7.45B
$35.2M 1.61%
+3,500,000
New +$35.3M
SM icon
20
SM Energy
SM
$8.85B
$31.1M 1.42%
1,180,000
– –
EQT icon
21
EQT Corp
EQT
$33.6B
$29.7M 1.35%
+1,450,000
New +$28.1M
CRC icon
22
California Resources
CRC
$4.73B
$28.3M 1.29%
690,000
– –
CCJ icon
23
Cameco
CCJ
$44.6B
$24.4M 1.12%
1,125,000
– –
CYCN icon
24
Cyclerion Therapeutics
CYCN
$18.2M
$22M 1%
357,880
– –
CUE icon
25
Cue Biopharma
CUE
$174M
$21.6M 0.99%
49,454
– –
1
2

Similar funds

GT
Glenview Trust Louisville, Kentucky $7.23B AUM 27.68% 1-Year Est. Return
OCM
Oaktree Capital Management Los Angeles, California $7.21B AUM 45.97% 1-Year Est. Return
GI
Gradient Investments Arden Hills, Minnesota $7.25B AUM 20.71% 1-Year Est. Return
BF
BOK Financial Tulsa, Oklahoma $7.25B AUM 33.76% 1-Year Est. Return
SAM
Simplify Asset Management Las Vegas, Nevada $7.19B AUM 6.88% 1-Year Est. Return
CIMLRA
CBRE Investment Management Listed Real Assets Radnor, Pennsylvania $7.18B AUM 18.15% 1-Year Est. Return
TB
Thoma Bravo Chicago, Illinois $7.28B AUM 35.55% 1-Year Est. Return
SAM
Scopus Asset Management New York $7.11B AUM 32.62% 1-Year Est. Return

David Greenspan's Q3 2021 Portfolio in Review

As of Q3 2021, David Greenspan held 44 positions worth $2.19B, up 22% from $1.79B the previous quarter. Its ten largest holdings account for 67% of the portfolio.

David Greenspan deployed $372M of net new capital in Q3 2021, opening 7 new positions and adding to 5 existing holdings. Its largest new stake was VanEck Gold Miners ETF: 5,930,000 shares worth $175M.

By sector, the portfolio is most concentrated in Communication Services at 28% of assets, down from 35% a quarter earlier, followed by Energy and Materials.

On the sell side, the largest reduction was Charter Communications, an estimated $55M trimmed.

  • David Greenspan's largest Q3 2021 buy was VanEck Gold Miners ETF: 5,930,000 shares worth $175M.
  • David Greenspan added most to Expand Energy Corp in Q3 2021, an estimated $47.7M increase.
  • David Greenspan's biggest Q3 2021 reduction was Charter Communications, cutting an estimated $55M.
  • David Greenspan fully exited Reinvent Technology Partners Z Units, each consisting of one Class A ordinary share and one-fifth o in Q3 2021, selling an estimated $18M.
  • David Greenspan's ten largest holdings make up 67% of its $2.19B portfolio in Q3 2021.
  • David Greenspan opened 7 new positions and closed 4 in Q3 2021.
  • David Greenspan's portfolio value rose 22% quarter-over-quarter to $2.19B.

Based on Slate Path Capital's 13F filing for Q3 2021, filed 15 Nov 2021.