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 |
WE
WeWork Inc.
WE
|
+$91.8M |
| 2 |
NOV
NOV
|
+$56.5M |
| 3 |
Transocean
RIG
|
+$51M |
| 4 |
VanEck Junior Gold Miners ETF
GDXJ
|
+$41.7M |
| 5 |
Ovintiv
OVV
|
+$40.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
The Mosaic Company
MOS
|
+$130M |
| 2 |
VanEck Gold Miners ETF
GDX
|
+$104M |
| 3 |
Cheniere Energy
LNG
|
+$44M |
| 4 |
Antero Resources
AR
|
+$39.9M |
| 5 |
Comstock Resources
CRK
|
+$29M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Energy | 37.38% |
| 2 | Communication Services | 23.49% |
| 3 | Materials | 15.12% |
| 4 | Real Estate | 8.55% |
| 5 | Financials | 4.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
EXE
1
Expand Energy Corp
EXE
$22.2B
| $264M | 13.54% |
3,038,000
-290,000
| -9% | -$21.3M |
|
2
Warner Music
WMG
$14.2B
| $119M | 6.08% |
3,134,779
| – | – |
|
|
FYBR
3
DELISTED
Frontier Communications
FYBR
| $114M | 5.82% |
4,106,000
| – | – |
|
4
Pan American Silver
PAAS
$22B
| $106M | 5.44% |
3,888,000
+440,000
| +13% | +$10.8M |
|
|
5
Cheniere Energy
LNG
$57.3B
| $102M | 5.2% |
733,000
-362,000
| -33% | -$44M |
|
|
WE
6
DELISTED
WeWork Inc.
WE
| $99.3M | 5.09% |
364,000
+320,684
| +740% | +$91.8M |
|
|
X
7
DELISTED
US Steel
X
| $98.5M | 5.04% |
2,610,000
+310,000
| +13% | +$8.39M |
|
8
Coinbase
COIN
$49.2B
| $84.1M | 4.31% |
443,000
-67,000
| -13% | -$13.1M |
|
9
New York Times
NYT
$10.6B
| $81.7M | 4.19% |
1,783,000
| – | – |
|
10
Charter Communications
CHTR
$17.9B
| $81M | 4.15% |
148,571
| – | – |
|
11
Perimeter Solutions
PRM
$5.15B
| $72.7M | 3.72% |
6,000,000
| – | – |
|
|
12
VanEck Junior Gold Miners ETF
GDXJ
$9.69B
| $69.1M | 3.54% |
1,475,000
+970,000
| +192% | +$41.7M |
|
13
Opendoor
OPEN
$3.43B
| $67.7M | 3.47% |
8,091,000
+1,105,667
| +16% | +$10.3M |
|
|
LBRDK
14
DELISTED
Liberty Broadband Class C
LBRDK
| $63.6M | 3.26% |
470,000
| – | – |
|
|
15
NOV
NOV
$7.28B
| $63.2M | 3.24% |
+3,225,000
| New | +$56.5M |
|
|
16
Transocean
RIG
$6.61B
| $61.3M | 3.14% |
+13,414,545
| New | +$51M |
|
|
CIVI
17
DELISTED
Civitas Resources
CIVI
| $59.3M | 3.04% |
993,000
+608,000
| +158% | +$33.1M |
|
18
EQT Corp
EQT
$33.6B
| $51.3M | 2.63% |
1,490,000
+450,000
| +43% | +$11M |
|
|
19
Ovintiv
OVV
$18.5B
| $50.6M | 2.59% |
+935,000
| New | +$40.3M |
|
|
SFIX
20
Stitch Fix
SFIX
$446M
| $43.1M | 2.21% |
4,282,056
| – | – |
|
21
PagSeguro Digital
PAGS
$2.38B
| $30.6M | 1.57% |
+1,525,000
| New | +$28.4M |
|
22
Cameco
CCJ
$44.6B
| $27.5M | 1.41% |
945,000
-180,000
| -16% | -$4.22M |
|
|
23
Antero Resources
AR
$11.7B
| $26.7M | 1.37% |
875,000
-1,775,000
| -67% | -$39.9M |
|
24
California Resources
CRC
$4.73B
| $24.2M | 1.24% |
+540,000
| New | +$23.3M |
|
25
Invivyd
IVVD
$294M
| $17M | 0.87% |
3,735,000
| – | – |
|
Similar funds
David Greenspan's Q1 2022 Portfolio in Review
As of Q1 2022, David Greenspan held 47 positions worth $1.95B, up 2.3% from $1.91B the previous quarter. Its ten largest holdings account for 59% of the portfolio.
David Greenspan's Q1 2022 filing shows 7 new, 7 increased, 5 reduced and 4 closed positions. Its largest new stake was NOV: 3,225,000 shares worth $63.2M. The largest sale was The Mosaic Company, an estimated $130M.
By sector, the portfolio is most concentrated in Energy at 37% of assets, up from 25% a quarter earlier, followed by Communication Services and Materials.
- David Greenspan's largest Q1 2022 buy was NOV: 3,225,000 shares worth $63.2M.
- David Greenspan added most to WeWork Inc. in Q1 2022, an estimated $91.8M increase.
- David Greenspan's biggest Q1 2022 reduction was Cheniere Energy, cutting an estimated $44M.
- David Greenspan fully exited The Mosaic Company in Q1 2022, selling an estimated $130M.
- David Greenspan's ten largest holdings make up 59% of its $1.95B portfolio in Q1 2022.
- David Greenspan opened 7 new positions and closed 4 in Q1 2022.
- David Greenspan's portfolio value rose 2.3% quarter-over-quarter to $1.95B.
Based on Slate Path Capital's 13F filing for Q1 2022, filed 16 May 2022.