We are live on ! Find out more
PC

PointState Capital Portfolio holdings

AUM $7.82B
1-Year Est. Return 43.51%
This Fund
S&P 500
This Quarter Est. Return
+7.2%
1 Year Est. Return
+43.51%
3 Year Est. Return
+157.95%
5 Year Est. Return
+295.76%
10 Year Est. Return
+2,156.01%
AUM
$4.77B
AUM Growth
-$295M
Cap. Flow
-$234M
Cap. Flow %
-4.91%
Top 10 Hldgs %
48.38%
Holding
171
New
48
Increased
27
Reduced
28
Closed
62

Top Buys

Rank Stock Value
1
CRM icon
Salesforce
CRM
+$179M
2
HUM icon
Humana
HUM
+$173M
3
NXPI icon
NXP Semiconductors
NXPI
+$129M
4
AMZN icon
Amazon
AMZN
+$126M
5
PCG icon
PG&E
PCG
+$96.9M

Top Sells

Rank Stock Value
1
MSFT icon
Microsoft
MSFT
+$334M
2
LOW icon
Lowe's Companies
LOW
+$155M
3
CELG
Celgene Corp
CELG
+$147M
4
DLTR icon
Dollar Tree
DLTR
+$119M
5
BMY icon
Bristol-Myers Squibb
BMY
+$107M

Sector Composition

Rank Sector Weight
1 Technology 29.98%
2 Miscellaneous 18.7%
3 Industrials 15.11%
4 Consumer Discretionary 10.41%
5 Communication Services 9.97%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
ELV icon
126
CALL
Elevance Health
ELV
$90.6B
– –
-21,800
Closed -$6.26M
FCX icon
127
Freeport-McMoran
FCX
$99.6B
– –
-116,700
Closed -$1.5M
GDDY icon
128
GoDaddy
GDDY
$13B
– –
-19,800
Closed -$1.49M
GDX icon
129
VanEck Gold Miners ETF
GDX
$28.3B
– –
-50,000
Closed -$1.12M
INCY icon
130
Incyte
INCY
$24.7B
– –
-6,400
Closed -$550K
ITB icon
131
iShares US Home Construction ETF
ITB
$2.14B
– –
-214,700
Closed -$7.57M
IWM icon
132
PUT
iShares Russell 2000 ETF
IWM
$76.9B
– –
-25,000
Closed -$3.83M
LEN icon
133
Lennar Class A
LEN
$19.3B
– –
-58,969
Closed -$2.8M
LIN icon
134
Linde
LIN
$213B
– –
-87,800
Closed -$15.4M
LLY icon
135
Eli Lilly
LLY
$1.01T
– –
-31,600
Closed -$4.1M
LOW icon
136
Lowe's Companies
LOW
$109B
– –
-1,416,200
Closed -$155M
MAS icon
137
Masco
MAS
$13.6B
– –
-129,100
Closed -$5.08M
MCHP icon
138
Microchip Technology
MCHP
$38.8B
– –
-72,800
Closed -$3.23M
MRK icon
139
CALL
Merck
MRK
$355B
– –
-209,600
Closed -$16.6M
MRK icon
140
Merck
MRK
$355B
– –
-1,076,401
Closed -$85.4M
MSFT icon
141
Microsoft
MSFT
$3.69T
– –
-2,831,354
Closed -$334M
MT icon
142
ArcelorMittal
MT
$55.2B
– –
-1,413,600
Closed -$28.8M
NBIX icon
143
Neurocrine Biosciences
NBIX
$15.2B
– –
-6,600
Closed -$581K
NSC icon
144
CALL
Norfolk Southern
NSC
$71.9B
– –
-24,500
Closed -$4.58M
NVS icon
145
Novartis
NVS
$263B
– –
-41,069
Closed -$3.54M
ROKU icon
146
Roku
ROKU
$23.3B
– –
-179,400
Closed -$11.6M
SPY icon
147
State Street SPDR S&P 500 ETF Trust
SPY
$799B
– –
-100
Closed -$28.8K
SWK icon
148
Stanley Black & Decker
SWK
$13.4B
– –
-498,800
Closed -$67.9M
TGS icon
149
Transportadora de Gas del Sur
TGS
$4.47B
– –
-264,998
Closed -$3.36M
TPR icon
150
Tapestry
TPR
$23.4B
– –
-153,400
Closed -$4.98M
3 4 5
6
7

Similar funds

MNA
Manning & Napier Advisors Fairport, New York $7.8B AUM 25.03% 1-Year Est. Return
BFG
Bleakley Financial Group Fairfield, New Jersey $7.85B AUM 31.48% 1-Year Est. Return
PFA
Pure Financial Advisors San Diego, California $7.86B AUM 19.64% 1-Year Est. Return
FFM
Forum Financial Management Lombard, Illinois $7.79B AUM 20.38% 1-Year Est. Return
EMPI
Elo Mutual Pension Insurance Espoo, Finland $7.77B AUM 35.27% 1-Year Est. Return
LAM
Lyrical Asset Management New York $7.88B AUM 36.5% 1-Year Est. Return
UB
UMB Bank Kansas City, Missouri $7.9B AUM 29.3% 1-Year Est. Return
IMCOOI
Investment Management Corp of Ontario (IMCO) Toronto, Canada $7.9B AUM 35.91% 1-Year Est. Return

PointState Capital's Q2 2019 Portfolio in Review

As of Q2 2019, PointState Capital held 171 positions worth $4.77B, down 5.8% from $5.07B the previous quarter. Its ten largest holdings account for 48% of the portfolio.

PointState Capital withdrew a net $234M in Q2 2019, closing 62 positions and reducing 28 holdings. Its most notable exit was Microsoft, an estimated $334M position sold in full.

By sector, the portfolio is most concentrated in Technology at 30% of assets, up from 27% a quarter earlier, followed by Miscellaneous and Industrials.

Against the trend, PointState Capital opened a new position in Humana worth $181M.

  • PointState Capital's largest Q2 2019 buy was Humana: 680,387 shares worth $181M.
  • PointState Capital added most to Salesforce in Q2 2019, an estimated $179M increase.
  • PointState Capital's biggest Q2 2019 reduction was Dollar Tree, cutting an estimated $119M.
  • PointState Capital fully exited Microsoft in Q2 2019, selling an estimated $334M.
  • PointState Capital's ten largest holdings make up 48% of its $4.77B portfolio in Q2 2019.
  • PointState Capital opened 48 new positions and closed 62 in Q2 2019.
  • PointState Capital's portfolio value fell 5.8% quarter-over-quarter to $4.77B.

Based on PointState Capital's 13F filing for Q2 2019, filed 14 Aug 2019.