SPC
NBIS

Slate Path Capital’s Nebius Group N.V. NBIS Stock Holding History

Slate Path Capital’s Portfolio NBIS Stock Details NBIS Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2025
Q3 		– Sell
-3,937,200
Closed -$218M – 62
2025
Q2 		$218M Sell
3,937,200
-1,967,000
-33% -$67.7M 3.76% 7
2025
Q1 		$125M Buy
5,904,200
+2,158,200
+58% +$71M 2.25% 19
2024
Q4 		$104M Buy
+3,746,000
New +$91.3M 1.88% 24

Other funds holding NBIS

OAG
Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return
FAM
Fred Alger Management New York $22.8B AUM 64.63% 1-Year Est. Return
JCAM
Jericho Capital Asset Management New York $6.76B AUM 88.1% 1-Year Est. Return
AL4A
Accel Leaders 4 Associates Palo Alto, California $475M AUM 391.52% 1-Year Est. Return
Morgan Stanley
Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return
UBS Group
UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return
Wells Fargo
Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return
Invesco
Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return
Millennium Management
Millennium Management New York $240B AUM 35.51% 1-Year Est. Return
Two Sigma Investments
Two Sigma Investments New York $124B AUM 33.93% 1-Year Est. Return

Slate Path Capital's NBIS Position: Q3 2025 in Review

Slate Path Capital sold out of Nebius Group N.V. (NBIS) in Q3 2025, closing a stake of 3,937,200 shares — an estimated $218M sold.

Slate Path Capital first reported a position in NBIS in Q4 2024 and held it in 3 quarters. The position peaked at $218M in Q2 2025. 572 funds tracked by Wall St. Rank hold NBIS as of Q3 2025.

  • Slate Path Capital reported no remaining Nebius Group N.V. position as of Q3 2025 after selling out during the quarter.
  • Slate Path Capital sold 3,937,200 Nebius Group N.V. shares in Q3 2025, an estimated $218M.
  • Slate Path Capital first reported a position in Nebius Group N.V. in Q4 2024 and held it in 3 quarters.
  • Slate Path Capital's Nebius Group N.V. position peaked at $218M in Q2 2025.
  • 572 funds tracked by Wall St. Rank held Nebius Group N.V. as of Q3 2025.

Based on Slate Path Capital's 13F filing for Q3 2025, filed 14 Nov 2025.