Slate Path Capital’s Sibanye-Stillwater SBSW Stock Holding History

Slate Path Capital’s Portfolio SBSW Stock Details SBSW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2025 Q4	–	Sell	-1,919,000	Closed	-$21.6M	–	57
2025 Q3	$21.6M	Hold	1,919,000	–	–	0.33%	45
2025 Q2	$13.9M	Buy	+1,919,000	New	+$10.5M	0.24%	38
2025 Q1	–	Sell	-3,079,000	Closed	-$10.2M	–	58
2024 Q4	$10.2M	Hold	3,079,000	–	–	0.18%	45
2024 Q3	$12.7M	Hold	3,079,000	–	–	0.19%	54
2024 Q2	$13.4M	Hold	3,079,000	–	–	0.26%	49
2024 Q1	$14.5M	Hold	3,079,000	–	–	0.29%	45
2023 Q4	$16.7M	Buy	+3,079,000	New	+$15.9M	0.37%	44
2020 Q1	–	Sell	-3,935,000	Closed	-$39.1M	–	29
2019 Q4	$39.1M	Buy	3,935,000 +1,438,747	+58%	+$11.1M	2.1%	14
2019 Q3	$13.5M	Buy	2,496,253 +1,936,253	+346%	+$9.87M	0.89%	14
2019 Q2	$2.66M	Buy	+560,000	New	+$2.22M	0.12%	27

Other funds holding SBSW

LIM

Lingotto Investment Management London, United Kingdom $4.67B AUM 70.24% 1-Year Est. Return

Arrowstreet Capital Boston, Massachusetts $185B AUM 39.58% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Condire Management Dallas, Texas $1.03B AUM 162.78% 1-Year Est. Return

Acadian Asset Management Boston, Massachusetts $70.5B AUM 36% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

GRA

Goehring & Rozencwajg Associates New York $1.86B AUM 130.26% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $303B AUM 30.15% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Slate Path Capital's SBSW Position: Q4 2025 in Review

Slate Path Capital sold out of Sibanye-Stillwater (SBSW) in Q4 2025, closing a stake of 1,919,000 shares — an estimated $21.6M sold.

Slate Path Capital first reported a position in SBSW in Q2 2019 and held it in 10 quarters. The position peaked at $39.1M in Q4 2019. 269 funds tracked by Wall St. Rank hold SBSW as of Q4 2025.

Slate Path Capital reported no remaining Sibanye-Stillwater position as of Q4 2025 after selling out during the quarter.
Slate Path Capital sold 1,919,000 Sibanye-Stillwater shares in Q4 2025, an estimated $21.6M.
Slate Path Capital first reported a position in Sibanye-Stillwater in Q2 2019 and held it in 10 quarters.
Slate Path Capital's Sibanye-Stillwater position peaked at $39.1M in Q4 2019.
269 funds tracked by Wall St. Rank held Sibanye-Stillwater as of Q4 2025.

Based on Slate Path Capital's 13F filing for Q4 2025, filed 17 Feb 2026.