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SLATE PATH CAPITAL LP

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NEW YORK NY Investment Advisor Hedge Fund
13F Summary

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85

S&P 500
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Slate Path Capital is based out of New York. Slate Path Capital is a hedge fund with 6 clients and discretionary assets under management (AUM) of $6,880,570,797 (Form ADV from 2024-03-29). Their last reported 13F filing for Q1 2025 included $5,536,957,585 in managed 13F securities and a top 10 holdings concentration of 44.01%. Slate Path Capital's largest holding is Unity Software Inc with shares held of 15,968,468. Whalewisdom has at least 50 13F filings, 1 13D filings, 15 13G filings, and 3 Form 4 filings
Business Description
Slate Path Capital LP provides discretionary investment management and administrative services to clients that are privately offered pooled investment vehicles, commonly referred to as hedge funds or private funds. The firm serves as an investment adviser or manager for the Funds, and the terms of these relationships are detailed in investment management agreements or the governing documents of the Funds. The specific terms of the Funds are outlined in Confidential Private Placement Memoranda or Confidential Offering Memoranda. The Funds are offered exclusively to investors who meet specific criteria, including being "accredited investors" and "qualified purchasers" as defined under the Securities Act of 1933 and the Investment Company Act of 1940, respectively. Additionally, "knowledgeable employees" (as defined in Rule 3c-5 under the Investment Company Act) or non-U.S. persons are also eligible investors.
Investment Strategy
Slate Path aims for long-term, risk-adjusted capital growth using a fundamental, research-based security selection process. The Funds that invest in the Master Funds are global long short funds that focus primarily on equities but also have significant non-equity positions. The Funds’ portfolios include both long and short positions. Investment opportunities are allocated among Clients based on factors like available capital, risk-return profile alignment with objectives, potential portfolio imbalances, liquidity requirements, tax consequences, regulatory restrictions, and the need to manage risk. Allocation differences can be material and are reviewed to ensure fairness and equity over time.
Owners
  • JADES GP, LLC - GENERAL PARTNER
  • FEENEY, JAMES, PATRICK - CHIEF COMPLIANCE OFFICER
  • METZNER, JOHN, DAVID - CHIEF OPERATING OFFICER
  • HANSEN, THOMAS, BAGGE - CHIEF FINANCIAL OFFICER
  • GREENSPAN, DAVID, GERALD - PRESIDENT & CHIEF EXECUTIVE OFFICER & LIMITED PARTNER
  • Click on the Ownership/Private Fund Data tab for more details.
Other Contact Information
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2025-03-31

Top Buys (13F)

Name % Change
U Unity Software Inc 4.52%
SNDK Sandisk Corp 3.95%
NEM Newmont Corp 2.78%
BABA Alibaba Group Holdin 2.61%
AKAM Akamai Technologies 2.05%

2025-03-31

Top Sells (13F)

Name % Change
CIEN Ciena Corp 3.34%
AAL American Airlines Gr 2.85%
SE Sea Ltd 2.45%
UAL United Airlines Hold 2.11%
DAL Delta Air Lines Inc 1.77%

2025-03-31

13F Holdings Summary

2025-03-31

13F Activity

Market Value $5.54b, Prior: $5.53b
Inflows (Outflows) as % of Total MV +4.69%
New Purchases 10 stocks
Added To 14 stocks
Sold out of 11 stocks
Reduced holdings in 19 stocks
Top 10 Holdings % 44.01%
Turnover %[1] 34.43%
Turnover Alt %[2] 23.83%
Time Held Top 20 2.5 quarters
Time Held Top 10 1.8 quarters
Time Held All 5.22 quarters

[1]: Turnover is calculated by taking the # of new holdings (initial purchases) + the # of positions sold out of (not just reduced) divided by the total # of holdings for the quarter.

[2]: Alt Turnover is calculated by taking either the total MV of new purchases or the MV of securities sold, whichever is less, divided by the total MV of the fund.

2025-03-31

13F Sector Allocation Over Time

limited to past 4 quarters. Subscribe to see all available data

2025-03-31

Analysis

Top 20 equal-weighted holdings. Performance numbers calculated through 2025-03-31

Portfolio Performance