Permian Investment Partners, LP 13F: Quarter-over-Quarter Portfolio Changes
Permian Investment Partners, LP reported a disclosed portfolio value of approximately $904.9 million in its latest SEC Form 13F-HR filing for Q1 2026, up 2.5% quarter on quarter. Over the quarter, the fund initiated 3 new positions, bought more shares in 6 holdings, trimmed 4 holdings, and exited 1 position.
Permian Investment Partners, LP's top buy was a new stake in Amentum Holdings INC (AMTM) , equal to 4.5% of the disclosed portfolio. Its top sell was Api Group CORP (APG) . The fund exited the position completely after it had accounted for 6.5% of the previous portfolio.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| AMENTUM HOLDINGS INC | AMTM | 4.5% | History → |
| CNH INDL N V | CNH | 4.4% | History → |
| VANGUARD INTL EQUITY INDEX F | VGK | 1.9% | Holders → |
Top BuysQ1 2026
The fund's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| NRG ENERGY INC | NRG | +3.6% | +47.2% | History → |
| TRIMAS CORP | TRS | +1.5% | +46.0% | History → |
| ARAMARK | ARMK | +2.9% | +26.3% | History → |
| TIC SOLUTIONS INC | TIC | +-6.0% | +14.5% | History → |
| GRIFOLS S A | GRFS | +-2.1% | +6.4% | History → |
| MILLROSE PPTYS INC | MRP | +-0.8% | +2.2% | History → |
Top SellsQ1 2026
The fund's top sells among positions it retained in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| FIDELITY WISE ORIGIN BITCOIN | FBTC | -0.3% | 55.0% | Holders → |
| ISHARES BITCOIN TRUST ETF | IBIT | -0.2% | 53.1% | Holders → |
| RESIDEO TECHNOLOGIES INC | REZI | -2.7% | 22.0% | History → |
| AMRIZE LTD | AMRZ | -0.1% | 3.4% | History → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| API GROUP CORP | APG | 6.5% |
Net Portfolio Value ChangeQ1 2026
- $0.9BPrior quarter
- $0.9BCurrent quarter
- +$0.0BNet delta
- +2.5%% change
Methodology & FAQ
How Permian Investment Partners, LP Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for Permian Investment Partners, LP: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did Permian Investment Partners, LP buy in Q1 2026?
In Q1 2026, Permian Investment Partners, LP initiated 3 new positions (AMENTUM HOLDINGS INC (AMTM), CNH INDL N V (CNH), VANGUARD INTL EQUITY INDEX F (VGK)); bought more shares of NRG ENERGY INC (NRG), TRIMAS CORP (TRS), ARAMARK (ARMK), TIC SOLUTIONS INC (TIC), GRIFOLS S A (GRFS) — the largest 5 of 6 adds.
What stocks did Permian Investment Partners, LP sell in Q1 2026?
In Q1 2026, Permian Investment Partners, LP fully sold 1 position (API GROUP CORP (APG)); reduced holdings in FIDELITY WISE ORIGIN BITCOIN (FBTC), ISHARES BITCOIN TRUST ETF (IBIT), RESIDEO TECHNOLOGIES INC (REZI), AMRIZE LTD (AMRZ).
Which positions did Permian Investment Partners, LP initiate in Q1 2026?
Permian Investment Partners, LP established 3 new positions in Q1 2026: AMENTUM HOLDINGS INC (AMTM, 4.5%), CNH INDL N V (CNH, 4.4%), VANGUARD INTL EQUITY INDEX F (VGK, 1.9%).
Which existing positions saw the largest allocation increases for Permian Investment Partners, LP in Q1 2026?
Of 6 existing positions with share-count increases in Q1 2026, the largest were: NRG ENERGY INC (NRG, +3.6% weight, +47.2% shares), TRIMAS CORP (TRS, +1.5% weight, +46.0% shares), ARAMARK (ARMK, +2.9% weight, +26.3% shares), TIC SOLUTIONS INC (TIC, +-6.0% weight, +14.5% shares), GRIFOLS S A (GRFS, +-2.1% weight, +6.4% shares), MILLROSE PPTYS INC (MRP, +-0.8% weight, +2.2% shares).
Which positions did Permian Investment Partners, LP fully exit in Q1 2026?
Permian Investment Partners, LP fully exited 1 position in Q1 2026: API GROUP CORP (APG, last-reported weight 6.5%).
Which existing positions saw the largest allocation reductions for Permian Investment Partners, LP in Q1 2026?
Of 4 existing positions with share-count reductions in Q1 2026, the largest were: FIDELITY WISE ORIGIN BITCOIN (FBTC, -0.3% weight, -55.0% shares), ISHARES BITCOIN TRUST ETF (IBIT, -0.2% weight, -53.1% shares), RESIDEO TECHNOLOGIES INC (REZI, -2.7% weight, -22.0% shares), AMRIZE LTD (AMRZ, -0.1% weight, -3.4% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.