# Pointstate Capital LP

> Pointstate Capital LP is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated May 18, 2026.

- CRD: 161110
- Filed as: POINTSTATE CAPITAL LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: May 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/161110
- AdvisorCensus page: https://advisorcensus.com/firm/pointstate-capital-lp-new-york-ny-161110

## Quick answers

**How is Pointstate Capital LP compensated?**
On its Form ADV (Item 5.E, October 2026), Pointstate Capital LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Pointstate Capital LP located?**
Pointstate Capital LP's principal office is in New York, NY, according to its Form ADV.

**Is Pointstate Capital LP registered with the SEC or a state?**
Pointstate Capital LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 161110.

**How much does Pointstate Capital LP manage?**
Pointstate Capital LP reports $11,975,930,864 in regulatory assets under management in its Form ADV filing dated May 18, 2026 (100% discretionary).

**How have Pointstate Capital LP's assets and staff changed since 2021?**
In the Form ADV data for Pointstate Capital LP: Regulatory assets under management: $5,951,010,116 in the October 2021 data and $11,975,930,864 in the October 2026 data, up 101%. Total employees: 46 in October 2021 and 41 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Pointstate Capital LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (19).

**Does Pointstate Capital LP report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161110

**What changed in Pointstate Capital LP's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 22 to 19. Regulatory assets under management went from $9,399,119,636 to $11,975,930,864 (+27%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $11,975,930,864
- Discretionary: $11,975,930,864
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 19 | $11,975,930,864 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 41 total, 19 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: NY
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.E(2): Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161110

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,951,010,116 | 46 | March 31, 2021 |
| October 2022 | $5,602,641,989 | 44 | March 31, 2022 |
| October 2023 | $5,327,250,032 | 40 | June 21, 2023 |
| October 2024 | $7,386,906,168 | 44 | March 29, 2024 |
| October 2025 | $9,399,119,636 | 44 | March 31, 2025 |
| October 2026 | $11,975,930,864 | 41 | May 18, 2026 |

Regulatory assets under management: $5,951,010,116 in the October 2021 data and $11,975,930,864 in the October 2026 data, up 101%.
Total employees: 46 in October 2021 and 41 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 22 to 19.
- Regulatory assets under management went from $9,399,119,636 to $11,975,930,864 (+27%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Pointstate Capital LP (CRD 161110): Form ADV filing data as of October 2026.