Permian Investment Partners, LP

DALLAS, TX · CIK 1472850 · 13F filing filed 2026-08-14

SEC-registered investment adviser since 2011 · limited partnership

Assets managed$2.4bn
Staff12 · 7 in investment roles
Main clients (by assets)Private funds 74%, Sovereign wealth funds 26%
Private funds4 (4 hedge) · $1.8bn gross assets
Websitepermianlp.com
Form ADV · 2026-03-31SEC adviser record

Legal entityPERMIAN INVESTMENT PARTNERS, LP (US)
Part of PERMIAN GP, LLC (US)

$881.4m reported value -2.6% vs Q1 2026

11positions

99.9%in top 10

0 new 4 added 5 reduced 2 sold out vs Q1 2026

Options: 2 call positions ($30.1m notional), 0 put positions (— notional) – listed below, not included above.

Holdings, Q2 2026

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	TIC SOLUTIONS INC COM TIC	TIC	21,310,094	$172.4m19.56%	19.56%	Reduced -635.0k	-635,000 -2.9%
2	GRIFOLS S A SP ADR REP B NVT GRFS	GRFS	19,740,679	$139.8m15.86%	15.86%	Added +386.0k	+386,000 2.0%
3	MILLROSE PPTYS INC COM CL A MRP	MRP	3,977,316	$119.5m13.56%	13.56%	Added +98.0k	+98,004 2.5%
4	CNH INDL N V SHS CNH	CNH	9,522,311	$106.9m12.13%	12.13%	Added +5.9m	+5,904,471 163.2%
5	ARAMARK COM ARMK	ARMK	1,794,698	$102.1m11.59%	11.59%	Reduced -668.0k	-667,959 -27.1%
6	NRG ENERGY INC COM NEW NRG	NRG	590,431	$86.2m9.78%	9.78%	Reduced -329.6k	-329,569 -35.8%
7	AMRIZE LTD SHS AMRZ	AMRZ	1,313,663	$70.0m7.94%	7.94%	Added +363.6k	+363,643 38.3%
8	TRIMAS CORP COM NEW TRS	TRS	1,165,414	$52.5m5.95%	5.95%	Reduced -37.1k	-37,086 -3.1%
9	AMENTUM HOLDINGS INC COM AMTM	AMTM	1,433,028	$29.6m3.36%	3.36%	Reduced -134.0k	-133,972 -8.6%
10	FIDELITY WISE ORIGIN BITCOIN SHS FBTC	FBTC	27,000	$1.4m0.16%	0.16%	Unchanged
11	ISHARES BITCOIN TRUST ETF SHS BEN INT IBIT	IBIT	27,407	$912.4k0.10%	0.10%	Unchanged

Sold out since Q1 2026

Security	Ticker	Shares held before	Value then
RESIDEO TECHNOLOGIES INC REZI	REZI	1,928,882	$65.0m1.9m shares
VANGUARD INTL EQUITY INDEX F VGK	VGK	213,000	$17.6m213.0k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SM ENERGY CO SM · Call	SM	Call	1,022,000	$26.7m1.0m shares	New
CNH INDL N V CNH · Call	CNH	Call	304,600	$3.4m304.6k shares	New

Stakes above 5%

Companies where this manager has reported owning more than 5% of a class of shares, on Schedule 13D (may seek influence) or 13G (passive): its latest filing for each, from 19 Dec 2024 on.

Company	Ticker	Stake	Change	Schedule	Last filed
TIC SOLUTIONS INC TIC · 13G · filed 2026-04-07	TIC	9.9%≈ $177.5m	+1.2 pts	13G	2026-04-07
GRIFOLS S A GRFS · 13G · filed 2026-02-17	GRFS	7.1%	+0.8 pts	13G	2026-02-17