Permian Investment Partners, LP

Portfolio Overview

Permian Investment Partners, LP disclosed 13 positions worth $904.9M in its Form 13F-HR for Q1 2026, led by $GRFS (Grifols SA) at 17.1% of the equity portfolio, followed by $TIC and $NRG. During the quarter the fund opened 3 new positions and exited 1 — including a new stake in $AMTM and a full exit from $APG. The portfolio is most concentrated in Industrials (29.6% of disclosed assets). All figures are sourced directly from Permian Investment Partners, LP’s Form 13F-HR filing with the SEC under CIK 1472850.

• 

  Grifols SA

  $GRFS

  —

  Quality

  $155.2M19,354,679 sh
• 

  TIC Solutions, Inc.

  $TIC

  45.7#1,700

  Quality

  $144.4M21,945,094 sh
• 

  NRG ENERGY, INC.

  $NRG

  59.5#915

  Quality

  $134.4M920,000 sh
• 

  Millrose Properties, Inc.

  $MRP

  77.2

  Quality

  $108.6M3,879,312 sh
• 

  Aramark

  $ARMK

  53.0

  Quality

  $99.8M2,462,657 sh
• 

  RESIDEO TECHNOLOGIES, INC.

  $REZI

  40.1

  Quality

  $65.0M1,928,882 sh
• 

  Amrize Ltd

  $AMRZ

  —

  Quality

  $53.2M950,020 sh
• 

  TRIMAS CORP

  $TRS

  47.8

  Quality

  $43.2M1,202,500 sh
• 

  Amentum Holdings, Inc.

  $AMTM

  55.6

  Quality

  $40.9M1,567,000 sh
• 

  CNH Industrial N.V.

  $CNH

  —

  Quality

  $39.8M3,617,840 sh

Company	Quality	Value	Shares
Grifols SA$GRFS	—	$155.2M	19,354,679
TIC Solutions, Inc.$TIC	45.7#1,700	$144.4M	21,945,094
NRG ENERGY, INC.$NRG	59.5#915	$134.4M	920,000
Millrose Properties, Inc.$MRP	77.2	$108.6M	3,879,312
Aramark$ARMK	53.0	$99.8M	2,462,657
RESIDEO TECHNOLOGIES, INC.$REZI	40.1	$65.0M	1,928,882
Amrize Ltd$AMRZ	—	$53.2M	950,020
TRIMAS CORP$TRS	47.8	$43.2M	1,202,500
Amentum Holdings, Inc.$AMTM	55.6	$40.9M	1,567,000
CNH Industrial N.V.$CNH	—	$39.8M	3,617,840

Showing top 10 of 13 holdings.

Full Holdings — Permian Investment Partners, LP (Q1 2026)

All 13 disclosed positions from the latest Form 13F-HR, with quarter-over-quarter share changes and 13F Pro quality scores. Sourced from SEC EDGAR.

#	Ticker	Company	Value	Weight	QoQ	Quality
1	$GRFS	Grifols SA	$155.2M	17.1%	+6%	—
2	$TIC	TIC Solutions, Inc.	$144.4M	16.0%	+14%	45.7
3	$NRG	NRG ENERGY, INC.	$134.4M	14.9%	+47%	59.5
4	$MRP	Millrose Properties, Inc.	$108.6M	12.0%	+2%	77.2
5	$ARMK	Aramark	$99.8M	11.0%	+26%	53
6	$REZI	RESIDEO TECHNOLOGIES, INC.	$65.0M	7.2%	-22%	40.1
7	$AMRZ	Amrize Ltd	$53.2M	5.9%	-3%	—
8	$TRS	TRIMAS CORP	$43.2M	4.8%	+46%	47.8
9	$AMTM	Amentum Holdings, Inc.	$40.9M	4.5%	NEW	55.6
10	$CNH	CNH Industrial N.V.	$39.8M	4.4%	NEW	—
11	—	VANGUARD INTL EQUITY INDEX F	$17.6M	1.9%	NEW	—
12	$FBTC	Fidelity Wise Origin Bitcoin Fund	$1.6M	0.2%	-55%	—
13	$IBIT	iShares Bitcoin Trust ETF	$1.1M	0.1%	-53%	—