Dmitry Balyasny Balyasny Asset Management
Dmitry Balyasny is the founder of Balyasny Asset Management, a major multi-strategy and multi-manager hedge fund platform. The firm allocates capital across fundamental equities, macro, quant, and other teams under a central risk framework. Balyasny’s platform is often cited alongside other leading pod-shop multi-strategy firms.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$807M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$497M |
| 3 |
RNAM
Avidity Biosciences
RNAM
|
+$390M |
| 4 |
Kenvue
KVUE
|
+$379M |
| 5 |
Broadcom
AVGO
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$409M |
| 2 |
Visa
V
|
+$354M |
| 3 |
Advanced Micro Devices
AMD
|
+$328M |
| 4 |
Meta Platforms (Facebook)
META
|
+$317M |
| 5 |
Lockheed Martin
LMT
|
+$316M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.61% |
| 2 | Consumer Discretionary | 9.64% |
| 3 | Healthcare | 8.17% |
| 4 | Industrials | 8.1% |
| 5 | Financials | 8.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2801
Lindblad Expeditions
LIND
$2.09B
| $215K | ﹤0.01% |
+14,891
| New | +$188K |
|
2802
Viatris
VTRS
$19B
| $215K | ﹤0.01% |
+17,236
| New | +$186K |
|
2803
Kforce
KFRC
$1.03B
| $214K | ﹤0.01% |
6,930
-30,006
| -81% | -$883K |
|
2804
Red Cat Holdings
RCAT
$1.36B
| $214K | ﹤0.01% |
27,009
-277,878
| -91% | -$2.66M |
|
2805
Enterprise Financial Services Corp
EFSC
$2.3B
| $214K | ﹤0.01% |
3,966
-3,362
| -46% | -$185K |
|
2806
Northwest Bancshares
NWBI
$2.25B
| $213K | ﹤0.01% |
17,754
+2,774
| +19% | +$33.8K |
|
2807
Peapack-Gladstone Financial
PGC
$804M
| $213K | ﹤0.01% |
+7,641
| New | +$208K |
|
2808
First Financial Bancorp
FFBC
$3.46B
| $212K | ﹤0.01% |
8,485
-66,939
| -89% | -$1.67M |
|
2809
XP
XP
$8.66B
| $212K | ﹤0.01% |
12,944
-362,035
| -97% | -$6.37M |
|
2810
Signet Jewelers
SIG
$3.24B
| $212K | ﹤0.01% |
+2,555
| New | +$243K |
|
2811
United Natural Foods
UNFI
$2.94B
| $211K | ﹤0.01% |
6,257
-9,609
| -61% | -$357K |
|
2812
Eagle Bancorp
EGBN
$857M
| $210K | ﹤0.01% |
+9,818
| New | +$189K |
|
2813
Mission Produce
AVO
$1.16B
| $210K | ﹤0.01% |
+18,067
| New | +$217K |
|
2814
CALL
Hewlett Packard
HPE
$69.4B
| $209K | ﹤0.01% |
8,700
-49,300
| -85% | -$1.16M |
|
2815
Knowles
KN
$2.78B
| $206K | ﹤0.01% |
9,613
-61,969
| -87% | -$1.41M |
|
2816
Covenant Logistics
CVLG
$879M
| $206K | ﹤0.01% |
+9,331
| New | +$196K |
|
|
CEPF
2817
Cantor Equity Partners IV
CEPF
$593M
| $206K | ﹤0.01% |
+20,000
| New | +$208K |
|
2818
CALL
PENN Entertainment
PENN
$2.45B
| $205K | ﹤0.01% |
13,900
-159,100
| -92% | -$2.48M |
|
2819
Allegion
ALLE
$13.8B
| $205K | ﹤0.01% |
1,287
-170,272
| -99% | -$28.4M |
|
|
ABTC
2820
American Bitcoin Corp
ABTC
$629M
| $204K | ﹤0.01% |
+8,013
| New | +$501K |
|
2821
MBIA
MBI
$250M
| $203K | ﹤0.01% |
+28,409
| New | +$205K |
|
2822
Nicolet Bankshares
NIC
$3.62B
| $203K | ﹤0.01% |
1,672
-3,775
| -69% | -$477K |
|
|
CEPU
2823
Central Puerto
CEPU
$2B
| $202K | ﹤0.01% |
+11,564
| New | +$160K |
|
2824
PUT
Burlington
BURL
$20.8B
| $202K | ﹤0.01% |
+700
| New | +$190K |
|
2825
Magna International
MGA
$18.1B
| $202K | ﹤0.01% |
3,791
-6,289
| -62% | -$307K |
|
Similar funds
Dmitry Balyasny's Q4 2025 Portfolio in Review
As of Q4 2025, Dmitry Balyasny held 3,669 positions worth $78.8B, down 0.17% from $78.9B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Dmitry Balyasny withdrew a net $4.13B in Q4 2025, closing 643 positions and reducing 1,102 holdings. Its most notable exit was Mr. Cooper, an estimated $277M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 12% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Dmitry Balyasny opened a new position in Avidity Biosciences worth $436M.
- Dmitry Balyasny's largest Q4 2025 buy was Avidity Biosciences: 6,040,590 shares worth $436M.
- Dmitry Balyasny added most to Amazon in Q4 2025, an estimated $807M increase.
- Dmitry Balyasny's biggest Q4 2025 reduction was Apple, cutting an estimated $409M.
- Dmitry Balyasny fully exited Mr. Cooper in Q4 2025, selling an estimated $277M.
- Dmitry Balyasny's ten largest holdings make up 15% of its $78.8B portfolio in Q4 2025.
- Dmitry Balyasny opened 809 new positions and closed 643 in Q4 2025.
- Dmitry Balyasny's portfolio value fell 0.17% quarter-over-quarter to $78.8B.
Based on Balyasny Asset Management's 13F filing for Q4 2025, filed 17 Feb 2026.