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 |
iShares Core S&P 500 ETF
IVV
|
+$1.03B |
| 2 |
Microsoft
MSFT
|
+$736M |
| 3 |
Apple
AAPL
|
+$435M |
| 4 |
Tesla
TSLA
|
+$381M |
| 5 |
Meta Platforms (Facebook)
META
|
+$332M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Arista Networks
ANET
|
+$470M |
| 2 |
Brown & Brown
BRO
|
+$433M |
| 3 |
Intuit
INTU
|
+$310M |
| 4 |
Amazon
AMZN
|
+$292M |
| 5 |
Dollar Tree
DLTR
|
+$257M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.77% |
| 2 | Financials | 9.44% |
| 3 | Industrials | 7.97% |
| 4 | Consumer Discretionary | 7.81% |
| 5 | Healthcare | 6.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
GMS
3076
DELISTED
GMS Inc
GMS
| – | – |
-155,489
| Closed | -$16.9M |
|
3077
Genie Energy
GNE
$395M
| – | – |
-12,079
| Closed | -$325K |
|
3078
Gentex
GNTX
$4.98B
| – | – |
-21,532
| Closed | -$473K |
|
|
GOGL
3079
DELISTED
Golden Ocean Group
GOGL
| – | – |
-19,459
| Closed | -$142K |
|
3080
Green Plains
GPRE
$1.14B
| – | – |
-44,755
| Closed | -$270K |
|
3081
GeoPark
GPRK
$635M
| – | – |
-36,945
| Closed | -$241K |
|
3082
PUT
Grindr
GRND
$2.7B
| – | – |
-275,000
| Closed | -$6.24M |
|
3083
Goodyear
GT
$1.72B
| – | – |
-74,277
| Closed | -$770K |
|
3084
Gray Television
GTN
$509M
| – | – |
-80,268
| Closed | -$364K |
|
3085
PUT
W.W. Grainger
GWW
$61.8B
| – | – |
-1,300
| Closed | -$1.35M |
|
3086
CALL
Hyatt Hotels
H
$17B
| – | – |
-70,700
| Closed | -$9.87M |
|
3087
Hain Celestial
HAIN
$71.6M
| – | – |
-18,563
| Closed | -$28.2K |
|
3088
PUT
Huntington Bancshares
HBAN
$34.4B
| – | – |
-200,000
| Closed | -$3.35M |
|
3089
Health Catalyst
HCAT
$115M
| – | – |
-110,491
| Closed | -$417K |
|
3090
Hackett Group
HCKT
$276M
| – | – |
-10,511
| Closed | -$267K |
|
3091
HEICO Corp Class A
HEI.A
$36.5B
| – | – |
-14,237
| Closed | -$3.68M |
|
3092
Helen of Troy
HELE
$677M
| – | – |
-35,016
| Closed | -$994K |
|
|
HES
3093
DELISTED
Hess
HES
| – | – |
-1,076,246
| Closed | -$149M |
|
|
HES
3094
PUT
DELISTED
Hess
HES
| – | – |
-240,000
| Closed | -$33.2M |
|
3095
Howard Hughes
HHH
$3.97B
| – | – |
-157,968
| Closed | -$10.7M |
|
3096
Hingham Institution for Saving
HIFS
$654M
| – | – |
-2,809
| Closed | -$698K |
|
3097
Hecla Mining
HL
$13.9B
| – | – |
-2,431,420
| Closed | -$14.6M |
|
3098
CALL
Hilton Worldwide
HLT
$73.5B
| – | – |
-1,000
| Closed | -$266K |
|
|
HLVX
3099
DELISTED
HilleVax
HLVX
| – | – |
-976,297
| Closed | -$1.94M |
|
3100
MicroCloud Hologram
HOLO
$41.7M
| – | – |
-23,415
| Closed | -$114K |
|
Similar funds
Dmitry Balyasny's Q3 2025 Portfolio in Review
As of Q3 2025, Dmitry Balyasny held 3,573 positions worth $78.9B, up 19% from $66.4B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Dmitry Balyasny deployed $4.74B of net new capital in Q3 2025, opening 822 new positions and adding to 973 existing holdings. Its largest new stake was Aon: 846,715 shares worth $302M.
By sector, the portfolio is most concentrated in Technology at 12% of assets, up from 11% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Brown & Brown, an estimated $433M trimmed.
- Dmitry Balyasny's largest Q3 2025 buy was Aon: 846,715 shares worth $302M.
- Dmitry Balyasny added most to iShares Core S&P 500 ETF in Q3 2025, an estimated $1.03B increase.
- Dmitry Balyasny's biggest Q3 2025 reduction was Brown & Brown, cutting an estimated $433M.
- Dmitry Balyasny fully exited Arista Networks in Q3 2025, selling an estimated $470M.
- Dmitry Balyasny's ten largest holdings make up 15% of its $78.9B portfolio in Q3 2025.
- Dmitry Balyasny opened 822 new positions and closed 730 in Q3 2025.
- Dmitry Balyasny's portfolio value rose 19% quarter-over-quarter to $78.9B.
Based on Balyasny Asset Management's 13F filing for Q3 2025, filed 14 Nov 2025.