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
|
+$509M |
| 2 |
Mastercard
MA
|
+$404M |
| 3 |
SCHW
Charles Schwab
SCHW
|
+$401M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$302M |
| 5 |
Intuit
INTU
|
+$277M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Arthur J. Gallagher & Co
AJG
|
+$416M |
| 2 |
Coca-Cola
KO
|
+$394M |
| 3 |
Starbucks
SBUX
|
+$374M |
| 4 |
Salesforce
CRM
|
+$351M |
| 5 |
PNC Financial Services
PNC
|
+$268M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.34% |
| 2 | Financials | 9.88% |
| 3 | Consumer Discretionary | 8.94% |
| 4 | Industrials | 7.09% |
| 5 | Healthcare | 6.66% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
DFS
26
DELISTED
Discover Financial Services
DFS
| $300M | 0.5% |
1,758,878
-180,428
| -9% | -$33M |
|
|
ITCI
27
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $298M | 0.49% |
2,257,912
+2,118,252
| +1,517% | +$264M |
|
28
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $259M | 0.43% |
2,623,600
-2,210,200
| -46% | -$240M |
|
29
AutoZone
AZO
$48.3B
| $255M | 0.42% |
+66,934
| New | +$231M |
|
30
Monster Beverage
MNST
$93.6B
| $251M | 0.41% |
8,573,566
+7,979,278
| +1,343% | +$208M |
|
31
PUT
Chevron
CVX
$403B
| $247M | 0.41% |
1,476,100
+708,800
| +92% | +$111M |
|
32
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.2B
| $241M | 0.4% |
6,107,800
+527,600
| +9% | +$20.6M |
|
33
Keurig Dr Pepper
KDP
$43.6B
| $240M | 0.4% |
7,017,601
+4,771,276
| +212% | +$155M |
|
34
PUT
Visa
V
$693B
| $239M | 0.4% |
682,500
-109,500
| -14% | -$37.1M |
|
35
Danaher
DHR
$154B
| $238M | 0.39% |
1,163,248
+1,135,865
| +4,148% | +$248M |
|
36
Take-Two Interactive
TTWO
$44.8B
| $237M | 0.39% |
1,144,438
-260,202
| -19% | -$52M |
|
37
Microchip Technology
MCHP
$41.3B
| $233M | 0.39% |
4,811,251
+4,396,115
| +1,059% | +$245M |
|
38
CALL
Apple
AAPL
$4.51T
| $231M | 0.38% |
1,039,000
+160,600
| +18% | +$37.2M |
|
39
Accenture
ACN
$113B
| $228M | 0.38% |
732,075
+656,341
| +867% | +$232M |
|
40
Truist Financial
TFC
$61.6B
| $228M | 0.38% |
5,537,355
+3,291,338
| +147% | +$147M |
|
|
41
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $224M | 0.37% |
400,700
-519,700
| -56% | -$305M |
|
42
PUT
Tesla
TSLA
$1.43T
| $207M | 0.34% |
799,000
-249,500
| -24% | -$83.1M |
|
43
Netflix
NFLX
$331B
| $206M | 0.34% |
2,203,870
+805,850
| +58% | +$76.6M |
|
44
TSMC
TSM
$2.17T
| $205M | 0.34% |
1,235,838
-965,935
| -44% | -$188M |
|
45
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $195M | 0.32% |
1,333,300
-47,000
| -3% | -$6.83M |
|
46
RTX Corp
RTX
$283B
| $195M | 0.32% |
1,468,423
-1,508,670
| -51% | -$191M |
|
47
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $190M | 0.31% |
3,817,554
+3,217,585
| +536% | +$161M |
|
|
48
PUT
Mastercard
MA
$509B
| $187M | 0.31% |
341,100
+2,800
| +0.8% | +$1.52M |
|
|
49
Tesla
TSLA
$1.43T
| $187M | 0.31% |
719,795
+589,118
| +451% | +$196M |
|
50
Boston Scientific
BSX
$73B
| $185M | 0.31% |
1,838,179
+71,571
| +4% | +$7.21M |
|
Similar funds
Dmitry Balyasny's Q1 2025 Portfolio in Review
As of Q1 2025, Dmitry Balyasny held 3,423 positions worth $60.5B, down 9.9% from $67.1B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Dmitry Balyasny withdrew a net $4.05B in Q1 2025, closing 697 positions and reducing 920 holdings. Its most notable exit was Starbucks, an estimated $374M position sold in full.
By sector, the portfolio is most concentrated in Technology at 10% of assets, up from 10% a quarter earlier, followed by Financials and Consumer Discretionary.
Against the trend, Dmitry Balyasny opened a new position in AutoZone worth $255M.
- Dmitry Balyasny's largest Q1 2025 buy was AutoZone: 66,934 shares worth $255M.
- Dmitry Balyasny added most to iShares Core S&P 500 ETF in Q1 2025, an estimated $509M increase.
- Dmitry Balyasny's biggest Q1 2025 reduction was Arthur J. Gallagher & Co, cutting an estimated $416M.
- Dmitry Balyasny fully exited Starbucks in Q1 2025, selling an estimated $374M.
- Dmitry Balyasny's ten largest holdings make up 13% of its $60.5B portfolio in Q1 2025.
- Dmitry Balyasny opened 759 new positions and closed 697 in Q1 2025.
- Dmitry Balyasny's portfolio value fell 9.9% quarter-over-quarter to $60.5B.
Based on Balyasny Asset Management's 13F filing for Q1 2025, filed 15 May 2025.