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 | |
|---|---|---|---|---|---|---|
526
Zimmer Biomet
ZBH
$19.1B
| $23.5M | 0.04% |
+207,204
| New | +$22.2M |
|
527
KBR
KBR
$4.75B
| $23.4M | 0.04% |
470,547
-776,959
| -62% | -$41.4M |
|
528
MarketAxess Holdings
MKTX
$5.72B
| $23.4M | 0.04% |
108,140
-104,023
| -49% | -$21.9M |
|
529
PUT
GE Vernova
GEV
$247B
| $23.3M | 0.04% |
76,200
+67,500
| +776% | +$23.5M |
|
530
CALL
Zoom
ZM
$29.6B
| $23.2M | 0.04% |
315,000
+11,700
| +4% | +$932K |
|
531
PUT
Home Depot
HD
$337B
| $23.2M | 0.04% |
63,300
-564,800
| -90% | -$220M |
|
|
JNPR
532
PUT
DELISTED
Juniper Networks
JNPR
| $23.2M | 0.04% |
640,200
-31,800
| -5% | -$1.16M |
|
533
Pebblebrook Hotel Trust
PEB
$2.07B
| $23.1M | 0.04% |
2,282,046
-579,299
| -20% | -$7.09M |
|
534
CALL
Oracle
ORCL
$417B
| $23.1M | 0.04% |
165,100
+49,100
| +42% | +$7.99M |
|
|
SASR
535
DELISTED
Sandy Spring Bancorp Inc
SASR
| $23.1M | 0.04% |
825,588
+160,005
| +24% | +$5.09M |
|
536
PUT
Thermo Fisher Scientific
TMO
$232B
| $22.9M | 0.04% |
46,100
+33,300
| +260% | +$18M |
|
|
ESGR
537
DELISTED
Enstar Group
ESGR
| $22.9M | 0.04% |
68,829
+14,222
| +26% | +$4.69M |
|
538
Newmont
NEM
$142B
| $22.8M | 0.04% |
473,095
-270,640
| -36% | -$11.9M |
|
539
Sphere Entertainment
SPHR
$5.74B
| $22.8M | 0.04% |
696,229
-13,101
| -2% | -$532K |
|
540
Centene
CNC
$32.1B
| $22.7M | 0.04% |
373,956
+25,939
| +7% | +$1.57M |
|
|
NTST
541
NETSTREIT Corp
NTST
$2.09B
| $22.6M | 0.04% |
1,428,600
-1,125,069
| -44% | -$16.4M |
|
542
State Street SPDR S&P Biotech ETF
XBI
$11.8B
| $22.5M | 0.04% |
278,005
+81,631
| +42% | +$7.3M |
|
|
RC
543
Ready Capital
RC
$329M
| $22.5M | 0.04% |
4,427,785
+1,394,934
| +46% | +$8.6M |
|
544
Cemex
CX
$15.9B
| $22.4M | 0.04% |
3,991,019
+2,855,543
| +251% | +$17.3M |
|
545
Red Rock Resorts
RRR
$3.53B
| $22.4M | 0.04% |
515,945
+423,834
| +460% | +$20.1M |
|
546
Syndax Pharmaceuticals
SNDX
$1.78B
| $22.3M | 0.04% |
1,817,009
+1,747,423
| +2,511% | +$24.6M |
|
547
PUT
Strategy Inc
MSTR
$50.4B
| $22.3M | 0.04% |
77,400
+58,000
| +299% | +$18.4M |
|
|
NBIS
548
CALL
Nebius Group N.V.
NBIS
$60.3B
| $22.3M | 0.04% |
1,054,200
+750,400
| +247% | +$24.7M |
|
549
PUT
Advanced Micro Devices
AMD
$782B
| $22.3M | 0.04% |
216,600
-202,100
| -48% | -$22.5M |
|
550
Palo Alto Networks
PANW
$277B
| $22.2M | 0.04% |
129,845
+117,995
| +996% | +$21.8M |
|
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.