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 | |
|---|---|---|---|---|---|---|
776
PUT
Altria Group
MO
$114B
| $12.5M | 0.02% |
+209,000
| New | +$11.4M |
|
777
CALL
iShares MSCI Brazil ETF
EWZ
$8.23B
| $12.5M | 0.02% |
485,100
-45,200
| -9% | -$1.13M |
|
778
Merck
MRK
$386B
| $12.5M | 0.02% |
139,439
-1,516,688
| -92% | -$142M |
|
779
Western Union
WU
$2.29B
| $12.5M | 0.02% |
+1,182,177
| New | +$12.5M |
|
|
ARI
780
Apollo Commercial Real Estate
ARI
$880M
| $12.5M | 0.02% |
+1,306,175
| New | +$12.4M |
|
|
RWT
781
Redwood Trust
RWT
$593M
| $12.5M | 0.02% |
2,053,481
+59,187
| +3% | +$379K |
|
782
Clear Secure
YOU
$4.56B
| $12.4M | 0.02% |
+480,448
| New | +$11.9M |
|
783
iShares MSCI Emerging Markets ETF
EEM
$31.3B
| $12.4M | 0.02% |
284,008
+66,021
| +30% | +$2.87M |
|
784
Morningstar
MORN
$8.07B
| $12.4M | 0.02% |
41,333
-126,693
| -75% | -$39.9M |
|
785
AZZ Inc
AZZ
$4.16B
| $12.4M | 0.02% |
148,236
+132,206
| +825% | +$11.8M |
|
786
PUT
Sunrun
RUN
$2.21B
| $12.4M | 0.02% |
2,110,900
+1,516,300
| +255% | +$12.5M |
|
787
Argan
AGX
$6.32B
| $12.4M | 0.02% |
94,216
-74,085
| -44% | -$10.3M |
|
788
Toyota
TM
$228B
| $12.3M | 0.02% |
69,854
+33,691
| +93% | +$6.27M |
|
789
PUT
MetLife
MET
$60.9B
| $12.3M | 0.02% |
153,500
-70,700
| -32% | -$5.88M |
|
790
SiriusXM
SIRI
$9.68B
| $12.3M | 0.02% |
543,547
+386,148
| +245% | +$9.1M |
|
|
SFD
791
Smithfield Foods
SFD
$8.76B
| $12.2M | 0.02% |
+599,396
| New | +$12.3M |
|
792
Lloyds Banking Group
LYG
$88.1B
| $12.2M | 0.02% |
3,195,657
+3,178,753
| +18,805% | +$10.5M |
|
|
CALY
793
Callaway Golf Company
CALY
$2.76B
| $12.2M | 0.02% |
+1,849,912
| New | +$13.6M |
|
794
Acadia Healthcare
ACHC
$2.78B
| $12.2M | 0.02% |
401,394
-685,418
| -63% | -$26.1M |
|
795
Chevron
CVX
$392B
| $12.2M | 0.02% |
72,746
-84,818
| -54% | -$13.3M |
|
|
796
CALL
Mastercard
MA
$525B
| $12.2M | 0.02% |
22,200
-46,200
| -68% | -$25.2M |
|
797
iShares Expanded Tech-Software Sector ETF
IGV
$14B
| $12.1M | 0.02% |
136,119
+98,969
| +266% | +$9.77M |
|
798
Urban Outfitters
URBN
$6.49B
| $12.1M | 0.02% |
231,127
-302,227
| -57% | -$16.6M |
|
799
Republic Services
RSG
$67.7B
| $12.1M | 0.02% |
49,937
-498,318
| -91% | -$112M |
|
800
PUT
JetBlue
JBLU
$1.92B
| $12.1M | 0.02% |
2,508,700
+258,000
| +11% | +$1.7M |
|
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.