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 | |
|---|---|---|---|---|---|---|
776
PUT
Strategy Inc
MSTR
$48.7B
| $16.4M | 0.02% |
50,900
+33,300
| +189% | +$12.4M |
|
777
Essent Group
ESNT
$6.15B
| $16.4M | 0.02% |
257,325
+242,335
| +1,617% | +$14.7M |
|
778
Range Resources
RRC
$9.64B
| $16.3M | 0.02% |
434,258
+404,332
| +1,351% | +$14.4M |
|
779
CALL
Morgan Stanley
MS
$336B
| $16.3M | 0.02% |
102,400
+82,600
| +417% | +$12.2M |
|
780
PUT
MongoDB
MDB
$32.4B
| $16.3M | 0.02% |
52,400
+28,000
| +115% | +$7.2M |
|
781
PUT
JD.com
JD
$39.4B
| $16.3M | 0.02% |
464,900
+416,900
| +869% | +$13.6M |
|
782
Moderna
MRNA
$55.4B
| $16.2M | 0.02% |
+627,485
| New | +$17.5M |
|
783
PUT
Amgen
AMGN
$240B
| $16.2M | 0.02% |
57,400
+23,800
| +71% | +$6.9M |
|
784
Intel
INTC
$461B
| $16.1M | 0.02% |
+480,710
| New | +$11.6M |
|
|
ETNB
785
PUT
DELISTED
89bio
ETNB
| $16.1M | 0.02% |
+1,094,400
| New | +$11.2M |
|
786
CALL
Datadog
DDOG
$81.1B
| $16M | 0.02% |
112,600
-10,700
| -9% | -$1.47M |
|
|
AVB
787
DELISTED
AvalonBay Communities
AVB
| $16M | 0.02% |
82,913
-489,458
| -86% | -$95.3M |
|
788
CALL
Corning
GLW
$125B
| $16M | 0.02% |
195,000
-110,000
| -36% | -$7.19M |
|
789
Klaviyo
KVYO
$5.18B
| $16M | 0.02% |
576,571
+459,712
| +393% | +$14.8M |
|
790
Southern Copper
SCCO
$181B
| $16M | 0.02% |
136,675
-387,952
| -74% | -$37.6M |
|
791
Nutrien
NTR
$35.5B
| $15.9M | 0.02% |
+271,182
| New | +$15.8M |
|
792
PUT
Restaurant Brands International
QSR
$28.4B
| $15.9M | 0.02% |
+247,500
| New | +$16.3M |
|
793
FIVE9
FIVN
$2.45B
| $15.8M | 0.02% |
+652,837
| New | +$17.3M |
|
794
TFI International
TFII
$11.2B
| $15.8M | 0.02% |
179,091
-121,046
| -40% | -$11.1M |
|
795
PUT
Caterpillar
CAT
$373B
| $15.7M | 0.02% |
33,000
-8,300
| -20% | -$3.54M |
|
796
EverQuote
EVER
$938M
| $15.7M | 0.02% |
687,367
+361,082
| +111% | +$8.72M |
|
|
QXO
797
QXO Inc
QXO
$13.9B
| $15.7M | 0.02% |
824,403
-4,844,421
| -85% | -$100M |
|
798
Haemonetics
HAE
$4.93B
| $15.7M | 0.02% |
+322,173
| New | +$19.9M |
|
799
UGI
UGI
$8.19B
| $15.7M | 0.02% |
471,320
+378,642
| +409% | +$13.2M |
|
800
EOG Resources
EOG
$78.8B
| $15.7M | 0.02% |
139,735
-345,818
| -71% | -$41.2M |
|
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.