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 | |
|---|---|---|---|---|---|---|
801
PUT
CVS Health
CVS
$119B
| $12.1M | 0.02% |
178,100
-2,200
| -1% | -$132K |
|
802
Paylocity
PCTY
$8.08B
| $12.1M | 0.02% |
64,393
-65,644
| -50% | -$13.1M |
|
803
Reliance Steel & Aluminium
RS
$19.6B
| $12M | 0.02% |
+41,699
| New | +$11.9M |
|
804
CALL
DigitalOcean
DOCN
$13.2B
| $12M | 0.02% |
+359,300
| New | +$14M |
|
805
PUT
Lyft
LYFT
$6.68B
| $11.9M | 0.02% |
1,004,700
+253,300
| +34% | +$3.3M |
|
806
Helix Energy Solutions
HLX
$1.47B
| $11.9M | 0.02% |
1,430,224
-1,039,460
| -42% | -$8.76M |
|
807
PUT
Pfizer
PFE
$163B
| $11.8M | 0.02% |
466,600
+270,500
| +138% | +$7.08M |
|
808
CALL
UnitedHealth
UNH
$356B
| $11.8M | 0.02% |
22,500
-1,800
| -7% | -$920K |
|
|
ECHO
809
EchoStar
ECHO
$25.1B
| $11.7M | 0.02% |
459,067
-39,087
| -8% | -$1.06M |
|
810
Toro Company
TTC
$9.48B
| $11.7M | 0.02% |
161,377
+85,482
| +113% | +$6.76M |
|
811
Rockwell Automation
ROK
$47.7B
| $11.7M | 0.02% |
45,337
+39,220
| +641% | +$10.9M |
|
|
AIV
812
Aimco
AIV
$375M
| $11.7M | 0.02% |
1,329,727
+741,782
| +126% | +$6.59M |
|
813
PennyMac Financial
PFSI
$3.85B
| $11.7M | 0.02% |
+116,728
| New | +$12M |
|
814
PUT
Moderna
MRNA
$63.4B
| $11.7M | 0.02% |
411,900
+396,500
| +2,575% | +$14.1M |
|
815
CALL
MasTec
MTZ
$19.8B
| $11.7M | 0.02% |
+100,000
| New | +$13.5M |
|
816
CALL
Costco
COST
$426B
| $11.6M | 0.02% |
12,300
-52,400
| -81% | -$51.1M |
|
817
PUT
Caterpillar
CAT
$373B
| $11.6M | 0.02% |
35,200
-4,400
| -11% | -$1.57M |
|
818
CALL
Exelon
EXC
$45.7B
| $11.6M | 0.02% |
251,300
+192,400
| +327% | +$8.04M |
|
|
ECG
819
Everus Construction Group
ECG
$6.03B
| $11.6M | 0.02% |
312,117
+287,567
| +1,171% | +$15.5M |
|
820
PUT
American International
AIG
$39.9B
| $11.6M | 0.02% |
+132,900
| New | +$10.3M |
|
821
Radian Group
RDN
$4.87B
| $11.5M | 0.02% |
+348,827
| New | +$11.4M |
|
822
Scorpio Tankers
STNG
$3.87B
| $11.5M | 0.02% |
306,853
+16,530
| +6% | +$740K |
|
|
LTC
823
LTC Properties
LTC
$2.19B
| $11.5M | 0.02% |
324,969
-174,744
| -35% | -$6.08M |
|
824
PUT
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.54B
| $11.5M | 0.02% |
275,000
| – | – |
|
825
Cigna
CI
$73.8B
| $11.5M | 0.02% |
+34,978
| New | +$10.5M |
|
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.