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 |
Amazon
AMZN
|
+$807M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$497M |
| 3 |
RNAM
Avidity Biosciences
RNAM
|
+$390M |
| 4 |
Kenvue
KVUE
|
+$379M |
| 5 |
Broadcom
AVGO
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$409M |
| 2 |
Visa
V
|
+$354M |
| 3 |
Advanced Micro Devices
AMD
|
+$328M |
| 4 |
Meta Platforms (Facebook)
META
|
+$317M |
| 5 |
Lockheed Martin
LMT
|
+$316M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 11.61% |
| 2 | Consumer Discretionary | 9.64% |
| 3 | Healthcare | 8.17% |
| 4 | Industrials | 8.1% |
| 5 | Financials | 8.05% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
126
Carnival Corporation Ltd
CCL
$35.2B
| $134M | 0.17% |
4,390,608
+431,196
| +11% | +$12M |
|
127
PUT
Chevron
CVX
$403B
| $134M | 0.17% |
878,400
+226,000
| +35% | +$34.4M |
|
128
Rocket Companies
RKT
$39.4B
| $134M | 0.17% |
+6,908,302
| New | +$124M |
|
129
PUT
Pinduoduo
PDD
$126B
| $133M | 0.17% |
1,177,900
+289,200
| +33% | +$35.9M |
|
|
CFLT
130
DELISTED
Confluent
CFLT
| $132M | 0.17% |
4,362,956
+4,229,434
| +3,168% | +$104M |
|
131
Avery Dennison
AVY
$13.9B
| $129M | 0.16% |
708,877
+246,755
| +53% | +$42.7M |
|
|
GTLS
132
DELISTED
Chart Industries
GTLS
| $129M | 0.16% |
624,366
-394,465
| -39% | -$79.9M |
|
133
Gaming and Leisure Properties
GLPI
$12.7B
| $128M | 0.16% |
2,869,659
+860,583
| +43% | +$38.2M |
|
134
IDEX
IEX
$17.3B
| $128M | 0.16% |
720,142
+718,137
| +35,817% | +$123M |
|
135
TE Connectivity
TEL
$58.9B
| $128M | 0.16% |
561,117
-798,074
| -59% | -$185M |
|
136
Invesco QQQ Trust
QQQ
$486B
| $128M | 0.16% |
207,600
-59,240
| -22% | -$36.4M |
|
137
Cleveland-Cliffs
CLF
$6.43B
| $125M | 0.16% |
9,377,323
+1,382,882
| +17% | +$17.5M |
|
138
MongoDB
MDB
$34.7B
| $124M | 0.16% |
296,584
+232,517
| +363% | +$84.6M |
|
|
139
Meta Platforms (Facebook)
META
$1.4T
| $124M | 0.16% |
188,358
-475,376
| -72% | -$317M |
|
140
PUT
Bank of America
BAC
$431B
| $124M | 0.16% |
2,257,500
+147,700
| +7% | +$7.81M |
|
|
141
Chevron
CVX
$403B
| $121M | 0.15% |
793,303
-742,409
| -48% | -$113M |
|
|
SEE
142
DELISTED
Sealed Air
SEE
| $120M | 0.15% |
2,891,855
+2,761,833
| +2,124% | +$107M |
|
|
HOLX
143
DELISTED
Hologic
HOLX
| $120M | 0.15% |
1,608,340
+389,988
| +32% | +$28.5M |
|
144
Ameriprise Financial
AMP
$49.1B
| $120M | 0.15% |
+243,967
| New | +$116M |
|
145
Cboe Global Markets
CBOE
$31.4B
| $118M | 0.15% |
470,775
-278,883
| -37% | -$69.4M |
|
146
Caterpillar
CAT
$381B
| $118M | 0.15% |
206,178
-141,714
| -41% | -$78.8M |
|
147
Etsy
ETSY
$7.44B
| $118M | 0.15% |
2,120,727
+932,381
| +78% | +$56.9M |
|
148
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$45.5B
| $117M | 0.15% |
756,000
-589,100
| -44% | -$88.2M |
|
149
AXIS Capital
AXS
$7.2B
| $116M | 0.15% |
1,087,602
+165,583
| +18% | +$16.4M |
|
150
PUT
Wells Fargo
WFC
$254B
| $116M | 0.15% |
1,248,900
-54,700
| -4% | -$4.75M |
|
Similar funds
Dmitry Balyasny's Q4 2025 Portfolio in Review
As of Q4 2025, Dmitry Balyasny held 3,669 positions worth $78.8B, down 0.17% from $78.9B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Dmitry Balyasny withdrew a net $4.13B in Q4 2025, closing 643 positions and reducing 1,102 holdings. Its most notable exit was Mr. Cooper, an estimated $277M position sold in full.
By sector, the portfolio is most concentrated in Technology at 12% of assets, down from 12% a quarter earlier, followed by Consumer Discretionary and Healthcare.
Against the trend, Dmitry Balyasny opened a new position in Avidity Biosciences worth $436M.
- Dmitry Balyasny's largest Q4 2025 buy was Avidity Biosciences: 6,040,590 shares worth $436M.
- Dmitry Balyasny added most to Amazon in Q4 2025, an estimated $807M increase.
- Dmitry Balyasny's biggest Q4 2025 reduction was Apple, cutting an estimated $409M.
- Dmitry Balyasny fully exited Mr. Cooper in Q4 2025, selling an estimated $277M.
- Dmitry Balyasny's ten largest holdings make up 15% of its $78.8B portfolio in Q4 2025.
- Dmitry Balyasny opened 809 new positions and closed 643 in Q4 2025.
- Dmitry Balyasny's portfolio value fell 0.17% quarter-over-quarter to $78.8B.
Based on Balyasny Asset Management's 13F filing for Q4 2025, filed 17 Feb 2026.