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 | |
|---|---|---|---|---|---|---|
1751
PUT
Zillow
Z
$8.12B
| $1.72M | ﹤0.01% |
+25,100
| New | +$1.92M |
|
1752
Liquidity Services
LQDT
$1.35B
| $1.72M | ﹤0.01% |
+55,359
| New | +$1.84M |
|
1753
PUT
VanEck Junior Gold Miners ETF
GDXJ
$10B
| $1.72M | ﹤0.01% |
30,000
| – | – |
|
1754
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.54B
| $1.71M | ﹤0.01% |
40,900
-75,427
| -65% | -$3.14M |
|
1755
Barclays
BCS
$91.5B
| $1.71M | ﹤0.01% |
+111,208
| New | +$1.66M |
|
1756
CALL
Spotify
SPOT
$114B
| $1.71M | ﹤0.01% |
3,100
+2,300
| +288% | +$1.29M |
|
1757
FuboTV Inc
FUBO
$331M
| $1.7M | ﹤0.01% |
48,516
+46,151
| +1,951% | +$2.01M |
|
1758
Ciena
CIEN
$54.9B
| $1.7M | ﹤0.01% |
28,070
+3,758
| +15% | +$297K |
|
1759
PUT
Microchip Technology
MCHP
$39.9B
| $1.69M | ﹤0.01% |
35,000
| – | – |
|
|
FAZ
1760
CALL
Direxion Daily Financial Bear 3x ETF
FAZ
$87M
| $1.69M | ﹤0.01% |
+30,000
| New | +$1.72M |
|
|
PRO
1761
DELISTED
PROS Holdings
PRO
| $1.69M | ﹤0.01% |
88,633
-136,423
| -61% | -$3.18M |
|
1762
CALL
McKesson
MCK
$106B
| $1.68M | ﹤0.01% |
2,500
| – | – |
|
1763
CALL
Snap
SNAP
$10B
| $1.68M | ﹤0.01% |
193,100
-412,500
| -68% | -$4.3M |
|
1764
C3.ai
AI
$1.52B
| $1.68M | ﹤0.01% |
79,579
-262,436
| -77% | -$7.45M |
|
|
GRDN
1765
Guardian Pharmacy Services
GRDN
$2.36B
| $1.67M | ﹤0.01% |
78,516
-40,706
| -34% | -$835K |
|
1766
Photronics
PLAB
$1.73B
| $1.67M | ﹤0.01% |
80,295
+20,052
| +33% | +$447K |
|
1767
Stantec
STN
$8.26B
| $1.66M | ﹤0.01% |
20,090
+4,902
| +32% | +$392K |
|
|
NNE
1768
Nano Nuclear Energy
NNE
$1.03B
| $1.66M | ﹤0.01% |
62,819
+19,004
| +43% | +$580K |
|
1769
CALL
Acadia Pharmaceuticals
ACAD
$5.27B
| $1.66M | ﹤0.01% |
+100,000
| New | +$1.82M |
|
1770
CALL
Comcast
CMCSA
$96.2B
| $1.66M | ﹤0.01% |
45,000
+29,200
| +185% | +$1.05M |
|
1771
Triumph Financial Inc
TFIN
$1.76B
| $1.65M | ﹤0.01% |
28,591
+25,981
| +995% | +$1.89M |
|
1772
CALL
Automatic Data Processing
ADP
$112B
| $1.65M | ﹤0.01% |
5,400
-5,300
| -50% | -$1.6M |
|
1773
Tennant Co
TNC
$1.19B
| $1.65M | ﹤0.01% |
20,662
-5,661
| -22% | -$479K |
|
1774
Atlas Energy Solutions
AESI
$1.5B
| $1.64M | ﹤0.01% |
+91,987
| New | +$1.91M |
|
1775
MediWound
MDWD
$167M
| $1.64M | ﹤0.01% |
105,590
-60,141
| -36% | -$1.08M |
|
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.