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 | |
|---|---|---|---|---|---|---|
2101
Hanmi Financial
HAFC
$918M
| $1.08M | ﹤0.01% |
+40,009
| New | +$1.07M |
|
2102
PUT
Comcast
CMCSA
$96.2B
| $1.08M | ﹤0.01% |
36,100
+13,900
| +63% | +$397K |
|
2103
NRG Energy
NRG
$23.9B
| $1.07M | ﹤0.01% |
6,731
-343,318
| -98% | -$56.8M |
|
2104
Global X MSCI Argentina ETF
ARGT
$832M
| $1.07M | ﹤0.01% |
+11,699
| New | +$999K |
|
2105
Jacobs Solutions
J
$17.7B
| $1.07M | ﹤0.01% |
8,070
+6,300
| +356% | +$924K |
|
2106
CALL
Twilio
TWLO
$34.4B
| $1.07M | ﹤0.01% |
+7,500
| New | +$929K |
|
2107
Arcos Dorados Holdings
ARCO
$1.71B
| $1.07M | ﹤0.01% |
+145,111
| New | +$1.04M |
|
2108
Royal Caribbean
RCL
$78.2B
| $1.06M | ﹤0.01% |
3,796
+394
| +12% | +$111K |
|
2109
CALL
ACM Research
ACMR
$5.56B
| $1.06M | ﹤0.01% |
26,800
+3,700
| +16% | +$138K |
|
2110
CALL
Lucid Motors
LCID
$2.07B
| $1.06M | ﹤0.01% |
100,000
-848,300
| -89% | -$13.6M |
|
2111
CALL
SentinelOne
S
$6.96B
| $1.06M | ﹤0.01% |
70,400
+23,700
| +51% | +$388K |
|
2112
Excelerate Energy
EE
$1.24B
| $1.05M | ﹤0.01% |
37,593
-35,964
| -49% | -$973K |
|
2113
AdvanSix
ASIX
$442M
| $1.05M | ﹤0.01% |
+60,905
| New | +$1.06M |
|
2114
CALL
Adobe
ADBE
$109B
| $1.05M | ﹤0.01% |
3,000
-400
| -12% | -$136K |
|
2115
Janus International
JBI
$689M
| $1.05M | ﹤0.01% |
160,367
+100,571
| +168% | +$784K |
|
2116
Sterling Infrastructure
STRL
$14.9B
| $1.05M | ﹤0.01% |
+3,416
| New | +$1.18M |
|
2117
CALL
KKR & Co
KKR
$96.6B
| $1.05M | ﹤0.01% |
8,200
-6,500
| -44% | -$808K |
|
2118
Nabors Industries
NBR
$1.3B
| $1.04M | ﹤0.01% |
19,143
+7,975
| +71% | +$389K |
|
2119
Mondelez International
MDLZ
$80.4B
| $1.04M | ﹤0.01% |
+19,310
| New | +$1.11M |
|
2120
CALL
Tyson Foods
TSN
$20.1B
| $1.04M | ﹤0.01% |
17,700
-1,800
| -9% | -$98.9K |
|
|
INGM
2121
Ingram Micro Holding
INGM
$6.69B
| $1.04M | ﹤0.01% |
48,618
+658
| +1% | +$14.3K |
|
2122
Cadre Holdings
CDRE
$1.34B
| $1.04M | ﹤0.01% |
25,374
+14,011
| +123% | +$583K |
|
|
BRCB
2123
Black Rock Coffee Bar Inc
BRCB
$203M
| $1.04M | ﹤0.01% |
46,564
-255,931
| -85% | -$5.94M |
|
2124
First Solar
FSLR
$22.2B
| $1.03M | ﹤0.01% |
3,956
-298,591
| -99% | -$75.3M |
|
2125
CALL
Boyd Gaming
BYD
$5.89B
| $1.03M | ﹤0.01% |
12,100
-14,100
| -54% | -$1.16M |
|
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.