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 | |
|---|---|---|---|---|---|---|
2151
Belden
BDC
$4.57B
| $846K | ﹤0.01% |
7,034
-20,726
| -75% | -$2.61M |
|
2152
Procore
PCOR
$9.21B
| $844K | ﹤0.01% |
11,577
| – | – |
|
2153
FerroAtlántica
GSM
$749M
| $844K | ﹤0.01% |
185,419
-39,402
| -18% | -$169K |
|
|
SNCY
2154
DELISTED
Sun Country Airlines
SNCY
| $841K | ﹤0.01% |
71,227
-224,475
| -76% | -$2.78M |
|
2155
PUT
Etsy
ETSY
$7.75B
| $837K | ﹤0.01% |
12,600
-24,500
| -66% | -$1.46M |
|
2156
PUT
BP
BP
$110B
| $834K | ﹤0.01% |
24,200
-2,100
| -8% | -$70.3K |
|
2157
PUT
Shake Shack
SHAK
$2.99B
| $833K | ﹤0.01% |
8,900
-1,100
| -11% | -$126K |
|
|
AHRT
2158
AH Realty Trust
AHRT
$506M
| $829K | ﹤0.01% |
118,239
-1,207,217
| -91% | -$8.56M |
|
|
CTRA
2159
DELISTED
Coterra Energy
CTRA
| $825K | ﹤0.01% |
34,883
-1,989
| -5% | -$48K |
|
2160
The Honest Company
HNST
$590M
| $824K | ﹤0.01% |
+223,904
| New | +$949K |
|
2161
Synchrony
SYF
$26.3B
| $823K | ﹤0.01% |
+11,578
| New | +$839K |
|
2162
CALL
SentinelOne
S
$6.96B
| $822K | ﹤0.01% |
46,700
+6,500
| +16% | +$117K |
|
2163
City Holding Co
CHCO
$2.03B
| $820K | ﹤0.01% |
6,616
-701
| -10% | -$87.9K |
|
2164
CALL
Albertsons Companies
ACI
$6.01B
| $818K | ﹤0.01% |
46,700
-104,100
| -69% | -$2.04M |
|
2165
PUT
Toronto Dominion Bank
TD
$197B
| $815K | ﹤0.01% |
+10,200
| New | +$766K |
|
|
SRTA
2166
Strata Critical Medical Inc
SRTA
$548M
| $814K | ﹤0.01% |
+160,863
| New | +$711K |
|
2167
Ovid Therapeutics
OVID
$568M
| $813K | ﹤0.01% |
+625,000
| New | +$542K |
|
|
DOYU
2168
DouYu International Holdings
DOYU
$128M
| $810K | ﹤0.01% |
+107,703
| New | +$843K |
|
2169
Chord Energy
CHRD
$7.7B
| $810K | ﹤0.01% |
8,150
-86,405
| -91% | -$9.09M |
|
2170
EnerSys
ENS
$7.01B
| $807K | ﹤0.01% |
7,143
-21,707
| -75% | -$2.13M |
|
2171
Hancock Whitney
HWC
$5.99B
| $803K | ﹤0.01% |
12,829
+426
| +3% | +$26.1K |
|
2172
PUT
Hewlett Packard
HPE
$70.8B
| $803K | ﹤0.01% |
32,700
-10,800
| -25% | -$239K |
|
2173
CALL
Comcast
CMCSA
$96.2B
| $798K | ﹤0.01% |
25,400
-2,165,600
| -99% | -$72.6M |
|
|
PENG
2174
Penguin Solutions Inc
PENG
$2.58B
| $794K | ﹤0.01% |
+30,213
| New | +$739K |
|
|
UNIT
2175
Uniti Group
UNIT
$2.45B
| $792K | ﹤0.01% |
129,419
-280,296
| -68% | -$1.68M |
|
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.