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
|
+$655M |
| 2 |
Arthur J. Gallagher & Co
AJG
|
+$383M |
| 3 |
Coca-Cola
KO
|
+$367M |
| 4 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$347M |
| 5 |
Salesforce
CRM
|
+$328M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Spotify
SPOT
|
+$314M |
| 2 |
CME Group
CME
|
+$263M |
| 3 |
Adobe
ADBE
|
+$232M |
| 4 |
CTLT
CATALENT, INC.
CTLT
|
+$220M |
| 5 |
Northrop Grumman
NOC
|
+$216M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 10.32% |
| 2 | Consumer Discretionary | 9.51% |
| 3 | Financials | 8.41% |
| 4 | Industrials | 8.19% |
| 5 | Healthcare | 4.65% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1
PUT
iShares Russell 2000 ETF
IWM
$81.9B
| $1.66B | 2.47% |
7,514,200
+48,800
| +0.7% | +$11.1M |
|
2
PUT
Apple
AAPL
$4.51T
| $1.54B | 2.29% |
6,131,100
+1,010,600
| +20% | +$238M |
|
3
PUT
Microsoft
MSFT
$3.59T
| $1.1B | 1.63% |
2,599,700
+407,700
| +19% | +$174M |
|
4
PUT
State Street Financial Select Sector SPDR ETF
XLF
$57.8B
| $1.08B | 1.61% |
22,385,100
+1,293,600
| +6% | +$62.5M |
|
5
PUT
Invesco QQQ Trust
QQQ
$486B
| $794M | 1.18% |
1,553,800
+60,400
| +4% | +$30.6M |
|
|
6
Amazon
AMZN
$2.79T
| $769M | 1.15% |
3,506,564
+3,201,262
| +1,049% | +$655M |
|
|
7
PUT
Amazon
AMZN
$2.79T
| $597M | 0.89% |
2,722,100
+439,200
| +19% | +$89.9M |
|
8
PUT
State Street Energy Select Sector SPDR ETF
XLE
$41.7B
| $595M | 0.89% |
13,893,000
+3,556,200
| +34% | +$162M |
|
9
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $542M | 0.81% |
4,833,800
-1,167,000
| -19% | -$125M |
|
|
10
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $539M | 0.8% |
920,400
-91,200
| -9% | -$53.7M |
|
11
PUT
Alphabet (Google) Class A
GOOGL
$4.22T
| $498M | 0.74% |
2,627,100
+668,600
| +34% | +$117M |
|
12
TSMC
TSM
$2.17T
| $435M | 0.65% |
2,201,773
+908,767
| +70% | +$176M |
|
|
13
CALL
Invesco QQQ Trust
QQQ
$486B
| $428M | 0.64% |
838,100
-195,700
| -19% | -$99M |
|
14
PUT
Tesla
TSLA
$1.43T
| $423M | 0.63% |
1,048,500
+609,100
| +139% | +$196M |
|
|
15
Salesforce
CRM
$171B
| $414M | 0.62% |
1,237,063
+1,028,038
| +492% | +$328M |
|
16
NVIDIA
NVDA
$5.2T
| $411M | 0.61% |
3,058,323
+540,403
| +21% | +$74.5M |
|
|
17
PUT
NVIDIA
NVDA
$5.2T
| $385M | 0.57% |
2,868,500
+128,800
| +5% | +$17.8M |
|
|
18
Arthur J. Gallagher & Co
AJG
$67.6B
| $375M | 0.56% |
1,319,505
+1,317,027
| +53,149% | +$383M |
|
|
19
Coca-Cola
KO
$392B
| $372M | 0.55% |
5,973,837
+5,620,613
| +1,591% | +$367M |
|
|
20
State Street SPDR S&P 500 ETF Trust
SPY
$809B
| $368M | 0.55% |
628,249
+588,960
| +1,499% | +$347M |
|
|
21
CALL
iShares Russell 2000 ETF
IWM
$81.9B
| $362M | 0.54% |
1,638,700
-1,225,900
| -43% | -$280M |
|
22
Travelers Companies
TRV
$75.8B
| $361M | 0.54% |
1,497,339
+907,266
| +154% | +$227M |
|
23
RTX Corp
RTX
$283B
| $345M | 0.51% |
2,977,093
+2,153,885
| +262% | +$260M |
|
|
DFS
24
DELISTED
Discover Financial Services
DFS
| $336M | 0.5% |
1,939,306
-619,470
| -24% | -$102M |
|
25
Starbucks
SBUX
$122B
| $330M | 0.49% |
3,619,411
+2,395,277
| +196% | +$232M |
|
Similar funds
Dmitry Balyasny's Q4 2024 Portfolio in Review
As of Q4 2024, Dmitry Balyasny held 3,413 positions worth $67.1B, up 9.5% from $61.3B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Dmitry Balyasny deployed $4.68B of net new capital in Q4 2024, opening 750 new positions and adding to 913 existing holdings. Its largest new stake was Cisco: 4,075,610 shares worth $241M.
By sector, the portfolio is most concentrated in Technology at 10% of assets, up from 9.4% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Spotify, an estimated $314M trimmed.
- Dmitry Balyasny's largest Q4 2024 buy was Cisco: 4,075,610 shares worth $241M.
- Dmitry Balyasny added most to Amazon in Q4 2024, an estimated $655M increase.
- Dmitry Balyasny's biggest Q4 2024 reduction was Spotify, cutting an estimated $314M.
- Dmitry Balyasny fully exited CATALENT, INC. in Q4 2024, selling an estimated $220M.
- Dmitry Balyasny's ten largest holdings make up 14% of its $67.1B portfolio in Q4 2024.
- Dmitry Balyasny opened 750 new positions and closed 747 in Q4 2024.
- Dmitry Balyasny's portfolio value rose 9.5% quarter-over-quarter to $67.1B.
Based on Balyasny Asset Management's 13F filing for Q4 2024, filed 14 Feb 2025.