Jim Chanos Chanos & Company
Jim Chanos is the founder of Chanos & Co. (formerly Kynikos Associates) and one of the most famous short sellers in financial markets. He is known for forensic accounting research and high-profile bearish theses on companies he believes are overvalued or fundamentally flawed. Chanos’s work has influenced generations of investors focused on risk, accounting red flags, and short-side analysis.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$791K |
| 2 |
USA Rare Earth Inc
USAR
|
+$152K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P Regional Banking ETF
KRE
|
+$2.26M |
| 2 |
Enviva Inc.
EVA
|
+$670K |
| 3 |
UTAA
UTA Acquisition Corporation Class A Ordinary Shares
UTAA
|
+$158K |
| 4 |
Inflection Point Acquisition Corp. II Unit
IPXXU
|
+$152K |
| 5 |
Allego N.V. Warrants
ALLG.WS
|
+$5.8K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 99.87% |
| 2 | Materials | 0.05% |
| 3 | Industrials | 0.04% |
| 4 | Financials | 0.04% |
| 5 | Technology | 0% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
PUT
Wayfair
W
$15.6B
| $303K | 0.1% |
5,000
-89,200
| -95% | -$6.2M |
2022 Q4
3 quarters
|
|
27
iShares 0-1 Year Treasury Bond ETF
SHV
$23.5B
| $301K | 0.09% |
2,725
| – | – |
2023 Q1
2 quarters
|
|
28
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$51.2B
| $301K | 0.09% |
3,275
| – | – |
2023 Q1
2 quarters
|
|
29
PUT
Dutch Bros
BROS
$5.92B
| $232K | 0.07% |
10,000
| – | – |
2022 Q4
3 quarters
|
|
|
30
USA Rare Earth Inc
USAR
$3.93B
| $153K | 0.05% |
+15,000
| New | +$152K |
2023 Q3
0 quarters
|
|
|
AAC
31
DELISTED
Ares Acquisition Corporation
AAC
| $137K | 0.04% |
12,742
| – | – |
2022 Q4
3 quarters
|
|
32
DELISTED
Trailblazer Merger Corp I
TBMC
| $130K | 0.04% |
12,549
| – | – |
2023 Q2
1 quarter
|
|
33
CALL
Affirm
AFRM
$24.7B
| – | – |
-101,200
| Closed | -$1.55M | – |
|
34
PUT
Beyond Meat
BYND
$123M
| – | – |
-1,613
| Closed | -$628K | – |
|
35
PUT
Salesforce
CRM
$199B
| – | – |
-33,800
| Closed | -$7.14M | – |
|
36
PUT
DoorDash
DASH
$73.4B
| – | – |
-46,700
| Closed | -$3.57M | – |
|
37
PUT
Freshpet
FRPT
$3.13B
| – | – |
-18,600
| Closed | -$1.22M | – |
|
38
PUT
Futu Holdings
FUTU
$14.3B
| – | – |
-46,500
| Closed | -$1.85M | – |
|
39
PUT
GDS Holdings
GDS
$4.78B
| – | – |
-130,600
| Closed | -$1.44M | – |
|
40
PUT
GE Aerospace
GE
$312B
| – | – |
-173,290
| Closed | -$15.2M | – |
|
41
PUT
Hasbro
HAS
$16.7B
| – | – |
-19,300
| Closed | -$1.25M | – |
|
42
CALL
IBM
IBM
$239B
| – | – |
-11,300
| Closed | -$1.51M | – |
|
|
43
PUT
IBM
IBM
$239B
| – | – |
-32,700
| Closed | -$4.38M | – |
|
44
CALL
Lemonade
LMND
$3.51B
| – | – |
-71,700
| Closed | -$1.21M | – |
|
45
CALL
Life Time Group Holdings
LTH
$9.9B
| – | – |
-127,700
| Closed | -$2.51M | – |
|
|
46
PUT
Life Time Group Holdings
LTH
$9.9B
| – | – |
-82,400
| Closed | -$1.62M | – |
|
47
PUT
Live Nation Entertainment
LYV
$40.2B
| – | – |
-18,700
| Closed | -$1.7M | – |
|
48
PUT
Marathon Digital Holdings
MARA
$2.84B
| – | – |
-162,800
| Closed | -$2.26M | – |
|
49
PUT
Nike
NKE
$55.2B
| – | – |
-15,600
| Closed | -$1.72M | – |
|
50
PUT
Ormat Technologies
ORA
$5.64B
| – | – |
-7,000
| Closed | -$563K | – |
|
Similar funds
Jim Chanos's Q3 2023 Portfolio in Review
As of Q3 2023, Jim Chanos held 66 positions worth $318M, down 39% from $526M the previous quarter. Its ten largest holdings account for 96% of the portfolio.
Jim Chanos's Q3 2023 filing shows 3 new, 2 increased, 20 reduced and 34 closed positions. Its largest new stake was Invesco QQQ Trust: 2,134 shares worth $765K. The largest sale was State Street SPDR S&P Regional Banking ETF, an estimated $2.26M.
By sector, the portfolio is most concentrated in Miscellaneous at 100% of assets, up from 100% a quarter earlier, followed by Materials and Industrials.
- Jim Chanos's largest Q3 2023 buy was Invesco QQQ Trust: 2,134 shares worth $765K.
- Jim Chanos's biggest Q3 2023 reduction was State Street SPDR S&P Regional Banking ETF, cutting an estimated $2.26M.
- Jim Chanos fully exited Enviva Inc. in Q3 2023, selling an estimated $670K.
- Jim Chanos's ten largest holdings make up 96% of its $318M portfolio in Q3 2023.
- Jim Chanos opened 3 new positions and closed 34 in Q3 2023.
- Jim Chanos's portfolio value fell 39% quarter-over-quarter to $318M.
Based on Chanos & Company's 13F filing for Q3 2023, filed 14 Nov 2023.