Balyasny Asset Management L.P.
Long book
$48.65B
Q1 2026
Positions
2035
Top-10 weight
12%
concentration
Last quarter
+13.8%
SPY +14.8%
Turnover
44%
of book per quarter
Strategy in plain words
auto-generated from filingsBalyasny Asset Management L.P. is a multi-strategy platform where dozens of independent teams trade, running a $48.65B US long book across 2035 positions.
The portfolio is broadly diversified across 2035 positions (top 10 only 12%). The portfolio is actively managed, with meaningful quarterly turnover. Current anchor positions: AMAZON.COM INC, NVIDIA CORP, WARNER BROS DISCOVERY INC, META PLATFORMS INC-CLASS A, APPLE INC.
Over the last 9 quarters its long book ran on average 0.3pp per quarter behind the S&P 500, beating the index in 4 of 9 quarters. Signal value of individual moves is limited — treat changes as weak evidence.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
-0.6%
Q2 2024
+8.4%
Q3 2024
+1.1%
Q4 2024
-4.2%
Q1 2025
+9.9%
Q2 2025
+7.5%
Q3 2025
+3.8%
Q4 2025
-2.1%
Q1 2026
+13.8%
Sector allocation
Technology 19%
Industrials 17%
Financials 13%
Consumer discretionary 10%
Healthcare 9%
Other 9%
Services media 7%
Utilities 5%
Long book by quarter
What does Balyasny Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| AMZN AMAZON.COM INC | Consumer discretionary | 4.3M | $904.5M | 1.9% | -19.3% |
| NVDA NVIDIA CORP | Technology | 4.2M | $734.6M | 1.5% | -29.0% |
| WBD WARNER BROS DISCOVERY INC | Communications | 25.1M | $689.7M | 1.4% | +174.5% |
| META META PLATFORMS INC-CLASS A | Technology | 1.2M | $667.0M | 1.4% | +518.9% |
| AAPL APPLE INC | Technology | 2.3M | $592.5M | 1.2% | +254.5% |
| GOOGL ALPHABET INC-CL A | Technology | 1.6M | $450.6M | 0.9% | -26.7% |
| RTX RTX CORP | Industrials | 2.2M | $427.8M | 0.9% | +6622.7% |
| KVUE KENVUE INC | Other | 24.6M | $423.5M | 0.9% | +1.4% |
| TXNM TXNM ENERGY INC | Utilities | 7.1M | $417.0M | 0.9% | +108.9% |
| NSC NORFOLK SOUTHERN CORP | Industrials | 1.3M | $384.2M | 0.8% | -19.8% |
| HO1 HOLOGIC INC | — | 4.7M | $357.0M | 0.7% | +193.7% |
| ROST ROSS STORES INC | Consumer discretionary | 1.6M | $340.1M | 0.7% | -0.7% |
| TGT TARGET CORP | Consumer discretionary | 2.6M | $316.3M | 0.7% | +2995.2% |
| STZ CONSTELLATION BRANDS INC-A | Consumer staples | 2.1M | $314.1M | 0.6% | +9479.8% |
| JCI JOHNSON CONTROLS INTERNATION | Industrials | 2.3M | $302.9M | 0.6% | +27.8% |
| PFE PFIZER INC | Healthcare | 10.5M | $294.0M | 0.6% | +22.5% |
| PH PARKER HANNIFIN CORP | Industrials | 323.5K | $289.6M | 0.6% | +7.2% |
| CTRA COTERRA ENERGY INC | — | 8.1M | $284.5M | 0.6% | +8460.5% |
| TMO THERMO FISHER SCIENTIFIC INC | Other | 555.5K | $273.0M | 0.6% | +6431.9% |
| KKR KKR & CO INC | Financials | 2.9M | $270.5M | 0.6% | +461.3% |
| AMAT APPLIED MATERIALS INC | Technology | 783.3K | $267.7M | 0.6% | +21.4% |
| ORLY O'REILLY AUTOMOTIVE INC | Consumer discretionary | 2.8M | $259.2M | 0.5% | +57.6% |
| SLAB SILICON LABORATORIES INC | Technology | 1.2M | $256.8M | 0.5% | New |
| ODFL OLD DOMINION FREIGHT LINE | Industrials | 1.3M | $254.7M | 0.5% | +23399.6% |
| PEN PENUMBRA INC | Healthcare | 762.1K | $250.2M | 0.5% | +370.7% |
| C CITIGROUP INC | Financials | 2.1M | $239.4M | 0.5% | +549.5% |
| ETSY ETSY INC | Services media | 4.6M | $227.8M | 0.5% | +114.9% |
| PGR PROGRESSIVE CORP | Financials | 1.1M | $218.5M | 0.4% | +6379.7% |
| MRK MERCK & CO. INC. | Healthcare | 1.8M | $218.0M | 0.4% | -17.1% |
| GS GOLDMAN SACHS GROUP INC | Financials | 253.4K | $214.4M | 0.4% | +690.2% |
| CRH CRH PLC | Industrials | 2.0M | $213.4M | 0.4% | +161.0% |
| ABNB AIRBNB INC-CLASS A | Services media | 1.7M | $212.9M | 0.4% | +15230.1% |
| APD AIR PRODUCTS & CHEMICALS INC | Materials | 725.1K | $210.6M | 0.4% | +343.1% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 439.4K | $210.6M | 0.4% | +1.1% |
| GTLS CHART INDUSTRIES INC | Industrials | 1.0M | $210.3M | 0.4% | +62.9% |
| NVT NVENT ELECTRIC PLC | Industrials | 1.8M | $210.0M | 0.4% | +25.7% |
| BLK BLACKROCK INC | Financials | 210.3K | $202.3M | 0.4% | +516.1% |
| MDLZ MONDELEZ INTERNATIONAL INC-A | Consumer staples | 3.5M | $201.1M | 0.4% | +17963.9% |
| GOOG ALPHABET INC-CL C | Technology | 689.9K | $197.9M | 0.4% | -7.8% |
| D DOMINION ENERGY INC | Utilities | 3.2M | $195.9M | 0.4% | +179.0% |
| FIVE FIVE BELOW | Consumer discretionary | 848.1K | $193.8M | 0.4% | -2.5% |
| ROK ROCKWELL AUTOMATION INC | Other | 530.8K | $190.5M | 0.4% | -5.3% |
| LMT LOCKHEED MARTIN CORP | Industrials | 303.1K | $183.2M | 0.4% | +2449.8% |
| UAL UNITED AIRLINES HOLDINGS INC | Industrials | 2.0M | $181.6M | 0.4% | +40607.1% |
| TTWO TAKE-TWO INTERACTIVE SOFTWRE | Technology | 918.9K | $181.5M | 0.4% | -23.3% |
| SRE SEMPRA | Utilities | 1.8M | $175.8M | 0.4% | +128.0% |
| DDOG DATADOG INC - CLASS A | Technology | 1.5M | $174.1M | 0.4% | +1662.7% |
| MELI MERCADOLIBRE INC | Services media | 100.0K | $172.9M | 0.4% | +136.4% |
| V VISA INC-CLASS A SHARES | Services media | 568.5K | $171.8M | 0.4% | +32.7% |
| KO COCA-COLA CO/THE | Consumer staples | 2.2M | $167.8M | 0.3% | +190.8% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 3117 | $77.09B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 3338 | $78.78B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 14, 2025 | 2843 | $78.91B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 2740 | $66.41B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 2727 | $60.48B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 2682 | $67.14B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 2704 | $61.31B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 2512 | $57.14B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 2605 | $57.25B | canonical | SEC ↗ |