READYSTATE ASSET MANAGEMENT LP
Long book
$974.7M
Q1 2026
Positions
374
Top-10 weight
31%
concentration
Last quarter
+10.6%
SPY +14.8%
Turnover
56%
of book per quarter
Strategy in plain words
auto-generated from filingsREADYSTATE ASSET MANAGEMENT LP is a quantitative fund whose holdings reflect models, not opinions, running a $974.7M US long book across 374 positions.
The portfolio is moderately concentrated (top 10 ≈ 31% of the book). Turnover is high — positions rotate quickly, so individual names matter less than the process. Current anchor positions: NORFOLK SOUTHERN CORP, WARNER BROS DISCOVERY INC, SOLENO THERAPEUTICS INC, MASIMO CORP, IMMUNOME 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 5 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
-0.8%
Q2 2024
+6.0%
Q3 2024
+5.3%
Q4 2024
-6.2%
Q1 2025
+8.2%
Q2 2025
+9.2%
Q3 2025
+9.2%
Q4 2025
-3.8%
Q1 2026
+10.6%
Sector allocation
Other 17%
Technology 15%
Industrials 13%
Healthcare 12%
Communications 9%
Financials 9%
Energy 7%
Services media 5%
Long book by quarter
What does READYSTATE ASSET own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NSC NORFOLK SOUTHERN CORP | Industrials | 183.8K | $52.8M | 5.4% | New |
| WBD WARNER BROS DISCOVERY INC | Communications | 1.7M | $45.6M | 4.7% | +424.7% |
| SLNOEUR SOLENO THERAPEUTICS INC | — | 952.2K | $31.9M | 3.3% | +8.9% |
| MASI* MASIMO CORP | — | 171.1K | $30.4M | 3.1% | New |
| IMNM IMMUNOME INC | Healthcare | 1.3M | $28.5M | 2.9% | -29.4% |
| HSY HERSHEY CO/THE | Consumer staples | 129.5K | $26.9M | 2.8% | -67.3% |
| TXNM TXNM ENERGY INC | Utilities | 456.4K | $26.7M | 2.7% | Held |
| EA ELECTRONIC ARTS INC | Technology | 94.9K | $19.3M | 2.0% | New |
| KVUE KENVUE INC | Other | 1.1M | $18.2M | 1.9% | +76.8% |
| LBRDK LIBERTY BROADBAND-C | Communications | 357.9K | $18.0M | 1.8% | -17.4% |
| GT GOODYEAR TIRE & RUBBER CO | Other | 2.6M | $17.3M | 1.8% | +45.8% |
| SHOP SHOPIFY INC - CLASS A | Technology | 120.4K | $14.3M | 1.5% | New |
| HAS HASBRO INC | Other | 151.6K | $14.2M | 1.5% | New |
| EVAC EQV VENTURES ACQUISITION C-A | Financials | 1.4M | $13.9M | 1.4% | New |
| CLW CLEARWATER PAPER CORP | Other | 781.4K | $11.2M | 1.2% | +2.5% |
| CZR CAESARS ENTERTAINMENT INC | Services media | 409.7K | $10.8M | 1.1% | -52.0% |
| MDLN MEDLINE INC-CL A | Healthcare | 241.3K | $10.7M | 1.1% | New |
| OLN OLIN CORP | Materials | 350.8K | $10.4M | 1.1% | New |
| DOCU DOCUSIGN INC | Technology | 217.5K | $10.3M | 1.1% | New |
| SIRI SIRIUS XM HOLDINGS INC | Communications | 439.3K | $10.1M | 1.0% | -22.3% |
| MSFT MICROSOFT CORP | Technology | 27.1K | $10.0M | 1.0% | +220.0% |
| META META PLATFORMS INC-CLASS A | Technology | 17.4K | $9.9M | 1.0% | +202.5% |
| CVX CHEVRON CORP | Energy | 40.0K | $8.3M | 0.8% | New |
| QURE UNIQURE NV | Healthcare | 504.7K | $8.3M | 0.8% | +39.6% |
| OCUL OCULAR THERAPEUTIX INC | Healthcare | 883.6K | $7.5M | 0.8% | New |
| HAL HALLIBURTON CO | Energy | 187.7K | $7.3M | 0.8% | New |
| TSLA TESLA INC | Industrials | 18.1K | $6.7M | 0.7% | +154.3% |
| VG VENTURE GLOBAL INC-CL A | Utilities | 414.6K | $6.5M | 0.7% | -81.3% |
| COUR COURSERA INC | Technology | 1.1M | $6.5M | 0.7% | New |
| AVTR AVANTOR INC | Healthcare | 788.3K | $6.2M | 0.6% | -3.1% |
| PSX PHILLIPS 66 | Energy | 32.4K | $5.9M | 0.6% | New |
| OXY OCCIDENTAL PETROLEUM CORP | Energy | 90.2K | $5.9M | 0.6% | New |
| KLAC KLA CORP | Other | 4.0K | $5.8M | 0.6% | New |
| AAPL APPLE INC | Technology | 23.0K | $5.8M | 0.6% | +96.2% |
| MU MICRON TECHNOLOGY INC | Technology | 16.1K | $5.4M | 0.6% | New |
| COMP COMPASS INC - CLASS A | Real estate | 708.0K | $5.2M | 0.5% | -58.3% |
| AMZN AMAZON.COM INC | Consumer discretionary | 24.4K | $5.1M | 0.5% | +94.8% |
| TWLO TWILIO INC - A | Technology | 39.9K | $5.0M | 0.5% | +26.5% |
| COP CONOCOPHILLIPS | Energy | 37.9K | $5.0M | 0.5% | New |
| AVGO BROADCOM INC | Technology | 15.9K | $4.9M | 0.5% | +69.7% |
| MMED MINIMED GROUP INC | Healthcare | 315.0K | $4.7M | 0.5% | New |
| GH GUARDANT HEALTH INC | Healthcare | 48.4K | $4.5M | 0.5% | New |
| WULF TERAWULF INC | Financials | 308.5K | $4.5M | 0.5% | New |
| PYPL PAYPAL HOLDINGS INC | Services media | 98.2K | $4.4M | 0.5% | New |
| DCH DAUCH CORPORATION | Industrials | 739.4K | $4.4M | 0.4% | +15.7% |
| NCNO NCINO INC | Technology | 287.1K | $4.3M | 0.4% | New |
| HRI HERC HOLDINGS INC | Services media | 43.1K | $4.3M | 0.4% | New |
| ACCO ACCO BRANDS CORP | Other | 1.4M | $4.2M | 0.4% | -6.8% |
| PR PERMIAN RESOURCES CORP-CL A | Energy | 194.5K | $4.1M | 0.4% | New |
| MKTX MARKETAXESS HOLDINGS INC | Financials | 24.9K | $4.1M | 0.4% | +6.7% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 806 | $2.23B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 386 | $2.47B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 7, 2025 | 355 | $2.35B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 7, 2025 | 591 | $3.27B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 6, 2025 | 589 | $3.00B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 601 | $3.25B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 14, 2024 | 521 | $5.36B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 14, 2024 | 674 | $3.08B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 878 | $7.07B | canonical | SEC ↗ |
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