Here’s the latest hedge fund Q4 13F wrap-up. 13F filings are long-only positions required by funds and other entities to be filed at the end of each quarter. Unfortunately, the data is released six weeks after the filings, so some data can be stale, but in the big picture, some interesting changes are worth watching. As always, I would like to thank my friends at Jones Trading – specifically Dave Lutz (great friend and sales trader extraordinaire) and Mike O”Rourke, who did a great job with the wrap-up. If you have an account with Jones, give them a trade or two this week, and if you don’t, find Dave on Bloomberg.
One big positive takeaway was the news that Stanley Druckenmiller’s firm initiated a new long position with PCT Pure Cycle. The news had the stock up over 10% in after-hours trading on Friday. This is significant because Stan is by far one of the most successful and respected fund managers… of all time! It brings validation for PCT, and we expect other funds to follow. Also not on this list but Luxor Capital also initiated a new long position with PCT and T Rowe Price added significantly (+90%) to PCT. One last note – Berkshire Hathaway exited their long SPY and VOO positions while decreasing overall equity exposure.
| JonesTrading Q4 2024– 13F Recap | ||
| Asset Manager | Position Status | Symbol |
| Alibaba | New | |
| Exited | ||
| Added | XPEV | |
| Reduced | PERF | |
| Alphabet | New | |
| (Google) | Exited | SNOW, RAPT |
| Added | ||
| Reduced | RVMD, GTLB | |
| Adage | New | GILD, SRRK, ALTM, SAIC, FERG, AON, BHLB, TREX |
| Exited | MRO, NVO, GTES, TDG, ASND, CTLT, BAX, TSM, PTGX, KMB | |
| Added | AVGO, COP, BMY, WCC, DAL, V, RPRX, DOV, ROK, FYBR | |
| Reduced | MMM, LLY, REGN, XOM, JNJ, MMC, AMGN, RGA, DHI | |
| ADW Capital | New | |
| Exited | ||
| Added | PAR | |
| Reduced | RICK, APG | |
| Alkeon | New | SARO, RBRK, CACI |
| Exited | ESTC, XP, MQ, LOAR | |
| Added | EXPE, VMC, MLM, LRCX, GE, TER,ALAB, TDG,PWR | |
| Reduced | AMAT, ASML, ARGX, ROST, BEKE, UBER, RARE, KROS | |
| Altimeter | New | CART, FLUT, TWLO, MU, TTAN |
| Exited | KWEB, AVGO, FUTU, LINE | |
| Added | NVDA, ALAB, GOOGL, Z, IOT | |
| Reduced | UBER, MSFT, SNOW, META, MELI, DUOL, CRM | |
| Amazon.com | New | |
| Exited | IONQ | |
| Added | ||
| Reduced | ||
| Appaloosa | New | GLW |
| Exited | ADBE, SWN | |
| Added | VST, NRG, JD, ASML, FXI, EXE, NVDA, LCRX, KWEB, BEKE | |
| Reduced | META, INTC, ORCL, WYNN, LVS, EQT, LYFT, AMZN, AR | |
| Apollo | New | IWM, SPY, ETHA, ACI, TKNO |
| Exited | INTC, BLCO, SATS, CCO, TGAWF | |
| Added | MFIC, ATUS, UNIT, CYH | |
| Reduced | ADT, HGV, AROC, SNCY, NBR, GCI, MNKD, PSBD | |
| Aquilo | New | PTGX |
| Exited | MRUS | |
| Added | BPMC, BCYC, IMTX, DTIL, RPTX, SLN | |
| Reduced | RGNX, ARVN, STRO, KYMR, ARWR | |
| Baker Bros | New | GRAL, CADL, VIR, NTLA, BNTX, IRON, RCKT, PTCT |
| Exited | TNGX, CRNX, ALEC, NAMS, PFE, BCRX | |
| Increased | INCY, INSM, ROIV, CRSP, EWTX, IMVT, CELC, PRAX | |
| Reduced | ONC, BMEA, DBVT, SGMT, RYTM | |
| Baillie Gifford | New | DKNG, TFII CN, SQM, XMTR, PAYS, BEPC, ABNB, EIX |
| Exited | MTD, ZUO, EXAI, VIR, CRSP, RMD, RSMD, ASND, IONS | |
| Added | APP, SE, DDOG, ELF, XYZ, BN, JOBY, AZO, NYT, RELY | |
| Reduced | MELI, MRNA, CPNG, NVDA, MCO, ELV, RACE, ALNY | |
| Balyasny | New | CSCO, DKS, LPLA, AIG, EXPE, UNM, EXR, BERY, DOV |
| Exited | CTLT, MDLZ, MRO, SBAC, WING, DDOG, RBLX, SQSP | |
| Added | AMZN, AJG, CRM, KO, SPY, AVGO, RTX, UNH, TRV | |
| Reduced | SPOT, CME, ADBE, NOC, META, MSFT, PGR, KNX | |
| Barometer Capital | New | NVDA, RY, TRP CN, STN CN, SU, SYK, MCK, VMC, GMAB |
| Exited | CM, AVGO, AEM, LLY, COST, GE, AAPL, IMO CN, K CN | |
| Increased | WCN, VIS, SPG, PGR, U, XME, PSLV/U CN, KCE, GDX | |
| Reduced | TRI, GD, SO, MSFT, MSI, HWM, COPX, RGA, META | |
| Baupost | New | FERG, HUM, SNRE, GPC |
| Exited | FIS, J, FTRE | |
| Added | QSR, WTW, WCC, HLF, EXP, CRH | |
| Reduced | CLVT, DG, SOLV, LBTYA, GOOG, LBTYK | |
| Beach Point | New | ACHC |
| Capital | Exited | LLAP |
| Added | MPLN | |
| Reduced | VEL, DBD, GBTG, DFLI | |
| Berkshire | New | STZ |
| Hathaway | Exited | VOO, SPY, ULTA |
| Added | DPZ, VRSN, SIRI, POOL, OXY | |
| Reduced | C, BAC, NU, CHTR, LPX, COF, TMUS, FWONK | |
| Bramshill | New | VGLT, SMH, OKE, WMB, ORI, VALE, XHB, XLU, OBDC |
| Exited | SHYG, MYI, GOLD, TAN, NEM, ICLN, RTX, WY, SUN | |
| Added | VCLT, NEAR, FTSM, NEA, NAD, MINT, SLQD, QQQ | |
| Reduced | TLT, XLV, AGNC, NLY, EL, BIRK, GLP, IEP, FRO | |
| Bridgewater | New | TSLA, NOW, BN, MRNA, PPL, SNPS, FE, ORCL, ETN, NTNX |
| Exited | MU, VOO, GS, EA, SPOT, VEEV, FANG, LVS, MS, AES, HLT | |
| Added | SPY, APP, T, VST, PYPL, CRM, EBAY, EXPE, BMY, HOOD | |
| Reduced | PG, JNJ, WMT, KO, AMAT, NVDA, IEMG, CVX, META, MSFT | |
| Brookfield | New | BEPC, CNP, UNP, NKE, AVB, PPL, SOBO CN, HST |
| Corp | Exited | BIPC, FER SM, UDR, BNL, ELS, MAC, KGS, CUZ |
| Increased | SBAC, TA CN, LNG, KMI, ET, TRGP, PCG, BNT CN | |
| Reduced | CCI, NEE, BABA, AMT, OKE, ENB, DUK, PLD, BIP | |
| Cadian | New | ROKU, IQV, EVH, MNDY, TTAN |
| Exited | PEGA, CXM, OMCL, HUBS, AUR, MIRM | |
| Added | NTNX, CRTO, SPT, MXCT, CYRS | |
| Reduced | GLBE, PCOR, PLNT, RELY, BBWI, CFLT, BIGC, USFD | |
| Cannell Capital | New | CZR, CLBR, ETON, CRON CN, MITK, PRTS, CDMO, FLWS |
| Exited | NBIS, LMB, STIM, GRWG, APLD, TACT | |
| Added | MDXG, CVCO, ARKO, CMPO, COMP, GBLI, SJT | |
| Reduced | ARLO, PRSU, OSUR, LDI, TIPT, TRUE, INSE, GCI | |
| Carlson Capital | New | BAC, HYG, K, HCP, DFS, WFC, USB, COP, BOKF, FHN |
| Exited | TFFP | |
| Added | HES | |
| Reduced | SWKH, MAGN | |
| Casdin | New | SEPN, AGIO, MRNA, FTRE, RXRX |
| Capital | Exited | GRAL, EXAI |
| Added | BEAM, NGNE, IPSC | |
| Reduced | RNA, RLAY, PVMD, ALNY, VCYT | |
| CastleKnight | New | TDS, SW, ASPN, MPLN, SBH, NRGV, TME, MIR, AGX, BTDR |
| Exited | NAPA, DAL, RCL, ATKR, STGW, BTE CN, LVS, FOUR, APO | |
| Increased | ARDT, GTLS, NRG, TSE, XYZ, AES, CYH, PLAY, MYTE | |
| Reduced | SMCI, WDC, CLS, VST, VRT, ZIM, PDD, ASML, MD | |
| Citadel | New | ZTS, ALC SW, PHM, CCI, NVR, ROST, PWR, HRI |
| Exited | SPOT, GS, IEF, RDDT, SBAC, GWW, DGX, MRO | |
| Added | BA, AMZN, AJG, UNH, BAC, EW, CRM, DIS | |
| Reduced | SPY, NVDA, C, BSX, PNC, TSLA, GEHC, ADBE | |
| Chilton | New | LEN, LEN/B, DT, APG, SCHO, LRCX, VGK, RSI |
| Investment | Exited | MLM, ETSY, WMG, MCW, HSY, OXY, EPD, MNDY |
| Added | SHW, HD, MSFT, PGR, TMO, CSX, UNH, HAS, IBM | |
| Reduced | CTAS, ODFL, MTD, SKY, ASML, MUSA, DPZ, LMT | |
| Clearbridge | New | SPOT, CHKP, TLN, FBIN, TGTX, RDDT, HOOD, NTRA |
| Exited | CEG, SMAR, HOLX, CERT, PCOR, ETSY, GEN, HHH | |
| Added | TSLA, ABNB, GOOGL, TEL, CRM, EQT, APP, CMG | |
| Reduced | UNH, ADBE, CMCSA, MSFT, TMO, NEE, ALC SW, AMT | |
| Coatue | New | RDDT, NOW, SCHW, HUBS, AFRM, OKTA, DDOG, MNDY |
| Exited | CMG, FXI, RMD, ENPH, NEE, GNRC, PINS, NVO, BX, NVAX | |
| Added | TEAM, APP, TSM, SPOT, SMCI, NFLX, DASH, FCNCA, VST | |
| Reduced | CEG, PDD, JD, BABA, KWEB, MSFT, CDNS, ETN, LLY, VRT | |
| Corvex | New | IBIT, UGI, TSM, ECG, WH |
| Exited | HXL, APD | |
| Added | DLTR, KOF, AMZN, TAC, CSX, FTRE, LNG, NSC | |
| Reduced | ILMN, MGM, MDU, LLYVK, LLYVA | |
| D1 | New | ELV, MMM, CRL, APP, NU, SNPS, BBWI, TOL, VST, COF |
| Exited | BAC, HDB, SBUX, XYZ, VIK, MTZ, AME, CCL, MSFT | |
| Added | ENTG, STZ, LINE, PM, PTC, QSR, LEN, ANSS, GEHC, META | |
| Reduced | XPO, AMZN, WMG, SPOT, LYV, LXEO, WRBY | |
| Deerfield | New | LEGN, KYMR, SEPN, TRTC, CMRX, THRD, SYRE, LUNG |
| Exited | KURA, SGRY, CVS, PACS, PODD, BNTX, AUTL , TNGX | |
| Increased | NAMS, DVAX, INDV, EMBC, VTRS, PHR, NVST, RVMD | |
| Reduced | NUVL, CPRX, SPRY, ALHC, MRUS, NBIX, GPCR, COGT | |
| DE Shaw | New | ALAB, LRCX, SMH, CE, TOST, SOXX, RBRK, ETHA |
| Exited | MRO, ROK, SWN, VEEV, XLB, PETQ, VALE, XLY, IBM | |
| Added | SPY, TSLA, BA, IVV, LLY, RDDT, INTU, BKNG, DHR | |
| Reduced | NVDA, WDAY, AAPL, LQD, UNH, TJX, CAT, SPOT | |
| Diameter | New | NBIS, VEON, NESR, ATI, BAH, NVRI, HUT |
| Exited | APLD, HOUS, AGNC, COMM | |
| Added | SATS, CCO, WBD, TDS, AMBP | |
| Reduced | SILA, CORZ, BLCO, TA CN, ATUS, BHC | |
| Dragoneer | New | DT, TTAN, INSP |
| Exited | RBRK, KIND, RDDT, SNOW | |
| Added | XYZ, PDD, CPNG | |
| Reduced | DAY, ZI, TEAM, BZ, DASH, JAMF. DUOL, RBLX, GLBE | |
| Duquesne | New | UAL, SKX, AMZN, SLM, DAL, WBD, LLY, BN, MU, PCT |
| Exited | AVGO, MAA, CPT, CNM, MSFT, ADBE, CRH, CB, ADSK | |
| Added | TEVA, YPF, INSM, X, ARGT, GEV, PM, WWD, VRNA | |
| Reduced | CPNG, KRE, FLUT, STX, FCX, TECK/B, C, DFS | |
| Ecor1 | New | SRPT, QURE, SWTX, MLTX, DNA, KYMR, FATE, UPB |
| Exited | CNTA, VRDN, NUVB, PCVX, EWTX, CLDX, IONS, PHVS | |
| Added | ZYME, XNCR, ATRA, DSGN, MBX, ANAB | |
| Reduced | KURA, TNGX, MRSN, RNA, RLAY, ALVR, AVIR | |
| Elliott | New | |
| Exited | CTLT, CAH, XLU | |
| Added | HDB, CRMD | |
| Reduced | LUV, NRG | |
| Eminence | New | GEHC, AAP, FRSH, MGRC, MGM, LKQ, DKNG, UHAL/B |
| Exited | SMAR, CBRE, MNDY, GPI, TKO, CP, CMAXQ | |
| Increased | ELV, ATMU, FERG, PRMB, FUN, ABG, CRM, PFGC | |
| Reduced | CRL, LPLA, CTVA, BERY, BABA, GXO, FWONK, Z, GTLB | |
| Empyrean | New | DFS, AES, CVS, CCIX, LBRDK, SNRE, TH, FLR |
| Exited | RCM, J, INTC, JNPR, CCIXU, OXY, ULS, GBTG, AMRK | |
| Added | PCG, ATUS, ACIC, HNRG, SHEL, SBGI, SABR, AEM | |
| Reduced | KBR, ALIT, BLCO, AGI CN, NGD CN, VTOL, HUT, ENVA | |
| Encompass | New | NESR, KGS, EQT, NXT, GLNG, TLN, FANG, CHRD |
| Capital | Exited | CEG, PBR, CNR, OKLO, GEV, ASPN, SWN, ENPH, FLNC |
| Added | EXE, FSLR, PRIM, OVV, GBX, SOC, GOGL, HBM CN | |
| Reduced | COP, AA, KEX, BKR, CRK, VRN CN, VST, CDLR, CIVI | |
| Engaged | New | GTLS |
| Exited | BL, NVRO | |
| Added | EVH | |
| Reduced | VYX, NATL, PRAA | |
| Eventide | New | GEV, DTM, LNG, RBA, ETR, FAST, CFLT, MU, DECK, GNRC, MDB |
| Exited | IDXX, TREX, CPRT, FLYW, ALV, EQR, RCM, GXO, COGT | |
| Added | SRRK, VRNA, BPMC, NTNX, AIT, FTDR, CDNS, MSI, HBAN | |
| Reduced | DHI, TT, WCN, TMDX, MPWR, ROL, ROP, ODFL, POOL, LOW | |
| ExodusPoint | New | DUK, AVGO, AAPL, PNC, ICLR, NTRS, ONB, TFC, KO |
| Exited | MDLZ, JNJ, DTE, CHD, FCX, KVUE, WDAY, DGX, STZ | |
| Added | CVX, C, EVRG, ED, CLX, IBIT, WFC, BAC, UNH, WMB, WM | |
| Reduced | MSFT, PPL, NI, BSX, LYB, EXC, ILMN, COO, TFX, GOOG | |
| Farallon | New | ADSK, MCK, SCHW, BMY, WAY, SPY, CAPR, GXO, WGS |
| Exited | CTLT, NOW, SPGI, SHW, SRCL, SWN, HWM, SQSP, THC | |
| Added | IBIT, TMO, HIMS, LNTH, CRNX, UNH, INTU, BBIO | |
| Reduced | CRM, IQV, WAB, NYT, MASI, MA, ADI, CBRE, TRU | |
| Glendon | New | BHLB |
| Exited | TCSGQ | |
| Added | EXE, DBD | |
| Reduced | WSBC, FPH | |
| Glenview | New | CNC, MSFT, JBTM, PINS, FMC |
| Exited | MRVL, WCC, STX, MTCH, DD, SEE, EVLV, LYV, LYFT | |
| Increased | ALIT, DNB, ZI, VTRS, MYGN, TFX, WDC, HSIC, UBER | |
| Reduced | CTVA, CI, CLVT, DXC, ESI, MCK, KNX, AMZN, BKD, CAR | |
| GQG Partners | New | MRVL, SPOT, SNOW, GOOGL, AXON, TRGP, KKR, HOOD |
| Exited | TCOM, ICE, CBOE, ASML, VALE, EC, AMAT, CVX, YPF | |
| Increased | NVDA, AVGO, GOOG, MSFT, PM, T, NFLX, PGR, AMZN | |
| Reduced | KO, XOM, PG, LLY, VZ, CL, META, DUK, MELI, CME | |
| New | CNC, SNX, ACHC, RSP, XRT | |
| Greenlight | Exited | THC, ODP, IAC, LIVN, PPA, XAR, DNMR |
| (DME) | Increased | PTON, CNH, WFRD, PENN, SDRL, TEVA, COYA, DHT, CPRI |
| Reduced | ALIT, VTRS, HPQ, KD, LBTYA, CNR, BHF, ROIV, GLD, OIH | |
| Icahn | New | |
| Exited | ||
| Added | IEP, UAN | |
| Reduced | SWX, CTRI, ILMN | |
| Ikarian Capital | New | SRRK, FBRX, TGTX, VIR, DRUG CN, ELDN, ACOG |
| Exited | ONC, SLNO, SLN, CAPR, WVE, AMGN, CRVO, ALNY | |
| Added | BPMC, CRNX, KOD, GPCR, VTYX, MLYS, TARA, LXEO | |
| Reduced | RCUS, CRBP, NRIX, ELVN, INSM, SRPT, PYXS, RARE | |
| Intel Corp | New | ZK |
| Exited | ALAB, SNTI | |
| Added | ||
| Reduced | JOBY | |
| Jana | New | MKL |
| Exited | FYBR, FTRE | |
| Added | LW, RPD | |
| Reduced | FIS, WOLF, SPY, TRMB | |
| Kayne Anderson | New | APPF, PBH, VERX, BZ, TTAN, DYNF, EFG, KMID, APTV |
| Rudnick Investment | Exited | VSTA, BCE, HST, MRNA, BLDR, BAH, RITM, WSM |
| Added | OLLI, LPLA, MDY, IBKR, TTC, HLI, WTS, DAVA, TDY | |
| Reduced | EME, ZWS, FICO, TER, RYAN, NDSN, FCN, SSD | |
| Key Group | New | AA, STLD, YPF, EXEEL, SLB |
| (KGH) | Exited | BTU, CTRA, MUR, PR, SU |
| Added | OXY, NXT, PAGP, GPK, X, VAL | |
| Reduced | AR, EQT, WFG CN | |
| Kryger | New | SUM, ALTM, BERY, FYBR, CLW, ALTR, GATO |
| Exited | HCP, AXNX, SWN, NVEI CN, SRCL, AY, VZIO, PRFT | |
| Added | EVRI | |
| Reduced | HES, K, SMAR, EDR | |
| Lakewood | New | ARW, CCI |
| Capital | Exited | FCNCA, ROIV, LSPD CN, EYE, BABA |
| Added | IBIT, ELV, SSNC, SW, JD, GPN, SDRL, NICE, LAW | |
| Reduced | GPI, FDX, APO, C, BC, CMCSA, COF, LBTYA, AXTA | |
| Lansdowne | New | MRNA |
| Exited | LLY, JD, HUYA, RERE | |
| Added | DAL, AMZN, ADI, LIN, RYAAY, ROK, MAR, TXN, FTV | |
| Reduced | FCX, SW, CRH, ETN, GOLD, FLUT, AEM, SPOT, VMC, GOLF | |
| Lone Pine | New | LLY, COF, FLUT, CIFR |
| Exited | UNH, BKNG, GEV | |
| Added | PM, SBUX, INTU, META, TLN | |
| Reduced | LEN, CEG, XYZ, AMZN, SPOT, ASML, CRM, VST | |
| Long Pond | New | DOC, REXR, CZR |
| Exited | NSA, FUN, STWD, HLT, NTST, TNL, WH, UDR, NXRT | |
| Added | PLYA, RRR, TRTX, WYNN, LEN, CPT, PGRE, MTH | |
| Reduced | SUI, HGV, SAFE, NNN, JBGS, FPH, MAA | |
| Maverick | New | WFC, CCL, MNST, APO, SNOW, WSC, ACHC, TSLA |
| Exited | QDEL, HUM, AVGO, SHC, K, W, DAWN, PLNT, LINE | |
| Added | TSM, MIR, AMZN, LPLA, NTRA, PINS, CNC, LRCX | |
| Reduced | CPNG, AMD, SBUX, STX, CART, NFLX, DASH, MELI | |
| Mawer | New | LULU, YUMC, OSIS, NTES, ESQ, NVDA |
| Exited | MRNA, CTSH, DG, DAVA, ULTA, CBZ, HUM | |
| Increased | RHI, AMZN, GOOG, V, FERG, MTCH, DE, TME, SNA, FDX | |
| Reduced | JNJ, MMC, UNH, SCCO, CDW, PG, ICE, AON, SPGI, MSFT | |
| New | JNPR, K ,DJT, GXO, MDB, DFS, FYBR, HPE, ALE | |
| Melqart | Exited | CPRI, RCM, CTLT, AXNX, AY, AMED, NVEI, INTC, AMD |
| Added | X, SMAR, HCP, MNDY, MRVL, ANSS, DT, INDV, WSC | |
| Reduced | ACI, SW, CYTK, MU, WDC, SDRL, HES, CIEN, SIMO, NTNX | |
| Moore Capital | New | MDY, AAPL, AJG, RBLX, WFC, PRMB, LPLA, BAC, SBUX |
| Exited | EQUIX, ABNB, SMH, ADBE, TSLA, DHR, XBI, J, PDD, PGR | |
| Added | NVDA, MSFT, AMZN, AMD, QCOM, GOOGL, GEV, TKO | |
| Reduced | RSP, FDX, ALL, TECK/B, ALLY, CCO CN, JCI, ELV, GDX | |
| Norges Bank | New | SW, LINE, FERG, ALAB, SARO, OS, CRDO, APTV, FN, SRRK |
| Exited | GD, CTLT, WRK, HOLI, CERE, AXNX, ETRN, LSXMK, WIRE | |
| Added | AAPL, TSLA, AVGO, NVDA, GOOGL, META, AMZN, BRK/A | |
| Reduced | LLY. BRK/B. AMAT. QCOM, TMUS, SNPS, SPG, PDD, WDAY | |
| Nvidia | New | WRD, NBIS |
| Exited | SOUN, SERV, NNOX | |
| Added | ||
| Reduced | ARM | |
| Oaktree | New | SNRE, GOLD, EXEEL, CPNG, MESO |
| Exited | ITUB, BBD, YY, BABA, HIMS, YPF, XP | |
| Added | EXE, LBTYA, NTES, HDB | |
| Reduced | SBLK, FCX, TLN, VALE, AU, JD, PBR, CBL, PDD, BZ, CX, TX | |
| Orbimed | New | UPB, EW, XBI, RAPT, FBRX, ITCI, GERN, CRDF, INSM |
| Advisors | Exited | AMGN, ELV, REGN, EVH, PCVX, SNDX, APLS, ICLR |
| Added | NBIX, CYTK, ALNY, FOLD, CGON, UHS, GILD, CGEM | |
| Reduced | BIIB, MRK, UNH, BIOA, NTRA, JANX, NMRA, LYEL | |
| Ontario Teachers | New | PONY, LLY, A LOT, CTVA, FCN, SLAB, EXLS, GEV, EMR |
| Exited | NSP, NTR, CAT, TGT, BCE, REGN, CUBE, MRO, BCO, MPC | |
| Added | BAC, LOGI, CNQ, HST, CVE, EOG, SU, MDU, VST, AAON | |
| Reduced | ABBV, MSFT, HON, CB, CMCSA, LOW, DE, CRM, BDX | |
| Palo Alto | New | JSPR, AKTX |
| Investors | Exited | RVNC, SAGE, ELEV, BLUE |
| Increased | ACAD, NVCR, PTCT, BCYC, PYXS, ABEO | |
| Reduced | INSM, STAA, BIIB, FOLD, UTHR, BMRN, ALKS, RLMD | |
| Paulson | New | GOOGL |
| Exited | ATUS, SWN, TELL | |
| Added | THRY | |
| Reduced | ||
| Pentwater | New | ALTM, DFS, JWN, ENLC, BERY, ATSG, SUM, IPG |
| Exited | SRCL, VZIO, MRO, NVEI, PWSC, PRFT, PETQ, AXNX | |
| Increased | SMAR, HES, BA, JNPR, LBRDK, PSTX, EDR, PARA | |
| Reduced | HUBS, X, HCP, CPRI, CCK, CYTK, SIRI, ANSS | |
| Perceptive | New | JANX, IKT, PEN, SEPN, DRUG CN, AVR, EW, RAPT, NARI |
| Advisors | Exited | BHVN, TIL, LIVN, SWTX, MDT, IRON, ICLR, ARQT |
| Increased | VRNA, PRAX, PODD, RYTM, AMLX, EWTX, CNTA | |
| Reduced | NUVL, SLNO, PCVX, IOVA, FOLD, APGE, VKTX | |
| Pershing Square | New | |
| Exited | SEG-R | |
| Added | BN, SEG, NKE | |
| Reduced | HLT, CMG | |
| Point72 | New | AMZN, T, DIS, CRM, UNP, ETR, FDX, NFLX, UNH |
| Exited | GOOGL, PINS, RDDT, AMD, NOC, TT, ZS, ETN | |
| Added | MSFT, INTU, KO, TSM, SNOW, DHR, CCL, ADBE, BA | |
| Reduced | SHEL, CMCSA, ALGN, ONC, FTV, ROST, VLO, DLR | |
| Pointstate | New | SCHW, ULTA, COF, GLNG, HUBB, FERG, UBER, COOP |
| Capital | Exited | AVGO, LYV, CNM, MAR, PCOR, AMZN, XME, TEAM |
| Added | CRH, ILMN, TEVA, BAC, VST, GRAB, WCC, RBRK | |
| Reduced | MRVL, APO, CPNG, COHR, DASH, KKR, NTRA | |
| Polar Capital | New | ALAB, HOOD, GLW, RDDT, SNOW, GMED, TWLO, EA, Z |
| Holdings | Exited | TER, PI, MDB, CDNS, LBPH, SPGI, ICLR, BCYC, SLN |
| Increased | ELVN, NU, MRVL, CLS, CIEN, CRDO, VTEX, COHR, DDOG | |
| Reduced | AMD, MPWR, FSLR, MELI, KLAC, MU, QCOM, ANET, HCA | |
| RA Capital | New | SEPN, CBI, TXG, KURA, ZLAB, NRIX, EYPT, CBLL, TVTX |
| Management | Exited | BIIB, CGON, ANRO, NUVL, TNYA, CRVO, ADGM, MGX, ANTX |
| Added | JANX, NAMS, ACLX, VOR, CDTX, TARA, SCLX, ASND, TYRA | |
| Reduced | EVH, RXST, VRNA, RXRX, APGE, GPCR, GERN, BIOA | |
| Redmile | New | CBLL, POD, SLDB |
| Exited | AUGX, CTLT, GRTSQ, CABA | |
| Added | RAPT, REPL, ETNB, PEN, ESTA, LIVN, ATXS, NGNE, SLN | |
| Reduced | IGMS, KRYS, FATE, KYMR, FOLD, COGT, IMNM, ADCT | |
| Redwood | New | ATRO |
| Capital | Exited | LOMA, CCL, NBIS |
| Management | Added | X, SATS, EHTH |
| Reduced | AER, MSC | |
| Rock Springs | New | SRRK, THC, JANX, ARDX, TARS, SLNO, ETNB, NGNE, ATEC |
| Exited | HUM, ALGN, NVO, JNJ, CYTK, BMRN, KRYS, AUPH, DVAX | |
| Added | MDGL, BPMC, TVTX, NAMS, ACRS, FOLD, RVMD, SWTX | |
| Reduced | UNH, EXAS, RARE, EVH, ACHC, AGL, ISRG, AGIO, FRPT | |
| New | QQQ, GS, MS, DFS, ORCL, SWKS, MU, IWM, ALAB, TRP CN | |
| Rokos | Exited | ADBE, CIEN, SMH, IBM, AAPL, MTZ, PWR, DECK, ANF |
| Added | META, NVDA, CRM, MPWR, DDOG, BAC, COHR, MRVL | |
| Reduced | AMD, AVGO, TEAM, MSFT, GOOGL, LLY, WDAY, GGAL | |
| RTW | New | VRNA, GMED, ZLAB, RAPT, CRVS, IMVT, PEPG, CMPS, CBLL |
| Investments | Exited | GERN, GKOS, TEM, TXG, SABS |
| Added | SYK, ARGX, PEN, XNCR, ALKS, AKRO, QURE, RDNT, REPL | |
| Reduced | RNA, DYN, BRKR, MASI, IMTX, ACAD, AXSM, INSM, SAGE | |
| Sachem | New | SYF, OKTA, WBD, ACHC |
| Head | Exited | APD, MOG/A, GDS, IART |
| Added | WDC, COHR, NXT | |
| Reduced | CVS, ZI, USFD, CXM, TLN | |
| New | AJG, WDC, KR, DRI, NBIS, AVGO, FUN, UNH, SYF, DKS | |
| Samlyn | Exited | TTWO, NFLX, AMD, CMA, BUD, FMX, GOOGL, CPRI, BFAM |
| Added | COF, BAC, META, ROST, SBUX, TFC, FSLR, WBS | |
| Reduced | FLUT, ICE, SPOT, DFS, MSFT, HAS, DKNG, KBR | |
| New | EL, PDD, HCA, BRKR, VFC, MAGN, OSCR, GOOS | |
| Scion | Exited | FOUR, OLPX, REAL |
| (Michael Burry) | Added | ACIC |
| Reduced | JD, BABA, MOH | |
| Silver Point | New | HCC, TPX |
| Exited | ||
| Added | TDS | |
| Reduced | GPOR, MSC, MPW, SATS | |
| Softbank | New | RXRX, PACB, BETR |
| Exited | EXAI, IONQ, DASH | |
| Added | VTEX, YMM, GWH | |
| Reduced | NU, NMRA, LMND | |
| Soroban | New | CSGP, SBAC |
| Exited | CRH, CMS | |
| Added | MSFT, GOOGLE, FE, VRSN | |
| Reduced | WEC, AEP, AEE, PPL, BN, MA, V | |
| Soros | New | IWM, AJG, SPY, LQD, KWEB, CYBR, UNH, FSLR, VTR |
| Exited | IVV, AXNX, SATS, GPN, SRCL, MRK, VMC, CHX, RITM | |
| Added | GOOGL, CRM, SW, CAN, AMZN, GFL, IBKR, RUN, VIK | |
| Reduced | XLF, BABA, J, BSX, EMXC, AUR, BKNG, DHI, SNY | |
| Starboard | New | KVUE, PFE, HR, IJH, RIOT |
| Exited | HUM, IWN | |
| Added | MTCH, ALIT, AQN CN | |
| Reduced | CRM, ADSK, WIX, FTRE, GDOT, NWS, GDDY | |
| TCG | New | UPB, TNGX, DNTH, CDTX, RAPT |
| Crossover | Exited | EWTX, TARS, ANTX |
| Added | EYPT, KOD, XNCR, THRD | |
| Reduced | KROS, ADVM | |
| TCI Fund | New | |
| Management | Exited | |
| Added | MSFT, FER SM | |
| Reduced | GE, GOOG, CNI | |
| Temasek | New | RSP, XLF, HOOD, BSX, INDA, ESTC, PINS, NKE, TEAM |
| Exited | EWT, JPST, PULS, GPN, CRM, AES, GGR, BRZE, IMAB, GERN | |
| Added | NVDA, PDD, HTHT, YUMC, ORCL, HDB, ETN, EMR, CMI | |
| Reduced | BABA, ONC, META, TMO, UNH, MSFT, SE, GOOGL, KWEB | |
| Third Point | New | TMO, COF, FTV, WDAY, DFS, PRMB, SDRL, SHCO |
| Exited | BBWI, AAPL, ROP, APH, CVS, ANSS, USM, HE, JWSWF | |
| Added | TDS, FLUT, LPLA, TSLA, META, EQT, CRH, CRS, BN | |
| Reduced | VST, MSFT, DHR, CNK, APO, LYV, CPAY, PCEG, AMZN | |
| Tiger Global | New | ZS, PDD, CSGP, TTAN, VEEV, PONY, SARO |
| Exited | ZI, TOST, STNE | |
| Added | SPOT, RDDT, LLY, SHW, CPNG, FWONK, LRCX | |
| Reduced | UNH, NU, APO | |
| Tremblant | New | ROKU, MNDY, GAP, ONON, CSGP, BBWI, MTCH, EL |
| Exited | SMAR, FIVE, APD | |
| Added | VSCO, TCOM, GRAB, FIVN, AVDX, CPNG, NCNO | |
| Reduced | GOOGL, QTWO, KDP, BIDU, WAB, AMZN, CHTR | |
| Trian | New | |
| Exited | ||
| Added | SOLV, UHAL, UHAL/B, WEN | |
| Reduced | ALL, FERG | |
| Tudor | New | FYBR, LMT, INTC, HON, AJG, ALTM, ALTR, UNH |
| Exited | BAC, QCOM, ADSK, HUM, OXY, HWM, BDX, CVNA | |
| Added | IBIT, IVV, XLE, AMZN, K, ESGR, TSLA, HES, STZ | |
| Reduced | SPY, EDR, NVDA, GOOGL, TSM, AIG, EL, TT, QQQ | |
| Two Sigma | New | SOFI, INTC, NEE, RDDT, TOST, CNC, PANW, RKLB, MPC |
| Advisors | Exited | WFC, SHW, QQQ, IVV, SPY, XLV, XLK, APH, LULU, IWF |
| Added | AMZN, META, TSLA, NFLX, BHR, ADBE, ABNB, LNG | |
| Reduced | MU, BMY, TGT, CRWD, ABT, AVGO, PFE, NKE, EL, SPOT | |
| ValueAct | New | AMZN |
| Exited | ||
| Added | LLYVK, LLYVA, LYV | |
| Reduced | TOST, CRM, EXPE, DIS | |
| Venbio | New | LYEL |
| Exited | ||
| Increased | ||
| Reduced | ALMS, HRMY, SLRN | |
| Viking Global | New | UNH, TSM, BA, MNST, ICE, ROST, SKX, AAL, COO, AMT |
| Exited | AAPL, WDAY, LVS, MCD, VRT, ACHC, CBRE, CCL, FCX | |
| Added | JPM, SCHW, INTU, CMCSA, GOOGL, SBUX, DASH, NFLX, BAC | |
| Reduced | ADBE, PM, USB, PGR, TEAM, SHW, SPOT, AMZN, GEV | |
| Whale Rock | New | RDDT, TEAM, AAPL ,TWLO, ALKT, TTAN |
| Exited | MPWR, GWRE, NWSA, AAOI | |
| Added | AVGO, AMZN, CRM, SMTC, RBLX, WIX, CVNA, META | |
| Reduced | MSFT, GOOGL, OKTA, NU, PDD, CRTO, DPNG, HPE | |
| Source: Bloomberg | ||