Hedge fund

Balyasny Asset Management L.P.

13F for the quarter to June 30, 2026, filed August 14, 2026 · SEC CIK 1218710

Reported value: $53.0bn
Positions we cover: 1,783
Copy, a year: +13.6%
Copy Sharpe ratio: 0.68

How copying its 13F would have done

CopyS&P 500 $10,000 copying Balyasny Asset Management L.P.'s filed holdings in companies we cover from August 16, 2013, buying on the first trading day after each 13F was filed and holding until the next, against the S&P 500 (total return). Marked weekly, log scale. Before costs and taxes; misses trading within each quarter and anything 13F does not show (shorts, cash, bonds, non-US holdings).

Biggest drop −40.1% (S&P 500 −31.8%); beta 1.08; alpha −1.1% a year (t = −0.68); last 12 months +14.1% against +12.1%.

Reported value by quarter

Balyasny Asset Management L.P.: 13F reported value Total value of all positions in each quarter's 13F, as filed (values before 2023 were filed in thousands of dollars and are converted).

View chart data

Period	Reported value
2013-06-30	$4.1B
2013-09-30	$5.7B
2013-12-31	$5.8B
2014-03-31	$6.6B
2014-06-30	$5.8B
2014-09-30	$7.8B
2014-12-31	$8B
2015-03-31	$9.9B
2015-06-30	$12.8B
2015-09-30	$11.6B
2015-12-31	$13.1B
2016-03-31	$13.2B
2016-06-30	$12.1B
2016-09-30	$16.7B
2016-12-31	$15.8B
2017-03-31	$19B
2017-06-30	$21B
2017-09-30	$22.2B
2017-12-31	$27.8B
2018-03-31	$20.5B
2018-06-30	$19B
2018-09-30	$18B
2018-12-31	$12.7B
2019-03-31	$13.8B
2019-06-30	$14.1B
2019-09-30	$13.3B
2019-12-31	$15.5B
2020-03-31	$7.6B
2020-06-30	$9.6B
2020-09-30	$11.1B
2020-12-31	$15.3B
2021-03-31	$16.6B
2021-06-30	$18.2B
2021-09-30	$20.5B
2021-12-31	$22.6B
2022-03-31	$21.9B
2022-06-30	$23.1B
2022-09-30	$25.2B
2022-12-31	$27.6T
2023-03-31	$30.1B
2023-06-30	$35.3B
2023-09-30	$35.1B
2023-12-31	$35.3B
2024-03-31	$37.8B
2024-06-30	$38B
2024-09-30	$38B
2024-12-31	$42.3B
2025-03-31	$39.4B
2025-06-30	$43.4B
2025-09-30	$48.1B
2025-12-31	$51.3B
2026-03-31	$48.7B
2026-06-30	$53B

Holdings and moves

Company	Share of portfolio	Value	Shares	Change in shares
AMZNAmazon	2.15%	$1.1bn	4.77M	+9.8% Added
NVDANVIDIA Corporation	1.22%	$647.8m	3.24M	−23.1% Reduced
SPCXSpace Exploration Technologies Corp	1.10%	$580.5m	3.40M	New
AESAES Corporation	0.96%	$507.7m	34.63M	+209.7% Added
TXNTexas Instruments	0.85%	$448.9m	1.51M	+7954.6% Added
ROKURoku, Inc	0.82%	$434.8m	3.15M	+1277.1% Added
GOOGLAlphabet Inc. (Class A)	0.80%	$422.3m	1.18M	−24.6% Reduced
TXNMTxnm Energy Inc	0.76%	$403.9m	7.11M	−0.3%
AAPLApple Inc.	0.74%	$389.7m	1.35M	−42.3% Reduced
KVUEKenvue	0.72%	$379.5m	19.86M	−19.2% Reduced
MMM3M	0.70%	$373.5m	2.31M	+29246.7% Added
METAMeta Platforms	0.67%	$356.4m	632.7K	−45.7% Reduced
NSCNorfolk Southern	0.66%	$349.6m	1.11M	−17.0% Reduced
PENPenumbra Inc	0.65%	$344.2m	1.09M	+43.0% Added
MDLZMondelez International	0.65%	$341.5m	5.90M	+69.3% Added
SLABSilicon Laboratories Inc.	0.64%	$340.9m	1.56M	+26.4% Added
BLKBlackRock	0.61%	$322.1m	335.0K	+59.3% Added
TTTrane Technologies	0.59%	$312.3m	635.8K	+87.3% Added
AMDAdvanced Micro Devices	0.56%	$294.4m	506.7K	+40.1% Added
COSTCostco	0.54%	$284.4m	304.0K	+109.5% Added
ORLYO'Reilly Automotive	0.52%	$276.0m	3.00M	+6.7% Added
UALUnited Airlines Holdings	0.51%	$269.1m	1.98M	+0.3%
USBU.S. Bancorp	0.51%	$267.9m	4.43M	New
HBANHuntington Bancshares	0.49%	$260.5m	14.69M	+167.5% Added
APHAmphenol	0.48%	$256.7m	1.46M	+7406.9% Added
AMEAmetek	0.48%	$254.7m	1.05M	+37.9% Added
CBRSCerebras Systems Inc.	0.47%	$247.6m	1.12M	New
STXSeagate Technology	0.47%	$247.2m	256.2K	−35.3% Reduced
ABNBAirbnb	0.46%	$243.3m	1.70M	+0.9% Added
SPOTSpotify Technology S.a.	0.46%	$243.1m	529.5K	+61.1% Added
ASMLAsml Holding NV	0.46%	$241.2m	121.2K	+56.2% Added
DDOGDatadog, Inc.	0.45%	$237.3m	911.4K	−38.2% Reduced
ECLEcolab	0.43%	$225.7m	810.1K	+646.7% Added
TMOThermo Fisher Scientific	0.43%	$225.4m	449.6K	−19.1% Reduced
MSFTMicrosoft Corporation	0.42%	$223.8m	600.0K	+89.3% Added
NOWServiceNow	0.42%	$220.8m	2.22M	+14143.9% Added
TSMTaiwan Semiconductor Manufacturing Co LTD	0.41%	$219.5m	459.6K	+89.7% Added
PHParker Hannifin	0.41%	$217.5m	222.4K	−31.2% Reduced
SNOWSnowflake Inc.	0.40%	$210.5m	827.1K	+110.3% Added
TTWOTake TWO Interactive Software Inc	0.39%	$206.2m	824.9K	−10.2% Reduced
RTXRTX Corporation	0.38%	$203.5m	1.07M	−51.6% Reduced
ETSYEtsy Inc	0.38%	$202.7m	2.69M	−41.0% Reduced
DLRDigital Realty	0.38%	$202.6m	1.13M	+23311.0% Added
SHWSherwin-Williams	0.38%	$201.9m	586.3K	+26.5% Added
HEIHeico Corp	0.38%	$201.3m	565.1K	+91.9% Added
HWMHowmet Aerospace	0.38%	$201.0m	747.4K	+17.1% Added
SNDKSandisk	0.38%	$199.9m	87.9K	+210.3% Added
NVTnVent Electric plc	0.38%	$199.0m	1.17M	−33.9% Reduced
HLTHilton Worldwide	0.38%	$198.6m	601.1K	+17466.3% Added
TOSTToast, Inc.	0.37%	$198.3m	7.13M	+220.8% Added
HDThe Home Depot	0.37%	$197.6m	560.2K	+120.6% Added
UNHUnitedHealth Group	0.37%	$196.0m	471.5K	+15.9% Added
IEXIDEX Corporation	0.36%	$192.1m	846.6K	+3.7% Added
LMTLockheed Martin	0.36%	$189.3m	371.6K	+22.6% Added
JPMJPMorgan Chase	0.36%	$189.2m	578.1K	+611.7% Added
PPLPPL Corporation	0.35%	$186.8m	5.14M	+109.0% Added
STZConstellation Brands	0.35%	$185.2m	1.33M	−36.4% Reduced
CIENCiena	0.34%	$182.7m	372.4K	+15.2% Added
LLYLilly (Eli)	0.34%	$182.3m	151.9K	+752.0% Added
TSLATesla, Inc.	0.34%	$182.2m	433.3K	+18.0% Added
CZRCaesars Entertainment, Inc.	0.34%	$180.4m	5.98M	+273.7% Added
PINSPinterest, Inc.	0.34%	$180.0m	8.56M	New
AIGAmerican International Group	0.33%	$173.2m	2.32M	+15.6% Added
CORCencora	0.33%	$172.2m	608.6K	+14846.3% Added
KOThe Coca-Cola Company	0.31%	$165.8m	2.04M	−7.5% Reduced
TPGTPG Inc.	0.31%	$165.1m	4.07M	+202.4% Added
NETCloudflare, Inc.	0.31%	$164.6m	670.9K	+91.6% Added
NINiSource	0.31%	$164.4m	3.46M	+27379.1% Added
GDGeneral Dynamics	0.31%	$162.1m	457.5K	+1548.4% Added
CRWVCoreweave, Inc.	0.30%	$160.4m	1.61M	+184.0% Added
ABBVAbbVie	0.30%	$156.8m	622.9K	+1673.3% Added
TWLOTwilio Inc	0.29%	$155.9m	755.6K	−31.5% Reduced
TMUST-Mobile US	0.29%	$154.2m	919.5K	+50.6% Added
MELIMercadolibre Inc	0.29%	$154.2m	90.9K	−9.1% Reduced
CTVACorteva, Inc.	0.29%	$152.8m	1.80M	+17750.3% Added
BACBank of America	0.29%	$152.4m	2.67M	−9.2% Reduced
PCGPG&E Corporation	0.28%	$149.6m	8.89M	+30.1% Added
CHDChurch & Dwight	0.28%	$148.9m	1.54M	+146.7% Added
JNJJohnson & Johnson	0.28%	$148.4m	584.5K	−2.7% Reduced
DHRDanaher Corporation	0.27%	$144.6m	759.2K	+282.3% Added
ONON Semiconductor Corp	0.27%	$143.5m	1.52M	+24818.6% Added
KEYKeyCorp	0.27%	$142.6m	6.19M	−4.5% Reduced
NEENextEra Energy	0.27%	$141.8m	1.62M	+2084.0% Added
INSMInsmed Inc	0.27%	$141.4m	1.33M	+498.3% Added
AHRAmerican Healthcare Reit, Inc.	0.26%	$137.2m	2.63M	+125.3% Added
FIVEFive Below, Inc	0.26%	$135.4m	753.3K	−11.2% Reduced
IQVIQVIA	0.26%	$135.3m	700.4K	+27573.8% Added
LSCCLattice Semiconductor Corp	0.26%	$135.0m	882.4K	+65.8% Added
QXOQXO, Inc.	0.25%	$134.1m	7.76M	+4521.2% Added
LITELumentum	0.25%	$132.3m	154.2K	+63.1% Added
OKTAOkta, Inc.	0.24%	$129.7m	950.4K	+14.3% Added
LNGCheniere Energy, Inc.	0.24%	$129.1m	540.0K	+451.7% Added
VSTVistra Corp.	0.24%	$128.5m	810.4K	+136.4% Added
SJMThe J.M. Smucker Company	0.24%	$127.9m	1.14M	−2.5% Reduced
RPMRPM International Inc	0.24%	$127.4m	1.15M	+81.9% Added
CMGChipotle Mexican Grill	0.24%	$127.1m	3.74M	+19128.1% Added
CATCaterpillar Inc.	0.24%	$126.8m	119.1K	−49.6% Reduced
SBUXStarbucks	0.24%	$126.7m	1.24M	+200.0% Added
COFCapital One	0.24%	$125.4m	624.9K	+315.9% Added
GLPIGaming & Leisure Properties, Inc.	0.24%	$125.1m	2.81M	+21.4% Added
CSXCSX Corporation	0.23%	$124.7m	2.62M	+448.1% Added
WTRGEssential Utilities, Inc.	0.23%	$123.7m	3.23M	+4.6% Added
MSGSMadison Square Garden Sports Corp.	0.23%	$123.0m	306.2K	+226.4% Added
COHRCoherent Corp.	0.23%	$122.6m	310.8K	−29.1% Reduced
RRXRegal Rexnord Corp	0.23%	$122.4m	514.0K	−12.6% Reduced
DVNDevon Energy	0.23%	$121.9m	2.95M	+2845.2% Added
CRDOCredo Technology Group Holding Ltd	0.23%	$120.8m	444.2K	+197.8% Added
CHHChoice Hotels International Inc	0.23%	$120.6m	1.09M	−6.7% Reduced
AMATApplied Materials	0.23%	$120.3m	166.4K	−78.8% Reduced
CCLCarnival Corporation	0.23%	$120.0m	4.20M	New
TKRTimken Co	0.22%	$117.6m	809.6K	−46.7% Reduced
ACLSAxcelis Technologies Inc	0.22%	$116.7m	616.2K	−54.8% Reduced
INIOInnio N.V.	0.22%	$116.6m	2.95M	New
MKSIMKS Inc	0.22%	$115.7m	260.2K	−36.1% Reduced
INTCIntel	0.21%	$112.8m	808.1K	+666.8% Added
CHDNChurchill Downs Inc	0.21%	$109.5m	1.22M	+100.3% Added
CMSCMS Energy	0.21%	$109.2m	1.43M	+198.2% Added
DGDollar General	0.20%	$107.8m	936.8K	+7663.7% Added
TGTTarget Corporation	0.20%	$106.9m	818.5K	−68.6% Reduced
SUISUN Communities Inc	0.20%	$103.9m	866.1K	+105.3% Added
VVisa Inc.	0.19%	$102.1m	297.6K	−47.7% Reduced
ATIATI Inc	0.19%	$101.3m	514.1K	−39.6% Reduced
RALRalliant Corp	0.19%	$101.0m	1.37M	+3470.2% Added
IOTSamsara Inc.	0.19%	$100.0m	3.08M	+491.4% Added
WDCWestern Digital	0.19%	$99.9m	156.5K	−74.6% Reduced
UNMUnum Group	0.19%	$98.6m	1.10M	−28.2% Reduced
ARMKAramark	0.18%	$98.1m	1.72M	+910.4% Added
EXPDExpeditors International	0.18%	$97.7m	599.4K	+29867.6% Added
KDPKeurig Dr Pepper	0.18%	$97.6m	2.98M	+11422.8% Added
AFGAmerican Financial Group Inc	0.18%	$97.4m	695.9K	−10.3% Reduced
TEXTerex Corp	0.18%	$97.1m	1.34M	−9.3% Reduced
PNCPNC Financial Services	0.18%	$96.6m	392.3K	+310.7% Added
STMStmicroelectronics N.V.	0.18%	$95.9m	1.28M	−38.4% Reduced
TYLTyler Technologies Inc	0.18%	$94.8m	324.2K	+190.6% Added
ROSTRoss Stores	0.18%	$94.7m	444.8K	−71.7% Reduced
WELLWelltower	0.18%	$94.1m	414.4K	−12.9% Reduced
ROKRockwell Automation	0.18%	$93.4m	188.6K	−64.5% Reduced
XPOXPO, Inc.	0.17%	$92.1m	448.8K	+1.8% Added
NWENorthwestern Energy Group, Inc.	0.17%	$92.1m	1.29M	+41.2% Added
BBIOBridgebio Pharma, Inc.	0.17%	$91.6m	1.23M	+251.3% Added
FERGFerguson Enterprises	0.17%	$90.1m	379.7K	−30.6% Reduced
HUMHumana	0.17%	$88.0m	221.5K	+316.1% Added
AMTAmerican Tower	0.17%	$87.9m	537.4K	+23.4% Added
HASHasbro	0.17%	$87.6m	1.06M	+300.9% Added
OUTOutfront Media Inc.	0.17%	$87.4m	2.67M	+7.9% Added
FLEXFlex Ltd.	0.16%	$87.1m	537.3K	−49.2% Reduced
QQnity Electronics, Inc.	0.16%	$86.9m	531.8K	+10.0% Added
EXRExtra Space Storage	0.16%	$86.5m	595.6K	+50.6% Added
OCOwens Corning	0.16%	$84.4m	531.1K	+18.1% Added
FRPTFreshpet, Inc.	0.16%	$84.2m	1.42M	+1.7% Added

Company	Bought (value)	Shares
SPCXSpace Exploration Technologies Corp	$580.5m	3.40M
TXNTexas Instruments	$443.3m	1.49M
ROKURoku, Inc	$403.3m	2.92M
MMM3M	$372.2m	2.30M
AESAES Corporation	$343.8m	23.45M
USBU.S. Bancorp	$267.9m	4.43M
APHAmphenol	$253.3m	1.44M
CBRSCerebras Systems Inc.	$247.6m	1.12M
NOWServiceNow	$219.2m	2.21M
DLRDigital Realty	$201.8m	1.12M
HLTHilton Worldwide	$197.5m	597.7K
ECLEcolab	$195.5m	701.6K
PINSPinterest, Inc.	$180.0m	8.56M
CORCencora	$171.1m	604.5K
NINiSource	$163.8m	3.45M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Sold (value)	Shares
AMATApplied Materials	−$446.1m	−617.0K
ARMARM Holdings PLC	−$323.3m	−911.8K
JCIJohnson Controls	−$302.9m	−2.31M
METAMeta Platforms	−$300.3m	−533.2K
WDCWestern Digital	−$293.9m	−460.1K
CCitigroup	−$289.2m	−2.07M
AAPLApple Inc.	−$285.9m	−988.1K
KKRKKR & Co.	−$266.8m	−2.91M
ODFLOld Dominion	−$262.9m	−1.21M
GSGoldman Sachs	−$256.2m	−253.4K
ROSTRoss Stores	−$239.4m	−1.12M
PGRProgressive Corporation	−$236.3m	−1.08M
TGTTarget Corporation	−$233.9m	−1.79M
PFEPfizer	−$231.5m	−9.61M
MRKMerck & Co.	−$225.7m	−1.76M

Change in shares on the previous quarter's 13F, valued at this quarter's reported price.

Company	Value last quarter	Shares
JCIJohnson Controls	$302.9m	2.31M
BABoeing	$143.3m	719.8K
MARMarriott International	$101.3m	309.8K
CELHCelsius Holdings, Inc.	$84.9m	2.39M
HQYHealthequity, Inc.	$69.8m	835.1K
HLNEHamilton Lane Inc	$65.1m	654.6K
FASTFastenal	$62.2m	1.34M
AFRMAffirm Holdings, Inc.	$52.7m	1.15M
RACEFerrari N.V.	$52.6m	157.5K
KNTKKinetik Holdings Inc.	$44.2m	912.9K
REXRRexford Industrial Realty, Inc.	$42.8m	1.31M
BRKRBruker Corp	$41.9m	1.16M
FPSForgent Power Solutions, Inc.	$39.3m	1.34M
ZBHZimmer Biomet	$38.4m	424.6K
CRICarters Inc	$38.2m	1.07M
RHPRyman Hospitality Properties, Inc.	$37.8m	410.0K
WCNWaste Connections, Inc.	$37.7m	231.9K
PENNPenn Entertainment, Inc.	$36.6m	2.44M
DXCMDexcom	$35.6m	566.3K
PLNTPlanet Fitness, Inc.	$35.5m	477.6K
WEXWEX Inc.	$35.5m	231.9K
SYKStryker Corporation	$34.2m	104.0K
PNFPPinnacle Financial Partners, Inc.	$32.3m	375.4K
THOThor Industries Inc	$32.3m	404.4K
MSMMSC Industrial Direct Co Inc	$31.0m	335.8K
PCVXVaxcyte, Inc.	$29.9m	514.6K
TRGPTarga Resources	$29.6m	118.2K
AZNAstrazeneca PLC	$29.3m	148.7K
TUTelus Corp	$29.1m	2.27M
RBARB Global Inc.	$27.6m	287.7K

Technology21.3%
Industrials16.2%
Consumer Discretionary12.3%
Health Care11.4%
Financials10.3%
Communication Services5.9%
Consumer Staples5.8%
Utilities5.8%
Real Estate4.2%
Materials4.0%
Energy2.7%

Share of the value held in companies we cover, by sector.

Period	Copy, a year	S&P 500	Sharpe	S&P 500	Biggest drop	Beta
Whole backtestAugust 16, 2013 to November 2, 2026	+13.6%	+14.1%	0.68	0.78	−40.1%	1.08
2018 onwardsJanuary 5, 2018 to November 2, 2026	+12.2%	+13.9%	0.52	0.66	−40.1%	1.09
Last three yearsNovember 3, 2023 to November 2, 2026	+20.6%	+21.8%	1.05	1.16	−19.1%	0.94
Last yearNovember 7, 2025 to November 2, 2026	+15.3%	+14.2%	0.91	0.84	−8.0%	0.85

From SEC Form 13F data sets. A 13F lists long positions in US-listed shares at the quarter's end, filed up to 45 days later; it does not show shorts, cash, bonds, non-US holdings or trades within the quarter. Positions in companies outside our coverage are not listed here. Research, not investment advice.