13F filer · CIK 923093 ↗
Tudor Investment
You are looking at Q4 2019. See the latest, Q2 2026 →
Reported value
$2.23B
−23% on the quarter before
Positions
1,111
461 new · 399 sold out
Top 10
19.8%
of the value
Est. gain
+$55.2M
on stocks held all quarter
Est. return
+5.6%
on those stocks since Q3 2019
Positions as of Dec 31, 2019, from Tudor Investment's 13F filing with the SEC. A 13F lists a manager's US-listed stocks and options at a quarter end and is filed up to 45 days later, so the fund may hold something else today. It leaves out short positions, cash and holdings outside the US.
Portfolio at a glance
- New
- Added
- Cut
- Same
- Options
The 24 largest positions, 27% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2019. Striped tiles are options.
Largest buys
Since Q3 2019, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- Caesars Entertainment Corp.~$32.9MNew · 0.0% → 1.5%+2,416,136 shares
- Audentes Therapeutics IncPUT~$29.4MNew · 0.0% → 1.3%+490,900 underlying
- Audentes Therapeutics Inc~$27.0MNew · 0.0% → 1.2%+451,689 shares
- Tiffany & Co New~$21.7MNew · 0.0% → 1.0%+162,039 shares
- Iberiabank Corp~$19.8MNew · 0.0% → 0.9%+264,544 shares
- Amex Financial Select Sector SPDR New~$15.7MNew · 0.0% → 0.7%+511,503 shares
- Marathon Petroleum Corp~$15.1MNew · 0.0% → 0.7%+250,270 shares
- Ebay Incorporated~$14.5MAdded · 0.1% → 0.7%+402,784 shares
- Interxion Holding Nv~$12.1MNew · 0.0% → 0.5%+144,586 shares
- Charter Communications Inc~$11.6MAdded · 0.0% → 0.5%+23,998 shares
Largest sells
Since Q3 2019, by estimated size: the change in shares at the quarter-end price, since a 13F gives no trade prices. Percentages are the position's share of the portfolio, before and after.
- SPDR S&P 500 ETF TrustPUT~$145.4MCut · 7.4% → 4.0%−451,600 underlying
- Celgene Corporation~$128.4MSold out · 4.4% → 0.0%−1,292,572 shares
- Suntrust Banks Inc~$120.3MSold out · 4.1% → 0.0%−1,748,129 shares
- Celgene CorporationPUT~$44.0MSold out · 1.5% → 0.0%−443,600 underlying
- Microsoft~$41.9MCut · 1.3% → 0.1%−265,905 shares
- SPDR S&P 500 ETF TrustCALL~$38.0MCut · 1.3% → 0.1%−118,200 underlying
- Walt Disney Company (The)~$34.4MCut · 1.5% → 0.6%−237,519 shares
- Alder Biopharmaceuticals IncPUT~$28.3MSold out · 1.0% → 0.0%−1,503,000 underlying
- United Financial Bancorp Inc/New~$22.2MSold out · 0.8% → 0.0%−1,631,735 shares
- Alder Biopharmaceuticals Inc~$21.0MSold out · 0.7% → 0.0%−1,115,371 shares
Holdings
As of Dec 31, 2019. Changes are in shares against Sep 30, 2019, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Allergan PlcCOMMON STOCK · shares +10% · price +13.6% | 5.3% | $118.5M | +$12.8M | ||||||||
| SPDR S&P 500 ETF TrustPUTCOMMON STOCK · shares −62% | 4.0% | $88.2M | — | ||||||||
| SPDR S&P 500 ETF TrustCOMMON STOCK · shares −8.6% · price +8.5% | 3.0% | $66.6M | +$5.2M | ||||||||
| Caesars Entertainment Corp.COMMON STOCK · shares New | 1.5% | $32.9M | — | ||||||||
| Audentes Therapeutics IncPUTCOMMON STOCK · shares New | 1.3% | $29.4M | — | ||||||||
| Audentes Therapeutics IncCOMMON STOCK · shares New | 1.2% | $27.0M | — | ||||||||
| Ishares Tips Bond ETFCOMMON STOCK · shares +27% · price +0.2% | 1.00% | $22.3M | +$41,506 | ||||||||
| Tiffany & Co NewCOMMON STOCK · shares New | 0.97% | $21.7M | — | ||||||||
| Iberiabank CorpCOMMON STOCK · shares New | 0.89% | $19.8M | — | ||||||||
| Ebay IncorporatedCOMMON STOCK · shares +955% · price −7.3% | 0.72% | $16.1M | −$120,782 | ||||||||
| Amex Financial Select Sector SPDR NewCOMMON STOCK · shares New | 0.71% | $15.7M | — | ||||||||
| Marathon Petroleum CorpCOMMON STOCK · shares New | 0.68% | $15.1M | — | ||||||||
| Walt Disney Company (The)COMMON STOCK · shares −72% · price +11.0% | 0.59% | $13.2M | +$1.3M | ||||||||
| Edwards Lifesciences Corp.COMMON STOCK · shares +1,062% · price +6.1% | 0.55% | $12.2M | +$60,280 | ||||||||
| Interxion Holding NvCOMMON STOCK · shares New | 0.54% | $12.1M | — | ||||||||
| Cme Group IncCOMMON STOCK · shares −0.09% · price −5.0% | 0.54% | $12.0M | −$637,588 | ||||||||
| Charter Communications IncCOMMON STOCK · shares +4,081% · price +17.9% | 0.53% | $11.9M | +$43,223 | ||||||||
| Arqule IncCOMMON STOCK · shares New | 0.51% | $11.4M | — | ||||||||
| Zendesk IncCOMMON STOCK · shares −19% · price +5.2% | 0.50% | $11.1M | +$545,667 | ||||||||
| Phillips 66COMMON STOCK · shares New | 0.49% | $10.8M | — | ||||||||
| Camden Property TrustCOMMON STOCK · shares +355% · price −4.4% | 0.49% | $10.8M | −$110,501 | ||||||||
| Procter & Gamble CompanyCOMMON STOCK · shares New | 0.48% | $10.8M | — | ||||||||
| National Retail Properties IncCOMMON STOCK · shares +271% · price −4.9% | 0.48% | $10.7M | −$149,172 | ||||||||
| CumminsCOMMON STOCK · shares New | 0.48% | $10.6M | — | ||||||||
| Northrop Grumman CorpCOMMON STOCK · shares +190% · price −8.2% | 0.47% | $10.6M | −$327,060 | ||||||||
| Total · 1,111 positions | 100% | $2.23B | +$55.2M |
Price is a stock's reported value over its shares at the quarter end. The estimated gain is the shares held at both quarter ends times the change in that price: shares bought or sold during the quarter add nothing, options are left out, and a stock split is read into the earlier share count and price.
What made money
From Q3 2019 to Q4 2019: 645 stocks held throughout, up $55.2M (+5.6%).
- Allergan Plc+$12.8M+14%
- SPDR S&P 500 ETF Trust+$5.2M+8%
- Avon Products Incorporated+$1.5M+28%
- RingCentral+$1.4M+34%
- Commercial Metals Company+$1.4M+28%
- Extra Space Storage Inc−$784,154−10%
- Twilio−$847,819−11%
- Public Storage−$1.5M−13%
- Elastic Nv−$1.6M−22%
- Vonage Holdings−$1.9M−34%
Estimated as in the holdings table: shares held at both quarter ends times the change in price; options left out, 2 splits read into the share counts.
Reported value by quarter
The total value of each quarter's 13F at that quarter end. It moves with prices as well as with buying and selling. Pick a quarter to see what the fund held then.
Every quarter's filing
| Quarter | Reported value | Filing | |
|---|---|---|---|
| Q2 2026 | Aug 14, 2026 | $71.91B+33% | SEC ↗ |
| Q1 2026 | May 15, 2026 | $53.87B−0% | SEC ↗ |
| Q4 2025 | Feb 17, 2026 | $54.03B−7% | SEC ↗ |
| Q3 2025 | Dec 9, 2025 (amended) | $57.98B+26% | SEC ↗ |
| Q2 2025 | Aug 14, 2025 | $45.92B+53% | SEC ↗ |
| Q1 2025 | May 15, 2025 | $30.10B+15% | SEC ↗ |
| Q4 2024 | Feb 14, 2025 | $26.28B−4% | SEC ↗ |
| Q3 2024 | Nov 14, 2024 | $27.48B+41% | SEC ↗ |
| Q2 2024 | Aug 14, 2024 | $19.52B+24% | SEC ↗ |
| Q1 2024 | May 15, 2024 | $15.72B+27% | SEC ↗ |
| Q4 2023 | Feb 14, 2024 | $12.42B+25% | SEC ↗ |
| Q3 2023 | Nov 15, 2023 | $9.97B+19% | SEC ↗ |
| Q2 2023 | Aug 14, 2023 | $8.38B+30% | SEC ↗ |
| Q1 2023 | May 15, 2023 | $6.46B+28% | SEC ↗ |
| Q4 2022 | Feb 14, 2023 | $5.06B+9% | SEC ↗ |
| Q3 2022 | Nov 14, 2022 | $4.63B+22% | SEC ↗ |
| Q2 2022 | Aug 15, 2022 | $3.81B−11% | SEC ↗ |
| Q1 2022 | May 16, 2022 | $4.27B−29% | SEC ↗ |
| Q4 2021 | Feb 14, 2022 | $5.98B−3% | SEC ↗ |
| Q3 2021 | Nov 17, 2021 (amended) | $6.16B+16% | SEC ↗ |
| Q2 2021 | Aug 16, 2021 | $5.29B+6% | SEC ↗ |
| Q1 2021 | May 17, 2021 | $4.99B+41% | SEC ↗ |
| Q4 2020 | Feb 16, 2021 | $3.54B+54% | SEC ↗ |
| Q3 2020 | Nov 16, 2020 | $2.30B+14% | SEC ↗ |
| Q2 2020 | Aug 14, 2020 | $2.02B+81% | SEC ↗ |
| Q1 2020 | May 15, 2020 | $1.12B−50% | SEC ↗ |
| Q4 2019 | Feb 14, 2020 | $2.23B−23% | SEC ↗ |
| Q3 2019 | Nov 14, 2019 | $2.91B−17% | SEC ↗ |
| Q2 2019 | Aug 14, 2019 | $3.51B+45% | SEC ↗ |
| Q1 2019 | May 15, 2019 | $2.42B−52% | SEC ↗ |
| Q4 2018 | Feb 14, 2019 | $5.06B+27% | SEC ↗ |
| Q3 2018 | Nov 14, 2018 | $3.98B+38% | SEC ↗ |
| Q2 2018 | Aug 14, 2018 | $2.87B−7% | SEC ↗ |
| Q1 2018 | May 15, 2018 | $3.09B−22% | SEC ↗ |
| Q4 2017 | Feb 14, 2018 | $3.94B+0% | SEC ↗ |
| Q3 2017 | Nov 14, 2017 | $3.92B+19% | SEC ↗ |
| Q2 2017 | Aug 14, 2017 | $3.28B+1% | SEC ↗ |
| Q1 2017 | May 15, 2017 | $3.25B−16% | SEC ↗ |
| Q4 2016 | Feb 14, 2017 | $3.88B−9% | SEC ↗ |
| Q3 2016 | Nov 14, 2016 | $4.27B−10% | SEC ↗ |
| Q2 2016 | Aug 15, 2016 | $4.72B+21% | SEC ↗ |
| Q1 2016 | May 16, 2016 | $3.91B | SEC ↗ |