13F filer · CIK 923093 ↗
Tudor Investment
You are looking at Q4 2023. See the latest, Q2 2026 →
Reported value
$12.42B
+25% on the quarter before
Positions
2,296
833 new · 763 sold out
Top 10
13.4%
of the value
Est. gain
+$332.8M
on stocks held all quarter
Est. return
+11.6%
on those stocks since Q3 2023
Positions as of Dec 31, 2023, 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, 18% of the reported value, each sized by its share, colored by what the fund did with it since Q3 2023. Striped tiles are options.
Largest buys
Since Q3 2023, 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.
- Ishares Russell 2000 ETF - Us EtpPUT~$584.1MNew · 0.0% → 4.7%+2,910,400 underlying
- Pioneer Natural Resources Co - Us~$177.2MAdded · 0.1% → 1.5%+787,756 shares
- SPDR Dow Jones Industrial Average ETF Trust - Us ECALL~$128.1MNew · 0.0% → 1.0%+340,000 underlying
- Ishares Russell 2000 ETF - Us EtpCALL~$111.5MNew · 0.0% → 0.9%+555,400 underlying
- Financial Select Sector SPDR Fund - Us EtpPUT~$107.3MNew · 0.0% → 0.9%+2,853,600 underlying
- Ishares Msci Emerging Markets ETF - Us EtpCALL~$100.5MNew · 0.0% → 0.8%+2,500,000 underlying
- Splunk Inc - Us~$79.3MAdded · 1.7% → 2.0%+520,301 shares
- Exxon Mobil Corp - Us~$64.0MNew · 0.0% → 0.5%+640,101 shares
- Nvidia~$58.2MAdded · 0.1% → 0.5%+117,527 shares
- United States Steel Corp - UsPUT~$48.9MNew · 0.0% → 0.4%+1,004,700 underlying
Largest sells
Since Q3 2023, 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.
- Seagen Inc - UsPUT~$297.0MSold out · 3.0% → 0.0%−1,400,000 underlying
- Activision Blizzard Inc - Us~$284.2MSold out · 2.8% → 0.0%−3,035,625 shares
- Seagen Inc - Us~$248.5MSold out · 2.5% → 0.0%−1,171,324 shares
- Invesco Qqq Trust Series 1 - Us EtpCALL~$179.1MSold out · 1.8% → 0.0%−500,000 underlying
- Horizon Therapeutics Plc - Us~$150.8MSold out · 1.5% → 0.0%−1,303,844 shares
- Activision Blizzard Inc - UsPUT~$132.1MSold out · 1.3% → 0.0%−1,411,200 underlying
- Ishares Iboxx High Yield Corporate Bond ETF - Us EPUT~$87.9MSold out · 0.9% → 0.0%−1,192,500 underlying
- Denbury Inc - Us~$81.9MSold out · 0.8% → 0.0%−835,939 shares
- Vmware Inc - Us~$78.2MSold out · 0.8% → 0.0%−469,889 shares
- Ishares Iboxx Investment Grade Corporate Bond ETFPUT~$71.4MSold out · 0.7% → 0.0%−700,000 underlying
Holdings
As of Dec 31, 2023. Changes are in shares against Sep 30, 2023, so a price move alone never reads as a buy or a sale.
| Holding | Value | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Ishares Russell 2000 ETF - Us EtpPUTETF Option · shares New | 4.7% | $584.1M | — | ||||||||
| Splunk Inc - UsEquity · shares +45% · price +4.2% | 2.0% | $254.4M | +$7.0M | ||||||||
| Pioneer Natural Resources Co - UsEquity · shares +1,252% · price −2.0% | 1.5% | $191.3M | −$293,860 | ||||||||
| SPDR Dow Jones Industrial Average ETF Trust - Us ECALLETF Option · shares New | 1.0% | $128.1M | — | ||||||||
| Ishares Russell 2000 ETF - Us EtpCALLETF Option · shares New | 0.90% | $111.5M | — | ||||||||
| Financial Select Sector SPDR Fund - Us EtpPUTETF Option · shares New | 0.86% | $107.3M | — | ||||||||
| Ishares Msci Emerging Markets ETF - Us EtpCALLETF Option · shares New | 0.81% | $100.5M | — | ||||||||
| NvidiaEquity · shares +810% · price +13.8% | 0.53% | $65.4M | +$873,395 | ||||||||
| Exxon Mobil Corp - UsEquity · shares New | 0.52% | $64.0M | — | ||||||||
| SPDR S&P 500 ETF Trust - Us EtpExchange-Traded Fund · shares −53% · price +11.2% | 0.50% | $62.3M | +$6.3M | ||||||||
| Air Products And Chemicals Inc - UsEquity · shares +303% · price −3.4% | 0.41% | $50.5M | −$439,421 | ||||||||
| United States Steel Corp - UsPUTEquity Option · shares New | 0.39% | $48.9M | — | ||||||||
| MetaCALLEquity Option · shares +81% | 0.35% | $43.8M | — | ||||||||
| SalesforceEquity · shares +189% · price +29.8% | 0.35% | $43.2M | +$3.4M | ||||||||
| Texas InstrumentsCALLEquity Option · shares +3,532% | 0.34% | $42.1M | — | ||||||||
| Bank Of America Corp - UsPUTEquity Option · shares +938% | 0.34% | $41.8M | — | ||||||||
| Capri Holdings Ltd - UsPUTEquity Option · shares New | 0.34% | $41.8M | — | ||||||||
| Enphase Energy Inc - UsCALLEquity Option · shares +1,628% | 0.33% | $41.3M | — | ||||||||
| Texas InstrumentsPUTEquity Option · shares +648% | 0.33% | $41.0M | — | ||||||||
| Ishares Msci Emerging Markets ETF - Us EtpExchange-Traded Fund · shares New | 0.32% | $40.2M | — | ||||||||
| United Parcel Service Inc - Us Class BCALLEquity Option · shares +946% | 0.32% | $40.1M | — | ||||||||
| Bristol-Myers Squibb Co - UsEquity · shares New | 0.32% | $39.4M | — | ||||||||
| Financial Select Sector SPDR Fund - Us EtpExchange-Traded Fund · shares +407% · price +13.4% | 0.31% | $39.0M | +$907,126 | ||||||||
| Euronav Nv - UsEquity · shares +3,310% · price +7.1% | 0.31% | $38.3M | +$74,154 | ||||||||
| Aon Plc - UsEquity · shares +2,089% · price −10.2% | 0.31% | $38.1M | −$198,801 | ||||||||
| Total · 2,296 positions | 100% | $12.42B | +$332.8M |
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 2023 to Q4 2023: 911 stocks held throughout, up $332.8M (+11.6%).
- Splunk Inc - Us+$7.0M+4%
- SPDR S&P 500 ETF Trust - Us Etp+$6.3M+11%
- Microsoft+$5.1M+19%
- DoorDash+$5.1M+24%
- Nasdaq Inc - Us+$5.1M+20%
- West Pharmaceutical Services Inc - Us−$1.3M−6%
- Marriott Vacations Worldwide Corp - Us−$1.4M−16%
- Civitas Resources Inc - Us−$1.7M−15%
- Confluent Inc - Us−$2.2M−21%
- Paycom−$2.6M−20%
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 ↗ |