Whats a 13F?: Form 13F is a quarterly report filed, per United States Securities and Exchange Commission regulations, by “institutional investment managers” to the SEC and containing all equity assets under management of at least $100 million in value.
Who files a 13F?: Institutional investment managers that use the United States mail (or other means or instrumentality of interstate commerce) in the course of their business and that exercise investment discretion over $100 million or more in Section 13(f) securities must file Form 13F
Why we Follow 13Fs?: The 13F Fillings Following system is based on the assumption that stocks in which mutual fund managers (and hedge fund managers) are mostly concentrated (their best ideas) are stocks that will outperform the broad equity index. SEC 13F fillings could be used to track top holdings positions in mutual funds.
Mutual fund managers must have highly diversified investment portfolios as current investment doctrine doesn’t recommend highly concentrated portfolios, and most investment managers have fear to divert significantly from the relevant benchmark.
But stocks which are managers’ “best ideas” (high-conviction positions) are often over-weighted in their portfolios. These are also usually stocks which are most understood by those managers. It is therefore fundamentally feasible to track those “best ideas”.
Fund Name: Point72 Asset Management
Fund Description: Point72 is an American hedge fund managing the assets of its founder, Steven A. Cohen, and eligible employees. Originally founded as S.A.C. Capital Advisors in 1992, the firm converted to a family office in 2014 before reopening to external capital in 2018. In 2025, the firm expanded significantly into AI-specific strategies through its Turion AI unit.
Key Additions: $NVDA, $TSM, $AMZN, $ANET, $AVGO, $VNET, $CRDO, $ASML, $SE, EQIX, $SPOT, $DHR, $PEP, $TDG, $T, $HD, $TEAM, $ADSK, $PFGC, $COF, $NWSA, $CSX, $DASH, $U, $WMB, $TMO, $BSX, $TEL, $BILL, $ESTC, $CNP, $BAC, $REGN, $UAL, $PCG, $TXRH, $STZ, $CDNS, $LIN, $BFAM, $CHWY, $JBL, $OVV, $FICO
Key Closes: $HPE, $RUN, $CNK, $NXE, $ETHA, $ROIV, $AVTR, $CLSK, $WMT, $AA, $AKRO, $TRU, $JBLU, $LFST, $BTI, $CHD, $ABEV, $MAS, $ELAN, $RZLT, $Z, $EIX, $DOCS, $IQ, $CNTA, $NVST, $QRVO, $SRRK, $AEP, $AAOI, $PYPL, $ADT, $QSR, $DT, $ORLY, $MAC, $CADE, $SIMO, $STM, $SLI, $ES, $WVE, $NOV
Key Reductions: $ABVX, $T, $HD, $TEAM ,$ADSK ,$CSCO, $PFGC, $MDB, $COF, $NWSA, $CSX, $DASH, $SCHW, $U, WMB, $TMO, $V, $VRSN, $BSX, $TEL, $BILL, $MU, $ESTC, $CNP, $SPIB, $RLAY, $AMD, $CIEN, $STX, $SLB, $TRGP, $GLW, $H, $MKSI, $SATS, $IGSB, $CTAS, $GOOGL, $MTSI, $ANAB, $STNE, $SU, $PTCT, $MCD, $DTM, $EPAM
New Positions: $AKAM, $CSCO, $V, $MU, $LULU, $PCTY, $PH, $SJM, $BLK, $UNH, $LITE, $Q, $BMY, $CARR, $C, $DTE, $JCI, $SNDK, $SFM, $TLN, $EVRG, $SHW, $LVS, $FUTU, $DOCU, $BX, $WMG, $EDU, $AEE, $BIDU, $FFIV, $POOL, $KEYS, $SOLS, $AAL, $PG, $STLA, $PFE, $VEEV, $MET
Market Value: $89.4b, Prior: $59.8b
New Purchases: 2013 stocks
Added To: 1279 stocks
Sold out of: 414 stocks
Reduced holdings in: 503 stocks
Fund Name: Viking Global Investors
Fund Description: It was established in October 1999 by its CEO and risk manager, Ole Andreas Halvorsen, Brian T Olson and David C Ott. Ole Andreas Halvorsen previously worked for Julian Robertson at the firm Tiger Management, making Viking one of the 30 or more so-called “Tiger Cubs,” funds founded by managers who started their investment careers with Tiger Management. In June 2017, Viking announced that it was returning $8 billion to investors to “reset to a smaller size
Key Additions: $MSFT, $TSM, $V, $DIS, $APD, $MCD, $SHW, $BA, $TSLA, $TMUS, $DKNG, $ROST, $MAA, $CPT, $RRX, $SE, $CHWY
Key Closes: $ITGR, $TEVA, $STUB, $RYAN, $PRMB, $PM, $NKE, $NFLX, $META, $CART, $KKR, $INTU, $APP, $FSLR, $ESTA, $EW, $DB, $DECK, $DHR, $CMG, $COR, $CBRE, $BLK
Reduced: $PNC, $SCHW, $FTV, $BBIO, $AMD, $COF, $JCI, $JPM, $GM, $CLS, $CSX, $HCA, $CVNA, $APG, $UBS, $BMRN, $SAIA, $AON, $BAC, $BSX, $AS, $RAL, $NAMS, $ROIV, $INBX
New Positions: $GOOGL, $ICE, $AMZN, $DKS,$TMO, $STLA, $CCL, $UNH, $CB, $PGR, $LII, $TW, $MDLN, $AJG, $DLR, $LOW, $FIG, $ITUB, $RIOT, $IQV, $WST, $MANE
Market Value: $37.7b, Prior: $38.5b
New Purchases: 21 stocks
Added To: 17 stocks
Sold out of: 23 stocks
Reduced holdings in: 29 stocks
Fund Name: Tiger Global Management
Fund Description: Tiger Global Management, LLC is an investment firm that focuses on private and public companies in the global Internet, software, consumer, and payments industries. The Firm’s public equity business, founded in 2001, conducts deep fundamental research on our focus industries and geographies and seeks to make long-term investments in the companies we believe are best positioned to offer the highest returns. Both of our strategies have generated meaningful risk-adjusted returns since inception.
Key Additions: $FLUT, $CPNG, $XYZ, $Z, $CHYM, $NOW, $NFLX, $HNGE, $ZG, $PONY, $CRCL
Reduced: $MSFT, $AMZN, $NVDA, $SE, $META, $TSM, $AVGO, $RDDT, $APP, $LRCX, $GEV, $CPAY, $ZS, $CSGP, $UNH, $SHW, $BULL
Key Closes: $MDB, $TFIN, $VIA
New Positions: $WLTH
Market Value: $29.7b, Prior: $32.4b
New Purchases: 1 stocks
Added To: 11 stocks
Sold out of: 3 stocks
Reduced holdings in: 17 stocks
Fund Name: Ark Investment Management
Fund Description: ARK Invest holds a precision lens on thematic investing. They focus on disruptive innovation and identify themes that will enhance productivity and create wealth. ARK seeks to research and invest in technologically enabled innovation that cuts across economic sectors and changes the way world works. The current themes include Industrial Innovation,Next Generation Internet, FinTech, and the Genomic Revolution.
Key Additions: $COIN, $CRSP, $TEM, $BEAM, $CRCL, $ACHR, $BMNR, $TWST, $NVDA, $TSM, $XYZ, $TXG, $ILMN, $ARKB, $META, $DE, $BLSH, $GOOG, $DKNG, $RXRX, $BIDU, $CRWV, $NTLA, $TTD, $AVAV, $BABA, $LHX, $TRMB, $WGS, $PACB, $DASH, $MELI, $JOBY, $ABSI, $QCOM, $SYM, $SDGR, $LUNR, $RBRK, $SRTA, $ESLT, $CCJ, $NRIX, $SNPS, $KDK, $ISRG, $PSTG, $PONY, $BFLY, $TDY
Reduced: $TSLA, $SHOP, $ROKU, $PLTR, $AMD, $HOOD, $TER, $RBLX, $AMZN, $KTOS,$NTRA, $VCYT, $RKLB, $ABNB, $BWXT, $PD, $SOFI, $GH, $TOST, $PSNL, $CRWD, $PINS, $IRDM, $SPOT, $U, $NET, $CDNA, $CERS, $ADPT, $IONS, $GTLB, $DDOG, $GENI, $NU, $FIG, $SE, $PRME, $FUTU, $Z, $NXDR, $AMGN, $GLBE, $INCY, $CRM, $KSPI, $INTU, $PYPL, $ICE, $QSI, $TEVA
Key Closes: $SPNS, $BILL, $RDDT, $IBTA, $ETHQ, $SOLQ $KMDA, $NEXN
New Positions: $WRD, $NFLX, $THAR, $BWAY, $VUG, $Q
Market Value: $15.1b, Prior: $16.8b
New Purchases: 8 stocks
Added To: 110 stocks
Sold out of: 8 stocks
Reduced holdings in: 77 stocks
Fund Name: Soros Fund Management
Fund Description: Soros Fund Management is a privately owned hedge fund sponsor. The firm invests in the public equity and fixed income markets across the globe. It also invests in foreign exchange and currency markets, commodity markets, and futures trading. Soros Fund Management was founded in 1969 and is based in New York, New York
Key Additions: $ETOR, $CTLP, $OS, $SYF, $UNH, $TKO, $ZBRA, $CRH, $DIS, $ACN, $DASH, $SPY, $MIAX, $CRM, $AAPL, $ULS, $LION, $NVDA, $UBER, $BHF, $CYBR, $AMZN
Reduced: $BGC, $RUN, $SAIL, $PONY, $IBKR, $RSP, $DD, $TGNA, $SGI, $FLUT, $STUB, $KRMN, $AMRZ, $INDV, $ETR, $SNOW, $CRCL, $CVLT, $GFL, $FIGR, $BLSH, $DDOG, $BRCB, $U, $HON, $ADI, $GOOGL, $VVX, $HUM, $MDB, $LGN, $GLXY, $SPSB, $FICO
Key Closes: $VMEO, $ARMK, $IAS, $IPG, $PHLY, $SCS, $ADT, $HBI, $KEY,$SHLS, $NIQ, $SPNS, $SRAD, $CTRE, $IEF, $AS, $MRUS, $SFD, $WAY, $SFNC, $VRNA, $TPG, $ARX, $NTSK, $CIFR, $HOUS, $AIRO, $KKR, $KLAR, $COOP, $MNTN, $MH, $FIG, $HG, $HGTY, $OSCR
New Positions: $DAY, $EXAS, $NGD, $CFLT, $SNV, $FOLD, $CWAN, $MDLN, $HOLX, $CMA, $CDTX, $RNA, $ITT, $WWD, $XEL, $JHG, $HII, $REVG, $DBRG, $AVGO, $ITRI, $CADE, $TSLA, $DVAX, $LLY, $CNM, $SEE, $KVUE, $XHB, $ZTS, $OWL, $CGF, $XLF, $TXN, $AIG, $SEMR, $FWONK, $FXI, $ATXS
Market Value: $8.63b, Prior: $7.02b
New Purchases: 134 stocks
Added To: 47 stocks
Sold out of: 74 stocks
Reduced holdings in: 47 stocks
Fund Name: Appaloosa Management
Fund Description: Appaloosa Management L.P. operates as a hedge fund management firm. The Company offers investment management services to pooled investment vehicles
Key Additions: $UAL, $DAL, $MSFT, $LRCX, $TSM, $MPLX, $META, $GOOG, $MHK, $OC, $MU, $AAL
Reduced: $ET, $KWEB, $GT, $CZR, $JD, $KEY, $LYFT, $WHR, $TFC, $BABA, $FI, $DB, $AMD, $CFG, $UBER, $BIDU, $CMA, $XYZ, $AMZN, $VST, $ZION, $NRG, $NVDA, $WAL, $QCOM
Key Closes: $CZR, $KEY, $TFC
New Positions: $BALL, $EWY
Fund Name: Pershing Square Management
Fund Description: Pershing Square Capital Management, L.P: operates as an investment advisory firm. The Company offers portfolio management and consulting services to private investment funds. Pershing Square Capital Management serves clients in the United States.
Key Additions: $AMZN
Reduced: $GOOGL, $BN, $UBER, $QSR, $HLT
Key Closes: $CMG
New Positions: $META
Market Value: $15.5b, Prior: $14.6b
New Purchases: 1 stocks
Added To: 1 stocks
Sold out of: 1 stocks
Reduced holdings in: 6 stocks
Fund Name: Berkshire Hathaway
Fund Description: Berkshire Hathaway Inc. is a holding company owning subsidiaries in a variety of business sectors. The Company’s principal operations are insurance business conducted nationwide on a primary basis and worldwide on a reinsurance basis. Berkshire’s other operations include a railway company, a specialty chemical company, and an international association of diversified businesses
Key Additions: $LAMR, $DPZ, $CB, $CVX
Reduced: $BAC, $AAPL, $AMZN, $DVA, $AON, $STZ, $POOL, $LILA, $BATRK
Key Closes: N/A
New Positions: $NYT
Market Value: $274b, Prior: $267b
New Purchases: 1 stocks
Added To: 4 stocks
Sold out of: 0 stocks
Reduced holdings in: 9 stocks
